Why people are still buying Bitcoin?

[royalfamily1000]

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

Every peoples including me are investing money to get profit. when Bitcoin Price is decreasing, peoples are trying buy Bitcoins. because Peoples know that Price of the Bitcoin definitely increase by more than double when it is increasing. it may be within one week or one month or one year sometime more than that. But the profit they will receive is much higher than what they can get from Bank interest if they deposit same amount in Bank.

Many People are buying more bitcoin today because the market value is still very cheap and they want to hold until the market will rise.

[novsali]

Bitcoins can give much more profit as compared to gold or silver. It has given more than 100-500% returns per year.

[ivakar]

Why people are still buying Bitcoin?

because they are thinking about good POSSIBLE profit. this is the risky game they wanna play.  really high risk for new players and general public, for people who do not understand how the cryptomarket is working.  for those who know how, this is the very good way to earn money

[DavidLuziz]

I always think that  investing in bitcoin will get a profit! At present, there are many ICOs projects, so many opportunities to make a profit! I always hope to be successful!

[DavidLuziz]

bitcoin can be used for anything and even needs and lifestyles. Therefore the bitcoin enthusiasts are increasing and never disappearing

[DavidLuziz]

Because the bitcoin is a huge profit so many investors and suporters here. So for me the bitcoin can help our lives so many buy it. So we want to lift our lives we only believe in bitcoin.

[Ahimoth]

bitcoin can be used for anything and even needs and lifestyles. Therefore the bitcoin enthusiasts are increasing and never disappearing

Bitcoin is one of the best thing that you can afford in these days. It is a good investment and a lot of people likes to have it even if it's struggling because the future of bitcoin is very bright. It will be with us in the long run and the living in here is certain. Bitcoin can be still very helpful for the coming years so they get involved with it.

[cryptocanley]

I think people are still buying bitcoin because it's not currency but a decentralized network. bitcoin transaction fee is low than other currency. Most of 3000 ATM is already starts over the world. Bitcoin mining has a large carbon footprint.

[luckchuck]

Everyone saw the price for cryptos increase several folds and everyone now wants to become rich. this is why many keep investing more money into it.

[Altcoindealer]

Maybe people continue bitcoin because when they start to interest for cryptocurrencies, they see the benefits and the negativ points about fiat money. And i think a lot of them also loose their trust in fiat money and they want to go save with buying some cryptocurrencies!

[Al Muhaimin]

Because they have believed that bitcoin will provide an income that can be expected to cover all its needs.
Fluctuating bitcoin makes the fans can not move to another heart.

I agree with you about things. This is because bitcoin can help the economy and many benefits people will look for bitcoin and invest with bitcoin

[Ronni]

People are still buying bitcoin because they believe that this will give them good investment opportunities in the future. Btc is very risky but has greater chance of giving you higher returns especially when the exchange rate favors your side. You will earn high profit and you can now use this either for your daily needs/wants or invest the money again. 

[Btcmicel]

People are still buying bitcoin because they believe that this will give them good investment opportunities in the future. Btc is very risky but has greater chance of giving you higher returns especially when the exchange rate favors your side. You will earn high profit and you can now use this either for your daily needs/wants or invest the money again. 

I think because they believe in bitcoin. And the profits bring is bigger compared to the other.many people change in thier life because of bitcoin.

[meowskie]

Buying/Investing in bitcoin is profitable. But they believe that in the long term point of bitcoin the value will rise up and they can get more profit. But if they want to earn more bitcoin try to join campaign so while your investing you still other way of earning Bitcoin.

[blackandred]

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

Most of the people buy it because of the hype and speculation in place. Which means if everything plays out right you would not have to wait 5years for it to hit 16k$ but less time. However that's why bitcoin is seen as an investment with high risk. Other people might buy it because they use it for other purposes rather than speculation. So you either buy bitcoin because you believe in it, you are using it in one way or because you like to gamble.

why do need to five years . it only need for six months time , bitcoin from six thousand dollars up to 20000 dollars  . recent are a bear market , bitcoin slow growth . after September , market will enter bull , bitcoin of the growth rate will beyond the people's imagination .

[veejay2716]

People still buying bitcoin because they still believe the huge amount of earnings that bitcoin can give although sometimes the market is in bad conditions but just continue to hold and good profits will be coming.

[gelliiknya]

People are still buying because they believe that prices will still increase in future. I think that there are some alt coins which can give better returns in comparison to bitcoin.

[kiumilo0o]

In the conventional banking system, you have to trust the people who hold your money. You have to trust the bank ... Bitcoin is all decentralized, you do not need to trust anyone. When you send out a transaction, it is just a digital signature and security. A miner will confirm it and the transaction is complete.

[wildan88]

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

bitcoin prices are very volatile, we could see the past year in which bitcoin price touched the highest price $19k in less than 1 year, even just a few months.
many people still buy bitcoin, because they believe bitcoin very profitable, even in the short time they can profit a lot because the price is never unexpected.

[AnatoleWright354]

because bitcoin is a digital currency that has a very rapid development, and so good to be made land for investment business.  Many people are become rich by it. That's why people are buying Bitcoin.