Why people are still buying Bitcoin?

[trueman1]

It's only a matter of time (little time) for bitcoin price to go very high, at least $100,000 this year i think and 1 million dollar in 2020.

[1715130785]

1715130785

[patrickj]

We are still purchasing bitcoin in spite of its difficulties, volatility price and conceivable moderate development in esteem on the grounds that many individuals trusts in it and see each possibility of benefit pick up in some other way. Another reason would be on the grounds that many people putting resources into it are trusting that bitcoin esteem will again increment quickly up to $20k or more in only a limited capacity to focus time, which is really conceivable.

[collision00]

Well we couldn't make sure if your hypothesis is correct. As we as a whole know the bitcoin showcase cost before drop to 6K USD in the last walk and now picking up I figure the pattern is as of now 7K USD. This is one thing that made bitcoin had a great deal of effect from silver and gold. On the off chance that you will going to think about the market cost increment it will plainly be distinguish that bitcoin has a ton of market increment than silver and gold. So I figure your hypothesis of the bitcoin advertise cost increment in the following five years isn't right.

[jeanifersoena]

It's only a matter of time (little time) for bitcoin price to go very high, at least $100,000 this year i think and 1 million dollar in 2020.

Maybe the reason why we still buying bitcoin is,it because of trust and hope because they trust that bitcoin has a good opportunity and has a huge value and also it is an easy transactions,and they are hoping to get a huge profit from it,and i think the main reason was the price of bitcoin is so affordable for them to buy for thats time is the right way to buy bitcoin.and thats only my opinion about it.

[ar72]

The reason is buying bitcoin in cheaper price than before. And they want to get big profit in the end of the the year hopefully.

[mezzaluna]

People are still buying Bitcoin because they see it as an opportunity of investment which is actually good for those who can see it. The price of Bitcoin came at a very small price but now the value is at least over $10K US Dollars. They are buying it and hoping that it can give them a very large profit in the future.

[Arumi.Bilqis]

there are many reasons why there are still many people who buy bitcoin, for example, they see bitcoin prices currently declining and this is a very good time to double the bitcoin if it has cash and I do it because I believe that by investing dibitcoin I will get a good profit in the future because that day will be a lot of living expenses that I have to fulfill as a very attractive revenue producer because we have to do from now on

[Md.salauddin]

Bitcoin buying is the best investment now . and now days btc adoption ration increasing day by day becuase of high demand . btc all ready proved its demand thats why it is the king of all crypto currency.

[Blackwhite69]

Many hopes are described by everyone about the great benefits in the future, Bitcoin will greatly help people in the future.

[bright4mech]

The main reason why people are still on buying process on bitcoin, just that bitcoin price is still fluctuating down in price, which can go higher at any point in time, from these session. Currently is the best time to invest.

[zattayu]

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.

Later, people are increasingly aggressively buying Bitcoin because of its rising value ... There are still many bigger dapetnya out there.

[markleal]

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.

Hi there First77! There ase simple answer to your complex question. First, you can't compare the income of bitcoin to silver and gold. It is because there are no bots that instatly trade your silver and gold to earn money in a couple of hours. Additionally, there are holding time in trading those commodities. while you can instantly buy and sell bitcoin within a minuet. Second, even though the return of investment in silver and gold could be much more higher than bitcoin, bitcoin have a much more price volatility among those, which if you have ride it all along could mean a much more greater income.

[Indra32]

People are still buying bitcoin because everyone know that bitcoin will increase very soon so in this dip everyone want to buy a bitcoin and after end of dip they got a large profit.

I think Silver is valued higher than Gold, look where they are now? This gives an understanding that in the future there is no guarantee what will happen to their prices. And in Bitcoin you do not have to wait until it reaches $ 16,000 to double your money, you can buy and sell it even with just a $ 100 or 200 price drop, you will be surprised at how quickly you will double your money in the technique rather than waiting for the target price big.
Even if you prefer Gold or Silver, there is no guarantee that they will get a steady growth of 20% to 35% investment has no guarantee and gives you a short history.

[anehh]

Those who still buy bitcoin are optimistic and confident and have great hopes for bitcoin, and they are not affected by the negative news about bitcoin.

[bellakrstna]

Simple, it is because bitcoins still being used by many peoples around the world and causing the demand very high.
Therefore, people still buying bitcoin even bitcoin price is low

[Ravenangel]

Belif and trust, in as much is its costly to get Bitcoin, we all have seen its ability to emerge fro the dip and re again value, that belief that BTC will earn its investors more money is still  very dominant, compared to Mining, Buying is a lot more cheaper hence convenient for those willing to invest in them

[travelgear17]

I recognize there is a lot of panic going around. I still suppose there's a danger am basing this on the fact that such drop came about earlier than and government banning happened before as properly. So I suppose humans are shopping for Bitcoin in a hope of its price could be rise again and get a few benefit from their investment.

[aizenbryle]

the main reason, they can still profit from it, and they want to use it because of bitcoin’s capability. Many people or users purchase bitcoin because they can even earn money on it if you can profit a massive amount of money even bitcoin’s value is fluctuating too much why you will stop. The over factors is there are grabbing this opportunity to buy bitcoin at a low amount and sell it to their effective rate. The last reason is maybe they want to use bitcoin we all know that bitcoin’s acceptance in big, in terms of payment system, because most of the establishment now know about bitcoin and some of them accept bitcoin as a payment, less transaction, and hard work to some users if they are using bitcoin, like no more queue.

[jagdeepjd]

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 is still being bought at the present level and there will be people who will still buy bitcoin at 100k$ and above bitcoin's growth is not limited and also the person    buying bitcoin does not necessarily mean that is going to hold it until it gives him return of x2 from buy price there are other options to utilise bitcoin like for trading alt coins.

[Yushikarokun]

they assuming price will coming higher again . or they buy it for transaction . so there is alot reason why people keep buying crypto these day .
make profit . make investment . use as transaction . so yeah people needed it . and community continue grow .