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Author Topic: Why people are still buying Bitcoin?  (Read 2968 times)
Gabah56
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May 31, 2018, 04:54:19 PM
 #701

because the bitcoin is now down again. this is the main reason they buy bitcoin.
because investing in bitcoin does not take a long time is getting a big advantage .

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badungs
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May 31, 2018, 04:54:27 PM
 #702

I think the right reason is They are still buying bitcoins because they believe they can work and earn from bitcoin. They believe that, from bitcoin earnings will help them for their daily needs and can realize all they want, maybe they also use bitcoin because they can transact anywhere with ease. and they believe there is always a chance to earn money from their investments.
Arafat01775
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May 31, 2018, 05:14:21 PM
 #703

Bitcoin is best crypto currency in the world. It is a more profitable coin in the world. And it is a one of the trusted coin ever I seen. People are know that how profitable in this coin. Just buy bitcoin and hold a moment,then the result is unbelievable. More profitable and more trustful coin,that's why people are still buying bitcoin.
soplo
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May 31, 2018, 05:14:49 PM
 #704

everyone also includes me if the business would want to make a profit, so why people still buy bitcoin, because I think bitcoin is still to be expected, much is gained by buying bitcoin or investing in bitcoin, we buy bitcoin for long-term investments, bitcoin expectations for the future the front still looks good, and it can be said if investing in bitcoin can change a person's life, they can meet the needs of their families by investing in bitcoin, bitcoin still worth buying, long-term investment we also have to think about the future of our children later, we can buy bitcoin now and we can pass it on to our children for the future of our child later. Wink
Timere
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May 31, 2018, 05:16:57 PM
 #705

But I still think that now people who understand how bitcoin works are buying bitcoin. Those people who buy during rapid growth simply want to make quick money
Chopmoney
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May 31, 2018, 05:19:29 PM
 #706

Regardless of all the risks to be faced, more and more people want to enjoy the benefits offered by bitcoins and merchants that work together with bitcoin. It's all about bitcoin that can be used as a form of payment system, unlike gold and silver that can not be used to pay.
felicita
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May 31, 2018, 05:21:58 PM
 #707

iam still buying bitcoins becourse i pay my hosting and domains with it and i get a small interesat rate on my bitcoin core balance..


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Wahyu aep
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May 31, 2018, 05:25:17 PM
 #708

everyone bought it because of the hype and speculation in place. Which means if everything goes well, you do not have to wait for 5 years to reach $ 16,000 but less time. But that's why bitcoin is seen as a high-risk investment. others may buy it because they use it for other purposes rather than speculation. They love bitcoin and the trust they provide is so high why they can not stop buying bitcoin. The other thing I noticed is they see bitcoin very profitable.
ardibimbim
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May 31, 2018, 06:00:07 PM
 #709

Although Bitcoin is now weakening, but bitcoin is not abandoned, when there are people who sell, on the other hand even more who think positively and think this is a good opportunity to shop for digital assets.
A growing number of futures are adding to Bitcoin's legitimacy as one of the top asset. There are many success stories that we can see from here. For example when Bill Miller risked his crypto hedge fund and managed to get 50% Bitcoin. This is proof that Bitcoin is not dead at all.
Cryptoreflector_666
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May 31, 2018, 06:04:20 PM
 #710

Although Bitcoin is now weakening, but bitcoin is not abandoned, when there are people who sell, on the other hand even more who think positively and think this is a good opportunity to shop for digital assets.
A growing number of futures are adding to Bitcoin's legitimacy as one of the top asset. There are many success stories that we can see from here. For example when Bill Miller risked his crypto hedge fund and managed to get 50% Bitcoin. This is proof that Bitcoin is not dead at all.
Here it is necessary to understand that the survivability of bitcoin depends not only on the purchasing power of the currency, but also on how much it is backed up and what. Miller may own 100% of bitcoins, but what's the point if it is devalued in the stock market and exchanges?

Anismanja6
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May 31, 2018, 06:05:11 PM
 #711

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.

The reason people are still buying bitcoin, because bitcoin is the best coin and can provide great benefits.
Cryptoreflector_666
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May 31, 2018, 06:10:30 PM
 #712

everyone bought it because of the hype and speculation in place. Which means if everything goes well, you do not have to wait for 5 years to reach $ 16,000 but less time. But that's why bitcoin is seen as a high-risk investment. others may buy it because they use it for other purposes rather than speculation. They love bitcoin and the trust they provide is so high why they can not stop buying bitcoin. The other thing I noticed is they see bitcoin very profitable.
Well, you can not love bitcoin for the fact that it is just bitcoin) in any case, every potential and real investor bitcoin has its own benefit. Most often financial and in many cases fraudulent. This should always be remembered when dealing with cryptocurrencies and currency exchange exchanges.

Cryptoreflector_666
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May 31, 2018, 06:11:52 PM
 #713

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.

The reason people are still buying bitcoin, because bitcoin is the best coin and can provide great benefits.
  What will bitcoin do when a new coin of Pavel Durov is released on the market? Think everybody will come to merge devalue bitcoin and purchased a token telegram.

Heopu
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May 31, 2018, 06:21:16 PM
 #714

I think that bitcoin can help investors make quick profits in a short time and not wait 5 years, but bitcoin implies a lot of risk. Personally, I still prefer investing in bitcoin than investing on gold and silver.
Cryptoreflector_666
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May 31, 2018, 06:26:28 PM
 #715

I think that bitcoin can help investors make quick profits in a short time and not wait 5 years, but bitcoin implies a lot of risk. Personally, I still prefer investing in bitcoin than investing on gold and silver.
However, I think investments in gold are more reliable in terms of long-term period than investments in bitcoins. It also all depends on the amount of investment - no one will pour into bitcoin all their savings given its jumps in the market, which can not be said about gold and silver.

Dayan1
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May 31, 2018, 06:29:04 PM
 #716

Regardless of all the risks to be faced, more and more people want to enjoy the benefits offered by bitcoins and merchants that work together with bitcoin. It's all about bitcoin that can be used as a form of payment system, unlike gold and silver that can not be used to pay.

This is indeed true, as a matter of fact many people uses it as a substitute on stocks exchange, why ? because stock exchange requires a lot of paper works while bitcoin is very easy and convenient to use, you can use it as a money or even as investment . A lot of people are keep on earning bitcoin ,you just need a proper guide and knowledge about it,

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eashikde
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May 31, 2018, 06:41:20 PM
 #717

Many hope that bitcoin will go up. I believe that there are prospects for growth if it will work with governments and use bitcoin to pay for goods and services.
Feuerbach
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May 31, 2018, 06:41:45 PM
 #718

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.
I doubt that an increase in the cost of bitcoins to 16,000 dollars will take 5 years. This will happen, most likely, this year, and that is why it is bought)
tayecrypto
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May 31, 2018, 06:50:41 PM
 #719

They keep investing bitcoin because they know in the future, bitcoin will increase higher and higher in value so that they get a big profit when they convert it back to fiat.
LDenis555
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May 31, 2018, 06:51:22 PM
 #720

People hope that bitcoin will bring them the mountains of gold and wait for it to take off more ,which was in the beginning, but it is unlikely he will be able to rise to previous heights.
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