Why people are still buying Bitcoin?

[marlonbatotoy]

There still have believer that there is chance to increase the value of bitcoin because last year it reached 18 thousand dollars. And now the value dropped .. I think more buyers and keepers..

[oracleongoodbye]

For me, why people are still buying bitcoin because of 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.

[goodfortune2018]

For me, why people are still buying bitcoin because of 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.

I believe people are still buying bitcoin due to its cheap price because they are thinking that bitcoin will surely recovers its previous loss due to its popularity and once the market increases it should be a big gain for all.

[IndigoRed]

Bitcoin is gaining a lot of popularity and more speculators see its potential growth. But as the saying goes " Don't invest in bitcoin (or anything for that matter) to become an overnight millionaire." Study the market and always be updated with crypto news.

[Labay]

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 was like that, every year the bitcoin was pump because when you check the chart every year then you compare it to every year, you can see that it pump and the holders get some profit.

Bitcoin was different from gold or silver because the bitcoin was easily to dump and also pump and it is good for some person who have some knowledge about bitcoin because you can get more profit using trading.

[Chickendinner123]

The reason why people still buying bitcoin because in this way of investing have a lot of profit and a very great income to get money. They still buy it until they always get profit in bitcoin. If you buy a low price in bitcoin and wait when the price goes up youll get profit and still have the capital money. And the main reason is if the time come that bitcoin is already mined the 90% of bitcoin the price of it will get high because it is indemand.

[Yakapo]

The cost of mining Bitcoins might have soared so high, but so is its value, People still believe in the coin and there is little that will stop them from buying what they believe gives them a high chance of making profits Bitcoin still hasnt not been declared solvent yet, there is still always a chance that it will gain value

[witchscarlet]

People buying on bitcoin because they believe that bitcoin is future bitcoin.Bitcoin prices will increase again somebody.Bitcoin can change the economy of someone who uses the bitcoin.

Yes,people still buying bitcoin,it simply because in bitcoin we can achieve our bright future.Through it we can change our lives...Investing bitcoin is more profitable and we can achieve what we have been dreaming of.

[ice18]

Because many people are believing that investing in btc and hodling it for a long time will give them a huge return instead of storing in a bank where you can earn a very small interest over a year.  

[CryptoSmile]

Bitcoin is still quite reliable and still has the potential to have a high price, besides bitcoin also has a good security and easy transactions and can be done anytime. that's what keeps people buying bitcoins.

[TheKeyLongThumbI]

They buy bitcoin because huge companies are trying to implement blockchain on their system and it is slowly dominating the financial system and you'll just wake up someday regreting not buying a single one because it costs more than a $100k.

[First77]

They buy bitcoin because huge companies are trying to implement blockchain on their system and it is slowly dominating the financial system and you'll just wake up someday regreting not buying a single one because it costs more than a $100k.

Gold is $1300/ounce. Bitcoin is going back to $6,000

[reverseflash]

Long-term investment is subject to risk too. Gold and silver will make for 25% of profit? Most likely almost all this percent will be absorbed by inflation. The bitcoin gives the chance to earn much bigger % for a short time.

[koldir]

Bitcoin still has the potential for growth. In any case, the percentage increase in the price of bitcoin is more than the bank can offer. How big a risk when buying crypto is so great and the profit

[tisoysoy]

In my perception why people still buying bitcoin because Its a utility which commonly used to Invest In different altcoins or some ICO projetcts and Its also used as a mode of payment by paying different bills like, water and electric bills. And Its a kind of token where you can't ever regret once you start Investing It because Its surely Increase Its value once the demand was high.

[Sevarchik]

Because this currency with limited supply.
All limited things increase their price if it be useful.
And price today half of historical maximum

[paruru123]

Because Bitcoin is a lucrative investment, although the bad news about Bitcoin, but the number of Bitcoin users continues to increase.

[Olga1111]

I think because it is the most expensive coin and people buy it when the rate is reduced and sell when it rises and earn

[linsayjinny]

People buying bitcoin at low price believe the promising future of bitcoin.  they still believe that bitcoin can still rise again the price. so. they still buying Bitcoin

[Carrelmae10]

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.

..people are still buying bitcoin,,because they do believe that bitcoin will give them success..For me,,i still buying bitcoin because i do believe in the power of it..although the volatility of its value is not stable,,i know that somehow,,bitcoin will lead me to the success that i need to achieve..