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Author Topic: Why people are still buying Bitcoin?  (Read 2978 times)
adjong
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June 01, 2018, 09:05:13 AM
 #781

for me people are still buying bitcoin because any person who know the technology and understands market trends are know that bitcoin is the currency of future,still at the top of the market with the highest market cap and vlue, the coin i currently taking a dip, and low in valuation but those who know better knows that it will regain its value.
CoinFoxs
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June 01, 2018, 09:08:20 AM
 #782

Because bitcoin is the only currency which has high potential and stablility in their price, price of bitcoin is low nowadays but in future it will definitely rise!!
bce
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June 01, 2018, 09:15:24 AM
 #783

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.
buying and investing with bitcoin is an option, because investing with bitcoin risk is great that we should get if we sure and believe certainly will not feel panicked and afraid of investing with bitcoin
ScottAdam.
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June 01, 2018, 10:45:26 AM
 #784

Well because there hoping that bitcoin will rise in this upcomming months and i hope it will come, i dont want bitcoin to come to the end. If i have the power i will voluntarily buy bitcoin if i can. If you manage to buy bitcoins at the lowest possible price, you are not just a wise investor, you will be an extremely rich investor. Since that is not possible, you will have to buy at different price points. And Bitcoin has the same problem. Firstly Bitcoin mining is a long process. Secondly, the amount of bitcoin is limited. Therefore, maybe Bitcoin will follow in gold footsteps.
franciscoDC
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June 01, 2018, 10:54:35 AM
 #785

For me, beacause they believe on it that they will earn and could earn by investing on it,like me i have a little bit investment in bitcoin and im still waiting the high price of it ,and if it will im willing to sell it and after that i would buy again in the dip price,these is the basic strategy that i know if you want to earn in bitcoin.

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bitcoinman93
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June 01, 2018, 10:58:01 AM
 #786

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.

you don't know how much will the price of bitcoin increase. You also don't know how much will the price of gold increase. Those are just assumptions, it's definitely not the linear growth..
Dorcolac
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June 01, 2018, 11:08:47 AM
 #787

I think its much more than just its value in USD/EUR. Bitcoin will have its value as a currency when national governments start using it. When that happens its value will skyrocket and it will become much more influential than your paper money.
gurang
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June 01, 2018, 11:11:03 AM
 #788

Everybody, including me, is saying 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!
because they are interested so they continue to buy bitcoin and maybe they want to buy it because they want to invest and they want to overcome
Elrozaq
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June 01, 2018, 11:11:12 AM
 #789

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.

Why people are still buying bitcoin, because they believe bitcoin is the future currency, It is good for long term investment.
dodz031718
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June 01, 2018, 11:11:22 AM
 #790

While others are wishing for it to rise and make them rich.I think it really does not matter because we all do what we do
for a reason and there is no need to explain.They still believe in the power of bitcoin and what bitcoin can to change their financial status.Now is the good time to buy because of its low price and hold it until the price will increase to gain profit.
charlenedave
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June 01, 2018, 11:13:20 AM
 #791

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
People are still buying Bitcoin because it is the most popular one, thus, it is the most trusted cryptocurrency in the virtual world. The price is still promising and profitable.

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June 01, 2018, 11:35:07 AM
 #792

I think most people still trust bitcoin as an investment in the future then the number of fans and never empty from investors who buy bitcoin for the future.
Domanity
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June 01, 2018, 11:41:49 AM
 #793

Bitcoin a digital assets crytocurrency very promising. price changes bitcoin very significant, making traders bitcoin can take advantage full potential. which is why people still interested in buying bitcoin, as they hope to buy bitcoin a when they will get a big advantage.
Cabecabean12
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June 01, 2018, 11:45:52 AM
 #794

I think personally. Bitcoin will be a big long-term winner. Because Bitcoin is an investment that has great potential and stable, I'm glad I did not become a person in 2019 regret not buying in 2018.
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June 01, 2018, 11:48:29 AM
 #795

Because bitcoin is the only currency which has high potential and stablility in their price, price of bitcoin is low nowadays but in future it will definitely rise!!
I do not agree if bitcoin has high stability in terms of price. because in fact until now the price of bitcoin is also very volatile and up and down. the risk here is huge

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Falconmytyh123
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June 01, 2018, 11:53:06 AM
 #796

Because they trust bitcoin price can be going up in the future. Indeed bitcoin price is not stable it can be going up or down anytime. But what should we do if the price is down? i hope we can find way out from this problem. Smiley

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Dswaggers
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June 01, 2018, 12:01:16 PM
 #797

Everybody, including me, is saying 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!

Ripple is $0.60 and it will be $6 to $60 in 1 to 4 years. Ripple is heavily centralized, working with big banks and money transfer companies like Moneygram and Western Union. Is this true ??

People is still buying bitcoin because they trust and beleive bitcoin...they think buying or investing here is one way to have greater life and one of the succesful person....As we know bitcoin also is the most profit and trusted  cryptocurrency in our society and theres no doubt bitcoin will be rise in the next year.....
totem-i
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June 01, 2018, 12:01:59 PM
 #798

People have bitcoin to buy the thousands of altcoins in the market, it will still be a useful currency in this market
First77 (OP)
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June 01, 2018, 12:08:43 PM
 #799

The question is why not? Why would you not do it? I think now its a good time to invest. specially joiners that came at 12k+ should buy now to lower their average price. BTC is still young and the majority does not have any crypto coins

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do you know Brandon Campbell? He's a popular workout coach, said he made some $1300 every month from 600,000 views. This means roughly $2 for every 1000 views
cloudbleron18
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June 01, 2018, 12:13:58 PM
 #800

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.
Maybe they still buying because they believe that bitcoin will going mjch more longer and it is going to be legal here in our country.that is why some people continue buying on it.

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