5 Reasons why I am buying Bitcoin!!

[jostorres]

Considering that most people don't remove their coins from the exchange they use, it's fair to conclude that they don't care about decentralization and secure transactions. They are here for the profits only.

I don't see much wrong with that.... it's their money so they can do with it whatever they want. Another benefit of that is the fact that you can have a more rational view of the market and where Bitcoin could be heading to in the future.

There are too many moon boys expecting the price to reach $1 million and up, which is ridiculous.

I don’t know if they expect the value of bitcoin to skyrocket magically without us even making our use of bitcoin for payment to count and like you said, many of us are just holding bitcoin and keeping it in our wallet with the expectation of the price increasing in future and many of those that are even speculating bitcoin to be $1million dollars have little investment in bitcoin and yet expecting bitcoin to just start rising.

If we really want a full growth in price for bitcoin, we all need to start accepting it for payment, there is need for it to be integrated in our payment life, and we need to have so many merchants that will also encourage people to use their bitcoin to buy things so that there can be demands for bitcoin which we know that it is demand that really controls the value of bitcoin.

[Edraket31]

adoption is very important for growing bitcoin. from ATM, figure, libra, those can promote bitcoin to many people in the world
you can imagine if there are people know and use it, of course bitcoin would be HUGE
remember that bitcoin isnt always about price, yea i believe that halving can boost bitcoin price, but mass adoption is needed to attact many people

But i think if the adoption of bitcoin to strict and it will be regulated by many countries.
People will not comfort and leave to another cryptocurrency, because the speciality of bitcoin itself is the decentralized and the anonymousity.

As you can see, little by little the adoption is already there, if you have heard, Venezuela are now starting over again with the help of crypto, they even have Bitcoin ATMs now. Also there are some president who are already in favor with cryptocurrencies just like the president of Ukraine, which is a very good thing for all of us. Imagine this adoption can bring to the price.

[Goprimexbt]

This is my top 5 reasons why I am buying bitcoin:
1. Because it is decentralized and I can do whatever I want.
2. Bitcoin for me is still undervalued and I am confident that this current price will be multiplied in the future.
3. Bitcoin is easier and less hassle than scam banks and other financial forms.
4. Bitcoin as a decentralized form cannot be controlled by the banks and the governments.
5. Bitcoin supply is fixed unlike the unlimited paper fiat money generated by banks and governments.

These are some good reasons right here. We have to be careful though because bitcoin poses a direct threat to the big institutions and world governments. The governments need to have control and visibility. Thats why there is a chance if it being killed. There is a secret war on bitcoin and Crypto currency. As I mention this I realize that I have been itching to write my next article titled "The secret war against Bitcoin" where I expose all thats discretely going on.

[Tungsten-1]

On another hand don't look bitcoin as an investment option only and your reasons will skyrocket too because this coin offers cheap and secure transactions, also you are able to control your wallet without any 3rd online services.

Considering that most people don't remove their coins from the exchange they use, it's fair to conclude that they don't care about decentralization and secure transactions. They are here for the profits only.

I don't see much wrong with that.... it's their money so they can do with it whatever they want. Another benefit of that is the fact that you can have a more rational view of the market and where Bitcoin could be heading to in the future.

There are too many moon boys expecting the price to reach $1 million and up, which is ridiculous.

Exactly, it is the benefits and profits that are the main reason why people starting investing in bitcoin and why it is still grabbing more fame and supporters from all over the world. Let’s just not deny the fact that money is the biggest need and it is essential for our survival in today’s world. We all want to enjoy luxuries of life. Bitcoin can give us that in an easy and safe way. Moreover, bitcoin can do anything, it has always been just a matter of time.

We often waste our time in searching for jobs that do not even pay us good money and most of the time when we make our minds for doing certain investments; it is hell tough to find out something as profitable as bitcoin is. As you said, it just takes time from you to reach some amazing profitable value, other than this bitcoin does not demand anything.

[Google+]

when a beginner like you I do the same thing as you invest in bitcoin but i don't use many reasons to invest in bitcoin, i just need to look at the total supply of bitcoin already decided to invest in bitcoin because in the market it will usually be like that when something will difficult to obtain, the price can be very expensive, as is the case in bitcoin today.

[zeze18]

when a beginner like you I do the same thing as you invest in bitcoin but i don't use many reasons to invest in bitcoin, i just need to look at the total supply of bitcoin already decided to invest in bitcoin because in the market it will usually be like that when something will difficult to obtain, the price can be very expensive, as is the case in bitcoin today.

Yes after bitcoin halving next year, it will become harder to get and might be the demand will up and the price too.
But it also depends the functionality of bitcoin itself, if another cryptocurrency born or existing cryptocurrency can surpass bitcoin in terms of usability. I think people will not demand bitcoin that much

[supercanada1]

This is my top 5 reasons why I am buying bitcoin:
1. Because it is decentralized and I can do whatever I want.
2. Bitcoin for me is still undervalued and I am confident that this current price will be multiplied in the future.
3. Bitcoin is easier and less hassle than scam banks and other financial forms.
4. Bitcoin as a decentralized form cannot be controlled by the banks and the governments.
5. Bitcoin supply is fixed unlike the unlimited paper fiat money generated by banks and governments.

You have nice reasons why you are buying bitcoin. For me, the reason why i am buying bitcoin because it is good for a long-term investment that i could make a bigger profit. I think most people who uses bitcoin has the same reason why they buy bitcoin for them to make bigger profits so they could provide their necessities. Also, bitcoin is also good to used for online transactions because it is less hassle.

This is the main reason why bitcoin become this much famous. Everyone wants to become rich and bitcoin provides us a simple easy way. By simply buying it and holding for long can make a person very rich. There are many examples who were able to improve their financial standard with the help of bitcoin. But an investor should never doubt his investment and avoid panic selling to stay away from loss.

[alan2here]

This is my top 5 reasons why I am buying bitcoin:
1. Because it is decentralized and I can do whatever I want.
2. Bitcoin for me is still undervalued and I am confident that this current price will be multiplied in the future.
3. Bitcoin is easier and less hassle than scam banks and other financial forms.
4. Bitcoin as a decentralized form cannot be controlled by the banks and the governments.
5. Bitcoin supply is fixed unlike the unlimited paper fiat money generated by banks and governments.

You have nice reasons why you are buying bitcoin. For me, the reason why i am buying bitcoin because it is good for a long-term investment that i could make a bigger profit. I think most people who uses bitcoin has the same reason why they buy bitcoin for them to make bigger profits so they could provide their necessities. Also, bitcoin is also good to used for online transactions because it is less hassle.

Bitcoin is currently applied in many different fields so the coin is currently very valuable in this market. I think that if you chose to invest, there shouldn't be too many reasons because Bitcoin represents this whole market and this is the only coin that can be used at any end of the world. Currently, no one can manage Bitcoin so using this coin to trade is very convenient.

I personally love crypto and often use Bitcoin for trading because I believe that one day Bitcoin will be very valuable in everyday life.

[nasipadang]

A quick summary of what the five (5) reasons are:

1. I Listed Bitcoin Halving
2. I Mentioned all these Powerful Figures speaking out about Bitcoin (President Trump, Fed Chairman, and Jamie who is the Chairman for JPM and Chase)
3. I mentioned the recent reports on Bitcoin ATMs growth. And Included the chart with the data.
4. I mentioned Facebook Libra coin and some of the big institutions that are onboard.
5. I mentioned the current chart analysis of BTC/USD and how we should buy when everyone is in a panic.

You can read the full article at: https://medium.com/altcoin-magazine/5-reasons-why-i-am-buying-bitcoin-1f1ad0c9dbf

Thank you and please take part in the poll.

The current conditions as you mentioned are all true, but the reason I'm also buying some bitcoin is just halving. In my opinion, figure talks, bitcoin atm growth, and analysis have all been written down from a few years ago. Bitcoin value should continue to rise if according your mention, but the market is not so, up and down market demand continues.

[strunberg]

A quick summary of what the five (5) reasons are:

1. I Listed Bitcoin Halving
2. I Mentioned all these Powerful Figures speaking out about Bitcoin (President Trump, Fed Chairman, and Jamie who is the Chairman for JPM and Chase)
3. I mentioned the recent reports on Bitcoin ATMs growth. And Included the chart with the data.
4. I mentioned Facebook Libra coin and some of the big institutions that are onboard.
5. I mentioned the current chart analysis of BTC/USD and how we should buy when everyone is in a panic.

You can read the full article at: https://medium.com/altcoin-magazine/5-reasons-why-i-am-buying-bitcoin-1f1ad0c9dbf

Thank you and please take part in the poll.

The current conditions as you mentioned are all true, but the reason I'm also buying some bitcoin is just halving. In my opinion, figure talks, bitcoin atm growth, and analysis have all been written down from a few years ago. Bitcoin value should continue to rise if according your mention, but the market is not so, up and down market demand continues.

bitcoin halving will be main trigger for bitcoin price next year.based on historical data, after halving bitcoin price rise smoothly and able to create new all time high.moreover bitcoin fundamental supported by other news such as bakkt trading.demand will created when halving, investod without any doubt will start accumulate their stock.

[Rufsilf]

A quick summary of what the five (5) reasons are:

1. I Listed Bitcoin Halving
2. I Mentioned all these Powerful Figures speaking out about Bitcoin (President Trump, Fed Chairman, and Jamie who is the Chairman for JPM and Chase)
3. I mentioned the recent reports on Bitcoin ATMs growth. And Included the chart with the data.
4. I mentioned Facebook Libra coin and some of the big institutions that are onboard.
5. I mentioned the current chart analysis of BTC/USD and how we should buy when everyone is in a panic.

You can read the full article at: https://medium.com/altcoin-magazine/5-reasons-why-i-am-buying-bitcoin-1f1ad0c9dbf

Thank you and please take part in the poll.

The current conditions as you mentioned are all true, but the reason I'm also buying some bitcoin is just halving. In my opinion, figure talks, bitcoin atm growth, and analysis have all been written down from a few years ago. Bitcoin value should continue to rise if according your mention, but the market is not so, up and down market demand continues.

bitcoin halving will be main trigger for bitcoin price next year.based on historical data, after halving bitcoin price rise smoothly and able to create new all time high.moreover bitcoin fundamental supported by other news such as bakkt trading.demand will created when halving, investod without any doubt will start accumulate their stock.

That only be a hopeful thing but its gives no assurance for a bullish market. As it to know that the market is not the same as what it runs before and also there is possibilities that the upcoming halving won't act the same before. For this, I'd better not to think what it should be, but rather to accept any possibilities may happen next year.

[glendall]

basically choosing an investment in Bitcoin with the reason that the maximum limited supply has become a sufficient reason,
it's just that maybe the foundation of faith is not strong enough, and you can overcome it by asking chart experts, because bitcoin also depends on the market direction, we can't predict the price of bitcoin like what,
so that's why to have a strong reason to invest in bitcoin is to know what bitcoin has and doesn't have by FIAT or others ..

[jets567]

The reasons I bought Bitcoin because I believe in its technology, it is the most useful and trustless currency in crypto space that may cause to be the future currency on the next generation to come. In addition, I find it very convenient and secure to use for my cashless transactions.

[adroitful_one]

I went with the disagree, it will go lower and then blow up later option. I'm not completely positive it will go much lower, but either way, it's going to blow up in price somewhere around the halving. Either shortly before, or right after the halving. If you bought in now, you'll be just fine. There's still plenty of meat left on that bone to chew on for the next few years.

[Wysi]

I went with the disagree, it will go lower and then blow up later option. I'm not completely positive it will go much lower, but either way, it's going to blow up in price somewhere around the halving. Either shortly before, or right after the halving. If you bought in now, you'll be just fine. There's still plenty of meat left on that bone to chew on for the next few years.

I hope things go as you have mentioned because it's been a while since we have seen a pump and a possible pump would boost up the market and bitcoin halving will be the game changer if things go well and it will pool in new investors and squeeze out more investment from the existing users if we see some signs of price increase.

[BitHodler]

If we really want a full growth in price for bitcoin, we all need to start accepting it for payment, there is need for it to be integrated in our payment life, and we need to have so many merchants that will also encourage people to use their bitcoin to buy things so that there can be demands for bitcoin which we know that it is demand that really controls the value of bitcoin.

People are more than happy to accept Bitcoin, but they aren't as happy to spend their coins, which I can't blame them for because it's far more rewarding to sit on your coins than to spend them.

I'm sure that most people have had a situation at least once where they spent their coins to later see the price quadruple not long after.... those who have very likely won't be spending their coins again.

Bitcoin being a store of value is where most of the value will come from. Gold is a store of value too, and that while the industrial demand for it has decreased a lot because of the high price.

[huige007]

This is my top 5 reasons why I am buying bitcoin:
1. Because it is decentralized and I can do whatever I want.
2. Bitcoin for me is still undervalued and I am confident that this current price will be multiplied in the future.
3. Bitcoin is easier and less hassle than scam banks and other financial forms.
4. Bitcoin as a decentralized form cannot be controlled by the banks and the governments.
5. Bitcoin supply is fixed unlike the unlimited paper fiat money generated by banks and governments.

These are some good reasons right here. We have to be careful though because bitcoin poses a direct threat to the big institutions and world governments. The governments need to have control and visibility. Thats why there is a chance if it being killed. There is a secret war on bitcoin and Crypto currency. As I mention this I realize that I have been itching to write my next article titled "The secret war against Bitcoin" where I expose all thats discretely going on.

Of course, bitcoin is a matter of interest for all governments because they also want to gain maximum profit from bitcoin and all other related crypto currencies. They are interested in controlling bitcoin and then controlling people. Well you shall right down such article that is going to help majority of people about the future of bitcoin.

[Murat]

I think this isn't an up to date analysis, not even up to the mark also, all these reasons are well known by the people of this platform so you haven't started any new things here, just waste of time, nothing else. I think Bitcoin is halving will not come to any regular basis so it doesn't make any sense, how could you analysis of this thing that Bitcoin halving comes on a certain time of period? is there any proper or concrete reason for this cycle? I don't think so. Yes, you can buy except these reasons because Bitcoin is very potential for the purpose, Bitcoin holding will bring you a good amount of profit so it doesn't require any other reasons.

[ReiMomo]

That's right. We just need to buy more or invest more now since the bitcoin price was meanwhile dropped too much so that we can be able to earn some profit when the price rises again and that's reasons are very real and many people just need to know that and adopt it as well. Real crypto enthusiasts will understand the crypto market situation if you are not invested you might regret soon and it is really hard to jump in when the price is high. So, be ready if you believe that there is next halving.

[Best Dreams]

I went with the disagree, it will go lower and then blow up later option. I'm not completely positive it will go much lower, but either way, it's going to blow up in price somewhere around the halving. Either shortly before, or right after the halving. If you bought in now, you'll be just fine. There's still plenty of meat left on that bone to chew on for the next few years.

I hope things go as you have mentioned because it's been a while since we have seen a pump and a possible pump would boost up the market and bitcoin halving will be the game changer if things go well and it will pool in new investors and squeeze out more investment from the existing users if we see some signs of price increase.

Maybe when halving come, a lot of people already hold a lot of bitcoin on their wallet. If they use last pump as benchmark, they will start to buy it and can dump it anytime after halving. I will more focus on it, and be prepare if dump come to sell my coin before late.

Selling early is bad idea I think we should have patience and keep holding as much as possible. Because right now the price in the market is not high so better control your emotions and control yourself from selling your coins early. In trading, it is much better to trade for the long term than trading for the short term to get nothing.