5 Reasons why I am buying Bitcoin!!

[johnwest]

I totally agree with the bottoming opinion as I too feel we have bottomed this time's dump cycle and we can only go up from this point of time. Though am not seeing any bull run buy outs but still we have good support at 8k. But alts are going to suffer when we see a sudden pump in bitcoin like in the past.

[1715450142]

1715450142

[buwaytress]

Here are my 5 reasons:

1. You know from those utopic sci-fi movies, if our future turns out like one of those, bitcoin is highly applicable
2. It is decentralized, meaning, we are the ones who can control our money.
3. Can save trees? Because you don’t have to use trees to print money
4. It is a convenient alternative to fiat currency
5. A great investment, you can make money with it obviously

1. You sure you don't mean dystopian? Because in a utopian society, we actually probably would all be very happy with or without money, without Bitcoin. We'd all be getting some kind of universal income without needing to worry about personal wealth. Or is that just a socialist utopia?

2. OK I'll bite

3. Really? Not that I agree with the anti-mining campaigners but securing the network is pretty energy intensive. Need more trees to absorb all the extra carbon generated!

4. Not yet. You can't tell me Bitcoin's more convenient than dollars in my pocket, can you. You ever sent someone bitcoin?

5. Remains to be seen, but I hope you're right!

[Triffin]

I totally agree with the bottoming opinion as I too feel we have bottomed this time's dump cycle and we can only go up from this point of time. Though am not seeing any bull run buy outs but still we have good support at 8k. But alts are going to suffer when we see a sudden pump in bitcoin like in the past.

we have dump now but it's good for us as we got an opportunity to get some profitable coins at very low price. We know price can pump suddenly very high same as happens in crypto so keep hoping for the best. I can see price getting high timely so buy now and hold, bitcoin is the only coin that has highest potential to rise in price faster than ever.

[StephenieDuong]

Hmm i believe i have read these reasons too many times. When someone suggest to invest bitcoin, they always show these reasons. For me, i just believe in crypto currency future and crypto want to grow, bitcoin has to be the leader. 

[Vertex_ICO]

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://goprimexbt.com/2019/09/28/5-reasons-why-i-am-buying-bitcoin/

Thank you and please take part in the poll.

Hi! Thanks for this. Another reason I’d buy Bitcoin now is because we’re coming up to a halving in May 2020. Historically, there have been bull runs around a year after a halving event (2013 and 2017), and this one could be the most exciting one yet.

[daarul50]

With crypto-currencies you never know, I said I'm not sure cause Bitcoin price surprised me many times, and not just me, other people as well. When most people thought it will rise Bitcoin went down when we thought Bitcoin will drop we saw the opposite.
I'm investing in Bitcoin cause I believe it's the future, the future is in decentralization. Only that can help us all! And it's better to believe in math than in other people.

5 real reason why people buying bitcoin

1. they want a lambo doesn't matter there is halving or not , they believe they can get rich quick.
2. they want a lambo doesn't matter trump or nelson mandela -god bless him- mentioned bitcoin it doesn't change the fact that you want a quick cash right?   
3. they want a lambo doesn't matter there is more than 100000 bitcoin ATM around the world.
4. they still want a lambo doesn't matter there is a big company involved in crypto projects , to get rich without hardwork is the main reason.
5. everybody want a lambo doesn't matter a lot of financial/crypto analysts that bitcoin market is bullish going to the moon very soon , this is the real reason why, they continue expecting bitcoin miracle every year.

but nobody knows when exactly this will occured.

[atjiat]

It is unfortunate that very few users participate in the survey, because I would like to know the real mood of bitcointalk users in relation to the future of Bitcoin.  Nevertheless, if we recall the end of 2018, we can safely say that the current state of affairs in the cryptocurrency market is not as bad as it was at the end of last year.  But the most important thing is that the price of Bitcoin is around $ 7,000 and does not fall below, and this indicates the real value of this coin and its demand in society.
For me personally, there are other cryptocurrencies that I have very high hopes for and at the same time I believe in the prospects of these projects.  But if we talk about Bitcoin, then my excitement responds to all the forecasts that speak of big scenes on this coin and therefore I risk a certain amount of funds for investing in Bitcoin.  But I can risk these means without problems.

[pamsugas]

Halving day bitcoin is the most popular news today because some people believe that bitcoin will be able to go up to 2-3 times. even now bitcoin is in a state of bear market people aren't even afraid of that they buy it all the time. that's why I still keep bitcoin on the grounds of halving bitcoin

[MI6]

Halving day bitcoin is the most popular news today because some people believe that bitcoin will be able to go up to 2-3 times. even now bitcoin is in a state of bear market people aren't even afraid of that they buy it all the time. that's why I still keep bitcoin on the grounds of halving bitcoin

See a lot of people discuss about halving, most of them really optimistic about bitcoin price either when halving come or after halving. Maybe if it really happen, people don't want to miss the moment like in last ATH. Maybe with now when people start to hold more it can really help bitcoin price itself.

[sana54210]

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)

There are still some influencers that don't speak good about Bitcoin and cryptocurrencies and they are many. Trump that you mentioned is not a supporter of cryptocurrency and he's made it clear that he is against it. And for the influencers I know that are into cryptocurrency, some of them have been making predictions that are hard to believe lol, I have seen them mention that Bitcoin will reach $700,000 this year and this year I already over and we haven't seen any much increase at all. John McAfee even mentioned we won't have anything less than $500,000 but still, here we are and the price is now below $7,000.

Halving day bitcoin is the most popular news today because some people believe that bitcoin will be able to go up to 2-3 times.

Well, I only trust that the halving will make the price to go up and that's going to be next year after the halving, but I we cannot be sure how much it will rise up, both of last 2 halving made prices to rise up in ten fold. We can expect the same thing to happen again. Now, may main concern is making use of the current low prices; yes, I do not need OP's 5 reasons; just cheaper prices are more than enough for me.

[Pamadar]

Halving day bitcoin is the most popular news today because some people believe that bitcoin will be able to go up to 2-3 times. even now bitcoin is in a state of bear market people aren't even afraid of that they buy it all the time. that's why I still keep bitcoin on the grounds of halving bitcoin

See a lot of people discuss about halving, most of them really optimistic about bitcoin price either when halving come or after halving. Maybe if it really happen, people don't want to miss the moment like in last ATH. Maybe with now when people start to hold more it can really help bitcoin price itself.

The spirit of hoping for another bull run are still inside the minds of those who particularly experienced that big pumped. Knowing that the chance still
high before or after halving gives those optimistic people to stay positive and still desire to buy and hold.

Patience and your own interpretations of potentials are the factors to consider when you take your risk investing with bitcoin.

[Subbir]

The spirit of hoping for another bull run are still inside the minds of those who particularly experienced that big pumped. Knowing that the chance still
high before or after halving gives those optimistic people to stay positive and still desire to buy and hold.

Patience and your own interpretations of potentials are the factors to consider when you take your risk investing with bitcoin.

Bitcoin halving most issue pumped up worth positive halving before or when hoping that begin pump before halving high tense when halving everyone seems to be therefore excited concerning what's going to happen halving next hopefully one thing smart awaits us.

[MI6]

Halving day bitcoin is the most popular news today because some people believe that bitcoin will be able to go up to 2-3 times. even now bitcoin is in a state of bear market people aren't even afraid of that they buy it all the time. that's why I still keep bitcoin on the grounds of halving bitcoin

See a lot of people discuss about halving, most of them really optimistic about bitcoin price either when halving come or after halving. Maybe if it really happen, people don't want to miss the moment like in last ATH. Maybe with now when people start to hold more it can really help bitcoin price itself.

The spirit of hoping for another bull run are still inside the minds of those who particularly experienced that big pumped. Knowing that the chance still
high before or after halving gives those optimistic people to stay positive and still desire to buy and hold.

Patience and your own interpretations of potentials are the factors to consider when you take your risk investing with bitcoin.

This is what only i think, not means people will think too. But i think event in bitcoin especially for price will happen like repeated. If halving come, it means increased. Holiday means we hold more. I think it might be considered as speculation. But that is what i do and i confident with it.