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Topic: 5 Reasons why I am buying Bitcoin!! (Read 1249 times)

MI6
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December 17, 2019, 09:07:45 AM
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.
full member
Activity: 798
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December 16, 2019, 11:21:58 PM
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.
legendary
Activity: 2982
Merit: 1028
December 16, 2019, 10:49:18 PM
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.
legendary
Activity: 3346
Merit: 1128
December 16, 2019, 10:28:13 PM
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.
MI6
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Activity: 1260
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December 16, 2019, 10:42:15 AM
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.
sr. member
Activity: 1092
Merit: 255
December 16, 2019, 08:14:04 AM
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
full member
Activity: 1204
Merit: 104
December 15, 2019, 07:10:50 AM
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.
legendary
Activity: 1596
Merit: 1034
December 13, 2019, 09:15:21 AM
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.
jr. member
Activity: 602
Merit: 8
December 13, 2019, 03:04:46 AM
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.
sr. member
Activity: 602
Merit: 250
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December 12, 2019, 12:19:51 PM
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.  Wink
sr. member
Activity: 952
Merit: 251
December 10, 2019, 02:10:58 PM
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.
legendary
Activity: 3010
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December 09, 2019, 01:36:18 PM
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?Wink

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!
hero member
Activity: 1106
Merit: 503
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December 09, 2019, 10:38:45 AM
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.
sr. member
Activity: 644
Merit: 253
December 09, 2019, 09:47:14 AM
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.

It's because the whales are watching people behaviors on the internet, when many people expect the price would pump they will dump it, and when people are predicting the price will down and take out their tradem the price pumped and the people will panic and doing FOMO and the whales are getting profits from there.

Correct and since they are too rich enough they really can manipulate the price of the crypto market as well as the mind of people, so it is really frustrating and sad to check people that they are losing always because they can't control their emotion that's why I keep saying to my friends and relatives that they should be too careful with their every actions.
sr. member
Activity: 938
Merit: 256
December 09, 2019, 09:24:27 AM
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.

It's because the whales are watching people behaviors on the internet, when many people expect the price would pump they will dump it, and when people are predicting the price will down and take out their tradem the price pumped and the people will panic and doing FOMO and the whales are getting profits from there.
hero member
Activity: 1694
Merit: 502
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December 09, 2019, 09:18:57 AM
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.
newbie
Activity: 16
Merit: 0
November 09, 2019, 06:02:01 AM
To the question posed, I answered very simply that Bitcoin can fall in price only if the user loses interest in it and the situation will go to the death of Bitcoin.  I hope that this does not happen, but I want to say the following that if we want to have great prospects for Bitcoin in the future, then we need to act as a whole society in this direction, and not only treat Bitcoin as a profitable investment due to its volatility.  I believe that the future of Bitcoin primarily depends on improving its scalability, legalizing Bitcoin and stabilizing its price so that Bitcoin can be fully used as a means of payment.

Great points my friend!! you are right..... But unfortunately, Bitcoin was built on a more primitive block-chain technology so people are starting to view it as a good store of value and a good investment. In the future, It can act as the gold of all crypto currencies and all the other coins' value will be based on how they convert to Bitcoin. I believe that other coins are more well suited to be used as a day to day currency/payment instead of bitcoin because they are faster, have more scalability, can handle much higher traffic, etc. Bitcoin is a generation 1 Crypto Currency, while..... Cordano (ADA) is like generation 3. The newer coins will be more suitable.
hero member
Activity: 1274
Merit: 500
November 06, 2019, 08:47:52 PM
At the moment, in my opinion, the correction of bitcoin has not yet been completed. More precisely, there are no clear signals about the end of the correction. But that can change at any time. But if you consider investment, you can buy now.

That’s right we are buying bitcoin because it is volatile by nature it has the ability to increase and decrease so we can buy some bitcoins at low price then hold them with Patience and wait for it to get profit. Buying bitcoin gives me certainty about profit and I feel safe being with bitcoin even if I am holding for years I know it will end up making huge profit for me, so bitcoin is the best coin to buy.
In fact, Bitcoin is often the investment that is always held by investors in this market because anyone participating in the crypto market will buy Bitcoin first and that makes this coin very high value. Now Bitcoin is still the king of crypto market and all fluctuations of Bitcoin will affect all other altcoins. If you are considering long-term investment, then Bitcoin seems to be the safest option and can bring great profits if you tend to hold long-term.

I not sure about the future of this market but things will get better in the next few years because people are starting to know more about the existence of cryptocurrency and will attract a lot of new investment funds.
full member
Activity: 714
Merit: 104
November 06, 2019, 12:32:41 PM
To the question posed, I answered very simply that Bitcoin can fall in price only if the user loses interest in it and the situation will go to the death of Bitcoin.  I hope that this does not happen, but I want to say the following that if we want to have great prospects for Bitcoin in the future, then we need to act as a whole society in this direction, and not only treat Bitcoin as a profitable investment due to its volatility.  I believe that the future of Bitcoin primarily depends on improving its scalability, legalizing Bitcoin and stabilizing its price so that Bitcoin can be fully used as a means of payment.
newbie
Activity: 15
Merit: 0
November 06, 2019, 09:41:42 AM
Good point. I am definitely buying more Bitcoin. Bitcoin to 200k mofos!
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