I hold btc because I strongly believe it's going up. Didn't buy drugs with it yet but it's not out of my plans
I have no clue what it means. But I do now why I hold bitcoin. For me it is being part f something big. Something historic. In time we will see how big bitcoin is, but for me it is already big. Just hoping for it to progress like it did, so one day it will be embedded.
Well im one of the people too because of i always thinking that you invest bitcoin right now and hold it for the future instances then it could make you earn a ton of profits out of it because now lot of people are investing and using bitcoin and bitcoin is getting famous all over the world.
People are expecting higher price in future and so they are investing their money in it at a moment but there is no assurance that price will go high in future and if it doesn't then it would be a great loss for all of us.
although there are no guarantees, but the people believe and keep putting their money on bitcoin to wait for higher prices in the future. because most people believe it will grow big. we can see examples of bitcoin few years ago, it was a very high increase from year to year. although after 2013 the price fall and it is likely the price will come back as the year 2013 in the future.