Topic: Why is Bitcoin membership growing very fast - page 4. (Read 598 times)
It's ownership. Not membership.
@OP it is quite simple because there are people willing to compete with the price of Bitcoin just to own it. We all know that in a free market, price is dictated by the demand. If the price in continuously increasing, it simply means that there are more and more people willing to spend their money to have Bitcoin.
The reason behind why people wanted to acquire Bitcoin varies from person to person but most of them are hoping that they will get a huge profit from holding it for years and sell it at their target price. Others find Bitcoin the idea that holding it makes them control their own wealth far from the prying eyes of the government and so on.
The reason behind why people wanted to acquire Bitcoin varies from person to person but most of them are hoping that they will get a huge profit from holding it for years and sell it at their target price. Others find Bitcoin the idea that holding it makes them control their own wealth far from the prying eyes of the government and so on.
So basically, your choice of words in the title is quite misleading because it has really no connection to the content.
Well, OP when such question is asked again I hope you will know something better to say than the above. bitcoin is not just a crypto currency it's a paradigm and the root to other cryptocurrencies that exist out there. so having to invest in bitcoin gives one the edge of confidence that their money is safe even though safety depends on your capacity to safe guard your wallet.
You should say something simple like bitcoin is far better than other cryptocurrencies because it's the king and can't disappear like other coins, other coins are shitty compared to bitcoin so you're friends can have a clue that bitcoin is a safe investment and a better currency.
Well, OP when such question is asked again I hope you will know something better to say than the above. bitcoin is not just a crypto currency it's a paradigm and the root to other cryptocurrencies that exist out there. so having to invest in bitcoin gives one the edge of confidence that their money is safe even though safety depends on your capacity to safe guard your wallet.
You should say something simple like bitcoin is far better than other cryptocurrencies because it's the king and can't disappear like other coins, other coins are shitty compared to bitcoin so you're friends can have a clue that bitcoin is a safe investment and a better currency.
I was having a conversation with my friends about crypto currencies and they asked me a question about why Bitcoin price is very expensive and people are still investing in it but other altcoins are still low but people are having a double mind to invest in it.
I didn't talk much I told them that, that was how it was with Bitcoin when it started but deep down me I wanted to give them more reasons but I was short of words so I guess my people here still have something more to say so I would love to hear from you so I can tell them when this topic arise again.
I didn't talk much I told them that, that was how it was with Bitcoin when it started but deep down me I wanted to give them more reasons but I was short of words so I guess my people here still have something more to say so I would love to hear from you so I can tell them when this topic arise again.
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