Bitcoin has the ability to grow rapidly and over several years to make a millionaire out of a person, so many do not lose hope that everything will stabilize and the price will go up.
Bitcoin has got the highest growing potential as well the larger user base than other traditional currency. Also there are several real life incidents where people had become millionaires just through bitcoin. This makes the users hold bitcoin with trust and make their investment more valuable for the future.
Topic: Why people are holding Bitcoin? - page 113. (Read 58484 times)
Bitcoin has the ability to grow rapidly and over several years to make a millionaire out of a person, so many do not lose hope that everything will stabilize and the price will go up.
Bitcoin has got the highest growing potential as well the larger user base than other traditional currency. Also there are several real life incidents where people had become millionaires just through bitcoin. This makes the users hold bitcoin with trust and make their investment more valuable for the future.
Bitcoin value is continuously increasing. And, this is expected that its price will be reached to $500,000. This is the main reason, why people hold the Bitcoin, to enhance their wealth.
Certainly hope to get a profit, this is because almost all investments such as gold, stocks, property and so move slow and even down, the presence of bitcoin make many people suddenly so they continue to buy bitcoin.
Bitcoin fluctuates very quickly based on the psychology of the market and is popular with investors around the world. I think Bitcoin will have a higher price because people are leaning on more technology and in the future people will use Bitcoin in big deals. 
Bitcoin has the ability to grow rapidly and over several years to make a millionaire out of a person, so many do not lose hope that everything will stabilize and the price will go up.
Certainly hope to get a profit, this is because almost all investments such as gold, stocks, property and so move slow and even down, the presence of bitcoin make many people suddenly so they continue to buy bitcoin.
Yes people are holding bitcoin is to get profit. In any invesment made people are buying and selling bitcoin is to aim to get the return of investment. Even the downfall and uptrend of the bitcoin most people believe that btc will rise eventually. These are the reasons I think people are still into bitcoin until these days. 
Certainly hope to get a profit, this is because almost all investments such as gold, stocks, property and so move slow and even down, the presence of bitcoin make many people suddenly so they continue to buy bitcoin.
As the price increase has been taking place, the panic among the users has decreased to a greater extent and this gives a hope that nothing worse happen by the days of upcoming segwit implementation causing a split and generating a solution for the blocksize issue. Hope the increased selling in the past days too also a reason for the ongoing price increase crossing $2500 and now nearing $2800.
Each person must have a certain purpose in holding bitcoin. May want to wait for bitcoin prices to climb again and there is also holding bitcoin for future or there are other plans to use it, this is relatively happening surely to everyone. But i guess it's time to start getting as much bitcoin and sell it right now as the bitcoin prices start to climbing again.
Absolutely right. This is also why people are panicked its because they are much affected about the news and updates. They are worried because there are also issues and some bad news that other people keep on spreading in the comminity, like the other people also said that weak hands are always in big trouble when it comes to issues. As much as possible just keep ot calm.
Each person must have a certain purpose in holding bitcoin. May want to wait for bitcoin prices to climb again and there is also holding bitcoin for future or there are other plans to use it, this is relatively happening surely to everyone. But i guess it's time to start getting as much bitcoin and sell it right now as the bitcoin prices start to climbing again.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think the reason why they are still holding their bitcoins is they waiting for the increase value of bitcoin. We all know that bitcoins has the higher value than other crytocurrency and it is still increasing. But sometimes bitcoins is not always in a high value. 
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
based on what i see and red about bitcoin users they hold there bitcoin because they are waiting to it's to increase so they could be more satisfied from it's amount. we all know that bitcoin's price is not stable that's why people holds it before they sell it because they know there is still a chance that it's price could be much higher. 
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think they hold on to the fact that bitcoin value will always rise up from the fall. Every fall it get there will always a big comeback, and besides bitcoin is the pioneer of this industry, no one can ruined them a lot of people are trusting them. They do not want to make harm to their consumers. And with that we can both gain profit, bitcoins are getting higher their sales are getting bigger and our investments are getting higher. 
The most obvious answer is to try and turn a much larger profit than any other traditional investment could otherwise provide. It is almost getting to the point where people can really use it as a storage of value. With all the current network congestion, using as a form of every day currency is not as fluid as it was intended to be (hopefully this is solved in the coming months).
Others are using it as a hedge against fiat currencies that can be fiddled around with by governments.
Others are using it as a hedge against fiat currencies that can be fiddled around with by governments.
Because they will resist in a very critical situation?
And they hold for the future as well
And they hold for the future as well
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Yes, they are waiting for a miracle to happen. They want to have a lot of huge profits from keeping it.
people hold bitcoin becuase its going to moon eventually, it is the first, most trusted, and one of the most fairly distributed currencies. only a matter of time before the general public get in (probly now or soon)
My question is would you not hold BTC then? I mean look at the bitcoin market. The value is so unstable. However, nevertheless, it increases gradually. BTC worth less than $300 back in few years. However what about now? most of people who hold BTC see things in long term. That's why
Why people are holding Gold?
This, many people in the forum are not in bitcoin to get a short term gain, they are in because they want to score big, they do not want to earn a few hundred bucks and then sell they probably want to earn hundreds of thousands of dollars if not millions and that cannot be done by just holding a few months, people will need to hold for a very long time for that to happen to them. 
i think its because people know bitcoin price will reach high so they still hold until now no matter if the price is drop like yesterday. they are happy if the price is drop so they can buy more bitcoin and hold like the bitcoin amount they have. only people which is panic will selling their bitcoin after they see the price is down and i don't want to be like them.
bitcoin price is really worth for future so this is why people still hold it, they don't want to reach little profit and they expecting to make big profit in future. while they are waiting the price is up, they can do everything they want and maybe they can increase their bitcoin amount so in the end they really can make big money.
bitcoin price is really worth for future so this is why people still hold it, they don't want to reach little profit and they expecting to make big profit in future. while they are waiting the price is up, they can do everything they want and maybe they can increase their bitcoin amount so in the end they really can make big money.
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