Topic: Why people are holding Bitcoin? - page 20. (Read 58522 times)
Well it is true that holding Bitcoin will give you a good investment. Because of the law of supply and demand, more users means more price increase. This is why most of the people are buying and holding Bitcoin. But the very essence of holding Bitcoin is the hope that one day businesses will accept Bitcoin as payment.
People are holding Bitcoin for some reasons like to earn more profit from Bitcoin.I think it is time to buy bitcoin or invest on it.Because, the price of Bitcoin is really increasing continuously. Generally, people want to earn much money and Bitcoin is the best platform to do this.So we can say about this statement that people are holding money for earn more.
I think it is because they want to have much profit from bitcoin. many people nowadays investing their money in bitcoin, they're trusting bitcoin because they know that they will get profit that is greater value than the value they invested. Also, it is the wise thing to do.
it is natural that the growth of interest in bitcoin will increase its price...people understand this and therefore hold it to get even greater profits
Because of interest of people for bitcoin, everyday interest for btc is rising and this interest will be reason for increasing of price.
Because bitcoin is easy to add value, compared to other property, it is easier to store, the transaction is more convenient and quick. Bitcoin is the electronic gold in twenty-first Century.
To get some profit in bitcoin, as you can see in the market bitcoin rises very high in this year and I guess no one was expecting it to rise too much even the price falls bitcoin will rise again and overtakes the previous all time high price
people holding bitcoin because they wants to get much profit from bitcoin. because we know that the price of bitcoin always increase every month every year. so people holding their bitcoin. and also i see the future in bitcoin. i think bitcoin will survive more than 10 years again. so people like to hold it.
They are holding it because it is the best thing to do, holding your bitcoin is more profitable than investing your money into the bank, the profits that you could make a year in the bank when you invested some money is smaller because you could make bigger profits on holding your bitcoin in just a few months. Holding your bitcoin means that you are a person who have patient and waiting for the right time where you could harvest what you have planted.
That way, you could have the best harvest because the time that you have spent on waiting became the key to your huge success.
people holding bitcoin because they wants to get much profit from bitcoin. because we know that the price of bitcoin always increase every month every year. so people holding their bitcoin. and also i see the future in bitcoin. i think bitcoin will survive more than 10 years again. so people like to hold it.
They are holding bitcoin for one reason,the price's rising with time. Bitcoin price is expected to increase and going to moon within the few years. I guess 2018 is btc rising very highly like this month!! I guess 2018 in first month btc touch 12k
People holding Bitcoin because they get the needed things in their home and their families.the other are need to do things that they can make their own self happy.like a bill in the house and the other things.
It is better to hold bitcoins than USD in you pocket )
Anyway it is growing, so you can just put you money in bitcoin and know that you have them. So, first - you will not spend them, and second - its exchange rate will not decrease by inflation.
But, anyway you should check btc rates, and so you can also become a trader. When btc is start to fall you can sell it - and when it start to raise you can buy it)
So, people have their own interests of holding btc. Somebody just for fun - somebody for business.
Anyway it is growing, so you can just put you money in bitcoin and know that you have them. So, first - you will not spend them, and second - its exchange rate will not decrease by inflation.
But, anyway you should check btc rates, and so you can also become a trader. When btc is start to fall you can sell it - and when it start to raise you can buy it)
So, people have their own interests of holding btc. Somebody just for fun - somebody for business.
They hold Bitcoin because they believe its value. They believe it will go up and give them profit. And it is right
That is very true because as you can see in the market of bitcoin that it keeps going up and even there are some FUDs then it will be just for a short time and the price will go up again and i think that is why they are keep having a strong faith in bitcoin because they know that they can make money in bitcoin not only a few but a lot.
They hold Bitcoin because they believe its value. They believe it will go up and give them profit. And it is right
People hold their bitcoin because they know that bitcoin can give them a good profit even sometime the price decrease but in the next day it will increase and more than the price of how much they decrease.
It will be quite difficult to convince anyone to sell their coins now, especially when the prices are going up so much. Just 7-8 days back, the exchange rates were hovering at the sub-7,000 mark. Now it is inching closer to $8.5K. Those who invested in BTC in 2015 are the luckiest ones. Their $200 investment is now worth $10,000 (BTC + BCH = BTG).
I'm truly hoping that the fees can be brought down again somewhere near where they used to be, and hopefully the network will be able to handle more transactions at the same time as well.
I think bitcoin has become such a great store of value mainly because of it's early success as a currency. If people stop transacting with it and just hold it altogether...I don't think that is necessarily good for bitcoin long term.
Not trying to spread FUD as I am a long term Bitcoiner...just making an observation
that's what make some people trying to fork bitcoin , increase the block size so the fee could be more cheaper lower than what currently happening , it's really make us to think that bitcoin are not fit anymore as a currency that have to spend in daily basis due high fee problem make things are not worth. i personally afraid about what happening nowadays where people keep buying but just hold it on. I think bitcoin has become such a great store of value mainly because of it's early success as a currency. If people stop transacting with it and just hold it altogether...I don't think that is necessarily good for bitcoin long term.
Not trying to spread FUD as I am a long term Bitcoiner...just making an observation
Maybe because its going to be super expensive in future. So, its better to buy now and save for future.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They are waiting for bitcoin price to rise up, its price is getting higher everyday so if they hold bitcoin now, thier investments can earn a huge amount of money. What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They are waiting for bitcoin price to rise up, its price is getting higher everyday so if they hold bitcoin now, thier investments can earn a huge amount of money. Jump to: