Topic: Why people are holding Bitcoin? - page 5. (Read 58484 times)
Because there is a limited supply of bitcoin. The price can only go up. never down...
The more people hold bitcoin, the more price rise we can have. When the new money enters to the markets, that money will only be able to buy the coins which are available on the exchanges.
If you don't list your coins on the exchanges, that money won't be able to buy your coins and he will pay someone else more money to get his coins. Now think about this on a bigger scale. Multiply the numbers by 100 or 1000.
For this particular situation we are in, that's the future simulation of all alts out there. If we can't successfully resolve the issues we have now, those exact issues will destroy the other alts either.
The moral of the story is; If you believe in bitcoin, just HODL!
If you don't list your coins on the exchanges, that money won't be able to buy your coins and he will pay someone else more money to get his coins. Now think about this on a bigger scale. Multiply the numbers by 100 or 1000.
For this particular situation we are in, that's the future simulation of all alts out there. If we can't successfully resolve the issues we have now, those exact issues will destroy the other alts either.
The moral of the story is; If you believe in bitcoin, just HODL!
I think people hold their bitcoin because they are waiting for its value to become more expensive. We all know that bitcoin increase its value day by day. People believes in the potential of bitcoin for upcoming years. They are waiting for the right time to invest their bitcoin.And they believe that the more they hold their bitcoin, the more profit they can get.
Because it's getting more and more popular, so it'll keep rising
I think the best reason behind why more people are still holding their bitcoin is they know that they can obtain more income in doing things such
thing. The value of bitcoin continuously fluctuates up in this kind of phenomena I think the best way to do the same thing what other people did.
thing. The value of bitcoin continuously fluctuates up in this kind of phenomena I think the best way to do the same thing what other people did.
The primary factor that drives/motivates people to keep holding is the belief that btc is gonna keep on rising. People just want to maximize the amount of potential profit that they could gain.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
for a higher value. we are holding a bitcoin because we want to reach our ideal value. if we cant reach that we would wait for it that's what we call hold.
For people living in areas where the economy is unstable, holding Bitcoin is far more profitable than holding conventional currency because Bitcoin is not affected by the currency inflation that exists in a given country
Look at the price, it's going up so fast while most people are skeptical about investing in it. They will know soon enough that investing requires effort.
People holding Bitcoin because her price increase nowadays and because it's so important to invest on bitcoin .
People hold bitcoin with the expectation of rise in the price/cost of it thereby with the sole purpose of gaining financially. In the recent past i.e. in the year 2017 the value of bitcoin has risen very high and most of the people expect the same in the years to come. My views are also the same that the value of the bitcoin will further rise but still there may be some negative results as market trends; investors' faith ; rise/fall in it's demand are certain factors which are also the deciding factors of rise or fall in the value of bitcoin. But people are still bullish with the hope that upward journey in the value of the coin will continue in the year to come i.e. in the year 2018 and they will earn more profit from it this is the reason they are holding it.
While we are in the mass adoption phase now, we have not yet reached the potential of bitcoin. While bitcoin is not the latest technology and many great projects are coming on the blockchain, like faster transaction, smart contracts, decentralized storage etc. whatever. Bitcoin is the gateway from fiat currency to crypto. It's only a few cryptocurrencies trading for fiat directly, while with bitcoin you can buy anything, it has value because almost anyone will take it as a payment option now on any place in the world. There's yet a long way to go for the bitcoin in the world, so you only lose when you sell 
Patience is very important in trading...Holding bitcoins for long time is the best way of making profit...
Well if you are not patient enough, you might regret it in the end. Patience is the most important characteristics a trader must have also knowledge and skill. And yeah I agree that holding bitcoin is the best way of making a profit but the people are depending on it very bad, very bad that they are enjoying the price pumps but they are not using that profit but just hold it and just be happy with the pumps.
The Satoshi Revolution :
Central Bank-Issued Digital Currency (CBDC) is a national currency that issues from a central bank. It is the crypto counterpart to a physical currency, such as the U.S. dollar. It is also a bitter irony. A monetary wildcat (crypto) meant to undermine the world’s financial system (central banks) is being caged and tamed to serve the status quo. At least, the status quo is trying.
More information: https://news.bitcoin.com/the-satoshi-revolution-chapter-3-do-you-want-a-government-fiat-crypto-part-4/
Central Bank-Issued Digital Currency (CBDC) is a national currency that issues from a central bank. It is the crypto counterpart to a physical currency, such as the U.S. dollar. It is also a bitter irony. A monetary wildcat (crypto) meant to undermine the world’s financial system (central banks) is being caged and tamed to serve the status quo. At least, the status quo is trying.
More information: https://news.bitcoin.com/the-satoshi-revolution-chapter-3-do-you-want-a-government-fiat-crypto-part-4/
Patience is very important in trading...Holding bitcoins for long time is the best way of making profit...
For people living in areas where the economy is unstable, holding Bitcoin is far more profitable than holding conventional currency because Bitcoin is not affected by the currency inflation that exists in a given country
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding Bitcoin because Bitcoin has positive trending and the prices keep raising from time to time and we are all aiming for better profit so we are holding for long term purposes. The more bitcoin you hold the more profits you will reap.
People holding the bitcoin I think bitcoin is fine investment for the higher because i understand bitcoin after the split issue many bitcoin holder are signal but now after the situation the bitcoin yet in sound as decentralized currencies in alt-coin cryptocurrencies, appropriately nothing cause problems to holding the bitcoin as in the disaffect along investment.
People holding a bitcoin because of the future because people thinking in the coming years bitcoin will be high pricing and investing for the good and need someday for the future.
People holding the bitcoin I think bitcoin is fine investment for the higher because i understand bitcoin after the split issue many bitcoin holder are signal but now after the situation the bitcoin yet in sound as decentralized currencies in alt-coin cryptocurrencies, appropriately nothing cause problems to holding the bitcoin as in the disaffect along investment.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Keeping or holding bitcoin is much better that using this for useless thing its more good to hold it because the value og bitcoin us unstoppable it can increase a lot just a month so ithink it will become more popular in the next year. 
Many people keep bitcoin right now I think it's because of the bitcoin value. They expect the value to reach the highest level. Because bitcoin has limits on quantity, so its value will be high in the near future. Many people also keep bitcoin for their child's future. Bitcoins are very useful for the future
In my opinion, people are holding their Bitcoins because of its potential. They believe that bitcoin will increase its value in the next couple of years. If you will see the graph of the value of bitcoin, it is increasing. That is why people really believe that bitcoin has a potential. Even John Mcafee believe that bitcoin will hit 1,000,000 $ in 2020.
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