Why people are holding Bitcoin? - page 7.

KingOfWinterfell01

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Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

They're waiting for the right time to sell their bitcoins. Maybe the price now is to low to sell their bitcoins and selling it now would be a loss on their side. So holding until the price is right is only logical. Another reason is that I think they don't have any reason to sell these bitcoins. They don't have a need to sell bitcoins.

DRAWDE_3691

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Decentralized Escrow currency for Crypto world

Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Same reason as others, waiting for the right time and that will be when the price of the bitcoin is at its highest. Another reason is that holding it alone is already a profit, as bitcoin grows, the investment they have grows earning profit.

Satish147

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Harmony for One and All

Everyone holding bitcoin because still bitcoin have to capture lot of users and it is happening now but the quantity of Bitcoin is limited as everybody knows about it.

ongels

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Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

The good reason is that bitcoin price is indefinite, sometimes it pumps and sometimes it pumps down but the most things happen to btc is that it keeps moving up and break its record over and over again, While the time is running the value also keeps pumping. Wink

Litzki1990

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Quote from: Man From The Future on December 14, 2017, 02:20:38 PM

The main reason why people holding their bitcoins is definitely to gain a super profit. If you one of those who has been holding your bitcoin since this question appeared, then now you are rich because today bitcoin costs very high.

That's the reason i'm always wanted to know on why they holding bitcoin, Because they waiting on when the bitcoin will going to increase the bitcoin so they can gain some profit from bitcoin.

JuanxBrowngi

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Most people hold bitcoin, of course, to get more money. This is understandable
Even if the price falls, I think there's still a lot of investment, which continues to hold, because bitcoin is the best investment for a while. Other investments are hard to compete with bitcoin.

GreatFelix

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Quote from: tamsak21 on December 15, 2017, 03:05:37 AM

I think people are still holding onto bitcoin is because the bitcoin price is still unstable. I think they are waiting for the price of bitcoin to be stable.

That will take some serious time. I think that the price will be unstable for an extrem long period of time lying ahead. Basically I can't imagine the price at a stable level in the next 5 years. There is still a long way up to the million. Grin

tamsak21

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I think people are still holding onto bitcoin is because the bitcoin price is still unstable. I think they are waiting for the price of bitcoin to be stable.

btccointalk

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Because people know that it is a modern digital currency and it is going to reach sky in coming future....if they invest now they will get double triples of it in future ...which is why everybody wants to hold bitcoin.

Treshkilling

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People , mainly investors, are waiting because they understand the situation on the market , follow the news and don't want to miss the chance to increase their capital at times

campica

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People holding bitcoins with two reason. First reason is that they wait for bigger price (someone for 6 digit number) so they will get more profit when will sell it. Second reason is they waiting when will be able to spend bitcoins in store like we do with fiat now. I'm holding in because I'm waiting that our country government solve the tax about bitcoins.

BADecker

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Why people are holding Bitcoin?

Because they are waiting for the time that they can spend Bitcoin at any store just like they do fiat now.

Cool

Man From The Future

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The main reason why people holding their bitcoins is definitely to gain a super profit. If you one of those who has been holding your bitcoin since this question appeared, then now you are rich because today bitcoin costs very high.

Bitcoin_Delivery

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Investment and in case of hardfork is the reason someone holds bitcoin and is not tempted to sell their bitcoin. now it may have a lot to but still menyimpanya

moli1

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Interesting News:
A man has appeared in a New York court charged with robbing an acquaintance of his cryptocurrency hoard. Louis Meza allegedly had a gunman point a pistol at his friend’s head after luring him into a minivan and persuading him to part with his wallet seed. The offense, which is reported to have taken place on November 4, netted $1.8 million in cryptocurrency.
More Information:
https://news.bitcoin.com/man-allegedly-kidnaps-friend-gunpoint-steals-1-8m-cryptocurrency/

malika

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Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

People do hold bitcoins because with the rapid increase in price they wanted to earn more profit with their investmens. People now a days are trying to research and know how invest in bitcoin and now the community are getting bigger and the demand as well. So thats why the bitcoin price value is increasing.

Flame-

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People are holding bitcoins because they have faith in its potential and they have a feeling that bitcoin can make them super rich in future as if you look at the history of bitcoins then you will clearly notice that price has always gone in higher direction since its inception and since the beginning of this year we have seen price moving in positive direction so people have faith that it will go much higher in next few years.

Mrjitter

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Probably people keep it to pop a big profit than now they will have at the moment, at least I do so and other obvious reasons I do not notice

thenameisjay

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Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Simply because when you hold longer, you'll eventually gain more value for your bitcoins. More value = more profit. If immediately sell your bitcoins at first sight of profit, then you'll never get the maximum profit of each bitcoin. So holding and selling it on the correct price allows you to get the best amount of bitcoins.

redhondaxrm125

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Quote from: Mjeramirez on December 14, 2017, 05:47:35 AM

People are holding bitcoin beacause it makes a good profit. If you held some bitcoins a few months ago, its value would have increase multiple times. People are just taking advantage of the current opportunity to grow their money, and the rewards outweigh the risk.

I totally agree. This is true most of the time. Which is pretty sad if you ask me. Since most of the people get into the crypto world because of the profit and not because of the solution it gives to various problems in this world. Which is why a lot does not know and doesn't even bother learning about how it works. This then results into people loosing money into scams, ponzis or being hacked. And then these people go and spit out shitty things about the crypto world because of their bad experiences being in it due to their carelessness and stupidity.

This happens everyday and is truly undeniable.
Unless people see crypto as something innovative and not just a mere source of profit, things will never change.

Topic: Why people are holding Bitcoin? - page 7. (Read 58484 times)