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Topic: Why people are holding Bitcoin? - page 71. (Read 58467 times)

hero member
Activity: 2884
Merit: 794
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September 01, 2017, 04:18:12 PM
I guess some of us just don't trust banks and governments anymore and Bitcoin and its math seems a pretty good alternative to all these official liars that rob you smiling and saying that they do it for your safety.
This is one of main reasons to be in bitcoin, banks are too powerful and they can get away with anything since they can buy anyone they want so the only way to counter them is to have our own currency that they cannot print at will and that is  bitcoin.
full member
Activity: 209
Merit: 100
September 01, 2017, 01:44:43 PM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People like me more tend to hold because we believed that even the price of bitcoin is not stable and its fall right now time will come that it will be pump. Holding bitcoin for a long time was always worth it. It was proven already thats why we are still holding for it.
I can say that even though the price of bitcoin is unstable, sometimes it really gets low and sometimes it gets really high. People are willing to hold their coins because they are waiting for bitcoin price to pump. Everyone believes that time will come the price will rise up and the bitcoin users will benefit from it.
hero member
Activity: 2660
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September 01, 2017, 12:34:16 PM
If you know price of Bitcoin 3 months ago and saw the price of now then you can understand how increase Bitcoin price in day by day that's why people holding Bitcoin and when it's price is so high then sell by a better profit.
every one is in greed to be rich and wants to double or triple his or her investment. i think the reason is simple that every one want its price to shoot up like hell and they are just waiting for good time to sell their bitcoin and gain as much as they can from it and bitcoin is also promiving as we see its growth in last 2 to 3 months
Lol. You're so funny, you know? But I won't say we're all greedy just because we're all looking for a means, time or set of circumstances that makes it possible to for us to escape poverty/have a promising future investment  and bitcoin holds that power.
sr. member
Activity: 1162
Merit: 251
September 01, 2017, 10:00:06 AM
If you know price of Bitcoin 3 months ago and saw the price of now then you can understand how increase Bitcoin price in day by day that's why people holding Bitcoin and when it's price is so high then sell by a better profit.
I think not only 3 months but 2 years ago also, I see bitcoin prices go up 200%.
I'm sad because I didn't keep so many bitcoins at the time
it proves that bitcoin is a profitable investment for long-term or short-term investments. see in the time period a few months ago bitcoin price is still around $ 3000 and now the price has reached $ 5000. up almost 2-fold in just a few weeks. I think that already proves why bitcoin users hold their bitcoins Smiley
hero member
Activity: 1078
Merit: 501
September 01, 2017, 09:45:23 AM
People hold bitcoins to make their future secured because the rate of bitcoins is growing so it will definitely give you profit in future when its price is increased can sell it make millions. People new to market often avoid to take risk in investing due to lose.
Holding is safer than to invest it, but if you invest some of your bitcoin and invest it in the right path we can earn more bitcoin, we cannot grow if we can't do something else to earn more. but if you really wanted to be safe, better to save it than sorry.
full member
Activity: 392
Merit: 100
September 01, 2017, 09:10:36 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
It is just simple. Bitcoin users tend to hold into their bitcoin because by simply holding and saving your bitcoin you can already gain your profit that you can get ftom your initial bitcoin earning you have. Actually holding into bitcoin makes many benefits that people are attracted that makes them to be encourage and continuosly get engage into bitcoin cryptocurrency. Bitcoin's fast price hike make people to hold into their bitcoin because they are expecting of much larger opportunities and benefits it can provide.
member
Activity: 100
Merit: 10
September 01, 2017, 09:09:28 AM
People save bitcoins for future purpose. Bitcoin has a great future because the price of bitcoin now keep rising so in the future it will be very high. There is a possibility to gain more if you hold your bitcoin now and don’t spend it.
hero member
Activity: 994
Merit: 504
September 01, 2017, 07:59:35 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

I love bitcoin.well i think investor hold it fro a very simple reason because of the possibilities on how high it can go
 More people should look into this. Buy 1 bitcoin or whatever you can afford. Its been going up since the day it was created and will continue to do so far into the future.
member
Activity: 67
Merit: 10
September 01, 2017, 07:23:58 AM
People hold bitcoins to make their future secured because the rate of bitcoins is growing so it will definitely give you profit in future when its price is increased can sell it make millions. People new to market often avoid to take risk in investing due to lose.
hero member
Activity: 1610
Merit: 507
September 01, 2017, 06:43:22 AM
If you know price of Bitcoin 3 months ago and saw the price of now then you can understand how increase Bitcoin price in day by day that's why people holding Bitcoin and when it's price is so high then sell by a better profit.
I think not only 3 months but 2 years ago also, I see bitcoin prices go up 200%.
I'm sad because I didn't keep so many bitcoins at the time

i remember that in 2 years ago, bitcoin price is around $200-$500 and i am disappointed too that i am not buy. if i buy at least 1 bitcoin, i am sure that i can make big profit. but i think its not too late to earn more bitcoin now because the price will be increase and now will reach $5000 and even more. i hope later i can collect more bitcoin so when the price is high, i can sell to make profit  Grin
hero member
Activity: 1078
Merit: 501
September 01, 2017, 06:40:35 AM
Because many people want a high profit. Or maybe waiting for a much better high value of the bitcoin fo them to do not regret someday becuase bitcoin is volatile .becuase many people want to become a rich .
That's why a lot of people now are holding their bitcoins, because there are a story of a 12 years old boy who became rich because of holding bitcoin, and maybe if we hold our bitcoin for a long time, there is also a possibility that we can be rich in the future.
sr. member
Activity: 700
Merit: 251
September 01, 2017, 06:35:37 AM
one of the reason being volatility and mostly upward volatility. the bitcoin is touching new highs every year month week and now days. current value is 4750$ and its going to go wayy higher than this , this is what people (including me ) believe in bitcoin and they are holding and trying to accumulate more and more.
member
Activity: 207
Merit: 10
September 01, 2017, 06:01:48 AM
For them it has a good reason. And one of the reason or the main reason, is the VOLATILITY of bitcoin. Volatility is the sudden increase and decrease on the value on that one thing. A sudden increasing or decreasing of the value or price. That's the volatility. Some retailers or investors hold bitcoin for so long period of time, because that is their technique to earn and gain fiats. For example, I have .09125 BTC on my acc. I know that the price of bitcoin as of now is so low, so, I buy bitcoins to other seller with the low price. And when the time that my bitcoin or the bitcoin increase its value, i sell my bitcoins, for higher price. That's the cycle. And that's why some investors keeping them on a long period of time. That's only one of the reason
newbie
Activity: 30
Merit: 0
September 01, 2017, 05:47:15 AM
Because of the high potential increase of its value.
legendary
Activity: 2982
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September 01, 2017, 05:15:52 AM
I believe people are holding Bitcoin because they think that its price will go up fast and that they will benefit from it in the long term.  Aside from that they have a speculative mind that bitcoin will increase several times after the year pass by and is the best stor of value in the current era.
full member
Activity: 392
Merit: 100
September 01, 2017, 05:14:25 AM
I'm still holding it because of the fast growing price of bitcoin. I stop now in trading in altcoins and focus on bitcoin because i believe that i can earn much right now in bitcoin.
sr. member
Activity: 477
Merit: 501
September 01, 2017, 04:50:24 AM
If you know price of Bitcoin 3 months ago and saw the price of now then you can understand how increase Bitcoin price in day by day that's why people holding Bitcoin and when it's price is so high then sell by a better profit.
every one is in greed to be rich and wants to double or triple his or her investment. i think the reason is simple that every one want its price to shoot up like hell and they are just waiting for good time to sell their bitcoin and gain as much as they can from it and bitcoin is also promiving as we see its growth in last 2 to 3 months
hero member
Activity: 2660
Merit: 651
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September 01, 2017, 04:40:43 AM
People hold Bitcoin for the sole reason of making more profit. Why sell when the price continues growing exponentially? It makes no sense. Tongue
Yeah. Selling of one's bitcoin now despite the fact that the price go all time high currently make no sense and ever since I got into bitcoin what I learned is, whatever happen in the world of bitcoin always stay calm hold and never sell because bitcoin always get back to the top.
member
Activity: 168
Merit: 10
September 01, 2017, 04:36:18 AM
I think not only 3 months but 2 years ago also, I see bitcoin prices go up 200%.
I'm sad because I didn't keep so many bitcoins at the time

I feel you on this. I started my interest in Bitcoin when it was still at $800 and that was last year or two years ago but look at its price today. You will really feel sad if you didn't bought atleast one or didn't bought a lot. But don't worry it isn't late yet since I am sure it will still increase its value every year.
full member
Activity: 140
Merit: 100
September 01, 2017, 04:27:17 AM
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 they are still waiting for the time that the value of the bitcoin becomes higher and they are waiting so that their investment will grow and they can get the return on investment.
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