Why people are holding Bitcoin? - page 75.

noictib

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Quote from: treather on August 29, 2017, 08:43:58 AM

People hold for different reasons, the most likely would be as an investment, with the hope of making good profits in the near future.

Yeah , this is a big truth in thr bitcoin market that people are making buying daily and holding in much amount that they can .
The reason is simple . Most of the people who are in this field were not aware from such type of things but after the getting success in the increase in the price of the bitcoin , many people get attracted toward such things , because the main reason is that everything knows that price of the bitcoin will continuously in the future because of getting down in the supply rapidly .
Well when i was wity the work of bitcoin then at that time its price was about 200-250$ and i was not thinking about this to get up because the main reason was of the understanding ( that i didn't have at that time ) but when it continuously get rise then i told about this thing to many people in my society and they also started to make investment .
So this is the continuously increase in the price of the bitcoin that is making us greedy for the investment in bitcoin .

treather

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People hold for different reasons, the most likely would be as an investment, with the hope of making good profits in the near future.

DevilSlayer

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

The answer is so simple. All of us are holding bitcoins because we all know that the value of the bitcoin continuing to rise up and if we sell it in the future for sure we can earn big amount of profit. Holding bitcoin is really important.

uztre29

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Because the value of bitcoin is rising. If it continues to rise, their money will multiply so easy. It's just a matter of patience. Holding bitcoin will make you rich. Bitcoin's popularity is rising these days that's why bitcoin's value is increasing too. Number of companies or businesses accepting bitcoin are increasing. Thus, people used that situation as an advantage.

sotoshihero

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Quote from: BAGOBO on August 28, 2017, 11:21:50 PM

Quote from: FrozenByte on August 28, 2017, 10:59:16 PM

People hold onto Bitcoin in hopes that it rises in value which will give them a larger profit.

obviously, everyone is holding Bitcoin because they expect Bitcoin to have a higher price and they know Bitcoin's future will be bright.

This is most of the reasons of holders. Because Bitcoin really appreciates through time and we witness it several years and months had past. Most people are holding it, because they consider bitcoin as an asset.

BAGOBO

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Quote from: FrozenByte on August 28, 2017, 10:59:16 PM

People hold onto Bitcoin in hopes that it rises in value which will give them a larger profit.

obviously, everyone is holding Bitcoin because they expect Bitcoin to have a higher price and they know Bitcoin's future will be bright.

FrozenByte

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People hold onto Bitcoin in hopes that it rises in value which will give them a larger profit.

Mysterious01

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In my case I am holding bitcoin for the reason that I really believe that bitcoin will become more profitable in the near future.

DonPakito

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

I think why people holding their bitcoin because they are waiting the increase of value of bitcoins or inflation. From the word infaltion means is a sustaine increase to the general level of prices for goods and services then the value of dollars is increasing and the currency thats why they hold their bitcoin for future. And they hold their bitcoin for saving and for other expences.

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Quote from: szpalata on August 28, 2017, 10:15:09 PM

Quote from: steampunkz on August 28, 2017, 08:12:51 PM

For me, i hold and store bitcoins for some future uses like when im out of allowance or money, i can easily widraw bitcoin in fiat currecny also im using 3rd wallet site because it has many feature like prepaid load, game credits, paying bills, shopping online etc. Another reason i store bitcoin is its price thats has been increasing now, so tthats a good reason to store btc.

That is true we are all holding for the future because we believe itsprices will rise and elevate us into an elite class of rich people. I'm confident my savings wouldn't be fruitless and I think there are similar like minded people all over the world.

most of the goals people hold, or investing in bitcoin are just for big claws. Although that is in a long time. but, I guess that's not something easy to hold the bitcoin we have. but, so many do, even a company.

Asyifiah

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If you have question for us , why we hold BTC And now I have more question for you , do you have gold and do you hold itu for the future ?
Thats my answer about your question.

haji lulung

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People are holding their bitcoin because they feel safe by saving their assets in bitcoin. And may be people wait when the value of bitcoin raise up more so they will get more benefits.

szpalata

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Quote from: steampunkz on August 28, 2017, 08:12:51 PM

For me, i hold and store bitcoins for some future uses like when im out of allowance or money, i can easily widraw bitcoin in fiat currecny also im using 3rd wallet site because it has many feature like prepaid load, game credits, paying bills, shopping online etc. Another reason i store bitcoin is its price thats has been increasing now, so tthats a good reason to store btc.

That is true we are all holding for the future because we believe itsprices will rise and elevate us into an elite class of rich people. I'm confident my savings wouldn't be fruitless and I think there are similar like minded people all over the world.

mostkey

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Quote from: fearcoka on August 17, 2017, 12:10:45 PM

Quote from: mostkey on August 17, 2017, 11:33:17 AM

Quote from: rarkenin on August 13, 2017, 04:56:06 PM

Quote from: mostkey on August 13, 2017, 04:30:14 PM

Quote from: Rinder on August 12, 2017, 08:29:23 AM

Bitcoin has becamed a digital gold, soo the question is why would you sell something that you believe and know that can grow more over time, soo it does make sense to save your coins, unless you need money i wouldnt moove any coin till 2020, where for some people will be enought and will left crypto investment rich, or with a lot money to use.

I believe that in the coming 2020s will make bitcoin prices very expensive. And maybe for those of us who hold bitcoin in large quantities will be a millionaire in 2020

For 2017 it is too late to buy and hold large bitcoin quantity. Because price is more than 4000$ and it will not exceed 6000$ for current year imo.

Well, I think nobody is too late to buy bitcoin, because bitcoin always increases in faithful years, it always happens and has been reflected in every year

Haha, but you know Bitcoin in past time maybe in last year and skip it, you will very regret why in past time you don't buy Bitcoin Grin

? This is the reason make many people want holding Bitcoin for long term and enjoy profit.

yes I am very aware of that, but I was not interested in digital currency yet and right I now feel sorry to have missed it and for now i i was trying to collect as much bitcoin as I can, for my savings in the futur

coinholic

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

People are holding on to Bitcoin basically because of 2 factors. First, its value trend today is more of rising than falling. It may fall a bit, but the rise afterwards would have a more significant value. So as per trend, it would be more practical to hold on to your Bitcoin for a bit longer until such time you think it has reached its peak. Second, Satoshi gave Bitcoin a 20-year life span if you will..Now it has been barely 8 years since its creation and we still have about 12 years to go with Bitcoin. A lot will happen in that 12 years! Most probably a continuous rise in Bitcoin value..And this I think is the reason why many are keeping their Bitcoins so that when that time comes when it reaches its peak , it will be the time when many will be rejoicing!

steampunkz

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For me, i hold and store bitcoins for some future uses like when im out of allowance or money, i can easily widraw bitcoin in fiat currecny also im using 3rd wallet site because it has many feature like prepaid load, game credits, paying bills, shopping online etc. Another reason i store bitcoin is its price thats has been increasing now, so tthats a good reason to store btc.

Malamok101

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Its much better to hold on your bitcoin the price of bitcoin is $4190. growing ang growing stock now and dont waste in investment scams.

Vaskiy

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Quote from: Vikingr on August 28, 2017, 06:18:46 PM

Quote from: ?? on ??

People holding bitcoin because bitcoin price is increase day by day

Well this is the one of the main fact but let me add some more facts which made people to hold their bitcoins. Some people just want more bitcoin, they did not yet effected by price or think of profit, they just gather bitcoin because they know that bitcoin is the future and they have to make for life without worrying from price fluctuation.

The price that varying with Time is the one that makes people to keep hold of bitcoin. Even now if you go through the price growth happening, it was just around $4300-$4350, and now this has been getting closer to $4400. Though the growth is small, periodically a change can be experienced which keeps the people in active holding of bitcoin and get the best outcome.

batang_bitcoin

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Quote from: DAVETUN on August 28, 2017, 06:44:26 PM

Base on speculations that 1BTC= $7000 by the end of 2017, lot of people don;t want to miss out of that offer and also BTC is a form of investment, you dont trade all your investment portfolio at a time,so it a wise decision to keep and trade with what you have.

Really $7,000 before the end of this year? Wow man that was a goosebumps to me though I'm only expecting that the price will be good at $5,000 for this year and that price can possibly happen on 2018. Whatever will be the price of bitcoin at the end of this year, people are holding because we are expecting some more pumps.

DAVETUN

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Bitcoin is the currency of this age

Base on speculations that 1BTC= $7000 by the end of 2017, lot of people don;t want to miss out of that offer and also BTC is a form of investment, you dont trade all your investment portfolio at a time,so it a wise decision to keep and trade with what you have.

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