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Topic: Why people are still buying Bitcoin? - page 2. (Read 3028 times)

jr. member
Activity: 56
Merit: 3
ONNI COIN! The New Paradigm!
June 01, 2018, 10:05:39 PM
People who bought Bitcoin when the price was £500 are in 'jubilation' because the price went up by more than 10 times, when we consider the current price of about £5000.

At the last quarter of 2017, the price of Bitcoin went up to around £12000. From analysis, people have come to the conclusion that such a peak price fluctuation is possible and was actually attained. So people who continue to buy at the current rate believe that Bitcoin is likely to go up by 3 to 10 times or even more. They anticipate to be in 'jubilation' in the same way as people who bought Bitcoin when the price was £500. It is highly speculative but may come true. It important to note that the factors and players involved in Bitcoin today are not very much same as when it was £500.
member
Activity: 238
Merit: 10
June 01, 2018, 06:33:50 PM
Easy to understand. there are many people have gotten profit when hold BTC from 2008. So, the new comers also wanna earn money when holding BTC
A lot of people is still buying bitcoin because they know that bitcoin can help them to became very profitable and to be really successful here in crypto and tha value of bitcoin can really became high because it is the best cryptocurrency.
Many people still look at record prices early this year and are still thinking of going higher.
full member
Activity: 392
Merit: 100
June 01, 2018, 06:23:39 PM
Easy to understand. there are many people have gotten profit when hold BTC from 2008. So, the new comers also wanna earn money when holding BTC
A lot of people is still buying bitcoin because they know that bitcoin can help them to became very profitable and to be really successful here in crypto and tha value of bitcoin can really became high because it is the best cryptocurrency.
full member
Activity: 457
Merit: 100
June 01, 2018, 06:14:52 PM
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
many investors are convinced and believe in bitcoin so they are still buying bitcoin despite the low selling price it seems to me
hero member
Activity: 1834
Merit: 523
June 01, 2018, 06:12:01 PM
A lot of people are still buying right now because they believe bitcoin increase again. Even the price is very high they will get some profit but if you invest big invetment your money that possible you get is very high like double upto fifth your money it depends how much the price of the bitcoin.
member
Activity: 266
Merit: 32
June 01, 2018, 06:06:43 PM
People are still buying Bitcoin for profit because Bitcoin price is now low $7500. It may cross $10k very soon. So profit is the main object for buying Bitcoin now.

Youtube pays some $2 for every 2000 views to the youtube videos. Gambling does not run world economy.
full member
Activity: 384
Merit: 100
June 01, 2018, 04:38:23 PM
Because they believe that there will be an increase in bitcoin in the future. So now people are still enthusiastic to buy bitcoin. Perhaps this is called investing for the future. I also still buy and believe that bitcoin will increase in the future.
full member
Activity: 406
Merit: 110
June 01, 2018, 04:32:46 PM
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

People are still buying bitcoin because They have got alot benefit from bitcoin, They believe the market will rise soon and they bitcoin is the best long term investment.
We are still buying bitcoin because it is not yet too late and it is not obsolete to do so, so why would we need to worry in buying it, people are just screaming when the price goes down, but it should be not since we should know the nature of bitcoin and how it works.
newbie
Activity: 101
Merit: 0
June 01, 2018, 04:23:32 PM
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

People are still buying bitcoin because They have got alot benefit from bitcoin, They believe the market will rise soon and they bitcoin is the best long term investment.
member
Activity: 137
Merit: 10
June 01, 2018, 04:21:56 PM
People are still buying bitcoin for the prosper in near future in the economic marketplace where the market totally depends on the cryptocurrency as like as bitcoin. So the people who are desiring about the future about the crypto prosper so that they can earn so many assets from the system of the cryptocurrency storing and holding at their own business or belongs to for a long while.
jr. member
Activity: 239
Merit: 1
June 01, 2018, 03:33:51 PM
They are think bitcoin did not to reach real value and  everybody hope to rich in future thats a train nobody catch to it .
full member
Activity: 608
Merit: 100
June 01, 2018, 03:29:07 PM
the bitcoin price fluctuation is very fast, every time the price changes. they buy bitcoin because they hope to make a profit quickly. unlike gold or silver, which has very slow fluctuations. For bitcoin, I think the $ 16000 price does not take 5 years, if it is calculated from the peak price of the end of 2017. so many people believe bitcoin can be fast and big profitable.
full member
Activity: 588
Merit: 100
June 01, 2018, 03:25:33 PM
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

People are still buying bitcoin because of expectations that bitcoin will reach until $100000 .And lm one of them trying to fulfil my goal in life. I can do this through forcing myself in to business from my income in bitcoin. So that l have a stable income for my kids.
newbie
Activity: 60
Merit: 0
June 01, 2018, 03:11:55 PM
Some people see the value in Bitcoin, supply and demand.
newbie
Activity: 169
Merit: 0
June 01, 2018, 02:55:04 PM
Because Bitcoin is now becoming popular in investing, that will give us a big advantage if using it patiently and thoroughly. The investment from Bitcoin is also the future of our savings facilities as well as capital for the days ahead of us to be better, and also successful.
newbie
Activity: 1
Merit: 0
June 01, 2018, 02:46:46 PM
Bitcoin boom has already passed. Now on the market are only those who appreciate the crypto or trading.
newbie
Activity: 22
Merit: 0
June 01, 2018, 02:44:16 PM
Because BTC not realise full potential of yourself. And now it's best time for BUY because price getting low... not for long... Wink
full member
Activity: 560
Merit: 104
Eloncoin.org - Mars, here we come!
June 01, 2018, 02:34:22 PM
Many people's are still buying bitcoin because their are know at this time bitcoin price getting low so, their are buy bitcoin at this present then one day their are earn huge profit. so, you should try to buy bitcoin now then one day you will earn huge profit  Smiley
newbie
Activity: 196
Merit: 0
June 01, 2018, 01:27:11 PM
People buy bitcoin simply becos of the future profit, many people already got it loss their money year 2018. I think now the best time to be the bitcoin holder. if you can buy bitcoin now and still hold it, definitely you will get more profit.
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