Why people are still buying Bitcoin? - page 27.

Raja_Salman

sr. member

Activity: 511

Merit: 250

Quote from: First77 on May 28, 2018, 04:25:11 AM

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.

maybe I think people buy and store bitcoin as an investment I think the investor has other thoughts, if I personally bitcoin I think the currency using technological advances and the development of my time to invest because bitcoin will be a currency that will develop later I am sure of it

Matercat

newbie

Activity: 31

Merit: 0

Bitcoin is still one of the best coins there is in the market ,still at the top of the market with the highest market cap and vlue, the coin i currently taking a dip, and low in valuation but those who know better knows that it will regain its value with time

doroshok2

jr. member

Activity: 175

Merit: 1

W12 – Blockchain protocol

People still buy the Bank for one reason, they believe in it. Bitcoin will grow, and for many it is an easy way to earn, accompanied by certain risks.

Hotrod_88

full member

Activity: 420

Merit: 100

Quote from: hdtqisg on May 28, 2018, 04:29:09 AM

Everybody, including me, is saying that investing in bitcoin will get a profit! At present, there are many ICOs projects, so many opportunities to make a profit! I always hope to be successful!

Indeed! Also, when you buy a bitcoin and hold it until you can. I mean, not selling it or trading it to different purposes. You might get 3x of the bitcoin price today , in the future. Way back 2015 or 2016 as far as i know. Bitcoin suddenly boom! Imagine like buying a bitcoin cost 200k and then after a year 1 bitcoin cost 800k or 1m. How cool is that? It is risky but. It is indeed worth it.

kittle33

newbie

Activity: 9

Merit: 0

Quote from: bitcoinskyrocket09 on May 28, 2018, 05:53:04 AM

Quote from: First77 on May 28, 2018, 04:25:11 AM

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.

I think it is because many people still wanted to earn from investing in bitcoins. It is also an opportunity to easily earn money and especially during times when bitcoin price starts to go up after it has fallen down low. And people also want to just hold longer their bitcoins then wait for it will go up again though it would take so much time.

Maybe because they want to invest and to earn money a lot.

Jendral Istimewa

full member

Activity: 330

Merit: 102

Quote from: tatvuong7 on May 29, 2018, 08:02:43 PM

Because you never know what will happen in the near future and Bitcoin is still one of the best coins there is in the market

in need of confidence, in investing in bitcoin and in need of patience in waiting for prices to be on top. and many investors buy bitcoin in because the market price is red, so they buy cheap and save.

royromales

member

Activity: 163

Merit: 10

because many still want to earn from investing in bitcoin..there is a small price they are still buying because they wait for the bitcoin increase and it will cost up to 20,000 dollars .. so many investors and bitcoin holders

roadwell890

member

Activity: 490

Merit: 11

they still believe in Bitcoin that Bitcoin will be the currency of the future
if you think Bitcoin is ready to revolutionize the transaction system in this world, why do not we invest in Bitcoin?
this will be an opportunity for us too

Abdullah.dhariwal

newbie

Activity: 168

Merit: 0

People are still buying bitcoin because any person who know the technology and understands market trends are know that bitcoin is the currency of future. These small dumps does not make any difference. Look in a bigger picture

poletando

full member

Activity: 364

Merit: 100

PlayGame.com

from the graphs of bitcoin right now and last year and last 2 year we can see about the price increasing of bitcoin, its makes us want to invest on bitcoin because the price of bitcoin year by year is always increasing, so I hope investing in bitcoin still have the good future for us and make some profit more than 100%

tatvuong7

newbie

Activity: 9

Merit: 0

Because you never know what will happen in the near future and Bitcoin is still one of the best coins there is in the market

hyet24

full member

Activity: 166

Merit: 100

It keeps the economy healthy. If people just buy for profit it wouldn't work out. There are things bought with bitcoin other than black market stuff. Like buying and selling products if they accept them or trading.

nebuch

member

Activity: 588

Merit: 11

So many people who buy bitcoin because there are some important value that lies in bitcoin. From the past years until now bitcoin increase and increase even though it declined drastically it will surely recover again. There are more benefits by buying bitcoin and the very important and the first reason is profit. At the present if I buy bitcoin at the price of 8k then I hold it until next year. Because of there's so many professionals predictions such as it will come up to 25k before the end of 2018 on that I will have big profit.

cabitu

member

Activity: 163

Merit: 10

People are still buying bitcoin because they are sure that bitcoin is a profitable business. Besides it takes function as currency it can be used as investment tool and many people have got a lot money from this investment. With limited supply and high volatile in price, it is a good opportunity to take profit in bitcoin trading or investment. Commonly investors are interested in this opportunity to make extra money.

jayco25

full member

Activity: 336

Merit: 106

Because still believed in the power of bitcoin and the still expected that price will rise again in the future. We also consider the some people want to have quick money by buying the dip and sell during the price will rise but most of people are still hodlers and bitcoin fanatic.

#Support Vanig

jpnl0005

jr. member

Activity: 448

Merit: 1

Hmm the rush for bitcoin is on a high rate there maybe other reasons why people are buying bitcoin but the main purpose is for profit or gain in the future ,the benefits in bitcoin is very promising.

godrey123

member

Activity: 188

Merit: 10

people still are buying bitcoin because they see the potential growth of It, they are willing to take the risk. bitcoin has a promising future. Also bitcoin investors know what they are doing , they know when to bu and when to sell.

fbastage

full member

Activity: 367

Merit: 100

Because bitcoin is a very promising coin and we saw that during the correction the bitcoin price did not fall below 6 thousand, which means that at this level large players invest in bitcoin, and we know that everything depends on them!

Choii

full member

Activity: 658

Merit: 106

There's a lot of reason why people are still buying bitcoin, including me. Anyways, a truely investor know that if they invest there they gain a huge profit to that investment in the future and they know bitcoin is most valuable currency in the market. And i think the best question to that is " How " not why? ' how many are you willing to invest to that investment.

EnaksiS

member

Activity: 252

Merit: 10

Because it will be more valuable though! and it is the safest invest at the time. You will see how bitcoin gonna rise again in six months.

Topic: Why people are still buying Bitcoin? - page 27. (Read 3028 times)