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Topic: Why people are still buying Bitcoin? - page 28. (Read 3029 times)

newbie
Activity: 98
Merit: 0
I think why people are still buying Bitcoin, because Bitcoin still has a lot to offer. I can not distinguish between gold and bitcoin because they are different from each other. Bitcoin is the currency and investment at the same time that depends on and is influenced by the market. I am still fascinated by bitcoin to invest because I hope it will be a good return when the time comes. Bitcoin investment is a long-term investment.
sr. member
Activity: 644
Merit: 259
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I think most of the people want to make quick money on bitcoin fluctuations. Also, it's decentralized crypto.
Most investors know that this is as low as Bitcoin is going to go for now that's why they are in a hurry to buy now, They will now be waiting for it to hit a certain level so that they can sell and profit from their investments.
sr. member
Activity: 1106
Merit: 250
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Bitcoin is the best investment and people believe bitcoin that give huge return. Other hand gold and other investment did not give you so much. people still invest bitcoin because they earn good amount.
jr. member
Activity: 147
Merit: 1
People who are just acquainted with bitcoin in my opinion are the reasons why bitcoin is still being bought and that's what makes bitcoin go down. I hope people like that never use bitcoin anymore because it only minimizes the price.
member
Activity: 200
Merit: 73
Work is turning your idea into things.
Great long and short term benefits if I had the opportunity I would too. I do not see any problem with that, in the end you can use that money to invest in some business on the Internet or locally.
member
Activity: 210
Merit: 10
people keep buying bitcoin at this time because bitcoin has the potential to go up further. especially those that encourage people to still buy bitcoin today because the price is down. bitcoin has a bright future therefore people always expect success from bitcoin.
newbie
Activity: 178
Merit: 0
People are buying bitcoin because they trust in it. Those who really believe in the future of bitcoin are not ready to sell it anytime soon for few profits buy they plans to keep it in the long term and make much profit from it. As bitcoin continuously becomes popular,  there will be a time that bitcoin price will surge so higher and so these times are the best times to buy more and hold.
full member
Activity: 156
Merit: 100
People are still buying bitcoin because Bitcoin's popularity is increasing day by day. And now Bitcoin prices are very low. And it's a great opportunity for us. Because Bitcoin prices will increase very quickly. Then we will not have the opportunity to buy. Its a great investment for all of us. Many people are become rich by it. That's why people are buying Bitcoin.
newbie
Activity: 70
Merit: 0
Cause they know that this is not the end but the beginning of BTC era.
newbie
Activity: 127
Merit: 0
because bitcoin is a digital currency that has a very rapid development, and so good to be made land for investment business.
especially with the current market price growth is very good, can provide huge profits.
newbie
Activity: 78
Merit: 0
I think most of the people want to make quick money on bitcoin fluctuations. Also, it's decentralized crypto.
full member
Activity: 926
Merit: 100
it seems that bitcoin still has a lot of buyers and still buy bitcoin because I see bitcoin has a very good potential and not only that bitcoin also has a very limited total supply that makes bitcoin can be very expensive and useful for people.
member
Activity: 952
Merit: 41
This you analysis can only work for a centralized system and commodity such as gold silver and the rest but not bitcoin, because since bitcoin is decentralized it future is hard to predict and at that bitcoin can rise to any amount within  a short time. Bitcoin will rise in price very soon and it can not be compared to gold in any way even with it volatility bitcoin is the deal.
full member
Activity: 285
Merit: 100
What is now known for certain is that the people who bought bitcoin at its peak are now very disappointed, if to speak gently. There are a lot of stories in the media about how philistines took out loans and sold real estate in order to invest in crypto-currencies - and eventually lose. Some believe that the apocalypse is already here.
newbie
Activity: 132
Merit: 0
people will also think if they want to buy bitcoin, they also do not buy, but they also have to see the current prices, those who buy bitcoin want to make a profit, and I am sure bitcoin price in the future can bring benefits for those who buy bitcoin, so in my opinion, what they decide to buy bitcoin is not a wrong decision, bitcoin is great for the future. Grin
jr. member
Activity: 180
Merit: 9
Bitcoin has already shown good results and made a profit to its investors. Therefore, people still invest money in it, because you can still make good money on bitcoin. I think the same thing awaits us in the future, since I am sure that the cryptocurrencies will only become more popular.

People buy bitcoins as there is good potential for the bitcoins in the crypto market to increase its prices due to the demand and supply of bitcoins in the crypto world, every day new users are entering the bitcoin community making it more demand which ultimately causes in the rise in price of bitcoins. Early investors of bitcoins are millionaires of today making bitcoins a investment asset which can alter the lives of the users and improve the economic and financial conditions of the world. Good experts and investors of bitcoins are saying that the prices could reach $ 30000 USD soon.
member
Activity: 383
Merit: 10
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.
if your calculations are indeed investors will experience losses if you buy bitcoin but why are still many investors who are interested to invest with bitcoin and I often hear many successful and successful investors in investing with bitcoin
jr. member
Activity: 98
Merit: 1
People buy bitcoin because some people wants to earn from bitcoin they see as investment plan. There some who loves technology behind bitcoin they are more interested in blockcahin technology rather than investment plan.
copper member
Activity: 2968
Merit: 575
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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.
You can still invest $400 and $800 on bitcoin to by fractions of it. You will still get the same profit you would have gotten before. If you still want to buy whole coin other than fractions of bitcoin, invest on other undervalued cheap coins. You can't transact Gold or Silver from one part of the world to another, can you? Can you buy online stuffs with gold/silver?
member
Activity: 602
Merit: 10
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.

Because bitcoin can provide very high profits, the potential for bitcoin price increases is the opportunity to make a profit. Buying it cheap and selling it at a high price is a very attractive advantage.
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