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Topic: Why people are still buying Bitcoin? - page 3. (Read 3028 times)

jr. member
Activity: 140
Merit: 1
June 01, 2018, 01:20:41 PM
I guess there is not too many people, who think Bitcoin will worth only 16000$ in 5 years, they believe it will worth much more, even this year.
newbie
Activity: 47
Merit: 0
June 01, 2018, 01:11:27 PM
Because Bitcoin users are very confident if Bitcoin will have higher value in the future. Patience will bear fruit in large profits.
newbie
Activity: 22
Merit: 1
June 01, 2018, 01:10:09 PM
I would say why not ? first of all the price of bitcoin is at it's lowest. So if you buy now and wait enough the price will rise and you will end up with a pretty good investement. and second the more people buy right now the more the demand on bitcoin goes up and thus the more value it gets so by buying more you are increasing your profit margin. bitcoin is a very good investement and a very advanced technology that we should invest in in order to change the world's monetary system.
member
Activity: 517
Merit: 10
June 01, 2018, 01:08:21 PM
Because of the future profit, many people already got it loss their money 2018 year.I think now the best time to the bitcoin holder.if now you can buy bitcoin and still hold it then definitely you will got more profit.
full member
Activity: 322
Merit: 100
June 01, 2018, 01:04:43 PM
people are still buying bitcoin because they knows that the value of the bitcoin will be increase in future it comes from 10k to 20 k in 2019 we knows that the status of the bitcoin is too high this time .
That is true while bitcoin is not recovering from the dip there are many people used this chance to buy more because there's a lot of proofs that bitcoin can makes us millionaire, So people still believe that bitcoin is valuable assets which very useful for the future.
sr. member
Activity: 586
Merit: 251
June 01, 2018, 12:55:03 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
full member
Activity: 532
Merit: 132
June 01, 2018, 12:51:18 PM
people are still buying bitcoin because they knows that the value of the bitcoin will be increase in future it comes from 10k to 20 k in 2019 we knows that the status of the bitcoin is too high this time .
I agree with you, There is a lot of true bitcoiner who believe so much in bitcoin and they search about bitcoin news and the market each day, we can say they are addicted to this crypto, Personally, I will buy bitcoin even the price is higher than that, I believe that bitcoin price will reach 25k$ by the end of this year and it will continue rising over the years, It has the potential to surprise us.
newbie
Activity: 98
Merit: 0
June 01, 2018, 12:43:30 PM
people are still buying bitcoin because they knows that the value of the bitcoin will be increase in future it comes from 10k to 20 k in 2019 we knows that the status of the bitcoin is too high this time .
newbie
Activity: 36
Merit: 0
June 01, 2018, 12:32:51 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.

It is not necessary to invest in BTC, there are other crypto-currencies
newbie
Activity: 156
Merit: 0
June 01, 2018, 12:31:23 PM
Bitcoin is the first crypto currency which can  be operated in electronically only. It has very attractive features such as decentralized one,  anonymity and its all transactions are recorded in an electronic ledger with the block chain technology .Its credibility and usefulness  has attracted the  investors of the modern world. Especially the bitcoin is introduced as a new form of economy which is contrary to the existing economical concepts which we are following at present  Because of the above reasons the global community is getting attracted to bitcoin to invest on it.
hero member
Activity: 840
Merit: 500
June 01, 2018, 12:24:00 PM
Somehow everyone buying bitcoin now seem to assume it would moon in the month of June. So they believe it's a worthy investment now

well it has been the pattern like that for the last year whereby it moon like crazy for almost all the coins. i still remember neo is about $1 and then it become $7 and even go to as high as $60.
member
Activity: 167
Merit: 10
June 01, 2018, 12:22:12 PM
The answer is simple because they are still trusting that bitcoin will rise again and be bigger than previous years. Also, bitcoin is just a gamble like you will not know when it is lucky or when it is bad. Yes, it is risky to buy Bitcoin but you can't never erase to the people who uses Bitcoin to buy because they simply believing for it.
jr. member
Activity: 227
Merit: 1
IQCash
June 01, 2018, 11:33:42 AM
People patronize bitcoin for online shopping due to the fast, secured and reliable transaction it offers. Users are entitled to control their transactions without any interference from a third party. Aside this, holding bitcoin for a long term serves as an investment which yields good profit.
full member
Activity: 165
Merit: 100
June 01, 2018, 11:31:34 AM
because bitcoin is a profitable investment asset in the long term. investors are speculating about bitcoin prices that will continue to rise up in the next few years. so from now on they continue to collect bitcoins, then sold to the price they are predicting.
newbie
Activity: 154
Merit: 0
June 01, 2018, 11:29:44 AM
people are buying bitcoin because they know bitcoin will back to were it was no one can stop bitcoin it is unstoppable

In my own opinion i think people are still buying because They that bitcoin is still the best cryptocurrency to invest.
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
June 01, 2018, 11:23:09 AM
the people still buy a bitcoin because they still believe with bitcoin, its mean if the bitcoin is going high or low the bitcoin holder will still buy a bitcoin and hold a bitcoin as their investment and as their currencies, and they believe if the price of bitcoin going down, it will recover as soon as possible, and if the bitcoin rising up it will rise more than that value
The people still buying bitcoin because they believe on bitcoins potential. Bitcoin is volatile, it means that the price is changing rapidly and its unpredictable to know if it will increase or decrease. But i believe it will increase definitely just like its past years. And i believe that the price of bitcoin if it will increase will be bigger than last years. We were just in the middle of the year, many more things will happen, we just have to wait for its increase.
copper member
Activity: 644
Merit: 0
POINTPAY
June 01, 2018, 11:12:43 AM
people are buying bitcoin because they know bitcoin will back to were it was no one can stop bitcoin it is unstoppable
member
Activity: 448
Merit: 10
June 01, 2018, 11:09:05 AM
Many people think that bitcoin is about to die but this is just the beginning of market getting mature, This is a great time to buy. Watch the market is going to go down so low that everyone will see the time to buy and it will rise up up and away. What bitcoin is capable of is truly an innovation that will change the world, it is here to stay. It will rebound to 30–50k by the years end.


I believe what you're saying, it is the best time to buy crypto while the market is still low. Many people are still believing in it, they believe on its capability and its value to rise in the future, well in fact mostly crypto believers will take advantage of this kind of situition because for them it is an opportunity and not a threat.
newbie
Activity: 15
Merit: 0
June 01, 2018, 11:02:39 AM
 Many people think that bitcoin is about to die but this is just the beginning of market getting mature, This is a great time to buy. Watch the market is going to go down so low that everyone will see the time to buy and it will rise up up and away. What bitcoin is capable of is truly an innovation that will change the world, it is here to stay. It will rebound to 30–50k by the years end.
jr. member
Activity: 40
Merit: 1
June 01, 2018, 11:01:34 AM
Store of value... hold it like virtual gold rather than spend it as a currency.
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