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Topic: Why people are still buying Bitcoin? - page 34. (Read 3028 times)

full member
Activity: 391
Merit: 100
Bitcoin still have a lot to offer. I can't distinguish the comparison of gold and bitcoin as they are both different with each other in a deeper thinking. Bitcoin is a currency and an investment at the same time that depends on and affected by its market. Im still being fascinated by bitcoin to invest in as I hope it would be a good revert when time comes.
hero member
Activity: 1722
Merit: 528
Yeah people would still buying this amazing bitcoin. All of investment are good for me, there are people that try to compare one investment to each other, including me. I tend to split my fortune into some investment, rather than just one investment.

That is how you do it.

That is a normal strategy, I mean why would you force yourself on investing in one investment if you can cut it in half and it will also add the possibility of having a profit in time.

All want to increase money in few time.they hopeless where we invest that currency growing day by day.

A lot of people are saying these and I think some investors are misunderstanding the fact that Bitcoin is a volatile digital currency. We can't be sure when will the price go up and it don't really grow day by day unless you have a lot of money to do that.
newbie
Activity: 28
Merit: 0
Hi,
Certainly people have different views on why they believe the Price of Bitcoins is fairly coming down.
The question is Should it worry us or its a normal occurrence and the issue will be sorted itself as time and year comes to close?
newbie
Activity: 31
Merit: 0
All want to increase money in few time.they hopeless where we invest that currency growing day by day.
member
Activity: 266
Merit: 32
Yeah people would still buying this amazing bitcoin. All of investment are good for me, there are people that try to compare one investment to each other, including me. I tend to split my fortune into some investment, rather than just one investment.

That is how you do it.
full member
Activity: 308
Merit: 100
Yeah people would still buying this amazing bitcoin. All of investment are good for me, there are people that try to compare one investment to each other, including me. I tend to split my fortune into some investment, rather than just one investment.
full member
Activity: 688
Merit: 106
They love bitcoin and the trust that they giving is very high thats why they cant stop in buying bitcoins.  Another thing that ive notice is they see bitcoin is very profitable.
There are many reasons why people still buying and investing in bitcoin. I agree that they love and they have trust on bitcoin because they know it is not scam and they get many benefits from it. Furthermore, I will also keep on buying bitcoin because I know it will help me to get more profit.
member
Activity: 112
Merit: 13
they see bitcoin as a valuable thing, even its value decreases, the position and where it is in the market will never replaced unless there is a cryptocurrency that has a greater attribute than bitcoin. People still patronizing bitcoin because majority of investors still believes in this crypto.
newbie
Activity: 112
Merit: 0
I disagree that bitcoin will take five Years to double in price. Historical price show each bitcoins price doubles or triple.

Many people today are buying crypto most especially in bitcoin its because the market value of some crypto today is dropping and believed this is the best time to buy.
newbie
Activity: 28
Merit: 0
Hi,
I believe people have still faith in the bitcoin and the believe as we heard towards the last half of the year the prices will raise.
Towards the end of the year the price will increase more than ever before.
Its a hope against all hopes
jr. member
Activity: 150
Merit: 2
I disagree that bitcoin will take five Years to double in price. Historical price show each bitcoins price doubles or triple.
jr. member
Activity: 462
Merit: 1
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.
sr. member
Activity: 728
Merit: 254
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 it is because of what bitcoin can bring.  Yes,  the primary reason or purpose of those people who invest on bitcoin on why they invest is to earn money, but they are also after on the different functions of bitcoin or what it can do. They are also after on the store value of bitcoin, on how it can be used in transactions smoothly or its convenience, to name some.
jr. member
Activity: 175
Merit: 1
because they believe and believe kalou bitcon can change the economy of their destiny
in the near future.
newbie
Activity: 88
Merit: 0
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.


Because the price is fall down and it is the opportunity of the people buy more Bitcoin and they used for their investments.
sr. member
Activity: 630
Merit: 250
Because bitcoin is a great value digital currency. The bitcoin market is booming. Many countries are promoting bitcoin development. Bitcoin is still profitable for investors. So many people still buy bitcoin to make their future better.
newbie
Activity: 80
Merit: 0
in my opinion bitcoin is still a promising business to date, from an article I've read, A number of experts and geek IT world consider the negligent government that resulted in economic turmoil. The concept of Bitcoin is also believed to continue to rise given the rapidly growing digital world and ever-increasing demand.
newbie
Activity: 308
Merit: 0
Because, they think that bitcoin can once again change their fate. Bitcoin is still buying a lot of people, investing a lot. Bitcoin's price was $ 2k in may of last year. But that price of bitcoin crossed $ 7k in the 1 year interval. So, people are now buying a lot of bitcoin's dumped price. They think they will get lot of benefits in the middle of 2 to 1 year.
full member
Activity: 392
Merit: 101
I think the reason why some of people are still buying because they believe in bitcoin because investing in bitcoin is worth it and a good decision to ensure your profit and become  x10 or higher.
member
Activity: 266
Merit: 32
Why would it take 5 years for Bitcoin to reach $16k, when in fact bitcoin has almost doubled in price every year. Are you some kind of astronomer that you can predict Bitcoin prices. Also there are many people in this world who don't know about Bitcoin and are most likely tempted to invest in it when they realize about the potential returns it could give. 

$1000 to buy one Bitcoin and

$8,000 to buy one bitcoin, that is lots of "money difference"
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