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Topic: Why people are still buying Bitcoin? - page 40. (Read 3028 times)

member
Activity: 518
Merit: 14
because they still believe and believe that bitcoin can add and help their economic life.
at least we have a business no one has to branched out in both the real world and digital
newbie
Activity: 154
Merit: 0
they believe and they will continue to do so. they've got what actually happens to bitcoin in their view. so, they will be sustainable. the price down makes them buy and the price goes up makes them sell it
newbie
Activity: 126
Merit: 0
Hello. At the moment, bitcoin became very strong at the hearing. And many people trust this coin and invest in bitcoin. And I'm sure that this coin will make a big profit.
newbie
Activity: 172
Merit: 0
I think why people still buy bitcoin I think they can predict bitcoin because bitcoin prices go up and down indeed if in gold appeal, gold has been popular since ancient times but gold growth is not that good but in bitcoin if we buy when bitcoin the price is at that level low and we sell it back when bitcoin prices go up and are at a high level of course we can get a lot of profit from bitcoin sales and that's why I think people are still buying bitcoin because bitcoin can be made as a source of income and can give us a big advantage Wink
jr. member
Activity: 182
Merit: 2
Well because there hoping that bitcoin will rise in this upcomming months and i hope it will come, i dont want bitcoin to come to the end. If i have the power i will voluntarily buy bitcoin if i can. If you manage to buy bitcoins at the lowest possible price, you are not just a wise investor, you will be an extremely rich investor. Since that is not possible, you will have to buy at different price points. And Bitcoin has the same problem. Firstly Bitcoin mining is a long process. Secondly, the amount of bitcoin is limited. Therefore, maybe Bitcoin will follow in gold footsteps.
full member
Activity: 664
Merit: 112
Ethernity CLOUD
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.
sr. member
Activity: 868
Merit: 266
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.
With Bitcoin investment, you just have to be patient because I can assure any investor that there is no way that Gold can give you a profit of 100% in five years but with Bitcoins even with all the FUD going around it sure can give you 100% in at least 1-2 years.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
A wise invester will try to buy bitcoin at the possible lowest price, But the current bitcoin price is +7K USD the bitcoin market is in the bearish trend. people are still buying bitcoin due to its positive characteristics and it is a new form of economy and its concept is against the current economy in which we are following at present.The educated mass of the global community is mostly attracted by the bitcoin to invest suitably to the lowest price.

The problem is that you don't know what is the lowest possible price. If you manage to buy bitcoins at the lowest possible price, you are not just a wise investor, you will be an extremely rich investor. Since that is not possible, you will have to buy at different price points. I suspect that people are not sure when we will have a rebound and therefore continue to accumulate bitcoins.
sr. member
Activity: 700
Merit: 275
the answer is because they still want to support bitcoin. if you see a history of bitcoin price every year, you will understand that bitcoin is profitable. bitcoin already being a one of most popular currency now, that's why many people interest to invest on bitcoin now.
full member
Activity: 418
Merit: 100
I think people keep buying bitcoins maybe they're sure bitcoin will be a valuable item in the future, it could be that they bitcoin buyers just want to develop the money they have and invest in bitcoin
newbie
Activity: 266
Merit: 0
Because bitcoin is the first cryptocurrency know by people and they know that happen to bitcoin we affect the other cryptocurrencies so they buy more of bitcoin when it is low and sell when it when they are favored
newbie
Activity: 77
Merit: 0
The main reason people are still buying bit coin despite the fall in price is that they have the believe that it will eventually rise in the future and they would see huge profits.
newbie
Activity: 68
Merit: 0
Because we still believe Bitcoin That will increase its value in the future and in the future it will be the source of our profit. So everyone is still buying bitcoins. Because people know that bitcoin will never end, it will improve after a while.
newbie
Activity: 110
Merit: 0

Because they have believed that bitcoin will provide an income that can be expected to cover all its needs.
Fluctuating bitcoin makes the fans can not move to another heart.


People still buying bitcoin as they still believe that bitcoin price will rise again and they love to gamble that they are willing to take a risk. We cannot stop them to buy bitcoin because it’s their own decision and we dont know the reason behind it. As long bitcoin still alive, it means there is still a hope.
newbie
Activity: 126
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.

Yes people are now banking bitcoin in their wallet because bitcoin price for now is very low compare from other month and  they think they will gain more profit once it rise again.
member
Activity: 266
Merit: 32
But Bitcoin could double in 6 months. There’s no reason to believe that it will take 5 years for Bitcoin to reach $16,000. I think Bitcoin could easily get there this year and if not this year, it will probably be next year. That will be a great rate of return. Beyond that, Bitcoin could see some really big gains in the years to come that will probably go well beyond gold or silver.

1 Ripple = $0.60. I will buy 100 ripples. The price should go to $6 to $30. I will have $600 to $3000. Then I will buy Gold and Silver.

Ripple works the same way as Bitcoin ??
full member
Activity: 490
Merit: 101
For those who see the bitcoin rising to the 16,000$ in some few years time, the 8,000$ invested today isn't a bad investment for them as the money is somewhat a loose cash. Unlike if you have just a 1000$ to spare,  your thinking will be different and want to spread your investments; buying of different dipped Altcoins that have prospects.
hero member
Activity: 1008
Merit: 510
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.

But Bitcoin could double in 6 months. There’s no reason to believe that it will take 5 years for Bitcoin to reach $16,000. I think Bitcoin could easily get there this year and if not this year, it will probably be next year. That will be a great rate of return. Beyond that, Bitcoin could see some really big gains in the years to come that will probably go well beyond gold or silver.
jr. member
Activity: 224
Merit: 1
people are still buying bitcoins because they want to be rich. because bitcoin investment is very profitable and very reliable. today is a good opportunity to buy bitcoin because the price goes down.
full member
Activity: 308
Merit: 100
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 people think that bitcoin is about to die but this is just the beginning of market getting mature, this is the buying time. Because of accepting this concept, people are still buying bitcoin and make their future more comfortable.
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