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Topic: Why people are still buying BTC? - page 10. (Read 13694 times)

newbie
Activity: 50
Merit: 0
August 06, 2018, 08:12:15 AM

People invest in bitcoin in many ways
they have good reasons to invest in bitcoin and most of them think long-term. The benefits of loss are common in trading, that does not mean they have given up. there is still hope for those who believe in bitcoin
hero member
Activity: 966
Merit: 550
August 06, 2018, 07:31:40 AM
Mostly because they want to store their earnings with a possibility of multiplying them, that's the main reason I guess.

Because bitcoin is not an "investment". There are people out there who do work with bitcoin as well, the only people who buy bitcoin is not people who try to "get rich quick" from the ups and downs of the market. People are buying bitcoin for a lot more reasons than that. This causes bitcoin to be a currency like what it was suppose to be and not some sort of way to make fiat currency and live better.
It was suppose to be currency not commodity. I actually get paid in bitcoin for my work and never thought about bitcoin as something I can trade and profit from the price differences.
member
Activity: 308
Merit: 10
Swipe!
August 04, 2018, 05:16:23 PM
Mostly because they want to store their earnings with a possibility of multiplying them, that's the main reason I guess.
member
Activity: 140
Merit: 10
August 04, 2018, 05:13:44 PM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalksearch.org/topic/bitcoin-24com-matching-engine-seems-broken-site-down-174600 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.

Nah, now you can see bitcoin is good investment right ?
And now bitcoin is great place to do investment, even though bitcoin have great risk too.
full member
Activity: 448
Merit: 100
LETS GO ADAB
August 04, 2018, 05:10:35 PM
The main reason why people still buy bitcoin is that they know that it will soon replace the Fiat. They know that they have a future. If they invest early, they understand that for them there will be very large profits in the future.

Most of the people really know's how cryptocurrency is profitable because of what happened before the year ends last december and that is the reason why professional traders today are taking advantage of the current market situation.
copper member
Activity: 8
Merit: 0
August 04, 2018, 04:45:53 PM
I guess it does not hurt anyone to own a fraction of bitcoin to hedge against uncertainty.
full member
Activity: 462
Merit: 100
August 04, 2018, 04:38:28 PM
There are a number of reasons:
1. Every day of the crypto currency Bitcoin becomes more stable
2. The world economy is unstable
3. Speed of creating new bitcoins is halved
4. The schedule bitokoya looks quite promising
5. Cash Disposal Plans - Goldmine for Bitcoin
6. The use bitkoynov rapidly gaining momentum around the world
7. The speed of the bitcoin transaction
8. There are new ways to use Bitcoins
9. The bitcoin can not be destroyed
10. The mood around Bitcoin shifts to a positive channel
full member
Activity: 560
Merit: 101
August 04, 2018, 04:34:05 PM
Maybe some of those who are still buying bitcoin might be because they are very sure that the price of bitcoin will rise again in the future and now is the perfect time to buy because the price of bicoin is cheaper again
newbie
Activity: 22
Merit: 0
August 04, 2018, 03:58:39 PM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalksearch.org/topic/bitcoin-24com-matching-engine-seems-broken-site-down-174600 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.

People still buy bitcoin because they believe in bitcoin. They really understand bitcoin that bitcoin can provide benefits so they are willing to buy bitcoin which is so expensive.
hero member
Activity: 966
Merit: 501
August 04, 2018, 02:14:40 PM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalksearch.org/topic/bitcoin-24com-matching-engine-seems-broken-site-down-174600 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.

I think they have special reasons why they still dare to invest in Bitcoin, usually they are not affected by negative issues and stick to their beliefs That with its investment in bitcoin will give a big advantage
Bitcoin is still the favourite cryptocurrency in the market even after the fall in price.Bitcoin is still considered the most valuable and expensive cryptocurrency.Bitcoin is still the people's favourite.People are investing in bitcoin as it is the best option for investing in today's date.Bitcoin is a blessing for those who are jobless or want to earn money quickly.But one needs to give their time and hardwork in order to earn money from bitcoin.It has made many people rich.
member
Activity: 434
Merit: 10
August 04, 2018, 02:07:05 PM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalksearch.org/topic/bitcoin-24com-matching-engine-seems-broken-site-down-174600 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.

I think they have special reasons why they still dare to invest in Bitcoin, usually they are not affected by negative issues and stick to their beliefs That with its investment in bitcoin will give a big advantage
newbie
Activity: 68
Merit: 0
August 04, 2018, 02:05:58 PM
I want to say That, bitcoin is Great crypto currency,  because bitcoin give a good future for any investment People's.
Day by day bitcoin price grow high to high in the crypto market.
So everyone buy it low price and

Sell it high price in the market.
Then people earn here many profit.
In this cause people are still buying Bitcoin.                       
newbie
Activity: 100
Merit: 0
August 04, 2018, 01:50:27 PM
Because Bitcoin was still an emerging technology and it's future was uncertain, meanwhile there where not much support for it , meaning nobody was willing to accept bitcoin as payment, so buying bitcoin and unable use it made it less attractive for investment, until recent times, now most people do use it in the darknet market maybe it success might be attributed to it use in the darknet market place... people started to see the value of Bitcoin and its usage outside of the darknet market and it came with a lot of incentives for miners as well as for individual with ease of use.. and there became a surge in bitcoin and fast forward today this is how far bitcoin had gone and why people still buying.
full member
Activity: 134
Merit: 100
August 04, 2018, 01:23:15 PM
The main reason why people still buy bitcoin is that they know that it will soon replace the Fiat. They know that they have a future. If they invest early, they understand that for them there will be very large profits in the future.
full member
Activity: 350
Merit: 100
August 04, 2018, 03:46:35 AM
it is true that until now there are still many who invest in bitcoin, this is done because they know the benefits of crypto currency will provide a change in financial life
member
Activity: 243
Merit: 10
August 04, 2018, 03:26:57 AM
Despite the fact the bitcoin's value is not doing so well in the market, this particular moment serves as an opportunity for those who wants to invest and earn big in the future. I mean it is far more better to buy when the value is low, isn't it? So, that must be the reason why people keep on buying it.
People are still buying bitcoin because they never lose hope that bitcoin can change their status in life. They also want to earn more and they expecting more from bitcoin.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
August 03, 2018, 02:00:38 AM
Because soon it will start to grow and those people who bought bitcoin will get a good profit.
This is right. They do it for the profit and majority of people are doing it for the profit because it helps earn good money in the market. It has given financial freedom to invest and has been providing employment opportunities enabling people earn easy money given they understand the market.

Many benefits attached to Bitcoin are worth availing because it has reduced the cost of transaction to a greater extent and help save money which in other words is called money earned.
newbie
Activity: 266
Merit: 0
July 31, 2018, 10:13:05 AM
people are still buying bitcoin because they believe the market will increase and they can sell high and buy low most of crypto holders are positive towards crypto volatility
newbie
Activity: 41
Merit: 0
July 31, 2018, 09:31:30 AM
People buy bitcoin to make money in the future. The media writes a lot about the crypto of good and bad, but those who believe in profits are buying BTC
full member
Activity: 268
Merit: 100
July 31, 2018, 09:10:05 AM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalksearch.org/topic/bitcoin-24com-matching-engine-seems-broken-site-down-174600 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.
No matter how low the value of bitcoin gets, people will still continue buying it knowing that buying bitcoin at a low price is a great opportunity to hold many and sell it after it gets high again. They are just being strategic and at the same time hopeful that bitcoin will regain its high value in the near future.
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