Why people are still buying BTC? - page 104.

liseff3

sr. member

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Quote from: naphto on April 19, 2013, 03:04:15 PM

Hello guys,
To me, it seems pretty strange that people actually continues buying btc now...

Most people who buy bitcoin do so with confidence that the value of bitcoin will continue to rise and others will want it in the future.
Until now many people still use bitcoin to make payments online.
In addition many investors argued that the most important factor driving the current enthusiasm is the enter of hedge funds and other institutional investors.

torch2121

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The revolutionary trading ecosystem

Because it is a good asset investment. It has great expectation of capital appreciation. This create a long-term capital appreciation better than common stocks. Owning your own stocks of Bitcoin gives the investor a stake which is can be claim on its future earnings. We have a saying that something we to deliver today is not to be passed tomorrow. Late is too late.

canque31

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Quote from: pixelbtc on May 03, 2018, 10:20:15 PM

People are still buying bitcoin because they know that they can earn from it. Even though bitcoin price nowadays is constantly changing, we all know that sooner or later, we can reap what we have sow. So that is why people are still buying bitcoin until now.

People are still buying Bitcoin even the price drops because they believe that whatever challenges it faces Bitcoin can surpass them all. And besides it is the most popular cryptocurrency.

pixelbtc

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People are still buying bitcoin because they know that they can earn from it. Even though bitcoin price nowadays is constantly changing, we all know that sooner or later, we can reap what we have sow. So that is why people are still buying bitcoin until now.

Barcode_

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Join the world-leading crypto sportsbook NOW!

There are a few reasons people are buying bitcoin, they could use bitcoin to make payment online easily to other merchant who accept bitcoin as payment, another reason would be the long term investment potential of bitcoin value rising in the future.

Lpim01

full member

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Bitcoin is known worldwide than of altcoins, if your are new in crypto world definitely you have to invest with bitcoin at first and then make some discoveries into other coins. We know already bitcoin have a good market trend and a huge gaining coin that's makes people encourage to invest in here.

maculeth

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BountyMarketCap

because they are still buying bitcoins, they believe that bitcoin will still go up and they believe in bitcoin fluctuations.

Tapyaks72

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Quote from: soenaderecho10 on May 03, 2018, 08:32:18 PM

Quote from: mylyn2327 on May 03, 2018, 06:08:22 PM

We are still buying bitcoin because we believe on it, we fully understand what are the risks and we are ready to take it. I myself proven that if you really know how Bitcoin works you will surely gain profit. It just a matter of time to study Bitcoin and also it takes time for your expectations.

I think people staying buying bitcoin because of the price is good and we can see the rise of price of bitcoin and bitcoin is a trusted investment and theres many persons become rich because of that currency so that i think people continue to buy and hold and wait the good profit.

Just simply because they trust bitcoin and they believe they have the future in bitcoin and they also believe and trust in the technology who works on it and theirs a lot who gain profit and become rich with bitcoin.

soenaderecho10

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“OPEN GAMING PLATFORM”

Quote from: mylyn2327 on May 03, 2018, 06:08:22 PM

We are still buying bitcoin because we believe on it, we fully understand what are the risks and we are ready to take it. I myself proven that if you really know how Bitcoin works you will surely gain profit. It just a matter of time to study Bitcoin and also it takes time for your expectations.

I think people staying buying bitcoin because of the price is good and we can see the rise of price of bitcoin and bitcoin is a trusted investment and theres many persons become rich because of that currency so that i think people continue to buy and hold and wait the good profit.

mylyn2327

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We are still buying bitcoin because we believe on it, we fully understand what are the risks and we are ready to take it. I myself proven that if you really know how Bitcoin works you will surely gain profit. It just a matter of time to study Bitcoin and also it takes time for your expectations.

Yamifoud

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Of course they know that bitcoin investment growing and it is really gaining profit.
People say's that bitcoin investment is risky but If you have fully understand it's trend and how it works, you can tell that it is just similar to real stock investment. Yeah, it really needs time and hard works in order to succeed.

Elrozaq

newbie

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Quote from: naphto on April 19, 2013, 03:04:15 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.

The bitcoin is the best crypto, it is so popular. by seeing the bitcoin in last year, the people still believa and has pashion to invest it. they want to get alot benefit.

weblouartisan

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Lets Go Adab

Quote from: naphto on April 19, 2013, 03:04:15 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.

Bitcoins is really good for long term investment due to its volatility in the market and because of that, there are more people who are becoming interested daily since they are wanting to get rich in the future.

jerry3k5jamiso1

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Activity: 434

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You can see the current bitcoin is nearing $ 10k and it is getting out of the downward trend from the beginning of the year. This is a very good sign that the market is gradually recovering and there are many altcoin also very strong growth. I believe that Bitcoin will make a new peak this year as it is becoming more popular and used in many areas of life.

Bitexpert2017

member

Activity: 224

Merit: 10

Why not, people still buy bitcoin because now bitcoin price it is cheap. And they still believed if bitcoin price will rise again one day.

ogini

member

Activity: 406

Merit: 10

They so much believe in the technology, and they are convinced that the price will definitely shot it shy rock again because has made us believe that any time there is a big dip it comes with a huge increase in price

galkinado

newbie

Activity: 25

Merit: 0

People are buying btc mainly after seeing the success of other people who invested. They do not get to listen about people who lost money there.

kokorotomoto

newbie

Activity: 66

Merit: 0

I'm a new user and I'm confused why people are still buying bitcoins. but I think, maybe people are buying bitcoins to ensure their financial future

Kanda Yu

member

Activity: 315

Merit: 15

Quote from: naphto on April 19, 2013, 03:04:15 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.

Mainly because they are still believing that stuffs right here will keep on getting better and it will make their life more better as they keep on earning from their investment on it. Many people stopped believing on bitcoin but I think they will end up regretting it soon of ever bitcoin's future get brighter. Hoping is not a bad thing but if things aren't going the way you want to, stopping is not a bad thing either.

Kittygalore

member

Activity: 868

Merit: 63

Quote from: naphto on April 19, 2013, 03:04:15 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.

Bitcoin has lots of benefits if you are an investor and it's all gonna fall on financial matters, maybe the character is just the second beneficial aspect of bitcoin because it influences people to think beyond and about their future by being strategic and speculating behavior of a crypto. People wanted the profit but is not ready for what lies ahead of that. They tend to sell it because of the price drop hen regret it afterwards because the price just got bigger and its too late.

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