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Topic: Why people are still buying BTC? - page 13. (Read 13729 times)

jr. member
Activity: 280
Merit: 1
July 30, 2018, 02:49:28 AM
The rise in the price of bitcoin is a very big plus. You can invest for a short time, but you can invest in a long one. And in the first and second cases you can get a big profit.
member
Activity: 308
Merit: 10
July 29, 2018, 03:01:32 PM
Bitcoin is weakening, but not abandoned. When there are people who sell, on the other hand even more who think positively and think this is a good opportunity to shop for digital assets. In Singapore for example, when the selling price of Bitcoin slid down, Bitcoin ATM machine even more crowded even to run out of stock. This is proof that Bitcoin is not dead at all.
And those who believes continue to invest and hold, I guess it will be a continues journey between investors and traders, people will still buy this coin and hold or used it for investing inside the crypto market, aside from being a currency online it also served as a good asset to hold when market still on its downfall movement, invest with well known alts and wait till you gain your target profits.

yeah, they keep buying because they are still hoping that bitcoin will be able to help them and give them nice profit by holding and selling it in the right time.

People should not lost their hope on bitcoins because the coin is very profitable due to the volatility of the market and every traders are earning a huge amount of profit which they use for living.
newbie
Activity: 14
Merit: 0
July 29, 2018, 02:57:29 PM
They are believing in its power, however, everything could happen, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising tokens. I have found a trustworthy project. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem.
member
Activity: 322
Merit: 10
July 29, 2018, 02:38:22 PM
I guess people can not be as natural as getting btc right now. Naturally, people are pursuing profits and investing in the most profitable investment bitcoin to provide for this. People are after you to evaluate it.
member
Activity: 308
Merit: 10
July 29, 2018, 12:54:53 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.
This is the fact that the entire banking infrastructure around the world can be traced back to a small group of people making decisions and adjustments. In other words, we can conclude that all major financial decisions are in the hands of some businesses, individuals from very wealthy families, and companies that own and control most of their money.
member
Activity: 294
Merit: 11
July 29, 2018, 12:50:03 PM
Bitcoin over time is already turning into a currency that is used in countries. Blokchain technology is being implemented in the spheres of our lives and therefore we are moving a bit into the era of digital currency. People understand that this is the case - that's why Bitcoin is buying.
full member
Activity: 742
Merit: 160
July 29, 2018, 12:16:48 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.
You will still see a lot of people buying bitcoin because they see it as a good opportunity to buy now while the price is still low. If they are going to hold all of it while waiting for the value to grow, they will have all the chances of gaining much money from it. It is a good move but still it is risky due to the continuous fall of bitcoin's price.
newbie
Activity: 112
Merit: 0
July 29, 2018, 11:43:05 AM
Someone is buying Bitcoin for investing in many areas, and for some people to buy stock or hold. But everyone is still buying Bitcoin in hopes of profit, so nobody has any doubt. And Bitcoin gives everyone the expected results. So is the opposite only with you?
full member
Activity: 377
Merit: 100
MenaPay - Crypto made easier than cash
July 29, 2018, 11:19:35 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.
You cannot blame people why they are still buying bitcoin knowing that it has a history wherein after a large crisis, the price of it raised up to the moon and people are still hoping that the same thing will happen this year. If ever such things occur, it would leave those people who stopped buying bitcoin regretful and disappointed due to the wasted opportunity of gaining much money.
sr. member
Activity: 750
Merit: 252
July 29, 2018, 11:14:45 AM
Things have changed since 2013. Nowadays people are buying Bitcoin because they want to earn gain some wealth. Buying and holding as long term investment, or buying and trading on crypto currency market are pretty interesting choices for extra profit, not to say that it is more than possible to happen. Everybody wants more cash for present days and days to come  Smiley
full member
Activity: 419
Merit: 100
July 29, 2018, 10:04:55 AM
People keep on buying bitcoins as there is more potential for the price of bitcoins to go higher and there is only a limited number of 21 million bitcoins available in the crypto currency after mining all the 21 million bitcoins there will not be any more bitcoins to mine and due to limited supply and high demand for the bitcoins the price keeps on increasing and will reach the highest point so now as the price is less compared to the potentiality and to earn good returns people tend to invest more on bitcoins as that could change their lives entirely to a richie and happy life.
newbie
Activity: 84
Merit: 0
July 29, 2018, 09:45:41 AM
People are invested in bitcoin in many ways.
They see good reasons to stick with it and most of them are thinking long term.
Things crash from time to time, it doesnt mean they are dead.
And besides that profit isn't the main focus for most of the old dogs of bitcoin.
People are just going to be patient to get the chance to have good income because bitcoin is the one who can make happenies in your life. People are still buying bitcoin wallet for the investment such as this is the best key to success for the future live from the bitcoin price and I have to be patient to read all about what happened to the bitcoin price.
legendary
Activity: 1974
Merit: 2124
July 29, 2018, 09:37:02 AM
Basically people want to get profit and they invest in bitcoin to gained profit cause they believe that bitcoin will have a huge value someday and people invest and hold for long term.
Well, people are are buying it as they are very well aware of the potential of this coin and even many had experienced it previous year due to its enormous height. And many are trying to get it as low as possible and are holding it for long so that they can gain a huge amount when the market boosts up...
newbie
Activity: 196
Merit: 0
July 29, 2018, 08:44:55 AM
Basically people want to get profit and they invest in bitcoin to gained profit cause they believe that bitcoin will have a huge value someday and people invest and hold for long term.
member
Activity: 420
Merit: 11
BitHostCoin.io
July 29, 2018, 08:26:54 AM
Bitcoin is weakening, but not abandoned. When there are people who sell, on the other hand even more who think positively and think this is a good opportunity to shop for digital assets. In Singapore for example, when the selling price of Bitcoin slid down, Bitcoin ATM machine even more crowded even to run out of stock. This is proof that Bitcoin is not dead at all.
And those who believes continue to invest and hold, I guess it will be a continues journey between investors and traders, people will still buy this coin and hold or used it for investing inside the crypto market, aside from being a currency online it also served as a good asset to hold when market still on its downfall movement, invest with well known alts and wait till you gain your target profits.

yeah, they keep buying because they are still hoping that bitcoin will be able to help them and give them nice profit by holding and selling it in the right time.
hero member
Activity: 1302
Merit: 540
July 29, 2018, 07:59:40 AM
Bitcoin is weakening, but not abandoned. When there are people who sell, on the other hand even more who think positively and think this is a good opportunity to shop for digital assets. In Singapore for example, when the selling price of Bitcoin slid down, Bitcoin ATM machine even more crowded even to run out of stock. This is proof that Bitcoin is not dead at all.
And those who believes continue to invest and hold, I guess it will be a continues journey between investors and traders, people will still buy this coin and hold or used it for investing inside the crypto market, aside from being a currency online it also served as a good asset to hold when market still on its downfall movement, invest with well known alts and wait till you gain your target profits.
full member
Activity: 434
Merit: 100
July 29, 2018, 07:43:11 AM
People who still buying bitcoin because thinking and believing that someday get big profit, it has been proven in the last year many people become successful and rich because bitcoin invest.

Of course, it is common sense because you don't need to focus or to get an attention to some thing if it is use less.  We, the bitcoin users hope that some day the price getting profitable and expensive.  That's why too many people do save bitcoin to be advance in the future.  Yes, they success but when they get a large profit, the price get dump.
newbie
Activity: 20
Merit: 0
July 29, 2018, 06:49:09 AM
because Bitcoin is great alternative to traditional financial system and open door to rrest cryptocurrencies
hero member
Activity: 910
Merit: 512
July 29, 2018, 05:36:00 AM
Bitcoin is weakening, but not abandoned. When there are people who sell, on the other hand even more who think positively and think this is a good opportunity to shop for digital assets. In Singapore for example, when the selling price of Bitcoin slid down, Bitcoin ATM machine even more crowded even to run out of stock. This is proof that Bitcoin is not dead at all.
newbie
Activity: 105
Merit: 0
July 28, 2018, 06:21:38 PM
People buy Bitcoin because that's what the media is putting out there for the consumers to hear.  Each day more and more of them fall over to our world.  Being first is also a huge advantage. 
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