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Topic: Why people are still buying BTC? - page 17. (Read 13694 times)

jr. member
Activity: 170
Merit: 6
(┛❍ᴥ❍)┛彡Axi
July 25, 2018, 01:15:30 PM
I think this man is sorry now. Because the price of bitcoin was so high now and he ate everything he said. Now we see the price of bitcoin and its many uses. It is also used in various transactions and many people also get rich because of it.
sr. member
Activity: 588
Merit: 250
July 25, 2018, 01:08:13 PM
This is because they know that Bitcoin is not dead yet. These drops are a part of it.Soon it will rise again.They understand that Bitcoin has a huge calliber to make their investments profitable.I think the people who are still investing in Bitcoin are intelligent enough because they are thinking about the future.They know that Bitcoin has bright future so they are investing in it now to have a good and a comfortable future ahead.
jr. member
Activity: 154
Merit: 1
July 25, 2018, 12:14:58 PM
In fact, it's very simple. After the fall, bitcoin is at the bottom for a long time, but will it last forever? Of course not. And people understand once bitcoin is down, you have to buy it now and wait. In the long run, they will get their reward.
sr. member
Activity: 812
Merit: 251
July 25, 2018, 11:32:15 AM
Probably, it is because Bitcoin is the Father of all cryptocurrencies and Bitcoin also have the highest value in terms of virtual digital currency.

Then most of the time Bitcoin for others is really a good investment if we hold it in a long term for sure in the end we will gain a big reward.
newbie
Activity: 112
Merit: 0
July 25, 2018, 11:17:16 AM
which I expect to happen also to bitcoin and some other commodities, so the pattern of repeated price movements becomes the hope and motivation to buy and maintain bitcoin. Because they include I believe that the price movement of a commodity can be learned and always repeats all the time by forming patterns,
full member
Activity: 339
Merit: 102
The Exchange for EOS Community
July 25, 2018, 11:13:43 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.

I guess they see what really Bitcoin could do and I guess that's the main reason why Bitcoin is very popular up to this point which Bitcoin really depreciate and I guess if you are involved already in this platform gaining is not always the sure thing to achieve, a better projects and services that they can offer to everyone is enough reason to stay here and keep investing, not only to gain but also to have a sustainable way of living.
newbie
Activity: 60
Merit: 0
July 25, 2018, 07:32:34 AM
People continue to buy BTC because:
1 - They perceive that the market is consolidating, with the entry of large companies (in a discreet way) and investors with large sums of resources. When people realize this (usually through the news), they believe that the investment is worth it;
2 - Other people buy Bitcoin because they have heard someone say that they can make lots of money;
3 - There are still those who believe that Bitcoin will become a substitute for the money issued by the governmental authorities (FIAT);

As pessoas continuam comprando BTC porque:
1 - Percebem que o mercado está se consolidando, com a entrada de grandes companhias (de forma discreta) e investidores com grandes somas de recursos. Quando as pessoas percebem isso (geralmente por meio do noticiário), acreditam que o investimento vale a pena;
2 - Outras pessoas compram Bitcoin porque ouviram alguém dizer que poderão ganhar muito dinheiro;
3 - Há ainda aqueles que acreditam que o Bitcoin se tornará um substituto ao dinheiro emitido pelas autoridades governamentais (FIAT);
jr. member
Activity: 154
Merit: 1
July 25, 2018, 06:03:42 AM
its low now , but like always BTC has its ups and downs, so people who invest see a perspective. they believe that soon enough their will be a high point and they will ear and benefit from it. its as simple as that
member
Activity: 392
Merit: 10
July 25, 2018, 05:30:27 AM
Because as more and more people agree and believe in the currency attributes of Bitcoin, Bitcoin will take on the role of value storage, and because human wealth is growing rapidly, bitcoin as a currency naturally rises.
member
Activity: 322
Merit: 10
July 25, 2018, 05:24:52 AM
because they include I believe that the price movement of a commodity can be learned and always repeats every time by forming a pattern, this is what I expect to happen also to bitcoin and some other commodities, so the pattern of price movements that are repeated to be both hope and motivation to buy and keep bitcoin holding
jr. member
Activity: 154
Merit: 1
July 25, 2018, 03:58:51 AM
Probably most of those who buy bitcoin today because they are sure a bitcoin will bounce high again and again they think that now is a very appropriate time to buy bitcoin Because the price is cheap
Maybe because they still trust how bitcoin can give them good future, it can be a good investment to keep because we know its volatility and every time from now the value will keep changing from dump to pump. So, if there is a chance to buy more and more BTC i will not hesitate to buy and hold for a while. Bitcoin now is considered as an asset, it has a great potential to use as an exchange and legalize in the whole country.
hero member
Activity: 784
Merit: 500
July 25, 2018, 03:38:47 AM
People are still buying bitcoin because they know bitcoin has a large potential of making their investments successful. It is the best investment asset until now. Inspite of the crisis bitcoin is still growing fast. People will get more opportunities to invest more and gain maximum profits. It will give the economy a new height of progress. So buying bitcoin is a wise decision.
In this era, invest in Bitcoin is a highly profitable investment, we could easily get an advantage if we buy cheap and sell when it is expensive. Bitcoin will remain a valuable asset in the future.
member
Activity: 152
Merit: 10
July 24, 2018, 01:50:39 PM
Probably most of those who buy bitcoin today because they are sure a bitcoin will bounce high again and again they think that now is a very appropriate time to buy bitcoin Because the price is cheap
member
Activity: 322
Merit: 10
July 24, 2018, 01:43:21 PM
On account of more individuals trust how bitcoin change their monetary life that is the reason they keep on investing bitcoin and its extremely productive wellspring of pay. Additionally, they need to have bitcoin and some altcoins in light of the fact that they can utilize it to a few bills through on the web and it spares time than to go in bank or charging focus and fall in line and hold up 60 minutes. Well being and protection of your exchange are straightforward nobody will see your exchange just yourself.
newbie
Activity: 129
Merit: 0
July 24, 2018, 01:41:08 PM
Individuals are as yet purchasing bitcoins in light of the fact that they realize that bitcoin gives such gigantic benefits after financial specialists have tolerance. Purchasing and holding a decent bitcoin to get a wage once the bitcoin cost goes up. Furthermore, People keep on buying bitcoin in light of the fact that they see that bitcoin has a future in the market. Today the estimation of bitcoin keeps on rising and offers want to individuals keep on believing in bitcoin. I think this is clear, bitcoin costs are extremely intriguing at this point.
full member
Activity: 238
Merit: 100
July 24, 2018, 01:29:57 PM
People are still buying bitcoin because they know bitcoin has a large potential of making their investments successful. It is the best investment asset until now. Inspite of the crisis bitcoin is still growing fast. People will get more opportunities to invest more and gain maximum profits. It will give the economy a new height of progress. So buying bitcoin is a wise decision.
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
July 24, 2018, 01:26:45 PM
Why do people still buy bitcoin, because people still trust bitcoin because they will change their lives for the better and because bitcoin is promising and also profitable.
and everyone competes to get bitcoin in any way and in various ways to get it and all the proceeds from their efforts and hard work will not be in vain and will be paid out of their results and their patience in the form of investments or other means just to make a profit of bitcoin.
jr. member
Activity: 210
Merit: 3
July 24, 2018, 01:23:27 PM
People still buying bitcoin because they believe in the future of bitcoin will continue to improve, which is why many people are optimistic that by buying bitcoin it will make it rich and successful.
full member
Activity: 268
Merit: 100
July 24, 2018, 11:40:02 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.
Just take a look back at bitcoin's history and try to understand why people are still patronizing it. A lot of people ended up being rich way back due to buying bitcoin at a low price and holding it till it rises again. All of us who have bought bitcoin are also hoping that bitcoin's price will somehow grow soon so that we can gain much benefit as we hold it for a very long time.
member
Activity: 308
Merit: 18
July 24, 2018, 11:37:44 AM
Well bitcoin will have a better future, it will have more volume of investors that are interested in bitcoin and as we can see bitcoin are improving more and they want to improve more for our satisfaction. Bitcoin will have a huge value in the market if we are always patronizing bitcoin. People buy more for the opportunity to have a huge profits in the future so that they will have a big money if they got a huge profits. Bitcoin can help life easier and it gives money to the investors more.
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