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Topic: Why people are still buying BTC? - page 22. (Read 13694 times)

full member
Activity: 375
Merit: 100
Adoption Blockchain e-Commerce to World
July 18, 2018, 12:08:04 PM
I think some people buy bitcoins in the hope of reselling the crypto currency to other people at a higher price. Other people are investing in bitcoin because they believe that this technology can change the world.
Many people is still buying bitcoin because the future of bitcoin is very bright and the price of bitcoin can still increase again very high on the right time so for me people should not stop investing with bitcoin because bitcoin can give many people a lot of money.
member
Activity: 255
Merit: 10
July 18, 2018, 11:03:57 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 I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits.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.
Bitcoin is still being bought because Bitcoin has great potential for growth and is currently falling. That makes them invest in it because they realize it can be profitable for them in the future. I also believe so . Why not when you have the opportunity to increase your personal wealth? Keep at least the Bitcoin number you have.
member
Activity: 163
Merit: 10
July 18, 2018, 10:47:36 AM
People want to earn money by investing in BTC, which is a very simple truth. It is also the common side of human nature.
member
Activity: 167
Merit: 10
July 18, 2018, 10:40:55 AM
the people that still buying BTC and hold it is someone that really optimist with BTC that the price will raise up year on year, and believe that there are more people who will BTC and make BTC increasingly rare
member
Activity: 345
Merit: 10
July 18, 2018, 10:07:21 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.
Many people still keep Bitcoin because they see the huge potential of this technology and believe it will grow strongly in the near future. Bitcoin has peaked and as it is decreasing, this can be considered as time for people to invest in it. The potential of Bitcoin is to secure your investment decision.
sr. member
Activity: 532
Merit: 250
July 18, 2018, 09:57:09 AM
Because they all still belived in bitcoin if bitcoin always give us huge profit. thats why until now people still buy bitcoin.
and we all belived if bitcoin have a nice future.
and people whom buy bitcoin at around $6200 today they make huge profit.their optimism give them courage to take risk and buy bitcoin.and they got profit today after it hit $7400
member
Activity: 279
Merit: 13
July 18, 2018, 09:26:03 AM
Because they all still belived in bitcoin if bitcoin always give us huge profit. thats why until now people still buy bitcoin.
and we all belived if bitcoin have a nice future.
jr. member
Activity: 280
Merit: 1
July 18, 2018, 04:44:42 AM
Because you can earn a lot of money on it. The main thing is to understand how to do it right!
newbie
Activity: 46
Merit: 0
July 18, 2018, 04:05:49 AM
It is obvious for me that people will be investing in the sources, that are potentially profitable and beneficial, if crypto currency will became a worldwide thing, it is better, much better to be involved in it, than to be missed.
Its a perfect time to buy bitcoin because price is falling i suggest you to do the same thing buy it now.You'll surely get some benefit.
legendary
Activity: 2100
Merit: 1058
July 18, 2018, 03:54:04 AM
I think this will be obvious as long as BTC will remain the top 1 crypto currency Smiley The just want something really reliable, and that's the most reliable thing out there in crypto.
Today when I checked out the price it showed 6745 dollar price on screen which amazed me with this improvement and was a time of joy for me when I found myself in profit.

I invested in low market and the market is still low but I invested in lower value which is benefiting me now so you can also do like this in order to make some money here. People are attracting towards the market in these days due to the availability of Bitcoin on low price so this is a better opportunity.
newbie
Activity: 182
Merit: 0
July 17, 2018, 07:55:53 AM
Many people still invest in bitcoin for a variety of reasons, but in the end, bitcoin has many advantages such as: quick transaction, central government can not take away, tax, no refund, People can not steal your payment information from merchants, not inflation, anonymous privacy is of interest to everyone, especially you can create bitcoin for yourself.
member
Activity: 406
Merit: 10
July 17, 2018, 07:42:40 AM
It is obvious for me that people will be investing in the sources, that are potentially profitable and beneficial, if crypto currency will became a worldwide thing, it is better, much better to be involved in it, than to be missed.
It is not easy to understand that Bitcoin will continue to be bought even if its price is falling. Its price drops but its potential allows people to place their trust and continue investing in it. This is a great time to invest in it and have a great opportunity to increase the value of personal assets in the future. That's why people still invest in it.
full member
Activity: 277
Merit: 100
July 17, 2018, 07:19:19 AM
It is obvious for me that people will be investing in the sources, that are potentially profitable and beneficial, if crypto currency will became a worldwide thing, it is better, much better to be involved in it, than to be missed.
sr. member
Activity: 1638
Merit: 278
July 17, 2018, 12:48:56 AM
Their reason may be their chance to buy it, because bitcoin prices are low and they buy as much as they can afford to invest.
Bitcoin can still be trusted because they believe bitcoin will definitely rise from adversity and believe in the coming months bitcoin will rise again
many people are still optimistic about the future of bitcoin. although it is still experiencing a very large decline, but many people consider this cheap price is a good opportunity to buy and sell it in some later.
There is nothing bad happened with the Bitcoin just the market value faced with downfalls and can recover anytime so do not think that market has something which are unfavorable. In my opinion market either low or high benefits us but it is we who are making complications. People can buy Bitcoins in this low market with but in large quantity using less money so it is benefit in start.
full member
Activity: 518
Merit: 101
July 16, 2018, 10:33:04 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 are still buying bitcoin because they are believing of the huge profit the will get in the future. Of course bitcoin have already made people rich. Me myself I do not have own money to invest for bitcoin but what I did was to work with it.By joining some bounty campaigns here can already make us earned so my earnings will be divided some for the needs in the house and the rest for investment.
member
Activity: 658
Merit: 10
July 16, 2018, 10:31:04 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.
simply because they realize the real value of Bitcoin. Actually Bitcoin's value now does not assess its potential in the future. I think the Crypto and Bitcoin markets are being affected by the global economic downturn and are being manipulated by whales. So its true value is still there and I think Bitcoin will grow strongly in 2019...
newbie
Activity: 73
Merit: 0
July 16, 2018, 10:26:22 PM
Because bitcoin is considered to be more profitable than other coins, other altcoin conditions on the coinmarketcap graph follow the bitcoin graph, if the BTC rises then the other rises. In addition, if taken into account the condition of bitcoin in the rising graph has a larger price and is considered very profitable.
If you believe in the future of bitcoin then surely you buy it in the present times because its value is not good enough to sell it, but buy it now is a good strategy.
sr. member
Activity: 462
Merit: 250
July 16, 2018, 09:48:05 PM
Many people remain confident about the development of encryption, and it may be a suitable time to invest in bitcoin at this price.

we invest in crypto must be confident that development will continue to rise and optimistic for growth will always be there when the time has come. yes now the bitcoin price is still at a low level even though it starts creeping again, it's still not too late to buy it and I recommend long-term investment for bitcoin, I'm sure until the end of the year or bitcoin price in the future will be better and higher.
long term investment give us less risk but high profit.but for some people holding is need strong mentality and emotion.especially while looking bitcoin and altcoin price falling.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 16, 2018, 09:35:01 PM
Bitcoin is the future global currency,Who are rational investors or traders buy now because they know in future Bitcoin will be expensive and hard to afford. Bitcoin is pioneer in crypto world and still alive and will be it give laptop life and financial freedom,As we all know most of world facing financial crisis and unemployment increasing hard to create new jobs but Bitcoin give way to utilize skills and earn as you want.
I agree that buying bitcoin now is one of the best thing that a person can do with his money right now because bitcoin is such a great investment because of its limited supply, growing demand and also amazing features which is enough for them to invest their money and keep investing regularly because it is one of the best way to pursue in becoming millionaire.
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
July 16, 2018, 06:04:05 PM
Bitcoin is the future global currency,Who are rational investors or traders buy now because they know in future Bitcoin will be expensive and hard to afford. Bitcoin is pioneer in crypto world and still alive and will be it give laptop life and financial freedom,As we all know most of world facing financial crisis and unemployment increasing hard to create new jobs but Bitcoin give way to utilize skills and earn as you want.
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