Topic: Why people are still buying BTC? - page 27. (Read 13728 times)
Sorry to say that but I am thinking that you must read the technical literature before making those conclusions, because I cannot agree that 99.9 percent of bitcoins are being held on the exchange wallets.
Interesting part of holding bitcoin is that it will double or triple its value in the near future, As we observed based from history, Bitcoin started from humble beginnings, As the time pass by, Bitcoin proves its importance towards people, It also significantly soar up its value for just a short span of time.
People buy bitcoin because it will grow in value. Analysis shows that growth is bound to be
Because they can get bigger if they hold more bitcoins.
So they buy more bitcoin especially when its price drops because they can buy a bitcoin much cheaper price.
Certainly their losing dumps in previous dumps are only quick to recover when the price of bitcoin increases.
So they buy more bitcoin especially when its price drops because they can buy a bitcoin much cheaper price.
Certainly their losing dumps in previous dumps are only quick to recover when the price of bitcoin increases.
People still buy bitcoins because they think into the future. I think you should get your facts right because of the things can mislead people, especially the upcoming investors. So long as the blockchain technology continues to provide solutions to the numerous transactions challenges, bitcoin will continue to live.
The Goodwill worn by Bitcoin from the people aroud the world from inception where its initiation and Advention was worldwide spread which makes it to be the best notorious coins among all other Cryptos is the reason why people keeps buying Bitcoin, even at Dip, with abstractual belief that it shall surge up and shall never fails, which of course has been working for Bitcoin and makes Bitcoin the leading Coin.
Because they believe that bitcoin could still reach higher than $100k in the future. After resolving regulation issues the bitcoin will grow smoothly again that is why people still buy bitcoin. Aside from that they buy bitcoin for trading purposes.
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
). 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.
Cause we should do the market. The real question, and the market is not sure how much of the future of money will suppose that they you can do it is to say that they belong in your life. I even its own. I even though it in your life. The first place,stabilized and technology o hindi? Hahaha. I believe that they are so many 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
). 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 might get higher income just like what happen lasty year. They buy lot of bitcoin as they can and hold it and wait till end of this year. The value of bitcoin now is low then if the value of bitcoin will rise again like last year end then they will gain income and triple their money.
Yes I agree on that. People are still buying btc because they want to earn, we want to earn, we are all wanted to have more earnings so that we can provides things that is mostly needed on our daily life of living. And I believe that many people are really believe on bitcoin that can give as a huge return of our investment. That is why they are still believe on buying or maybe holding btc for good. 
People are still buying bitcoin because they might get higher income just like what happen lasty year. They buy lot of bitcoin as they can and hold it and wait till end of this year. The value of bitcoin now is low then if the value of bitcoin will rise again like last year end then they will gain income and triple their money.
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 ). 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 answer is simple, it is because people are aware on the potential of the bitcoin. They are aware that the bitcoin can surpass all of its challenges and obstacles. They know that the price of the bitcoin will become more valuable as time passing because many people in different countries are continuing to adapt bitcoin and other virtual currency. 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
). 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 who are willing to buy the Bitcoin at this position is always good because when you compared with the previous year's Bitcoin price increased a lot. Comparing potential of Bitcoin people are showing a lot of interest towards the Bitcoin and they will hold them for another year and they will make some good amount of money.
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 ). 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 buying bitcoin at this time is totally wrong, you can see that bitcoin prices are rising steadily and are now leveling off at $ 6700. This is a very sensitive landmark and the bitcoin price will probably increase or decrease at any time. The market is bearish in the long term so I think the bitcoin price will probably continue to fall deep so you should not buy bitcoin at this time. 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
). 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 investing in bitcoin because they are thinking that it will come soon again on its actual rank which is 1st in the Cryptocurrency market. And also right now the price of BTC is down so people are currently buying BTC and hold untill its price rises and then they will sell them to gain profit.
They are and we are because Bitcoin has value my friend, it is money in the form of digital and most convenient and since we are towards crypto world it is high time to invest into it.
many people still buy bitcoin because they keep using bitcoin as a means of transaction or as their investment, bitcoin will remain the choice of many people because bitcoin is now very famous and become valuable goods such as gold
They still buy bitcoin because they believe that soon it will be very profitable wherein they can have their money double or triple the capital.
They choose to become smart now than because day by day it is really becoming so popular that even ordinary people know the term bitcoin. When time comes and you have a lot of coins meaning you have the chance to become rich and gain more money in bitcoin.
It is simply because people are aware on the future of the bitcoins. Even the price of the bitcoin is still down, investors have trust to the bitcoin that it can overcome its challenges. We can ensure that we can grow our investment if putted our money on bitcoins.
I think they still believed that bitcoin will be a profitable kind of investments despite of decreasing it's value now in the market. And this kind of people are probably more optimistic than the others because they know that by the end of this year, it will be back again at 20k USD or even more.
...
You clearly don't understand bitcoin. Please study.
many people still buy bitcoin because they keep using bitcoin as a means of transaction or as their investment, bitcoin will remain the choice of many people because bitcoin is now very famous and become valuable goods such as gold
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