Topic: Why people are still buying BTC? - page 28. (Read 13694 times)
Because they are still believing to the capability of bitcoin.and they think this is one way to raise their life from poverty. Also bitcoin is more profitable than any investments.
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 I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits.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.
Yes , I am doing the same what you are saying , because I know very well that what the bitcoin is and how much I can make in the incoming time of the years without do anything , here I need to buy at this dump and now just wait for the time at the end of this year and j will see that magic to make profit by doing nothing .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.
In the present time lots of banking sector are trying to implement the technology of blockchain which is used in the bitcoin algorithm to make banking system more improved .
So here clearly it is good for us that we understand the technology of the bitcoin and take the advantage of the opportunity to buy and hold it for long term hodl so that we can make big earnings in the future without much hard work .
Beside bitcoin there are lots of coins which are also better to have as a long term investment like ltc , dash , etherium etc .
why do people still buy bitcoin?
which inevitably the future of bitcoin popularity is increasingly widespread in the eyes of the public and there are still many people who believe in its growth and by buying bitcoin as a promising asset and will be able to change someone's life better. especially now that the price of bitcoin suffered a deep correction and made the price to be quite low, an opportunity also for people who have minimal capital to buy it because maybe only today bitcoin experienced a correction like lately.
which inevitably the future of bitcoin popularity is increasingly widespread in the eyes of the public and there are still many people who believe in its growth and by buying bitcoin as a promising asset and will be able to change someone's life better. especially now that the price of bitcoin suffered a deep correction and made the price to be quite low, an opportunity also for people who have minimal capital to buy it because maybe only today bitcoin experienced a correction like lately.
because of the low price i guess.
people are still buying bitcoin because they have the idea that it is going to be boom again and the reason of regretting why we didn t buy then scary them so this is the main reason.
Right now the bitcoin price value is at 6500 USD compared to its valuation a few months ago at 20,000 us dollars which means according to the Elliot analysis phase it is at its lower correction phase and the best time to buy the coins before the phase is over and people start buying and increase the price again.
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.
This post really tells me how hard it was for people who adopted btc in its early stages. it seemed that there was no clear future for btc then 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 believe in bitcoin and future of bitcoin growth and even at the downtrend they have complete faith in bitcoin
I think this will be obvious as long as BTC will remain the top 1 crypto currency 
The just want something really reliable, and that's the most reliable thing out there in crypto.
Being the most popular and highest value crypto currency, people always go for Bitcoin because it has a very huge profit even in a smaller variation of price increase and another thing is that mostly traders make bitcoin as their starter kit to buy those Altcoin they want to buy. With the increasing popularity of crypto currency and the blockchain technology the people realize that bitcoin have the potential to be the future of people's money. The just want something really reliable, and that's the most reliable thing out there in crypto.Very very true
Bitcoin is the future global currency,People who have long term planning and educated about crypto and economy they know that in future Bitcoin will be legal over all the globe and its value will be hit on sky.This is good time to buy Bitcoin because now Bitcoin is affordable and hold with patience till meet the maximum profit.
I can understand those who are still buying BTC because it is a good investment for the long-term. I think if you hold it for the long-term in the future you will be able to earn much more than if to sell now.
Yes it is. BTC will reach 50 k this year.
Bitcoin is what - will give and give us the future. And he's only gaining in popularity, tmo people will buy it now and then, until it's over.
People purchase Bitcoin because they still remember what happened in 2017. During that year, the exchange rates went up from $1,000 per coin to $20,000 per coin. And don't forget about 2013. During that year, we had a 240x price increase.
because bitcoin has a good future and everyone buys bitcoin just one hope of making a profit,and people know that bitcoin is very potential and bitcoin are also suitable for long-term investments.some bitcoin trading has become the main job.
Because BTC still has a price to be bought and has a price to be sold (Profit). I say that because BTC is currently a digital currency that will make many changes. The advantage of BTC is still with us. Wait 2 years ahead I am very sure BTC will increase again. And this answer makes everyone who knows it will be sure to buy BTC.
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.Bitcoin can still be trusted because they believe bitcoin will definitely rise from adversity and believe in the coming months bitcoin will rise again
Different people have different preferences. Just like how some people prefer to use cash when dealing, some prefer debit card, some credit card and etc. Each method have their advantages and disadvantages, but people still use them. Same argument for bitcoins.
They still buying btc because they have money to invest and they believe that btc has potential to help them achieve thier goals. There are lots of reason why they invest and maybe we only have common reason. BTC been experienced crisis yet still able to recover.
Many investors are still buying bitcoins because bitcoin has been proven to provide profit and if the price of falling bitcoin it will soon recover and increase again so patiently we will still get a profit.Bitcoin will continue to grow so it will have an ever-increasing price and profit.
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.
For me, I think that the reason why people are still buying crypto currencies despite the big losses that some have suffered is because they see the potential in this industry and the hundreds of innovations that this industry can offer to the world which can solve real problems that we currently have and problems solved is equal to people paying for the solution which in return can make good profits for the investors. Another reason would be the thought of making money easier than the traditional way or the thought of hitting it big.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 do still buy bitcoin because they believe and trust on the high rate of returns that they can get from investing in bitcoin. Even me i would still invest specially now is the downfall it is good to buy bitcoin at a lower cost and keep it for long term.
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