Why people are still buying BTC? - page 33.

Rambogae

newbie

Activity: 50

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Quote from: ChaChaiTL on June 13, 2018, 10:41:01 PM

People still buy bitcoin despite the recent average bitcoin price because they see the potential as well as the development of bitcoin in the future, the bitcoin price is right for us if buy bitcoin so people are still buying BTC

I think I make a good plan and make sure that you use your extra money just in case there is a big downfall, you are still ready to hold and will patiently wait until you reach your target.
By the way the market works from now on it seems to do the same thing might be a good idea, buy bitcoin to invest with players who have a bit of a downturn and take advantage of it, all going back to the original value after a few months of buying only while you still have more chances good

MrRiuss

member

Activity: 317

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people are still buying BTC because they hope BTC will go up and make benefit from it. they hope it will fly with no limit

Farhan786

member

Activity: 308

Merit: 10

People still buying bitcoin because:
1. This coming month the price of bitcoin is going high.
2. Bitcoin profits bring in a short time for many investors to make their lives change.
3. people really would like to invest in bitcoin for a long term investment.

MetalGear

sr. member

Activity: 714

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Quote from: Taz on April 19, 2013, 03:08:00 PM

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.

Indeed, there are many reasons why people keep on buying bitcoin and we all know that bitcoin will really give us a lot of opportunities so that I think it is the main reason why they still buying bitcoin. In addition to that, buying bitcoin will give you a lot of benefits in the near future so that you must buy now and become rich in the near future.

cryptoguy1234

newbie

Activity: 129

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I imagine that the motivation behind why individuals are as yet purchasing cryptographic forms of money in spite of the huge misfortunes that some have endured is on the grounds that they see the potential in this industry and the several developments that this industry can offer to the world which can take care of genuine issues that we at present have and issues fathomed is equivalent to individuals paying for the arrangement which consequently can make great benefits for the financial specialists. Another reason would be the prospect of profiting less demanding than the conventional way or the possibility of becoming showbiz royalty.

Norihiro

full member

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APOLLOX Protocol

For me it's easily understandable - they believe in the whole thing and the fact that crypto can bring them profits and positively affect the world as well.

Promipunit

newbie

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Those who have confidence and knowledge regarding bitcoin/crypto are still buying it because they know about its potential. Those who held bitcoin from 2013, were handsomely rewarded by bitcoin in 2016-17. And those who will hold it now will be rewarded in future. You just need to be patient because good things take time.

hahay

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: MrGaSp on July 01, 2018, 03:07:49 PM

People are still buying bitcoin because they are aware about its potential and they have belief that it will reach to the moon in near future and short term fluctuations and short term ups and downs won't affect the mindset of people who genuinely believes in bitcoin and they have hope that bitcoin can make them rich in future which may not be possible from other investments.

Indeed, if someone already has high confidence with the potential of bitcoin then surely they will still buy bitcoin even though the bitcoin prices are unstable and have fallen quickly as we know, and then they hold for a long time without having a sense of panic approaching it.

Tatsuyashiba

jr. member

Activity: 147

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In essence they still believe in bitcoin and buy bitcoin. They want to make a profit for the future and use bitcoin as a means of transaction because the reason bitcoin is easy to use and secure.

MrGaSp

sr. member

Activity: 418

Merit: 253

People are still buying bitcoin because they are aware about its potential and they have belief that it will reach to the moon in near future and short term fluctuations and short term ups and downs won't affect the mindset of people who genuinely believes in bitcoin and they have hope that bitcoin can make them rich in future which may not be possible from other investments.

talenah kotang

newbie

Activity: 182

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because btc is a profitable future asset, let alone the technology provided better than the bank, from the security system is also better.

slocker

full member

Activity: 490

Merit: 134

Maybe many are buying cuz they see something in bitcoin or any other crypto that have good reputation (i dont think in ICOs). Bitcoin evidently evolved in pas years and we saw that many are adoption crypto technology and this is only one step toward full adoption globally. Maybe this is one of the reason that are many buying bitcoin.

Vineeta2october

jr. member

Activity: 90

Merit: 1

Quote from: naphto on April 19, 2013, 03:04:15 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 post if from 2013 and I think that the perso who asked this got his answer from the market movement earlier in 2016-17.

For those who are still asking the same question, I would suggest that try to be in the shoes of this person who asked this question and get your answer too. Bitcoin ian't useless. Of course this is bearish market but it is a normal part of any market. There would be bullish market too. Soon.

mel1978

full member

Activity: 518

Merit: 101

Quote from: naphto on April 19, 2013, 03:04:15 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 truly believe of the good future with bitcoins. A lot of people are became rich because of holding bitcoins so if someone bought bitcoin then holding it for a long time, there is a big possibility of becoming rich. Bitcoin is the best coin in the world of crypto so better save and hold bitcoins.

aishyoo17

sr. member

Activity: 490

Merit: 250

Quote from: JRoa on July 01, 2018, 10:01:52 AM

Quote from: naphto on April 19, 2013, 03:04:15 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.

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.

You right that people keeps on buying bitcoin because they know or they read somewhere that bitcoin will be valuable in the time passing but I think we should also consider that bitcoin is not just an alternative currency but also a technology that is slowing getting name in the mainstream just like what happened to the internet, bitcoin is an innovation and it is going to be widely use in the future.

Truefaithfire29

newbie

Activity: 43

Merit: 0

Well its very clear pridection bitcoin has potenial growth in the future as I say, so that any agruement from negative trust about bitcoin future is useless becuase many viewres are also agreed to the brighter future of bitcoin why still continue to grow despite some nation will not friendly user for bitcoin ,

JRoa

full member

Activity: 528

Merit: 100

Quote from: naphto on April 19, 2013, 03:04:15 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.

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.

didik12

member

Activity: 124

Merit: 10

Because a lot people still hoping that the price of bitcoin will recover soon. Bitcoin gives to all a benifits not only a benifits nuts give to all a extra in come and job. If you have no work bitcoin is there to help you to earn and to gain money.

connexus

hero member

Activity: 774

Merit: 503

people do still buy bitcoin is because of the possible esrning or profit we might earn in long term investment. With those investments earnings might occur in long term holding.

rapidleech

hero member

Activity: 756

Merit: 500

Because people still believe in bitcoin and still want to use it and I think people who use bitcoin are people who depend on bitcoin, because they have nothing else to do but look for bitcoin.

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