I always think the word 'never' means past, present, and future. Since I already use bitcoin as a currency to buy coffee, food, you do not seem to have a strong understanding of bitcoin as a concept and how to mine it, please learn it first before making silly statements like you do.
The value of Bitcoin lies in the potential and superiority of Blockchain technology. It is no different than stock or cash when life puts the trust of the user. With the "revolution" that we have mentioned and analyzed on the previous article, it is understandable. It is "peer-to-peer," which is cross-border and has no central control. 
Topic: Why people are still buying BTC? - page 35. (Read 13694 times)
Because the price is low. Everyone wants to make easy money. Buy with the hope that then the price will increase and accordingly you are left in the winnings. But this is a risky thing as bitcoin can lower even lower, or make x20 and then everyone will be happy)
I agree that buying bitcoin now because of the low price will help them to make easy money in the future because this is just a great opportunity for the other people who didn't have bitcoin to get one right now since it is on a huge discount and it is rare and this is the last time for me, to see a price of bitcoin that is lower than $10,000.Yes its cheap now and it may start recovering in coming months so its an golden opportunity for people who wanted to have bitcoin in their wallet but couldn't due to high price in the past but as of now then can buy as price is low now and buying now and holding for next few months or years can yield them best profits so you cannot afford to miss the opportunity to buy it now.
Because the price is low. Everyone wants to make easy money. Buy with the hope that then the price will increase and accordingly you are left in the winnings. But this is a risky thing as bitcoin can lower even lower, or make x20 and then everyone will be happy)
I agree that buying bitcoin now because of the low price will help them to make easy money in the future because this is just a great opportunity for the other people who didn't have bitcoin to get one right now since it is on a huge discount and it is rare and this is the last time for me, to see a price of bitcoin that is lower than $10,000.
I always think the word 'never' means past, present, and future. Since I already use bitcoin as a currency to buy coffee, food, you do not seem to have a strong understanding of bitcoin as a concept and how to mine it, please learn it first before making silly statements like you do.
Because the price is low. Everyone wants to make easy money. Buy with the hope that then the price will increase and accordingly you are left in the winnings. But this is a risky thing as bitcoin can lower even lower, or make x20 and then everyone will be happy)
I agree that buying bitcoin now because of the low price will help them to make easy money in the future because this is just a great opportunity for the other people who didn't have bitcoin to get one right now since it is on a huge discount and it is rare and this is the last time for me, to see a price of bitcoin that is lower than $10,000.
Most investors are buying BTC with the expectation that the market will stabilize soon.The current is down making them putting in much effort to gain some coins and store for selling if the prices spike.No one wants to lose in a business
Because btc has many who know as the best coin to invest. everyone sees btc without looking at the technology. many coins or tokens that have better technology than btc.
Buy bitcoin, because it has a price. And they show with hope that there will be a price increase. People are mercantile. And each determines for himself the optimal entry point to the crypto currency market. Someone analyzes himself, someone uses available analytics. Everybody wants to make money.
Because the price is low. Everyone wants to make easy money. Buy with the hope that then the price will increase and accordingly you are left in the winnings. But this is a risky thing as bitcoin can lower even lower, or make x20 and then everyone will be happy)
for us to buy bitcoin to save money and earn a lot of profit. because for us bitcoin is also our easy investment to get more profit, so I will still believe that bitcoin is also a good future to generate many benefits.
Many reasons are up here which make people to invest and use the Bitcoin. Firstly, the response of Bitcoin no matter how long it takes to recover after a down fall because we know that it is a long term investment. Secondly, profit here is the most and more than all the other currencies that is why it is a better choice of people. Furthermore it showed potential and can be the future currency for most of transactions that is why it is a better sight of people.
All you see are negative issue about bitcoin, open your mind guy's. Asking why people are still buying bitcoin? Becouse there's a lot of opportunities with bitcoin, it helps providing people and extra income. Bitcoin changes our economy, bitcoin help many people to have part time and full time job to do bitcoin, and there's a lot of thing's to do with bitcoin.
People continue to invest in Bitcoin because of the benefits it can give to people especially to every investors. They believe that it has a good potential and will continue to grow in the market. Earning huge profit in bitcoin is the reason why investors continue to patronize bitcoin.
I agree and people think it a good assets that can very useful for the the future, So people keep buying bitcoin even its on dip and I think that is the good strategy to buy bitcoin at the low price since bitcoin is very volatile they know they can double their capital. 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.
Those peoples who is still buying bitcoin as their coin is those person who's still believing in bitcoin, they are believing that after all the dump's that bitcoin experience it will soar again at its best and make itseld great againTo 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.
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're still buying bitcoin because they believe it will rise again and it is only temporary the status of bitcoin price right now. They only take advantage to buy bitcoin in a lower price and hold the coin until the price high. Or they have different reasons to but it, it based on their plan or strategies.
because they know bitcoin will continue to grow and will continue to increase so if invested in bitcoin will remain profitable and I think that's the reason why people are still buying bitcoin
I think they already know the early bitcoin story appears, from the price of $ 100 to $ 15k. so people are speculating bitcoin prices could be over $ 15k
Yes, and it is possible. I believe on that, bitcoin will back to his normal price and all of us will be happy.
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.
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.
I agree that! If bitcoin just have lost his value it is not mean the Bitcoin is dying. All the things on this market is always cycling, so I can say I am keeping calm.
There are many ways to invest bitcoin gold, and you can exchange the gold or coin
I think they already know the early bitcoin story appears, from the price of $ 100 to $ 15k. so people are speculating bitcoin prices could be over $ 15k
People are still buying bitcoin because they believe in further price growth. And Bitcoin has made many millionaires and billionaires only by trusting and investing on this technology. So I think that it's okay that people still buying bitcoins and doesn't matter what reason.
It's funny, this topic is 2013 and the author dissuades buying bitcoin)) 
His price then (April 19, 2013) was about $ 130, and now about $ 6000. In my opinion, this is a very good investment))Jump to: