Topic: Why people are still buying BTC? - page 36. (Read 13728 times)
While the points you mentioned are true, you shouldn't forget the benefits. It doesn't depend on one leadership figure like Litecoin oder Bitcoin Cash. The tech might suck, yes, but its functioning, unlike some other Top 10 coins at the moment. Plus it will always have the first mover advantage. All this provides security to crypto investors. I see Bitcoin as a sort of digital gold.
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))
Why people are still buying BTC?
because people still believe in bitcoin. the stereotype of bitcoin that will go up every end of the year also make this happen.
people wanna make profit from that situation, they dont really care about the technology (blockchain) behind it. the same thing happen with some clearly "useless coin" that always has buyers.
because people still believe in bitcoin. the stereotype of bitcoin that will go up every end of the year also make this happen.
people wanna make profit from that situation, they dont really care about the technology (blockchain) behind it. the same thing happen with some clearly "useless coin" that always has buyers.
High fees in making transaction with BTC is the main issue that why many alternative currency propose lower fees and many agendas, but people remain to buy BTC for other exchange and payment purposes. People extend to hold BTC cause they are expecting a high profit if ever BTC will inflate in the last months of the year, similar on the occurrence last year. As of now BTC is the basis of most currency in cryptoworld that's why intensity in competition multiply.
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.
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.
Because they still trust bitcoins as easy as that because there are people who put not just trust but faith in bitcoins so even if the bitcoins fall because of what bitcoins have done to them before they still know and hope that the bitcoins will rise up to the top again even if they are having a hard time for a long run now. That is why the bitcoins are still the number one compared to all the cryptocurrency because of the people because of those who so not doubt the capabilities.
The total amount of Bitcoin is constant, but the circulation is decreasing, the mining surplus is decreasing, and all of it can still be appreciated in the long run.
People still believe in bitcoin. Many are still hoping that bitcoin will reach another ATH at the end of the year. I believe that these people including me are putting so much trust in bitcoin that it wont fail and would still give us profit in time.
The question is still relevant, after months. In my opinion people are still keeping the hope that we will face another peak, like in 2017. And they would be able to become rich in one night like in a dream.
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.
Yes many people are still even the cryptocurrency is too weak because they believe that bitcoin will still be able to survive to make them profitable again.
Obviously, the price of it is in the low level and it's getting even more popular. So the moment you will buy bitcoins now, you will have the chanced to get more profits in the future. Just hold it until the last month of this year because surely it will increased and gets high value.
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.
You're stuck in this world of crypto. Reading about this shitcoin and that shitcoin. While then world only heard about bitcoins $20k ATH and futures and how much money early adopters made.
The Bitcoin awareness among the population is growing, but of that population, 80% are still unaware there are other blockchain choices out there. The news where I come from is still bitcoin bitcoin bitcoin!!!
The Bitcoin awareness among the population is growing, but of that population, 80% are still unaware there are other blockchain choices out there. The news where I come from is still bitcoin bitcoin bitcoin!!!
because many people succeed when investing in bitcoin, this bitcoin price drop is just the moment that new investpr awaits by buying bitcoin after they make a purchase then automatically the price will move up, and investors can benefit from that matter
Have you ever planned of doing long term investment and trading? The coin I will dedicate to all investors is bitcoin. People continue to buy bitcoin now and then because of the anticipation that bitcoin will definitely rise in some time to come. Buy bitcoin now and hold for the future. Bitcoin is a beneficial coin and investors must patronize.
Bitcoin is world first cryptocurrency. It's the best cryptocurrency in the modern world. People who understand well about crypto, he must buy bitcoin because the price of bitcoin is rising soon.
I think the price is low that's why they are still buying bitcoin as much as they can. And when will be the price will be high they will sell it. When the price will be high they will have a lot of profit that's why they are still buying bitcoin .
People are still buying BTC for this you should not be worried. The price of BTC randomly changes. Since its one types of currency so its very simple to buy and sell.Yes decreasing of price is a fact of worried but it may increase in course of time. At the mid of 2018 the price of BTC is too lower but day by day it increasing. Keep hope .
people don`t seek a utility or a problem solving matter while investing into btc they just think that they will become millionaires, so the facts that you have provided are irrelevant for most of the investors I guess.
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.
People see the possibility that BTC will rise in the future, so buy BTC!
BTC prices are only related to supply and demand. Many people are optimistic about the future of Blocks and BTC, and believe that it is a good thing and it is valuable!
BTC prices are only related to supply and demand. Many people are optimistic about the future of Blocks and BTC, and believe that it is a good thing and it is valuable!
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