Topic: Why people are still buying BTC? - page 41. (Read 13729 times)
Hmm that is really quite unfortunate on your side. The coin is reason why you are among this forum. So that alone should tell you why people still invest in bitcoin if only you can answer yourself why you are are in this forum. I am pretty sure that if you had much bitcoin as you anticipated, You would be praising bitcoin now. It has potential just that it requires some important modifications.
Many people still buying BTC because they want easy money. I am one of those who wanted to earn profit from crypto. I also witness how it works that is why until now I'm dreaming bitcoin will suddenly pump up to fulfill my needs:)
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 I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits.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.
For now, the.bitcoin is at its low point, so I suggest this is the best time to buy bitcoin so when the time it got back to its original value, you can have earnings at its best too
Everyone expects the growth of bitcoin because of its capitalization is growing.Maybe digital money will not replace Fiat money but in any case their impact will increase
Well most of the people yeah. The thing is we forgot what really matters, why bitcoin is here... It is not to make some people millionaires but to set us free, set us free from governments that follow our every single step.
Everyone expects the growth of bitcoin because of its capitalization is growing.Maybe digital money will not replace Fiat money but in any case their impact will increase
The only catch in this question is because of the profitability that's why people continues to buy bitcoin. And indeed this investment is very worth buying and holding. Even me i would still invest for a high rate profitability.
Peoples always looking for opportunity and profits. Bitcoin give that opportunity because bitcoin is long term investment. With bitcoin price condition right now, its an opportunity to make big profits because its lower more than 60% from highest.
Because they believe that bitcoin is a coin that will continue to benefit and will soon recover and rise again and people will still buy bitcoin because bitcoin prices are now down
This is heck truth and I believe the same. Bitcoin is the future international currency and so many people are still investing in it because they know it is going to be profitable in future and irrespective of the little bit risk associated to the currency, they prefer the future profit and invest their money. One thing I always love to mention is that if you do not sell any Bitcoin in red market, you will not loose money.
Like John Mcafee said in one of his videos on twitter lately: You got to be a visionary to see where Bitcoin and cryptocurrency is going. `Most people see that bitcoin dropped from 20K to 7K and freak out and tell others how shit and dead bitcoin is, but visionaries see that bitcoin will go over 100.000 usd a piece and that bitcoin grew with massive growth since its creation.
The only catch in this question is because of the profitability that's why people continues to buy bitcoin. And indeed this investment is very worth buying and holding. Even me i would still invest for a high rate profitability.
Peoples always looking for opportunity and profits. Bitcoin give that opportunity because bitcoin is long term investment. With bitcoin price condition right now, its an opportunity to make big profits because its lower more than 60% from highest.
People buy bitcoin in order to make money on its subsequent sale after its price rises.
Exactly they want to get more profit for the next pump of the price of it. We all know that the price was not fixed means atfter the rise there is a possibility that the price will fall again, thenbthats the time they will buy bitcoin again invest it until they get profit from it.It is just only for those people who understand what is pump and dump techniques but there are always those people who are newbies and buy only because they believe that it would make them rich.
But if these newbies study how can these movement be so volatile, they can be used to it. If you are really aware of what is happening and what might happen, Bitcoin can really make you rich and that is not only Bitcoin, there are a lot of other crypto currencies that can make investors and traders rich. Even though it can make people rich, it is not that easy as we say it.
Probably because bitcoin can still be trusted under any circumstances and should be trusted because it is proven in any way that bitcoin will be profitable.
and bitcoin is great for investing and now is a good time to buy it because the price is so cheap.
and bitcoin is great for investing and now is a good time to buy it because the price is so cheap.
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 the bitcoins are still the number one the king of the cryptocurrency nothing can beat them in this time because of the perks of being the first in the league. Of course before theybare weak too butbas time goes by a lot of people are recognizing them and loving them and now they have a lot of people all around the world. And of course new cryptocurrency are gonna have a hard time gaining people because the trust of the people will always be on bitcoins people are loyal that is their instincts
People buy bitcoin in order to make money on its subsequent sale after its price rises.
Exactly they want to get more profit for the next pump of the price of it. We all know that the price was not fixed means atfter the rise there is a possibility that the price will fall again, thenbthats the time they will buy bitcoin again invest it until they get profit from it.It is just only for those people who understand what is pump and dump techniques but there are always those people who are newbies and buy only because they believe that it would make them rich.
The only catch in this question is because of the profitability that's why people continues to buy bitcoin. And indeed this investment is very worth buying and holding. Even me i would still invest for a high rate profitability.
In my opinion bitcoin is a good investment for longer term or event short term investment. There is no doubt about it and this is the main reason why bitcoin is still trusted and still the number 1 coin in the cryptocurrency.
Peoples don't have another way for getting any cryptocurrency because when you want to buy any coin firstly you have to get Bitcoin (there are other ways but Bitcoin is the best) then you can buy.
In addition now Bitcoin's price is so cheap and everybody want to earn same money.
Also Bitcoin proved itself unlike the other scam projects.
People are better know that bitcoin can change their life and their price will more high because it does not matter that bitcoin price is now low rather it will again high and people will get alot of profit in future and that is why they hold their money for long term and now they want to buy more bitcoin because it will give them best profit.In addition now Bitcoin's price is so cheap and everybody want to earn same money.
Also Bitcoin proved itself unlike the other scam projects.
Peoples don't have another way for getting any cryptocurrency because when you want to buy any coin firstly you have to get Bitcoin (there are other ways but Bitcoin is the best) then you can buy.
In addition now Bitcoin's price is so cheap and everybody want to earn same money.
Also Bitcoin proved itself unlike the other scam projects.
People are better know that bitcoin can change their life and their price will more high because it does not matter that bitcoin price is now low rather it will again high and people will get alot of profit in future and that is why they hold their money for long term and now they want to buy more bitcoin because it will give them best profit.In addition now Bitcoin's price is so cheap and everybody want to earn same money.
Also Bitcoin proved itself unlike the other scam projects.
Yes, bitcoin price now continue to decrease and this is the right time to buy and hold, many investors are doing this strategies for so many years now and this is the reason why they keep buying more bitcoins.
Peoples don't have another way for getting any cryptocurrency because when you want to buy any coin firstly you have to get Bitcoin (there are other ways but Bitcoin is the best) then you can buy.
In addition now Bitcoin's price is so cheap and everybody want to earn same money.
Also Bitcoin proved itself unlike the other scam projects.
People are better know that bitcoin can change their life and their price will more high because it does not matter that bitcoin price is now low rather it will again high and people will get alot of profit in future and that is why they hold their money for long term and now they want to buy more bitcoin because it will give them best profit. In addition now Bitcoin's price is so cheap and everybody want to earn same money.
Also Bitcoin proved itself unlike the other scam projects.
Peoples don't have another way for getting any cryptocurrency because when you want to buy any coin firstly you have to get Bitcoin (there are other ways but Bitcoin is the best) then you can buy.
In addition now Bitcoin's price is so cheap and everybody want to earn same money.
Also Bitcoin proved itself unlike the other scam projects.
In addition now Bitcoin's price is so cheap and everybody want to earn same money.
Also Bitcoin proved itself unlike the other scam projects.
Bitcoin is like a good witch, it make you come over and over again, it is almost an addiction for crypto. Could it be something simmilar with the fortune games addiction?
I have this addiction in crypto, I don't miss a single day without reading news and updates about crypto world, I can't miss that, I like so much crypto and especially bitcoin, because it helped me a lot as an investment and as an additional money, I don't think that people can stop buying bitcoin, because they believe that bitcoin will make them rich in the future, It's really a very good opportunity for them to buy a lot of bitcoin now and to make a huge profit later.Jump to: