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Topic: Why people are still buying BTC? - page 46. (Read 13728 times)

member
Activity: 308
Merit: 10
June 13, 2018, 05:41:37 PM
A lot of people use it as payment method. There are traders and forums that accept only BTC as form of payment and also this way you support the movement which is a good thing.
Not only that but the recent surge that was witnessed due to rise in the monetary values of Bitcoin and also rise in the stability is worth mentioning. This stability was the reason the market suddenly went hot and started attracting investments. Besides, the coin is not only used for the purpose of earning money but also for the sake of saving money and money saved is equal to money earned.
Yes that is why many people should invest in this currency as well as a lot of people are still buy bitcoin because they know its price will more high and its profit will also big and the other way bitcoin is the best way to save money as you want because if people save their money in other way so maybe it will risky or panic.
hero member
Activity: 2408
Merit: 584
June 13, 2018, 05:32:34 PM
A lot of people use it as payment method. There are traders and forums that accept only BTC as form of payment and also this way you support the movement which is a good thing.
Not only that but the recent surge that was witnessed due to rise in the monetary values of Bitcoin and also rise in the stability is worth mentioning. This stability was the reason the market suddenly went hot and started attracting investments. Besides, the coin is not only used for the purpose of earning money but also for the sake of saving money and money saved is equal to money earned.
jr. member
Activity: 182
Merit: 1
June 13, 2018, 10:05:20 AM
People are investing in bitcoins because they see the potential and the benefits that bitcoins bring to them. They recognize the value of bitcoins for the investment and economy of their families.
member
Activity: 280
Merit: 10
June 13, 2018, 09:53:15 AM
People invest in bitcoin, like in any other crypto currency, cause it is very volatile. I am sure it will bring the investors a big profit by the end of the year.
sr. member
Activity: 547
Merit: 250
June 13, 2018, 09:29:41 AM
A lot of people use it as payment method. There are traders and forums that accept only BTC as form of payment and also this way you support the movement which is a good thing.
newbie
Activity: 17
Merit: 0
June 13, 2018, 08:54:27 AM
"Bitcoin is useless"

Then go somewhere else... ?
Why?


Look up at the name of the website you are using: bitcointalk.org

If you have no use for bitcoins, then maybe you should ask yourself why you are here on a bitcoin site? Trolling perhaps?

Could you go into a bit more detail what you were spending hours on that gave you such a low return? Then you should ask yourself what you did to get any dollars you have? Maybe you could do the same thing in exchange for some bitcoins?

Because they used for their investment especially when bitcoin goes down in its price more investor buy bitcoon for the purpose of their future.
full member
Activity: 350
Merit: 105
June 13, 2018, 08:20:22 AM
We are still buying bitcoin if we have extra money because we have positive thinking that one day bitcoin will give us good profit to make our lives better. Don’t you get it but the reason we are going to invest more is for our future.
member
Activity: 271
Merit: 10
June 13, 2018, 07:56:21 AM
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.
You are totally right! People who have the passion to do and continue doing Bitcoin must have the passion and not easily believe on what other negative people think about Bitcoin. People must choose the right path to take and right campaign  to choose. People must believe that in the right time Bitcoin's value will no longer low and will be successful in the near future. Its not the end it just the beginning od Bitcoins journey.
member
Activity: 266
Merit: 10
June 13, 2018, 07:55:54 AM
Despite the success of bitcoin, 95% of the other crypto currency expects the same collapse as the dotcoms overtook in the late 90's. However, those currencies that will survive will grow strongly in value. Experts believe that this will happen within 4-6 months.
sr. member
Activity: 1050
Merit: 277
June 13, 2018, 06:56:59 AM
because bitcoin and cryptocurrencies are still one of the most profitable items in the world. check the prices of 2017 and 2018. you will see the profits of investors and holders. there is no such an alternative investing that gives that much returns.
sr. member
Activity: 1778
Merit: 309
June 13, 2018, 05:52:45 AM
As of now, it is pretty cheap and that is the reason why the people are still buying bitcoin because they know that there is a chance for bitcoin to have huge pump in the future and that is the reason for me also to hold my bitcoins and other altcoins even though i am experiencing a huge loss because of the dips and i hope everything will go well again.
member
Activity: 320
Merit: 10
June 13, 2018, 05:24:47 AM
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.

They bought bitcoin simply because they believe in bitcoin, they believe that bitcoin will pump sooner or later. Bitcoin is a promising coin that's why they buy bitcoin and then hold it for a long time, and then selling it when the price is high. That's the people strategy.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
June 13, 2018, 03:57:45 AM
People are still buying bitcoin hoping to find good future by having a good profit,i n spite of the irregularity of its value and many negative comment are coming this signifies that bitcoin is indeed capturing many investor and still great through the years.
because they need it. they keep buying bitcoin because they see a great chance at it. maybe everyone has a principle, and different reasons when buying bitcoins. but the goal is to make a profit.
hero member
Activity: 700
Merit: 553
June 13, 2018, 03:38:19 AM
People are still buying bitcoin hoping to find good future by having a good profit,i n spite of the irregularity of its value and many negative comment are coming this signifies that bitcoin is indeed capturing many investor and still great through the years.
full member
Activity: 350
Merit: 100
June 13, 2018, 03:34:02 AM
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.
Cause bitcoin can lift the future of cryptocurrency whales, but we should check the future, but its my account so that bitcoin will be risen by more than one will give a new wallet. I think that they belong. Cause bitcoin can be used to buy it. I feel so bad for me, the future of cryptocurrency is really amazing in now so they use it
member
Activity: 238
Merit: 10
June 13, 2018, 03:28:34 AM
People still buying BTC  because they believe that bitcoin can give them good earnings in the future, if they will buy now in low value and then sell it in high value then they can receive huge profits.
newbie
Activity: 294
Merit: 0
June 13, 2018, 02:21:45 AM
a lot of people who buy bitcoin because maybe I think they can still benefit from bitcoin just imagine you make this thread in 2013 while now in 2018 you must regret for selling bitcoin too fast.
most of them want to speculate with their money , in order get profits from bitcoin price rises.buy on low and sell on high or exspensive price.they believe bitcoin will give them high return from their asset.
newbie
Activity: 11
Merit: 0
June 13, 2018, 02:16:18 AM
Bitcoin has potential in the long-term time, especially in transaction method.
full member
Activity: 364
Merit: 100
June 13, 2018, 01:43:40 AM
a lot of people who buy bitcoin because maybe I think they can still benefit from bitcoin just imagine you make this thread in 2013 while now in 2018 you must regret for selling bitcoin too fast.
newbie
Activity: 148
Merit: 0
June 13, 2018, 12:49:48 AM
I feel safe. Has long been the captain of cryptocurrency.
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