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Topic: Why people are still buying BTC? - page 51. (Read 13728 times)

hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
June 06, 2018, 04:21:44 AM
The bitcoin is getting dipper into social media platforms, being advertised and that is the reason why it has more audience right who are interested in this cryptocurrency now.
We are observing that people are still investing in Bitcoin and the reason for this can only be the achievable and affordable market or in other words a favorable market. the market is recording investments these days too and this is the opportunity for people to get benefited with the Bitcoin in a low market because Bitcoin benefits you more in a low market rather than a normal market.
many reasons why people buy bitcoin, even if the price goes up, or goes down. but, the main reason is, as an investment tool. of course, to date, bitcoin is still rated as the best investment tool in the crpyto world.
sr. member
Activity: 423
Merit: 250
June 06, 2018, 04:10:50 AM
The bitcoin is getting dipper into social media platforms, being advertised and that is the reason why it has more audience right who are interested in this cryptocurrency now.
We are observing that people are still investing in Bitcoin and the reason for this can only be the achievable and affordable market or in other words a favorable market. the market is recording investments these days too and this is the opportunity for people to get benefited with the Bitcoin in a low market because Bitcoin benefits you more in a low market rather than a normal market.
sr. member
Activity: 2268
Merit: 275
June 06, 2018, 03:34:26 AM
In my view people are still buying Bitcoin because this currency is a futures investment. People can make money from buying Bitcoins at low prices and selling them at high prices. Bitcoin's popularity is not just the cause of people still buying Bitcoin but it can be used just like fiat money as it can be used as payment.
newbie
Activity: 406
Merit: 0
June 06, 2018, 03:27:51 AM
People are still buying bitcoin because they are wise people who looks for a bright future.People are still buying Bitcoin even though they know that bitcoin value is now a very low and falling bitcoin because of that they see that they have the potential and they see that they can get a lot of money here if they buy bitcoin
member
Activity: 322
Merit: 12
June 06, 2018, 03:13:56 AM
People are still buying bitcoin because they are wise people who looks for a bright future. And because they believed that bitcoin is really worth to wait because it has a big potential to become more popular each day and will surely soar in the market and most of all it will stay and last, to be enjoyed by everyone who understands and interested in joining.
full member
Activity: 1890
Merit: 101
June 06, 2018, 03:13:29 AM
this question reminds me of one that is "why are you smoking", and I say "this is my requirement", Indeed it's very different from buying Bitcoin,
but I will continue to buy Bitcoin when the price is good because I have felt the benefits and benefits of Bitcoin as it makes me addicted...
member
Activity: 237
Merit: 10
June 06, 2018, 03:00:37 AM
People are still buying BITCOIN because they still believe that BTC will go up again in the market.
not just that, they also know  that bitcoin is really worth holding and it is the future of the currency.
member
Activity: 332
Merit: 12
June 06, 2018, 02:57:47 AM
People are still buying btc because they found out that only btc can make their dreams come true. BTC is now the most interesting coin in the crypto currency feild and it can really give us a huge return from our investment. I think we only need to believe in bitcoin and wait for the upcoming more opportunity of buying because if we can buy it in a verry cheap price, maybe we can become more profitable in the near future.
If Bitcoin acted a responsive less currency then it would not be the popular and a reputed currency out there in the market. Due to the response of this coin people like it and want it close to their selves in everything related to money. This is an easy and has frictionless transaction system which is the major factor of its popularity and which make its value higher.
full member
Activity: 448
Merit: 232
June 06, 2018, 02:23:51 AM
Investors, of course, have a reason to buy crypto-currencies: for now all the trends that we observe are a move upward. Moreover, the growth in the cost of bitcoin is not limited, because this currency has limit of 21 million coins. You can buy bitcoins today if you are ready to take risks. However, you should not invest the last money here, take loans and buy bitcoins in debt.
jr. member
Activity: 178
Merit: 1
June 06, 2018, 02:12:45 AM
people still choose bitcoin in my opinion because the most famous bitcoin, the first coin in cryptocurrency, has the highest value and already has a large community and market. and some investors believe bitcoin will give big profits like last year. if i now prefer altcoin than bitcoin. because. now the bitcoin value tends to fall and the movement of its value is very small. better now we try to invest in cheaper altcoin and move its value very quickly.
hero member
Activity: 806
Merit: 503
June 06, 2018, 01:40:46 AM
People are still buying in bitcoin because they still believe in it. They believe its stability and since it is still the most popular digital coin and it is easily exchanged by fiat money so why not invest in it. though it keeps on lowering down the price but the important thing here is the normal trends of value in the coin cap market due to its supply and demands.

I agree and people see bitcoin as the new gold even the value declined due to bans and regulations of some country and shutting down some crypto currency exchanges. . They still believe in bitcoins future.  I think that digital currency is still young and has a long way to go. We should also know the risk that bitcoin could fall that is why we should diversify or rather not put all in our money through bitcoin.
full member
Activity: 414
Merit: 107
June 06, 2018, 01:13:52 AM
People always choose the profitable site, day by day bitcoin is becoming the most influential platform for making profit within a short time so that people prefer Bitcoin as safe and sound investment. That’s why they are going to be attached to this platform day by day.
sr. member
Activity: 586
Merit: 250
June 05, 2018, 11:45:55 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.

I'm sure that the main reason people are still buying bitcoin because they are convinced that bitcoin prices will continue to improve and gain profit, without making a profit it will be difficult for people to buy bitcoin.
full member
Activity: 350
Merit: 102
June 05, 2018, 10:53:10 PM
People are still buying Bitcoin even though they know that bitcoin value is now a very low and falling bitcoin because of that they see that they have the potential and they see that they can get a lot of money here if they buy bitcoin.
newbie
Activity: 196
Merit: 0
June 05, 2018, 09:58:32 PM
People are still buying in bitcoin because they still believe in it. They believe its stability and since it is still the most popular digital coin and it is easily exchanged by fiat money so why not invest in it. though it keeps on lowering down the price but the important thing here is the normal trends of value in the coin cap market due to its supply and demands.
member
Activity: 261
Merit: 10
June 05, 2018, 06:02:16 PM
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.

Yes I agree to you different people have different preferences. For me I use to prefer debit card than credit card because  Big advantage if you have a cash on your hands.  If you want to buy something you have a cash on hand.
hero member
Activity: 1078
Merit: 501
June 05, 2018, 05:53:47 PM
I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc,

Why on earth did you waste those hours?

Is this how you earn govt currency as well, or do you suppose there's a better way?

Please tell me you don't think bitcoin is useless because you can't make a decent Bitcoin income looking at advertising sites.
Bitcoin are now trending on media's, This is marketing strategy wherein people touches their hearts and mind to find alternative way to earn easy money, But in the reality, There's a big risks behind. If you do not know well how to manipulate trading investment then it will be a huge loss.
Well you are right everyone is chasing profit now a day people want to get huge income and increase their status of life, so I think bitcoin is the source of making all dreams come true, as well as risk concerned so it is part of life we will have to be ready to face any risk, and if you will trade wisely and on right time then I am sure you will never suffer any lose but you will only earn from it. Thanks to bitcoin for changing my life and giving me the best profit ever.
sr. member
Activity: 518
Merit: 250
June 05, 2018, 05:19:56 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.

Bitcoin as currency. Many establishment accept this as a mode of payment, transactions are so fast, you can pay without a  10 minutes. I've been using it for more than two years. Many people who invest with bitcoin become profitable. The investment grown and grown making more players to invest with this. Invesmnet and fast way of transaction? who does not weant it? It just a two things that bitcoin does.








member
Activity: 241
Merit: 10
June 05, 2018, 03:10:48 PM
The collapse of Bitcoin was announced for 89 times. Crypto currency was called an unsuccessful experiment. The media urged users to forget about Bitcoin, and developers - to look for more promising projects. But btc is still here! it is alive!
member
Activity: 107
Merit: 36
June 05, 2018, 02:14:28 PM
Bitcoin is known worldwide over altcoin, if you are new to the world of crypto surely you should invest with bitcoin at first and then make some discovery to other coins. We already know that bitcoin has a good market trend and a very large coin that makes people encourage to invest here.
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