Because new people who want to invest in bitcoin want to try it and in the end they buy bitcoin. But not just new people, I'm sure many people still believe in bitcoin for the future.
yes, because of the popularity of bitcoin everyone will be tempted to buy it. let alone have a lot of success by buying bitcoin. other than that bitcoin is one of the best coins. Especially for investment, bitcoin is very appropriate for investment. 
Topic: Why people are still buying BTC? - page 52. (Read 13694 times)
Because new people who want to invest in bitcoin want to try it and in the end they buy bitcoin. But not just new people, I'm sure many people still believe in bitcoin for the future.
People will always buy bitcoin, because now it is better than the SnP 500 index. And people believe in its growth.
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 I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits.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.
Many people are still buying bitcoin because they know it will still be worth it soon even though right now you can see it is a stupid decision. Way back, many people became regretful about not believing in bitcoin wherein they sold all they have after a hard dump but then all of a sudden, a pump occured that exceeded everyone's expectation leaving those people who held their bitcoin benefit a lot from it.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.
I think far more people are sitting on losses than you realize. People were buying all the way up from $5,000 to $19,000, which happened in less than a year. And the higher it went, the more attention it got and the more people that piled into it. Then it crashed hard and it's been routinely below $10,000 for over the past couple months and isn't able to break above that. Heck, it can't even hold above $8,000 right now. All those people who bought in above $8,000 are sitting on losses, which correspond to the time when the most people were buying. So my view of things is that a great many people have been burned, and there aren't enough new people coming into Bitcoin to move the price up. The pool of potential investors is not growing, which is not good for price appreciation, but may be good for price consistency.
in my opinion because they see the bright prospect of bitcoin. and many benefits can be obtained from bitcoin
I was quite surprised by the creation of this thread, this is very long time ago and I think while making bitcoin price thread is still around $ 300, I also inign see his reaction from thrad maker when looking at bitcoin prices now. I think why people buy bitcoin because bitcoin is the currency of the future, so with this they expect bitcoin to go up that's right as thread maker said, bitcoin has a huge anonymous community and traders also need bitcoin even though there is an ETH now.
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.
Many people are still buying bitcoin because they know it will still be worth it soon even though right now you can see it is a stupid decision. Way back, many people became regretful about not believing in bitcoin wherein they sold all they have after a hard dump but then all of a sudden, a pump occured that exceeded everyone's expectation leaving those people who held their bitcoin benefit a lot from it. 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.
the most important reason we make investment is to make profit. people think investing BTC is profitable. that is why they are still buyying BTC.
I guess there are two reasons why people still buying Bitcoin
1. First, to make a profit from this crazy market
2. Second, to store their wealth in a decentralised method that is not manipulated by anyone.
1. First, to make a profit from this crazy market
2. Second, to store their wealth in a decentralised method that is not manipulated by anyone.
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.
Well, it is obviously not a new thing to be noticeable because many people are still into exploring their capabilities and possibilities to go into comfort upon going beyond Bitcoin. It is just that despite of the recent happenings, people still have tough thinking that this will be just temporary and still expecting for best things to come. People are still carrying out their perception that maybe Bitcoin will be suffering at this times but sooner or later it will come into the part of letting its supporters go beyond the success. 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.
Well, this is the possibility.
1) Some noobs still curious what is Bitcoin, then they buy it
2) People still believe Bitcoin is the future money
3) Greedy people want to make profit fast with Bitcoin.
1) Some noobs still curious what is Bitcoin, then they buy it
2) People still believe Bitcoin is the future money
3) Greedy people want to make profit fast with Bitcoin.
Needless to say, the humoungous double and triple digit prices have come about as a result of speculation/manipulation, and lets face it, everyone here has had an opportunity to greatly enrich themselves thanks to this, and who doesnt want a slice of that action?
That’s the important point because people trust on bitcoin and day by day its users are increasing just because of its great responsibilities not only billionaire’s are investing here but a lot of countries they are accepting bitcoin. Investment in crypto market is very valuable and has great importance in this modern world. Investment in this market has a lot of benefits and responses, in order to get benefit of this market we will invest more and more with less or huge amount
For sure bitcoin is best source of fight against poverty as it give us chances of earning money and spend a good life, bitcoin is changing life of those who are not having even money to buy food for single time but only because of bitcoin they are almost in list of rich people so there are a lot of amazing facts about bitcoin which never let people stop buying bitcoin even if price is low or high. People are still buying Bitcoin because they already know the benefits of Bitcoin and its advantages
People still buying bitcoin because they thinking and believing that this coming months the price of bitcoin is going high so that they still buying bitcoin .
The real reason is not like that. They are buying bitcoin because they know that is the main currency for the market of the cryptocurrencies and when they have bitcoin then they can buy any type of cryptocurrency that they wanted to buy in the market so it is not like having ethereum that you are limited to the tokens or coins that you can buy. Although it's not that easy but giving the time and efforts you will become knowledgeable in this technology
The reason is very clear to me. Lots of people know bitcoin is the currency of the future. They try to get the advantage. Even Apple CEO says that bitcoin will be the dominating digital currency of the world in the future.
because they believe that he will help them get rich for several years, and the popularity of bitcoin plays a role
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 is the most valuable and successful crypto currency right now, and its value and price increased highly since a few years ago. That's why almost every day new people start buying, investing and trading Bitcoin, because they believe that its value is going to be higher in the future.
Because they believed that bitcoin can increase more in the near future, then lots of companies in the entire world now are accpeting bitcoin as
payment, even in different trading Forex online, And they believed Bitcoin can give us financial freedom I think and could possibly become the world
currency where everybody is holding it in a long term.
Price of bitcoin will be high once again and we will have to wait till then market of bitcoin never remain same it use to increase and decrease but we will have to keep patience and wait till the time, people will never stop buying bitcoin because they know it will earn profit for them and bitcoin makes their future bright and can get them higher profit so they are holding not selling at all it is time when people use to buy the most of bitcoin as price is really affording. payment, even in different trading Forex online, And they believed Bitcoin can give us financial freedom I think and could possibly become the world
currency where everybody is holding it in a long term.
People buy bitcoin because they believe in bright future of it and they are going to just earn some money. Also they compare current price and price in December it seems like Bitcoin is very cheap now. Hype around cryptocurrencies made by mass media also pushes people to buy it.
Jump to: