Topic: Why people are still buying BTC? - page 58. (Read 13694 times)

Yes, invest in bitcoin is patronizing, patiently waiting for a reasonable price to sell to make a profit, many people have thought so, just buy and hold, no need to have much knowledge. They still make a profit from BTC bring them. I think investing in this market is easy, just be patient and we will win.

Because they still want to believe in bitcoin and want more useful bitcoin in the future later than that they still buy bitcoin after volume every 24 hours still have volume.

because for us bitcoin the easy way we get more profit, so we really believe that a good bitcoin investment in the long run, and also bitcoin is very popular, all over the world.

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 I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits.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.

People looking for an opportunity of earning money and investing in bitcoin, ethereum and other promising token is still good idea at my opinion. You always have a chance to get extra profit just for trust.

because people know that at this time bitcoin price still cheap.and they confidence that in future bitcoin or cryptocurrency will make new high that can  make them to be millionare.

Nothing has happened to the Bitcoin and its market, if you want to invest you can simply invest and this time is perfect for new investors in order to buy coins on this low rate will benefit them even in the start or entrance.

This market is not a permanent market and we have seen situations like falling of market from height to the ground many times and this does not mean that Bitcoin will e permanently with this current value. People are aware with this and that is why they are still buying Bitcoins.

Nowadays Bitcoin price is little down and we need to buy bitcoin much as we can because there is no doubt that bitcoin change its price very fast from low to high from the day first of this year I’m buying bitcoin because I know that its price will go high and then I can make my money double same like last year and I’m sure that everyone they are doing same because bitcoin is the best currency in world and it believe to change a life.