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Topic: Why people are still buying BTC? - page 6. (Read 13694 times)

sr. member
Activity: 532
Merit: 250
August 12, 2018, 11:02:47 AM
The reason why people still buying Bitcoin, is because they know that it's worth investing for. though they know the risks, it's still part of the Business. They know that they have future here and Bitcoin is growing faster than before. if they invest early, then there will be more profit for them.
People still buying bitcoin because they have trust in bitcoin, all kinds of business have risk. Even have risk in investing in bitcoin people are continuing to join here cause they know they have future in bitcoin. Yes, your right if they invest early it's better for them cause they get more profit cause bitcoin is continues increasing the price value.
member
Activity: 1078
Merit: 12
August 12, 2018, 10:40:28 AM
people are still buying BTC because they believe in bright future of it,it will have benefits in our daily life . they believe bitcoin can increase  and they can become rich with bitcoin in future

No doubt that the future of crypto will be bright, many countries have legalized and made regulations about bitcoin like Japan, Germany and so on, this proves that the future of bitcoin will continue to improve and soon legalized by many countries.
sr. member
Activity: 1358
Merit: 253
August 12, 2018, 10:17:36 AM
People who are still buyiing bitcoin because they feels the price of bitcoin is currently very cheap, especially the trend that happens every year that prices can skyrocket when they enter the end of the year like now.
newbie
Activity: 220
Merit: 0
August 12, 2018, 10:02:18 AM
people are still buying BTC because they believe in bright future of it,it will have benefits in our daily life . they believe bitcoin can increase  and they can become rich with bitcoin in future
full member
Activity: 410
Merit: 100
August 12, 2018, 09:31:23 AM
Because maybe the 1BTC price is very cheap it won't be needed to pay and if it's expensive it's very difficult to invest just for a lot of money to buy 1BTC or 1ETH because there is a market that is suitable for reselling the free market that is already in the fork delta or it could be on idex.
jr. member
Activity: 69
Merit: 1
August 12, 2018, 09:21:19 AM
Now you know that people who buy Bitcoin at that time believing Bitcoin prices will increase is become rich people now day, I think you will regret at that time, 5 year ago you not buying Bitcoin when still cheaper than now.
member
Activity: 280
Merit: 10
August 12, 2018, 08:55:56 AM
While the points you mentioned are true, you shouldn't forget the benefits. It doesn't depend on one leadership figure like Litecoin oder Bitcoin Cash. The tech might suck, yes, but its functioning, unlike some other Top 10 coins at the moment. Plus it will always have the first mover advantage. All this provides security to crypto investors. I see Bitcoin as a sort of digital gold.
newbie
Activity: 98
Merit: 0
August 11, 2018, 10:29:54 AM
As they still believe in BTC, I believe in the future, BTC will bring many benefits to us, not only business but also activities in life.
newbie
Activity: 2
Merit: 0
August 11, 2018, 10:26:05 AM
Fiat (a) was originally adopted and accepted to represent a value to some unit in gold (b): a=b.  Centralized banks did not exist with exchange of gold.  Fiat required a level of confidence; hence backed by an institution.  As a means of standardizing the exchange medium to minimize confusion/ensure tax collection, the government institutions backed up the fiat and utilize a central processing model - with it came some control - more control was given once fiats were transacted digitally (i.e. credit cards, etc).  Right now the value of BTC (c) is speculative, its a value based on the last party to purchase it, while there maybe only 21 million on this earth, its utility and its existence as a resource is of concern.  However, if you were peg BTC to gold;c=b, then people can treat BTC as fiat is treated today.  
member
Activity: 350
Merit: 10
August 11, 2018, 10:25:44 AM
Most of the people who are still buying are people who believe in the encrypted world, and they believe bitcoin will come back, which has been in history in the past.
Because they believe bitcoin will become a digital currency in the future. Trust is something that makes them not care about people's analysis or people's doubts, because bitcoin's popularity cannot be stopped. Bitcoin is starting to be accepted in many countries, many businesses also accept bitcoin. Bitcoin is still bought, in addition to trading as well as investment. In the future no one knows, but belief in bitcoin will not falter.

It was actually true that bitcoins will be recognized in the future because the are a lot of people today who are already using cryptocurrency and most of the online stores are accepting a cryptocurrency payment method.
full member
Activity: 353
Merit: 100
https://luxantdigitalbank.com/
August 11, 2018, 10:22:24 AM
Bitcoin is one of the major crypto currency with the strong net work systems with specific features.It is a new form of economy linked with the modern technology including the incorporation of the block chain technology.  The block chain technology ensures its security and clarity.Bitcoin has developed the confidence of the global investors and the educated mass for handling the bitcoin in the market. Due to the above features bitcoins popularity has widen world wide. So bitcoin could attain the confidence of the global community and they are buying bitcoin.
legendary
Activity: 2954
Merit: 1159
August 11, 2018, 10:06:22 AM
Because it feels that at this time cheap prices and of course the increase in bitcoin is imminent, this is what makes many people believe that buying bitcoin is a very good and profitable thing.

Back to title the reason why i am buying bitcoins is because they're much faster than other coins it has potential of increasing money.Every person has their own opinion.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
August 11, 2018, 10:04:15 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.

Can i ask you from where you earn 0.0002 btc ? did you just play faucet to earn them ? There's many way to earn bitcoins and they're pretty easy i am wonder where you spend your hours? where this place can helps you money in just short time.
member
Activity: 364
Merit: 10
Pawsome
August 11, 2018, 08:58:58 AM
Because it feels that at this time cheap prices and of course the increase in bitcoin is imminent, this is what makes many people believe that buying bitcoin is a very good and profitable thing.
newbie
Activity: 149
Merit: 0
August 11, 2018, 08:52:14 AM
People continue to buy bitcoin, because they see that bitcoin has a future on the market, and now the prices for bitcoin are very interesting
Those people are very positive and believe that bitcoin will increase its value after its fall down. I do personaly trust bitcoin too even if its very risky but i know things will go positively.
newbie
Activity: 29
Merit: 0
August 11, 2018, 08:04:28 AM
Most of the people who are still buying are people who believe in the encrypted world, and they believe bitcoin will come back, which has been in history in the past.
Because they believe bitcoin will become a digital currency in the future. Trust is something that makes them not care about people's analysis or people's doubts, because bitcoin's popularity cannot be stopped. Bitcoin is starting to be accepted in many countries, many businesses also accept bitcoin. Bitcoin is still bought, in addition to trading as well as investment. In the future no one knows, but belief in bitcoin will not falter.
newbie
Activity: 23
Merit: 0
August 11, 2018, 07:39:23 AM
I feel like buying a Bitcoin as a movement. And Bitcoin buyers want to make a profit and believe Bitcoin will be a monopoly.
newbie
Activity: 112
Merit: 0
August 11, 2018, 07:17:39 AM
Maybe the price has now declined, but in the future bitcoin should please us and grow.
member
Activity: 378
Merit: 10
August 11, 2018, 07:12:36 AM
In my opinion, although the price of Bitcoin dramatically down in recent time but in the long term, i belive that its price will soon recover. Bitcoin is sitting at the TOP1 in crypto market and i think it will remain it role in the long time. I dont know the others token can replace it role in market of crypto with ~45 % dominance.


member
Activity: 252
Merit: 10
August 11, 2018, 07:03:36 AM
People continue to buy bitcoin, because they see that bitcoin has a future on the market, and now the prices for bitcoin are very interesting
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