Why do people still buy bitcoins !?
Hmm .. The instant answer we often hear is: Because people still believe the price will go up, because more people come to speculate, that this is a big-time cukong game, and so forth.
I'm sure it's true, but most people do not see a simple reason beyond the reason for the conspiracy theory, that many people buy bitcoin is simply, and that's because it takes. Need what? Not yet many businesses that receive bitcoin as a means of payment? That transaction cost is now too high for that.
Remember that bitcoin has been transformed as the new tax haven. Where people can safely save money, free from government and tax officials, can not be frozen by anyone, can be availed in almost all countries with relatively minimal transaction costs.
Topic: Why people are still buying BTC? - page 62. (Read 13729 times)
Why not, people still buy bitcoin because now bitcoin price it is cheap. And they still believed if bitcoin price will rise again one day.
It is simply because they are the true believer and supporters of bitcoin and they really trust it's platform and it's system so even it experiencing a lot of downfall they still believe that it will making it's way to rising up again therefore it's continuously makes benefits and opportunities to us..Another reason is they want to earn huge profit by just buying it and holding for longterm because they see a lot of potiential in bitcoin. Thats why many people still buying bitcoin.
I think that is their strategy in doing some profits, Buying btc in low price and selling it in high price will give them profits, they think that its never too late to buy btc they trusted the coin that much.
Their reason may be their chance to buy it, because bitcoin prices are low and they buy as much as they can afford to invest.
Bitcoin can still be trusted because they believe bitcoin will definitely rise from adversity and believe in the coming months bitcoin will rise again.
Bitcoin can still be trusted because they believe bitcoin will definitely rise from adversity and believe in the coming months bitcoin will rise again.
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.
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 believe bitcoin can still increase and from that I can benefit. Bitcoin is more enduring and to avoid the risk I believe in bitcoin.
Bitcoin is a future money that has many advantages over ordinary fiat money, And in bitcoin we will easily benefit. because we can make investments, trade, and so forth. Maybe that is one reason why they are still buying Bitcoin until now.
hopefully the bitcoin is indeed the money of the future, because with the bitcoin we can be helped in economic terms and the lack of unemployment. let alone the bitcoin also provides job opportunities for those who want to grow.
The beliefs against Bitcoin is still very high so they dare buy Bitcoin now and hold it as their investment.
People buy bitcoin in order to make money on its subsequent sale after its price rises.
I think your comment about him is not worth it or anything I think people have lost buy it, and save it
of course to get a profit if not why they want to put their money there, come on your eyes bitcoin first time out in 2009 it cost about 1 $ now in only 8 years he was able to reach the highest point which is 19,600 $ can you imagine how much% the increase
Bitcoin is a future money that has many advantages over ordinary fiat money, And in bitcoin we will easily benefit. because we can make investments, trade, and so forth. Maybe that is one reason why they are still buying Bitcoin until now.
hopefully the bitcoin is indeed the money of the future, because with the bitcoin we can be helped in economic terms and the lack of unemployment. let alone the bitcoin also provides job opportunities for those who want to grow.
people buy bitcoin because they believe that once the bitcoin price falls, it will rise again. this is what causes why people still buy bitcoin even though the price drops very far.
I think they still believe in the good future of Bitcoin. I still believe that because Bitcoin is almost an essential service for some businesses.
Transnational remittance is a major issue that has been addressed through Bitcoin. So it deserves a better future. I still hold them even though it has gone down severely.
With the default variable values made BTC to take multiple join on. they are ready to buy BTC with the high level and Keep the retained that that the future of the future BTC will be grow. The following BTC to the last year of 2017 will be complete the credit to your BTC, but the others with BTC field when the value BTC will be added to the multiple number and the the same value the BTC will be increase. Transnational remittance is a major issue that has been addressed through Bitcoin. So it deserves a better future. I still hold them even though it has gone down severely.
People buy cryptocurrency because they expect the price of cryptocurrency to rise in the next few years.
People will always buy bitcoin till there is any hope for then to have profit from it 
People mostly are very greedy and willing to get wealthy.
That is true but when bitcoin offer profit for doing nothing (only investing) then why they do not invest? For me it is easy way for most of the people to just invest their savings and take more from it. People mostly are very greedy and willing to get wealthy.I think people are still continue to buy bitcoin and other cryptocurrencies, because they see the potential in it. So if you get some researches about it, you will see how genius the blockchain technology is who is behind almost every cryptocurrency. People see the potential and want to be a part of it!
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.
The value of Bitcoin comes from users. If the number of people accepting Bitcoin increases, Bitcoin's market transactions will further prosper, and Bitcoin will have a huge room for appreciation. Since there are only a few hundred thousand people currently owning Bitcoin, compared with the base number of one billion Internet users, there is much room for growth. This is also an important reason why most Bitcoin holders have strong confidence.
Buying bitcoin is the best strategy to make a profit, I'm sure that bitcoin development will continue to improve so that users can get big profits like last December.
People are still buying bitcoin because they want to earned a profit to help their daily needs in their family and to have an extra income, they still believed that bitcoin will soon rise and shine like a morning sun.
I would say people with experience are buying Bitcoin. They now that the price corrections are ideal timing for buying more coins, this is investing in future profit.
The price will not stay low forever and corrections are the natural part of volatility.
Users without experience very often make mistakes and start to sell on the first sign of price drop which is completely wrong strategy.
The price will not stay low forever and corrections are the natural part of volatility.
Users without experience very often make mistakes and start to sell on the first sign of price drop which is completely wrong strategy.
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.
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.
If there are a lot of people who are still buying bitcoins even if the price today is slowly decreasing then it only means that there are a lot of people today who still believes on cryptocurrency because they knew that the market is just volatile and they will still earn a huge amount of profit if they will continue on investing.
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.
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.
Because The people believe bitcoin is the future currency, It will be needed in the future.
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 doesn't mean they are dead. My personal opinion is that most on here (the plankton or at best, the tadpoles of the Bitcoin ecosystem), are still buying because they are fkn stupid and are blinded by thier own greed/optimism as to the strong probability of much lower prices in the months ahead. However, having said that, with all the volatility, even now there is still plenty opportunity for nice profits to be made, and who doesnt want to make profits?
People will always look back to where they've started. Bitcoin is inarguable the progenitor of the cryptocurrency trend among the masses and even in the pop culture. The reason why it is still receiving pumps much more than any other cryptocurremcy in the world. What's more amazing is the fact that even though it is going on for a very long time is the fact that it receives constant upgrades and it is supported by the blockchain technology.
People will always buy bitcoin till there is any hope for then to have profit from it People mostly are very greedy and willing to get wealthy.
People mostly are very greedy and willing to get wealthy. Jump to: