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Topic: Why people are still buying BTC? - page 67. (Read 13694 times)

newbie
Activity: 136
Merit: 0
May 27, 2018, 12:37:46 PM
Whatever negative that you are believing against btc and spread it is always ineffective to stop people from buying bitcoin.
sr. member
Activity: 704
Merit: 270
May 27, 2018, 12:36:04 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 I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits.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.
buy bitcoin to trade some altcoins. And if you research about the important of this coin , i think as you would also like to have a bitcoin. Dont focus the news just focus the important of having this. You must keep in your mind all the things before entering must be studied first.
focusing at it's technology.we talk about bitcoin , we are talking about next generation payment technology.much people having bitcoin as an asset , and trade it often.so bitcoin price very volatile.but if they understand about it's function they will not sell it.
People are still buying bitcoins because they have a lot of faith in bitcoin.Bitcoin has got them a lot of profit rates amd that too in a short period of time.It is expected that bitcoin will create new records and it will rise much more than it did in 2017 which was called the bitcoin year.People are also joining signature campaigns as they are an easy source of earning bitcoins.People are investing in bitcoin so that they can earn good profits.People are holding their bitcoins for future rise in prices.
full member
Activity: 268
Merit: 100
May 27, 2018, 12:34:33 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 may look bad right now but that doesn't mean it will stay that way for long, we should atleast have faith and believe that it will recover once again just like what happened before. Let us keep our hopes high over bitcoin and know its history of pumps and dump so that we can avoid regret and disappointment in the end as things get bettet here.
jr. member
Activity: 106
Merit: 1
May 27, 2018, 12:26:58 PM
Each one has a different reason because many people buying bitcoin because there is huge potential growth in Bitcoin. And Bitcoin is really a good help for people who needed money very much that is why they buy bitcoin for them to earn a more better earnings.
there are so many opportunity from bitcoin and other cryptocurrency.we can earn money from several methode that available.such as bounty hunter,miner and trading cryptocurrency.
The volatility of Bitcoin may not be as dramatic -- both up and down -- and that is something people have to come to grips with, but as the experts above mention, there has still been positive growth over a relatively short period of time.
newbie
Activity: 84
Merit: 0
May 27, 2018, 12:15:46 PM
everyone assumes the prediction that bitcoin values will soar by the end of the year will actually happen, so they buy as much now as possible because the value is still cheap and expect to get a lot of profit
sr. member
Activity: 630
Merit: 251
May 27, 2018, 11:50:35 AM
I think there are many reasons why people still buy bitcoin. one may be because people are more likely to increase the value of bitcoin so once they invest in it they can easily grow their investment and think that it is easier for them to live up to their lifestyle
People still buy Bitcoin because people are rational by which I mean to say that they know about the time to buy and the time to sell. They can see the future return in an asset if the prices are stable for some time. Besides, Bitcoin has so many other benefits to offer that are not offered by other coins and that is why people invest in Bitcoin. Long term investment gives more than enough.
sr. member
Activity: 784
Merit: 250
May 27, 2018, 03:36:32 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.
buy bitcoin to trade some altcoins. And if you research about the important of this coin , i think as you would also like to have a bitcoin. Dont focus the news just focus the important of having this. You must keep in your mind all the things before entering must be studied first.
focusing at it's technology.we talk about bitcoin , we are talking about next generation payment technology.much people having bitcoin as an asset , and trade it often.so bitcoin price very volatile.but if they understand about it's function they will not sell it.
full member
Activity: 434
Merit: 168
May 27, 2018, 03:27:22 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.
buy bitcoin to trade some altcoins. And if you research about the important of this coin , i think as you would also like to have a bitcoin. Dont focus the news just focus the important of having this. You must keep in your mind all the things before entering must be studied first.
sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
May 27, 2018, 02:12:40 AM
I think there are many reasons why people still buy bitcoin. one may be because people are more likely to increase the value of bitcoin so once they invest in it they can easily grow their investment and think that it is easier for them to live up to their lifestyle
one main reason is because they still believe about bitcoin future.maybe at this moment bitcoin is bloody, but in two or three years again it will shows the highest price ever.
member
Activity: 134
Merit: 10
May 27, 2018, 02:09:50 AM
I think there are many reasons why people still buy bitcoin. one may be because people are more likely to increase the value of bitcoin so once they invest in it they can easily grow their investment and think that it is easier for them to live up to their lifestyle
full member
Activity: 378
Merit: 100
May 27, 2018, 01:51:37 AM
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.
There so many reasons why people is investing in bitcoin. But one thing is for sure and it is because they want to earn not just earn but earn more. In bitcoin earning big is not impossible you just have to be patient. It might take some time but if your patient enough to wait theres always a good earnings also waiting for you.
sr. member
Activity: 518
Merit: 252
May 26, 2018, 11:33:56 PM
Each one has a different reason because many people buying bitcoin because there is huge potential growth in Bitcoin. And Bitcoin is really a good help for people who needed money very much that is why they buy bitcoin for them to earn a more better earnings.
there are so many opportunity from bitcoin and other cryptocurrency.we can earn money from several methode that available.such as bounty hunter,miner and trading cryptocurrency.
newbie
Activity: 272
Merit: 0
May 26, 2018, 11:19:58 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.

of course we will have great potential for bitcoin, and we will always buy bitcoin at the time the price goes down and we will wait for a higher price increase, so we really get a lot of benefits because the future of bitcoin is also very bright.
newbie
Activity: 47
Merit: 0
May 26, 2018, 11:03:59 PM
I'm sure yout failure to be hatred of Bitcoin will not make other users discouraged as you do.
If you have run out of capital, try to get Bitcoin by mining, maybe you can try to follow an existing campaign like Bounty campaign and signature campaign.
My suggestion before you start it again, I hope you get lots of reading to increase your knowledge about crypto world in general and Bitcoin in particular.
jr. member
Activity: 124
Merit: 1
May 26, 2018, 09:29:07 PM
Each one has a different reason because many people buying bitcoin because there is huge potential growth in Bitcoin. And Bitcoin is really a good help for people who needed money very much that is why they buy bitcoin for them to earn a more better earnings.
full member
Activity: 392
Merit: 100
May 26, 2018, 07:35:15 PM
People are still buying and investing in Bitcoin because they believe that its value will appreciate more than what it is at the moment that will earn them more profit in the nearest future.
People are still buying bitcoin because they know that bitcoin is the best crytocurrency that can help them to be very profitable in the future, and the price of bitcoin is low that's why many people are dont stop on buying bitcoin and  bitcoin can help a lot of people to multiply there money.
newbie
Activity: 114
Merit: 0
May 26, 2018, 07:30:52 PM
People still buy BTC because they see the price of BTC will be much higher than the current. Some people believe in blockchain technology so they will invest in it.
sr. member
Activity: 1071
Merit: 253
May 26, 2018, 07:09:35 PM
Because they still believed if future of bitcoin is very good,
Buy bitcoin ans hold them I'm sure it will make us rich because future is very promising
Bitcoin is really a promising currency it gives profit certainly and when you invest in bitcoin you will feel confident about your profit and safe about your future, bitcoin is full of profit that’s why most of people really love to hold it, so same as you I think future of bitcoin will be very shining and bright but we will have to keep on investing and holding to increase our profit. People are buying more and more as they know dip is just temporary and soon price will become at the top once again.
member
Activity: 392
Merit: 11
May 26, 2018, 05:44:10 PM
Well, there are a lot of reasons why people keep buying the Bitcoin. For me, the reason is many people still believe in its values.
Honestly, I not interested anymore in Bitcoin. I prefer other coins like Ethereum or Neo rather than Bitcoin.  
member
Activity: 322
Merit: 10
May 26, 2018, 05:42:20 PM
People are still buying bitcoin because they still believe in the future of bitcoin that bright and promising, they trust and believe that bitcoin can give a better global economic improvement of life, that is why they still buy or invest in bitcoin.
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