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Topic: Why people are still buying BTC? - page 71. (Read 13729 times)

sr. member
Activity: 1078
Merit: 254
May 25, 2018, 11:16:47 AM
The people choose to stay in bitcoin because eventhough the price continues to go down all old investors or users know that it is part of the bitcoin cycle. Once the bitcoin price decreases it will be a good time to buy bitcoin because the bitcoin  price will eventually increase and it will be a good time to sell bitcoin.
full member
Activity: 388
Merit: 100
All-in-One Crypto Payment Solution
May 25, 2018, 10:54:18 AM
Because it is an  opportunity they see it as an investment,  for the last 2 years,  bitcoin's value appreciate  really well and that is what investor are looking for,  to make their capital go back really well.  And aside from invesment is it can use in many ways,  payment, trading,  many more,  it is the money of internet, it is a little bit challenging to overcome it's up and down but it is fun.
newbie
Activity: 84
Merit: 0
May 25, 2018, 10:33:44 AM
people buy bitcoin has a goal to gain multiple benefits. They think maybe if they buy bitcoin at the current price then the future bitcoin price will rise significantly. This is a factor people buy bitcoin
member
Activity: 223
Merit: 11
May 25, 2018, 10:22:40 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 I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits.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.

I think that the best answer to the question in the title will be "Investment". Many people are still investing in and trusting Bitcoin despite all the recent declines. Is this a good thing? Yes of course. We can also learn that this is the best proof of the power in the market.
member
Activity: 252
Merit: 71
May 25, 2018, 10:18:07 AM
I think people are still buying bitcoin because they know that bitcoin prices will continue to grow and will continue to increase so that if invested in bitcoin will still be profitable

People in this days still buying bitcoin because of the good benefits that they probably get in the future. Because bitcoin is very promising and trustful to earn more money in the right time investment plan. That's why they are still buying besides of it's very volatile behavior, because they always think that bitcoin will give them always good benefits and profitable future will comes into it.
newbie
Activity: 173
Merit: 0
May 25, 2018, 10:11:18 AM
Because people still believe in bitcoin and they still want to invest in bitcoin. Maybe in the future bitcoin will be needed. I hope bitcoin becomes a public payment place.
newbie
Activity: 121
Merit: 0
May 25, 2018, 09:57:24 AM
"Bitcoin is useless"

Then go somewhere else... ?
Why?


Look up at the name of the website you are using: bitcointalk.org

If you have no use for bitcoins, then maybe you should ask yourself why you are here on a bitcoin site? Trolling perhaps?

Could you go into a bit more detail what you were spending hours on that gave you such a low return? Then you should ask yourself what you did to get any dollars you have? Maybe you could do the same thing in exchange for some bitcoins?

I think it because of it's high value than a normal currency. It is also can be used for an online payments and transaction which can make us hassle free. It can reduces crimes in the community because it is a cashless society because of BTC.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 25, 2018, 09:54:43 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.
Bitcoin prices in the past few days have been continuously corrected with small and significant rises, and as a result, bitcoin prices will probably continue to fall in coming days and $ 7000 is a very important milestone for bitcoin prices to go down the cycle. So you can buy bitcoin at this time and invest in long term.
i hope bitcoin price does not touch $7000 level.it is storng support that much whales put their buy order at this price.bitcoin move with middle volatility right now, much investor take action becarefully.
We can't help that price for falling to that range because that is the support and the price of bitcoin is now tracing the possible stop for the fall of the price and we all know that $7,000 is one of the support for the market of bitcoin and if we will see more dumps then we can actually see much lower to that expected support of $7,000.
member
Activity: 350
Merit: 10
May 25, 2018, 09:46:41 AM
I think, the main reason why many people still buy bitcoins is because they still believe in bitcoin. although bitcoin prices are declining, but people still think that bitcoin still has the potential to rise in price and can make a profit of course.

And, technically speaking, however, Bitcoin is a new form of community savings that is applied with a system that is not troublesome.
newbie
Activity: 115
Merit: 0
May 25, 2018, 09:37:38 AM
People still buying of bitcoin despite of negative issue ,because we believe that bitcoin a asset is good  like gold.for those of those we aimed also a positive thoughts looking for the brighter future.
newbie
Activity: 116
Merit: 0
May 25, 2018, 09:03:28 AM
I think people are still buying bitcoin because they know that bitcoin prices will continue to grow and will continue to increase so that if invested in bitcoin will still be profitable
newbie
Activity: 210
Merit: 0
May 25, 2018, 08:50:23 AM
People as of today is not that stupid to not buying bitcoin of course they knew that bitcoin today's generation is increasing and will rise up more in the future there are many experts saying that also. The demand of bitcoin today is very high that's why people are still buying it.
Yes. People come to the cryptographic market and buy BTC just for the benefit of them, they buy BTC right now because they believe that BTC prices will rise in the future. It is likely that by the end of 2018 the price will explode and reach the moon. So they will become rich. Some people use all their assets to buy the BTC and hopefully they will increase
sr. member
Activity: 882
Merit: 250
May 25, 2018, 08:48:24 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.
Bitcoin prices in the past few days have been continuously corrected with small and significant rises, and as a result, bitcoin prices will probably continue to fall in coming days and $ 7000 is a very important milestone for bitcoin prices to go down the cycle. So you can buy bitcoin at this time and invest in long term.
i hope bitcoin price does not touch $7000 level.it is storng support that much whales put their buy order at this price.bitcoin move with middle volatility right now, much investor take action becarefully.
full member
Activity: 308
Merit: 100
May 25, 2018, 08:30:11 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.
Bitcoin prices in the past few days have been continuously corrected with small and significant rises, and as a result, bitcoin prices will probably continue to fall in coming days and $ 7000 is a very important milestone for bitcoin prices to go down the cycle. So you can buy bitcoin at this time and invest in long term.
newbie
Activity: 168
Merit: 0
May 25, 2018, 07:57:43 AM
People aren't investing in bitcoin because it's currency of the future.In some parts of the world, bitcoin is still a more efficient and cheaper way to transfer money across borders, and several remittance startups make use of this feature. Bitcoin's cost and speed advantages, though, are being eroded as traditional channels improve (and the network's fees continue to increase), and liquidity remains a problem in many countries.



I think the two- and three-digit price is very common as a result of speculation / manipulation, and let's face it, everyone here has the opportunity to enrich themselves this blessing, and who does not want that part of it.
Bitcoin used as a 'currency' has steadily grown in various sectors, the Silk Road may be one of the most important. However, this relatively cheap price will support transaction activity, I imagine it is still very much in single digit territory.
sr. member
Activity: 840
Merit: 252
May 25, 2018, 07:57:10 AM
People as of today is not that stupid to not buying bitcoin of course they knew that bitcoin today's generation is increasing and will rise up more in the future there are many experts saying that also. The demand of bitcoin today is very high that's why people are still buying it.
newbie
Activity: 112
Merit: 0
May 25, 2018, 07:54:18 AM
Because bitcoin now is going to down, low value of price.. It's a pretty good to buy more bitcoin, because they are having a good change of it until time has a good luck for everyone.
There is no doubt that until now a lot of people is keep buying bitcoin because bitcoin have a good future and the other reason why peole are still buying is the price of bitcoin is very low now so they are now buying many bitcoin.

People are still buying btc because it gives potential profits and ease to use.
full member
Activity: 406
Merit: 100
May 25, 2018, 07:23:17 AM
Because bitcoin now is going to down, low value of price.. It's a pretty good to buy more bitcoin, because they are having a good change of it until time has a good luck for everyone.
There is no doubt that until now a lot of people is keep buying bitcoin because bitcoin have a good future and the other reason why peole are still buying is the price of bitcoin is very low now so they are now buying many bitcoin.
full member
Activity: 314
Merit: 105
May 25, 2018, 07:21:07 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.
because they believe in BTC even though it's value now is quite low they still believe that it will pump again at it's best value. the people is still stick in BTC because they also believe that BTC can bring them a lot of money in short time period.
jr. member
Activity: 93
Merit: 1
Mountains is my passion
May 25, 2018, 06:04:25 AM
Because they understand that only bitcoin can bring them a lot of money in a short time. By buying and holding bitcoin, you can gain a lot of advantages in the future including profit, technology, security and identity protection. Therefore, they still believe and buy bitcoin

Have you read the OP first post? The BTC is not as secure as you say. The price won't go up too much, the interest in BTC is slowly going down, people prefer altcoins to Bitcoin, also BTC is useless for buying or selling, mining costs more than the value of the reward ...
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