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Topic: Why people are still buying BTC? - page 82. (Read 13729 times)

member
Activity: 196
Merit: 30
May 18, 2018, 01:06:16 PM
People are still buying bitcoin because they know that they can still make a massive profit on it, or they just want to buy bitcoin to use it to their daily transactions there are so many reasons why some people are still buying bitcoin. Yes, this days bitcoin cost is volatile to much, and you are still wondering how or why can they profit in this kind of season or price rate,  I think most of the buyers want to grab the opportunity to buy bitcoin at a low cost and hold it for a long time or just want to sell it at their profitable rate.
newbie
Activity: 76
Merit: 0
May 18, 2018, 12:38:19 PM
People buy bitcoin in order to make money on its subsequent sale after its price rises.
Yeah everyone knows about bitcoin that it happens with bitcoin that it use to increase and decrease which is very common happening, most of people are using bitcoin as they know finally they will end up earning high amount of profit,  same as a lot of people I prefer to buy bitcoin than saving money for the long because it is good way of earning and I can earn high with bitcoin higher than I earn from my daily job so I love bitcoin and I will never stop buying,  price these days is really decent so I will keep on buying for highest profit.

With the latest drop of market value of bitcoin instead afraid people are interested in buying because they thinks that a few weeks from now bitcoin recovers back to its highest  value.
full member
Activity: 490
Merit: 100
May 18, 2018, 12:27:29 PM
People buy bitcoin in order to make money on its subsequent sale after its price rises.
Yeah everyone knows about bitcoin that it happens with bitcoin that it use to increase and decrease which is very common happening, most of people are using bitcoin as they know finally they will end up earning high amount of profit,  same as a lot of people I prefer to buy bitcoin than saving money for the long because it is good way of earning and I can earn high with bitcoin higher than I earn from my daily job so I love bitcoin and I will never stop buying,  price these days is really decent so I will keep on buying for highest profit.
member
Activity: 350
Merit: 10
May 18, 2018, 08:19:42 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.

There are people who still want to buy btc because it already has established in cryptocurrency which is why investing in it while the price is still low is a good option to do. Investing in a lower price gives a better chance to gain during the rise. Even with the issue btc has faced, it is still the most reliable cryptocurrency to invest with.
newbie
Activity: 126
Merit: 0
May 18, 2018, 08:19:14 AM
People are 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.
member
Activity: 293
Merit: 10
May 18, 2018, 08:10:06 AM
I can understand those who are still buying BTC because it is a good investment for the long-term. I think if you hold it for the long-term in the future you will be able to earn much more than if to sell now.
member
Activity: 243
Merit: 10
May 18, 2018, 08:09:35 AM
People is still buying btc its because they know that bitcoin is good potential to their future profit better than workhard  in realtime job.imagine you can gain profit in btc in just 1 year or above if you have a good hodlers in btc.that's why they still buying and believe in bitcoin's future..
hero member
Activity: 938
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
May 18, 2018, 07:58:36 AM
People are taking thwir opportunity to earn online ,
Some of us just wants to earn online because we want to handle our own time we want to spend more time with our family.
sr. member
Activity: 434
Merit: 251
May 18, 2018, 07:42:24 AM
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.
full member
Activity: 406
Merit: 117
May 18, 2018, 06:35:31 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.
The bitcoin every year past go by the value always increases. You are lucky if you bought the bitcoin last 2013. Everyone know that bitcoin is the faster high return on profits more than saving your money on the bank because the bitcoin value always increases the popularity of it getting grow year by year. If you are 100%, believe on the bitcoin you have a chance to be a millionaire someday.
sr. member
Activity: 1045
Merit: 273
May 18, 2018, 01:15:13 AM
for us bitcoin our easy way to get a good profit, because for us invest in bitcoin is also a good investment in the long term, because bitcoin prices always go up every day.
People are still buying Bitcoins because the system of Bitcoin is responsive and is a long term trusted store of value so people like it for long term investments and for huge profits so this become the future and present of Bitcoin popular. The Bitcoin grows with the passage of time as we have seen and noticed the graph of demands and compared it with the last year graph results in the increasing demand for Bitcoin. This makes the coin price increase.
full member
Activity: 364
Merit: 100
May 18, 2018, 12:25:31 AM
many people are interested and buy bitcoin because they believe bitcoin will continue to survive and will continue to grow so it will have a price that continues to increase and provide profit
full member
Activity: 1134
Merit: 103
May 18, 2018, 12:06:08 AM
Bitcoin is more profitable compared to other coins, that's why people are buying more coins when the price of Bitcoin dips. Myself planning to buy Bitcoin at the present dips because surely the price will start increasing once the market settles.
member
Activity: 322
Merit: 12
May 18, 2018, 12:02:12 AM
Why not, btc is a good investment to have. Every wise person do understand that investing more means securing more the financially worry free tomorrow. If i got the chance of having more extra money, i would also keep buying more bitcoin because i want to have more profits in the future, so investing in bitcoin is a wise move and decision because btc has has a promising future, and i believed on that😊
member
Activity: 336
Merit: 12
May 17, 2018, 10:55:34 PM
People are buying Bitcoin because they know that the future money is crypto currency and since Bitcoin is the leading currency and has proven itself that is why they find that there is security in it and has a future in this coin called BITCOIN.
jr. member
Activity: 182
Merit: 1
May 17, 2018, 10:54:23 PM
The scarcity of bitcoins is only relevant if the Bitcoin network proves to be useful for something. I don't see Bitcoin being very useful for anything at the moment or in the near future. Possible future usablity should not make something so valuable in my opinion.
member
Activity: 378
Merit: 10
May 17, 2018, 10:42:10 PM
Because bitcoin is still valuable to investors. The bitcoin price is still high at $ 10,000. The bitcoin market is booming. Bitcoin is supported by many national governments. So people still buy bitcoin.

Because people understand that it is much wiser to invest in bitcoin. There is a lot of chance for a better outcome. It is worth the wait and people still believe in it and use it in different form. So buying bitcoin until this time is worth it.
member
Activity: 111
Merit: 10
May 17, 2018, 10:04:23 PM
Because people still believe in the potential of cryptocurrency. So they buy to invest in long term. Maybe that's why people keep buying bitcoins. Let's think positive for the hike. That's just my opinion.
sr. member
Activity: 434
Merit: 250
May 17, 2018, 10:03:45 PM
Because bitcoin is still valuable to investors. The bitcoin price is still high at $ 10,000. The bitcoin market is booming. Bitcoin is supported by many national governments. So people still buy bitcoin.
people still believe in bitcoin that the price will still go up for the future. they still hold and also make repurchase for bitcoin not just btc but all cryptocurrency
full member
Activity: 280
Merit: 100
May 17, 2018, 09:59:03 PM
Because people are still believing that bitcoin will always be the king and be the top coin forever. But if we analyze how the crypto works. All coins are linked and traded to bitcoin that's why Bitcoin whales can manipulate the price of the market in general
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