Why people are still buying BTC? - page 94.

syamster

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Quote from: rye18 on May 07, 2018, 05:22:51 AM

Quote from: airdrophunter on May 07, 2018, 05:05:09 AM

Simply because you can't dictate people to stop their interest in bitcoin. Who would not like bitcoin if it's the digital currency that could change your life and the way you see your future optimistically. People' demand on bitcoin is undying, IMO, most especially that bitcion is referred to as the 20th century equivalent to gold.

People are still buying because they think bitcoin is still a good soure of income, most especially today that the market price is increasing.

Exactly they think so positive and it actually is, bitcoin is for sure main source of income and it gives us money only for holding with patience, people are investing in bitcoin highly which is making price of bitcoin very high and I am sure it is very easy to get fast and profit at the end of this year, gradually price is increasing but right now price is not very high it is at affordable phase so that’s why they are trying to buy as much as possible for them right now.

fiulpro

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You are a senior member here you should know that the value of Bitcoins though volatile is kind if sustaining over the long term. . people buy because they know this ..it's a great asset. ..the crises will come and go and the price will go down no doubt in that but what won't change is the fact that it will exist because there are people who trust it and support it ..
It's not that bad , if you have been sticking around for long you will notice how things works .

左

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They see enough room for bitcoin or other crypto's to grow more and more, they invest in it for the same reason they invest in anything else which is profit.

ArnoldChippy

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Quote from: Ashong Salonga on May 07, 2018, 09:32:23 AM

Quote from: Ismat Morshed on May 07, 2018, 09:11:18 AM

Bitcoin is so popular around the world.People still buy bitcoin because they like and love it and consider it as something useful and profitable now and for the future.They are still trust bitcoin that this will give their money the good profits in the future.

It is because they are a firm believers that bitcoin could bring the so much profit. It might be not now but in the near future. And also because the value/price of bitcoin keep on pumping.

Yes that is very right to say that people still doing investment in bitcoin, because they know that bitcoin is the most safe investment in current time, which can in fact give them a very good profit in a short time, bitcoin price will hopefully continue increasing for a long long time because bitcoin still is the most favourite investment for the investors.

Ashong Salonga

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Quote from: Ismat Morshed on May 07, 2018, 09:11:18 AM

Bitcoin is so popular around the world.People still buy bitcoin because they like and love it and consider it as something useful and profitable now and for the future.They are still trust bitcoin that this will give their money the good profits in the future.

It is because they are a firm believers that bitcoin could bring the so much profit. It might be not now but in the near future. And also because the value/price of bitcoin keep on pumping.

Ikay

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Because many users believe in btc and btc is more potential crypto currency was made because this is the first one and no one can predict when it will be done so many people get interested on it and many will invest with it.

Ismat Morshed

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Bitcoin is so popular around the world.People still buy bitcoin because they like and love it and consider it as something useful and profitable now and for the future.They are still trust bitcoin that this will give their money the good profits in the future.

qwertyup23

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Quote from: Walter Rothbard on April 19, 2013, 03:15:48 PM

Quote from: naphto on April 19, 2013, 03:04:15 PM

I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc,

Why on earth did you waste those hours?

Is this how you earn govt currency as well, or do you suppose there's a better way?

Please tell me you don't think bitcoin is useless because you can't make a decent Bitcoin income looking at advertising sites.

All of us have their opinion but please do not blame your incompetency towards something that is bigger in scope. Due to your lack of understanding, knowledge and skill about earning bitcoins, you are only able to garner a value which is relatively low.
Remember that everyone has to start from somewhere and that includes millionaires starting from scratch. Your statement is fallacious and invalidates most progress (including mine) of individuals who earned a lot of bitcoin due to their resourcefulness.

People invest into bitcoin due to its potential of yielding large amount of profits compared to any other investment tools present. Its convenience also makes it accessible to most individuals if they wanted to invest.

insikko0413

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Quote from: BertoloyBTC on May 07, 2018, 08:47:10 AM

Bitcoin is so popular around the world and it offer good things to people who will be engage in it , that is why people are still buying BTC because they trust bitcoin that this will give their money the good profits in the future and at the same time this bitcoin they are investing can be use for payments and other transactions in the digital world.

Bitcoin is worth and profitable investment that really helps a lot of people worldwide and that is the reason I think why there are still many people buying bitcoin as their primary choice of investment.

no0dlepunk

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Quote from: naphto on April 19, 2013, 03:04:15 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.

I never really meant to troll out and revive this tread but I really find a lot of inspiration here... as you can read, the tread starter doesn't have faith in bitcoin back in 2013 and he doesn't wanna HODL or buy anymore. He even sees a lot of flaws in the entire btc system...

I guess 5 years from now I would see myself full of regrets for selling all my 808 coins. ha ha!

BertoloyBTC

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Bitcoin is so popular around the world and it offer good things to people who will be engage in it , that is why people are still buying BTC because they trust bitcoin that this will give their money the good profits in the future and at the same time this bitcoin they are investing can be use for payments and other transactions in the digital world.

NOTARIUS_BTC

jr. member

Activity: 81

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You started this topic in 2013 and did not want to buy bitcoin when the price was very low. You did not understand what prospects and this currency. Now 2018, the price of bitcoin has soared many times, and the technology has become even better. It's never too late to think about it and understand that the crypto currency is the future.

hacekd

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Some predictions of increasing the value of bitcoin values are also supported by the trust of companies that accept payments by the Bitcoin method, such as Expedia, Rakuten, Dell, Overstock, and others.

Valzzz005

full member

Activity: 434

Merit: 100

Quote from: naphto on April 19, 2013, 03:04:15 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.

Because they know and they trust the bitcoins to be on top again and that is a great way for them to go be rich in the future. Because if you have an excess money just invest in bitcoins and we all know that they will rise again so your money will invrease without doing anything at all. That is why a lot of people are buying bitcoins they are tired of working on a labored jobs and invest on banks because that is kess profitable while bitcoins they can even make you a millionaire so they are counting on bitcoins.

GeniusAko

full member

Activity: 434

Merit: 117

Quote from: naphto on April 19, 2013, 03:04:15 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.

The reason why investors are still buying bitcoins because it is worth it. It is proven that we can be rich by having a lot of bitcoins because bitcoin is becoming more valuable as time passing by.

shekhar0005

newbie

Activity: 65

Merit: 0

Ok... People have trolled on this thread. Guys, look at the date of creation of this thread. It is in 2013. Obviously, people were unaware of bitcoin or crypto. So The person asked about it. Now in this time period, no one would have asked about this. Everyone knows that bitcoin is going high and will go higher.

sulendra12

hero member

Activity: 2814

Merit: 526

Undeads.com - P2E Runner Game

Uuh, if people not buying Bitcoin. How to determine the price of Bitcoin and it may remain to stay in one place because no one buy Bitcoin and it would be the end of Bitcoin. Also, people knowing about Bitcoin's advantages so they want to try it out by their self.

malah

full member

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Merit: 100

of course people are still interested in bitcoin and buy bitcoin because bitcoin has proven to be profitable for many people and has changed their lives for the better and more people who want to have a better life and get profit from bitcoin

PIR

member

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CRYPTOBLADES Octoblades 10.10

People still buy bitcoin because they like it and consider it as something useful and profitable now and for the future, they want to invest and save through it and no matter what other negative things people say against bitcoin they can never be stop... some may lose money some gain so much either the two attract them and seem they magnetized by it

Jessy Mediola

full member

Activity: 340

Merit: 100

Quote from: naphto on April 19, 2013, 03:04:15 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.

I think people continues to buy bitcoin is because the value is in very low price so that is the better tine to buy bitcoin for you to gain money. And bitcoin serves as their source of income of some of the users so they do believe in bitcoin. And also some users are only dependent on bitcoin so if the value is low they grab the opportunity.

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