Why people are still buying BTC?

[cammie16]

People invest in bitcoin there are many ways.
They see good reasons to stick with it and most of them think long term.

People are buying bitcoin because of thinking and hoping that they can also get huge profit like the other investors that are wealthy now because of investing and believing in bitcoin.

[Dudeperfect]

Bitcoin is useless

I think that people are still buying Bitcoin because there are the people who have certainly different opinion from OP. Personally, I believe that Bitcoin has a potential to transform the way live today and it can optimise our financial lifestyle and indirectly the economy in the coming years. On the other hand, It is gaining momentum day by day irrespective of the market corrections took place in the past. The number of believers is much more than the number of critics and hence people are still buying Bitcoin.

[Scor1937]

It will bring you a lot of money in future. Only 24 millions of these coins are in the world. Just think how the billionaires will want to have at least one such in their collection? They will offer thousands of dollars.

[jambul_kribo]

It will bring you a lot of money in future. Only 24 millions of these coins are in the world. Just think how the billionaires will want to have at least one such in their collection? They will offer thousands of dollars.

let me correct about bitcoin supply.it only 21millions, not 24 millions.with limited supply and the difficulty to generate bitcoin , make its price become more exspensive.evenmore after halving.

[dublados]

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://asktom.cf/index.php?topic=174600.0 ). 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.

It's being utilized as a money everywhere. The rundown of traders that acknowledge bitcoins as installment develops significantly day by day. Exchanges are commonly checked in not over 10 minutes, and turn out to be computationally harder to fake or switch over the long haul. You can purchase bitcoins right now on any of the trades, and it's genuinely easy. I purchased around 20 BTC back when they were $13 dollars a piece, and got the money for on amid the underlying ascent to 90. At that point I grabbed more shabby ones at 75, and I'm clutching them. For what reason would I do that? Since I profited! Trouble builds BECAUSE more individuals are mining. In the event that individuals quit mining, trouble abatements, and mining turns out to be more beneficial. What's more, there are PLENTY of organizations that have not been imperiled. Organizations being imperiled doesn't present an issue with bitcoin itself, it gives an issue the organizations who are getting hacked, and their absence of security.

[engrlodi]

Well bitcoin will have a better future, it will have more volume of investors that are interested in bitcoin and as we can see bitcoin are improving more and they want to improve more for our satisfaction. Bitcoin will have a huge value in the market if we are always patronizing bitcoin. People buy more for the opportunity to have a huge profits in the future so that they will have a big money if they got a huge profits. Bitcoin can help life easier and it gives money to the investors more.

[Bitcoinbitcoin0909]

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://asktom.cf/index.php?topic=174600.0 ). 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.

Just take a look back at bitcoin's history and try to understand why people are still patronizing it. A lot of people ended up being rich way back due to buying bitcoin at a low price and holding it till it rises again. All of us who have bought bitcoin are also hoping that bitcoin's price will somehow grow soon so that we can gain much benefit as we hold it for a very long time.

[amber deposit]

People still buying bitcoin because they believe in the future of bitcoin will continue to improve, which is why many people are optimistic that by buying bitcoin it will make it rich and successful.

[bitzizzix]

Why do people still buy bitcoin, because people still trust bitcoin because they will change their lives for the better and because bitcoin is promising and also profitable.
and everyone competes to get bitcoin in any way and in various ways to get it and all the proceeds from their efforts and hard work will not be in vain and will be paid out of their results and their patience in the form of investments or other means just to make a profit of bitcoin.

[Vritesh]

People are still buying bitcoin because they know bitcoin has a large potential of making their investments successful. It is the best investment asset until now. Inspite of the crisis bitcoin is still growing fast. People will get more opportunities to invest more and gain maximum profits. It will give the economy a new height of progress. So buying bitcoin is a wise decision.

[cryptoguy1234]

Individuals are as yet purchasing bitcoins in light of the fact that they realize that bitcoin gives such gigantic benefits after financial specialists have tolerance. Purchasing and holding a decent bitcoin to get a wage once the bitcoin cost goes up. Furthermore, People keep on buying bitcoin in light of the fact that they see that bitcoin has a future in the market. Today the estimation of bitcoin keeps on rising and offers want to individuals keep on believing in bitcoin. I think this is clear, bitcoin costs are extremely intriguing at this point.

[HasiViraj]

On account of more individuals trust how bitcoin change their monetary life that is the reason they keep on investing bitcoin and its extremely productive wellspring of pay. Additionally, they need to have bitcoin and some altcoins in light of the fact that they can utilize it to a few bills through on the web and it spares time than to go in bank or charging focus and fall in line and hold up 60 minutes. Well being and protection of your exchange are straightforward nobody will see your exchange just yourself.

[sigam batat]

Probably most of those who buy bitcoin today because they are sure a bitcoin will bounce high again and again they think that now is a very appropriate time to buy bitcoin Because the price is cheap

[dasana212]

People are still buying bitcoin because they know bitcoin has a large potential of making their investments successful. It is the best investment asset until now. Inspite of the crisis bitcoin is still growing fast. People will get more opportunities to invest more and gain maximum profits. It will give the economy a new height of progress. So buying bitcoin is a wise decision.

In this era, invest in Bitcoin is a highly profitable investment, we could easily get an advantage if we buy cheap and sell when it is expensive. Bitcoin will remain a valuable asset in the future.

[Elai101]

Probably most of those who buy bitcoin today because they are sure a bitcoin will bounce high again and again they think that now is a very appropriate time to buy bitcoin Because the price is cheap

Maybe because they still trust how bitcoin can give them good future, it can be a good investment to keep because we know its volatility and every time from now the value will keep changing from dump to pump. So, if there is a chance to buy more and more BTC i will not hesitate to buy and hold for a while. Bitcoin now is considered as an asset, it has a great potential to use as an exchange and legalize in the whole country.

[ucingucingan]

because they include I believe that the price movement of a commodity can be learned and always repeats every time by forming a pattern, this is what I expect to happen also to bitcoin and some other commodities, so the pattern of price movements that are repeated to be both hope and motivation to buy and keep bitcoin holding

[ganlianshifu1]

Because as more and more people agree and believe in the currency attributes of Bitcoin, Bitcoin will take on the role of value storage, and because human wealth is growing rapidly, bitcoin as a currency naturally rises.

[Ava Duvall]

its low now , but like always BTC has its ups and downs, so people who invest see a perspective. they believe that soon enough their will be a high point and they will ear and benefit from it. its as simple as that

[lsmf]

People continue to buy BTC because:
1 - They perceive that the market is consolidating, with the entry of large companies (in a discreet way) and investors with large sums of resources. When people realize this (usually through the news), they believe that the investment is worth it;
2 - Other people buy Bitcoin because they have heard someone say that they can make lots of money;
3 - There are still those who believe that Bitcoin will become a substitute for the money issued by the governmental authorities (FIAT);

As pessoas continuam comprando BTC porque:
1 - Percebem que o mercado está se consolidando, com a entrada de grandes companhias (de forma discreta) e investidores com grandes somas de recursos. Quando as pessoas percebem isso (geralmente por meio do noticiário), acreditam que o investimento vale a pena;
2 - Outras pessoas compram Bitcoin porque ouviram alguém dizer que poderão ganhar muito dinheiro;
3 - Há ainda aqueles que acreditam que o Bitcoin se tornará um substituto ao dinheiro emitido pelas autoridades governamentais (FIAT);

[Nissan-GTR]

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://asktom.cf/index.php?topic=174600.0 ). 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 guess they see what really Bitcoin could do and I guess that's the main reason why Bitcoin is very popular up to this point which Bitcoin really depreciate and I guess if you are involved already in this platform gaining is not always the sure thing to achieve, a better projects and services that they can offer to everyone is enough reason to stay here and keep investing, not only to gain but also to have a sustainable way of living.