Why are people still buying Bitcoin?

[FastCrypto]

Yea that's the question I am asking all the time. The only answer comes to my mind is - people are stupid and follow main stream. No one wants to think.

[Friendlyhorse]

Because they are watching too much yellow press and don't really understand what is the right timing for purchase or right coin as such.

[COINER]

In my opinion, why there are still many people who invest or buy the Bitcoin is because they still believe that Bitcoin is the king of the cryptocurrency. They still believe that BTC has the high value and it becomes the pioneer of the other altcoins.

[kokoy020795]

People who buy or invest in bitcoin are one who really understands and has the dream to improve their lives. They are the one who are knowledgeable to this thing.   

[nhoj25]

The current interest in bitcoin is naturally partly fueled by the huge rise in price. As like as one of the million people, we’re easily tempted to conform to what everyone around us seems to be doing. Bitcoin can be a good source of money/income if we invest well.

[Slamet semen]

maybe they want to get a profit, though not a lot of profit but they still survive to trade to bitcoin.

[Slamet semen]

because I want a little profit to get results, without results I can not buy what I want.

[itoyitoy123]

The current interest in bitcoin is naturally partly fueled by the huge rise in price. As like as one of the million people, we’re easily tempted to conform to what everyone around us seems to be doing. Bitcoin can be a good source of money/income if we invest well.

Yeah im agree with your thoughts mate,  we know its hard to believe thats many people investing bitcoin but theirs a lot of token and affordable but having a bitcoin and smart investing im sure it will be a big profits to come until the bull price comes.

[Contagem]

At the end of 2017, Bitcoin revealed that it could reach a price of 20 thousand dollars and people who today buy Bitcoin for 7-8 thousand dollars understand that Bitcoin has good growth potential and can again cost 20 thousand dollars and even more. This desire to get rich is pushing people to purchase Bitcoin today.

[felixesteban]

I don't think people buy bitcoin on these days, after they saw terrible declines. But presumably now is the best time to buy. Not only bitcoin but all altcoins are incredibly cheap. It seems that those who take risks and buy coins will gain a lot.

[Lezzkie22]

I would still invest bitcoin. As you have said this is a trusty invetment. And many business man are involve to it. And other things. Bitcoin price now has a very low value this month. And maybe they increasing this coming ber months. So if i have a money i invest now before its to late.

[Jun]

 the want to take advantage to purchase bitcoin .trust is the reason because bitcoin is best crypto currency in the price continue to increase

[Coingold]

People buy bitcoin now and hold till the price raised again which will yield a huge profit as it may hit more than $20k the next time it will peak. It a big chance for those who were not oppotuned to get it before to buy now since the price is low.

[WolfwOod]

Well, I don't think everyone is investing for just profit. For me is an insurance if things ever get really bad in the future for our economy. On global crashes people return to gold to keep their money safe. I guess that they will probably return to bitcoin as well when the next crash occurs.

Also bitcoin could really become a reliable currency in the future. If it ever achieves that, it will have to become a global currency, meaning that $16k is just to low. So who cares if it will take 5 years or more. If bitcoin succeeds in it's goals it will be much more valuable than it is now, and it could actually become an option to be used, and not just to be sold for profit. What will a merchant do, when people will start asking to pay with bitcoin and not with anything else?

This is something that I doubt gold will have. People will not start using gold as a currency, but bitcoin will probably take that path and become more valuable and useful than gold.

[kimhoagmail]

because it still value to thousands $$