Quote from: Kersh768 on July 09, 2017, 11:44:59 PM

Quote from: Jewell on July 09, 2017, 11:15:22 PM

Quote from: doomloop on July 09, 2017, 05:23:25 PM

Quote from: Turox on July 08, 2017, 06:25:25 AM

The simple reason is to hope for a profit in the future, many people speculate about the future of bitcoin and many are optimistic bitcoin will replace real money such as dollar, euro, yen and many more.

I will agree and disagree at the same time. I agree with your first statement, recent studies shows immense ups in the rate of bit coin. Well I dont think bitcoin is any threat to other currencies. Its not gonna replace them. Bit coin is an opportunity why we treat it as a threat.

the opportunities that bitcoin have compel use to choose bitcoin. i do not think that there is any other investment from where one ca get such a good profit.

I don't think so. Altcoin is also a good investment. The main reason to choose bitcoin among them it's because its market volume is the biggest in crypto currency thus the risk is lesser. Also, not just for making profit purposes, it's very easy to use in transfering balance.

currently people are buying bitcoin for investment purposes because of its fluctuation bitcoin is providing opportunities to people to make money but even in future when people will become able to use bitcoin as currency still their fist choice will be bitcoin because bitcoin is the most reliable and trusted crypto currency of the world. and one may be able to use it both for online shopping as well as to use it in local shops.