Why people are holding Gold?
This short answer caught my attention, simple yet very meaningful to me. Why people are holdong their golds? The same answer to those people who hold their bitcoins. They are waiting for the right moment to sell it, in short they are investing for a better and wealthier future. Because they all know, we all know that bitcoin value will rises just like the gold value.
That is the exact thought i can only think of when the question "Why people are holding bitcoin?" Comes. People had been holding their bitcoin with the hope that its value spike again just as what happened this year. They are waiting for the perfect chance for them to sell their invested bitcoin. It's really a good investment for future however, we don't really know if bitcoin's value will rise again especially that segwit is drawing near.