Post
Topic
Board Bitcoin Discussion
Re: Why people are still buying Bitcoin?
by
teddyppap
on 30/05/2018, 12:35:41 UTC
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
To my mind, until now there are so many people who buy bitcoin the reason is very simple because they see the development of bitcoin, bitcoin has a strong foundation and always grows strong, as is clearly seen. bitcoin is constantly growing, bitcoin brings a high income for every investor, bitcoin money helps improve the economy for investors, help each investor get economic self, King helps farmers to make money with agile operations, so people always invest and trade bitcoin trading.