Quote from: keanne_isaac on May 31, 2018, 10:46:10 AM

Quote from: First77 on May 28, 2018, 09:25:11 AM

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.

people continue to buy bitcoin because they think price may continue to grow overtime year on year the demand of bitcoin are increasing this just mean that price will comtinue to grow also when the demand is also growing.

they buy, wait and hope someone will buy back with higher price. just like matrix, hyip. that's not invest. just gambling