Post
Topic
Board Economics
Re: Why people are still buying BTC?
by
BitcoinLoan
on 16/08/2018, 10:52:08 UTC
People buy bitcoin for two reasons - see this as an opportunity to earn and the opportunity to save capital in such an unstable and controlled financial system.
because they need it. we will not buy anything if we don't need it. so they buy bitcoin for an important reason. they might buy bitcoin to invest, or it could be to develop a project. that's why people always buy bitcoin.
Bitcoin price factors for buying  are both macro and micro environmental, such as global changes in regulation or world events.For example, the sanctions placed on Turkey recently affected the price of the Lira and drove people to purchase Bitcoin, which could have impacted the price of Bitcoin if Turkey had a larger economy