Quote from: BitcoinLoan on August 16, 2018, 10:52:08 AM

Quote from: OrangeII on August 15, 2018, 04:15:39 PM

Quote from: embargo on August 14, 2018, 11:42:43 AM

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

the simple is people believe in the currency of bitcoin, and also they believe could benefit greatly from buying bitcoin because of bitcoin is one of the classy assets. and the new one is looking forward to the emergence of Bitcoin ETF, where this news would raise the confidence of people to buy bitcoin.