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Author Topic: Are you buying bitcoins? Why?  (Read 306006 times)
makcik
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November 13, 2015, 03:27:42 PM
 #101

Actually, I'm a little short on fiat currency right now.. So I cannot buy bitcoins at that time.
But, still I would like to tell reasons why someone would buy bitcoins.
(1) For trading-- Its a new way of earning through bitcoins now.
(2) For transactions-- bitcoin is a currency so obviously people will buy things from it.. And make transactions.
(3) For illegal things too-- Some people use it for gambling and negative things like ransom.
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dongchi
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November 13, 2015, 03:35:40 PM
 #102

I'm buying bitcoins because I feel it still cheap. Grin

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November 13, 2015, 04:33:00 PM
 #103

Yes I buy bitcoins, I'm saving them up for now I believe that the price will go up

So until then I'm saving as much as I can

It's fun  Cheesy
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November 13, 2015, 04:59:28 PM
 #104

I am not buying too often. I bought some when I need to purchase miner. Now I buy some as I feel that price will go up. Will see how it will go.
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November 13, 2015, 05:07:46 PM
 #105

I am buying for investing/trading, with the idea of keeping the trading profit in Bitcoin for the future.

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November 13, 2015, 05:16:53 PM
 #106

Share with us what's your main reason for buying bitcoins?

I bought for the first time bitcoin when I hear about it. It was more than 2 years and half ago. I bought 4 bitcoin and the price was about 63 us dollar 1 bitcoin. I eat myself today to not bought 100 and not only 4. What was the reason of the bought? Initially because I wanted to be part of an opportunity online which accepted only bitcoin. This site make me know bitcoin and make me interested to learn more about it. Then I continue to learn more and more about it and slowly become affectionate with it. More learned and more become convinced about its potential. So initially was for being part of an opportunity and then because had conviction that it will be important some day. I have again this conviction and continue to buy little amounts (cannot buy more) time after time.
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November 13, 2015, 07:29:16 PM
 #107

Two reasons in my case: curiosity for the phenomenom and greed.

Curiosity has been sparked by the fact that Bitcoin might expand to be a major factor in the financial world, and perhaps one day be the financial world itself. The possibilities are gigantic but lack of public awareness and acceptance could hinder the uprising of crypto. With greed I mean the possibility to profit from the volatile prices of bitcoin (buy low, sell high. At least, that's the plan). Right now I aim to gain profit from bitcoin but at the same time expand my amount of crypto over time.
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November 13, 2015, 07:37:17 PM
 #108

I buy them because they are shiny and I get a good feeling looking at them.  When I get enough I will stack them into fun shapes like I do with poker chips.

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November 13, 2015, 07:39:47 PM
 #109

Whenever I can buy I do until I reach my target to have at least 10 Bitcoins.I am buying and collecting through different ways and already reached more than half of my target.Why I am buying the reason is simple price of bitcoin will boom in couple of years from now onwards and this is life time chance to do something for bright future.

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November 13, 2015, 07:59:57 PM
 #110

I keep buying bitcoins the reason is this will be more precious than metal in future.I am holding and buying with extra money and don't mess up with my needs for everyday life.I believe one day bitcoin will create new class of elite in next 5 or 10 years.

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November 13, 2015, 08:25:48 PM
 #111

Two reasons in my case: curiosity for the phenomenom and greed.

Curiosity has been sparked by the fact that Bitcoin might expand to be a major factor in the financial world, and perhaps one day be the financial world itself. The possibilities are gigantic but lack of public awareness and acceptance could hinder the uprising of crypto. With greed I mean the possibility to profit from the volatile prices of bitcoin (buy low, sell high. At least, that's the plan). Right now I aim to gain profit from bitcoin but at the same time expand my amount of crypto over time.

I have a different problem with greed, I feel that I never have enough, so I am always trying to get my hands on some extra coins. Lately I have started doing dumb things and making mistakes because of this.

Greed is a nasty player!
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November 13, 2015, 08:27:19 PM
 #112

I might buy BTC occasionally, if I need to make some quick money and I see that bitcoin is doing well. I never hold more than a hundred dollars in my wallet for a long period of time, though. I don't think bitcoin is currently stable enough to accommodate long-term savings.
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November 13, 2015, 09:44:01 PM
 #113

No i'm not buying right now. The risk is not worth it and I have no money to lose. I'll wait for another pump.


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November 13, 2015, 11:51:46 PM
 #114

I have a plan to buy it,but not now,i will wait my money enough to buy much more,and wait for cheap price Cheesy
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November 14, 2015, 12:12:24 AM
 #115

Share with us what's your main reason for buying bitcoins?

I keep my bitcoins because i hope they'll increase in price in the future...

MMM participants get up to 100% per month
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November 14, 2015, 12:23:52 AM
 #116

I was buying $50 worth every week when I got paid. I did that for most of this year. I dumped them all at $420. Hopefully it's rinse and repeat. We will see.

I also have my original stash I'm keeping to $0 or $1000000000
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November 14, 2015, 12:27:22 AM
 #117

Share with us what's your main reason for buying bitcoins?

I keep my bitcoins because i hope they'll increase in price in the future...

MMM lol
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November 14, 2015, 01:03:33 AM
 #118

There are only 2 mainly reasons I see why people buying btc's. First is by taking advantage when the price is dip to make profit and second for hodl purposes which can make them really rich supposedly if the price will kick.

How about buying for collections? Nah not  recommended for now.

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November 14, 2015, 01:15:02 AM
 #119

Share with us what's your main reason for buying bitcoins?

I keep my bitcoins because i hope they'll increase in price in the future...

I think if you do trading like buying at lower price and sell when prices go up then you can make more profits
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November 14, 2015, 01:18:20 AM
 #120

Share with us what's your main reason for buying bitcoins?

I only buy when it's dumped in big exchanges. I like cheap coins so much. Other than buying I usually hold my coins, I used to spend a lot but now I'm waiting block halving. I guess we'll see at least %100 raise so holding is more reasonable these months.


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