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Author Topic: Are you buying bitcoins? Why?  (Read 305383 times)
wintermeasures
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May 20, 2016, 12:58:17 AM
 #1861

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

I buy bitcoin expect prices to rise in the future, and for daily income. bitcoin = internet so with trading i can pay internet bill Cheesy
thank you.
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JeffBrad12
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May 20, 2016, 01:11:17 AM
 #1862

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.

Yeah and major pump will be followed by major dump, and at that stage majority of people gets panic and sells all their coins, we need to have patience and faith.

This possibility will occur after halving. whereby when people panic buying before halving, and after halving the price increase, then they will make a big dump.

Yes and anything is possible with bitcoin, no one is assured about the price at the time of halving, it will be a major panic if price falls at the time of halving.
hopefully it does not happen dude ? but it will very likely happen panic selling when prices rise in halving
hopefully it can tackle with a lot of new users coming in and doubled the demand to bitcoin
then panic alternately be insurmountable. but all possibilities can happen


If prices is halving we can't assume will be occur a panic selling. Although if will occur maybe some people will occurance feel panic selling.
but I think for now prices is stagnant or stable. But i agree all possibilities can happen. Is more better if we positive thinking about that.


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MingLee
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May 20, 2016, 01:28:19 AM
 #1863

I might actually start considering buying more Bitcoin now, considering how the value has been taking a small dip recently, and it might be time to buy some Bitcoin and wait for the value to start going back up again. I haven't bought any Bitcoin recently, but this might give me an excuse to finally get really invested in Bitcoin.

I'm curious as to why the value has been dipping recently, it seems uncharacteristic, but we'll see what ends up happening.
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May 20, 2016, 01:29:01 AM
 #1864

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

I buy bitcoin expect prices to rise in the future, and for daily income. bitcoin = internet so with trading i can pay internet bill Cheesy
thank you.
yes I also expect that. bitcoin has a high price and bitcoin become one of the largest cash payment media. I believe that with the increasing technology, the greater the market share bitcoin.


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May 20, 2016, 01:53:05 AM
 #1865

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
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May 20, 2016, 02:13:25 AM
 #1866

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.

yeah i have also bought some using this opportunity, i was kinda waiting for something like this to happen because i had some spare money that i wanted to invest and add that to my previous stash.

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May 20, 2016, 02:15:16 AM
 #1867

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
Yeah this is the time the best to buy because of $20 decreases.. I am right that the price will still decrease in this month because block halving is too far.. and the effect of block halving is not so fast.. so i think in few months before we will the price hit 600 value..

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bitcoineverything
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May 20, 2016, 07:23:59 AM
 #1868

Invest only the amount you can afford to risk or lose. This principle has been even more real nowadays. When you buy or invest in bitcoin, it is like gambling where chances increase more than usual. If Bitcoin scaling problem is not solved, there is a possibility that the price of bitcoin will go down to zero as another cryptocurrency will rise to take the place of bitcoin. So all we need is just to take precautions and be mindful of what you are into before investing.

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May 20, 2016, 07:39:32 AM
 #1869

The main reason why people is buying some Bitcoins is that they want to earn profit with Bitcoin and they have to know that it can takes a long time until the value will be more worth.
And some people wants also to try a new payment method and that would be perfect for the Bitcoin.

agree with you, it's the main reason, each people want to growing his money, then he choose bitcoin as investment or just trade it, so he can earning some profit after sell back his bitcoin in higher price.
As you know you see that the value of the Bitcoin is not even that high and that is the problem because there a  lot of people that wants to make profit with their Bitcoin.
But people that havent Bitcoin yet want to try it as a new payment method and wants to earn profit with it.
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May 20, 2016, 11:03:32 AM
 #1870

Invest only the amount you can afford to risk or lose. This principle has been even more real nowadays. When you buy or invest in bitcoin, it is like gambling where chances increase more than usual. If Bitcoin scaling problem is not solved, there is a possibility that the price of bitcoin will go down to zero as another cryptocurrency will rise to take the place of bitcoin. So all we need is just to take precautions and be mindful of what you are into before investing.

That's right, and it is not suggested to invest all your savings. Once you invest your savings and your investment didn't click. Well that's a big down fall for you.
Might better expect for the best and also for the worst in investment. But today, it is a very good timing to buy bitcoins.
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May 20, 2016, 11:07:23 AM
 #1871

dam I have a buy order in at 400 and 420 each for 1 btc

Im buying ahead of the halving on speculation but it wont
drop low enough to fill the order

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May 20, 2016, 11:10:58 AM
 #1872

Invest only the amount you can afford to risk or lose. This principle has been even more real nowadays. When you buy or invest in bitcoin, it is like gambling where chances increase more than usual. If Bitcoin scaling problem is not solved, there is a possibility that the price of bitcoin will go down to zero as another cryptocurrency will rise to take the place of bitcoin. So all we need is just to take precautions and be mindful of what you are into before investing.

That's right, and it is not suggested to invest all your savings. Once you invest your savings and your investment didn't click. Well that's a big down fall for you.
Might better expect for the best and also for the worst in investment. But today, it is a very good timing to buy bitcoins.

But I think its worth to invest money in bitcoin at this stage, and only reason is that we will have halving in 2 months so we can earn good returns if price goes higher.
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May 20, 2016, 11:17:26 AM
 #1873

dam I have a buy order in at 400 and 420 each for 1 btc

Im buying ahead of the halving on speculation but it wont
drop low enough to fill the order


If you are waiting for the price of bitcoin to go down to 400 or 420 I think that won't happen maybe because most of the time bitcoin price ranges
to $450-$460. But still, we can't say what will happen to bitcoin let's just believe with it on anything that happens.

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May 20, 2016, 11:21:11 AM
 #1874

Invest only the amount you can afford to risk or lose. This principle has been even more real nowadays. When you buy or invest in bitcoin, it is like gambling where chances increase more than usual. If Bitcoin scaling problem is not solved, there is a possibility that the price of bitcoin will go down to zero as another cryptocurrency will rise to take the place of bitcoin. So all we need is just to take precautions and be mindful of what you are into before investing.

That's right, and it is not suggested to invest all your savings. Once you invest your savings and your investment didn't click. Well that's a big down fall for you.
Might better expect for the best and also for the worst in investment. But today, it is a very good timing to buy bitcoins.

Today is very good timing to buy bitcoin, it mean you already surely that the price of bitcoin will more growing up rather than nowadays, it is not wrong . I am also hope that bitcoin price go up highly soon.

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May 20, 2016, 11:21:30 AM
 #1875

The main reason why people is buying some Bitcoins is that they want to earn profit with Bitcoin and they have to know that it can takes a long time until the value will be more worth.
And some people wants also to try a new payment method and that would be perfect for the Bitcoin.

agree with you, it's the main reason, each people want to growing his money, then he choose bitcoin as investment or just trade it, so he can earning some profit after sell back his bitcoin in higher price.

And I think that is the right way to play with bitcoin, if its allowing us to make profits with trading then we should not miss this opportunity.

yes in this time we have to take the opportunity and the opportunity is not a single one but there are twice opportunities, one is the trading high earning due to the extreme variations in the price and the other is halving when the price will get more height.

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May 20, 2016, 11:25:56 AM
 #1876

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
Yeah this is the time the best to buy because of $20 decreases.. I am right that the price will still decrease in this month because block halving is too far.. and the effect of block halving is not so fast.. so i think in few months before we will the price hit 600 value..

As mentioned it looks to be the best time to buy as the price has decreased $20 after a long time. Also if you have patience then buy possible number of bitcoin and hold till the days of halving which is expected after months.

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May 20, 2016, 11:31:12 AM
 #1877

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
Yeah this is the time the best to buy because of $20 decreases.. I am right that the price will still decrease in this month because block halving is too far.. and the effect of block halving is not so fast.. so i think in few months before we will the price hit 600 value..

As mentioned it looks to be the best time to buy as the price has decreased $20 after a long time. Also if you have patience then buy possible number of bitcoin and hold till the days of halving which is expected after months.

I agree with you this is the best time to buy bitcoins and the price today is really dropped that buyers and investors are in favor of it.
So go buy bitcoins now and after an hour I guess, it will just pump again.

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May 20, 2016, 11:39:28 AM
 #1878

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
Yeah this is the time the best to buy because of $20 decreases.. I am right that the price will still decrease in this month because block halving is too far.. and the effect of block halving is not so fast.. so i think in few months before we will the price hit 600 value..

As mentioned it looks to be the best time to buy as the price has decreased $20 after a long time. Also if you have patience then buy possible number of bitcoin and hold till the days of halving which is expected after months.

I agree with you this is the best time to buy bitcoins and the price today is really dropped that buyers and investors are in favor of it.
So go buy bitcoins now and after an hour I guess, it will just pump again.

You mean, it is good time to buy the bitcoins now, that's your opinion and i respected it, but i think, you should checking out the price of bitcoin, because my opinion is that it is not suitable time to buy the bitcoins,now bitcoin is in high price and i believe it is a selling time. but if you want to buy the bitcoins so should wait till the end of halving when it will finish than bitcoin come down than you buy it in low price. i think that is a good time to buy the bitcoins.
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May 20, 2016, 01:02:50 PM
 #1879

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
Yeah this is the time the best to buy because of $20 decreases.. I am right that the price will still decrease in this month because block halving is too far.. and the effect of block halving is not so fast.. so i think in few months before we will the price hit 600 value..

As mentioned it looks to be the best time to buy as the price has decreased $20 after a long time. Also if you have patience then buy possible number of bitcoin and hold till the days of halving which is expected after months.

I agree with you this is the best time to buy bitcoins and the price today is really dropped that buyers and investors are in favor of it.
So go buy bitcoins now and after an hour I guess, it will just pump again.

You mean, it is good time to buy the bitcoins now, that's your opinion and i respected it, but i think, you should checking out the price of bitcoin, because my opinion is that it is not suitable time to buy the bitcoins,now bitcoin is in high price and i believe it is a selling time. but if you want to buy the bitcoins so should wait till the end of halving when it will finish than bitcoin come down than you buy it in low price. i think that is a good time to buy the bitcoins.

I looked at price of bitcoin and I saw $458 to its value, I think it is still good to buy bitcoins today and for me it is still a low price.
And good thing for bitcoin buyers & investors.



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Rainbot
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Babayega31
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May 20, 2016, 01:06:05 PM
 #1880

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
Yeah this is the time the best to buy because of $20 decreases.. I am right that the price will still decrease in this month because block halving is too far.. and the effect of block halving is not so fast.. so i think in few months before we will the price hit 600 value..

As mentioned it looks to be the best time to buy as the price has decreased $20 after a long time. Also if you have patience then buy possible number of bitcoin and hold till the days of halving which is expected after months.

I agree with you this is the best time to buy bitcoins and the price today is really dropped that buyers and investors are in favor of it.
So go buy bitcoins now and after an hour I guess, it will just pump again.

You mean, it is good time to buy the bitcoins now, that's your opinion and i respected it, but i think, you should checking out the price of bitcoin, because my opinion is that it is not suitable time to buy the bitcoins,now bitcoin is in high price and i believe it is a selling time. but if you want to buy the bitcoins so should wait till the end of halving when it will finish than bitcoin come down than you buy it in low price. i think that is a good time to buy the bitcoins.

But really if you can see halving is approaching and by halving event price of bitcoin may even be go higher and it will double its current price and my thoughs for that is its really ok to buy now its in cheap price for now and good to stake, and maybe bit to high for you but the fact is you can still earn with it in halving.
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