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Author Topic: Are you buying bitcoins? Why?  (Read 305562 times)
omahapoker
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November 10, 2015, 02:16:18 PM
 #21

Because I believe in the currency. I think it will rise in the next 5-10 years... thats why I buy a bit of bitcoin every month...
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November 10, 2015, 02:19:39 PM
 #22

The recent hike in price motivated me to buy more Bitcoins. It's the first time I bought few bitcoins using cash prior to which I used to purchase stuff for people at Brawker and perform tasks to buy the bitcoins they had put into escrow.


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November 10, 2015, 02:49:25 PM
 #23

I buy Bitcoins, a little bit, so I can afford. I think that Bitcoin is not going to cost less than $ 350. Therefore, it is high-grade storage means.
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November 10, 2015, 02:50:51 PM
 #24

Buying bitcoins? no. Im not using my fiat to buy bitcoin. Why use fiat if theres a way to earn btc for free. Maybe earning btc just in case of emergency, ill convert it into fiat and use it.

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November 10, 2015, 03:02:01 PM
 #25

I earn some bitcoin by taking part in the signature campaign. I also mine altcoins and change to bitcoin. I will use some of my coins.
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November 10, 2015, 03:26:14 PM
 #26

I buy bitcoin on the advice of my friend, when my friend get pretty much profit when prices rise very high bitcoin. I tried to buy but not a lot, but I also get a considerable profit Smiley

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Beliathon
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November 10, 2015, 03:28:51 PM
 #27


Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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November 10, 2015, 03:34:00 PM
 #28

Well because you can get profit if it goes higher.

And is nice to buy some goodies Cheesy
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November 10, 2015, 03:39:34 PM
 #29

I started buying Bitcoins because I did not trust other online payment methods like credit cards and PayPal. I was also a victim of credit card fraud and I got no protection from my

bank. I had to pay back the money, someone else spend and lost a considerable amount of money. I have done thousands of online transactions with Bitcoin and had no problems.

I also like the low fees and the "no charge back" option for the merchants. I will continue using Bitcoin and buying it in small quantities and I also got rid of my credit cards... paid

up, from Bitcoin profits.  Grin

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Iceborn
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November 10, 2015, 03:45:43 PM
 #30

Yes I buy bitcoins, not a lot though

I believe it's a good investment for the long term and it's kinda a hobby of mine

It's pretty fun
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November 10, 2015, 03:49:29 PM
 #31

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

yes of course I bought bitcoin for trade and make profit. also bitcoin is a long-term investment which is very definite
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November 10, 2015, 05:37:46 PM
 #32

Yes i do buy Bitcoins.. It serves me three purpose, one is to sell again when the price is higher than what i paid it for, second is online sports betting and third is to pay bills online.
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November 10, 2015, 05:51:13 PM
 #33

I do not have big money to invest in bitcoin so I buy in small quantities. I do buy bitcoins for only one reason. The reason for buying bitcoin with the expectation of future price rise. Yes bitcoin is my investment.

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November 10, 2015, 05:54:19 PM
 #34

I buy small amounts now with the prospect of it rising in price mid spring time next year.
I tend not to put all my investments into one basket as you never can predict what the future may hold.
So hold now until mid December  Wink

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November 10, 2015, 05:57:06 PM
 #35

yes i buy it especially in the last week when the price very unstable i became so often buying and selling bitcoin
and earn quite profit from it Grin Grin Grin

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November 11, 2015, 07:40:20 AM
 #36

Buying bitcoins? no. Im not using my fiat to buy bitcoin. Why use fiat if theres a way to earn btc for free. Maybe earning btc just in case of emergency, ill convert it into fiat and use it.

What is your way to earn bitcoin for free? Do you earn from faucets? But that amount is too small. You can earn some bitcoin by attending signature campaign.
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November 11, 2015, 07:51:27 AM
 #37

What I'm doing is not exactly buying, rather I'm earning Bitcoins, but I'm definitely not selling them. I'm holding my Bitcoins now because I think $314 and even $350 is an undervalued price. The real price for BTC now would be $400 IMO, but even then, at $400, I would not sell them becuase I think the price will be around $500 by summer 2016.

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November 11, 2015, 08:56:46 AM
 #38

Buying bitcoins? no. Im not using my fiat to buy bitcoin. Why use fiat if theres a way to earn btc for free. Maybe earning btc just in case of emergency, ill convert it into fiat and use it.

Usually the one who are buying bitcoins has a chance to earn more, well they are doing this if the bitcoin value goes up, their BTC will also increases, then if the BTC goes does that is the time they will convert their BTC to dollar, they earn if their BTC max the value of dollar, traders usually do this too.

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November 11, 2015, 10:19:30 AM
 #39

Yes I buy bitcoins, not a lot though

I believe it's a good investment for the long term and it's kinda a hobby of mine

It's pretty fun

It is a good investment tool for the future that is for sure, but why are you buying bitcoins?? Try to earn bitcoins by joining some good signature campaigns and you can weekly earn some good amount of bitcoins as the price of bitcoins is high at a moment so it is not a  good option to buy bitcoins, earn bitcoins, hold it and sell it at a right time.
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November 11, 2015, 10:31:13 AM
 #40

Not atm, still waiting for a price to drop a bit, then I would by.

The reason is by low sell high, so I can have some decent amount ( more than yesterday, less than tomorrow ) in stock if the price skyrockets
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