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Author Topic: Are you buying bitcoins? Why?  (Read 305008 times)
MaritiJames3
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June 07, 2016, 02:09:15 AM
 #2081

Im still waiting the price down to $540 before buy back

I'm also waiting on a price fall because the price that it now has is just too high for me, I do not want to buy on this amount.
Plus I also think it will fall with a bit if time this year.
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June 07, 2016, 02:18:56 AM
 #2082

never ask why buy bitcoin but rather ask when will you buy bitcoin?, Its the most lucrative investment right now but it is also the most dangerous, you will never know when will it crash it can low as 100 usd a pop in couple of minutes.

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June 07, 2016, 02:42:54 AM
 #2083

never ask why buy bitcoin but rather ask when will you buy bitcoin?, Its the most lucrative investment right now but it is also the most dangerous, you will never know when will it crash it can low as 100 usd a pop in couple of minutes.

Well maybe op just want to know why we should need to buy bitcoins and the question of when to buy is also associated with on why you need to buy bitcoins.
And don't be a negative thinker that bitcoin will crash to $100, yes there is a possibility but let's not hope for that, instead let's say that it will continue to pump.

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June 07, 2016, 03:59:17 AM
 #2084

Because I know that it will increase in the long run and this type of currency is futureproof.
It will not be abolished easily since this is peer to peer unless your government does it.
It is really a unique kind of currency and the founder of bitcoin (Satoshi Nakamoto) is absolutely genius and at the same time clever. Tongue

I want to see how will the bitcoin community be in the future and I want to be part of it!

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June 07, 2016, 04:00:53 AM
 #2085

never ask why buy bitcoin but rather ask when will you buy bitcoin?, Its the most lucrative investment right now but it is also the most dangerous, you will never know when will it crash it can low as 100 usd a pop in couple of minutes.

If it pops to 100, I'll eat my hat. The worst thing that can possibly happen is you lose 20-50% of your investment, there are millions of people salivating at the thought of 100$ BTC. The market is way too big now for it to flash-crash like a small volume shitcoin.

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June 07, 2016, 04:04:35 AM
 #2086

I think the Price will never decrease more than 350 € again.
Under this thinkings i bought sometimes but invested more in BTC Because the returns are simply more period.

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June 07, 2016, 04:09:00 AM
 #2087

After the recent jump of bitcoin price from $450 to $585, I think your question holds no value.

That is what we are buying bitcoin for. The price and the huge potential for the price increase in future. Holding bitcoin is also an investment. Not necessarily you have to invest it in anywhere. Just hold it for long time and you will get a massive return.

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June 07, 2016, 05:16:20 AM
 #2088

before, im buying bitcoins but now im not buying bitcoins i just making bitcoins with this forum in my signature campaign and invest it to other bitcoin business or programs, cause before i waste so much money in the investing sites that turns to scam.

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June 07, 2016, 05:42:07 AM
 #2089

before, im buying bitcoins but now im not buying bitcoins i just making bitcoins with this forum in my signature campaign and invest it to other bitcoin business or programs, cause before i waste so much money in the investing sites that turns to scam.


Well buying bitcoins and investing it to hyip/'s or ponzi scheme are just a waste of money if that's your purpose. And most of people today are just buying bitcoins to be in for the coming halving and doesn't want to miss out the chance of earning from it.
But I think most of people are not buying and just depending the price increase after the halving.

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June 07, 2016, 06:11:33 AM
 #2090

After the recent jump of bitcoin price from $450 to $585, I think your question holds no value.

That is what we are buying bitcoin for. The price and the huge potential for the price increase in future. Holding bitcoin is also an investment. Not necessarily you have to invest it in anywhere. Just hold it for long time and you will get a massive return.

You will be needing a massive amount of bitcoins also to see the profit in it. If some average guy just want to try it and buy just a few of it then it will not be felt and it tooks a massive amount of trust also to do that.





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June 07, 2016, 06:25:36 AM
 #2091

yes I am buying bitcoin because its rate is getting high


That's a good thing that I can also see about the price of bitcoin in buying bitcoins today, even the price is high but if you
think you will get profit from it once the price of bitcoin really pumps up.
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June 07, 2016, 06:58:26 AM
 #2092

yes I am buying bitcoin because its rate is getting high


That's a good thing that I can also see about the price of bitcoin in buying bitcoins today, even the price is high but if you
think you will get profit from it once the price of bitcoin really pumps up.

Thats not a very smart choice considering the price of bitcoin is quite up already, and what will happen after halving is only speculation until now, however law of economics mainly in FOREX but it can apply here also is that one pair like EUR/USD or whatever can't go up forever, and I think this should be the situation of bitcoin also that is it can't go up forever before making some corrections down the way just like EUR/USD pair. I hope you understand the correlation I am making.

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June 07, 2016, 06:59:33 AM
 #2093

Im still waiting the price down to $540 before buy back

I'm also waiting on a price fall because the price that it now has is just too high for me, I do not want to buy on this amount.
Plus I also think it will fall with a bit if time this year.
The perfect moment to buy some Bitcoin is that you have to buy it low so the chance will be higher for you to make profit.
And it is really hard to know what will happen after your investment but that is just the risk that you should take with Bitcoin.
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June 07, 2016, 07:37:08 AM
 #2094

No i never buy bitcoins the only thing i do is mining them and earning them with all kind of things. And further i invest in some comopanys off course with bitcoins but it does not give me a big profit so i dont know if i will continoui
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June 07, 2016, 07:56:52 AM
 #2095

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...
I also have some faith in the future of the Bitcoin and that is why I am investing in Bitcoins and holding on to them. It is not sure that the future price will be good but I like to take the gamble. 
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June 07, 2016, 08:00:36 AM
 #2096

Blockhalving is around the corner

500 ghs mining sign up now goo.gl/WnRqgI
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June 07, 2016, 08:05:43 AM
 #2097

Actually i want to buy but it is not possible now. The price of Bitcoin crossed 580$ today so no is selling Bitcoin for low price so where should i buy. Actually last month is the best days to buy Bitcoins but who knows this price will go this much high. I am looking for low price coins but not getting any where. Because of this price high only i was looking for low price coins. Now i am making Coins from signature campaign only.

You shouldn't think like that. Remember that fiat currency will eventually go to zero and be worth nothing at all. Not even a cent. So the bitcoin price relative to fiat currency doesn't really matter to me.

As long as I have money, I buy bitcoin. I buy it both as an investment, and as a store of value for the future.

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June 07, 2016, 08:11:03 AM
 #2098

I earn my bitcoins so i don't need to buy them,i bought btc only once when the price was much lower from now and i couldn't resist in buying some cheap coins  Wink
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June 07, 2016, 08:16:06 AM
 #2099

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

I am buying bitcoins (not as much as before but yet buying) because have found way to invest and grow those. And then even because believe that buy bitcoin is a good investment on itself. I believe that in long term bitcoin will have increased price. the last days give some right to my thoughts. And to not mention here that is not yet halving when the increase of price have much more reasons to happen.
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June 07, 2016, 09:25:08 AM
 #2100

I am buying BTC every  2 months

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