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Author Topic: Are you buying bitcoins? Why?  (Read 307694 times)
InsideBjorn
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June 07, 2016, 01:49:52 PM
 #2101

On this point im not buying any coin yet and that is only because ther are allot of people who are buying them and you have peiople who are mining them so im more kind of a miner.
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June 07, 2016, 10:25:46 PM
 #2102

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

My parents say that they won’t allow me to use a credit card; so I resort to bitcoin for payment; I was provided with $100 and I used all of it to buy bitcoin so that I can start my investment in it. Bitcoins are best for the people like me who dont have credit card and they want to spend online. Bitcoin has really make life easy for the people like me.
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June 08, 2016, 02:57:40 AM
 #2103

i buy bitcoin because i enjoy using it instead of any of other methods of spending money, bitcoin is the best.

Well that's true bitcoin is really good in using it for spending because bitcoin itself is a good currency. And not just because of it people buy today.
It is also because they want to get in and have profit for the upcoming halving, so people buy bitcoins.



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June 08, 2016, 03:39:13 AM
 #2104

Blockhalving is around the corner

I'm having the same thing in my head, I'm now just buying the bitcoin for the halving that is upcoming in July this year.
It will let the price increase without any doubts.
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June 08, 2016, 04:31:09 AM
 #2105

Blockhalving is around the corner

I'm having the same thing in my head, I'm now just buying the bitcoin for the halving that is upcoming in July this year.
It will let the price increase without any doubts.

Well most of the people here have the same thoughts on why we need to buy bitcoins in able to participate and earn some profit for the
upcoming halving.
And it is only a month long before it happens.

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June 08, 2016, 05:00:46 AM
 #2106

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.
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June 08, 2016, 05:04:45 AM
 #2107

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.


Well that's one of the things that is more important for buying bitcoin, not just by holding it and hoping for the price increase of bitcoin this coming halving. Trading with alt coin is also a good reason for buying bitcoins since the price of it will also increase after the price increase of mother of all crypto currencies.

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June 08, 2016, 06:04:31 AM
 #2108

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

Dont stop there. You can go much further with that. Trading is not that risky like gambling so you will not lose everything in it. You could buy more altcoins and see if there will be profit in it too.

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June 08, 2016, 07:23:36 AM
 #2109

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

Yeah, if you want to trade obviously you need to have a starting capital to play with and that's when buying is a good option rather than starting from scratch. However, you can also buy bitcoins for hoarding, for future price rises.

for me, I'm buying bitcoins for the coming halving, as I know that the price is going to rise. That's why i'm buying.
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June 08, 2016, 07:24:38 AM
 #2110

because price will rise in the future!!
Yeah I am buying Bitcoins to hold on to them for the future, the future can give us a good price which can lead to a good profit for us. It is not sure if the price will be good but I like to take the risk.
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June 08, 2016, 07:26:58 AM
 #2111

I buy bitcoin as my interest and a investment , using my extra cash to buy bitcoin ,and then ,I  hope they will give me a good return in  future  .
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June 08, 2016, 08:50:13 AM
 #2112

I keep my bitcoins because i hope they'll increase in price in the future...
I am also buying Bitcoins so that I can make money n the future with them. You have to be prepared for the future so I would like to take a risk because you do not know is I am going to make money with Bitcoins in the future.
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June 08, 2016, 09:07:35 AM
 #2113

I am not buying bitcoins just now because to be honest I am not really sure if they are a good investment. I have bought them in the past, but the timing was not the best because soon after I bought them, their value crashed and I was at a loss. So it's more wait and see now.
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June 08, 2016, 09:34:50 AM
 #2114

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

Dont stop there. You can go much further with that. Trading is not that risky like gambling so you will not lose everything in it. You could buy more altcoins and see if there will be profit in it too.

it's not like gambling but you can lost all your money too.
last month i lose arround 0.8btc at RDDcoin the price down from 20sat to 6satosi.

so i think the risk is same, but we can use tips/trick at trading and at gambling only pure luck
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June 08, 2016, 10:21:10 AM
 #2115

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

Dont stop there. You can go much further with that. Trading is not that risky like gambling so you will not lose everything in it. You could buy more altcoins and see if there will be profit in it too.

No, actually trading is very dangerous and although it shouldn't be regarded as gambling, it is very close to gambling and if you have no knowledge, then it is pure luck rather than skill involved.

I'd suggest just holding bitcoin. It's so easy and safe, and you'll profit in the long term easily.
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June 08, 2016, 10:49:30 AM
 #2116

I am not buying bitcoins just now because to be honest I am not really sure if they are a good investment. I have bought them in the past, but the timing was not the best because soon after I bought them, their value crashed and I was at a loss. So it's more wait and see now.
Would you mind telling us at what price your entry point was? Didn't you consider buying again when the price started to climb back up? Different emotions play different roles in helping us decide whether to buy, hold, or sell.
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June 08, 2016, 11:10:22 AM
 #2117

Of course i buy bitcoin cause i want profit from it. Bitcoin is profitable. You can even gain two time you purchase by making an investment playing gambling or trading too
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June 08, 2016, 11:10:22 AM
 #2118

I am not buying bitcoins just now because to be honest I am not really sure if they are a good investment. I have bought them in the past, but the timing was not the best because soon after I bought them, their value crashed and I was at a loss. So it's more wait and see now.
Would you mind telling us at what price your entry point was? Didn't you consider buying again when the price started to climb back up? Different emotions play different roles in helping us decide whether to buy, hold, or sell.

Probably he did at the peak, around $1000 I guess. I remember those times, I too, was tempted to buy. Lucky enough it did crash before I was able to.

@ontopic I've bought when it was still ~250ish, that's the last time I've bought directly.

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June 09, 2016, 02:40:56 PM
 #2119

I buy bitcoin in bdo bank,, because i like to invest in MMM hehe:) and its my first time
I am buying Bitcoins to make money because you can sell them later on if the price is higher so that you can make a profit. At the same time I also save money because I cannot spend it as much.
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June 11, 2016, 03:44:10 AM
 #2120

Me i never bought any amount of bitcoins in my whole time using bitcoins.Why would i buy it if ican get it free from faucets out there i have patience to do faucets and paid to clicks job online so i dont need to buy bitcoins

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