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Author Topic: Are you buying bitcoins? Why?  (Read 306800 times)
Dudeperfect
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July 30, 2016, 04:35:03 PM
 #2801

Yes, I am buying bitcoins and I purchase bitcoins under my systematic investment plan. I strongly believe that bitcoins are undervalued right now and we are still in the early phase of this revolutionary technology. When more financially literate people will start using bitcoins then we will move towards mainstream of digital global economy.

So instead of directly investing fiat, I buy some part of bitcoin and invest it (so I actually invest in both ways, actual investment for interest and actual appreciation of bitcoin price). My main reason to buy bitcoin is to promote this technology and to be empowered in digital global economy.

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July 30, 2016, 10:18:09 PM
 #2802

I dont usually buy bitcoin because i dont have many good options, I should buy from individuals which costs me more than online exchanges because of fees. Why should buy bitcoin is because it is a great asset.
so i dont get it, do you buy it or not, because it is a great asset so according to you yyou should be buying, i buy my bitcoins from time to time as an investment

I always want to buy but because there are very very rare sellers in my city it is hard to find anyone that has good rates and less fess and sometimes I can't buy bitcoins even if I want. I haven't tried buying with paypal online but this can be the fastest option for me.

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July 30, 2016, 10:38:27 PM
 #2803

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.


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July 30, 2016, 11:07:59 PM
 #2804

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

Bull Market is coming....
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July 31, 2016, 12:50:40 AM
 #2805

I dont usually buy bitcoin because i dont have many good options, I should buy from individuals which costs me more than online exchanges because of fees. Why should buy bitcoin is because it is a great asset.
so i dont get it, do you buy it or not, because it is a great asset so according to you yyou should be buying, i buy my bitcoins from time to time as an investment

I always want to buy but because there are very very rare sellers in my city it is hard to find anyone that has good rates and less fess and sometimes I can't buy bitcoins even if I want. I haven't tried buying with paypal online but this can be the fastest option for me.
Lol, maybe you're less in your effort to finding the way to buying the bitcoin like you can buying a gift card like amazon gift card and etc and then selling it into bitcoin payment and holla,you get your bitcoin with some a little profit inside of them.

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July 31, 2016, 03:16:51 AM
 #2806

They are not lucky. They understand bitcoins value ahead of us. That is why they bought it and hold on it even when it was still almost no value. And they are now reaping the profits of it. It is not too late. Bitcoin can still grow more, and someday someone will say, they bought at 600 and now enjoying millions in profit.

I agree with you, they are not that lucky. But those people who can read the situation and take advantage of opportunities, even dare to risk investing in bitcoin at the time Smiley

It is good if you can invest your bitcoins on the legitimate company or site but the thing is if your lucky to see one,  but you will need a courage to gamble it and I think if you really don't want to risk you money or bitcoin then don't do it and just trade your bitcoin and there are other methods in increasing your bitcoin!

Trading is also risky dude if you then really want to risk your bitcoin i think you must earn them and hold them for awhile. But i think it would take a very long process to do so.

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July 31, 2016, 04:20:08 AM
 #2807

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

What kind of stores?


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July 31, 2016, 06:14:48 AM
 #2808

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

What kind of stores?
It is not only for brazil and stores will not be the basis on the stability of bitcoins, the holders should increase in volume in order to ensure stability and a lot of interest will be serve to protect bitcoin to not easily crash down.

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July 31, 2016, 06:29:02 AM
 #2809

There is a decrease in number of BTC sellers in my localbitcoins ever since the halving. Am trying to take advantage of the recent low prices but the trusted sellers are not selling!

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July 31, 2016, 07:38:20 AM
 #2810

I am not buying bitcoin cause price is very high for me, even if it's eround $500, i used to earn bitcoins by myself in different ways.
yeah the price seems to be really high compared with the prices of the bitcoin a few months back, though i still buying my bitcoins in order to make profit
The price sometimes drop to around 650. I just wait for that moment and buy bitcoins and I'll sell them when the price is 660. It's risky but its a good profit in much quicker time. I love buying bitcoins when it get struck within a price range. Because, with little risk I am able to generate more profits comparatively in very less time than my usual trading.

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July 31, 2016, 07:48:52 AM
 #2811

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

i buy bitcoins now to spend some. i have 8 bitcoins in my other wallet but i save them for huge price rise, and now i buy bitcoins only before  i pay for soemthing

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July 31, 2016, 07:51:08 AM
 #2812

I am not buying bitcoin cause price is very high for me, even if it's eround $500, i used to earn bitcoins by myself in different ways.
yeah the price seems to be really high compared with the prices of the bitcoin a few months back, though i still buying my bitcoins in order to make profit
The price sometimes drop to around 650. I just wait for that moment and buy bitcoins and I'll sell them when the price is 660. It's risky but its a good profit in much quicker time. I love buying bitcoins when it get struck within a price range. Because, with little risk I am able to generate more profits comparatively in very less time than my usual trading.
If there is a big price drop (and by big i mean bigger than $10) just like right now, then you can count on a quick rise right after the drop. this will happen in 90% of the cases.
so if you are quick you can make a profit. this also works with a big rise and small drop afterwords. it is risky though and you have to be quick. and the bigger the rise/drop the better.

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July 31, 2016, 08:11:01 AM
 #2813

Well the first reason of buying bitcoin is to make profit depending on the current market rates. It would be even better to save the bitcoin you earned or bought for long time to gain much profit out it. We even see more buyers of btc rotate the bitcoins instead of making it stay in one place.
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July 31, 2016, 08:31:54 AM
 #2814

There is a decrease in number of BTC sellers in my localbitcoins ever since the halving. Am trying to take advantage of the recent low prices but the trusted sellers are not selling!
Yes indeed when the price drops greatly reduced the number of sellers BTC because if they sell it will be a loss for them. It is used by many people to buy because if prices go up he will get a very good profit.

                   
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July 31, 2016, 06:13:12 PM
 #2815

i buying bitcoin as investment and hold my bitcoin wait for increasing it price in huge amount and after rise up i convert it into fiat then  i can get a good profit from bitcoin .
yeah there are many bitcoin user hold their bitcoin for increasing its price in huge amount , i think they are sure that bitcoin will be more rise up its price and bitcoin really getting powerful currency than other currency and then we can get a good profit easily if hold our bitcoin for a months or above .
Most people are buying bitcoins for the very same reason: hoping to get profits.
I would not deny that I am thinking the same but I actually use a part of the bitcoins that I bought to trading as it seems very profitable now a days. My trading helps me to buy more bitcoins again for the purpose of both saving and trading.

INVALID BBCODE: close of unopened tag in table (1)
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July 31, 2016, 09:06:54 PM
 #2816

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

What kind of stores?
i would definitely like to have any kind of stores around me, i hope that i will make money in the future so i am buying myself a lot of bitcoins now
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July 31, 2016, 09:17:08 PM
 #2817

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

What kind of stores?
i would definitely like to have any kind of stores around me, i hope that i will make money in the future so i am buying myself a lot of bitcoins now
You are buying bitcoins right now you are timing because the price of bitcoin is decrease again a little bit..

For me i never buy bitcoin until now i just collecting it and dreaming to see some a good price of bitcoin inthe future..

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July 31, 2016, 10:43:04 PM
 #2818

I dont usually buy bitcoin because i dont have many good options, I should buy from individuals which costs me more than online exchanges because of fees. Why should buy bitcoin is because it is a great asset.
so i dont get it, do you buy it or not, because it is a great asset so according to you yyou should be buying, i buy my bitcoins from time to time as an investment

I always want to buy but because there are very very rare sellers in my city it is hard to find anyone that has good rates and less fess and sometimes I can't buy bitcoins even if I want. I haven't tried buying with paypal online but this can be the fastest option for me.
yeah I will not be hypocritical that I also experienced difficulties like you I can not spend bitcoin for purposes of buying food and other daily necessities. yeah I know this would involve adoption. you could see that the bitcoin is still fairly small. yeah so I'm more often converts them into fiat then spend it

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July 31, 2016, 10:46:07 PM
 #2819

Not yet, I don't think it's the bottom line.
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July 31, 2016, 10:46:21 PM
 #2820

Not buying but selling them right now because their is demand for them.
I expect the price to keep sliding so buying them is not an option for me right now. But of course I could be wrong. Embarrassed
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