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Author Topic: Are you buying bitcoins? Why?  (Read 305756 times)
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August 08, 2016, 03:02:11 PM
 #2961

the reason for me for buying the BTC is my personal interest...
and secondly i think the BTC wallet is much safer then the banks so .. i buy some of the BTC to convert the fiat to safer place..
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August 08, 2016, 03:29:38 PM
 #2962



A few days back when bitfinex hack happened, the price of bitcoins went down. I guess that was the best time to buy more bitcoins. Now the price is recovering quickly and its moving back to 650$.
[/quote]

Yes. There are still a lot of believers in it so they will buy and sell as it is very volatile. I wouldn't be a buyer now as no catalysts for it to rise


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August 08, 2016, 03:36:05 PM
 #2963



A few days back when bitfinex hack happened, the price of bitcoins went down. I guess that was the best time to buy more bitcoins. Now the price is recovering quickly and its moving back to 650$.

Yes. There are still a lot of believers in it so they will buy and sell as it is very volatile. I wouldn't be a buyer now as no catalysts for it to rise
[/quote]
Chances are it will slowly drift downwards until there is a piece of news that changes the value upwards, or until a bull run starts. I should clarify that I don't mean that Bitcoin is going to go down quickly or anything, it's more than likely just going to move by a dollar or two until something happens. Nothing much (hopefully).
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August 08, 2016, 03:45:35 PM
 #2964

the reason for me for buying the BTC is my personal interest...
and secondly i think the BTC wallet is much safer then the banks so .. i buy some of the BTC to convert the fiat to safer place..

Thats great, I have bought some Bitcoins because the price went down to such a level where I feel comfortable buying at. I made another fiat deposit into my exchange today to buy when the price goes lower than current point.
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August 08, 2016, 03:48:23 PM
 #2965

the reason for me for buying the BTC is my personal interest...
and secondly i think the BTC wallet is much safer then the banks so .. i buy some of the BTC to convert the fiat to safer place..

Thats great, I have bought some Bitcoins because the price went down to such a level where I feel comfortable buying at. I made another fiat deposit into my exchange today to buy when the price goes lower than current point.

Wow advancing for a possibility. I hope I have some left for buying but as of now nothing is left  Grin  Maybe I will get some more in the next payroll hoping it will not be too late.

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August 08, 2016, 03:56:25 PM
 #2966

the reason for me for buying the BTC is my personal interest...
and secondly i think the BTC wallet is much safer then the banks so .. i buy some of the BTC to convert the fiat to safer place..
Let's tell me about your reason is the bitcoin wallet is more secure than a bank because I learned from some cases about the wallet is snatch bitcoin from their member and are you getting a guarantee for using bitcoin wallet? maybe you can give more explaining about this.

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August 08, 2016, 03:59:33 PM
 #2967

the reason for me for buying the BTC is my personal interest...
and secondly i think the BTC wallet is much safer then the banks so .. i buy some of the BTC to convert the fiat to safer place..
yes everyone will need bitcoin to buy different goods easily on the internet. I consider bitcoin wallet even more secure. we can guarantee our wallet, as long as we can keep ID and information about the accounts that we have.

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August 08, 2016, 04:41:59 PM
 #2968

not yet, but i want to. first i need to check out how everything works and then if it is ok i buy some to start.

Just a piece of advice try not to but Smiley  Try to earn it so that you can experienced of how hard it is. Through this you can grow in this industry then if you think that your knowledge is enough then try to improve your earning strategies using those bitcoin you get or earned.

Earning is always better then buying, buying will require capital to invest and earning needs efforts but if you have earned it then you will be more satisfied in compare to buying.
you cannot just earna lot of bitcoins right now, if you want to have bitcoins as an investment then you will definitely need to buy it and not just wait for it to come
You are right with earning free bitcoins we will get only a smaller amount with the passage of time, but if we buy some bitcoin then it will provide us opportunities to earn some bigger amount of bitcoins within a day or two, I am pointing towards trade.
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August 08, 2016, 04:43:47 PM
 #2969

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


My first reason because im sure i can sell bitcoin at higher price then i can take some profit, my other reason just for support new technology with highest chance to beat dollar, im sure in future bitcoin will be famous like dollar.
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August 08, 2016, 04:54:06 PM
 #2970

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


My first reason because im sure i can sell bitcoin at higher price then i can take some profit, my other reason just for support new technology with highest chance to beat dollar, im sure in future bitcoin will be famous like dollar.

well this is pretty much hard for bitcoin to beat dollar, a 300 year old currency which is leading currency also of the world economics and business,
but yeah. bitcoin is being famous day by day and becoming a grown up currency. we can hope it will give a though competition to dollar.

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August 08, 2016, 05:00:26 PM
 #2971

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


My first reason because im sure i can sell bitcoin at higher price then i can take some profit, my other reason just for support new technology with highest chance to beat dollar, im sure in future bitcoin will be famous like dollar.

well this is pretty much hard for bitcoin to beat dollar, a 300 year old currency which is leading currency also of the world economics and business,
but yeah. bitcoin is being famous day by day and becoming a grown up currency. we can hope it will give a though competition to dollar.

Bitcoin to compete dollar and then what? What are you expecting to happen in the near future? Didn't you know some glimpse on what will happen if dollar will somehow be less in usage compare to bitcoin? Well Im just asking on what is your thoughts.

Anyways back to quoted post of yours, as anyone here, the general purposes of others to buy bitcoin is for profit purposes compare on what bitcoin can actually give as a currency.

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August 08, 2016, 05:00:45 PM
 #2972

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


My first reason because im sure i can sell bitcoin at higher price then i can take some profit, my other reason just for support new technology with highest chance to beat dollar, im sure in future bitcoin will be famous like dollar.

People buying bitcoin for doing tradings because they knew they can earn a lot of money by this for investment  because they want to invest and earn by doing nothing and wait for the earnings. Selling bitcoin for those who need it is proitable also to be reseller and many people buy bitcoin to sell it only...
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August 08, 2016, 06:10:16 PM
 #2973

not yet, but i want to. first i need to check out how everything works and then if it is ok i buy some to start.

Just a piece of advice try not to but Smiley  Try to earn it so that you can experienced of how hard it is. Through this you can grow in this industry then if you think that your knowledge is enough then try to improve your earning strategies using those bitcoin you get or earned.

Earning is always better then buying, buying will require capital to invest and earning needs efforts but if you have earned it then you will be more satisfied in compare to buying.
The future is of bitcoin and in that situation we all are sure that the price of bitcoin will increase more higher so in that situation everyone will be satisfied with their bitcoins, no matter they buy them or earn them with their hard work.


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August 08, 2016, 06:22:40 PM
 #2974



A few days back when bitfinex hack happened, the price of bitcoins went down. I guess that was the best time to buy more bitcoins. Now the price is recovering quickly and its moving back to 650$.

Yes. There are still a lot of believers in it so they will buy and sell as it is very volatile. I wouldn't be a buyer now as no catalysts for it to rise
[/quote]
although every one was thinking for investing money because they were sure that the price of bitcoin will increase again but still no one had courage to invest their money, and they just watched the price increasing and recover about 100USD in a short period of time.
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August 08, 2016, 06:33:53 PM
 #2975



A few days back when bitfinex hack happened, the price of bitcoins went down. I guess that was the best time to buy more bitcoins. Now the price is recovering quickly and its moving back to 650$.

Yes. There are still a lot of believers in it so they will buy and sell as it is very volatile. I wouldn't be a buyer now as no catalysts for it to rise
although every one was thinking for investing money because they were sure that the price of bitcoin will increase again but still no one had courage to invest their money, and they just watched the price increasing and recover about 100USD in a short period of time.
[/quote] I agree that the fact that certain steps do you need to have willpower. Especially when it concerns money. The growth of prices and then a sharp drop in bitcoin differently apprehended all. And who decided, and he won by buying multiple bitcoin for a cheap price.
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August 08, 2016, 06:43:54 PM
 #2976

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


My first reason because im sure i can sell bitcoin at higher price then i can take some profit, my other reason just for support new technology with highest chance to beat dollar, im sure in future bitcoin will be famous like dollar.

People buying bitcoin for doing tradings because they knew they can earn a lot of money by this for investment  because they want to invest and earn by doing nothing and wait for the earnings. Selling bitcoin for those who need it is proitable also to be reseller and many people buy bitcoin to sell it only...

Yeah, I actually sold some of my alt coins back into BTC at the lows last week.
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August 08, 2016, 07:23:48 PM
 #2977

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


My first reason because im sure i can sell bitcoin at higher price then i can take some profit, my other reason just for support new technology with highest chance to beat dollar, im sure in future bitcoin will be famous like dollar.

People buying bitcoin for doing tradings because they knew they can earn a lot of money by this for investment  because they want to invest and earn by doing nothing and wait for the earnings. Selling bitcoin for those who need it is proitable also to be reseller and many people buy bitcoin to sell it only...

Yeah, I actually sold some of my alt coins back into BTC at the lows last week.

I think alt coins have a lot more potential than BTC in the long run - question is to pick the right one

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freedomgo
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August 09, 2016, 12:59:24 AM
 #2978

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


My first reason because im sure i can sell bitcoin at higher price then i can take some profit, my other reason just for support new technology with highest chance to beat dollar, im sure in future bitcoin will be famous like dollar.

People buying bitcoin for doing tradings because they knew they can earn a lot of money by this for investment  because they want to invest and earn by doing nothing and wait for the earnings. Selling bitcoin for those who need it is proitable also to be reseller and many people buy bitcoin to sell it only...

Yeah, I actually sold some of my alt coins back into BTC at the lows last week.

I think alt coins have a lot more potential than BTC in the long run - question is to pick the right one
Not gonna happen mate, bitcoin is the father of all so with the failure of bitcoins, altcoins do fail also. It is just good to see that altcoins is just an altcoins to support bitcoins in its journey to success as I am pretty sure altcoins would succeed also.

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August 09, 2016, 02:05:23 AM
 #2979

ofcourse yes because i see or i read the potencial of bitcoin in the long run where bitcoin will grow in the month of december where they telling in the article that bitcoin will increase the price up to 2000 dollars i don't remember where did i read this but i am going to find it and i will edit my reply for the sake of other to see. because if you gonna buy altcoin where you use bitcoins im rather buy bitcoins because for me bitcoin is the father of all altcoins where we use for trading  Grin

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August 09, 2016, 03:51:52 AM
 #2980

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


My first reason because im sure i can sell bitcoin at higher price then i can take some profit, my other reason just for support new technology with highest chance to beat dollar, im sure in future bitcoin will be famous like dollar.

People buying bitcoin for doing tradings because they knew they can earn a lot of money by this for investment  because they want to invest and earn by doing nothing and wait for the earnings. Selling bitcoin for those who need it is proitable also to be reseller and many people buy bitcoin to sell it only...

Yeah, I actually sold some of my alt coins back into BTC at the lows last week.

I think alt coins have a lot more potential than BTC in the long run - question is to pick the right one
Not gonna happen mate, bitcoin is the father of all so with the failure of bitcoins, altcoins do fail also. It is just good to see that altcoins is just an altcoins to support bitcoins in its journey to success as I am pretty sure altcoins would succeed also.
I agree with you, all alt coin is base on the bitcoin value no alt coin will beat the value of bitcoin and also only bitcoin are recognize by the market. alt coin need to be exchange to bitcoin to be used.
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