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Author Topic: Are you buying bitcoins? Why?  (Read 306845 times)
bamboylee
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September 19, 2016, 03:08:29 PM
 #3801

I am not buying bitcoins because the price is to high if you want to buy bitcoins you need to be sure that the price is the lowest at the moment when the price rise that you are making money instead of losing.

You will never know when will the price will be the lowest or what is the lowest price will be. But there is one thing you can speculate more clearly, the price of bitcoin will be higher than today in a few more months. So buying the price today will still be profitable in the future.
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September 19, 2016, 03:11:25 PM
 #3802

I am not buying bitcoins because the price is to high if you want to buy bitcoins you need to be sure that the price is the lowest at the moment when the price rise that you are making money instead of losing.

You will never know when will the price will be the lowest or what is the lowest price will be. But there is one thing you can speculate more clearly, the price of bitcoin will be higher than today in a few more months. So buying the price today will still be profitable in the future.

Yes price will keep on rising in coming months and years, so if you want to enjoy higher profits in future then you should buy some coins at this stage with current price.
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September 19, 2016, 06:03:57 PM
 #3803

I am not buying bitcoins because the price is to high if you want to buy bitcoins you need to be sure that the price is the lowest at the moment when the price rise that you are making money instead of losing.

You will never know when will the price will be the lowest or what is the lowest price will be. But there is one thing you can speculate more clearly, the price of bitcoin will be higher than today in a few more months. So buying the price today will still be profitable in the future.

Yes price will keep on rising in coming months and years, so if you want to enjoy higher profits in future then you should buy some coins at this stage with current price.

If the future performance of bitcoin price is the same as before, the price will rise. But it depends on further development.
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September 19, 2016, 06:32:47 PM
 #3804

I am not buying bitcoins because the price is to high if you want to buy bitcoins you need to be sure that the price is the lowest at the moment when the price rise that you are making money instead of losing.
We never know the lowest prices bitcoin like you mean may be the price would increase of a sudden, it's common happen in bitcoin.

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September 19, 2016, 07:16:38 PM
 #3805

I'm afraid I may not fill these orders. I want to buy at $550 and $500 but the
way we are consolidating at this level I may have to buy a little here in fear of
missing out if we start rising.

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September 19, 2016, 09:24:27 PM
 #3806

yes, I buy bitcoin. I buy bitcoin for some purposes such as for the payment system, invest in bitcoin trading and other. I will continue to buy bitcoin before the price is really high

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September 19, 2016, 09:37:47 PM
 #3807

I think people will use bitcoin in the future completely. Because it is very interesting and related with 21ty century so i guess people will accept totally maybe after 50 years later.

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September 20, 2016, 04:08:20 AM
 #3808

I think people will use bitcoin in the future completely. Because it is very interesting and related with 21ty century so i guess people will accept totally maybe after 50 years later.

So that is why we need to bitcoins today because if bitcoin is going to be completely usage in the world. Then I am sure that the value of bitcoin by that time is much higher.

And if you are able to hold a lot of bitcoins up to that time then you are just going to be a multi millionaire and you can just enjoy your life.

By using and harvesting the fruits of your hard work and patience with bitcoin.

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btc junkie
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September 20, 2016, 04:32:25 AM
 #3809

I think people will use bitcoin in the future completely. Because it is very interesting and related with 21ty century so i guess people will accept totally maybe after 50 years later.

Not necessarily. In the future there will be immense competition with the many popular crypto currencies and there is no surety that any one will remain domaint
terman45x
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September 20, 2016, 10:03:54 AM
 #3810

I think people will use bitcoin in the future completely. Because it is very interesting and related with 21ty century so i guess people will accept totally maybe after 50 years later.

Not necessarily. In the future there will be immense competition with the many popular crypto currencies and there is no surety that any one will remain domaint

Yup no one knows what will happen in future, may be we will see better and innovative currency then bitcoin which may replace it if it gets support from the people, only time will show us a clear picture.
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September 20, 2016, 10:07:34 AM
 #3811

The opposite question would be why are you using fiat in a bank instead of bitcoin in a wallet ? I buy bitcoin since you dont have to deal with banks. Paying people and being paid is very easy. Banks annoy and frustrate me. They control your money. I use bitcoin since I want to be in control of my own assets.

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September 20, 2016, 03:34:04 PM
 #3812

The opposite question would be why are you using fiat in a bank instead of bitcoin in a wallet ? I buy bitcoin since you dont have to deal with banks. Paying people and being paid is very easy. Banks annoy and frustrate me. They control your money. I use bitcoin since I want to be in control of my own assets.

Yes and apart from that we can buy them to earn good profits from it in future as its an best investment to have and if you can hold it for long term then you can buy it at any point of time.
bamboylee
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September 20, 2016, 03:57:35 PM
 #3813

I'm afraid I may not fill these orders. I want to buy at $550 and $500 but the
way we are consolidating at this level I may have to buy a little here in fear of
missing out if we start rising.

YOu should try cost averaging so that you will not fear if you will not enter on the right price in bitcoin. There is no wrong price in buying today  because we believe it will rise very in the future. If you do cost averaging. you will be assured you are getting the lowest price possible.
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September 20, 2016, 06:43:56 PM
 #3814

I'm afraid I may not fill these orders. I want to buy at $550 and $500 but the
way we are consolidating at this level I may have to buy a little here in fear of
missing out if we start rising.

YOu should try cost averaging so that you will not fear if you will not enter on the right price in bitcoin. There is no wrong price in buying today  because we believe it will rise very in the future. If you do cost averaging. you will be assured you are getting the lowest price possible.

Yes and if its an long term investment for you then you can buy it even with a current price we all have faith that the price will be much higher in future giving  us good profits.
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September 20, 2016, 08:05:24 PM
 #3815

Most of my earnings  from bitcoin is not from  buying it, but I buy btc when I  see that my  coin, that I'm monitoring in  trading, is  dumping. So, that's when I want  to buy, at cheap  price, and that is  why I buy btc from  my own pocket.
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September 20, 2016, 09:09:25 PM
 #3816

I am currently not buying Bitcoin because I do not have the money.  When I do have the money, i can not buy it because I need to pay bills!!  So I do what I can here online in order to earn bitcoin through faucets, signature campaigns and offering any service that I can do for people on here!!  Send some work my way!
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September 20, 2016, 09:12:37 PM
 #3817

yes there is no doubt about this that i am still buying bitcon and the reason that the price of bitcoin is expected to raise too high so i want to book profit in advance so i regularly invest in bitcoin from my salary.
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September 20, 2016, 09:26:08 PM
 #3818

I am buying about $5 in bitcoin a week for a long term investment.  There is no way I can afford much more at this time, but it works out for me to buy in small amounts while I can and before the cost in fees makes it not worth it!!

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September 20, 2016, 09:38:17 PM
 #3819

I am buying about $5 in bitcoin a week for a long term investment.  There is no way I can afford much more at this time, but it works out for me to buy in small amounts while I can and before the cost in fees makes it not worth it!!


You should try to buy some altcoins instead of bitcoin, you can have a better return in short and long term...
I really don't think bitcoin can double the price in 4 years... There's no why
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September 20, 2016, 09:42:10 PM
 #3820

I am buying about $5 in bitcoin a week for a long term investment.  There is no way I can afford much more at this time, but it works out for me to buy in small amounts while I can and before the cost in fees makes it not worth it!!


You should try to buy some altcoins instead of bitcoin, you can have a better return in short and long term...
I really don't think bitcoin can double the price in 4 years... There's no why
What alt coins would you suggest?  I play with BCN in my free time, but I do not do much with it.  The issue I have is that I do not know where to go to see why the prices are changing.  Is there news somewhere which makes a difference in the coin prices or does the price go up and down with the amount being purchased and sold?

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