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Author Topic: Are you buying bitcoins? Why?  (Read 307701 times)
calkob
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November 21, 2015, 11:48:18 PM
 #181

investment purposes and abit of general use online. 
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November 22, 2015, 12:01:05 AM
 #182

i buy bitcoins as an investment,i believe the prices will explode in the future years and i wanna be ready for that. Grin

buying bitcoin for investment are bad motive IMHO, just bought bitcoin to used daily and it will help price going up.

Why is it a bad motive? Bitcoin is everything you want it to be. You are more willing to use Bitcoin as currency, which is perfectly fine. He wants to use Bitcoin as investment. Nothing wrong with that, right?
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November 22, 2015, 12:42:23 AM
 #183

i buy bitcoins as an investment,i believe the prices will explode in the future years and i wanna be ready for that. Grin

buying bitcoin for investment are bad motive IMHO, just bought bitcoin to used daily and it will help price going up.

I don't think buying bitcoins for investment purpose is bad idea. Yes I do agree if one buy and just store these coins then it won't help on price movements but some people consider it as a just an investment product and they may not use it buy any services. It is also good if some people just hold some coins otherwise prices will never stabilize.
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November 22, 2015, 12:45:02 AM
 #184

For just in trying my luck and hope it goes up by next week.
Why I would do it? To make a little bit of a profit and experiment in the trading of cryptocurrency.
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November 22, 2015, 12:48:35 AM
 #185

just for trading btc/usd and sometimes buy to purchase goods
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November 22, 2015, 01:51:14 AM
 #186

I buy bitcoin for the means to invest, because I believe bitcoin has a great future

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November 22, 2015, 02:05:18 AM
 #187

I usually buy my bitcoins on LocalBitcoins and then gamble with them and then try to save them Smiley
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November 22, 2015, 04:40:17 PM
 #188

i buy bitcoins as an investment,i believe the prices will explode in the future years and i wanna be ready for that. Grin

buying bitcoin for investment are bad motive IMHO, just bought bitcoin to used daily and it will help price going up.

It is a good investment, especially thinking long term because this moment it is easy to get BTCs at a good price and most people are convinced that its price will increase significantly next years.

I am still working for dollars because they are easier to gain, and sometimes I exchange some dollars for BTC as long term savings.

Did you know in 2011 many people confidence in 2015 the price of bitcoin will reached 10,000 USD and now what? Struggle in $300 .
This talking was exist before. And bitcoin must be used . Not just hold them as investment!

Holding bitcoins is actually one of the ways to increase the price, and even tho it won't increase popularity that way, i still think it's still a positive thing to do.
Regarding the price in '11, and current situation on the market; even tho prices are ~300 usd, there's no doubt how that will change in time, especially when
mining reward goes down by half next year. I'm confident price will surpass 1k within 2 years.
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November 22, 2015, 05:16:28 PM
 #189

First, I am buying bitcoins because of the value they have. Mining a bitcoin will take you some dollars that is. I am sure that as I buy the bitcoins now, the price may increase and thus will be able to get some profit when I do the reselling. I do believe that the bitcoins in future will be an acceptable digital currency all over the world and with that, it will command a very large demand. I am a speculative trader when it comes to bitcoin.
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November 22, 2015, 05:44:20 PM
 #190

First, I am buying bitcoins because of the value they have. Mining a bitcoin will take you some dollars that is. I am sure that as I buy the bitcoins now, the price may increase and thus will be able to get some profit when I do the reselling. I do believe that the bitcoins in future will be an acceptable digital currency all over the world and with that, it will command a very large demand. I am a speculative trader when it comes to bitcoin.

Yes, instead of mining set up and running costs, it would be better buying bitcoin. Without paying electricity bill monthly, we may opt for buying bitcoin monthly basis, it must be a clever idea.

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nerFohanzo
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November 22, 2015, 06:32:56 PM
 #191

First, I am buying bitcoins because of the value they have. Mining a bitcoin will take you some dollars that is. I am sure that as I buy the bitcoins now, the price may increase and thus will be able to get some profit when I do the reselling. I do believe that the bitcoins in future will be an acceptable digital currency all over the world and with that, it will command a very large demand. I am a speculative trader when it comes to bitcoin.

Yeah  buying bitcoins for an investment purpose is a good thing, as we know that bitcoins can bring revolution in the future, as more and more people starts using bitcoins it would reach to a new level in the coming years, and we wish that prices goes high and remain stable for a long time so we can gain some profit out of it.
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November 22, 2015, 06:56:36 PM
 #192

First, I am buying bitcoins because of the value they have. Mining a bitcoin will take you some dollars that is. I am sure that as I buy the bitcoins now, the price may increase and thus will be able to get some profit when I do the reselling. I do believe that the bitcoins in future will be an acceptable digital currency all over the world and with that, it will command a very large demand. I am a speculative trader when it comes to bitcoin.

Yes, instead of mining set up and running costs, it would be better buying bitcoin. Without paying electricity bill monthly, we may opt for buying bitcoin monthly basis, it must be a clever idea.

mining is better for increase more your stash of coins(total numbers), but it is slow and require cheap energy

buying will only grant you a form of fixed investment, if you have cheap energy it's better to mine
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November 22, 2015, 07:49:55 PM
 #193

First, I am buying bitcoins because of the value they have. Mining a bitcoin will take you some dollars that is. I am sure that as I buy the bitcoins now, the price may increase and thus will be able to get some profit when I do the reselling. I do believe that the bitcoins in future will be an acceptable digital currency all over the world and with that, it will command a very large demand. I am a speculative trader when it comes to bitcoin.

Yes, instead of mining set up and running costs, it would be better buying bitcoin. Without paying electricity bill monthly, we may opt for buying bitcoin monthly basis, it must be a clever idea.

mining is better for increase more your stash of coins(total numbers), but it is slow and require cheap energy

buying will only grant you a form of fixed investment, if you have cheap energy it's better to mine

I agree with you, but there are very limited places and people with cheap electricity. There are many more people that just have to buy coins and that's their only option.

Not that this is bad, as I think Bitcoin is a great investment even if you put your cash in. It's much better to buy coins directly than to invest into some shady and risky investments!
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November 23, 2015, 03:52:27 PM
 #194

This can be a good investment in the future and to bring a good income. It is necessary only that the stars continued to come together in the right place and direction Grin
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November 23, 2015, 04:02:30 PM
 #195

all of us always want to buy bitcoin,and everyone have many reason.
- trader,they buy it for bitcoin price up.
- investor,they buy it for invest,and finally sell it to other corporate/exchange.
- bitcoiner,they buy it because they know bitcoin can buy with other crypto.
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November 23, 2015, 04:05:27 PM
 #196

I also do not quite understand the other person why they must buy bitcoin if it easily available but if I buy bitcoin it because I have run out of stock trading bitcoin to play, so I bought a bitcoin to add the stock, so I went back to play trading again  Wink
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November 23, 2015, 05:09:00 PM
 #197

The first reason to buy Bitcoin is because you believe it's going to be big in the future, I don't understand Bitcoin if it's not for the long term. Of course you can use it for daily stuff but right now there aren't many reasons for the people in the first world except on certain situations, but in the future it will be huge when the goverment annihilates cash.
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November 23, 2015, 06:55:05 PM
 #198

The first reason to buy Bitcoin is because you believe it's going to be big in the future, I don't understand Bitcoin if it's not for the long term. Of course you can use it for daily stuff but right now there aren't many reasons for the people in the first world except on certain situations, but in the future it will be huge when the goverment annihilates cash.

Well the first reason of buying bitcoin is to make profit depends on the current market moves. Not for holding purposes but to play in the market. Most of the buyers rotates the coins and not just staying it sleep in their storages.

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November 23, 2015, 07:19:36 PM
 #199

I am a dumbskull that is the reason I buy bitcoins
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November 24, 2015, 09:18:36 PM
 #200

Will buy some when the price drops down even further  Wink
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