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Author Topic: Are you buying bitcoins? Why?  (Read 307695 times)
crossabdd
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April 05, 2016, 07:56:10 AM
 #1281

for help bitcoin volume  Cool
LOL  Cheesy

for me buying bitcoin is important for make bitcoin keep strong, if we compare Bitcoin is better than other currency like VISA, PAYPAL, WESTERN UNION ETC.

so if the bitcoin volume can beat visa im sure we will see more member come to use bitcoin.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Skaven
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April 05, 2016, 02:49:59 PM
 #1282

Share with us what's your main reason for buying bitcoins?
I buy bitcoins because this helps me not spending my money on other unnecessary stuff. This way I can just my money and at the same time I can make more money out of it. 
martinacar
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April 05, 2016, 02:58:19 PM
 #1283

Yes I'm buying bitcoins because the price is now pretty nice and you can make a lot of money on a long and short term these days.
The fact is also that the halving is coming this year so that makes it even better.
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April 05, 2016, 03:09:10 PM
 #1284

Yes I'm buying bitcoins because the price is now pretty nice and you can make a lot of money on a long and short term these days.
The fact is also that the halving is coming this year so that makes it even better.
I do not agree with you that buying bitcoin is good for a short term investment. Because the price movement in the last few month are very sable between 400 and 430. So a buyer will not get any high earning as you expect
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April 05, 2016, 04:18:18 PM
 #1285

I have bought is so that I can sell it after block reward halving.
I am investing it in hope of a huge profit. If anyhow block reward halving gets cancelled then it would be very disappointing for me.

Waiting again for bitcoin halving huh.

I will give you a scenario:

A) You bought today at today's price ($419) then will just do wait for your "expected halving price".

B) You bought today at today's price ($419) suddenly the price went to $450-$500 after a weeks. After that dips again to a matter of $20-$30.

What are your thoughts? Who will give you really a good profit. Sometimes disregarding some of the speculation much helps us to make profits.
What else can I do with my bought bitcoins??
I have bought them as an investment only. If I was interested in spending then I could have spent real money and had not bought bitcoin!!
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April 05, 2016, 04:19:05 PM
 #1286

Yes I'm buying bitcoins because the price is now pretty nice and you can make a lot of money on a long and short term these days.
The fact is also that the halving is coming this year so that makes it even better.

Your decision is right. Most people are doing the same, at present I have made a very small buy as I don't have the required dollars for a whole bitcoin.

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April 05, 2016, 04:23:15 PM
 #1287

Yes I'm buying bitcoins because the price is now pretty nice and you can make a lot of money on a long and short term these days.
The fact is also that the halving is coming this year so that makes it even better.

Your decision is right. Most people are doing the same, at present I have made a very small buy as I don't have the required dollars for a whole bitcoin.

Its always good to buy bitcoin in small parts rather then buying full of it, as you always have an opportunity to buy rest of it in future when price drops, so its good buy in installments.
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April 06, 2016, 07:59:22 AM
 #1288

i think everyone have his own opinions, but if i m buying Bitcoins, it is for halving.
people buy bitcoins because it is a future currency,  its just like a business,
When many people are believing bitcoin the future currency, then you also need to buy bitcoins for future purpose not just for upcoming halving price appreciation only. Keep on buying bitcoins and save them for long-term to get the maximum profits from bitcoins.
Yes many people are speculating only for the profits around halving. They completely forget profits with the future of bitcoin by holding it for long-term. Buying bitcoin is important at the same time holding it for long-term also more important.
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April 06, 2016, 08:04:07 AM
 #1289

i think everyone have his own opinions, but if i m buying Bitcoins, it is for halving.
people buy bitcoins because it is a future currency,  its just like a business,
When many people are believing bitcoin the future currency, then you also need to buy bitcoins for future purpose not just for upcoming halving price appreciation only. Keep on buying bitcoins and save them for long-term to get the maximum profits from bitcoins.
Yes many people are speculating only for the profits around halving. They completely forget profits with the future of bitcoin by holding it for long-term. Buying bitcoin is important at the same time holding it for long-term also more important.

I think investment on bitcoin for long-term is not good, better invest for short term like 6 months - 2 years. Because we don't know when halving is done, the price will keep increase or decrease.
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April 06, 2016, 08:15:29 AM
 #1290

I think investment on bitcoin for long-term is not good, better invest for short term like 6 months - 2 years. Because we don't know when halving is done, the price will keep increase or decrease.
Your time frame for investing in bitcoin in just exact like what Im thinking. But we still don't know what will happen with bitcoin after 2 years maybe. Hopefully, it's value would increase.

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Iceborn
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April 06, 2016, 02:09:48 PM
 #1291

Of course I am buying bitcoin other wise I would not be using Bitcoin. I buy bitcoins because it helps me saving money for the future or for when I ever need it. At the same time I can make more money with bitcoins.
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April 06, 2016, 02:22:09 PM
 #1292

i think everyone have his own opinions, but if i m buying Bitcoins, it is for halving.
people buy bitcoins because it is a future currency,  its just like a business,
When many people are believing bitcoin the future currency, then you also need to buy bitcoins for future purpose not just for upcoming halving price appreciation only. Keep on buying bitcoins and save them for long-term to get the maximum profits from bitcoins.
Yes many people are speculating only for the profits around halving. They completely forget profits with the future of bitcoin by holding it for long-term. Buying bitcoin is important at the same time holding it for long-term also more important.

I think investment on bitcoin for long-term is not good, better invest for short term like 6 months - 2 years. Because we don't know when halving is done, the price will keep increase or decrease.

Indeed because of the halving it also should be better to invest for a short time period because than you will most likely got more chance you will make profit if you stay doing it on a long term it can go wrong.
The bitcoin is unpredictable and this year it has a pretty good future if you look at the speculators so keep that in mind.
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April 06, 2016, 02:37:02 PM
 #1293

Of course I am buying bitcoin other wise I would not be using Bitcoin. I buy bitcoins because it helps me saving money for the future or for when I ever need it. At the same time I can make more money with bitcoins.
I also sometimes buy bitcoin, but unless I really needed it.
other than that I prefer looking at buying bitcoin bitcoin from today, but it was all good for you
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April 06, 2016, 02:38:36 PM
 #1294

Of course I am buying bitcoin other wise I would not be using Bitcoin. I buy bitcoins because it helps me saving money for the future or for when I ever need it. At the same time I can make more money with bitcoins.

Majority of us are buying now for the reason that halving is coming in next few months, so we can earn some extra profits by selling at higher price.
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April 06, 2016, 04:28:09 PM
 #1295

Share with us what's your main reason for buying bitcoins?
I buy bitcoins because this helps me not spending my money on other unnecessary stuff. This way I can just my money and at the same time I can make more money out of it. 
do you mean bitcoin help you to safe your money?its same with me,i really helped by buying or having bitcoin,i will not easy to use my money just because not many stores or service accept bitcoin on my country,so i can control my money better.
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April 06, 2016, 04:33:08 PM
 #1296

Of course I am buying bitcoin other wise I would not be using Bitcoin. I buy bitcoins because it helps me saving money for the future or for when I ever need it. At the same time I can make more money with bitcoins.

Majority of us are buying now for the reason that halving is coming in next few months, so we can earn some extra profits by selling at higher price.
well no one knows if the price will surely grow or not because the price of the bitcoin is impossible to guess in my opinion also, after a rise it will fall once again as people will start selling it in order to make profit

though im buying my bitcoins right now too because i believe that the price might increase significantly thus making me a lot of money nearly for free as i will most probably have no losses

 
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April 06, 2016, 04:35:23 PM
 #1297

Share with us what's your main reason for buying bitcoins?
I buy bitcoins because this helps me not spending my money on other unnecessary stuff. This way I can just my money and at the same time I can make more money out of it. 
do you mean bitcoin help you to safe your money?its same with me,i really helped by buying or having bitcoin,i will not easy to use my money just because not many stores or service accept bitcoin on my country,so i can control my money better.
For now, there is only few stores that accepts bitcoin as a payment. Having stores that accepts bitcoin payment is not the reason in spending your coins. If you really want to save your coins, then you can save it and sell it in the future.
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April 06, 2016, 04:37:30 PM
 #1298

Yes i am. I always buying bitcoins every week for gambling and trading, when i loses on gambling, i always buy bitcoins. and also i buy something online with bitcoin for payment.
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April 06, 2016, 04:46:06 PM
 #1299

Yes i am. I always buying bitcoins every week for gambling and trading, when i loses on gambling, i always buy bitcoins. and also i buy something online with bitcoin for payment.
Damn. You sound like a rich guy, to be honest. I mean, yeah, it is normal for a trader to buy Bitcoins and trade with it or an online shopper to buy Bitcoin and use it as a payment method. But I never see someone who always buy Bitcoin whenever he/she lose in gambling.

Life sucks.
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April 06, 2016, 05:29:41 PM
 #1300

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

usually  i buy them just to hold them for profit,  i mean  i can't find any better way to get profit, than to buy bitcoins and keep them for year or two, it is very easy and profitable!

and if i buy something for bitcoins, then at end of month i buy some of them just to refill my bitcoin supplies
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