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Author Topic: Are you buying bitcoins? Why?  (Read 307695 times)
Doms
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May 18, 2016, 04:56:08 AM
 #1841

I'm fairly new to BTC but I have been buy bitcoins (fractions of it, actually) from time to time for over a month now. Aside from what I earn from signature campaign, I try to have some budget to buy during dips, to eventually reach one bitcoin in the near future. Then from there, I'd try to make it grow and wait for price to surge.
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May 18, 2016, 05:16:46 AM
 #1842

If you are looking for quick profits then bitcoin will serve your purpose, its good to buy bitcoin at this stage  to earn higher profits in next couple of months.
Yeah it's kinda good to buy bitcoins today. And most of us are buying it today for the purpose of earning a good profit for just a short period of time.
That is short term investment even though it is only for a small amount of time.
But it is sure they will get profit before and after the halving.

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May 18, 2016, 07:26:49 AM
 #1843

I'm fairly new to BTC but I have been buy bitcoins (fractions of it, actually) from time to time for over a month now. Aside from what I earn from signature campaign, I try to have some budget to buy during dips, to eventually reach one bitcoin in the near future. Then from there, I'd try to make it grow and wait for price to surge.

I am glad to see other people are doing the same thing that I am doing too. it is such a good investment to buy bitcoin each week if you have some extra money for investment.

just make sure to buy at the dips as you said and also don't forget the most important thing which is securing all those coins that you have bought by placing them in a cold storage.

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May 18, 2016, 08:58:05 AM
 #1844

The main reason why people is buying some Bitcoins is that they want to earn profit with Bitcoin and they have to know that it can takes a long time until the value will be more worth.
And some people wants also to try a new payment method and that would be perfect for the Bitcoin.
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May 18, 2016, 10:21:33 AM
 #1845

I am buying Bitcoin for just one simple reason, to safe them for when the price goes up so I can sell them for a profit. I am suer that I am not the only one who does this.
Many people safe there coins for the future prices.
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May 18, 2016, 01:18:15 PM
 #1846

The main reason why people is buying some Bitcoins is that they want to earn profit with Bitcoin and they have to know that it can takes a long time until the value will be more worth.
And some people wants also to try a new payment method and that would be perfect for the Bitcoin.

agree with you, it's the main reason, each people want to growing his money, then he choose bitcoin as investment or just trade it, so he can earning some profit after sell back his bitcoin in higher price.
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May 18, 2016, 02:01:46 PM
 #1847

The main reason why people is buying some Bitcoins is that they want to earn profit with Bitcoin and they have to know that it can takes a long time until the value will be more worth.
And some people wants also to try a new payment method and that would be perfect for the Bitcoin.

agree with you, it's the main reason, each people want to growing his money, then he choose bitcoin as investment or just trade it, so he can earning some profit after sell back his bitcoin in higher price.

And I think that is the right way to play with bitcoin, if its allowing us to make profits with trading then we should not miss this opportunity.
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May 18, 2016, 02:30:40 PM
 #1848

Buying to save for future

Nowadays everyone buying bitcoin for their future. even I also doing the same. but I am not buying bitcoin. I always try to earn bitcoin some how.. If I could have money I would love to buy as more as I can afford but unfortunately I don't have enough money to buy bitcoins so my focus is to earn it with doing hard works.

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May 18, 2016, 02:32:32 PM
 #1849

Buying to save for future

Nowadays everyone buying bitcoin for their future. even I also doing the same. but I am not buying bitcoin. I always try to earn bitcoin some how.. If I could have money I would love to buy as more as I can afford but unfortunately I don't have enough money to buy bitcoins so my focus is to earn it with doing hard works.



That's the best way to collect bitcoin, try to earn as  much as you can, as bitcoin is allowing us to earn in many ways, then why to buy it.

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May 19, 2016, 11:38:51 PM
 #1850

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.

Yeah and major pump will be followed by major dump, and at that stage majority of people gets panic and sells all their coins, we need to have patience and faith.

This possibility will occur after halving. whereby when people panic buying before halving, and after halving the price increase, then they will make a big dump.

Yes and anything is possible with bitcoin, no one is assured about the price at the time of halving, it will be a major panic if price falls at the time of halving.
hopefully it does not happen dude ? but it will very likely happen panic selling when prices rise in halving
hopefully it can tackle with a lot of new users coming in and doubled the demand to bitcoin
then panic alternately be insurmountable. but all possibilities can happen

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May 20, 2016, 12:07:51 AM
 #1851

I don't usually buy bitcoins, I try my best to earn them by providing services and selling goods. Sometimes when I buy them I usually store them because they are a convenient way of purchasing items.

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May 20, 2016, 12:58:17 AM
 #1852

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

I buy bitcoin expect prices to rise in the future, and for daily income. bitcoin = internet so with trading i can pay internet bill Cheesy
thank you.
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May 20, 2016, 01:11:17 AM
 #1853

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.

Yeah and major pump will be followed by major dump, and at that stage majority of people gets panic and sells all their coins, we need to have patience and faith.

This possibility will occur after halving. whereby when people panic buying before halving, and after halving the price increase, then they will make a big dump.

Yes and anything is possible with bitcoin, no one is assured about the price at the time of halving, it will be a major panic if price falls at the time of halving.
hopefully it does not happen dude ? but it will very likely happen panic selling when prices rise in halving
hopefully it can tackle with a lot of new users coming in and doubled the demand to bitcoin
then panic alternately be insurmountable. but all possibilities can happen


If prices is halving we can't assume will be occur a panic selling. Although if will occur maybe some people will occurance feel panic selling.
but I think for now prices is stagnant or stable. But i agree all possibilities can happen. Is more better if we positive thinking about that.


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May 20, 2016, 01:28:19 AM
 #1854

I might actually start considering buying more Bitcoin now, considering how the value has been taking a small dip recently, and it might be time to buy some Bitcoin and wait for the value to start going back up again. I haven't bought any Bitcoin recently, but this might give me an excuse to finally get really invested in Bitcoin.

I'm curious as to why the value has been dipping recently, it seems uncharacteristic, but we'll see what ends up happening.
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May 20, 2016, 01:29:01 AM
 #1855

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

I buy bitcoin expect prices to rise in the future, and for daily income. bitcoin = internet so with trading i can pay internet bill Cheesy
thank you.
yes I also expect that. bitcoin has a high price and bitcoin become one of the largest cash payment media. I believe that with the increasing technology, the greater the market share bitcoin.
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May 20, 2016, 01:53:05 AM
 #1856

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
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May 20, 2016, 02:13:25 AM
 #1857

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.

yeah i have also bought some using this opportunity, i was kinda waiting for something like this to happen because i had some spare money that i wanted to invest and add that to my previous stash.

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May 20, 2016, 02:15:16 AM
 #1858

Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
Yeah this is the time the best to buy because of $20 decreases.. I am right that the price will still decrease in this month because block halving is too far.. and the effect of block halving is not so fast.. so i think in few months before we will the price hit 600 value..
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May 20, 2016, 07:23:59 AM
 #1859

Invest only the amount you can afford to risk or lose. This principle has been even more real nowadays. When you buy or invest in bitcoin, it is like gambling where chances increase more than usual. If Bitcoin scaling problem is not solved, there is a possibility that the price of bitcoin will go down to zero as another cryptocurrency will rise to take the place of bitcoin. So all we need is just to take precautions and be mindful of what you are into before investing.

We are here to give you all the latest from the Cryptocurrency space!
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May 20, 2016, 07:39:32 AM
 #1860

The main reason why people is buying some Bitcoins is that they want to earn profit with Bitcoin and they have to know that it can takes a long time until the value will be more worth.
And some people wants also to try a new payment method and that would be perfect for the Bitcoin.

agree with you, it's the main reason, each people want to growing his money, then he choose bitcoin as investment or just trade it, so he can earning some profit after sell back his bitcoin in higher price.
As you know you see that the value of the Bitcoin is not even that high and that is the problem because there a  lot of people that wants to make profit with their Bitcoin.
But people that havent Bitcoin yet want to try it as a new payment method and wants to earn profit with it.
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