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Author Topic: Are you buying bitcoins? Why?  (Read 307749 times)
Doms
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May 28, 2016, 09:06:13 AM
 #1941

The recent price surge has been ridiculous, atleast for me who didn't witness these things happen to bitcoin the last few years. Reminds me of the days when a new stock is being hyped, then pump and dump would follow. But I think the case with bitcoin is different as it has had its fair share of price swings over the years. I am still hoping there is still a small window of opportunity that's gonna open before it reaches new year highs.
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May 28, 2016, 09:23:39 AM
 #1942

I'm buying bitcoins so i can trade/invest them into more things. Or sometimes some companies/service providers offer discounts for products if you buy with bitcoins
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May 28, 2016, 09:33:25 AM
 #1943

I still buying &mining Bitcoin because it is an investment for me. Just like someone who buys shares, I buy Bitcoin. I hope that in the future the price will go up & up everyday so i think I will make a lot of money.I LOVE BTC


Wow you have a really good source of earning in bitcoins, just continue what you are doing and if you see you are more productive with it,
it is better to for you to stay with it. And definitely, bitcoin really help us on everything. If you can afford to buy, go buy for it.

but bitcoin mining seems to be more difficult when halving occurs, because there is a reduction in the block and surely you will get very little.

Yeah, let's just hope that miners would still be there, because they are important in the cycle of bitcoin.



Cannot afford to buy at this price, its too high now, so will wait till price drops, but looking at present movement I don't think there is any scope for price drop now.

Well that's for sure that bitcoin now has high price but I don't want it to become low but if you can afford to buy it today, go buy.

I think price may drop in coming days so that would be perfect time to buy, no one will try to buy with current price as majority of us thinks its too high now.
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May 28, 2016, 09:37:11 AM
 #1944

I have started buying BTC again, we may see a little vol, but these are decent long term buying levels inmho

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May 28, 2016, 09:53:45 AM
 #1945

The recent price surge has been ridiculous, atleast for me who didn't witness these things happen to bitcoin the last few years. Reminds me of the days when a new stock is being hyped, then pump and dump would follow. But I think the case with bitcoin is different as it has had its fair share of price swings over the years. I am still hoping there is still a small window of opportunity that's gonna open before it reaches new year highs.

We can see it that it is going to be better for bitcoin as the flow of coins that it comes to pump and suddenly dumps. You are right on what you've said
The price swings really fair and for sure there are going to be windows of opportunity in the future.

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May 28, 2016, 09:56:21 AM
 #1946

I buy bitcoin because with bitcoin I can buy a variety of daily needs easily. I just buy online and then set how bitcoin I have to pay. it's very easy and it makes me gain more valuable time.
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May 28, 2016, 10:15:19 AM
 #1947

I have kept buying on hold now, will wait for price drop, as today's price is very bigger for me, may be it will come down in next couple of days.
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May 28, 2016, 10:35:01 AM
 #1948

I buy bitcoin because with bitcoin I can buy a variety of daily needs easily. I just buy online and then set how bitcoin I have to pay. it's very easy and it makes me gain more valuable time.

Yes you can buy anything for your daily needs and for the things also that you want. But today, I don't recommend buying of bitcoin, as the price of bitcoin
today fluctuates to higher price to $500.
Hopefully, that it will go higher and higher before and after the halving.

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May 28, 2016, 11:17:52 AM
 #1949

I still buying &mining Bitcoin because it is an investment for me. Just like someone who buys shares, I buy Bitcoin. I hope that in the future the price will go up & up everyday so i think I will make a lot of money.I LOVE BTC


Wow you have a really good source of earning in bitcoins, just continue what you are doing and if you see you are more productive with it,
it is better to for you to stay with it. And definitely, bitcoin really help us on everything. If you can afford to buy, go buy for it.

but bitcoin mining seems to be more difficult when halving occurs, because there is a reduction in the block and surely you will get very little.

Yeah, let's just hope that miners would still be there, because they are important in the cycle of bitcoin.
I am worry, some mining companies are experiencing a lot of bankrupt like this https://news.bitcoin.com/knc-miner-bankruptcy-shutting-down/ .
and it may occur due to halving.
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May 28, 2016, 11:21:22 AM
 #1950

I have kept buying on hold now, will wait for price drop, as today's price is very bigger for me, may be it will come down in next couple of days.

I wouldn't count on that happening in the future. The price of Bitcoin might stay as it is now or go slightly higher but not in the other direction. $500 for 1 BTC is a pretty fair price for today.

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May 28, 2016, 11:27:23 AM
 #1951

I have kept buying on hold now, will wait for price drop, as today's price is very bigger for me, may be it will come down in next couple of days.

I wouldn't count on that happening in the future. The price of Bitcoin might stay as it is now or go slightly higher but not in the other direction. $500 for 1 BTC is a pretty fair price for today.

Price drop today is going to be somehow unsure since the price already went to a higher price which is $500, I think if the price will drop it will only
drop to still a high price such as $480-$490.
And I think, that is still not a good time for buying bitcoins.

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May 29, 2016, 05:31:49 AM
Last edit: June 04, 2016, 07:19:02 AM by streazight
 #1952

I am buying bitcoins to get rich on halving.
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May 29, 2016, 12:42:17 PM
 #1953

Hey didn't you know that you can buy coins without getting money in your own pocket. That's what Im started.
You can do exchange trading to USD with your earn btc's then do vice versa everytime the market gives you a nice show.
not in present time because its price has raise to such a high level. it is expeted that its price will raise to next high level. but as i have lost a lot of money in stock exchange. so i ma worring about such high position, but when its rate will drop i will like to buy some more bitcoin and then i will wait for its value to increase.
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May 29, 2016, 12:53:31 PM
 #1954

Hey didn't you know that you can buy coins without getting money in your own pocket. That's what Im started.
You can do exchange trading to USD with your earn btc's then do vice versa everytime the market gives you a nice show.
not in present time because its price has raise to such a high level. it is expeted that its price will raise to next high level. but as i have lost a lot of money in stock exchange. so i ma worring about such high position, but when its rate will drop i will like to buy some more bitcoin and then i will wait for its value to increase.


We cannot afford to buy with current price now, its too high for me, I will prefer to wait for next few days and will see if price falls or not and if it doesn't drop then will take risk of buying at higher price.
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May 29, 2016, 01:00:49 PM
 #1955

Hey didn't you know that you can buy coins without getting money in your own pocket. That's what Im started.
You can do exchange trading to USD with your earn btc's then do vice versa everytime the market gives you a nice show.

Yeah that is also what I'm doing the btc's I got from my signature campaign and well as giveaways, faucets. I'm using it for buying bitcoins,
but I can say, I will stop it since the price is getting higher and higher.
I'm going to hold until the price increase stops.

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May 29, 2016, 01:18:36 PM
 #1956

I bought it for this day and next month. To make profit. Market exploded. Got 8% profit in three months.

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May 29, 2016, 01:32:36 PM
 #1957

Yes i bought bitcoin last month for halving im also trading @ trading forex hope that bitcoin will stay lasting long  now or go slightly higher
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May 29, 2016, 01:33:38 PM
 #1958

I bought it for this day and next month. To make profit. Market exploded. Got 8% profit in three months.

That is the unique thing about bitcoin that you can make some good profits in quick session, I bought at $420 price and its already $520 but not selling as price will go more higher at halving.
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May 29, 2016, 03:02:35 PM
 #1959

I buy Bitcoins since I couldn't have

1. joined business/programs that would make me money (don't have paypal, payza.. etc cc and or bank account / at least am comfortable using with)

2. bought certain stuff because I didn't have the aforementioned

---> then we also have the potential for Bitcoin to rise up, so I'd be making money just by buying and holding it.

... one last note: curiosity and that feeling to participate in history happening right before my eyes to me that'll bring us forth to the future
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May 29, 2016, 03:04:38 PM
 #1960

I bought it for this day and next month. To make profit. Market exploded. Got 8% profit in three months.

That is the unique thing about bitcoin that you can make some good profits in quick session, I bought at $420 price and its already $520 but not selling as price will go more higher at halving.

I think you should sell some of your coins as you are making descent profit at this stage, and you can always buy again if price drops in recent times.
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