goinmerry
Legendary
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Activity: 2940
Merit: 1083
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June 07, 2016, 06:11:33 AM |
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After the recent jump of bitcoin price from $450 to $585, I think your question holds no value.
That is what we are buying bitcoin for. The price and the huge potential for the price increase in future. Holding bitcoin is also an investment. Not necessarily you have to invest it in anywhere. Just hold it for long time and you will get a massive return.
You will be needing a massive amount of bitcoins also to see the profit in it. If some average guy just want to try it and buy just a few of it then it will not be felt and it tooks a massive amount of trust also to do that.
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jossiel
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June 07, 2016, 06:25:36 AM |
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yes I am buying bitcoin because its rate is getting high
That's a good thing that I can also see about the price of bitcoin in buying bitcoins today, even the price is high but if you think you will get profit from it once the price of bitcoin really pumps up.
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BitcoinSupremo
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June 07, 2016, 06:58:26 AM |
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yes I am buying bitcoin because its rate is getting high
That's a good thing that I can also see about the price of bitcoin in buying bitcoins today, even the price is high but if you think you will get profit from it once the price of bitcoin really pumps up. Thats not a very smart choice considering the price of bitcoin is quite up already, and what will happen after halving is only speculation until now, however law of economics mainly in FOREX but it can apply here also is that one pair like EUR/USD or whatever can't go up forever, and I think this should be the situation of bitcoin also that is it can't go up forever before making some corrections down the way just like EUR/USD pair. I hope you understand the correlation I am making.
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Piltover
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June 07, 2016, 06:59:33 AM |
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Im still waiting the price down to $540 before buy back
I'm also waiting on a price fall because the price that it now has is just too high for me, I do not want to buy on this amount. Plus I also think it will fall with a bit if time this year. The perfect moment to buy some Bitcoin is that you have to buy it low so the chance will be higher for you to make profit. And it is really hard to know what will happen after your investment but that is just the risk that you should take with Bitcoin.
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InsideBjorn
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June 07, 2016, 07:37:08 AM |
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No i never buy bitcoins the only thing i do is mining them and earning them with all kind of things. And further i invest in some comopanys off course with bitcoins but it does not give me a big profit so i dont know if i will continoui
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maudevang
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June 07, 2016, 07:56:52 AM |
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Because I believe in the currency. I think it will rise in the next 5-10 years... thats why I buy a bit of bitcoin every month...
I also have some faith in the future of the Bitcoin and that is why I am investing in Bitcoins and holding on to them. It is not sure that the future price will be good but I like to take the gamble.
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bitcoinpete
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June 07, 2016, 08:00:36 AM |
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Blockhalving is around the corner
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hermanhs09
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June 07, 2016, 08:05:43 AM |
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Actually i want to buy but it is not possible now. The price of Bitcoin crossed 580$ today so no is selling Bitcoin for low price so where should i buy. Actually last month is the best days to buy Bitcoins but who knows this price will go this much high. I am looking for low price coins but not getting any where. Because of this price high only i was looking for low price coins. Now i am making Coins from signature campaign only.
You shouldn't think like that. Remember that fiat currency will eventually go to zero and be worth nothing at all. Not even a cent. So the bitcoin price relative to fiat currency doesn't really matter to me. As long as I have money, I buy bitcoin. I buy it both as an investment, and as a store of value for the future.
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isen
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June 07, 2016, 08:11:03 AM |
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I earn my bitcoins so i don't need to buy them,i bought btc only once when the price was much lower from now and i couldn't resist in buying some cheap coins
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n2004al
Legendary
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Activity: 1134
Merit: 1000
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June 07, 2016, 08:16:06 AM |
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Share with us what's your main reason for buying bitcoins?
I am buying bitcoins (not as much as before but yet buying) because have found way to invest and grow those. And then even because believe that buy bitcoin is a good investment on itself. I believe that in long term bitcoin will have increased price. the last days give some right to my thoughts. And to not mention here that is not yet halving when the increase of price have much more reasons to happen.
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rigging
Jr. Member
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Activity: 59
Merit: 10
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June 07, 2016, 09:25:08 AM |
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I am buying BTC every 2 months
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tabas
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June 07, 2016, 09:37:43 AM |
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I am buying BTC every 2 months
I think you must indicate why you are buying bitcoins every 2 months. Or maybe it is just you are used to buy it every 2 months because you are always doing it every 2 months. Honestly, I haven't bought any bitcoins but I'm trying to buy some if I get profit after the halving.
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hermanhs09
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June 07, 2016, 09:44:40 AM |
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Blockhalving is around the corner
Yeah, block halving is certainly going to contribute to a sudden rise in bitcoin price. And it's going to be a pretty large rise as well. That's why I'm buying bitcoins now so I can hold it till the halving comes. You could also buy bitcoins to purchase goods, both virtually and physically. You usually get it for a discount as well.
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adibe
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June 07, 2016, 10:07:37 AM |
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Yes, i always buying bitcoins. Because i'm a gambler and i love gambling on bitcoin, and i have some bitcoin for holding, because i think the price of bitcoin will be increase again.
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Labumi
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June 07, 2016, 10:23:59 AM |
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I earn my bitcoins so i don't need to buy them,i bought btc only once when the price was much lower from now and i couldn't resist in buying some cheap coins The ways and strategies of good. This could be one of the references, for if we do this then we do not have any doubts against bitcoin. Because we only use very little capital, and if we lose then it's no problem, but I think that 100% of the Bitcoin will not give harm to us, when we use the bitcoin manner and the right strategy. And the easiest way is to buy when prices are low and the bitcoin selling at high prices.
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dharnamonitor
Full Member
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Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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June 07, 2016, 11:57:11 AM |
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To buy some stuff online and to play in gambling sites
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taytuyen
Member
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Activity: 73
Merit: 10
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June 07, 2016, 12:02:44 PM |
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Because bitcoin halving is coming up in July, so that means mining of new Bitcoins will be cut in half. I've been buying in once a week for the last 2 months - you can imagine I'm feeling quite good about the current rally.
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Teraboy
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June 07, 2016, 12:09:58 PM |
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Share with us what's your main reason for buying bitcoins?
Because I like bitcoin, I buy bitcoin
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BrewMaster
Legendary
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Activity: 2114
Merit: 1293
There is trouble abrewing
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June 07, 2016, 12:14:53 PM |
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i buy bitcoin because i enjoy using it instead of any of other methods of spending money, bitcoin is the best.
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There is a FOMO brewing...
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Moneroman88
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June 07, 2016, 12:55:49 PM |
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I don't buy Bitcoin because I get paid in BTC most of the time. I do have USD and Rubles stacked up in the Bank for my ex-wives and children. Monero (for tech advantage) and Bitcoin (a historical monument) are my digital cryptographic assets of choice. I also have heavily invested in real estate and hold BTC in cold storage and on Yobit.
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