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Author Topic: Are you buying bitcoins? Why?  (Read 307698 times)
GregH37
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July 30, 2016, 03:42:12 AM
 #2781

I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

well agreed. using bitcoin is much much easier than paypal and than any online payment source and payment system. bitcoin covers lots of things. it is not only a currency or a payment gateway. it is more then them. bitcoin is a great investment itself. lots of peoples buying just for future investment.
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July 30, 2016, 04:15:20 AM
 #2782

I did buy some bitcoins back then to invest in scrypt.cc which later on turned out to be a scam. I also did buy some bitcoins to gamble. I made some profit out of gambling but I eventually lost all my money from that. Now that I do have a steady bitcoin income which came from this signature campaign, I don't buy bitcoins anymore. I just wait for it to rise and then sell it whenever I feel like it's the top of the pump.

It is wise to buy bitcoins today though while the halving still hasn't affected bitcoin's price just yet. The price of bitcoin will eventually rise anyway.

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July 30, 2016, 04:21:16 AM
 #2783

I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

well agreed. using bitcoin is much much easier than paypal and than any online payment source and payment system. bitcoin covers lots of things. it is not only a currency or a payment gateway. it is more then them. bitcoin is a great investment itself. lots of peoples buying just for future investment.

I wouldn't say bitcoin is necessarily much easier than online credit card payments. Confirmations can take a while.
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July 30, 2016, 04:32:24 AM
 #2784

I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin
at first, the paypal and bitcoin is made for different needs, maybe bitcoin is made to assist the main currency and making more comfortable for making transaction in the digital world and paypal is just like a wallet can store your money in balance form, but likely bank paypal is needed a lot of requirement for using that, we can't compare paypal and bitcoin because there is made by the different goal.

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July 30, 2016, 05:24:40 AM
 #2785

I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

well agreed. using bitcoin is much much easier than paypal and than any online payment source and payment system. bitcoin covers lots of things. it is not only a currency or a payment gateway. it is more then them. bitcoin is a great investment itself. lots of peoples buying just for future investment.

I wouldn't say bitcoin is necessarily much easier than online credit card payments. Confirmations can take a while.


Well that is really true about bitcoin that's why many are now using it and buying as many as they can and not just for a payment method.

And itself bitcoin is a digital currency where you can really use it for a payment to any good you want to buy as long as the merchant is

accepting bitcoins for payment.

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July 30, 2016, 05:34:09 AM
 #2786

I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

well agreed. using bitcoin is much much easier than paypal and than any online payment source and payment system. bitcoin covers lots of things. it is not only a currency or a payment gateway. it is more then them. bitcoin is a great investment itself. lots of peoples buying just for future investment.

I wouldn't say bitcoin is necessarily much easier than online credit card payments. Confirmations can take a while.

it has been argued a million times at least.
the confirmation time is not such a big dea for the real merchants because the risk of double spend for them is a lot smaller than the chance of credit card fraud and the pain to prove it.


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July 30, 2016, 06:38:08 AM
 #2787

I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

well agreed. using bitcoin is much much easier than paypal and than any online payment source and payment system. bitcoin covers lots of things. it is not only a currency or a payment gateway. it is more then them. bitcoin is a great investment itself. lots of peoples buying just for future investment.

I wouldn't say bitcoin is necessarily much easier than online credit card payments. Confirmations can take a while.

it has been argued a million times at least.
the confirmation time is not such a big dea for the real merchants because the risk of double spend for them is a lot smaller than the chance of credit card fraud and the pain to prove it.

true a bitcoin transaction is always safer and better overall but not always easier when considering timely purchases.
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July 30, 2016, 11:24:50 AM
 #2788

i buying bitcoin as investment and hold my bitcoin wait for increasing it price in huge amount and after rise up i convert it into fiat then  i can get a good profit from bitcoin .
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July 30, 2016, 12:10:08 PM
 #2789

i buying bitcoin as investment and hold my bitcoin wait for increasing it price in huge amount and after rise up i convert it into fiat then  i can get a good profit from bitcoin .
Its even good to buy now as the price is still increasing. Instead of buying and saving the btc, better earn and save the btc. It would bring more benefits than the profit you get from other source. The price will certainly increase. I appreciate your confidence. We are all looking for the price increase. Lets hope to reach more high with  BTC.
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July 30, 2016, 12:44:13 PM
 #2790

I am not buying bitcoin cause price is very high for me, even if it's eround $500, i used to earn bitcoins by myself in different ways.
i dont think that the price is so high,  i think bitcoin has still potential to raise high, therefore i think there is still time to buy bitcoin and book profit. most of the people are thinking that the price of bitcoin will easily cross 1000 USD in next few months and may be cross 1200$ in the end of 2016. so i can suggest you that still it is good time to buy bicoin.
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July 30, 2016, 12:48:10 PM
 #2791

I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

Yeah, that is very true. In addition to these advantages, bitcoin is one currency that we can exchange with any currency that exists in the world and they only give you a very cheap Exchange pieces compared to Exchange in an existing bank. I prefer using bitcoin transactions, but it was all I could do to just a few thing only
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July 30, 2016, 12:55:31 PM
 #2792

i buying bitcoin as investment and hold my bitcoin wait for increasing it price in huge amount and after rise up i convert it into fiat then  i can get a good profit from bitcoin .
yeah there are many bitcoin user hold their bitcoin for increasing its price in huge amount , i think they are sure that bitcoin will be more rise up its price and bitcoin really getting powerful currency than other currency and then we can get a good profit easily if hold our bitcoin for a months or above .
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July 30, 2016, 04:35:03 PM
 #2793

Yes, I am buying bitcoins and I purchase bitcoins under my systematic investment plan. I strongly believe that bitcoins are undervalued right now and we are still in the early phase of this revolutionary technology. When more financially literate people will start using bitcoins then we will move towards mainstream of digital global economy.

So instead of directly investing fiat, I buy some part of bitcoin and invest it (so I actually invest in both ways, actual investment for interest and actual appreciation of bitcoin price). My main reason to buy bitcoin is to promote this technology and to be empowered in digital global economy.
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July 30, 2016, 10:18:09 PM
 #2794

I dont usually buy bitcoin because i dont have many good options, I should buy from individuals which costs me more than online exchanges because of fees. Why should buy bitcoin is because it is a great asset.
so i dont get it, do you buy it or not, because it is a great asset so according to you yyou should be buying, i buy my bitcoins from time to time as an investment

I always want to buy but because there are very very rare sellers in my city it is hard to find anyone that has good rates and less fess and sometimes I can't buy bitcoins even if I want. I haven't tried buying with paypal online but this can be the fastest option for me.
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July 30, 2016, 10:38:27 PM
 #2795

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
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July 30, 2016, 11:07:59 PM
 #2796

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..
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July 31, 2016, 12:50:40 AM
 #2797

I dont usually buy bitcoin because i dont have many good options, I should buy from individuals which costs me more than online exchanges because of fees. Why should buy bitcoin is because it is a great asset.
so i dont get it, do you buy it or not, because it is a great asset so according to you yyou should be buying, i buy my bitcoins from time to time as an investment

I always want to buy but because there are very very rare sellers in my city it is hard to find anyone that has good rates and less fess and sometimes I can't buy bitcoins even if I want. I haven't tried buying with paypal online but this can be the fastest option for me.
Lol, maybe you're less in your effort to finding the way to buying the bitcoin like you can buying a gift card like amazon gift card and etc and then selling it into bitcoin payment and holla,you get your bitcoin with some a little profit inside of them.

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chixka000
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July 31, 2016, 03:16:51 AM
 #2798

They are not lucky. They understand bitcoins value ahead of us. That is why they bought it and hold on it even when it was still almost no value. And they are now reaping the profits of it. It is not too late. Bitcoin can still grow more, and someday someone will say, they bought at 600 and now enjoying millions in profit.

I agree with you, they are not that lucky. But those people who can read the situation and take advantage of opportunities, even dare to risk investing in bitcoin at the time Smiley

It is good if you can invest your bitcoins on the legitimate company or site but the thing is if your lucky to see one,  but you will need a courage to gamble it and I think if you really don't want to risk you money or bitcoin then don't do it and just trade your bitcoin and there are other methods in increasing your bitcoin!

Trading is also risky dude if you then really want to risk your bitcoin i think you must earn them and hold them for awhile. But i think it would take a very long process to do so.
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July 31, 2016, 04:20:08 AM
 #2799

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

What kind of stores?


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July 31, 2016, 06:14:48 AM
 #2800

I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

What kind of stores?
It is not only for brazil and stores will not be the basis on the stability of bitcoins, the holders should increase in volume in order to ensure stability and a lot of interest will be serve to protect bitcoin to not easily crash down.

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