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Author Topic: Are you buying bitcoins? Why?  (Read 307701 times)
sbtctalk
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July 31, 2016, 06:29:02 AM
 #2801

There is a decrease in number of BTC sellers in my localbitcoins ever since the halving. Am trying to take advantage of the recent low prices but the trusted sellers are not selling!

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setupbounds
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July 31, 2016, 07:38:20 AM
 #2802

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.
yeah the price seems to be really high compared with the prices of the bitcoin a few months back, though i still buying my bitcoins in order to make profit
The price sometimes drop to around 650. I just wait for that moment and buy bitcoins and I'll sell them when the price is 660. It's risky but its a good profit in much quicker time. I love buying bitcoins when it get struck within a price range. Because, with little risk I am able to generate more profits comparatively in very less time than my usual trading.
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July 31, 2016, 07:48:52 AM
 #2803

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

i buy bitcoins now to spend some. i have 8 bitcoins in my other wallet but i save them for huge price rise, and now i buy bitcoins only before  i pay for soemthing

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July 31, 2016, 07:51:08 AM
 #2804

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.
yeah the price seems to be really high compared with the prices of the bitcoin a few months back, though i still buying my bitcoins in order to make profit
The price sometimes drop to around 650. I just wait for that moment and buy bitcoins and I'll sell them when the price is 660. It's risky but its a good profit in much quicker time. I love buying bitcoins when it get struck within a price range. Because, with little risk I am able to generate more profits comparatively in very less time than my usual trading.
If there is a big price drop (and by big i mean bigger than $10) just like right now, then you can count on a quick rise right after the drop. this will happen in 90% of the cases.
so if you are quick you can make a profit. this also works with a big rise and small drop afterwords. it is risky though and you have to be quick. and the bigger the rise/drop the better.

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July 31, 2016, 08:11:01 AM
 #2805

Well the first reason of buying bitcoin is to make profit depending on the current market rates. It would be even better to save the bitcoin you earned or bought for long time to gain much profit out it. We even see more buyers of btc rotate the bitcoins instead of making it stay in one place.
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July 31, 2016, 08:31:54 AM
 #2806

There is a decrease in number of BTC sellers in my localbitcoins ever since the halving. Am trying to take advantage of the recent low prices but the trusted sellers are not selling!
Yes indeed when the price drops greatly reduced the number of sellers BTC because if they sell it will be a loss for them. It is used by many people to buy because if prices go up he will get a very good profit.
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July 31, 2016, 06:13:12 PM
 #2807

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 .
Most people are buying bitcoins for the very same reason: hoping to get profits.
I would not deny that I am thinking the same but I actually use a part of the bitcoins that I bought to trading as it seems very profitable now a days. My trading helps me to buy more bitcoins again for the purpose of both saving and trading.
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July 31, 2016, 09:06:54 PM
 #2808

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?
i would definitely like to have any kind of stores around me, i hope that i will make money in the future so i am buying myself a lot of bitcoins now

 
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July 31, 2016, 09:17:08 PM
 #2809

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?
i would definitely like to have any kind of stores around me, i hope that i will make money in the future so i am buying myself a lot of bitcoins now
You are buying bitcoins right now you are timing because the price of bitcoin is decrease again a little bit..

For me i never buy bitcoin until now i just collecting it and dreaming to see some a good price of bitcoin inthe future..

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July 31, 2016, 10:43:04 PM
 #2810

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.
yeah I will not be hypocritical that I also experienced difficulties like you I can not spend bitcoin for purposes of buying food and other daily necessities. yeah I know this would involve adoption. you could see that the bitcoin is still fairly small. yeah so I'm more often converts them into fiat then spend it
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July 31, 2016, 10:46:07 PM
 #2811

Not yet, I don't think it's the bottom line.
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July 31, 2016, 10:46:21 PM
 #2812

Not buying but selling them right now because their is demand for them.
I expect the price to keep sliding so buying them is not an option for me right now. But of course I could be wrong. Embarrassed
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August 01, 2016, 12:01:10 AM
 #2813

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.
yeah I will not be hypocritical that I also experienced difficulties like you I can not spend bitcoin for purposes of buying food and other daily necessities. yeah I know this would involve adoption. you could see that the bitcoin is still fairly small. yeah so I'm more often converts them into fiat then spend it
Just there are a once way for you filling your daily necessities exchange it into fiat, and there is no another way from that, like me maybe if I having an urgent need I always needed to exchange or trade my btc before buying a needs, but I can do that with feeling glad.

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August 01, 2016, 01:46:32 AM
 #2814

Hmm why to buy if you can earn bitcoins for free ? O.o there's a lot of ways to earn bitcoins or satoshi just use your browser and use it on how to earn bitcoins because many of us are still spoonfeeding if we have internet use it , it will helps you to earn more knowledge on what you want to learn i use mine because of this now im earning bitcoin and i thank also to this forum where i can earn bitcoin by doing or joing in signature campaign always put in your mind that there's always a ways Smiley
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August 01, 2016, 02:08:30 AM
 #2815

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?
i would definitely like to have any kind of stores around me, i hope that i will make money in the future so i am buying myself a lot of bitcoins now
yeah compared using bitcoin to currency or payment method. I'm using bitcoin to invest and obtain a profit. I rarely do bitcoin spending to some shops
probably when I'll really need to use it, but I mostly use bitcoin for any trading or investment only

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August 01, 2016, 03:02:03 AM
 #2816

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?
i would definitely like to have any kind of stores around me, i hope that i will make money in the future so i am buying myself a lot of bitcoins now
yeah compared using bitcoin to currency or payment method. I'm using bitcoin to invest and obtain a profit. I rarely do bitcoin spending to some shops
probably when I'll really need to use it, but I mostly use bitcoin for any trading or investment only


I do not ever buy bitcoin but i have bitcoin because of participating in signature campaign but also if i buy bitcoin i used this for my investment and not to spend what i am doing in my earnings every week.
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August 01, 2016, 03:05:59 AM
 #2817

I'm not buying Bitcoin right now because the value is going down and the market still seems like it hasn't found a bottom yet (however things have slowed at $617 so this might be where it ends, or begins to end, no guarantees) but I will be buying once the market stops going in such a negative trend and it starts to look a bit upwards. that could be in a while, it could be soon. We'll find out.
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August 01, 2016, 04:20:00 AM
 #2818

I am a buyer on weakness in the current market. I believe that we will see the $500 - $550 range again, and am ponying up my powder to buiy more if that level happens

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August 01, 2016, 04:33:01 AM
 #2819

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?
i would definitely like to have any kind of stores around me, i hope that i will make money in the future so i am buying myself a lot of bitcoins now
yeah compared using bitcoin to currency or payment method. I'm using bitcoin to invest and obtain a profit. I rarely do bitcoin spending to some shops
probably when I'll really need to use it, but I mostly use bitcoin for any trading or investment only


I do not ever buy bitcoin but i have bitcoin because of participating in signature campaign but also if i buy bitcoin i used this for my investment and not to spend what i am doing in my earnings every week.
You will not be rich with your earning in signature campaign, if you are not a major spender in the community you can save that for the future and invest accordingly to the trusted sites to increase your money. I am also earning but I do not consider this amount as enough to make my daily income as I have also risk some of my bitcoins in trading.

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..PLAY NOW..
btc junkie
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August 01, 2016, 05:28:20 AM
 #2820

Hmm why to buy if you can earn bitcoins for free ? O.o there's a lot of ways to earn bitcoins or satoshi just use your browser and use it on how to earn bitcoins because many of us are still spoonfeeding if we have internet use it , it will helps you to earn more knowledge on what you want to learn i use mine because of this now im earning bitcoin and i thank also to this forum where i can earn bitcoin by doing or joing in signature campaign always put in your mind that there's always a ways Smiley

Because signature campaigns and faucets provide very little
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