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Author Topic: Are you buying bitcoins? Why?  (Read 307698 times)
drwtsn32
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September 08, 2016, 03:29:19 PM
 #3521

I do. Sometimes. Because why not? I felt the need to buy it.
So I bought. The reason was I needed to know if it is a good idea to invest in my wallet.
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September 08, 2016, 03:32:39 PM
 #3522

I do. Sometimes. Because why not? I felt the need to buy it.
So I bought. The reason was I needed to know if it is a good idea to invest in my wallet.
If we want to see higher price of bitcoin in future then we should keep on buying them as higher demand will lead to higher price and it should also be spent for the circulation of bitcoin in the system.
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September 08, 2016, 03:45:03 PM
 #3523

I am buying bitcoins for 2 purposes-
1. For day-to-day purchases, to pay mobile bills, mobile recharges, dishtv recharge etc.
2. As the price of bitcoin is going up and up hence I have bought few bit coins as investment purpose.
Thats good your buying bitcoins for some expenses too i am using bitcoins too to pay online or to shop via online because i can easily send my bitcoin into that website and no more etc that you are going to do sample you are going to convert your bitcoin into cash first before you spend it now bitcoin wallet can easily use to pay monthly bill.!!
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September 08, 2016, 04:03:25 PM
 #3524

I am buying bitcoins for 2 purposes-
1. For day-to-day purchases, to pay mobile bills, mobile recharges, dishtv recharge etc.
2. As the price of bitcoin is going up and up hence I have bought few bit coins as investment purpose.
Thats good your buying bitcoins for some expenses too i am using bitcoins too to pay online or to shop via online because i can easily send my bitcoin into that website and no more etc that you are going to do sample you are going to convert your bitcoin into cash first before you spend it now bitcoin wallet can easily use to pay monthly bill.!!

Bitcoin have made life easier when it comes to paying bills online as it saves lot of time and you can do it by just a click of a mouse and if we have enough coins in wallet then we can also make some good profits in future.
btc junkie
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September 08, 2016, 04:04:24 PM
 #3525

I do. Sometimes. Because why not? I felt the need to buy it.
So I bought. The reason was I needed to know if it is a good idea to invest in my wallet.
If we want to see higher price of bitcoin in future then we should keep on buying them as higher demand will lead to higher price and it should also be spent for the circulation of bitcoin in the system.

too bad most people who buy it just hold it or convert it to fiat as quickly as possible
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September 08, 2016, 04:08:55 PM
 #3526

I buy it to pay some online stuff and some for saving. And i like this technology if not to say about very low transfer fees )

Well I am also buying bitcoins for paying some online payments that must be paid immediately so that I don't have to rush to go to the payment center and going to fall in line. Good thing that the payment center here in my country is already accepting bitcoins. So instead of paying in their physical store I just do convert my PP balance into bitcoins.

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crairezx20
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September 08, 2016, 04:44:57 PM
 #3527

Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
Yes. bitcoin have pretty much smaller fee then other payment sources. like paypal, payza, skrill etc. and using bitcoin also safe then others. paypal funds are reversible but no one can reverse the bitcoin once they sent..

Didn't you know that reversible is helpful in most of the cases? It depends on the situation where we need that most.

But for fees Im agree that bitcoin transaction is much cheaper but take note of the exchanges that you will used. They are adding some fees (together with their own btc = usd rate) because of their services but not that high to consider.
The fees is the turning point, people who love to transact online will patronize bitcoin because they can save a lot for their business and will increase their market if they are into business, our prediction that more people will be using bitcoin in the future will be the main factor that make us decide to buy bitcoins because we believe the demand will increase so as with the price.


Higher price of bitcoin will depend on higher adoption, and adoption will surely go to next level in coming years, so I think this is the right time to buy bitcoins as price is still affordable.
thats true, i think the more people get into bitcoins right now the better it is because it means that the price of it grows a lot then

We are witnessing increase in the adoption level of bitcoins and it will continue in future too which will help in taking bitcoin price even higher so I think this is the right time to buy bitcoins.

Yeah that's the thing that it is true and I see that in the next month or the end of the month there is the possibility of a new online store that accept bitcoin as one of the means of payment in transactions. Hopefully what we dreamed about will quickly materialize well and does not cause something bad thing


Bitcoin will be used and accepted at many places in future so I don't think we should be worried about that but as I prefer to hold them for future to get best returns so I will prefer to buy as much as possible.
I hope that our country will be the same as brazil that has 150 stores are accepting bitcoin as payment.
Like starbucks they can pay it in bitcoin.. so i think it takes a long time before world wide all store will accept bitcoin as payment but gradually it will happen.

It will happen in future but it will be an time consuming process as bitcoin is still unknown to many people so and it will start getting accepted everywhere only if there are large number of users.
I think if here in my country if there is someone start accepting locally it can attract more people to use bitcoin if they give some discount if they are using bitcoins. so it can help to promote bitcoin in every country and to motivate other people to use bitcoin..
btc junkie
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September 08, 2016, 05:03:53 PM
 #3528

I buy it to pay some online stuff and some for saving. And i like this technology if not to say about very low transfer fees )

Well I am also buying bitcoins for paying some online payments that must be paid immediately so that I don't have to rush to go to the payment center and going to fall in line. Good thing that the payment center here in my country is already accepting bitcoins. So instead of paying in their physical store I just do convert my PP balance into bitcoins.

Aren't credit cards already immediate?
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September 08, 2016, 06:13:27 PM
 #3529

Its not like how much i buy it or why i bought it its just a cryptocurrency and i neliveif i have many btcs now then i will be the richest person in the future and i am sure many users will agree with my statement
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September 08, 2016, 06:17:02 PM
 #3530

I buy it to pay some online stuff and some for saving. And i like this technology if not to say about very low transfer fees )

Well I am also buying bitcoins for paying some online payments that must be paid immediately so that I don't have to rush to go to the payment center and going to fall in line. Good thing that the payment center here in my country is already accepting bitcoins. So instead of paying in their physical store I just do convert my PP balance into bitcoins.

And what "payment center" is it that you are talking about? Also, don't you have something in your country that allows you to pay for things instantly? Most countries have such a thing.
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September 08, 2016, 06:17:42 PM
 #3531

I have a little stack of bitcoins I do not touch, they are for investment.
Now, when I need bitcoins, I buy them.
Just to pay some online stuff such as oneclickhoster accounts or VPN tickets.
But I never buy more than I actually need.
Vikingr
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September 08, 2016, 07:25:41 PM
 #3532

Its not like how much i buy it or why i bought it its just a cryptocurrency and i neliveif i have many btcs now then i will be the richest person in the future and i am sure many users will agree with my statement

You are right most people agree with your statement, they buy bitcoins for to keep them to get higher value of it in the future so as to become rich with it as in the past a lot of others are now rich with it, while mot of the users adopt it because they find it convenient to buy goods online with that currency.
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September 08, 2016, 07:42:24 PM
 #3533

Its not like how much i buy it or why i bought it its just a cryptocurrency and i neliveif i have many btcs now then i will be the richest person in the future and i am sure many users will agree with my statement

You are right most people agree with your statement, they buy bitcoins for to keep them to get higher value of it in the future so as to become rich with it as in the past a lot of others are now rich with it, while mot of the users adopt it because they find it convenient to buy goods online with that currency.
Back in the days you could have been very rich when investing in Bitcoin, but that's not the case anymore for the a average person.

Don't forget that with the price going up, less and less people will be holding at least 1 Bitcoin, and it will only lower in the coming years if the price indeed goes up to much higher levels.

BSV is not the real Bcash. Bcash is the real Bcash.
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September 09, 2016, 01:06:06 AM
 #3534

Certainly many people are buying it with the same purposes here, i think they are buying bitcoin mostly because they want to earn some money for every spike that happens to it.
There are many reasons why many users do buying bitcoin mostly the users who buy bitcoin is for investing in gambling and the other is for trading and few users buy bitcoin for only holding in their bitcoin wallet and waiting for the increase of the price.
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September 09, 2016, 01:08:18 AM
 #3535

Yea i am buying bitcoin because bitcoin is very secure currency and bitcoin transaction is very faster and its transaction fees is very much lower and bitcoin is available in everywhere in the world for online shopping .
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September 09, 2016, 01:13:28 AM
 #3536

Share with us what's your main reason for buying bitcoins?
yesterday i have bought btc of 28$ in the morning and finally i get the profit because in the present time rates of btc is going to increase not sharply but slow and now prrice is $628/btc
and in my openion it will gk to $680/btc .si i bought btc.
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September 09, 2016, 02:44:43 AM
 #3537

Certainly many people are buying it with the same purposes here, i think they are buying bitcoin mostly because they want to earn some money for every spike that happens to it.

Yeah that is the most reason why people are buying bitcoin they are just going to hold it as the price is going to increase. And when they do believe that the price is going to keep on increasing then that is going to give us some profit if we are going to buy at low price of bitcoin. I've been doing this before in the long run and I would say that it is very profitable.
For me i think most of the people who are buying bitcoin is they use in gambling because holding of bitcoin is only for those user do not want to take more risk in their investment and me im buy bitcoin to invest in trading.
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September 09, 2016, 03:09:02 AM
 #3538

Yea i am buying bitcoin because bitcoin is very secure currency and bitcoin transaction is very faster and its transaction fees is very much lower and bitcoin is available in everywhere in the world for online shopping .
the ease and speed of the main point and the reason I use bitcoin. during this time I am very happy because we already know bitcoin.
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September 09, 2016, 04:19:47 AM
 #3539

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

I will continue to buy bitcoin, for my savings, for the future of my soon to be family. I will use it for everything such as shopping, sending money to friend, and for growing it through trading in the exchange site.
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September 09, 2016, 04:37:49 AM
 #3540

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

I will continue to buy bitcoin, for my savings, for the future of my soon to be family. I will use it for everything such as shopping, sending money to friend, and for growing it through trading in the exchange site.

Most of us have the same goal or aim when it comes to our future thats why we save bitcoin as much as we can, as we can see that bitcoin price as of now  is starting to rise up again which is a good indicator that bitcoin had the potential to rise even more and  because of that our save bitcoin would really benefits  us in the long run.

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