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Author Topic: Are you buying bitcoins? Why?  (Read 307056 times)
Harlot
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September 14, 2016, 05:30:12 AM
Last edit: September 14, 2016, 06:56:32 AM by Harlot
 #3661

No, buying bitcoin is currently not in my option. I would rather earn Btc rather than buying one. Because I consider the danger of buying btc with fiat as a risky thing. As cyrptocurrency price changes quickly compared to fiat money. Like when I buy BTC with a higher USD price and spending more. I could have save money from buying it at a cheaper price. So it is better safe than sorry for me.

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September 14, 2016, 09:04:44 AM
 #3662

Most of the bitcoin users buy bitcoin for their gambling activity and there are few that they only want to hold it until they get profit but for me i have bitcoin to spend and to invest.

Yeah there are many people who buys bitcoin only for the gambling purposes as its very easy to gamble with it and it also provides you great level of privacy, but its better to treat it as an investment and not waste in gambling.
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September 14, 2016, 09:07:27 AM
 #3663

Most of the bitcoin users buy bitcoin for their gambling activity and there are few that they only want to hold it until they get profit but for me i have bitcoin to spend and to invest.

Yeah there are many people who buys bitcoin only for the gambling purposes as its very easy to gamble with it and it also provides you great level of privacy, but its better to treat it as an investment and not waste in gambling.
I have to be honest, I am one of those people who are buying bitcoins to gamble and actually I am losing more money because of online bitcoin gambling where it is so easy to gamble anytime and anywhere as long as I have in me my computer with internet. But despite of that, I am satisfied with the entertainment I get.

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September 14, 2016, 09:10:30 AM
 #3664

Most of the bitcoin users buy bitcoin for their gambling activity and there are few that they only want to hold it until they get profit but for me i have bitcoin to spend and to invest.

Yeah there are many people who buys bitcoin only for the gambling purposes as its very easy to gamble with it and it also provides you great level of privacy, but its better to treat it as an investment and not waste in gambling.
just did some gambling earlier and loses some of my btc i guess you are correct btc should be treated as an investment and not just use it and lose it for fun in gambling.

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bamboylee
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September 14, 2016, 09:14:13 AM
 #3665

No, buying bitcoin is currently not in my option. I would rather earn Btc rather than buying one. Because I consider the danger of buying btc with fiat as a risky thing. As cyrptocurrency price changes quickly compared to fiat money. Like when I buy BTC with a higher USD price and spending more. I could have save money from buying it at a cheaper price. So it is better safe than sorry for me.

It is just the same to me. If you are earning bitcoin, then you are just investing your time in it. If you buy, you invest your money. Both are important. It is true that bitcoin prices fluctuate and that you can buy at a lower or higher price, but if you are for bitcoin investment, then the price now does not matter because in the future it can be higher. But if for spending, then it is important to buy on dips.
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September 14, 2016, 09:14:57 AM
 #3666

Most of the bitcoin users buy bitcoin for their gambling activity and there are few that they only want to hold it until they get profit but for me i have bitcoin to spend and to invest.

Yeah there are many people who buys bitcoin only for the gambling purposes as its very easy to gamble with it and it also provides you great level of privacy, but its better to treat it as an investment and not waste in gambling.
just did some gambling earlier and loses some of my btc i guess you are correct btc should be treated as an investment and not just use it and lose it for fun in gambling.

If you feel that gambling is for fun then you can visit those sites once in a blue moon with a very small capital, but the fact is we never come to know that when fun gets converted into addiction.
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September 14, 2016, 09:50:34 AM
 #3667

Why buy, when I can increase them through investing in Forex Paradise ( https://forexparadise.biz/ )?

Cool

How would you support your claim of getting earnings through that Forex Paradise website? How long will it last? Because I'm pretty sure this is ponzi scheme.
Another, is how can you invest to that without buying or earning a capital first?
Corenin
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September 14, 2016, 09:54:51 AM
 #3668

Why buy, when I can increase them through investing in Forex Paradise ( https://forexparadise.biz/ )?

Cool

How would you support your claim of getting earnings through that Forex Paradise website? How long will it last? Because I'm pretty sure this is ponzi scheme.
Another, is how can you invest to that without buying or earning a capital first?

Yeah and now I don't have faith in any of those sites as it will surely run away with my money in future as I have very much bad experience in the past of investing my coins in online sites.
warwar
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September 14, 2016, 10:06:49 AM
 #3669

No, buying bitcoin is currently not in my option. I would rather earn Btc rather than buying one. Because I consider the danger of buying btc with fiat as a risky thing. As cyrptocurrency price changes quickly compared to fiat money. Like when I buy BTC with a higher USD price and spending more. I could have save money from buying it at a cheaper price. So it is better safe than sorry for me.

It is just the same to me. If you are earning bitcoin, then you are just investing your time in it. If you buy, you invest your money. Both are important. It is true that bitcoin prices fluctuate and that you can buy at a lower or higher price, but if you are for bitcoin investment, then the price now does not matter because in the future it can be higher. But if for spending, then it is important to buy on dips.

Yeah true. That is trading buy bitcoin in small price and sell it if the price rises and earn Cheesy But you are investing you time and money on it because you are buying a coin not only in bitcoin but also in other coin. But in the future price will be up and higher because of there are lot of users in bitcoin Cheesy
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September 14, 2016, 10:18:53 AM
 #3670

No, buying bitcoin is currently not in my option. I would rather earn Btc rather than buying one. Because I consider the danger of buying btc with fiat as a risky thing. As cyrptocurrency price changes quickly compared to fiat money. Like when I buy BTC with a higher USD price and spending more. I could have save money from buying it at a cheaper price. So it is better safe than sorry for me.

It is just the same to me. If you are earning bitcoin, then you are just investing your time in it. If you buy, you invest your money. Both are important. It is true that bitcoin prices fluctuate and that you can buy at a lower or higher price, but if you are for bitcoin investment, then the price now does not matter because in the future it can be higher. But if for spending, then it is important to buy on dips.

Yeah true. That is trading buy bitcoin in small price and sell it if the price rises and earn Cheesy But you are investing you time and money on it because you are buying a coin not only in bitcoin but also in other coin. But in the future price will be up and higher because of there are lot of users in bitcoin Cheesy
I think it is easy to trade in bitcoin because we can predict the price compared to some altcoins out there where we only witness a pump and dump game like gambling, with bitcoins you can protect your investment because news are everywhere and you can research for you to make the right decision.

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September 14, 2016, 10:19:25 AM
 #3671

a few day ago I'm buying bitcoin
because the price is down and I want to sell it when price of bitcoin will rise to 650$-700$

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September 14, 2016, 12:32:35 PM
 #3672

a few day ago I'm buying bitcoin
because the price is down and I want to sell it when price of bitcoin will rise to 650$-700$

Now it's $612 , just wait few months and you can reached your goal (hopefully).
Holding your bitcoin is safer investment because you just hold your bitcoin and wait until your goal prices and sell it.
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September 14, 2016, 12:35:10 PM
 #3673

a few day ago I'm buying bitcoin
because the price is down and I want to sell it when price of bitcoin will rise to 650$-700$


To see your target price I think you need to wait longer, it may achieve the price of $650 in coming days but I don't think it will be easy to touch the price of $700 pretty soon.
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September 14, 2016, 12:38:19 PM
 #3674

a few day ago I'm buying bitcoin
because the price is down and I want to sell it when price of bitcoin will rise to 650$-700$


To see your target price I think you need to wait longer, it may achieve the price of $650 in coming days but I don't think it will be easy to touch the price of $700 pretty soon.

It also depends on the situation. all of the things or the price we get now (price bitcoin) is the result of an existing situation, if indeed we want to get above $ 700 price bitcoin then we must strive to change the situation becomes more dense and bitcoin is used by everyone
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September 14, 2016, 02:13:44 PM
 #3675

a few day ago I'm buying bitcoin
because the price is down and I want to sell it when price of bitcoin will rise to 650$-700$


To see your target price I think you need to wait longer, it may achieve the price of $650 in coming days but I don't think it will be easy to touch the price of $700 pretty soon.

It also depends on the situation. all of the things or the price we get now (price bitcoin) is the result of an existing situation, if indeed we want to get above $ 700 price bitcoin then we must strive to change the situation becomes more dense and bitcoin is used by everyone

Yeah if we see mass adoption and fresh money coming into bitcoins in coming months then price may even exceed $700 price and if that happens then we may touch $1k at the end of the year.
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September 14, 2016, 02:20:07 PM
 #3676

a few day ago I'm buying bitcoin
because the price is down and I want to sell it when price of bitcoin will rise to 650$-700$


To see your target price I think you need to wait longer, it may achieve the price of $650 in coming days but I don't think it will be easy to touch the price of $700 pretty soon.

It also depends on the situation. all of the things or the price we get now (price bitcoin) is the result of an existing situation, if indeed we want to get above $ 700 price bitcoin then we must strive to change the situation becomes more dense and bitcoin is used by everyone

Yeah if we see mass adoption and fresh money coming into bitcoins in coming months then price may even exceed $700 price and if that happens then we may touch $1k at the end of the year.
I am very optimistic we can reach that amount and for sure we can do that this November if the price will continue to increase, I hope I do not sound unrealistic here but that is my prediction, besides bitcoin is full of surprises, who knows, right?

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September 14, 2016, 02:20:25 PM
 #3677

No, buying bitcoin is currently not in my option. I would rather earn Btc rather than buying one. Because I consider the danger of buying btc with fiat as a risky thing. As cyrptocurrency price changes quickly compared to fiat money. Like when I buy BTC with a higher USD price and spending more. I could have save money from buying it at a cheaper price. So it is better safe than sorry for me.

It is just the same to me. If you are earning bitcoin, then you are just investing your time in it. If you buy, you invest your money. Both are important. It is true that bitcoin prices fluctuate and that you can buy at a lower or higher price, but if you are for bitcoin investment, then the price now does not matter because in the future it can be higher. But if for spending, then it is important to buy on dips.
but i think the bitcoin price play important role, if you are buying bitcoin in a low price then you can make a good profit and will not be so worry about your investment but if you are going to buy bitcoin in a high price then you can make a little profit from it and is also too much risky to buy bitcoin in high price.
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September 14, 2016, 02:30:57 PM
 #3678

No, buying bitcoin is currently not in my option. I would rather earn Btc rather than buying one. Because I consider the danger of buying btc with fiat as a risky thing. As cyrptocurrency price changes quickly compared to fiat money. Like when I buy BTC with a higher USD price and spending more. I could have save money from buying it at a cheaper price. So it is better safe than sorry for me.

It is just the same to me. If you are earning bitcoin, then you are just investing your time in it. If you buy, you invest your money. Both are important. It is true that bitcoin prices fluctuate and that you can buy at a lower or higher price, but if you are for bitcoin investment, then the price now does not matter because in the future it can be higher. But if for spending, then it is important to buy on dips.
but i think the bitcoin price play important role, if you are buying bitcoin in a low price then you can make a good profit and will not be so worry about your investment but if you are going to buy bitcoin in a high price then you can make a little profit from it and is also too much risky to buy bitcoin in high price.

Can you tell us what is the high and low price in bitcoin? At a moment price is $612 so shall we consider it as high price or low price? If you want to hold if for a long term then any price is a good price to buy.
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September 14, 2016, 02:40:56 PM
 #3679

Yes I'm buying bitcoins because its nice to have some, I think the bitcoin is a very good investment, its profitable buy you can also pay with it.
Right now its two things in one and that is just so nice..
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September 14, 2016, 02:50:48 PM
 #3680

Yes I'm buying bitcoins because its nice to have some, I think the bitcoin is a very good investment, its profitable buy you can also pay with it.
Right now its two things in one and that is just so nice..

To have some bitcoin its nice and its a good investment but do not let it blind yourself because its stays pretty sick if you are asking me.
You can still lose money at the bitcoin its stays risky so never invest too much.

I'm buying the bitcoin because its profitable and its a digital currency.
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