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Author Topic: Are you buying bitcoins? Why?  (Read 307701 times)
mirakal
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September 26, 2016, 07:16:09 AM
 #3901

It's a relatively new currency, with several advantages in relation to fiat currency,
as fast and safe transactions, so  I consider a good investment.
I think if you think that bitcoin has advantages such as fast transaction and a small fee. I can guess that you're using bitcoin as the eyes of your money?
i would definitely use it if there were more shops around though right now there are none of them
Yes you are right there are not many stores who accept bitcoin as payment method, include on my area but i have started promotion if there were people who will shopping on my store, they could made payment using bitcoin although it was still hard until they become understood about it.

Thats cool. What are you selling and where? Perhaps you should at least promote it here while you are posting also. It would be a lot of help for people to know that bitcoin exist. When they see someone buying at you and paying in a different way then they might ask about it.
With your actions, you are making a great contribution to the society, you are promoting bitcoin and every person you will influence to adopt would be a great help to achieve massive adoption in the future, time will come they will fully comprehend that is when we are going to be big.

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September 26, 2016, 09:44:05 AM
 #3902

because bitcoin is a potential for a ride, and is very well used to invest ..  Grin

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terman45x
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September 26, 2016, 09:50:46 AM
 #3903

It's a relatively new currency, with several advantages in relation to fiat currency,
as fast and safe transactions, so  I consider a good investment.
I think if you think that bitcoin has advantages such as fast transaction and a small fee. I can guess that you're using bitcoin as the eyes of your money?
i would definitely use it if there were more shops around though right now there are none of them
Yes you are right there are not many stores who accept bitcoin as payment method, include on my area but i have started promotion if there were people who will shopping on my store, they could made payment using bitcoin although it was still hard until they become understood about it.

Thats cool. What are you selling and where? Perhaps you should at least promote it here while you are posting also. It would be a lot of help for people to know that bitcoin exist. When they see someone buying at you and paying in a different way then they might ask about it.
With your actions, you are making a great contribution to the society, you are promoting bitcoin and every person you will influence to adopt would be a great help to achieve massive adoption in the future, time will come they will fully comprehend that is when we are going to be big.

Yeah and I think every user should give his best efforts in recommending and promoting bitcoins to the people around them, and who knows we may find major growth in adoption level in coming years.
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September 26, 2016, 09:57:15 AM
 #3904

because bitcoin is a potential for a ride, and is very well used to invest ..  Grin
this is the most common reason of why people buy bitcoins..
first. they want to use it as investment. 2nd they just get enter into it because bitcoin is very safe and easy to use.
I myself use bitcoin as a source of income.. it is good source of earn some money for free.
SquallLeonhart
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September 26, 2016, 10:09:38 AM
 #3905

because bitcoin is a potential for a ride, and is very well used to invest ..  Grin
this is the most common reason of why people buy bitcoins..
first. they want to use it as investment. 2nd they just get enter into it because bitcoin is very safe and easy to use.
I myself use bitcoin as a source of income.. it is good source of earn some money for free.

Exactly, we can earn them for free without making an investment, so a person who cannot afford to put his real money in buying them always have an option to carry bitcoins in his wallet.
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September 26, 2016, 11:04:29 AM
 #3906



Exactly, we can earn them for free without making an investment, so a person who cannot afford to put his real money in buying them always have an option to carry bitcoins in his wallet.

We doesn't really need our real money to be able to buy bitcoin.

In my experience, I just started doing some bitcoin earnings thru various ways. When I reached a decent capital to start off, I began studying the art of trading and used all my bitcoin earnings to start. And that's it, I can able to buy and sell now.

If we are serious in this kind of investment, we can make it to the end without harming our own pocket money.

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gerXhonza
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September 26, 2016, 11:07:26 AM
 #3907



Exactly, we can earn them for free without making an investment, so a person who cannot afford to put his real money in buying them always have an option to carry bitcoins in his wallet.

We doesn't really need our real money to be able to buy bitcoin.

In my experience, I just started doing some bitcoin earnings thru various ways. When I reached a decent capital to start off, I began studying the art of trading and used all my bitcoin earnings to start. And that's it, I can able to buy and sell now.

If we are serious in this kind of investment, we can make it to the end without harming our own pocket money.

Yeah even I never bought any amount of coins in the past, I started earning them with signature campaign and selling services and once I had enough savings, I invested a part of it in trading.
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September 26, 2016, 11:48:17 AM
 #3908

No I am not buying at a moment, as current price is bit high for me, so I am waiting to see if price drops in next few days and will prefer to buy only if goes below $600 level.
Wow same i am not buying bitcoins too because the current price of bitcoin is pretty high im waiting for the price increase before im going to buy some bitcoin and hold it or stock it on exchange website waiting for the price decrease so we can buy lots of bitcoins there too and trade into another currency
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September 26, 2016, 11:51:45 AM
 #3909

No I am not buying at a moment, as current price is bit high for me, so I am waiting to see if price drops in next few days and will prefer to buy only if goes below $600 level.
Wow same i am not buying bitcoins too because the current price of bitcoin is pretty high im waiting for the price increase before im going to buy some bitcoin and hold it or stock it on exchange website waiting for the price decrease so we can buy lots of bitcoins there too and trade into another currency

Many users will find current price as bit high to buy bitcoins, so its better to sit quiet and look at the price movement and if it falls to $570 or $580 level then that would be the best price to buy bitcoins.
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September 26, 2016, 11:53:50 AM
 #3910

No I am not buying at a moment, as current price is bit high for me, so I am waiting to see if price drops in next few days and will prefer to buy only if goes below $600 level.
Wow same i am not buying bitcoins too because the current price of bitcoin is pretty high im waiting for the price increase before im going to buy some bitcoin and hold it or stock it on exchange website waiting for the price decrease so we can buy lots of bitcoins there too and trade into another currency
I do not think bitcoin price will goes back at below $550 that is why you are waiting for nothing if you do not invest at $600 dollar, most of the users start to have more investment because they know that the current price is good enough to invest.
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September 26, 2016, 12:40:26 PM
 #3911

No I am not buying at a moment, as current price is bit high for me, so I am waiting to see if price drops in next few days and will prefer to buy only if goes below $600 level.
Wow same i am not buying bitcoins too because the current price of bitcoin is pretty high im waiting for the price increase before im going to buy some bitcoin and hold it or stock it on exchange website waiting for the price decrease so we can buy lots of bitcoins there too and trade into another currency
I do not think bitcoin price will goes back at below $550 that is why you are waiting for nothing if you do not invest at $600 dollar, most of the users start to have more investment because they know that the current price is good enough to invest.

If you are a long term holder then I think this is the good price to make an investment in bitcoins as everyone have a feeling that price will rise at the end of the year, and if that happens then we can make good profits by then.
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September 26, 2016, 12:45:27 PM
 #3912

because bitcoin provides an advantage for me
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September 26, 2016, 01:57:08 PM
 #3913

It's a relatively new currency, with several advantages in relation to fiat currency,
as fast and safe transactions, so  I consider a good investment.

We can't actually rely just based on its advantages over fiat.
They are not enough of a factor to be said as a good investment.
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September 26, 2016, 01:59:29 PM
 #3914

It's a relatively new currency, with several advantages in relation to fiat currency,
as fast and safe transactions, so  I consider a good investment.

We can't actually rely just based on its advantages over fiat.
They are not enough of a factor to be said as a good investment.

And if we compare the advantages then I think fiat will be holding upper hand on bitcoins at a moment as fiat is more popular and almost all are using it and also it is widely accepted as a mode of payment.
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September 26, 2016, 02:19:47 PM
 #3915

If you are a long term holder then I think this is the good price to make an investment in bitcoins as everyone have a feeling that price will rise at the end of the year, and if that happens then we can make good profits by then.

It is not yet considered long term if you are just gonna hold until the end of the year. It is just short term. If you will hold for 5 years, then it is long term. But I do not think it is a good idea to hold for 5 long years. It is better to take advantage of its volatility and earn when price is high and buy when it is low.
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September 26, 2016, 02:22:52 PM
 #3916

If you are a long term holder then I think this is the good price to make an investment in bitcoins as everyone have a feeling that price will rise at the end of the year, and if that happens then we can make good profits by then.

It is not yet considered long term if you are just gonna hold until the end of the year. It is just short term. If you will hold for 5 years, then it is long term. But I do not think it is a good idea to hold for 5 long years. It is better to take advantage of its volatility and earn when price is high and buy when it is low.

Yes holding that long can be risky as we never know what will be the position of bitcoin after 5 years, so best option is to sell them when price climbs and buy it again when price drops.

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September 26, 2016, 02:38:31 PM
 #3917

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

I buy them to spend them, i don't buy anything in ebay foo long time now, since i buy what i need using bitcoins(games, watches, clothes and so on)

 
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stromma44
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September 26, 2016, 02:41:44 PM
 #3918

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

I buy them to spend them, i don't buy anything in ebay foo long time now, since i buy what i need using bitcoins(games, watches, clothes and so on)

Can you tell me which is the best site to buy clothes using bitcoins as I didn't find any reliable site to buy them if I can find one then I would surely to buy clothes using bitcoins.
mace15
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September 26, 2016, 02:45:26 PM
 #3919

Yes Ive been buying bitcoins. For the reason:
• Im keeping it in my wallet- if btc price will pump up
im converting it into our currency.
• Trading cryptocurrency- im buying bitcoins to trade cryptocurrency.
eshaal.khan
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September 26, 2016, 02:53:34 PM
 #3920

Hey every body i am new user here some body here to explain me about bitcoin and how can i use this .
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