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Author Topic: why do you buy bitcoins?  (Read 8405 times)
mrhelpful
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May 17, 2016, 07:33:51 PM
 #141

I only buy bitcoins to trade.

Most of the remaining coins I have is stored on a my wallet and thinking of getting into the coldwallet hardware scenario.

But thats if I hold like 10-20 btc or more.
Haswell
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May 17, 2016, 07:55:58 PM
 #142

I buy bitcoin to use as a currency.

toy4lov3rs
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May 17, 2016, 10:00:19 PM
 #143

I buy bitcoin to use as a currency.


Its good that you are using it as a currency but you should also use it as an investment for future, as it is expected that price would be higher in future giving best returns.
Ailmand
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May 28, 2016, 10:52:43 AM
 #144

I buy bitcoin to use as a currency.


Its good that you are using it as a currency but you should also use it as an investment for future, as it is expected that price would be higher in future giving best returns.

I use it for both. I hold most of my bitcoin for the long term investment. I also use it to buy many things.

martinacar
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June 22, 2016, 02:47:21 PM
 #145

I buy bitcoin to use as a currency.


Its good that you are using it as a currency but you should also use it as an investment for future, as it is expected that price would be higher in future giving best returns.

I use it for both. I hold most of my bitcoin for the long term investment. I also use it to buy many things.
I buy Bitcoin because it allows me to make more money with them and at the same time it helps me save money.
I buy sometimes buy coins and then I am holding for a bit after that I am selling.
oblivi
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June 22, 2016, 04:22:06 PM
 #146

Because governments all over the world are going to remove physical cash from citizens therefore ways to have financial privacy. This puts Bitcoin into a potential quadrillion dollar marketcap.
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June 22, 2016, 07:03:34 PM
 #147

a lot of fans said that they would buy bitcoin always, no matter what the price is.

as far as I know, most people buy bitcoin is to sell them, for another fiat, or for moving to another area.

expect day trader who do trading bitcoin is to make a profit that just like other forex or stock, why do you buy bitcoin, if you are not a crazy fans?>?

I have 2 main reasons why i buy them, first might be a little bit strange, but i just like to have some bitcoins so that is why i buy them sometimes

And sometimes i buy them to earn more, like i buu them while their price is very low so i buy bitcoins and sell them later actually

 
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groll
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June 24, 2016, 08:58:24 AM
 #148

I buy some bitcoins because I believe that it is a good thing to invest.  It has its reputation already and many people are enjoying the benefits of investing.  It is the leading cryptocurrency right now.  Plus, I have friends who are playing and investing bitcoins so I buy some to trade for my paypal account. Wink
fkvidar
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June 24, 2016, 09:05:57 AM
 #149

I buy some bitcoins because I believe that it is a good thing to invest.  It has its reputation already and many people are enjoying the benefits of investing.  It is the leading cryptocurrency right now.  Plus, I have friends who are playing and investing bitcoins so I buy some to trade for my paypal account. Wink

Everyone is buying bitcoin as an investment as everyone has a feeling that the price of bitcoin will be lot higher in future providing best returns on investments.
dothebeats
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June 24, 2016, 10:47:54 AM
 #150

I buy bitcoins for a profit, and sometimes for buying steam games (and other online in-game currencies which supports payment via bitcoin). Almost all of us here buy btc hoping for a price increase and sell for a profit. Only a few here collects bitcoin for research and academic purposes.
naidray
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June 24, 2016, 05:52:47 PM
 #151

I buy some bitcoins because I believe that it is a good thing to invest.  It has its reputation already and many people are enjoying the benefits of investing.  It is the leading cryptocurrency right now.  Plus, I have friends who are playing and investing bitcoins so I buy some to trade for my paypal account. Wink

Everyone is buying bitcoin as an investment as everyone has a feeling that the price of bitcoin will be lot higher in future providing best returns on investments.
There's no assurity of bitcoin's price. As many said earlier that the price would reach $1000, the price rose to $790 and then dropped even faster than it rose. In 3 days, we were in a loss of $230 which is a huge loss for most traders and even I had a loss of $74. It can no longer be considered as a good investment if you aren't getting sellers/buyers instantly.
SquallLeonhart
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June 24, 2016, 06:09:18 PM
 #152

I buy some bitcoins because I believe that it is a good thing to invest.  It has its reputation already and many people are enjoying the benefits of investing.  It is the leading cryptocurrency right now.  Plus, I have friends who are playing and investing bitcoins so I buy some to trade for my paypal account. Wink

Everyone is buying bitcoin as an investment as everyone has a feeling that the price of bitcoin will be lot higher in future providing best returns on investments.
There's no assurity of bitcoin's price. As many said earlier that the price would reach $1000, the price rose to $790 and then dropped even faster than it rose. In 3 days, we were in a loss of $230 which is a huge loss for most traders and even I had a loss of $74. It can no longer be considered as a good investment if you aren't getting sellers/buyers instantly.

It is a very  good investment if you can afford to hold it for next 10 years, do not concentrate  on short pumps and dumps as it will never give you huge profits that you are looking for.
Bestwishes745
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June 24, 2016, 06:35:50 PM
 #153

I buy bitcoin to use as a currency.


Its good that you are using it as a currency but you should also use it as an investment for future, as it is expected that price would be higher in future giving best returns.

I use it for both. I hold most of my bitcoin for the long term investment. I also use it to buy many things.

I am also using it for both , as an investment bitcoin is giving me profit and I use some part of that profit for buying things which i need and for other expenditures.
Kevin77
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June 26, 2016, 08:35:30 PM
 #154

I buy bitcoin to use as a currency.


Its good that you are using it as a currency but you should also use it as an investment for future, as it is expected that price would be higher in future giving best returns.
Yes, it is true that as an investment bitcoin is giving us good benefits for our future we have to use it as investment but only online as investment as if we want to give strength to that currency we have to use it as a normal currency so that it become a global currency in the future not an asset.
DashCoinDark
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June 26, 2016, 09:16:24 PM
 #155

I buy bitcoin to use as a currency.


Its good that you are using it as a currency but you should also use it as an investment for future, as it is expected that price would be higher in future giving best returns.

I use it for both. I hold most of my bitcoin for the long term investment. I also use it to buy many things.

I am also using it for both , as an investment bitcoin is giving me profit and I use some part of that profit for buying things which i need and for other expenditures.

Buying and holding is my main strategy. Be it now or in the future I see bitcoin rising to a lot of users even companies will use it.
So yes it's a great investment opportunity.
bitlancr
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June 26, 2016, 11:46:28 PM
 #156

I'm buying bitcoins because you can make such nice profits with just holding the bitcoin right now.
Investing is just so good with the bitcoin itself.
sishendaoye
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June 27, 2016, 12:52:49 AM
 #157

The simple answer on this is because you can make some nice profit on the bitcoin itself and also due to the fact it has a great future.
I think it can become the future currency all over the world if it stays growing like this, its getting bigger everyday.
Bitcoinbro
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June 27, 2016, 02:55:27 AM
 #158

Buying bitcoins simply due to the fact its easy to pay with them and you can also make profit with it.
Its for me both reason and that both is possible makes it also so good.
pooya87
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June 27, 2016, 04:47:38 AM
 #159

i buy bitcoin because i am using it mostly as an investment so i buy it while it is cheap in order to make a good profit from the rise.

but also using bitcoin is not free of profits. there are so many benefits in using bitcoin such as the fast and secure transactions that i make with the lowest fees.

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June 27, 2016, 05:30:50 AM
 #160

Do not know before bitcoin, then listen to a friend said, I think it is the development of a large space, so buy some, mainly in order to appreciate.
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