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Question: Why do you have Bitcoin?
It is going upppp - 113 (36.9%)
Buying drugs - 4 (1.3%)
Buying other things/Using as Currency - 90 (29.4%)
FOMO - 15 (4.9%)
Gambling - 16 (5.2%)
Fuck the banks - 68 (22.2%)
Total Voters: 306

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Author Topic: Why do you have Bitcoin?  (Read 59054 times)
harizen
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February 03, 2016, 09:45:49 AM
 #101

It seems like not many people like banks nowadays, maybe a little more bail-in and bail-out will make you like them, or not  Tongue

Bitcoin on the other hand will grow nicely.


Yeah bitcoin is good way to grow in investment side and make profit. Bitcoin have scopes like signature campaign, trading, lending loan, gambling and etc Bank is giving interest but they will crash our money by hidden charges and fees. So bitcoin is good best among others.

Look like your banks there are really dumb.

Happily our banks here are not like that so I can enjoy the benefits of banks while at same time by using bitcoin all the time.

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wafersticks09
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February 03, 2016, 12:29:13 PM
 #102

To have a money of course. Thats the main reason why people have bitcoin. Me and others expect to made a profit by way of bitcoin.

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February 03, 2016, 12:46:53 PM
 #103

Because it's easier and more comfortable to do online transactions "legal ones for me" than competitors like PayPal, CC are out of the question IMO since they can barely be called safe.
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February 03, 2016, 10:42:03 PM
 #104

I choose it is going up
ajareselde
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February 03, 2016, 10:45:49 PM
 #105

Currently using it to buy stuffs online and whatnot. Also saving a bunch just in case. For the past years, it has been an excellent store of value (or investment) at least on my case.

I agree with the most part, especially the store of value factor. This is the most important feature that will by my estimate drive the price straight up
one day when people realize it's potential.
The question i would like to know even more than this one is ; why do some people don't have any bitcoins ?!  Undecided
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February 03, 2016, 11:48:05 PM
 #106

I bought for a price increase, but honestly I feel this day the possibility to use it is growing.
Buying goods is the main reason why i buy bitcoin.
commandrix
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February 04, 2016, 12:13:56 AM
 #107

I think it's interesting to have around as a currency. I've bought some things with it, and my next likely move is to use it to fund part or all of a trip to Washington, D.C.
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February 04, 2016, 12:29:04 AM
 #108

I basically have bitcoin because I entered it as a new mean to earn income. Then (from reading this forum mostly) I got the idea that it can go really high, so I began to store it instead of exchanging for fiat.

angaper
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February 04, 2016, 12:34:20 AM
 #109

Just as an interesting way to diversify my investments. I think bitcoins is a risky investment because we don't know what the future holds, especially talking about technological developments, but I think it is worth the risks because according to most popular predictions I have a lot to gain and little to lose.  Grin
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February 04, 2016, 12:58:43 AM
 #110

 i don't know why i have bitcoin but it make me happy when i sell it to be a money
jakelyson
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February 04, 2016, 03:34:26 AM
 #111

Bitcoin is an extra income and an investment for me. The bitcoins I earn, I divide into two. The first have for immediate expenses and the other half keep for future use. It will be used when the bitcoin reaches a high exchange amount.
Ryananda
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February 04, 2016, 03:44:38 AM
 #112

I'm using bitcoin to collect and trade them for money. Maybe sometimes used to buying online.
Well maybe the point I collect bitcoin for gains.
btccashacc
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February 04, 2016, 03:48:59 AM
 #113

for investment long term or short term, trading and as payment processor , yeah bitcoin is the simplest, easiest means of paying for things online,
diegz
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February 04, 2016, 07:35:39 AM
 #114

Seriously? I am collecting bitcoin to have something to spend in school..  Smiley I have no other source and I have no skills really related to computer... but I am not spending everything that i got, I am saving some of it,  Wink

Watercooler
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February 04, 2016, 08:46:24 AM
 #115

I'm having / collecting Bitcoins as a long term investment, hopefully the prices will go up  Grin


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poplolnman
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February 04, 2016, 10:55:07 AM
 #116

I have my bitcoin for the profit you can make with it, it may be a long term investment but its all worth the time. The bitcoin will rise to a certain amount so I can say I made a lot of money by selling my bitcoins.

I think stored only small amount bitcoin is not worth as investment. Let's say you put 10 bitcoin now worth $3700 and you sell it later in 2 years worth $4500 , so you gain profit only $800 in 2 years? Imagine if you make that $4500 as a capital to build a coffee shop for example , you might gain 10x profit than invest it on bitcoin.

I'm in 400,000 euros debt , dont help me , i rather die
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February 04, 2016, 11:39:57 AM
 #117

I have my bitcoin for the profit you can make with it, it may be a long term investment but its all worth the time. The bitcoin will rise to a certain amount so I can say I made a lot of money by selling my bitcoins.

I think stored only small amount bitcoin is not worth as investment. Let's say you put 10 bitcoin now worth $3700 and you sell it later in 2 years worth $4500 , so you gain profit only $800 in 2 years? Imagine if you make that $4500 as a capital to build a coffee shop for example , you might gain 10x profit than invest it on bitcoin.


Yes you are right here "at some point". That's why in my case rather than waiting for the next big price increase, Im making profit when the price suffers ups and dip. Just in case there's a "sudden" rise, I have some set of plans ready for execution.

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February 04, 2016, 11:45:45 AM
 #118

I use bitcoin so I can trade altcoins just like what most are doing in trading ETH, DOGE or DASH.

kevin go
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February 04, 2016, 11:53:59 AM
 #119

I use bitcoin so I can trade altcoins just like what most are doing in trading ETH, DOGE or DASH.

yeah i got more interesting in altcoin too..more porfit than trading in btc
anyway which altcoin you mostly trading in?i think doge is nice..
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February 04, 2016, 12:16:40 PM
 #120

I use bitcoin so I can trade altcoins just like what most are doing in trading ETH, DOGE or DASH.

yeah i got more interesting in altcoin too..more porfit than trading in btc
anyway which altcoin you mostly trading in?i think doge is nice..
in fact you can trade usd/altcoins in many exchanges provided this option, so you do not need bitcoin to trade altcoins
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