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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 59045 times)
richmcrich
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March 25, 2016, 07:21:18 AM
 #501

As an investment and holding it for a price rise, I see the current bitcoin is in road for a further "it's going up" kind of movement, It's a very decent investment and can be relatively profitable plus is just as easy as buying one or two BTC's.
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n0ne
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March 25, 2016, 09:56:30 AM
 #502

Having Bitcoin as a saving or investment is always better than having physical cash investment. The major reason for this is the increasing price of bitcoin which is not felt with our local currencies.

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March 25, 2016, 10:06:14 AM
 #503

Having Bitcoin as a saving or investment is always better than having physical cash investment. The major reason for this is the increasing price of bitcoin which is not felt with our local currencies.


Yes it is really better for bitcoin users to save or invest bitcoin for their future,bitcoin is not becoming well known around the world compared to years past.
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March 25, 2016, 10:14:07 AM
 #504

I use btc to buy something here and I also get btc from selling here.So btc a amazing currency  Grin
btvGainer
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March 25, 2016, 10:21:56 AM
 #505

I hate credit cards and PayPal.Being in online business for years I have always been looking for alternative to these two.Bitcoin came to me as a boon it made my online life easier to some extent.Sad it is not mainstream and accepted by limited number of merchants and individuals.Hope soon it become mainstream
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March 25, 2016, 12:00:00 PM
 #506

I use btc to buy something here and I also get btc from selling here.So btc a amazing currency  Grin

Yeah i agree with you, bitcoin is amazing currency. That's why i always have and using bitcoin for payment. I use it for gambling, paying my electric bill every week and pay my internet bill.
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March 25, 2016, 12:11:52 PM
 #507

Yep, it is going upppp, that's why. And also because of FOMO, you are right. Bitcoin is too great to be missed out IMO. I suggest everybody to have at least a small part of it.

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March 25, 2016, 12:37:07 PM
 #508

I can't just choose one reason for using bitcoin. it is easier to say why not use bitcoin Cheesy
the price is good and going up, besides there is a market that I can trade bitcoin and also there are countless altcoins that I can trade to make more money : so all money making purposes
bitcoin is easy to use without BS of banks or payment processors
it is cheaper to use bitcoin instead of fiat to send money to my local friend or foreign friends.
also it is fastest way possible to make a transaction.
...

Only Bitcoin
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March 25, 2016, 12:41:19 PM
 #509

Yep, it is going upppp, that's why. And also because of FOMO, you are right. Bitcoin is too great to be missed out IMO. I suggest everybody to have at least a small part of it.


I think everyone here has bitcoin that they can just by posting, bitcoin is really the invention of the 20th century and should be used by all people.
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March 25, 2016, 01:39:54 PM
 #510

I have bitcoin because it is convenient to send and receive bitcoins. Anybody can use bitcoin because it requires no registration at all, and it's so easy to use.
yeah it also makes it easier to send money to my relatives who are abroad. usually we use western union and it was very expensive. bitcoin very helpful and very cheap

KennyR
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March 25, 2016, 05:22:23 PM
 #511

I have bitcoin because it is convenient to send and receive bitcoins. Anybody can use bitcoin because it requires no registration at all, and it's so easy to use.
yeah it also makes it easier to send money to my relatives who are abroad. usually we use western union and it was very expensive. bitcoin very helpful and very cheap

At present just using as a transaction medium is not fair. Once the person who receive the bitcoin needs to change the bitcoin to local currency for regular use.

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Kevin77
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March 25, 2016, 07:23:55 PM
 #512

Having Bitcoin as a saving or investment is always better than having physical cash investment. The major reason for this is the increasing price of bitcoin which is not felt with our local currencies.
Local currencies are government regulated and hence we cannot see such price fluctuations. Bitcoins are quite similar to investments like the stock market and even property investments which are both risky and beneficial. With bitcoins, it's not physical currency that we own unlike the other two investments and hence even I haven't investment over 10% of my income in bitcoins.
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March 25, 2016, 08:11:18 PM
 #513

The only reason i have bitcoins is because i am a gambling addict and really like gambling with bitcoiin, especially on sportsbook. So i need to buy bitcoin every week for gambling.
Bitcoin well supports gambling industry just to because of it features like anonymous and instant fast transactions. Many gamblers have already switched over to bitcoin payment for their gambling purpose. Interestingly bitcoin is more flexible for gambling and any other industry too.

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blackmachinegun
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March 26, 2016, 01:25:41 AM
 #514

I have bitcoin because it is convenient to send and receive bitcoins. Anybody can use bitcoin because it requires no registration at all, and it's so easy to use.
Agree bitcoin very easy to use it seems we have to tell people who have said that using bitcoin is a difficult thing. we have to prove to them that it is very easy to use bitcoin.
you can do your bitcoin transactions outside or inside the country very easily
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March 26, 2016, 04:33:26 PM
 #515

I have been collected bitcoin for my future because more people saying that the price will inrease after halving and the future. so i am still looking for other source of bitcoin to earn.. or if the price will decrease until 360 maybe i will buy some bitcoin and hold it for a long time and sell it when the price is high..


If you believe that bitcoin's price would have a high price in the future, you can keep your coins... but, think of some ways to utilize your coins than keeping it idle..
People have Bitcoin because they want to make some profit later and that will be very good. I hope that more people will have some Bitcoin.
And that people can also make Bitcoin more popular and that is quite good, but you never know what will happen with the value.
To make bitcoin more popular we could introduce others to let them know what is bitcoin, bitcoin akrena in my opinion is still not widely known. If bitcoin is widely known I'm sure it would grow and more people are using bitcoin so that we will feel the benefits.
You are right. Spreading bitcoin to the rest of the world is their own responsibility for every bitcoiners. I guess many people are having some bitcoins just to spread it among new people.
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March 27, 2016, 06:57:21 PM
 #516

I have been collected bitcoin for my future because more people saying that the price will inrease after halving and the future. so i am still looking for other source of bitcoin to earn.. or if the price will decrease until 360 maybe i will buy some bitcoin and hold it for a long time and sell it when the price is high..


If you believe that bitcoin's price would have a high price in the future, you can keep your coins... but, think of some ways to utilize your coins than keeping it idle..
People have Bitcoin because they want to make some profit later and that will be very good. I hope that more people will have some Bitcoin.
And that people can also make Bitcoin more popular and that is quite good, but you never know what will happen with the value.
Possibilities for the problem you are stating to happen is only 1%. But the chances for bitcoin boom and giving more profit to it's investors are very high. Obviously many people are having bitcoin just to make profit with it. Many people can not be wrong at the same time.
You are right. When mass amount of people are doing one thing that can not go wrong by any means. It is equivalent to the republic. The decision is given to majority of the people and they will choose the right one. So, many people are willing for bigger bitcoin price and having it.

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March 28, 2016, 01:59:43 AM
 #517

Having Bitcoin as a saving or investment is always better than having physical cash investment. The major reason for this is the increasing price of bitcoin which is not felt with our local currencies.

of course bitcoin is good wy to saving money and invest it in 1 place. im buying bitcoin each month if i have free money to save it.
today  i withdraw 0.279 to pay monthly cost
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March 28, 2016, 03:28:25 AM
 #518

Having Bitcoin as a saving or investment is always better than having physical cash investment. The major reason for this is the increasing price of bitcoin which is not felt with our local currencies.

of course bitcoin is good wy to saving money and invest it in 1 place. im buying bitcoin each month if i have free money to save it.
today  i withdraw 0.279 to pay monthly cost


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.
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March 28, 2016, 03:35:52 AM
 #519

Having Bitcoin as a saving or investment is always better than having physical cash investment. The major reason for this is the increasing price of bitcoin which is not felt with our local currencies.

of course bitcoin is good wy to saving money and invest it in 1 place. im buying bitcoin each month if i have free money to save it.
today  i withdraw 0.279 to pay monthly cost
I also do it Cheesy buy with my salary jobs in the month. then sell when prices rise or 1 month later. such as short-term investments. very profitable for me

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March 28, 2016, 03:46:47 AM
 #520

I mainly intend to use bitcoin as a currency.
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