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Author Topic: Why do you buy Bitcoins?  (Read 66620 times)
lol3c
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January 04, 2017, 08:20:36 AM
 #1041

For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?

For my future savings of course. The most recommend medium of exchange to holding in long term or spend it directly but no need to worry due to the value of bitcoin keep increasing over time. I can saving gold and bitcoin but in the end of the year bitcoin will give more profits for me.
Saving is not the main point of people around here. The profit is the truly main aim for all of us since Bitcoin prices always go up since 2014. I have bought several of Bitcoin when it is only equal to $400 in early 2016 and right now I definitely have some profit because Bitcoin has crossed over $1000.
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January 04, 2017, 09:55:47 AM
 #1042

I buy bitcoins especially when dumps occur specially because of two reason. This is the most common reason I think everyone of us buy bitcoin, and that is for speculation and profit. The second reason is that I want to send money and do business with others online, with the help of bitcoin for it to be easy and safe so I use bitcoin and also I buy some for me to use bitcoin.
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January 04, 2017, 10:09:08 AM
 #1043

This time, I guess apparent why at that time, we have to buy bitcoin. Well, although I do not have time to buy a bitcoin in large numbers, but, this time, I understand why we need to buy bitcoin. for now I have to see the situation first before buying bitcoin, because it could have bitcoin prices climbed back to high.

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January 04, 2017, 10:24:37 AM
 #1044

Why buy bitcoins if you can earn it for free?  If the bitcoin price drop to 200$ again just like last year then i would probably buy some btc and wait for another rally. Or just saying that wait for another halving for price increase.
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January 04, 2017, 11:04:58 AM
 #1045

Why buy bitcoins if you can earn it for free?  If the bitcoin price drop to 200$ again just like last year then i would probably buy some btc and wait for another rally. Or just saying that wait for another halving for price increase.

Good point. The prive of btc right now is too high be thinking about buying. I think the time to buy is past us now as people would be monitoring the price if it's already time to sell their btcs. And another good point is that you can actually just earn btcs at this time while observing bitcoin's price movement.

 
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January 04, 2017, 12:16:32 PM
 #1046

Why buy bitcoins if you can earn it for free?  If the bitcoin price drop to 200$ again just like last year then i would probably buy some btc and wait for another rally. Or just saying that wait for another halving for price increase.
I doubt you will follow to buy even if the price dropped
People will just shocking and leaving when see the price dropped so low like that
Considering now you act like a pussy , want a free money only and gain profit
Forget it , there is no future in someone like you , we need a real supporter.
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January 04, 2017, 01:45:55 PM
 #1047

regardless of whether they could make a profit or not use gambling, but bitcoin can be used for anything, including things that are illegal, and that makes bitcoin specials and have high demand
i agree with your statement regarding with illegal activity since there's a lots of people around the world who intend to hide their illegal transaction bitcoin is helping them and they also helping bitcoin to hype its value so their are chain reaction in every aspect and i love enjoying the hype that's why i also did some bitcoin investment and keep it then wait for a good selling value.
Currently people are using bitcoin as an optional currency, as some people use it for gambling only, while other use it for trading alt coins, some people use it for price increase (as investment).

But we are hopeful that in future bitcoin will be use as fiat currency for buying and shopping even in our local shops like supporting ourselves for day today life. What else reasons we need to buy bitcoins now ?
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January 04, 2017, 10:57:50 PM
 #1048

I buy bitcoins for all kind of things the first reason is because its good for my future because you can get rich because of the bitcoin.
The second reason is due to the thing that the bitcoin is the future of the currency's, the bitcoin is digital and the future is digital.
My last reason is because I want to be a part of the new currency so I'm one of the first with other bitcoin owners that already own the bitcoin so we are already a step further than others in the future.
You can make good money with bitcoin but only if you invest significant amount of money in it, some people think that one day bitcoin will be worth 1k and the next day it will be worth 100k and that is not going to happen, maybe at some point bitcoin will reach that amount but it will be a slow process.

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January 04, 2017, 11:24:02 PM
 #1049

I buy bitcoins for all kind of things the first reason is because its good for my future because you can get rich because of the bitcoin.
The second reason is due to the thing that the bitcoin is the future of the currency's, the bitcoin is digital and the future is digital.
My last reason is because I want to be a part of the new currency so I'm one of the first with other bitcoin owners that already own the bitcoin so we are already a step further than others in the future.
You can make good money with bitcoin but only if you invest significant amount of money in it, some people think that one day bitcoin will be worth 1k and the next day it will be worth 100k and that is not going to happen, maybe at some point bitcoin will reach that amount but it will be a slow process.

Well you cannot expect anything to rise like that over the course of a day. Anything that goes from 1k to 100k is a bubble, and in my opinion this rise in price isn't really a bubble because of how it progress over a couple of months instead of just doubling in price in a day.

Buying bitcoins can be a great turning point in your life. However you really have to judge the prices really well to be able to actually make a profit from trading bitcoin. If you don't you'll lose heavily trading.
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January 05, 2017, 03:31:37 AM
 #1050

I buy bitcoins for all kind of things the first reason is because its good for my future because you can get rich because of the bitcoin.
The second reason is due to the thing that the bitcoin is the future of the currency's, the bitcoin is digital and the future is digital.
My last reason is because I want to be a part of the new currency so I'm one of the first with other bitcoin owners that already own the bitcoin so we are already a step further than others in the future.
You can make good money with bitcoin but only if you invest significant amount of money in it, some people think that one day bitcoin will be worth 1k and the next day it will be worth 100k and that is not going to happen, maybe at some point bitcoin will reach that amount but it will be a slow process.

Well you cannot expect anything to rise like that over the course of a day. Anything that goes from 1k to 100k is a bubble, and in my opinion this rise in price isn't really a bubble because of how it progress over a couple of months instead of just doubling in price in a day.

Buying bitcoins can be a great turning point in your life. However you really have to judge the prices really well to be able to actually make a profit from trading bitcoin. If you don't you'll lose heavily trading.
Therefore we just have to be patience, the price is not a bubble now and that is a result of our continues support. We keep doing it and we shall see that price in the future. It's still early and there's plenty of room to grow for bitcoins.

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January 05, 2017, 03:51:03 AM
 #1051

I buy bitcoins for all kind of things the first reason is because its good for my future because you can get rich because of the bitcoin.
The second reason is due to the thing that the bitcoin is the future of the currency's, the bitcoin is digital and the future is digital.
My last reason is because I want to be a part of the new currency so I'm one of the first with other bitcoin owners that already own the bitcoin so we are already a step further than others in the future.
You can make good money with bitcoin but only if you invest significant amount of money in it, some people think that one day bitcoin will be worth 1k and the next day it will be worth 100k and that is not going to happen, maybe at some point bitcoin will reach that amount but it will be a slow process.

That is indeed not gonna happen, it can rise to a high amount but not just in one day to a insane high number, I also invested in the bitcoin because its just so profitable on  long term but also on a shorter one.
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January 05, 2017, 04:24:34 AM
 #1052

I buy bitcoins for all kind of things the first reason is because its good for my future because you can get rich because of the bitcoin.
The second reason is due to the thing that the bitcoin is the future of the currency's, the bitcoin is digital and the future is digital.
My last reason is because I want to be a part of the new currency so I'm one of the first with other bitcoin owners that already own the bitcoin so we are already a step further than others in the future.
You can make good money with bitcoin but only if you invest significant amount of money in it, some people think that one day bitcoin will be worth 1k and the next day it will be worth 100k and that is not going to happen, maybe at some point bitcoin will reach that amount but it will be a slow process.

That is indeed not gonna happen, it can rise to a high amount but not just in one day to a insane high number, I also invested in the bitcoin because its just so profitable on  long term but also on a shorter one.
I have no doubt that Bitcoin will reach this value someday, but at the moment this is an unrealistic number, indeed.

Bitcoin and its functionalities are gradually attracting the attention of more users, and the growth of the ecosystem becomes faster every day. I think there will come a point that this will make demand grow at a level never before seen, and the result will surely be reflected in the price.
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January 05, 2017, 04:27:21 AM
 #1053

I buy and hold, or buy and spend them at wherever accepts bitcoin. It has less to do with making a profit and more to do with simply supporting bitcoin.
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January 05, 2017, 04:29:49 AM
 #1054

I buy bitcoins for all kind of things the first reason is because its good for my future because you can get rich because of the bitcoin.
The second reason is due to the thing that the bitcoin is the future of the currency's, the bitcoin is digital and the future is digital.
My last reason is because I want to be a part of the new currency so I'm one of the first with other bitcoin owners that already own the bitcoin so we are already a step further than others in the future.
You can make good money with bitcoin but only if you invest significant amount of money in it, some people think that one day bitcoin will be worth 1k and the next day it will be worth 100k and that is not going to happen, maybe at some point bitcoin will reach that amount but it will be a slow process.

Yes it is not possible in one day to reach 1000$,nearly it took around 3 years to reach 1000$.Bitcoin is not an short term investment you need to spend some money on it and you have to leave it that for 5 years, are else you can take marginal profits when ever bitcoin price increases by not selling your main investment.
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January 05, 2017, 04:44:18 AM
 #1055

I buy bitcoin because of the reason that i know someday the amount that i used to buy Bitcoin will double or triple like today. I bought my Bitcoin way back when the price is still 600$ now price is 1100$ and i really did profit with it. So now i will just keep again my remaining Bitcoin and hopefully that someday again price will go up so i could sell it with more profit again.
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January 05, 2017, 06:54:50 AM
 #1056

For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?

I would buy bitcoins to hold them and wait for the price increase.

After the price is above 1100 USD i`m too afraid to buy ,so i will wait.

I`ve never used btc to buy from the dark web or from purse.io.I`m afraid of  the scammers.

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January 05, 2017, 04:47:41 PM
 #1057

I buy bitcoin because of the reason that i know someday the amount that i used to buy Bitcoin will double or triple like today. I bought my Bitcoin way back when the price is still 600$ now price is 1100$ and i really did profit with it. So now i will just keep again my remaining Bitcoin and hopefully that someday again price will go up so i could sell it with more profit again.
Yeah I’m also in bitcoin for the long run, since I’m not a trader there is no point for me to try to earn money by trying to time my exit strategy since I have no way to know when the price has reached its peak.

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FaucetRank.com
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January 05, 2017, 05:10:54 PM
 #1058

I buy Bitcoin just to run my Bitcoin faucet website which is giving me constant income though it not that much income but still it is source of income so mostly I spend my Bitcoin for free satoshi give away.

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January 05, 2017, 09:46:57 PM
 #1059

I buy Bitcoin just to run my Bitcoin faucet website which is giving me constant income though it not that much income but still it is source of income so mostly I spend my Bitcoin for free satoshi give away.
There are many reasons why you should buy bitcoin, first of all is of course the price, for the past year’s bitcoin has shown how much it can grow in a short amount of time compared to anything on the market, and the fact that we are going toward a cashless society makes bitcoin as gold mine.

If we fail to buy and save bitcoins that might lead to our life affecting big mistake in very near future itself.
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January 05, 2017, 11:14:21 PM
 #1060

I buy Bitcoin just to run my Bitcoin faucet website which is giving me constant income though it not that much income but still it is source of income so mostly I spend my Bitcoin for free satoshi give away.
If you have ads on your faucet from google then it is ok. But it will be more beneficial that you add advertising banners from those ad networks which will pay you in bitcoin so you will promote the supporters of bitcoin and with that you will not need to pay exchange fees each time.
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