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Author Topic: Why do you buy Bitcoins?  (Read 66620 times)
Daneric
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April 07, 2016, 10:24:02 AM
 #241

I have been buying bitcoin mainly to gamble. I found it very easy to use bitcoin in gambling because of the small units. When fiat is used, you will need bigger amounts to gamble but with bitcoin, you can use a fraction of a cent to gamble and build up your profit.
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quentincole32
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April 07, 2016, 10:33:02 AM
 #242

i dont buy bitcoins,why must buy if you can earn bitcoin from task,signature campaign and other jobs. collect it and sell when price really high,its 100% profit for me,look nice if you have hardwork.

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luciann
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April 07, 2016, 05:23:45 PM
 #243

I only buy bitcoins for one reason and that is profit, I'm buying bitcoins because its profitable and with the halving in our sight its good to buy right now in my opinion.
I think at the end of the year I'm gonna sell my coins and will make a lot of profit because of the halving that has been done by than.

Right now is a little late. 400-410 is a good timing though. That is 9 dollars difference now. If you buy 100 bitcoins that will be 900 dollars and that hurts a little if it goes down. Wait again for the low price and I hope you are not yet late.

I think that metric is wrong lol.

100 bitcoins = 100.0 = $900?

The actual cost for 100 bitcoins is $42,020 if you want to purchase 100 bitcoins.. its funny cause you got the value right..

luciann
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April 07, 2016, 05:28:07 PM
 #244

i dont buy bitcoins,why must buy if you can earn bitcoin from task,signature campaign and other jobs. collect it and sell when price really high,its 100% profit for me,look nice if you have hardwork.

its more of preferred choice really.

Theres others who wouldnt want to waste time then needed, or just go with the route like you mentioned.


spurde
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April 07, 2016, 05:37:03 PM
 #245

Bitcoin is a good investment in the long-run cause there'll ultimately be a fixed quantity of them and the world economy rises hence the bitcoin price will rise. Also there's an opportunity to make short-run profit via trading and such.
Jmild1
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April 07, 2016, 06:06:39 PM
 #246

To profit with it, I buy when it's somehow low and sell when I think I can make profit.
nejibens
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April 08, 2016, 09:30:22 PM
 #247

Buying Bitcoins nowadays could be profitable, as halving is coming soon as known
n0ne
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April 09, 2016, 11:08:21 AM
 #248

Buying Bitcoins nowadays could be profitable, as halving is coming soon as known

Bitcoin buying is profitable for the users who believe bitcoin would give a peak profit after the halving. Who doesn't trust or believe can just wait and buy after the halving.

Monnt
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April 09, 2016, 11:26:22 AM
 #249

Simply because it seems like a good investment. I like to fable in alot of things, like bitgold, Oil, LISK and TRUMPcoin Grin

Bitcoin is the base for many apps nowadays. And that can only mean good things.
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April 09, 2016, 12:14:25 PM
 #250

Buying Bitcoins nowadays could be profitable, as halving is coming soon as known

Bitcoin buying is profitable for the users who believe bitcoin would give a peak profit after the halving. Who doesn't trust or believe can just wait and buy after the halving.
Yeah I agree with you bro. Bitcoin will provide reasonable profit if there is halving. But I heard that there is less chance for halving to occur. What's going to happen none can predict.

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randy8777
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April 09, 2016, 12:27:12 PM
 #251

Buying Bitcoins nowadays could be profitable, as halving is coming soon as known

Bitcoin buying is profitable for the users who believe bitcoin would give a peak profit after the halving. Who doesn't trust or believe can just wait and buy after the halving.

the problem with peaks is that people don't know where the top is. and some even don't know what a peak is. that's why a lot people bought at +$1000 prices back in 2013. they were expecting the price to rise even more while it has gone up from around $200 to over the $1000 price level. these people can be seen as gamblers as they buy without thinking.
Obdity
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April 09, 2016, 12:36:43 PM
 #252

I buy them because I believe I'm still in early.
malphite
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April 09, 2016, 05:22:37 PM
 #253

I buy them because I believe I'm still in early.

I`d like to believe so as well lol.

You may not be as early as back when bitcoin when couple cents, but you already beat 90% of the people in the US or anywhere who doesnt hold bitcoin.
n0ne
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April 09, 2016, 05:45:01 PM
 #254

Buying Bitcoins nowadays could be profitable, as halving is coming soon as known

Bitcoin buying is profitable for the users who believe bitcoin would give a peak profit after the halving. Who doesn't trust or believe can just wait and buy after the halving.

the problem with peaks is that people don't know where the top is. and some even don't know what a peak is. that's why a lot people bought at +$1000 prices back in 2013. they were expecting the price to rise even more while it has gone up from around $200 to over the $1000 price level. these people can be seen as gamblers as they buy without thinking.

What you quoted is right, some really don't know what is a peak in bitcoin. At the same we can't say one who bought at $1000 an unknown. Such persona were the leading hero's of bitcoin at present because they believed even at the peak to go high.

malzahar
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April 09, 2016, 06:22:27 PM
 #255

Simply because it seems like a good investment. I like to fable in alot of things, like bitgold, Oil, LISK and TRUMPcoin Grin

Bitcoin is the base for many apps nowadays. And that can only mean good things.

What the heck is trumpcoin?

Seriously all these altcoin names just makes me laugh at the purpose of any of what they really serve.. and confuse newbies to invest.
Crazygreek
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April 09, 2016, 06:51:18 PM
 #256

I am not buying bitcoins but i did it once for gambling. Wasted everything in 2 days cause i am so unlucky. A lot of people buying bitcoins for gambling i know it.

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April 11, 2016, 08:26:34 AM
 #257

I am not buying bitcoins but i did it once for gambling. Wasted everything in 2 days cause i am so unlucky. A lot of people buying bitcoins for gambling i know it.

Well, that means you enjoyed the game if you gambled even your bought coins. But in the end if you lose you will be stressed out and regret all those money or coins that you have used up and think about what if's.
alisafidel58
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April 11, 2016, 08:33:08 AM
 #258

I am not buying bitcoins but i did it once for gambling. Wasted everything in 2 days cause i am so unlucky. A lot of people buying bitcoins for gambling i know it.


There are people who only buy bitcoin just for gambling purposes only and they enjoy doing that,well some others buy bitcoin because of trading and they profit from it.
Ilikechineseefood
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April 11, 2016, 11:55:51 AM
 #259

People are buying Bitcoins because they want to make some profit later in the future and that can be nice, it will be of course good if there is people that can have some profit with Bitcoin and use it a lot.
People are now also using Bitcoin as their payment method and that is good for the future and Bitcoin.
puremage111
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April 11, 2016, 04:11:20 PM
 #260

To learn someething new, even one day btc just dissapear, at least i learn something Cheesy
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