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Author Topic: Why do you buy Bitcoins?  (Read 66709 times)
michietn94
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April 11, 2016, 04:16:19 PM
 #261

I spend 15% of my montly salary to invest into bitcoin since their value quite high recently.
My uncle also trade bitcoin & altcoin, ETH , he made 1 btc profit in 1 weeks that mean bitcoin circular transaction will keep grow and shine in the future

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arbitrage
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April 11, 2016, 04:36:33 PM
 #262

How many people are there actually true believers in bitcoin as revolutionary new idea, and how many of them
 are greedy investors like myself? This can tell you future of this project, i believe. Roll Eyes
bakingbad
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April 11, 2016, 05:15:28 PM
 #263

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 buy them usually when i want to play with them, because i really like to use them, so easy to send money, and i also buy them before important bitcoin events like halving,  because if i buy bitcoins now,  i am sure that i'll can sell them for more after event, it is always nice to make extra easy money, no work needed
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April 11, 2016, 10:43:10 PM
 #264

I buy bitcoins now because the moment is good, there is a halving coming and the community is getting bigger everyday.
So the only thing I have to do is waiting and be patient.

Yeah even I have expectations Even you see that in my personal text also. Waiting halving and good price for bitcoin.

I think everyone is waiting for halving , that is why the market reacted and past two days market jumped above $40 and right now it is roaming around $418 coinbase rate. just waiting for $500 price so that i can sell some and make profit.
is there a date for the halving

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GamingBro
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April 11, 2016, 11:01:31 PM
 #265

How many people are there actually true believers in bitcoin as revolutionary new idea, and how many of them
 are greedy investors like myself? This can tell you future of this project, i believe. Roll Eyes

What you mean as "true beliver"? You think that bitcoin will bring you a 999999999$? I really want to hear your plan how to get rich with bitcoin Grin

draceus
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April 12, 2016, 04:30:56 AM
 #266

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.

I agree with you friend   I have bitcoin because when I need  any time any place any country in world  that time we can use a bitcoin not came in my near  and after i am happy with bitcoin and I have used must in bitcoin.

MTBTT
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April 12, 2016, 05:52:03 AM
 #267

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.
bitcoin has many uses for investments, gambling, and so on. so when you're using bitcoin. You should be aware of all the risks will you face dude
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April 12, 2016, 07:09:07 AM
 #268

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.
It is not that bad if you are now making an investments in Bitcoin, because you can see that the value of Bitcoin will rise in the future so you can sell it with some nice profit.
If you want to make some profit now around this time than you can trade or gamble if you cant wait for a price increase.
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April 12, 2016, 08:01:40 AM
 #269

I buy bitcoins because it is helping me saving my money instead of spending it. At the same time I can even make more money by investing in these bitcoins. That is the only reason I make use of Bitcoin.
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April 12, 2016, 09:28:37 AM
 #270

I buy bitcoins because it is helping me saving my money instead of spending it. At the same time I can even make more money by investing in these bitcoins. That is the only reason I make use of Bitcoin.

Same here, have not bought them till now, but will now start buying them just because I have joined a job where I will be earning some decent salary and I think I can try to buy some coins with some saved money to grow it even more...

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April 12, 2016, 09:41:14 AM
 #271

I buy bitcoins because it is helping me saving my money instead of spending it. At the same time I can even make more money by investing in these bitcoins. That is the only reason I make use of Bitcoin.

Same here, have not bought them till now, but will now start buying them just because I have joined a job where I will be earning some decent salary and I think I can try to buy some coins with some saved money to grow it even more...


Yes this is also what i do i buy bitcoin just to save some of my money and try to do trading with it and when i profit i took a break and wait for a good time to buy again.
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April 12, 2016, 10:48:39 AM
 #272

I buy bitcoins because it is helping me saving my money instead of spending it. At the same time I can even make more money by investing in these bitcoins. That is the only reason I make use of Bitcoin.

that is actually a good plan, i have never looked at it this way, you can save up money if you are a spender and at the same time have more money when the price goes up.
but it is good as long as you won't get tempted to get into gambling, since there is a lot of games and it is a lot easier to gamble with bitcoin and lose all of it.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
Julahid
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April 12, 2016, 10:59:44 AM
 #273

I buy bitcoins so that I can trade in YoBit. And also to gamble it to BustaBit.com, so basically I keep on buying bitcoins because I keep on losing them.
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April 12, 2016, 04:32:39 PM
 #274

I buy bitcoins because it is helping me saving my money instead of spending it. At the same time I can even make more money by investing in these bitcoins. That is the only reason I make use of Bitcoin.

Bitcoin as a additional earning and investment has given good profit. This reason and the expectations on halving makes me to buy possible amount of bitcoins right now.

mrhelpful
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April 12, 2016, 04:52:49 PM
 #275

I buy bitcoins because it is helping me saving my money instead of spending it. At the same time I can even make more money by investing in these bitcoins. That is the only reason I make use of Bitcoin.

Bitcoin as a additional earning and investment has given good profit. This reason and the expectations on halving makes me to buy possible amount of bitcoins right now.

I can admit over the years of seeing crazy events.

Its amazing how it recovers even if it does take some time, like all things. Its been bullish ever since, and it wont stop so thats the only reason why I invest or buy bitcoins like most others do is they see profit.

Without profit, im sure most would drop it lol.
Sandroxa
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April 13, 2016, 10:16:23 AM
 #276

I buy Bitcoins because I believe that there is a chance that in the future the Bitcoin price will be higher then ever. So if I buy now and sell it in the future I would make a huge profit.
beerlover
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April 13, 2016, 11:27:18 AM
 #277

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.
Yes, none of the newbie ever dare to buy that much bitcoin for the investment, only those who are well experienced in bitcoin and its trading, they have a strong believe on bitcoin and know well how to earn and redeem their money.

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voztata
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April 13, 2016, 07:42:30 PM
 #278

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.
No, a lot of people are not buying it for gambling, there are a number of other useful features of bitcoin also which attract people to itself, gambling is not the only interesting and earning way of bitcoin, the traders are more at here .
CrimBit
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April 14, 2016, 12:19:15 AM
 #279

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.
No, a lot of people are not buying it for gambling, there are a number of other useful features of bitcoin also which attract people to itself, gambling is not the only interesting and earning way of bitcoin, the traders are more at here .

im trader, Im buying bitcoin for trading at altcoin, so i can growing my monet faster than trade at fiat currency.

for me trade at altcoin is safe if you know the rules
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April 14, 2016, 12:22:11 AM
 #280

I buy bitcoin to invest in some investmet services and with that, i can double or even triple the amount of bitcoin that i have. It is the best way to earn more bitcoins.
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