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Author Topic: Why do you buy Bitcoins?  (Read 66620 times)
relq
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June 14, 2016, 03:30:08 PM
 #461

Because i heard the price of bitcoin is increase so high and because of that i buy some bitcoins for invest on bitcoin and the result is quite good though, because the bitcoin's price is increasing.
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June 14, 2016, 03:31:30 PM
 #462

Because i heard the price of bitcoin is increase so high and because of that i buy some bitcoins for invest on bitcoin and the result is quite good though, because the bitcoin's price is increasing.

Yeah its an best investment product at a moment as price is rising now and if you have invested in bitcoin at right time then you can earn best returns.

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italianobitcoin
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June 14, 2016, 05:03:32 PM
 #463

I buy bitcoins for the fact that you can make nice profit with it by simply holding and also because I think there are some advantages such as the fact that it can be made untraceable.
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June 14, 2016, 05:12:57 PM
 #464

I buy bitcoins for the fact that you can make nice profit with it by simply holding and also because I think there are some advantages such as the fact that it can be made untraceable.

Bitcoin is decentralized currency and there is no government involvement in it and that is the best thing about it and you have total control over it as a currency.
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June 14, 2016, 05:31:28 PM
 #465

Bitcoin is an investment similar to stocks, the prices fluctuate. You exchange when its low and invest when its high. Even though there is a risk of bitcoin becoming obsolete, it is a good idea to get it when you can.
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June 14, 2016, 06:35:10 PM
 #466

I buy it cause its a only form of really protecting your money value.

And it increases on its own that itself is more reasons to invest. But its mainly for those who are actually dis trust the banking system - and what banks can do with your money by not letting you have any access in the time of need is whats even more scary.

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June 14, 2016, 07:06:00 PM
 #467

Bitcoin is an investment similar to stocks, the prices fluctuate. You exchange when its low and invest when its high. Even though there is a risk of bitcoin becoming obsolete, it is a good idea to get it when you can.
I don't think bitcoin can become obsolete sooner or latter, it will reach to new level in coming years, and that is the reason I am buying to earn good profits in future.
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June 15, 2016, 03:18:20 AM
 #468

I buy it cause its a only form of really protecting your money value.

And it increases on its own that itself is more reasons to invest. But its mainly for those who are actually dis trust the banking system - and what banks can do with your money by not letting you have any access in the time of need is whats even more scary.


I'm not sure if I got your point clearly. Investing in bitcoin is a risk because of the way the price fluctuates. Supposing you were among those who bought at $1000 then the price suddenly dropped to $200? Is that what you call protecting the value of money? And your misconception about banks makes me laugh. How can banks prevent you from accessing your own money? Even time deposits can be withdrawn anytime (with a certain fee, of course). Clearly your idea of the banking system is not the same as what I'm experiencing from my bank.
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June 15, 2016, 03:35:31 AM
 #469

Personally I buy them because it got my attention when it went from under $200 to above $300 again. It showed the possibility of being a decent investment. Many "real life" (lol) investments yield a 4-7% ROI. Bitcoin can be, and has been, much more profitable. And it's a ton of fun and has a great community! I figured, why let that money all sit in the bank, so I invested 10% of my savings into coins and I have over tripled my deposit over a few months!

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alrachid
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June 15, 2016, 03:38:34 AM
 #470

I buy it cause its a only form of really protecting your money value.

And it increases on its own that itself is more reasons to invest. But its mainly for those who are actually dis trust the banking system - and what banks can do with your money by not letting you have any access in the time of need is whats even more scary.


I'm not sure if I got your point clearly. Investing in bitcoin is a risk because of the way the price fluctuates. Supposing you were among those who bought at $1000 then the price suddenly dropped to $200? Is that what you call protecting the value of money? And your misconception about banks makes me laugh. How can banks prevent you from accessing your own money? Even time deposits can be withdrawn anytime (with a certain fee, of course). Clearly your idea of the banking system is not the same as what I'm experiencing from my bank.

Lol. Maybe you should read about how the bank takes your money and lends it out to others. Yes, it may be "federally insured" but the truth is that most of the money is just digital credits and if everyone went to withdraw their cash at the same time, it would cause chaos. I am not arguing that BTC protects you from that, but I don't think a bank protects your money all too well. Just my thoughts.

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June 15, 2016, 03:42:41 AM
 #471

Personally I buy them because it got my attention when it went from under $200 to above $300 again. It showed the possibility of being a decent investment. Many "real life" (lol) investments yield a 4-7% ROI. Bitcoin can be, and has been, much more profitable. And it's a ton of fun and has a great community! I figured, why let that money all sit in the bank, so I invested 10% of my savings into coins and I have over tripled my deposit over a few months!
Thats good too see if you buy bitcoin when its only has a low price but now that the is booming you can still buy and profit. I just dont suggest to buy when July month comes cause thats the time people will try to sell their coins to make a profit and that would be a loss for you because it might dump bitcoin price.
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June 15, 2016, 03:51:11 AM
 #472

I buy bitcoins for the profit you can make with it, you can make a lot of profit these days by trading the bitcoins with altcoins but also with just holding them.
The halving is also coming this year so you can than make a lot of money with the halving that is coming this year, I think that is one of the best methods if you ask me.
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June 15, 2016, 05:29:13 AM
 #473

Personally I buy them because it got my attention when it went from under $200 to above $300 again. It showed the possibility of being a decent investment. Many "real life" (lol) investments yield a 4-7% ROI. Bitcoin can be, and has been, much more profitable. And it's a ton of fun and has a great community! I figured, why let that money all sit in the bank, so I invested 10% of my savings into coins and I have over tripled my deposit over a few months!
Thats good too see if you buy bitcoin when its only has a low price but now that the is booming you can still buy and profit. I just dont suggest to buy when July month comes cause thats the time people will try to sell their coins to make a profit and that would be a loss for you because it might dump bitcoin price.

We cannot really say if it is good to buy since we know that halving is occuring for that time and surely many people will dump their coins, instead its good to say that today is best time to buy some coins although we can really say its risky but since halving is not totally done well we can still earn profits with this event coming.


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June 15, 2016, 06:36:38 AM
 #474

I buy bitcoins for the profit you can make with it, you can make a lot of profit these days by trading the bitcoins with altcoins but also with just holding them.
The halving is also coming this year so you can than make a lot of money with the halving that is coming this year, I think that is one of the best methods if you ask me.

Yeah, when you buy bitcoins you don't even need to do anything to those coins to make a profit. You just simply hold them till they appreciate in value. And that's why I buy bitcoins.

Bitcoins is a great technology with a great potential for the future.
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June 15, 2016, 07:33:10 AM
 #475

Getting a future reward is the reason why I am buying bitcoins. On a term of 3-5 years i do expect to see the price above 4k.
That would be a perfect moment for me to sell my bitcoins or even better, use my bitcoins.
I am also holding on to my coins for the future but I do not know yet for how long I am going to save my coins. If a price comes by that I like then I think am I just going to sell.
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June 15, 2016, 07:36:49 AM
 #476

Getting a future reward is the reason why I am buying bitcoins. On a term of 3-5 years i do expect to see the price above 4k.
That would be a perfect moment for me to sell my bitcoins or even better, use my bitcoins.
I am also holding on to my coins for the future but I do not know yet for how long I am going to save my coins. If a price comes by that I like then I think am I just going to sell.
wow you are very confident that this coin will go that far, well me too i'm trying to hold some btc now and stay away with gambling saving my campaign earnings and hold it might be waiting until halving and sell the half but the other half ill try to keep it from my wallet for a long term investment, that's the reason why i bought btc by the way.
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June 15, 2016, 01:54:06 PM
 #477

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 only buy Bitcoins to use them as an investment so that I can make more money i the future. I am waiting for the price in the future to be high as ever so that I can make much money.
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June 15, 2016, 02:08:59 PM
 #478

This time I buy bitcoin just for make a profit, as if for a payment, it is still limited to do with bitcoin.
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June 15, 2016, 02:11:24 PM
 #479

I mainly buy btc to trade altcoins
And to buy digital content to avoid having to pay a currency exchange fee

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June 15, 2016, 02:16:13 PM
 #480

This time I buy bitcoin just for make a profit, as if for a payment, it is still limited to do with bitcoin.
 
Like you i just only buy bitcoins to make profit because of halving ,as payment when i rent somebody to do complete a task for me,.
And lastly i buy coins when i need it most
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