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Author Topic: Why do you buy Bitcoins?  (Read 66620 times)
Maesters1-
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July 28, 2016, 05:32:45 PM
 #621

Because i always use bitcoins everyday like gambling and trading and when i don't have any funds left i buy some bitcoins and use it for gambling and trading.
but i am buying it for the price increase. i am investing my whole salary in bitcoin every month because to me it is still good time to buy it for good income. in present time i prefer to hold bitcoin instead of investing it in gambling or any where else because the price of bitcoin has to boost in some days or after a month or so.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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July 28, 2016, 07:35:00 PM
 #622

I buy bitcoin to make regular profits from it by selling when price goes higher and sometimes I also buy to have fun in gambling with it.
I think it is better to trade alone than you do trade and gambling. maybe you'll get lucky in the trade but will be lost in gambling. its only waste time
You have a higher chance of losing money when gambling then trading.
i think many people like gambling for just entertainment, and if you want earn bitcoin then many ways to earn free bitcoin ,

That is right. But there is no free entertainment. You have to pay for the entertainment, with bitcoin.
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July 30, 2016, 06:44:53 AM
 #623

I buy bitcoin to make regular profits from it by selling when price goes higher and sometimes I also buy to have fun in gambling with it.
I think it is better to trade alone than you do trade and gambling. maybe you'll get lucky in the trade but will be lost in gambling. its only waste time
You have a higher chance of losing money when gambling then trading.
i think many people like gambling for just entertainment, and if you want earn bitcoin then many ways to earn free bitcoin ,

That is right. But there is no free entertainment. You have to pay for the entertainment, with bitcoin.
Entertainment is gambling and your lose in gambling is just a pay of the entertainment you get, how I wish people will think like that but in real scenario we don't want to stop gambling losing and we aim for have fun and win money at the same time.

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July 30, 2016, 07:31:14 AM
 #624

I myself buy bitcoins solely for pay my payment as I, besides my self provided product, am also reselling stuff by receiving them from seller first then paying them later after receiving the money from my client Grin there are some risks but it is still worth it I have to say Grin
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July 30, 2016, 10:57:01 AM
 #625

The bitcoin price could rise a lot after it solve the block size too small problem. The price could even triple.
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August 06, 2016, 08:02:05 AM
 #626

The bitcoin price could rise a lot after it solve the block size too small problem. The price could even triple.

That could be right. I heard the block size increase will happen in the next release of the Core client.
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August 06, 2016, 08:15:50 AM
 #627

Because it is just for Investment in trading altcoins on poloniex, i don't use bitcoin for daily are like buy foods,voucher and another payment method. Because in my country (Indonesia) there are not many people who accept bitcoin as payment method.
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August 06, 2016, 08:39:27 AM
 #628

becouse i nedd to invest and deposit for trading
buying item, buy merchandase
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August 06, 2016, 10:10:34 AM
 #629

Because it is just for Investment in trading altcoins on poloniex, i don't use bitcoin for daily are like buy foods,voucher and another payment method. Because in my country (Indonesia) there are not many people who accept bitcoin as payment method.

Yeah not many places to spend bitcoin so basically its used for investment purposes or else its used for trading where we can grow our coins very easily.
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August 06, 2016, 01:28:31 PM
 #630

Because it is just for Investment in trading altcoins on poloniex, i don't use bitcoin for daily are like buy foods,voucher and another payment method. Because in my country (Indonesia) there are not many people who accept bitcoin as payment method.

Yeah not many places to spend bitcoin so basically its used for investment purposes or else its used for trading where we can grow our coins very easily.
I don't think trading is easy way for grow my coins because trading is not easy and never become easy until the ends of world, we need system trading, money (management of risk and money) and psychology trading
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August 06, 2016, 07:27:40 PM
 #631

Because it is just for Investment in trading altcoins on poloniex, i don't use bitcoin for daily are like buy foods,voucher and another payment method. Because in my country (Indonesia) there are not many people who accept bitcoin as payment method.

Yeah not many places to spend bitcoin so basically its used for investment purposes or else its used for trading where we can grow our coins very easily.
I don't think trading is easy way for grow my coins because trading is not easy and never become easy until the ends of world, we need system trading, money (management of risk and money) and psychology trading

You need to do great level of research and gain knowledge about the movements and if it successfully clicks you then sky is the limit of your profits from trading.
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August 07, 2016, 10:04:37 AM
 #632

Because i always use bitcoins everyday like gambling and trading and when i don't have any funds left i buy some bitcoins and use it for gambling and trading.

I do not buy the bitcoin for gambling or trading. I buy as I believe the bitcoin price will rise in the long term.
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August 11, 2016, 05:34:42 AM
 #633

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 prefer to earn them instead of buying.  I do not know what dark web is but I do not want to know, seems evil thing. Grin  Some of my friends exchange their amazon gift cards to bitcoin and then withdraw it afterwards.  As for me I save it and buy some altcoins and have some for investment.  Before I buy bitcoin to invest it and have some bet.  Then I was informed that I have them by earning them.
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August 15, 2016, 08:39:24 AM
 #634

i think bitcoin is very useful and its price is going to rise up very faster so its good to hold it for high price.
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August 15, 2016, 08:43:49 AM
 #635

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 prefer to earn them instead of buying.  I do not know what dark web is but I do not want to know, seems evil thing. Grin  Some of my friends exchange their amazon gift cards to bitcoin and then withdraw it afterwards.  As for me I save it and buy some altcoins and have some for investment.  Before I buy bitcoin to invest it and have some bet.  Then I was informed that I have them by earning them.

Amazon gift cards to bitcoin? I thought that was the other way around? Before that is the idea. Just buy and buy until you are satisfied but now there are different ways for it to be earned.
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August 15, 2016, 09:08:04 AM
 #636

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 prefer to earn them instead of buying.  I do not know what dark web is but I do not want to know, seems evil thing. Grin  Some of my friends exchange their amazon gift cards to bitcoin and then withdraw it afterwards.  As for me I save it and buy some altcoins and have some for investment.  Before I buy bitcoin to invest it and have some bet.  Then I was informed that I have them by earning them.

Amazon gift cards to bitcoin? I thought that was the other way around? Before that is the idea. Just buy and buy until you are satisfied but now there are different ways for it to be earned.

Yes bitcoin can be earned in many ways and it will depend on your skills and your dedication to how much to earn, and to be honest I feel that earning is always better then buying.
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August 15, 2016, 09:31:42 AM
 #637

I used to buy bitcoins back then to invest. Unfortunately for me the websites that I was investing in was ponzi sites which basically are just scam sites. Scrypt.cc was trendy before and people have shared their experience about the website and I was encouraged to invest ~25$ in the said website.

They said that they are earning decent amount of money out of that website and I literally have nothing to do because there's an auto-buy feature in Scrypt.cc. Turns out, after a week or so, scrypt.cc was already running away.

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August 15, 2016, 09:40:44 AM
 #638

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 prefer to earn them instead of buying.  I do not know what dark web is but I do not want to know, seems evil thing. Grin  Some of my friends exchange their amazon gift cards to bitcoin and then withdraw it afterwards.  As for me I save it and buy some altcoins and have some for investment.  Before I buy bitcoin to invest it and have some bet.  Then I was informed that I have them by earning them.

Amazon gift cards to bitcoin? I thought that was the other way around? Before that is the idea. Just buy and buy until you are satisfied but now there are different ways for it to be earned.

Yes bitcoin can be earned in many ways and it will depend on your skills and your dedication to how much to earn, and to be honest I feel that earning is always better then buying.
Of course, there is no debate on that, you earn it so there are no risk on it but the question now is how would you grow your bitcoins. People are buying bitcoins because of the reasons that they might to consider that as an investment or trade it.

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August 15, 2016, 09:49:44 AM
 #639

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 prefer to earn them instead of buying.  I do not know what dark web is but I do not want to know, seems evil thing. Grin  Some of my friends exchange their amazon gift cards to bitcoin and then withdraw it afterwards.  As for me I save it and buy some altcoins and have some for investment.  Before I buy bitcoin to invest it and have some bet.  Then I was informed that I have them by earning them.

Amazon gift cards to bitcoin? I thought that was the other way around? Before that is the idea. Just buy and buy until you are satisfied but now there are different ways for it to be earned.

Yes bitcoin can be earned in many ways and it will depend on your skills and your dedication to how much to earn, and to be honest I feel that earning is always better then buying.

I'm sure everyone also want that, earning bitcoins than buying bitcoins and i also prefer want to earn bitcoin than buy bitcoin. But for rich people, i think they prefer buying bitcoin.
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August 15, 2016, 11:07:46 AM
 #640

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 prefer to earn them instead of buying.  I do not know what dark web is but I do not want to know, seems evil thing. Grin  Some of my friends exchange their amazon gift cards to bitcoin and then withdraw it afterwards.  As for me I save it and buy some altcoins and have some for investment.  Before I buy bitcoin to invest it and have some bet.  Then I was informed that I have them by earning them.

Amazon gift cards to bitcoin? I thought that was the other way around? Before that is the idea. Just buy and buy until you are satisfied but now there are different ways for it to be earned.

Yes bitcoin can be earned in many ways and it will depend on your skills and your dedication to how much to earn, and to be honest I feel that earning is always better then buying.

I'm sure everyone also want that, earning bitcoins than buying bitcoins and i also prefer want to earn bitcoin than buy bitcoin. But for rich people, i think they prefer buying bitcoin.

Yes people who have capital to invest will prefer to buy without wasting any time, but for an normal user its not possible to invest on regular basis.
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