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Author Topic: Why do you buy Bitcoins?  (Read 66620 times)
Jeemee
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September 02, 2016, 12:18:56 AM
 #701

I do not buy bitcoin from the very beginning.  What I have is what I have earned in
this forum. I do not buy because I do not have money. That's why I am very keen in earning some bits here because I really needed the  money for myi daily expenses.

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September 02, 2016, 07:35:59 AM
 #702

I do not buy bitcoin from the very beginning.  What I have is what I have earned in
this forum. I do not buy because I do not have money. That's why I am very keen in earning some bits here because I really needed the  money for myi daily expenses.
That is sad to hear you will miss the opportunity to invest, I hope you will find your steady income and will not only rely on your income working here, it is not enough and believe me I know that because I have tried it before and I am lucky now I have a stable day job.

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Carmen_Sandiego
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September 03, 2016, 03:13:46 AM
 #703

Some of the reasons are that it is backed by blockchain technology and, besides the many functionalities, you will be able to see that there is a good risk/reward ratio involved, when compared to other investments.
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September 03, 2016, 08:04:47 AM
 #704

we are buying bitcoin because the recent price is very low to buy bitcoin i am sure bitcoin will be more rise up its price to very higher and other reason is that bitcoin is very safest investment and its very lowest risk if invest our all money in bitcoin.
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September 03, 2016, 08:34:01 AM
 #705

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?
We have the same activities , i bought some bitcoin because i love to spend it on internet where i use to buy it online specially when i am buying some steam codes for my game , and i am doing some trading activities too where i can slowly grow up my bitcoin and i can easily send money world wide that easy and low transaction fees
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September 03, 2016, 11:12:17 AM
 #706

For speculation and for use as an investment to just hold for me, I didn't actually know about it until I heard about it in an economical magazine a year or so ago, The fact that it's so volatile offers traders and infinite and amazing range of possibilities. Don't know much about darkweb or the other options though.
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September 03, 2016, 11:19:22 AM
 #707

we are buying bitcoin because the recent price is very low to buy bitcoin i am sure bitcoin will be more rise up its price to very higher and other reason is that bitcoin is very safest investment and its very lowest risk if invest our all money in bitcoin.

Bitcoin investment is not safest at all, today you buy at $575 and you hold it but what if the price suddenly goes to $200 in future, you will have a big loss, so never invest all money at single place.
newcoins1978
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September 06, 2016, 01:52:23 PM
 #708

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 sometimes buy Bitcoin because I think that it is a good investment, I hold on to them for when the price is going to rise again.
Then I can decide if I want to sell them for a profit.
terman45x
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September 06, 2016, 01:59:15 PM
 #709

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 sometimes buy Bitcoin because I think that it is a good investment, I hold on to them for when the price is going to rise again.
Then I can decide if I want to sell them for a profit.

That is the best way to play with bitcoins in order to make regular profits, sell them when you see higher price and buy it again when price falls, but if its long term investment for you then its better to hold them.
Legasean
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September 06, 2016, 02:33:26 PM
 #710

I never buy bitcoins and not right now because the price of the bitcoin is to high as you all know so when you need to buy bitcoins do it as low as possible that will give you the most profit.
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September 06, 2016, 02:44:51 PM
 #711

I never buy bitcoins and not right now because the price of the bitcoin is to high as you all know so when you need to buy bitcoins do it as low as possible that will give you the most profit.

I wont suggest that you wait for that chance. Think what ifs. What if it dont come back to irs lower price? Might as well risk it than waiting for a long time and you are seeing that price is growinv more. It will be regrets that will come instead of profits. We know bitcoin, it will always be a risk.

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September 06, 2016, 02:57:00 PM
 #712

I never buy bitcoins and not right now because the price of the bitcoin is to high as you all know so when you need to buy bitcoins do it as low as possible that will give you the most profit.

I wont suggest that you wait for that chance. Think what ifs. What if it dont come back to irs lower price? Might as well risk it than waiting for a long time and you are seeing that price is growinv more. It will be regrets that will come instead of profits. We know bitcoin, it will always be a risk.

If bitcoin have risk then it also has an potential to give higher rewards and if you will be scared of taking risks then you will never be able to make good profits from it.
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September 06, 2016, 03:21:39 PM
 #713

Seeing bitcoin balance in my wallet makes me feel good. i really admire the transaction, confirmations, mining, etc... sometimes i enjoy seeing these by spending or selling so i buy bitcoins just for fun
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September 06, 2016, 03:34:58 PM
 #714

Seeing bitcoin balance in my wallet makes me feel good. i really admire the transaction, confirmations, mining, etc... sometimes i enjoy seeing these by spending or selling so i buy bitcoins just for fun

You cannot afford to buy it only to have fun, you should make efforts to make money from it, keeping them in wallet is good for future but you should also try to grow them in long run.
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September 06, 2016, 09:33:16 PM
 #715

I'm buying bitcoins because i'm sure the price of bitcoin will increase someday and i want invest my money into bitcoin. I also use bitcoin for gambling and trading and i need to buy it first.
you are right that price of bitcoin will be more increase in coming days its the good reason to buy bitcoin and it will be good for to get profit from bitcoin and i think that trading is very good way to earn more bitcoin .
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September 06, 2016, 11:07:52 PM
 #716

I don't usually buy bitcoin but when I do the price crashes after that, don't know how this happens but I don't invest in bitcoin for a long time but when I did in the past the price crashed immediately at that day. Why should we buy bitcoin is that bitcoin is going to be famous and when the block size limit will be increased in the near past the bitcoin will be more popular and hopefully the bitcoin price will be increased.

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September 06, 2016, 11:40:26 PM
 #717

I don't usually buy bitcoin but when I do the price crashes after that, don't know how this happens but I don't invest in bitcoin for a long time but when I did in the past the price crashed immediately at that day. Why should we buy bitcoin is that bitcoin is going to be famous and when the block size limit will be increased in the near past the bitcoin will be more popular and hopefully the bitcoin price will be increased.
i dont usually buy bitcoins too to be honest, im trying to collect it though the trading is the only thing that gives me profit right now
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September 07, 2016, 07:53:41 AM
 #718

I never buy bitcoins and not right now because the price of the bitcoin is to high as you all know so when you need to buy bitcoins do it as low as possible that will give you the most profit.

I wont suggest that you wait for that chance. Think what ifs. What if it dont come back to irs lower price? Might as well risk it than waiting for a long time and you are seeing that price is growinv more. It will be regrets that will come instead of profits. We know bitcoin, it will always be a risk.

If bitcoin have risk then it also has an potential to give higher rewards and if you will be scared of taking risks then you will never be able to make good profits from it.

I think the time you step in buying bitcoin then you already thought about the risk in it. Why would someone put a lot of money in something that he dont know. That made a higher risk than having knowledge in it first.
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September 07, 2016, 08:08:56 AM
 #719

I never buy bitcoins and not right now because the price of the bitcoin is to high as you all know so when you need to buy bitcoins do it as low as possible that will give you the most profit.

I wont suggest that you wait for that chance. Think what ifs. What if it dont come back to irs lower price? Might as well risk it than waiting for a long time and you are seeing that price is growinv more. It will be regrets that will come instead of profits. We know bitcoin, it will always be a risk.

If bitcoin have risk then it also has an potential to give higher rewards and if you will be scared of taking risks then you will never be able to make good profits from it.

I think the time you step in buying bitcoin then you already thought about the risk in it. Why would someone put a lot of money in something that he dont know. That made a higher risk than having knowledge in it first.
We know there are risk but we are interested more on the possibility that it could give us a good income, that is why the moment you buy bitcoin that action is already considered as investment because you are holding a volatile asset that might appreciate or depreciate its value in the future.

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September 07, 2016, 08:18:38 AM
 #720

I have tried to buy bitcoins only once. Do you remember that story with Bitfinex when the price for bitcoin groped down to 500 $? That moment I bought one bitcoin and today I am in 100 $ plus. Not bad, right. Unfortunately I hadn't more money to buy more bitcoins that moment. But next time i will not skip the chance to earn on the price difference.
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