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Author Topic: Why do you buy Bitcoins?  (Read 66620 times)
freedomgo
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November 26, 2016, 03:51:26 AM
 #901

I buy bitcoin because i see great future for the next coming years for it. The 750$ value of bitcoin now is not the peak price of it, i believe in the near future it will go 1000$ or even more. Once it happened many people will regret for not believing in bitcoin and to others also saying that it is fake or scam.
Uhm it's certain that $750 isn't the peak, because a few years ago the peak was around $1200.
I'm also pretty sure that it will go over $1000 in the near future again, but just saying that it wouldn't be the first time.

I do believe that it will be able to reach that price again. And that's why I bought some last few days ago in addition to the bitcoins that I'm holding already. I just want to make sure that I will take the chance and wanted to be in as the price of bitcoin is going to increase. And in portion of it, I put some in investing with trading of alt coins.
We will reach that again because as you can see, we are going upwards and bitcoin has been very consistent in this year. The upward move is very dominant, please be patient all the time.

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November 27, 2016, 12:33:44 PM
 #902

i buy bitcoins to save it and make it as an investment on its self and im currently have a work thats why this is one of my source of income because the price of bitcoin is not stable thats why im waiting till bitcoin reach 1000 us dollar so i can trade my bitcoins and use that money to start a business and the income that will come on that business im planning to invest it again on bitcoin.
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November 28, 2016, 06:25:22 PM
 #903

i buy bitcoins to save it and make it as an investment on its self and im currently have a work thats why this is one of my source of income because the price of bitcoin is not stable thats why im waiting till bitcoin reach 1000 us dollar so i can trade my bitcoins and use that money to start a business and the income that will come on that business im planning to invest it again on bitcoin.

That is a very good plan. If the past price could be a guide, the price will double every year in the near future.
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November 28, 2016, 06:43:47 PM
 #904

i buy bitcoins to save it and make it as an investment on its self and im currently have a work thats why this is one of my source of income because the price of bitcoin is not stable thats why im waiting till bitcoin reach 1000 us dollar so i can trade my bitcoins and use that money to start a business and the income that will come on that business im planning to invest it again on bitcoin.

That is a very good plan. If the past price could be a guide, the price will double every year in the near future.
Its not always 100% can be happen in the future that the price is double.. so better to enjoy bitcoin right now because there is stil la value.. don't expect for future and better to save more bitcoin and start a business that you can earn more bitcoin that you can be rich.. someday.. if we are lucky that bitcoin will continue to increase.. bitcoin in circulation i heard that they are now fewer so i am not expecting or hoping that bitcoin will still alive for a long time.

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November 28, 2016, 07:22:48 PM
 #905

i buy bitcoins to save it and make it as an investment on its self and im currently have a work thats why this is one of my source of income because the price of bitcoin is not stable thats why im waiting till bitcoin reach 1000 us dollar so i can trade my bitcoins and use that money to start a business and the income that will come on that business im planning to invest it again on bitcoin.

That is a very good plan. If the past price could be a guide, the price will double every year in the near future.
Its not always 100% can be happen in the future that the price is double.. so better to enjoy bitcoin right now because there is stil la value.. don't expect for future and better to save more bitcoin and start a business that you can earn more bitcoin that you can be rich.. someday.. if we are lucky that bitcoin will continue to increase.. bitcoin in circulation i heard that they are now fewer so i am not expecting or hoping that bitcoin will still alive for a long time.
maybe you're right. bitcoin prices are always volatile, so it is better enjoyed when the price of bitcoin is still quite high as it is today, although many news saying that the price of bitcoin will be $ 1,000 in quite close, but I think it's still a prediction. Well, I myself also'd always try to think like that, but I do not only save bitcoin I had as an investment tool, but I also use it for trading, thus making bitcoin I have become a lot more. maybe that is the reason I bought bitcoin
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November 28, 2016, 07:48:10 PM
 #906

I buy them to have money under my control. I have a growing unfriendliess toward fiat money, like more and more people hopefully.

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November 28, 2016, 10:51:55 PM
 #907

i buy bitcoins to save it and make it as an investment on its self and im currently have a work thats why this is one of my source of income because the price of bitcoin is not stable thats why im waiting till bitcoin reach 1000 us dollar so i can trade my bitcoins and use that money to start a business and the income that will come on that business im planning to invest it again on bitcoin.
It is a good economic strategy. No doubt that bitcoin price will soon reach $1000 and you will earn a decent profit from it. Anyway, have you considered to hold bitcoin as a currency ? I believe that in the future, people on this planet will constantly use Bitcoin for many purposes such as paying bill, tax, food, etc. And if it truly happens, Bitcoin price will skyrocket to more than $10000.

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November 28, 2016, 11:07:38 PM
 #908

Bitcoin is a solid investment, and if I put aside $20 or $50 then I have to be more mindful of my spending.
It's good to stay responsible and save for your future, rather than only thinking about what you want right now.
Teaching young people to save for their future through small investments in Bitcoin etc is a good learning tool.

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November 29, 2016, 05:24:15 AM
 #909

Bitcoin is a solid investment, and if I put aside $20 or $50 then I have to be more mindful of my spending.
It's good to stay responsible and save for your future, rather than only thinking about what you want right now.
Teaching young people to save for their future through small investments in Bitcoin etc is a good learning tool.
No question about that, but make you what you put as you investment will be the amount you can afford to lose. The trend is great as we can see the price of bitcoin is increasing but we need to reserve some doubts so we cannot make a foolish decision to put everything in bitcoin as our investment.

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November 29, 2016, 06:15:02 AM
 #910

My goal for the bitcoin purchase gamble, investment, trading but often I buy bitcoin when prices surged higher bitcoin there I'll buy bitcoin, and bitcoin will make a profit when soaring


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November 29, 2016, 06:18:34 AM
 #911

Bitcoin is a solid investment, and if I put aside $20 or $50 then I have to be more mindful of my spending.
It's good to stay responsible and save for your future, rather than only thinking about what you want right now.
Teaching young people to save for their future through small investments in Bitcoin etc is a good learning tool.
No question about that, but make you what you put as you investment will be the amount you can afford to lose. The trend is great as we can see the price of bitcoin is increasing but we need to reserve some doubts so we cannot make a foolish decision to put everything in bitcoin as our investment.
Yes, we have to put the right proportion in bitcoin and fiat. Although bitcoin risk is high but the chance to get big profit is big too.


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December 03, 2016, 05:46:26 AM
 #912

I buy them to have money under my control. I have a growing unfriendliess toward fiat money, like more and more people hopefully.
Yeah, Bitcoin has more uses than just speculation. Although it can not be used to buy in any physical store, Bitcoin works as a great way to store value, protecting the investor from Fiat inflation. As they say, you can be your own bank.
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December 03, 2016, 06:11:58 AM
 #913

To be honest I don't have a particular reason in mind when buying bitcoin because bitcoin is very versatile, sometimes I just let it sit there for months and I get more money without doing anything, sometimes I spent the bitcoin immediately because I really need something.
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December 03, 2016, 06:51:28 AM
 #914

There are few reasons as to why people including me buy bitcoins which actually covers the most for trading, as an investment, for purchase of good and services, if gambling is legal in their country so for that purpose and some for charity as well..
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December 03, 2016, 07:40:25 AM
 #915

To be honest I don't have a particular reason in mind when buying bitcoin because bitcoin is very versatile, sometimes I just let it sit there for months and I get more money without doing anything, sometimes I spent the bitcoin immediately because I really need something.

So in short you are buying bitcoins just for holding it and that is considering you to have an investment in bitcoin. I'm doing this also but most of the time I'm buying bitcoins when I don't have enough funds for trading with alt coins and sometimes I'm buying bitcoins when I want to gamble.

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December 03, 2016, 11:28:12 PM
 #916

To be honest I don't have a particular reason in mind when buying bitcoin because bitcoin is very versatile, sometimes I just let it sit there for months and I get more money without doing anything, sometimes I spent the bitcoin immediately because I really need something.

So in short you are buying bitcoins just for holding it and that is considering you to have an investment in bitcoin. I'm doing this also but most of the time I'm buying bitcoins when I don't have enough funds for trading with alt coins and sometimes I'm buying bitcoins when I want to gamble.
So are you trying to tell that you are burning too much much gambling or trading Cheesy either way purchase bitcoin at this time is a high risk activity and i would be happy purchase some altcoins at this moment in time as i dont want to risk my money entering at the price it is now.

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December 03, 2016, 11:42:35 PM
 #917

To be honest I don't have a particular reason in mind when buying bitcoin because bitcoin is very versatile, sometimes I just let it sit there for months and I get more money without doing anything, sometimes I spent the bitcoin immediately because I really need something.

So in short you are buying bitcoins just for holding it and that is considering you to have an investment in bitcoin. I'm doing this also but most of the time I'm buying bitcoins when I don't have enough funds for trading with alt coins and sometimes I'm buying bitcoins when I want to gamble.
So are you trying to tell that you are burning too much much gambling or trading Cheesy either way purchase bitcoin at this time is a high risk activity and i would be happy purchase some altcoins at this moment in time as i dont want to risk my money entering at the price it is now.
Trading is a good opportunity for those who need to earn money but this is risky for those who did not know how to do it, and gambling is very risky since you can lose your money in only short of time, I would say better to trade than gambling, and also I usually buy bitcoin to pay some of my bills.

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December 04, 2016, 01:44:42 AM
 #918

There are few reasons as to why people including me buy bitcoins which actually covers the most for trading, as an investment, for purchase of good and services, if gambling is legal in their country so for that purpose and some for charity as well..
The price is why people buy bitcoin. I think all new people who join this bitcoin world are interested with the fluctuation of bitcoin price that really move so wild. Bitcoin have so many advantage that attracts people to use it. Bitcoin users can grow their money by trading or join any ICO. But suggest to all bitcoin users for not do gamble becouse most of gambler are lose their money. I think growing money is the reason why people buy bitcoin.

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December 04, 2016, 02:37:58 AM
 #919

There are few reasons as to why people including me buy bitcoins which actually covers the most for trading, as an investment, for purchase of good and services, if gambling is legal in their country so for that purpose and some for charity as well..
The price is why people buy bitcoin. I think all new people who join this bitcoin world are interested with the fluctuation of bitcoin price that really move so wild. Bitcoin have so many advantage that attracts people to use it. Bitcoin users can grow their money by trading or join any ICO. But suggest to all bitcoin users for not do gamble becouse most of gambler are lose their money. I think growing money is the reason why people buy bitcoin.
Gambling will just ruined your good investment plan, it should not be associated as part of your goal in a money making venture, it should be for fun but should be carefully done to ensure it will not affect your investments. Other way which I think very simple yet very effective is just buy simply holding it longer.
blackmagician
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December 04, 2016, 03:00:06 AM
 #920

I buy bitcoin only when the price is low and theres a possibility that the price will go up after a week and gain some profit. And the rest o earn it on signature campaign and on gambling site.

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