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Author Topic: Why do you buy Bitcoins?  (Read 66620 times)
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December 04, 2016, 04:05:54 AM
 #921

To grow it in some gambling site. Wink
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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December 04, 2016, 04:41:43 AM
 #922

I do buy bitcoin because it is easier for me to manage and lot better and smother than banks and it alows me to do any of my work any time and anyhow i want to no matter what platform or system i use i just need a bit of internet and a browser
I am making buy of Bitcoin only for profit .
The manage technique for Bitcoin is easy but earning is a big matter through this usually when I make purchase of some btc then I sold it at high price ( after price increase ) .
So it is only matter to make profit and also to make payment .

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December 04, 2016, 04:45:35 AM
 #923

To grow it in some gambling site. Wink

I don't think it is very sustainable to "grow" your bitcoins in a gambling site. Rather you are probably faced with a big red losing streak once you actually start gambling, because the house edge will not allow you to win in the long term.

I buy bitcoins because it is a quick an easy method to transact money and value overseas instantly. That is the main reason.
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December 04, 2016, 05:29:05 AM
 #924

I do buy bitcoin just to have profit,this is the easiest way to earn bitcoin, buy bitcoin wait till it goes up and then sell of them. Sometimes i buy bitcoin to pay for some services or task that i will offer.
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December 04, 2016, 06:13:16 AM
 #925

I bought one coins cause of halving, but nowdyas when price is almost $550 it's not so profitalbe so i am just wating for halving with my coins to sell.
I think your making a good profit right now Smiley good luck to you and coins is still growing up if you are going to sell your coins it's time the price is quite big and you made 200$ without doing nothing just waiting or trade it into more profitable thin in exchange website.

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December 04, 2016, 06:34:36 AM
 #926

I bought one coins cause of halving, but nowdyas when price is almost $550 it's not so profitalbe so i am just wating for halving with my coins to sell.
I think your making a good profit right now Smiley good luck to you and coins is still growing up if you are going to sell your coins it's time the price is quite big and you made 200$ without doing nothing just waiting or trade it into more profitable thin in exchange website.
He bought bitcoins back June this year so probably if he was not tempted to sell he can make a good profit with the year end. You are right that you do not need to do exert much effort to have that price as just by holding alone it can already give you a good profit in the long run.

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December 04, 2016, 03:54:25 PM
 #927

I buy my bitcoins when I want to make a payment with bitcoins.
That's mostly the case when I want to buy a subscription online.
And the rest of my bitcoins after the putrchase go into my savings account for bitcoins.
Who knows, maybe one day it will be worth a small fortune...
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December 04, 2016, 04:51:39 PM
 #928

I buy Bitcoin because it is a secure and decentralized way of storing value, and it's an investment that has a high potential for the long term, if you are a holder, or for the short term if you have trading skills.

That is a good idea. It seems the bitcoin is a good trading tool if you can find a good altcoin to trade against.
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December 04, 2016, 07:03:10 PM
 #929

I do buy bitcoin just to have profit,this is the easiest way to earn bitcoin, buy bitcoin wait till it goes up and then sell of them. Sometimes i buy bitcoin to pay for some services or task that i will offer.
yeah there is a lot of people are buying bitcoin in huge amount and then hold their bitcoin until increase its price to higher and when price go to high value then they sell it or use it for online shopping and there is a lot of people get a big profit from bitcoin easily through holding of bitcoin.
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December 04, 2016, 07:24:42 PM
 #930

Why people should invest in cryptocurrency and buy bitcoin? Because it is the only asset which can be easily banned by government in case they decide to do so.
They can do whatever they want with FIAT (look what India done with 1000 and 500 rupee notes - one day they decided high denomination no longer needed)
and more recent news suggesting that India (and possibly China) will ban gold trade/import.

Reference: http://www.zerohedge.com/news/2016-12-01/indian-%E2%80%98gold-ban%E2%80%99-portent-major-events


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December 05, 2016, 12:34:48 AM
 #931

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.
I agree. many people (I heard from them) buy bitcoin or plan to buy bitcoin when the price is low. so they can save the coins until the price goes up and then they would sell the coins to people or convert the coins to fiat.

some new bitcoin users also buy bitcoin because they want to invest it, or they want to trade it.

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agamasrori
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December 05, 2016, 01:59:35 AM
 #932

I buy bitcoin becouse it is the strongest cryptocurrency that ever made. Also I like to avoid inflation of using fiat although its litle bit risky. I still use both,  fiat and bitcoin.


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cokkapaga
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December 05, 2016, 03:10:26 AM
 #933

I interested in to buy bitcoin because the price is increase always every month
you can see the price right now, the price is $765 and we can see in $800 in 2017.

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December 07, 2016, 08:10:43 AM
 #934

I interested in to buy bitcoin because the price is increase always every month
you can see the price right now, the price is $765 and we can see in $800 in 2017.

The price does not increase every month. The price increase every year apart from 2014. If the price rises slowly, it might increase every month.
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December 07, 2016, 11:30:30 AM
 #935

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 haven't tried to buy bitcoins but if ever I am going to buy it will be only for two reasons and it's to have my money under my control, and to gain profit . But for now I don't have plan to buy bitcoin because i don't have enough budget .
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December 07, 2016, 11:47:04 AM
 #936

Buying bitcoins is like buying cryptocurrency which is profutable all the year round .if u have invested a little bit of money on bitcoins u can earn a bit of money not day and night but u have to wait a lot .but its worth it .kudoos Smiley

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December 07, 2016, 02:15:14 PM
 #937

For now I rarely buy bitcoin through bitcoin trading site. apart because of my age do not qualify I also get bitcoin every week of the signature campaign. but once I buy bitcoin I use to gamble almost every day I bought all my friends that I used to gamble


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December 07, 2016, 05:10:02 PM
 #938

Buying bitcoins is like buying cryptocurrency which is profutable all the year round .
if u have invested a little bit of money on bitcoins u can earn a bit of money not day
and night but u have to wait a lot .but its worth it .kudoos Smiley


Bitcoin is one of the crypto currencies mate and yes it is so profitable, I guess you do not understand what OP meant, he ask
WHY DO YOU BUY BITCOIN?  I guess you want to say then that you buy bitcoin because it is profitable in your part.

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December 07, 2016, 07:42:37 PM
 #939

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 haven't tried to buy bitcoins but if ever I am going to buy it will be only for two reasons and it's to have my money under my control, and to gain profit . But for now I don't have plan to buy bitcoin because i don't have enough budget .
Yeah you are right its quite hard to find some cash for buying bitcoins specially when a recent festival has occurred.
I often buy bitcoins because I love gambling with bitcoins and I have to give no verifications and all if I somehow win other than that I buy bitcoins when I get my salary and I have no financial commitments made to myself.
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December 07, 2016, 08:02:24 PM
 #940

For now I rarely buy bitcoin through bitcoin trading site. apart because of my age do not qualify I also get bitcoin every week of the signature campaign. but once I buy bitcoin I use to gamble almost every day I bought all my friends that I used to gamble

I advise you to quit this addiction.
If you spend these savings for investment - it will be much more reasonable. I buy it for this Bitcoin, because I care about my future
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