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Author Topic: Why do you buy Bitcoins?  (Read 66620 times)
zikel
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January 25, 2017, 08:08:51 PM
 #1181

Bitcoin seems to have varying price, which is not found with other currencies. Even for just holding within the wallet the variation happening in relation to time benefits us. For this reason I used to buy bitcoin often with the small amount that I can afford expecting the small saving to help for big deeds in the future.
Yes that is the reason because of which most of the investors invest their money in bitcoin and most of them have got a good profit by investing their money in bitcoin but some people have adopted bitcoin because it is a worldwide currency and with its transaction people do not waste much of their money in paying the fees in transactions.

Everyone finds in using Bitcoin something important to him.
Personally for me the important thing is that the Bitcoin is very good to use for long-term investment. That's why I'm buying Bitcoins.
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January 25, 2017, 08:15:47 PM
 #1182

Bitcoin seems to have varying price, which is not found with other currencies. Even for just holding within the wallet the variation happening in relation to time benefits us. For this reason I used to buy bitcoin often with the small amount that I can afford expecting the small saving to help for big deeds in the future.
Yes that is the reason because of which most of the investors invest their money in bitcoin and most of them have got a good profit by investing their money in bitcoin but some people have adopted bitcoin because it is a worldwide currency and with its transaction people do not waste much of their money in paying the fees in transactions.

Everyone finds in using Bitcoin something important to him.
Personally for me the important thing is that the Bitcoin is very good to use for long-term investment. That's why I'm buying Bitcoins.

I think most people who are buying Bitcoins now are doing this because the long-term investment opportunity. I'm one of them, but I'm not using Bitcoins only because of it. I like to have the possibility to gamble online with Bitcoins, as it's forbidden in my country or very complicated to gamble in official casinos, need to had credit card, and it's not possible to bet so low like when betting with satoshis (since 1 satoshi per bet). It's a good way to earn money online too very simple, without the needed to use nasty services like Paypal...

 
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January 29, 2017, 12:13:14 PM
 #1183

i don't buy i earn directly, but i can buy more with the discount that i get when i purchase items with purse.io

you can actually have free bitcoin on purse.io, if you think about it, and if you're lucky with big discount

For us to earn bitcoin directly, we can only do that by doing free faucets, or play games on which you can earn bitcoin while playing the games or captcha. Something like, Lastly, participating in the signature campaign.
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January 29, 2017, 12:27:19 PM
 #1184

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?

why buy a bitcoin, because of the investment and trading business, will I sell / buy according to the needs and circumstances of the market which is important to increase revenue.
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January 29, 2017, 02:12:11 PM
 #1185

my main purpose to buy bitcoin is that i think it is the best investment..... the way it is growing it price this will attract many organizers to invest in it.....

Most of us had the same reason for why we are buying bitcoin. And because of the fast fluctuation of bitcoin price in sometime.

It is good to take that opportunity and by bitcoins as a real investment and it is making it the best because we don't need to do hard efforts for it.

By just simply holding it for a longer time, we had chance to earn.

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January 29, 2017, 02:19:51 PM
 #1186

I started to  buy bitcoin purely as an investment. But now as I learn more, especially from this forum, I see it really as a good innovation. So I hope it will grew big enough to be able to compare to paypal or any other internet paying option.

now a days, you can compare bitcoin to paypal and other internet option, you can use it to buy online, shop things online and so on. also bitcoin can be used in physical stores that paypal cant do. paypal only used on online shops. but bitcoin can be used also in real shops. it can be also used in paying bills and others.
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January 29, 2017, 02:53:04 PM
 #1187

I started to  buy bitcoin purely as an investment. But now as I learn more, especially from this forum, I see it really as a good innovation. So I hope it will grew big enough to be able to compare to paypal or any other internet paying option.

now a days, you can compare bitcoin to paypal and other internet option, you can use it to buy online, shop things online and so on. also bitcoin can be used in physical stores that paypal cant do. paypal only used on online shops. but bitcoin can be used also in real shops. it can be also used in paying bills and others.
there is a lot of websites and tools which will allow you to pay bills and top up your mobile phone with paypal, and bitcoin is still not being used for public stores, maybe few places in first world, Like america and UK. but in world wide it will still take a lot of time to be accepted,
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January 29, 2017, 03:16:36 PM
 #1188

Bitcoin seems to have varying price, which is not found with other currencies. Even for just holding within the wallet the variation happening in relation to time benefits us. For this reason I used to buy bitcoin often with the small amount that I can afford expecting the small saving to help for big deeds in the future.
Yes that is the reason because of which most of the investors invest their money in bitcoin and most of them have got a good profit by investing their money in bitcoin but some people have adopted bitcoin because it is a worldwide currency and with its transaction people do not waste much of their money in paying the fees in transactions.

Everyone finds in using Bitcoin something important to him.
Personally for me the important thing is that the Bitcoin is very good to use for long-term investment. That's why I'm buying Bitcoins.

I think most people who are buying Bitcoins now are doing this because the long-term investment opportunity. I'm one of them, but I'm not using Bitcoins only because of it. I like to have the possibility to gamble online with Bitcoins, as it's forbidden in my country or very complicated to gamble in official casinos, need to had credit card, and it's not possible to bet so low like when betting with satoshis (since 1 satoshi per bet). It's a good way to earn money online too very simple, without the needed to use nasty services like Paypal...
Yes I am also using bitcoin for my investment but it is not my main goal for the adoption of bitcoin I have adopted bitcoin so that I start my freelancing work and to transact my money to any part with lowest transaction fees and from that my goal expand more. I short I will say that every user of bitcoin came to adopt bitcoin for a single benefit and after fully knowing about bitcoin now they are taking many many benefits.
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January 29, 2017, 10:27:53 PM
 #1189

Bitcoin seems to have varying price, which is not found with other currencies. Even for just holding within the wallet the variation happening in relation to time benefits us. For this reason I used to buy bitcoin often with the small amount that I can afford expecting the small saving to help for big deeds in the future.
The high volatility is the only reason i am interested in trading in bitcoin and i am earning a good amount profit with the investments i have made in the past one year.The volatility allows you to purchase the coins at bottom with every correction and allows you to sell at a good price on the bull run.
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January 29, 2017, 10:41:50 PM
 #1190

I bought some bitcoin to earn through the internet to invest in some sites,try some trading ,
And to save some money I mean it is hard for me to save it when I actually have it in my hands.

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January 29, 2017, 10:50:27 PM
 #1191

Well at first I bought it for personal use to register and pay for some online account like my name refer ,
but then I found out that I can use it to earn online so that is why i'm still buying some until now.

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January 29, 2017, 10:58:56 PM
 #1192

I started to  buy bitcoin purely as an investment. But now as I learn more, especially from this forum, I see it really as a good innovation. So I hope it will grew big enough to be able to compare to paypal or any other internet paying option.

now a days, you can compare bitcoin to paypal and other internet option, you can use it to buy online, shop things online and so on. also bitcoin can be used in physical stores that paypal cant do. paypal only used on online shops. but bitcoin can be used also in real shops. it can be also used in paying bills and others.

That's not entirely true. If you search Google for PayPal in-store payment, then you'll see that it is actually possible to use PayPal in physical stores. I must however note that people don't seem to like it since it's far from convenient. But at least, it's possible for the PayPal addicts. But then again, Bitcoin as payment option isn't that convenient either due to the confirmation times. In some cases it's possible to check-out without any confirmations, but you then need to include a high fee so BitPay or any other payment provider accepts it directly, or else you'll be forced to wait for that 1 confirmation.
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January 29, 2017, 11:09:28 PM
 #1193

I buy bitcoins because its an investment for me and can give me best results in future so whenever I have spare money I buy them in small parts and wait for the price rise so that could sell some of them and grab the profits and save rest for the future hoping that price will touch ATH in coming months.



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January 29, 2017, 11:26:14 PM
 #1194

Well at first I bought it for personal use to register and pay for some online account like my name refer ,
but then I found out that I can use it to earn online so that is why i'm still buying some until now.
That's true , but mostly people come here to bitcoin world at first time for money making purpose
Then they realize that it could used for payment processor too
I guess you have different situation compared to most people experience , it's okay
In the end thise people who think that bitcoin is truly benefical they will keep buying and make bitcoin circulated.
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January 29, 2017, 11:32:24 PM
 #1195

my main purpose to buy bitcoin is that i think it is the best investment..... the way it is growing it price this will attract many organizers to invest in it.....
I also considered that bitcoin is a very good investment because you can benefit in the short term with a very large number, because you can see the price movement of bitcoin is very fast
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January 30, 2017, 12:01:26 PM
 #1196

my main purpose to buy bitcoin is that i think it is the best investment..... the way it is growing it price this will attract many organizers to invest in it.....
I also considered that bitcoin is a very good investment because you can benefit in the short term with a very large number, because you can see the price movement of bitcoin is very fast
Indeed. Bitcoin is too strong and nothing can stop it from moving up. The prices will definitely increase in June due to many reason and it is obvious that 2017 is the year of Bitcoin. If you want to be rich, I suggest you should hold at least 1000 Bitcoin and the longer you hold, the higher profit you can have.





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January 30, 2017, 12:20:48 PM
 #1197

maybe for investment because bitcoin prices stable and tends to rise and many people argue with saving bitcoin you would make a profit and also purchased bitcoin for trading

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January 30, 2017, 12:23:51 PM
 #1198

my main purpose to buy bitcoin is that i think it is the best investment..... the way it is growing it price this will attract many organizers to invest in it.....
I also considered that bitcoin is a very good investment because you can benefit in the short term with a very large number, because you can see the price movement of bitcoin is very fast

Bitcoin is still treated as both short term and long term investment, many people are buying bitcoin because they are treating them it is also one type of investment like gold. Gold will good return when hold them like that only bitcoin will also give good returns when we hold them.
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January 30, 2017, 02:57:23 PM
 #1199

maybe for investment because bitcoin prices stable and tends to rise and many people argue with saving bitcoin you would make a profit and also purchased bitcoin for trading
I think that one of the main characteristics of bitcoin is its volatility, so I wouldn't call it stable at all. Grin No other currency (I don't talk about alt coins) is as volatile as bitcoin. But it doesn't mean it is not good for investment. In a long term, we can see that the price is rising, but in a short term you can loose a lot.. just look at the situation before Christmas. Wink
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January 30, 2017, 03:34:21 PM
Last edit: January 30, 2017, 04:11:15 PM by bestluck
 #1200

maybe for investment because bitcoin prices stable and tends to rise and many people argue with saving bitcoin you would make a profit and also purchased bitcoin for trading
I think that one of the main characteristics of bitcoin is its volatility, so I wouldn't call it stable at all. Grin No other currency (I don't talk about alt coins) is as volatile as bitcoin. But it doesn't mean it is not good for investment. In a long term, we can see that the price is rising, but in a short term you can loose a lot.. just look at the situation before Christmas. Wink
Yeah the price is really not stable but fluctuating which occur in any asset at the early stage of its adoption. But we can aso call it as a stable asset because it is now spread more widely and no one can now say that a time will come when bitcoin will die away. It is stable in the market for its demand. But if talk about the price of bitcoin then it will take the time to come to stability the time of stability will be near when everyone will have adopted it.
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