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Question: What was your INITIAL motivation to buying Bitcoin?  (Voting closed: July 29, 2017, 02:16:37 PM)
I wanted the government's hands off my money - 3 (5.8%)
I wanted nothing to do with banks - 3 (5.8%)
I just wanted to make money - 22 (42.3%)
Option 1&2 - 6 (11.5%)
All of the above - 8 (15.4%)
Other(Please state on the comments) - 10 (19.2%)
Total Voters: 52

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Author Topic: What was your INITIAL motivation to buying Bitcoin  (Read 2613 times)
surix
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July 24, 2017, 07:58:21 AM
 #61

To be honest, I tried to dig out when was my first purchase of bitcoin and I found it here:


My purpose? Just for fun... I really didn't think it will become so big today.

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safari88
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July 24, 2017, 08:33:58 AM
 #62

first I see the high price of bitcoin in 2013 when it reaches $1100. I am wondering with this coin why have high prices. then I find out and I finally got motivated to get it.
 

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KrakAJAX
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July 24, 2017, 08:41:16 AM
 #63

With the few places accepting bitcoin still relative to the whole industry I would think most peoples motivation would be to buy and hold rather than aquire bitcoins to make a purchase. Unless I guess they were dealing with a darkmarket. I bought and hold since many years back.
k@suy
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July 24, 2017, 08:44:18 AM
 #64

Motivation? I think because of this high return in the future. But I only buy with my spare money. Also, I buy bitcoin to used it to buy some stuffs on the net.Used it also to pay my bills online.
SkyjetCrew
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July 24, 2017, 08:47:00 AM
 #65

The motivation was the need to secure a future. I started using bitcoin, because I want to get rich with him and not work. I really like anonymity, decentralization and a good price increase.

User365
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July 24, 2017, 08:50:44 AM
 #66

The intial motivation was 1&2, for a long time this was the only reason. Now I decided to buy a few miners and there was the motivation of making some profit.

Furthermore I am looking into altocoin right now, not because I dislike bitcoin but because I am interesed (maby buy some rigs)

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btc78
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July 24, 2017, 08:58:44 AM
 #67

I think for me the reason why I initially go to bitcoin because I wanted to earn money from it. I'm reading around the forum that bitcoin is the best investment specially if you are just to hold it for long. And I think most of the community here would agree to me that this is also their motivation.

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July 24, 2017, 09:01:57 AM
 #68

My main reason for discovering Bitcoin and using it was o hide my money from banksters. So it is option 1. Hopefully it turned out that it can make my money grow, this is how I turned into an holder, but that was not the primary reason.
soham
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July 24, 2017, 09:10:45 AM
 #69

I would like to find out what initially attracted community members to bitcoin.

My initial intention was to make money. I was an active online earner back in 2008-09 but later joined a day job and stopped online activities. However, after a long time in 2015, I came back to online world and started with bitcoin. I read many articles about bitcoin before I started so I though to give it a try because it sounded interesting.


   
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July 24, 2017, 09:40:02 AM
 #70

i've heard of bitcoin way back in 2012, i didn't havr any interest on it at first since i was also investing money on the stock market and a bitcoin wallet is not yet available in my country, i decided to sudy it first and earlier 2017 i started to invest on bitcoin since wallet is already available and is tested to be secured, i did regret the time i had no wallet since before that, bitcoin was really cheap and now its value is higher than what i expected.
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July 24, 2017, 09:52:55 AM
 #71

My initial motivation to buying bitcoin because i see bitcoin over $1000 in 2013. When prices fall after that time, i think it will come back in future.
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July 24, 2017, 09:56:53 AM
 #72

I don't have any motivation in buying Bitcoin, But what I have is a motivation in which I hold it as some sort of investment. I hold the Bitcoin earnings I have in my wallet in which I personally think that it will grow. Right now I have about .08 Btc in my wallet which is not much but by the power of investing I know that it will grow. Motivation is only one part of you in investing Bitcoin there are so many factors affecting it either good or bad like panic selling, ambitions, and other good news.

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July 24, 2017, 10:34:38 AM
 #73

I have mentioned others because i started to collect bitcoin using faucets and it turned to be going to altcoins and then for buying altcoins or trading started buying bitcoin.
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July 24, 2017, 10:39:57 AM
 #74

I was in love with this technology. I came here regarding my business of domain name reselling as I had few bitcoin related domain names and buyer offered me bitcoin instead of Paypal (as it was the first time I was using bitcoin) it made me realize that how faster and cheaper it is as compared to that of fiat system and that was first bitcoin transaction. Yes, I love profit too but I prefer technology when it comes to mention the moments of pride.
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July 24, 2017, 10:54:14 AM
 #75

I motivate about bitcoin,it is future currency,easy to transfer,we can exchange to cash anytime.no need to depends on the government,no need to pay the processing fees for banks.it gives good profits for trading.
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July 24, 2017, 12:13:39 PM
 #76

My initial motivation if I would confess is to make more money based on what I have read on the internet and not because I hate banks or government because even though I hate the way its being run, I still don't have anything to hide to warrant my decision to then go into bitcoin. However, my hope of getting rich quick was quickly substituted when I get to really understand how it works normally aside the paparazzi of the media.
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July 24, 2017, 12:31:34 PM
 #77

I would like to find out what initially attracted community members to bitcoin.

I got interested with bitcoin because of its equivalent value against dollar. I always wanted to invest but cant do so in stock market because the minimum share requires a quite large amount of money. Then i was introduced to bitcoin and cryptos. Seeing how it can grow over time and how good it is for a long term investment without as much money required as of stocks, i got hooked. You can acquire bitcoins through a lot of different ways without spending money. Also, i got interested in the trading. I always wanted to know more about trading. I wanted to know when and how to sell or hold coins, where to invest, and many more. Investment was and is my pure motive.
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July 24, 2017, 12:34:19 PM
 #78

It just seemed cool, nothing more really. Then I realized I could make some money off it, but then it was too late.

who cares
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July 24, 2017, 02:20:35 PM
 #79

A friend showed me his profits when investing in Bitcoin, it was a fascinating, enormous profit, which was hard to find from a normal person in my poor countryside.
The thing that appealed to me and motivated me to buy bitcoin
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July 24, 2017, 08:46:48 PM
 #80

A friend showed me his profits when investing in Bitcoin, it was a fascinating, enormous profit, which was hard to find from a normal person in my poor countryside.
The thing that appealed to me and motivated me to buy bitcoin

Yeah, we were all motivated by the monies our introducers were making from Bitcoin and we thought of making some too from our end even though it was quite late but for me I'm happy I joined at the time because I've started making dividends.
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