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Author Topic: Do people actually buy coins with real life money?  (Read 3941 times)
h0lybyte
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December 19, 2017, 08:32:26 AM
 #201

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC
For some people like us, $2000 is a lot expensive but for big traders, it is nothing. They can obtain bitcoin even at the rate of $100,000.
Bitcoin is not free, so byers must spend their real money to achieve some amount of bitcoins. Many traders have bought it when it was $9000/bitcoin.
Others are now buying, they know if bitcoin reaches $40,000, they might earn good profits. The more you buy, the more will be profit
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December 19, 2017, 08:43:04 AM
 #202

It depends on the trader, investor or holder. I still buy bitcoin even today because I see profit out of it and trade some of it for altcoins.

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December 19, 2017, 08:59:11 AM
 #203

Most of the traders,investors buys BTC when they have extra money. Yes they do actually buying digital money in exchange over fiat. Many allocate their real money in buying altcoins and then exchange for BTC. As of today the price of bitcoin still surges and many of the new investors are facing a hard time, because its value is not a joke anymore.
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December 19, 2017, 11:03:10 AM
 #204

If someone don’t understand what is coin and how can it buy so they don’t understand how to buy coin. If people need coin and they must use his real money other wise he don’t purchase any amount of coin. It is a part of life with real money if people want to buy coin. So we can say 100% use his real money for buy any amount of coin.
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December 19, 2017, 11:09:24 AM
 #205

Yes, infact a lot of people are buying the coin, it is the easiest and fastest way to get the coin and to get profit, a lot of investors start from buying coins, not by collecting faucet or earning it, they are using coin to earn more coin
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December 19, 2017, 11:30:00 AM
 #206

yes of course people buy bitcoin with fiat money specially those who want to gamble , trade or invest because not all the time they had bitcoin to do they want with their bitcoin , unless you have bitcoin from your campaign or from your saving . like me i already bought bitcoin from my real money way back 2015 because that time i believe that bitcoin will raise.
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December 19, 2017, 01:37:32 PM
 #207

Yeah it is the only way to earn a lot of money, since you need money for trading. But you can also join bounty and work for ICO and cryptocurrency project and get pay in Bitcoin. You can also spend haft of your montly income to buy cryptocurrency. Most of my friend bought Bitcoin with real life money because they are rich. It is alway like that in trading you alway start with something even 1usd.
It is a good advice for starting, but the part where you said that to purchase bitcoin with fiat currency, one has to be rich enough. I don’t totally agree with this part of the comment, because you don’t have to be a wealthy person to invest in the bitcoin, rather you have to be the one who knows the bitcoin to the bits. If yes, you can get the partners even from your own town. But this is possible if you really convince the investor by dummy account.

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December 20, 2017, 02:40:05 AM
 #208

In my personality because i love crypto 90% of all my money i put on Bitcoin and Ethereum because i believe cryptocurrency will bigger day by day.  And every i have free money i will buy it more and more for long term investment. Although the price of bitcoin  are now very expensive but the price can still rise several times because Bitcoin just like internet will be more people know and buy it.

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December 20, 2017, 03:19:23 AM
 #209

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

I've been doing this frequently. I don't have another option. Provide small budget from my pcoket and keep buying the best ones. This is what you said, valid for me.

I do this once a week or 4 times a month.


Actually, yes. I am one of it who buys bitcoin with the actual money I had. But I need to convert it as an electronic money then convert it into bitcoin. My bitcoin is still very small. It is not yet reach to 1 bitcoin. I want to make it reach to 1 bitcoin because I know in the future, I can gain from it and if I will have bigger profit then I can give some of my money to my family.
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December 20, 2017, 05:19:04 AM
 #210

Since when is the real life money real money? It is created digitally in the computer of the banks and has nothing to do with the real life as it is even not backed with real assets! Fiat money is an illusion that is backed by enforcement laws and nothing more. Crypto currencies are surely more real than the fiat money as people buy or create it voluntarily and not because they are forced to use it by laws.
Another reason for that is that people have been deceived by governments to think the money they use is real, the ignorance related to that subject is incredible sometimes I ask people how do they think the economy of the world works, and the responses I receive most of the time reflect an ignorance and lack of knowledge and that is why we have people that accept the fiat system.
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December 20, 2017, 05:36:39 AM
 #211

Most of the place coin it not accept. Coin will be not accpet the country leagl way. So it will not accept shopers. So that the reason people chenge the currency. It will easy to change. But you will k know the traging process coin address is to risk. So you will careful to add the addres for the transaction process. If need to process. You will know the coin process. Then you will trage the coin. But coimg future bitcoin will be accept the all country the people will be use and shopers will accept the any purchaes.
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December 20, 2017, 06:16:03 AM
 #212

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

yes it should be so if we want to trade bitcoin without spending original money how can trading? we must have the capital first to be able to start trading bitcoin.

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December 20, 2017, 06:46:48 AM
 #213

bitcoin and ETH price still climbing up until today even they are very expensive now but as you can see their statictics at coinmarketcap that market support for these coin still high which mean the demand for them clearly high for each day so i think yes that people still buy bitcoin and ETH now but the difference maybe you need a lot of money to buy 1 btc

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December 20, 2017, 06:57:34 AM
 #214

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

yes it should be so if we want to trade bitcoin without spending original money how can trading? we must have the capital first to be able to start trading bitcoin.

Well first of all you don't necessarily have to buy 1 etc or 1bcc to get. Just buy the equivalent value for whatever amount you're willing to invest. Traders start out that way and slowly work their up until they get to 1 or more full coin.

 
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December 20, 2017, 07:13:56 AM
 #215

I buy bitcoin every month with half of my salary! I have been doing this for last four years and this habit of mine has afforded me opportunity to buy my own house change my car and buying more asset!


wow that awesome, i hope someday i can buy my own house and car too.. Cheesy bitcoin can really give you a good life as long as you know how to work on it...looking for a good future in bitcoin someday. Cheesy
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December 20, 2017, 07:14:54 AM
 #216

Most of the place coin it not accept. Coin will be not accpet the country leagl way. So it will not accept shopers. So that the reason people chenge the currency. It will easy to change. But you will k know the traging process coin address is to risk. So you will careful to add the addres for the transaction process. If need to process. You will know the coin process. Then you will trage the coin. But coimg future bitcoin will be accept the all country the people will be use and shopers will accept the any purchaes.

I dont know what you are trying to say dude, but it sounds like you dont understand what is being discussed here. Your long post does not even answering what is asked by the thread starter. Read it again what is the main topic here then you may answer it in a better way.

Back to topic, it is true that the recent bitcoin and othet major coins like eth or ltc are so expensive for most people including me. But as we all know, we dont need to buy a whole 1 coin because we can buy as we want on some exchanges. Most real traders no matter they are big or small trader are always start to buy coins with their real life money that they earn from their job.


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December 20, 2017, 08:16:21 AM
 #217

Very high bitcoin value to date this of course can be a measure that many people who buy BTC from the results of his work in the real world. I think many people who want to do that is by making BTC purchases with the results of his work in the real world because it is doing a bitcoin investment activity is a very profitable activity. even now I've set aside a few percent of my real-world salary to buy BTC and I do this because I'm pretty sure that bitcoin is a great asset. this is proven when I can now buy the necessities of my life that I have gained from an advantage in investing bitcoin.

 
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December 20, 2017, 08:24:54 AM
 #218

yes, it's possible to buy coins with money because the bitcoin purchase is just like buying a coin just hold it and you'll get hold of coins, altcoins or tokens so it's better to buy it but the usual way They have to earn and participate in different campaigns to earn a great deal on my bitcoin as its price rises depending on the other coin as the buyer buys it fast too fast.

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December 20, 2017, 08:26:29 AM
 #219

I knew some people who did. It is not really necessary that you need to buy exactly 1 bitcoin or 1 eth if you do trading or to invest. You can actually buy just how much available you've got and converted into bitcoin even if it is not exactly 1 btc.
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December 20, 2017, 10:44:42 AM
 #220

i think all of investors who want to invest in bitcoin is used real money to buy it through exchange site
I think this is not a suitable question to ask. Like you said this is so obvious and this asking person should use his common sense. I think these questions are only for making some posts and then regulating it for a long time. Everyone uses money and everything is bought with this fiat money. This is quite clear and authentic thing that shouldn’t be ask at such a platform.

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