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Author Topic: Do people actually buy coins with real life money?  (Read 3888 times)
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November 17, 2017, 05:30:27 AM
 #61

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
what do you really mean?u have research about the bitcoin and ether price and yet you dont know if people reqlly buying coins with that amount?what do you think those traders here where they get thier btc?or ether?of course they bought it with physical money.coz they believe that they will earn profit .and most of the, did.now millionaires
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November 17, 2017, 05:40:29 AM
 #62

Both of Bitcoin and ETH will rise up in long-term. There are many people really wanna buy them. But they don't have enough money. So, they must choose cheaper coins to invest.

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November 17, 2017, 05:43:30 AM
 #63

Yes most of the millionaires these days are doing trade in such way that they buy bitcoins with real life money and when it seems that the price goes high then they sold it out with handsome amount of return.
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November 20, 2017, 08:21:40 AM
 #64

I'm very sure they do. If I am holder of bitcoin, I would rather use my income, extra money, or funds than using bitcoin which is rapidly moving up. There are many of them in exchanges like bitfinex,  bithumb and other large usd-btc exchange sites.
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November 20, 2017, 11:16:59 AM
 #65

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 can see no logic here, why do you think the price of 1BTC or 1 ETH will stop people from investing? you are not obliged to buy a full coin you can jus use the money you want to invest.
But if you mean that with such price, bitcoin and ethereum reached the top then you are wrong and you can ask any crypto expert and he will tell you the same.

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November 20, 2017, 11:20:43 AM
 #66

Yes they do. There are million people still use their own money to buy cryptocurrency especially are Bitcoin and ETH cause they believe that these coin can go to the moon in the near future so it's the best time at the moment for them to invest. Although Bitcoin and ETH price can even reach to higher price like 10k$/BTC or 500$/ETH I believe that there will be a lot of people still use their money to buy Smiley

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November 20, 2017, 11:35:00 AM
 #67

Yes, that is really the process for us to have coins. Sometimes you just earn it online and use that earnings to buy some coins. We buy coins because obviously to sell it in high amount. It is like trading, that we buy coins in a small amount and sell it in high amount. It is really hard to predict what will be the price of a coin because every minute price changing. But it is reallt depend on us on when to buy and sell.
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November 20, 2017, 11:37:14 AM
 #68

Well it depend on how rich you are this might be high for some of us who have been into trading for long but due to the recent growing rate of bitcoin and some altcoin many people who have little knowledge about cryptocurrency are investing a huge amount of money on bitcoin. I have a friend working with a polymer process company who started buying bitcoin 3 months ago. and the minimum he use to buy is 1 btc. bitcoin has become a daily discussion in public places in my country now.
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November 20, 2017, 10:14:50 PM
 #69

I think yes, trading really needs a high profit for you to start in trading so they can gain high profit in return. But trading is very risky you need to give a full attention if you enter in trading world cause trading is like a roller coaster price changes every hour every minutes, so you need to monitor always your coins if it pumps or dump so you could make a perfect buy and sell method.
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November 20, 2017, 11:07:33 PM
 #70

For those who are newbie at trading they will have to get a profit to thier own money to start trading. But for those who have experience here, they get bitcoin from these forum to make their profit in trading
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November 20, 2017, 11:46:03 PM
 #71

Yes, that is really the process for us to have coins. Sometimes you just earn it online and use that earnings to buy some coins. We buy coins because obviously to sell it in high amount. It is like trading, that we buy coins in a small amount and sell it in high amount. It is really hard to predict what will be the price of a coin because every minute price changing. But it is reallt depend on us on when to buy and sell.

I think not all of the people invest their real life money with altcoins, some were working just to earn for it like with bounty campaigns like this. Although we had no proper assurance that the bounty ico campaigns could really provide us successful bounty reward, but the possibility to own a coin without any investments of physical money to purchase coins is there. Most of the people who only think of not working on any campaigns will invest their fiat real life money into a promising and popular coins, but it took a long period of time for them to sell and gain their profit if that coin wasn’t performing very well with its current price pump; well buying demand is very important.
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November 21, 2017, 12:17:35 AM
 #72

Due to the regulation of financial markets for a long time, large capitals did not buy Btc. Now, with the launch of futures trading, financial institutions will have leverage to hedge the risks associated with trading crypto currencies. That will lead to a decrease in volatility, and as a result, an increase in the amount of fiat money pouring into the crypto currency .
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November 21, 2017, 12:23:34 AM
 #73

I know someone who just spends like 1000$ with ease for something I think trivial. For some people, this level of money is still cheap, especially if they think this will be a good investment. They think the price will have a chance to go up. Like people who buy bitcoin at 1000$ at 2013, we think that madness, but look now, it's different if they take the risk.
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November 21, 2017, 12:52:27 AM
 #74

Yes just like me and i believe in technology future, so i keep on investing whatever the price is. like others they buy more so it could help their financial stability. i recommend to buy altcoins while it's cheap..
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November 21, 2017, 02:13:45 AM
 #75

What is real life money? Can you actually answer that question? FIAT money, or paper money as you probably understand it, is worth less than goat shit. Goat shit can be used to fertilize the earth and grow food. Paper money can be printed at a whim thanks to the Federal Reserve being a private organization. How did we let this happen? Because of people like you man, because of people like you. Don't worry, everything's transitioning.



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ohkkstaaahp
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November 21, 2017, 02:15:11 AM
 #76

Yes, in my country, people are concerning about new ICO projects and they're looking to invest in all project that they fell it's potiental.

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November 21, 2017, 02:26:09 AM
 #77

you know why bitcoin price reach that price? It because people that buy Bitcoin with real money. I buy some bitcoin (in little amount of course) every month for long term investment and yes it turns great even just little amount. If it my routine, it will be huge amount someday
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November 21, 2017, 02:37:21 AM
 #78

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

Of course, the cryptocurrency market would have no value then if there is no fiat money injected to it. There will always be people who are willing to invest in high value investments because of the possibility of high returns in the future. Besides, it is not required that someone would be able to buy a coin only by buying a whole of it like buying one ethereum or one bitcoin because he can just buy a portion of it depending on how much he can afford. There are many people who are dumbfounded by the fact people are investing in an "internet money" and a lot are calling it scam but so far I can see that investors are happy with the returns and some even become millionaires because of it.

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November 21, 2017, 02:52:01 AM
 #79

You  don't necessarily need to buy 1 whole bitcoin to invest. You buy with any amount you have and start earning from there. Bitcoin will still rise so now would be a good time to get some.

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November 21, 2017, 02:59:28 AM
 #80

I think there are already a lot of people who bought BTC. I have checked the exchange rate today and it has drastically increased from when i checked it last week. I would invest even a small amount if i were you.
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