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Author Topic: Do people actually buy coins with real life money?  (Read 3892 times)
justdimin
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December 05, 2017, 05:42:04 PM
 #121

Now I have more means to earn Bitcoin, so I don't really buy anymore. But I've bought when it was under 1000$, although back then people were asking the same question "isn't Bitcoin too expensive to buy?".
It's always too expensive if you don't afford to put away some money for investing. If you afford to join this, keeping in mind that Bitcoin was always said to be a "high risk investment", it's not too expensive, given the promised return (some say it'll reach 1 million USD in some years).

And you don't have to buy an entire Bitcoin. 0.1BTC or even 0.01BTC is also not so bad.
Right! That is one question people will always keep asking even in the long run until probably bitcoin reaches its peak which no one knows. I remember early this year when people were asking the question you stated and looking forward to a crash from $1000 only to find out that they have messed up totally and still, ended up not buying till now.

This is an investment and anything can happen, waiting for some perfect moment will always make one to miss the present one. People who are smart and have the bucks to buy still do every day, while those who do not, find ways to earn.

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December 05, 2017, 06:49:00 PM
 #122

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, no doubt about it. Speculations that bitcoin will reach 20K$ next year will encourage buyers even more. I myself make sure to save part of my monthly income  to buy btc. which I think is a good practice. I think as long as people think it's good investment, I think people will continue to buy bitcoin even from their own pockets.
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December 05, 2017, 07:00:57 PM
 #123

that is the same question many people ask in this forum when bitcoin reach 3k$ and eth reach 300$. They always put their real money into coin my friend

wxa7115
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December 05, 2017, 10:27:04 PM
 #124

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
It depends on the person, some prefer to buy since they do not have the time or do not know how to earn bitcoin and since they have a lot of money that is a good option for them, but for any of us buying a bitcoin is not something we can do anymore, I do not have anything close to the money needed to buy a full bitcoin and that is why some people prefer to earn it instead.
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December 06, 2017, 12:30:50 AM
 #125

In my personality I always buy these cryptocurrency (BTC &ETH) when I have free money, at the moment portfolio of my money 80% in crypto and 20% in fiat, because I believe these crypto will be bigger day by day.

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December 06, 2017, 08:07:01 AM
 #126

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 think will be used to buy them? It's always money, there is a saying "you use money to get more money". Then, one Btc is $6000,but now it is over $11k, and it is still going high and alot of people are coming into crypto investments. Investing then would have been better than now, cause now is double of then.
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December 07, 2017, 04:07:48 PM
 #127

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.
Funny enough, choosing cheaper coins may not really be that helpful as it is a whole lot more risky and may not even give you what you want compared to what bitcoin will give you if you decide to put the same amount you bought into bitcoin.

$5 of bitcoin early this year would have been worth $40 or more by now which is something everyone should note that, you do not have to buy as much as 1BTC before you get in and you have chances of bitcoin to keep growing largely than any other altcoin which you are not even sure of.
Indeed now all the mostly users are using their own currency and are buying bitcoins for future because now they sure that the rate is increasing in future also because big investors have start investing in bitcoin and they can make more money by now buying bitcoin and can hold for a future.
kodes88
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December 07, 2017, 05:05:23 PM
 #128

So what else can we buy coins besides money? Is it by car? Or with kidney? The price is high, but it's up to each to buy coins or not. No need to force to buy if it can not afford. No compulsion for that. You are the one who decides to buy or not.
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December 08, 2017, 08:43:18 AM
 #129

It is possible that people buy coins with real money when he or she is only just starting a trading,  we must have an profit before entering into trading. But some people dont use real money to start it.  Many some of them there money came from campaign which is their salary.
People do every time and if they do not, there is no way the demand is going to keep increasing. Does the OP think the demand is increasing because of those who are earning. Not at all! The reason why we see some huge spike and huge demand is because people are buying with fiat.

Coinbase and some other exchanges with fiat to BTC has had some huge number of growth in user base for a while now and that shows that people are buying every day and new investors are coming in.
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December 08, 2017, 08:57:54 AM
 #130

i know some of people who buy real money in bitcoin my cousin and my aunt now the amount of the money they bought from bitcoin was triple of it's amount...i still don't know what is the process they do because i don't asked them i just listend to them while they were talking..
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December 08, 2017, 09:27:06 AM
 #131

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, people like me use real money to buy coins. I actually started out in investing on etherium and it worked really well for me. After that, I tried joining in campaigns because those are one of the most popular means of earning coins. Until now, I keep on doing both since trading is not really much of a work, all I do there is wait and be patient.
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December 08, 2017, 10:17:02 AM
 #132

yes, that is how everyone started isnt it. I know of people who invest regularly with their savings, just like regular savings plan. also people who invested with real cash, when prices rise, take out capital and just let the profit roll. with so many coins around, only invest in those with good tract records though.
Not everyone started using fiat money to have bitcoins. I for example, started with no capital at all. I didn't even invest my money to bitcoins. I just started by joining bounty campaigns here on this forum and then I just convert those tokens into bitcoins. That's how I got my bitcoins.  Smiley
Yeah, so many people started on freelance websites, and most people on this forum had to earn it. The good thing about the idea of earning though is that if you have good skills, you can be earning a lot passively, and if you have other jobs you do offline to earn and you save most of your bitcoin, you had be surprised how much you would end up being worth at the end.

Still, that does not mean people are still not buying with fiat but with respect to @ngelcryptopia, not everyone started out buying immediately.
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December 09, 2017, 05:21:32 AM
 #133

Yes,my aunt just bought bitcoin with real money, $200 to be exact last november. And it already double the amount this time since bitcoin value has increased. If only i have the fund I won't hesitate to buy bitcoin too because I really believe bitcoin is a good investment.
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December 09, 2017, 05:30:29 AM
 #134

Yes,my aunt just bought bitcoin with real money, $200 to be exact last november. And it already double the amount this time since bitcoin value has increased. If only i have the fund I won't hesitate to buy bitcoin too because I really believe bitcoin is a good investment.
Of course we did. What did actually we use without the paper money? Is it bitcoin itself, it's no! We nee the real life money where we can do transactions with bitcoin. Actually, we need first paper money before buying bitcoin.
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December 09, 2017, 06:49:53 AM
 #135

Well why not? There's nothing wrong in using fiat to buy and it's actually the first thing to use in buying coins. I used to buy bitcoin using it, I deposited money to my wallet and convert it to bitcoin and it's really hassle free. But I have a friend that didn't actually buy his first bitcoin as he earned it through faucets, and that actually surprise me so I tried it out and my bitcoin grew.

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December 09, 2017, 06:54:10 AM
 #136

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
Now people give 16000 $ dollars per bitcoin, so i think that when the price increase - people start buying more and more..
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December 09, 2017, 07:58:14 AM
 #137

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
Now people give 16000 $ dollars per bitcoin, so i think that when the price increase - people start buying more and more..
Because they also wanted to join the ride after seeing how profitable this investment become, even its already high in value but the possibility
to make much huge gains when placing your money inside that's the reason behind why even the value keep rising people still find time to invest
and hold bitcoin for much better value after some years.
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December 09, 2017, 11:03:58 AM
 #138

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
It is really very affordable and at least less risky for those who are willing to just go the lower risk way since it is something earned and the value increase alone over the years for those who started on this thread a long time ago and have been able to earn something good from signature campaign has really made it worthwhile at the end.

I remember the value sig campaigns like fortune jack started with back then weekly and imagine what those who have been with FJ and the likes of them over the years be worth now.
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December 09, 2017, 11:30:14 AM
 #139

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.

Why not? if you will call your bitcoin or ethereum coins an investment then you need to be ready to break the bank regardless of the price .

Quote
I mean how often do people buy crypto currency like ETH and BC
Wouldnt say often but people do buy these crypto currencies including myself, somethings you just need to give up somethings to afford the cryptocoins.
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December 09, 2017, 12:11:51 PM
 #140

Yes. I buy bitcoins almost every month with my saved money. It's my alternative for banking.
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