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Author Topic: Do people actually buy coins with real life money?  (Read 3892 times)
wuvdoll
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December 22, 2017, 08:26:56 AM
 #241

The demand is high. A lot of websites are selling out with fees of 6-8 %. Last year it was only geeks and dreamers who invested, this year is the commoner. People are talking about it everywhere now, its in the media all the time etc. and its very In to say you own bitcoins.
The demand has really gotten huge. Gone are those days when you can just easily register on an exchange and get your verification done within a split of minutes, but now a days it has been a tough one for these exchanges, having to verify a lot of the new users and with the intention of upgrading every now and then as they just keep coming non-stop.
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December 22, 2017, 08:34:44 AM
 #242

Yes, people do buy cryptos with real life money. What else do you think was used to buy crypto currency?
Many people get exited when they observed that BTC price was going sky high and want to go with it. With those with millions of dollars in their pockets its no big deal.
Now that BTC its dumping hard its even more better to start buying it.
astridplomp
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December 22, 2017, 09:03:34 AM
 #243

to my opinion, that is normal action when people have so much money and have not thing to do so they choose to buy cryptocurrencies with their own real money and hold for long term profit, also many transactions nowadays need real money pay in to buy cryptos.

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December 22, 2017, 09:22:24 AM
 #244

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 buy cryptocurrencies with real life money. The answer to this quest is logical.  Will you not buy something that will give you profits if you hold for just a while? Yes, you will.
Buying 1 ETH for $300 is nothing compared to making about $600 when you sell after holding for about 3 months.

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December 22, 2017, 09:35:00 AM
 #245

If you dont wanna spend your real money for investment in cryptocurrency, you also can join into airdrop or bounty programs to get free token. However, you should research carefully before. Because most of them are scam
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December 22, 2017, 10:20:52 AM
 #246

If you dont wanna spend your real money for investment in cryptocurrency, you also can join into airdrop or bounty programs to get free token. However, you should research carefully before. Because most of them are scam
Some bought it through ICO at first and wait for it to goes in exchanges or after ICO they will put it on applicable exchange. Like in bitcoin to be able to buy we need real fiat to convert into any specific coin, having bitcoin at first requires also a real money to have it, it will be the same for other altcoins.
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December 22, 2017, 12:17:45 PM
 #247

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 obviously we have to use our real money in the real world if you want to have bitcoin because bitcoin is a digital currency different from physical money we have to swap it into bitcoin and buy bitcoin first.
coino.org
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December 22, 2017, 01:09:35 PM
 #248

So, what is the reason not to buy BTC end ETH with fiat ? Mostly people do this for investment purposes and others gain it in airdrops, mining, but I bet,that a really big amount was bought with real money. Invest fonds and traders convert $ in crypto on regular basis, that's for sure!
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December 22, 2017, 01:15:27 PM
 #249

If you dont wanna spend your real money for investment in cryptocurrency, you also can join into airdrop or bounty programs to get free token. However, you should research carefully before. Because most of them are scam
Some bought it through ICO at first and wait for it to goes in exchanges or after ICO they will put it on applicable exchange. Like in bitcoin to be able to buy we need real fiat to convert into any specific coin, having bitcoin at first requires also a real money to have it, it will be the same for other altcoins.
People who were not that aware of the ICO and other programs that provide with the possibility to get bitcoin buy bitcoin with the fiat in hands. Lot has given importance to bitcoin as an investment asset, which will get a large scale earning after certain time period.
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December 22, 2017, 01:17:55 PM
 #250

Well of course yes. People actually buy coins with real life money. It is called investing. For me, i buy bitcoin and ethereum because it can be invested. I just wait to sell it when its value goes up,  so i can gain profit.

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December 22, 2017, 01:45:15 PM
 #251

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 have lots of friend that do the same thing like me such as earning crypto. But the thing is I do not know if they used their money to buy some. Well it looks like they did not do it. Like me, they also started in signature campaigns and after earning that is the time they bought some good crypto.
I have a cousin. She ask me how to buy some bitcoin and she is serious about it. Why ? She is so attracted to the high price. She does not know how to earn some so she is just going to buy.

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annango
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December 22, 2017, 01:53:27 PM
 #252

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 knew a person who wants to buy bitcoin using his own money because bitcoin is now has a very high price. I think he is still not aware to eth but I guess once he discovered eth he will also buy some
I don't think so, if a person know bitcoin maybe they also know Ethereum because Ethereum and Bitcoin is the most famous coins of crypto currency world, some is like Bitcoin and believe bitcoin but some is like Ethereum, this depend on investing strategy of every person. For me, i like ethereum more than bitcoin because i see technology of Ethereum is better than bitcoin and it was applied a lot of thing in fact especial is smart contracts which support for ICOs. I believe Etherum will soon reach the price like bitcoin
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December 22, 2017, 02:08:55 PM
 #253


I know people who give much more in real money for BTC, because they have the hope that it will be the best investment of their lives
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December 22, 2017, 08:00:41 PM
 #254

Pretty sure most people on Bitcointalk got their coins almost free with CPU GPU mining back in 2009-2010.

Most likely the retail people that are buying Bitcoin now only buy like $100 worth to play around with it. Most of the surge in price was due to investment firms which bought 8 figures worth.
Yes a lot of people are doing it because they know very well that bitcoin can make their money double and some rich they are investing in a very huge amount of money I know some of the rich people in my country that they are using more the enough money to buy bitcoin when its price is low and then they keep it on hold for some time and when they sell bitcoin with high price so its profit is very high so yes they are buying bitcoin with their real money.
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December 22, 2017, 08:10:43 PM
 #255

BTC is possible and a promising investment, but looking at the jumps and falls in the cost of BTC, some people are beginning to think about efficiency ...

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December 22, 2017, 08:46:24 PM
 #256

Pretty sure most people on Bitcointalk got their coins almost free with CPU GPU mining back in 2009-2010.

Most likely the retail people that are buying Bitcoin now only buy like $100 worth to play around with it. Most of the surge in price was due to investment firms which bought 8 figures worth.

This is not totally right because I know some people here from this forum and they sold all their coins in 2016 and 2017 because they thought prices are amazing. But they missed much greater profits by selling those coins.
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December 22, 2017, 08:47:15 PM
 #257

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, most of exchangers are accepting worlwide bank transfers or a very few like coinbase accept credit cards payments.
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December 22, 2017, 08:47:37 PM
 #258

I used to mine a lot of bitcoins before, i had more than 50 on my wallet, but unfortunately i sold them all because i thought that i did a huge profit when it reached $1200 by the first time. So i sold them out.
So yes, i am still buying bitcoins with "real life" money, and there is nothing wrong with that.
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December 23, 2017, 06:37:50 AM
 #259

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
People actually buy coins with real life money because I had a friend who did it. He was encouraged by some seniors to deal with bitcoin because he saw the capabilities of increasing of its value in the market and now he never regret the fact of buying bitcoins and he was amazed of the value reaching  $18,907.01.
A lot of people are already finding a system they can trust the more than the banking sector and now that things are even getting more crazy, they see a place they can store their funds and even get a better value on it in the long run, so people are really getting into the crypto space and buying bitcoin. Also, considering the level at which most of these exchanges are getting registered and doing a lot of verification every day, the crypto space is about to boom.
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December 23, 2017, 06:42:55 AM
 #260

buy with cash depending on their own, I never buy bitcoin with cash because I get bitcoin from campaign that I follow then I use it for trading
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