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Author Topic: Do people actually buy coins with real life money?  (Read 3888 times)
emmybd
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March 12, 2018, 06:16:19 AM
 #401

Majority of them may be not and it is not easy to buy cryptocurrency with real money everywhere. I prefer to get cryptocurrency in other sources. I don't buy with real money.

19faraon88
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March 12, 2018, 06:34:00 AM
 #402

Here In my country, we should used our money to buy coins or any coins we want. In answering How Often??..For now, I spend only 10% of salary to buy bitcoin every month. But I like to increased it up to 30%.
burner2014
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March 12, 2018, 06:49:53 AM
 #403

Here In my country, we should used our money to buy coins or any coins we want. In answering How Often??..For now, I spend only 10% of salary to buy bitcoin every month. But I like to increased it up to 30%.
Yes we are actually buying coins though our local currency especially when we saw something especial about that certain coin and we've seen a potential value about it, so why not if you really like to earn then you have to take risk and sacrifice your own money for that.
last7minutes
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March 12, 2018, 01:47:48 PM
 #404

Majority of them may be not and it is not easy to buy cryptocurrency with real money everywhere. I prefer to get cryptocurrency in other sources. I don't buy with real money.

I know many guys, who spend fiat money to buy cryptocurrency. I do it as well, but not always. This is the fastest way to get crypto - why not use it?
katarin2030
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March 12, 2018, 02:27:18 PM
 #405

Majority of them may be not and it is not easy to buy cryptocurrency with real money everywhere. I prefer to get cryptocurrency in other sources. I don't buy with real money.
Yeah it is a difficult process to buy bitcoin by real money or fiat but still many people buys bitcoin by using real money. Ways are there to buy it but need to invest lot to buy 1btc instead of that working in campaign can earn btc.
Borisb52
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March 12, 2018, 03:01:11 PM
 #406

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 buy bitcoins and etherium constantly. After all, you do not have to immediately buy one bitcoin or one etherium. You can buy a piece of bitcoin or etherium. Nobody forbids you to do this.
maria0202
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March 12, 2018, 03:11:00 PM
 #407

Yes people r buying coins with real money cause u can make huge amount of money from those coins.
nelmari
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March 12, 2018, 03:18:36 PM
 #408

Yes there are still people who buy coins with real life money, but they would have to process them through some exchange site to buy coins. I know a lot of people in my country who does this, even keeps buying bitcoins and ethereum when the market is red. And I think its fine because they do that to invest their savings money.
Moiyah
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March 13, 2018, 07:52:44 AM
 #409

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

How often? Maybe if people (with knowledge of eth and btc)can afford as many as they can, then they will. With real money of course. I believe they will take the risks knowing the possibility of giving back their capital with high profits.

Actually, im still saving money from some sig. Campaigns to invest in such coins. If it's a will to reach 1 bitcoin then I will not hesitate to buy such altcoins like eth. With it's promising potential. There's no possible to reach a goal, just be positive .
oacorewsoni
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March 13, 2018, 07:56:37 AM
 #410

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'm not sure I understand the question. I mean is it impossible to buy a part of BTC or ETH?
richjohn
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March 13, 2018, 08:14:52 AM
 #411

Obviously people do that. I did the same too initially and so did my friends. A lot of people lost their money when BTC started falling from the 20k mark. So yes, no matter how high the price is, people pay it.
smoothenough
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March 13, 2018, 08:15:30 AM
 #412

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

They do... also you can use E-Wallets to get some coins from certain companies.
thelma987
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March 13, 2018, 08:36:57 AM
 #413

Yes, people do buy coins with real money, some even deduct a particular amount from their monthly earnings to purchase these coins. No matter the rise and fall in price of the coins people still invest heavily in them being optimistic that they will all get good profit.
Joemzz31
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March 26, 2018, 06:35:38 PM
 #414

Yes, that is true through modernization many people can buy electronic money in the real life using local currency. Through this they provide convenience in all people in field of investment.
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March 26, 2018, 06:39:39 PM
 #415

Actually I know many people who are buying bitcoins even the price is very high. Some have even put their life savings into bitcoin because they are convinced that in short time they can earn big sum. With increased number of users and high price many people who don't know much about cryptocurrencies entered the bitcoin community and some of them are ready to invest huge amount of money without even knowing the market. But not all of them at the end will make the profit.
Believe me, if a person studies nature and we also had projects that interfere with investing our own resources, then we must get at least some profit. It is necessary not to throw money away, but to invest only in promising projects.

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Prodigye
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March 26, 2018, 06:47:13 PM
 #416

Yes people do spend fiat currency on cryptocurrency, they don't always buy a whole BTC or ETH they can buy 0. something of it with spare money.
loraalbert
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March 26, 2018, 06:51:50 PM
 #417

In the past, paypal and webmoney or some other can be bought with cash. Right now, I think that is real and very clear. This problem is even more prevalent. We can see they sell tokens on some items here. I still buy some cards from my friends with usd.
djselery
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March 26, 2018, 07:07:19 PM
 #418

There are many exchanges offering the possibility to buy/sell BTC and other coins with fiat currencies, and we can see easily that a lot of people around the world keep buying this crypto currencies with their real money money. The starters with crypto world haven't hold many coins to use it for trading purposes, they have to use their fiat money at least in their first trades.
DanielRR1997
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March 26, 2018, 07:23:28 PM
 #419

Similar to stocks you can buy a small piece of many, or go all in one two to three coins. The top three coins are Bitcoin, Ethereum, and Litecoin. You can buy these on Buy/Sell Digital Currency - Coinbase. There are other brokers that allow you to buy many other coins. However, to buy those other coins you’ll have to exchange Bitcoin, not dollars.
chel0
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March 26, 2018, 08:51:46 PM
 #420

Yes, like me, other people do buy bitcoin using fiat money. Through coins.ph, a financial services platform, you can buy and sell bitcoin bit by bit with your extra money. You just have to cash in any amount you would like to any available banks then you can convert it to bitcoin anytime you want. I am doing this for almost 2 months and I'll just hope and pray that bitcoin price will skyrocket at the end of this year.
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