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Author Topic: What inspired you to buy BTC?  (Read 773 times)
mahilchii (OP)
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May 04, 2020, 07:10:12 AM
 #1

Well before a decade most of them were not interested to buy bitcoin I feel the only reason could be to stay away from scammers if I am not wrong. People thought they are making fool... And most of them said they may get cheat if some Invest in this coin etc, etc...Now how come the popularity increased and also there were lots of ups and downs in price.

When the value of BTC skyrocketed in 2017 it was the talk of the entire globe, Now guys kindly share me your thoughts what inspired you to buy BTC. Let's be honest to me I want to become rich Grin. What's your opinion.

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May 04, 2020, 08:52:20 AM
 #2

I first bought BTC when i needed to buy goods online. Also, I was thinking about this; if you sold something expensive like a car online what is the best and safest way to get paid? The answer is not Paypal or a credit card, its BTC! Non refundable!

Hoddle long BTC (the mother) and a few others!
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May 04, 2020, 10:50:47 AM
 #3

Hear it from friends late 2016 and then I joined this community in 2017, learn to trade and then slowly make some money out of it. So I say to myself why not, then continue and I was here during the peaked in 2017. So practically it save me financially and just continue to accumulate more and look at the bright sight of making a good profit in the future. So it inspired me to have a greater look financially specially that I have a family to feed and put food in the table. So bitcoin offered a lot, you just have to explore every possibilities it has to offer.

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May 04, 2020, 01:24:04 PM
 #4

Well before a decade most of them were not interested to buy bitcoin I feel the only reason could be to stay away from scammers if I am not wrong. People thought they are making fool... And most of them said they may get cheat if some Invest in this coin etc, etc...Now how come the popularity increased and also there were lots of ups and downs in price.

When the value of BTC skyrocketed in 2017 it was the talk of the entire globe, Now guys kindly share me your thoughts what inspired you to buy BTC. Let's be honest to me I want to become rich Grin. What's your opinion.

I think I found somewhere on the internet some basic information's of Bitcoin. Money that you can mine. So I downloaded core wallet and start mining. Of course I had no ideas what I was doing and did not mined anything.  Found also some faucets and spend few hours doing them.  Next day I checked what I earned a day before and calculate it in USD and saw is a huge waste of time and energy.  So forgot about Bitcoin.  That had to be in late 2012 or early 2013.  I remember when i looked at price chart is looked like I am way late to buy some and get rich fast.

Then in Spring 2014 I looked at it again. Checked my wallet and when calculated how much there is and since price increased a lot I realised that those few hours doing faucets were a very high paid job. Tongue    So that was basically the tipping point for me to start reading more about Bitcoin. And after that it took short time to buy first Bitcoin.
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May 04, 2020, 01:41:52 PM
 #5

The things that inspired me to buy bitcoin is my friends who invite me to buy bitcoin in the year of 2017, so we could gained diamonds in the game of mobile legends, but we didn't know about it is that we could used it as our source of income by investing some of our funds. That is why we started to explore in the surface on how could we earn more in bitcoin and cryptocurrencies, until i find this bitcoin forum to earn cryptos and learn more.

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May 04, 2020, 03:42:04 PM
 #6

If you ask people who already have experience with the halving before, they will want to buy more bitcoin and hold it for the long term because bitcoin price will have a chance to rise high, and they can make a lot of money from bitcoin. But if you ask people who are new in the crypto, then their answer will vary, but some of them will answer because of they read some news that bitcoin will give them a chance to make money.

So let say that person already knows that bitcoin will be increased so high. That person wants to buy bitcoin because he believes that he will make a big profit in the future. I also get inspired to buy bitcoin because I will have the opportunity to make a big profit like other people Wink

 
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May 04, 2020, 06:54:02 PM
 #7

Nothing really inspired me because I never bought any bitcoin during my early days. There was so many ways to make bitcoin for free without working that I was capable of actually mining bitcoin with my laptop, and I actually did it for like half a bitcoin, wasn't too big and wasn't worth much but I was at least capable of doing so.

There was faucets, there was all kinds of opening in bitcoin world that I created some silly websites and even they were capable of being sold to other people, so I can't really say I bought, but I saw that free wide open place and decided to just get in and jumped right in. That is why I was capable of making so much money on my early days because I knew this would blow up and I made my investments accordingly, it wasn't bitcoin I was interested on making money, it was bitcoin people I wanted to make money from.

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May 04, 2020, 07:22:38 PM
 #8

Well before a decade most of them were not interested to buy bitcoin I feel the only reason could be to stay away from scammers if I am not wrong. People thought they are making fool... And most of them said they may get cheat if some Invest in this coin etc, etc...Now how come the popularity increased and also there were lots of ups and downs in price.

Because early on, people really don't understand the concept of bitcoin, that's why only a few is interested on it. But look at those early adopters, many of them are millionaires by now because of getting into bitcoin early and then just accumulate it thru the years and became HODL'ers. So when the price increased overtime, many because curious so the popularity increase overtime.

When the value of BTC skyrocketed in 2017 it was the talk of the entire globe, Now guys kindly share me your thoughts what inspired you to buy BTC. Let's be honest to me I want to become rich Grin. What's your opinion.

Right, the year was really specially, the price started like ~1k then went as almost $20k.  I would say that I never thought that it will be this great, never see it as an investment platform that will make you rich someday. Faucet in 2016 was very profitable, so I started just like the rest of early members here, and overtime my btc values grows.


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May 04, 2020, 07:32:44 PM
 #9

I will be honest, possibility to earn easily inspired me to buy bitcoin an other cryptocurrencies. I wasnt even interested in technology, what is blockchain and why it is used for. The only thing that I was interested in - how much I will earn in an hour/day/week.

And that was the reason I failed in earning a lot. I bought cryptocurrency (bitcoin and alts), without knowing what I was buying.

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May 04, 2020, 09:06:49 PM
 #10

Well before a decade most of them were not interested to buy bitcoin I feel the only reason could be to stay away from scammers if I am not wrong. People thought they are making fool... And most of them said they may get cheat if some Invest in this coin etc, etc...Now how come the popularity increased and also there were lots of ups and downs in price.
It is possible that majority did not understand the concept of a decentralized coin and it will take time for everyone to trust a decentralized coin and that is the reason it takes time for adoption by the general population and with two rallies in the price now the market is well documented in every financial media. The price is a major factor for majority of the investors that came later and now it is the most profitable asset in the last 5 years.
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May 04, 2020, 09:11:22 PM
 #11

I wanted to get RICH of course.

If I'd gotten started at the beginning of 2013 then that would've happened rather rapidly. Because I arrived towards the end of 2013 it gave me rather more time to learn/suffer/wish I hadn't been such a twat.
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May 04, 2020, 10:30:00 PM
 #12

Well before a decade most of them were not interested to buy bitcoin I feel the only reason could be to stay away from scammers if I am not wrong. People thought they are making fool... And most of them said they may get cheat if some Invest in this coin etc, etc...Now how come the popularity increased and also there were lots of ups and downs in price.

When the value of BTC skyrocketed in 2017 it was the talk of the entire globe, Now guys kindly share me your thoughts what inspired you to buy BTC. Let's be honest to me I want to become rich Grin. What's your opinion.
Making money or profits is one of the most common reason why people are here and to those who havent believe into those earlier years will surely have that some sort of regret deep inside
yet if they have just believed earlier then they might able to profit it out but actually this is the wrong thing because cryptos existences isnt really solely for making money but into its new
tech or benefit that it do gives which is decentralization or p2p transaction without 3rd party intervention and honestly this is one of the important reason why i do switch up to this market.

R


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May 04, 2020, 11:33:18 PM
 #13

I wanted to get RICH of course.


This is the most honest and not hypocrite reason for everyone who bought Bitcoin.

Well, yeah that's the primary purpose why I engaged into cryptocurrency. Second is, I was looking for a universal currency that can be used to transact with a person from another country, since I hate using local fiat convertion to USD. I thought it would be much easier and convenient to transact with a currency like Bitcoin which has been accepted globally, including in-game purchases from online games.
But then again, Bitcoin inspired me to become rich at least once in my lifetime lol.
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May 06, 2020, 06:42:07 AM
 #14

grow and get rich. Well, it is common for us to try various businesses, especially bitcoin. however, we are inspired to become very successful people using the internet, and bitcoin can be the way to it. Well, I have long known about crypto, especially bitcoin, and am still inspired to keep developing.
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May 06, 2020, 08:05:58 AM
 #15

grow and get rich. Well, it is common for us to try various businesses, especially bitcoin. however, we are inspired to become very successful people using the internet, and bitcoin can be the way to it. Well, I have long known about crypto, especially bitcoin, and am still inspired to keep developing.

Something that strike me was the features I could see btc could be used in and could solve many of the problems which we used to face in sending and receiving money abroad etc. Also as things would be going digital in future so this will be playing a leading role and as its the kings of all coins this will remain favourite for many.

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May 06, 2020, 08:08:26 AM
 #16

Didn't even imagine that it would come to this value.

I think it was $300 when I was first introduced to it.
I don't really have much knowledge about it but just like most of the buyers, want to ride that big boat with a huge promise ahead.
Without hypocrisy, I really want more money, thru fiat and not bitcoin of course.

But, as time flows. You are intrigued with what you are buying. The need to know more about it.
Then, there comes a time that I don't really need to sell.
With an optimistic thought/hope someday we will see the real value of it.
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May 06, 2020, 09:02:39 AM
 #17

I find that owning Bitcoin is kind of a novelty, and when i dont have any I am kind of sad. When i own it I read about it more, its nice to have a hobby.

And of course in the future 10-20 years I believe BTC will be worth 100k-500k+

Think of 10 short years from now, little boys are going to be grown up and will want to play around trading it on the markets.

Growing population, and BTC fixed supply = guaranteed organic  growth

Hoddle long BTC (the mother) and a few others!
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May 06, 2020, 09:15:54 AM
 #18

Get rich was inspired me to buy bitcoin. I don't care if I only can buy fraction by fraction of bitcoin because if I can do that from time to time, I will see the profit will be bigger for me. I will have time to get bitcoin at a low price, and I can sell it at a high price. Although to buy at a low price and sell at a high price will need more analysis, I will do that.

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May 06, 2020, 07:50:37 PM
 #19

   Like most of others I was attracted by financial stability I can have from investing in crypto-currencies!
I started from Bitcoin, my friend inspired me at first, but later I did my own reading and I was amazed by
crypto-market and what's happening here! I didn't stop investing after my first buy, I still invest on monthly
basis from my salary! I try to keep Bitcoin at the top of my list, but I'm also interested in many alt-coins too!



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May 06, 2020, 09:34:41 PM
 #20

I most of us here are having the same answer I guess. It was that time when I already heard about Bitcoin with my friend and I can still remember from that time where the price is in hundreds per BTC until one day it suddenly rose up and up and up. I already thought that time—what if I did buy some Bitcoin during that time? But there's no way I would buy during that time since I don't know anything about Bitcoin I just heard it from no knowledge at all. So here we are today I guess most of these folks learned Bitcoin from their friend(s).

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