What inspired you to buy BTC?

[Distinctin]

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.

Me too, buying interest is really far at that time because we are totally in doubt and of course, we can't even see how Bitcoin can make such a surprise. The reality is that people will only be giving their trust if they could see it already and that was it happens to Bitcoin. We miss that day and we missed it at all. There is no coming back, we can't see $10, $100 anymore ( unless if crypto will collapse).

Maybe it serves as a lesson but I'm not also in regrets, it is just in time and knowing that we can't appreciate one thing if we never know it personally. That is why many people still ignorant of this because they actually never know crypto at all.

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[Ridwan Fauzi]

Bitcoin can be trusted as a place to get rich fastly, yeah this thing will be have by some people who buy bitcoin right now. Even I just thinking that most new investment who got interested to bitcoin didn't find a knowledge about the ins and out of bitcoin before they spend money. I believe if this bull run is not continue there will be a lit of thread who stated that they have lost a lot of money because they bought bitcoin.

That is the wrong step to start, I just hope for those who buy bitcoin as of now they will find more the characteristic of bitcoin first. So as in any situation they will not sell and just leave this place. This is why I still stand in this place, when I was newbie I found more about bitcoin until I had a predict that bitcoin can replace the payment system and that was my inspired when I bought bitcoin.

[vicoma]

Behind the revolution that the blockchain has brought through BTC, the other things that inspired me is the ability to be responsible and bringing back trust to myself and in addition, to have some profits in trading BTC

[maxreish]

Got interested and try buying small part of bitcoin just to prove if bitcoin can be a store value just like others are saying. I saw how bitcoin touched up to $10k before from $3k.

And i got profits from holding some of it.
That inspired me to pursue having a bitcoin investment. And realized bitcoin can do many better things.
What I did is I bought another part of bitcoin and hold it for a long term. Now, I am just waiting for the big pump.

[rodskee]

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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 . What's your opinion.

At first of course just like most of us,i bought my first BTC expecting
 that i will Gain Huge amount and at some point
 thinking of becoming rich  but as days passes by and i continue
 to study about blockchain and why this needs
 to be helping people,then i realized that it is more than the money
 to expect but the freedom and the privacy that
 i always ask with the government around me.now i am contented
even how long will it takes before my money
 make a double or more than because what i am thankful is i come
 to learn this and also be the first in my place
to be a Bitcoiner.

[Janation]

I think we all wanted to be rich.

It is the hidden desire of the people and we are not just talking about the money here, love to new things, love to technology, to freedom and such. The difference here is the time we went in and invested in BTC. The desperation of me to earn a profit while I am unemployed is the reason why I am here, it leads me here. I don't know what will happen but I think I am here for a reason.

[shoreno]

I think we all wanted to be rich.

i think no .  there are people that buy btc because they want to use it for online purpose like playing gambling  ,  send money or recieve to thier love ones , online shopping and many more   .  btc is multi purpose not just for the sake of being rich  but most people i think this is thier reason on why they are involved on here  .  op is also right that people got inspired more during the 2017 season where btc pumps alot   . if not because of this year i think same old people are only involved on here   .

[gentlemand]

There have definitely been people who only bought it for a purpose, mainly drugs.

There was a poster here who got through tons of drugs at ten buck BTC and then came back a few years later shocked at what had happened in the meantime.

That would stick in my craw.

[davis196]

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 . What's your opinion.

Before a decade?Do you mean 2010?Back in 2010 I had no money,because I was a young university student and never knew that something like Bitcoin is created.I guess that only a few hundred people knew about Bitcoin,back in 2009-2010.I myself have purchased Bitcoins only once.Back in 2015 I bought BTC using a website called Virwox.The fees were high,but there wasn't any KYC and ID verification.
I didn't purchased BTC because of FOMO,greed or to protect myself from scammers.I bought some BTC out of curiosity. The popularity of BTC increased during the years,because:
1.People saw the potential of Bitcoin.
2.Online crypto casinos/dice websites became popular.
3.Speculative investors started investing in BTC.

[TitanGEL]

There are many types of investors and traders,  there are people who buying bitcoin because they felt hyped, there are people who thinks bitcoin is still cheap,  there are speculators and of course there are technicians. that are relying to the price action of the bitcoin. I'm kind of person who buy bitcoin because of the technical analysis where I have trigger points. I do momentum trader with intraday charts but it is risky especially if I using high leverage.

[ethereumhunter]

Many of us want to make money from bitcoin, and that makes us try in many ways, not just from trading. That is because people read from many story success from other people that say bitcoin can allow them to make money. That was inspired me too so far, and that is my reason to make money from bitcoin and altcoin. I am sure that if bitcoin price can increase like what we saw before, that can attract more people to come to bitcoin, and try to make money as we did.

[el kaka22]

Many people got in because they saw bitcoin increasing like crazy and they wanted to be a part of it, lets not kid ourselves that is the reason most of bitcoin world is here. I got in probably 7 years ago and even at that moment it was because the price went up, it wasn't like this of course, it was pretty low back in those days, however it still had like a 30 to 130 dollar increase and I got in because of THAT increase, some people got in when it was going to 20k, but the main idea stands, people come in when price goes up.

The thing is, some people make profit during those periods, some people lose money during those periods, but in the end they are not leaving, all of them stays, maybe a tiny portion leaves but even the ones that lose money stays.

[JimboToronto]

I first heard about Bitcoin in January 2013 when a friend told me about a contraband market site on the darknet called The Silk Road. He was all excited about the cool substances he could buy but all that interested me was this cool digital money they used.

I had long been a fan of decentralization and peer-to-peer networking. When I'd first heard about Napster, it wasn't "oh wow, free music", it was "oh wow free filesharing". Needless to say, Bitcoin was right up my alley. At the time bitcoins were worth about $15 each.

I wasted a month trying to figure out what the scam was, learning about dual-key cryptography, proof-of-work, etc., before I realized it was for real, world-changing new technology with the potential to be to wealth what the internet is to information. I wanted in. By then the price of a coin had doubled to about $30.

I wasted another month trying to figure out how to buy some coins. I immediately sent money to my Paypal account and that cost me another week. I hadn't counted on just how adamantly all the banks and money transferers were against Bitcoin. I used my Paypal funds to buy ASIC mining hardware from Butterfly Labs and continued my search for Bitcoin access. Eventually I found a Canadian exchange, Cavirtex who had devised a sneaky way for me to send them money in less than a day using coded bank deposit amounts with the cents being identifiers.
Soon I was buying 10, 20, 30 bitcoins a day. By then the price had doubled again. I paid $68 per coin.

By the time my money had quadrupled, it crashed down to less than I'd paid but I didn't panic. I'd read my history and knew what had happened in 2011. I sold only a tiny amount (10 coins) at $155 during the "dead cat bounce" and bought back 15 coins at $97 a day or 2 later. That was my only tarding. After that I just kept buying and hodling. By the time it bubbled up to $1100 later that year and then crashed with Mtgox and "China bans Bitcoin" fud, I was already battle-hardened. I did take a hit when I lost 50 coins to Mtgox but I did get a valuable lesson out of it. Do not use online exchanges and do not use active wallets and expose your coins to the internet. Use multiple off-line cold storage addresses and obtain your coins directly into them.

Eventually I got my ASICs and mined a few coins with them before they became totally obsolete. I would have gotten more coins by buying coins at $30 instead of paying $650 for ASICs. Live and learn.

Needless to say, by not selling unnecessarily, my coins have been very good to me. I'm living happily ever after, currently in one of our 5 Mexican properties, waiting out the covid crisis in isolation in the jungle and looking forward to getting back up to Toronto before the rainy/hurricane seasons start. Money is no longer an issue. It's hard to believe I did this all on about $65k starting a few weeks before my 65th birthday.

Thank you Bitcoin.

[milewilda]

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 . What's your opinion.

Wayback when im still in college in 2009 where i do initially hear out about btc but my thoughts or things in mind tell me that this might be an another investment scheme knowing that there are lots of
scenarios or incidents that do involved pyramiding scams and other frauds not only in the past but in all the years we've been here on this world.Well, its too late to regret now but it isnt
too late for us to engage with bitcoin yet we know that high probability that this thing will fly up in the future.Its too early to say talking about 10 years of existence.

[TheGreatPython]

Also there are a lot of people who are buying and getting into bitcoin because they really believe in what it stands for and I think that was a big reason why it even started to become and increase the price as well. I mean think about it why did the bitcoin was created by the Satoshi Nakamoto himself? Do you really think he just wanted to be rich and that is why he created it? No, it was because in 2008 there was banks and there was government that was basically working to make the rich people richer and they were helping the richer people while not doing anything for the poor people and left the playing field unfair.

So, the purpose of bitcoin was basically just to get bitcoin to be the alternative and if you think government and banks and FED is just working against you and helping rich people, you could move to bitcoin and just keep it there because it is decentralized and they couldn't touch it and that is very powerful.

[monineklutak]

I have known Bitcoin since 2014, and at that time I had not bought it, I regretted it, and started buying it when the price was at $ 1000, precisely in early 2017, but of course I still regretted it because I didn't sell it at All Time High

[Yatsan]

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.

This is quite odd to see. Many investors of Bitcoin started out of curiousity seeking for things that could generate income. I am familiar with that game and I don't know that Bitcoin could be used in order to buy things inside such the game itself because I thought it requires fiat based digital currencies such as e-load, and the likes, or maybe that is in my country only. Bitcoin is originally a digital currency but due to the volatility of its market value, it was more used as an investment that gives profit to the investors whenever the market price is in upward motion.

I have known Bitcoin since 2014, and at that time I had not bought it, I regretted it, and started buying it when the price was at $ 1000, precisely in early 2017, but of course I still regretted it because I didn't sell it at All Time High

That is because not all people way back that year expected the market price would be this much after a few years as it started to be recognized by more countries. Same thing regarding the moment its market value reached its ATH, majority of people did not expect that a correction would immediately occur which pulled down the entire market before. Many investors are expecting for a higher market value that time but the opposite happened causing regrets to most of the investors, which made some of them sell their holdings at a low price due to lack of hope that the market will again be able to recover.

[BlackFor3st]

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 . What's your opinion.

I am not dreaming that big to become rich in buying bitcoin instead I buy BTC as a form of savings and hoping that my savings will grow in a certain amount of time that I stored it in bitcoin rather than storing it in the bank that only gives us a very little percentage per year basis. Aside from that I also buy bitcoin if I have something to buy or pay using bitcoin because sometimes I use bitcoin to pay the people that are working under me.

Therefore whether the bitcoin price goes down or up, I have no problem with it as I am planning to hold it like 10-15years from now and I am hoping that bitcoin price will continue to grow so we can also gain a good profit from our investments.

[Janation]

I think we all wanted to be rich.

i think no .  there are people that buy btc because they want to use it for online purpose like playing gambling  ,  send money or recieve to thier love ones , online shopping and many more   .  btc is multi purpose not just for the sake of being rich  but most people i think this is thier reason on why they are involved on here  .  op is also right that people got inspired more during the 2017 season where btc pumps alot   . if not because of this year i think same old people are only involved on here   .

Let's be real though, who uses Bitcoin to do online shopping? You?

Despite the developed technology to make Bitcoin a good method as a payment, to have a fast transaction, people are not really using it as payment. People are using it to gamble, why not, they are gambling for that reason too. The reason a lot of people are wanting to have it is because of the fact that it reacher great price in the past, and they are still hoping it will happen, obviously it ends up there right? Wanting to get a profit from it.

[Paycoinzzz]

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 . What's your opinion.

I have no feelings for bitcoin, I only buy bitcoin for profit. or for potential alts and good technology, I still speculate for profit. few people died because of "technology investment". I suddenly realized that this is a very terrible market price and literally a decentralized market. There is no restraint, no law, and we are individuals who fight with each other with everything we have. So be wise, have your own strategy to survive in this market.