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Topic: Are you buying bitcoins? Why? - page 109. (Read 307748 times)

sr. member
Activity: 280
Merit: 253
July 31, 2016, 02:51:08 AM
I am not buying bitcoin cause price is very high for me, even if it's eround $500, i used to earn bitcoins by myself in different ways.
yeah the price seems to be really high compared with the prices of the bitcoin a few months back, though i still buying my bitcoins in order to make profit
The price sometimes drop to around 650. I just wait for that moment and buy bitcoins and I'll sell them when the price is 660. It's risky but its a good profit in much quicker time. I love buying bitcoins when it get struck within a price range. Because, with little risk I am able to generate more profits comparatively in very less time than my usual trading.
If there is a big price drop (and by big i mean bigger than $10) just like right now, then you can count on a quick rise right after the drop. this will happen in 90% of the cases.
so if you are quick you can make a profit. this also works with a big rise and small drop afterwords. it is risky though and you have to be quick. and the bigger the rise/drop the better.
twa
full member
Activity: 320
Merit: 100
BitSong is a decentralized music streaming platfor
July 31, 2016, 02:48:52 AM
Share with us what's your main reason for buying bitcoins?

i buy bitcoins now to spend some. i have 8 bitcoins in my other wallet but i save them for huge price rise, and now i buy bitcoins only before  i pay for soemthing
hero member
Activity: 910
Merit: 509
July 31, 2016, 02:38:20 AM
I am not buying bitcoin cause price is very high for me, even if it's eround $500, i used to earn bitcoins by myself in different ways.
yeah the price seems to be really high compared with the prices of the bitcoin a few months back, though i still buying my bitcoins in order to make profit
The price sometimes drop to around 650. I just wait for that moment and buy bitcoins and I'll sell them when the price is 660. It's risky but its a good profit in much quicker time. I love buying bitcoins when it get struck within a price range. Because, with little risk I am able to generate more profits comparatively in very less time than my usual trading.
sr. member
Activity: 266
Merit: 250
July 31, 2016, 01:29:02 AM
There is a decrease in number of BTC sellers in my localbitcoins ever since the halving. Am trying to take advantage of the recent low prices but the trusted sellers are not selling!
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 31, 2016, 01:14:48 AM
I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

What kind of stores?
It is not only for brazil and stores will not be the basis on the stability of bitcoins, the holders should increase in volume in order to ensure stability and a lot of interest will be serve to protect bitcoin to not easily crash down.
hero member
Activity: 896
Merit: 553
July 30, 2016, 11:20:08 PM
I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

What kind of stores?
hero member
Activity: 910
Merit: 500
July 30, 2016, 10:16:51 PM
They are not lucky. They understand bitcoins value ahead of us. That is why they bought it and hold on it even when it was still almost no value. And they are now reaping the profits of it. It is not too late. Bitcoin can still grow more, and someday someone will say, they bought at 600 and now enjoying millions in profit.

I agree with you, they are not that lucky. But those people who can read the situation and take advantage of opportunities, even dare to risk investing in bitcoin at the time Smiley

It is good if you can invest your bitcoins on the legitimate company or site but the thing is if your lucky to see one,  but you will need a courage to gamble it and I think if you really don't want to risk you money or bitcoin then don't do it and just trade your bitcoin and there are other methods in increasing your bitcoin!

Trading is also risky dude if you then really want to risk your bitcoin i think you must earn them and hold them for awhile. But i think it would take a very long process to do so.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
July 30, 2016, 07:50:40 PM
I dont usually buy bitcoin because i dont have many good options, I should buy from individuals which costs me more than online exchanges because of fees. Why should buy bitcoin is because it is a great asset.
so i dont get it, do you buy it or not, because it is a great asset so according to you yyou should be buying, i buy my bitcoins from time to time as an investment

I always want to buy but because there are very very rare sellers in my city it is hard to find anyone that has good rates and less fess and sometimes I can't buy bitcoins even if I want. I haven't tried buying with paypal online but this can be the fastest option for me.
Lol, maybe you're less in your effort to finding the way to buying the bitcoin like you can buying a gift card like amazon gift card and etc and then selling it into bitcoin payment and holla,you get your bitcoin with some a little profit inside of them.
hero member
Activity: 924
Merit: 1001
July 30, 2016, 06:07:59 PM
I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..
hero member
Activity: 966
Merit: 507
July 30, 2016, 05:38:27 PM
I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
legendary
Activity: 840
Merit: 1000
July 30, 2016, 05:18:09 PM
I dont usually buy bitcoin because i dont have many good options, I should buy from individuals which costs me more than online exchanges because of fees. Why should buy bitcoin is because it is a great asset.
so i dont get it, do you buy it or not, because it is a great asset so according to you yyou should be buying, i buy my bitcoins from time to time as an investment

I always want to buy but because there are very very rare sellers in my city it is hard to find anyone that has good rates and less fess and sometimes I can't buy bitcoins even if I want. I haven't tried buying with paypal online but this can be the fastest option for me.
hero member
Activity: 1190
Merit: 534
July 30, 2016, 11:35:03 AM
Yes, I am buying bitcoins and I purchase bitcoins under my systematic investment plan. I strongly believe that bitcoins are undervalued right now and we are still in the early phase of this revolutionary technology. When more financially literate people will start using bitcoins then we will move towards mainstream of digital global economy.

So instead of directly investing fiat, I buy some part of bitcoin and invest it (so I actually invest in both ways, actual investment for interest and actual appreciation of bitcoin price). My main reason to buy bitcoin is to promote this technology and to be empowered in digital global economy.
hero member
Activity: 896
Merit: 514
July 30, 2016, 07:55:31 AM
i buying bitcoin as investment and hold my bitcoin wait for increasing it price in huge amount and after rise up i convert it into fiat then  i can get a good profit from bitcoin .
yeah there are many bitcoin user hold their bitcoin for increasing its price in huge amount , i think they are sure that bitcoin will be more rise up its price and bitcoin really getting powerful currency than other currency and then we can get a good profit easily if hold our bitcoin for a months or above .
hero member
Activity: 756
Merit: 500
July 30, 2016, 07:48:10 AM
I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

Yeah, that is very true. In addition to these advantages, bitcoin is one currency that we can exchange with any currency that exists in the world and they only give you a very cheap Exchange pieces compared to Exchange in an existing bank. I prefer using bitcoin transactions, but it was all I could do to just a few thing only
full member
Activity: 238
Merit: 100
July 30, 2016, 07:44:13 AM
I am not buying bitcoin cause price is very high for me, even if it's eround $500, i used to earn bitcoins by myself in different ways.
i dont think that the price is so high,  i think bitcoin has still potential to raise high, therefore i think there is still time to buy bitcoin and book profit. most of the people are thinking that the price of bitcoin will easily cross 1000 USD in next few months and may be cross 1200$ in the end of 2016. so i can suggest you that still it is good time to buy bicoin.
full member
Activity: 140
Merit: 100
July 30, 2016, 07:10:08 AM
i buying bitcoin as investment and hold my bitcoin wait for increasing it price in huge amount and after rise up i convert it into fiat then  i can get a good profit from bitcoin .
Its even good to buy now as the price is still increasing. Instead of buying and saving the btc, better earn and save the btc. It would bring more benefits than the profit you get from other source. The price will certainly increase. I appreciate your confidence. We are all looking for the price increase. Lets hope to reach more high with  BTC.
hero member
Activity: 980
Merit: 523
July 30, 2016, 06:24:50 AM
i buying bitcoin as investment and hold my bitcoin wait for increasing it price in huge amount and after rise up i convert it into fiat then  i can get a good profit from bitcoin .
sr. member
Activity: 265
Merit: 250
July 30, 2016, 01:38:08 AM
I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

well agreed. using bitcoin is much much easier than paypal and than any online payment source and payment system. bitcoin covers lots of things. it is not only a currency or a payment gateway. it is more then them. bitcoin is a great investment itself. lots of peoples buying just for future investment.

I wouldn't say bitcoin is necessarily much easier than online credit card payments. Confirmations can take a while.

it has been argued a million times at least.
the confirmation time is not such a big dea for the real merchants because the risk of double spend for them is a lot smaller than the chance of credit card fraud and the pain to prove it.

true a bitcoin transaction is always safer and better overall but not always easier when considering timely purchases.
hero member
Activity: 1036
Merit: 520
July 30, 2016, 12:34:09 AM
I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

well agreed. using bitcoin is much much easier than paypal and than any online payment source and payment system. bitcoin covers lots of things. it is not only a currency or a payment gateway. it is more then them. bitcoin is a great investment itself. lots of peoples buying just for future investment.

I wouldn't say bitcoin is necessarily much easier than online credit card payments. Confirmations can take a while.

it has been argued a million times at least.
the confirmation time is not such a big dea for the real merchants because the risk of double spend for them is a lot smaller than the chance of credit card fraud and the pain to prove it.
hero member
Activity: 840
Merit: 501
Strength in Numbers
July 30, 2016, 12:24:40 AM
I buy bitcoin because bitcoin is global money and easier to use than paypal  Grin

well agreed. using bitcoin is much much easier than paypal and than any online payment source and payment system. bitcoin covers lots of things. it is not only a currency or a payment gateway. it is more then them. bitcoin is a great investment itself. lots of peoples buying just for future investment.

I wouldn't say bitcoin is necessarily much easier than online credit card payments. Confirmations can take a while.


Well that is really true about bitcoin that's why many are now using it and buying as many as they can and not just for a payment method.

And itself bitcoin is a digital currency where you can really use it for a payment to any good you want to buy as long as the merchant is

accepting bitcoins for payment.
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