Are you buying bitcoins? Why? - page 184.

stromma44

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Quote from: rienelber on April 06, 2016, 03:22:49 PM

Despite all the FUD I keep buying hoping for the price increase due to the halving...

yeah mate that is the the best thing to do at a moment, as we all have very high hopes from halving so if we invest with current price then we can higher profits at the time of halving.

rienelber

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Despite all the FUD I keep buying hoping for the price increase due to the halving...

umaOuma

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Buy it now to become rich in future.

I am busy in buying and earning at a moment, whatever I earn I don't spend just holding it for future so that can sell when bitcoin reaches to my expected level.

wuvdoll

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Quote from: ricardobs on April 06, 2016, 02:59:22 AM

Quote from: Whosdaddy on April 04, 2016, 05:50:54 AM

Quote from: btcltccoins on April 03, 2016, 05:13:42 AM

i think everyone have his own opinions, but if i m buying Bitcoins, it is for halving.
people buy bitcoins because it is a future currency, its just like a business,

When many people are believing bitcoin the future currency, then you also need to buy bitcoins for future purpose not just for upcoming halving price appreciation only. Keep on buying bitcoins and save them for long-term to get the maximum profits from bitcoins.

Yes many people are speculating only for the profits around halving. They completely forget profits with the future of bitcoin by holding it for long-term. Buying bitcoin is important at the same time holding it for long-term also more important.

Yes buying bitcoins and selling with the short-term target profit will not make you rich. This will go away as a one-time business with some comparatively less profit. See the early adopters, those who are still holding become millionaires, not the early adopters who have sold with some profits.

quadriple7

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Quote from: Huobi-USD on November 10, 2015, 01:59:59 AM

Share with us what's your main reason for buying bitcoins?

usually i buy them just to hold them for profit, i mean i can't find any better way to get profit, than to buy bitcoins and keep them for year or two, it is very easy and profitable!

and if i buy something for bitcoins, then at end of month i buy some of them just to refill my bitcoin supplies

krunox123

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I don't bite.

Quote from: relq on April 06, 2016, 11:37:30 AM

Yes i am. I always buying bitcoins every week for gambling and trading, when i loses on gambling, i always buy bitcoins. and also i buy something online with bitcoin for payment.

Damn. You sound like a rich guy, to be honest. I mean, yeah, it is normal for a trader to buy Bitcoins and trade with it or an online shopper to buy Bitcoin and use it as a payment method. But I never see someone who always buy Bitcoin whenever he/she lose in gambling.

relq

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Yes i am. I always buying bitcoins every week for gambling and trading, when i loses on gambling, i always buy bitcoins. and also i buy something online with bitcoin for payment.

richjohn

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Quote from: yenxz on April 06, 2016, 11:28:09 AM

Quote from: Skaven on April 05, 2016, 09:49:59 AM

Quote from: Huobi-USD on November 10, 2015, 01:59:59 AM

Share with us what's your main reason for buying bitcoins?

I buy bitcoins because this helps me not spending my money on other unnecessary stuff. This way I can just my money and at the same time I can make more money out of it.

do you mean bitcoin help you to safe your money?its same with me,i really helped by buying or having bitcoin,i will not easy to use my money just because not many stores or service accept bitcoin on my country,so i can control my money better.

For now, there is only few stores that accepts bitcoin as a payment. Having stores that accepts bitcoin payment is not the reason in spending your coins. If you really want to save your coins, then you can save it and sell it in the future.

fravia

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Quote from: Corenin on April 06, 2016, 09:38:36 AM

Quote from: Iceborn on April 06, 2016, 09:09:48 AM

Of course I am buying bitcoin other wise I would not be using Bitcoin. I buy bitcoins because it helps me saving money for the future or for when I ever need it. At the same time I can make more money with bitcoins.

Majority of us are buying now for the reason that halving is coming in next few months, so we can earn some extra profits by selling at higher price.

well no one knows if the price will surely grow or not because the price of the bitcoin is impossible to guess in my opinion also, after a rise it will fall once again as people will start selling it in order to make profit

though im buying my bitcoins right now too because i believe that the price might increase significantly thus making me a lot of money nearly for free as i will most probably have no losses

yenxz

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Quote from: Skaven on April 05, 2016, 09:49:59 AM

Quote from: Huobi-USD on November 10, 2015, 01:59:59 AM

Share with us what's your main reason for buying bitcoins?

I buy bitcoins because this helps me not spending my money on other unnecessary stuff. This way I can just my money and at the same time I can make more money out of it.

do you mean bitcoin help you to safe your money?its same with me,i really helped by buying or having bitcoin,i will not easy to use my money just because not many stores or service accept bitcoin on my country,so i can control my money better.

Corenin

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Quote from: Iceborn on April 06, 2016, 09:09:48 AM

Of course I am buying bitcoin other wise I would not be using Bitcoin. I buy bitcoins because it helps me saving money for the future or for when I ever need it. At the same time I can make more money with bitcoins.

Majority of us are buying now for the reason that halving is coming in next few months, so we can earn some extra profits by selling at higher price.

hawkins

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Quote from: Iceborn on April 06, 2016, 09:09:48 AM

Of course I am buying bitcoin other wise I would not be using Bitcoin. I buy bitcoins because it helps me saving money for the future or for when I ever need it. At the same time I can make more money with bitcoins.

I also sometimes buy bitcoin, but unless I really needed it.
other than that I prefer looking at buying bitcoin bitcoin from today, but it was all good for you

ultimatesky

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Quote from: adibe on April 06, 2016, 03:04:07 AM

Quote from: ricardobs on April 06, 2016, 02:59:22 AM

Quote from: Whosdaddy on April 04, 2016, 05:50:54 AM

Quote from: btcltccoins on April 03, 2016, 05:13:42 AM

i think everyone have his own opinions, but if i m buying Bitcoins, it is for halving.
people buy bitcoins because it is a future currency, its just like a business,

When many people are believing bitcoin the future currency, then you also need to buy bitcoins for future purpose not just for upcoming halving price appreciation only. Keep on buying bitcoins and save them for long-term to get the maximum profits from bitcoins.

Yes many people are speculating only for the profits around halving. They completely forget profits with the future of bitcoin by holding it for long-term. Buying bitcoin is important at the same time holding it for long-term also more important.

I think investment on bitcoin for long-term is not good, better invest for short term like 6 months - 2 years. Because we don't know when halving is done, the price will keep increase or decrease.

Indeed because of the halving it also should be better to invest for a short time period because than you will most likely got more chance you will make profit if you stay doing it on a long term it can go wrong.
The bitcoin is unpredictable and this year it has a pretty good future if you look at the speculators so keep that in mind.

Iceborn

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Of course I am buying bitcoin other wise I would not be using Bitcoin. I buy bitcoins because it helps me saving money for the future or for when I ever need it. At the same time I can make more money with bitcoins.

tabas

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Quote from: adibe on April 06, 2016, 03:04:07 AM

I think investment on bitcoin for long-term is not good, better invest for short term like 6 months - 2 years. Because we don't know when halving is done, the price will keep increase or decrease.

Your time frame for investing in bitcoin in just exact like what Im thinking. But we still don't know what will happen with bitcoin after 2 years maybe. Hopefully, it's value would increase.

adibe

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Quote from: ricardobs on April 06, 2016, 02:59:22 AM

Quote from: Whosdaddy on April 04, 2016, 05:50:54 AM

Quote from: btcltccoins on April 03, 2016, 05:13:42 AM

i think everyone have his own opinions, but if i m buying Bitcoins, it is for halving.
people buy bitcoins because it is a future currency, its just like a business,

When many people are believing bitcoin the future currency, then you also need to buy bitcoins for future purpose not just for upcoming halving price appreciation only. Keep on buying bitcoins and save them for long-term to get the maximum profits from bitcoins.

Yes many people are speculating only for the profits around halving. They completely forget profits with the future of bitcoin by holding it for long-term. Buying bitcoin is important at the same time holding it for long-term also more important.

I think investment on bitcoin for long-term is not good, better invest for short term like 6 months - 2 years. Because we don't know when halving is done, the price will keep increase or decrease.

ricardobs

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Quote from: Whosdaddy on April 04, 2016, 05:50:54 AM

Quote from: btcltccoins on April 03, 2016, 05:13:42 AM

i think everyone have his own opinions, but if i m buying Bitcoins, it is for halving.
people buy bitcoins because it is a future currency, its just like a business,

When many people are believing bitcoin the future currency, then you also need to buy bitcoins for future purpose not just for upcoming halving price appreciation only. Keep on buying bitcoins and save them for long-term to get the maximum profits from bitcoins.

Yes many people are speculating only for the profits around halving. They completely forget profits with the future of bitcoin by holding it for long-term. Buying bitcoin is important at the same time holding it for long-term also more important.

gerXhonza

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Quote from: n0ne on April 05, 2016, 11:19:05 AM

Quote from: martinacar on April 05, 2016, 09:58:19 AM

Yes I'm buying bitcoins because the price is now pretty nice and you can make a lot of money on a long and short term these days.
The fact is also that the halving is coming this year so that makes it even better.

Your decision is right. Most people are doing the same, at present I have made a very small buy as I don't have the required dollars for a whole bitcoin.

Its always good to buy bitcoin in small parts rather then buying full of it, as you always have an opportunity to buy rest of it in future when price drops, so its good buy in installments.

n0ne

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Quote from: martinacar on April 05, 2016, 09:58:19 AM

Yes I'm buying bitcoins because the price is now pretty nice and you can make a lot of money on a long and short term these days.
The fact is also that the halving is coming this year so that makes it even better.

Your decision is right. Most people are doing the same, at present I have made a very small buy as I don't have the required dollars for a whole bitcoin.

Kartikay

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Quote from: harizen on April 02, 2016, 09:06:21 AM

Quote from: Kartikay on April 02, 2016, 08:44:24 AM

I have bought is so that I can sell it after block reward halving.
I am investing it in hope of a huge profit. If anyhow block reward halving gets cancelled then it would be very disappointing for me.

Waiting again for bitcoin halving huh.

I will give you a scenario:

A) You bought today at today's price ($419) then will just do wait for your "expected halving price".

B) You bought today at today's price ($419) suddenly the price went to $450-$500 after a weeks. After that dips again to a matter of $20-$30.

What are your thoughts? Who will give you really a good profit. Sometimes disregarding some of the speculation much helps us to make profits.

What else can I do with my bought bitcoins??
I have bought them as an investment only. If I was interested in spending then I could have spent real money and had not bought bitcoin!!

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