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Topic: Are you buying bitcoins? Why? - page 74. (Read 307748 times)

hero member
Activity: 938
Merit: 1000
September 07, 2016, 05:52:26 AM
I dont think bitcoin is ever gonna come down to close 300's though..the lowest ive seen bitcoin these past months was around 540-560. Lets just hope the trend stays the same or continue rising.
Yes, how bitcoin had managed to stay strong around $200 among the major bitcoin exchange collapse, similarly hopefully it will not go below $500 levels too as we are into 3rd era of block rewards. Price fluctuations are common, so some ups and downs are reasonable but the extreme downs are not possible when we are considering the rising high demands for bitcoins.
Price now is rising because of the demand of bitcoin so I do not think it will ever go $500 again, we can only see big dip of price when another bad events will happen but we have witness how bitcoin has recovered on the bitfinex hack and that alone would prove how strong and stable bitcoin is.
Bitcoin is strong but we cannot say that it is stable as price keeps on moving up and down but still we can trust it that it will be holding higher value in future and that is the reason we should buy at a moment.
hero member
Activity: 672
Merit: 500
September 07, 2016, 05:45:21 AM
Probably the typical "it's going up!" type of reason, I see bitcoin as a great investment and undervalued, Therefore I think it's a good idea to buy some of it and store for an improvement in price also sometimes I use it to buy goods online from traders offering BTC as an option of payment.

that's a main reason of everyone who invest his money at something like bitcoin gold etc.
for me , im buying bitcoin for support the future currency, after bitcoin not mineable im sure price will be rising more and more . hope can stable at $10.000
sr. member
Activity: 294
Merit: 251
September 07, 2016, 05:35:09 AM
Probably the typical "it's going up!" type of reason, I see bitcoin as a great investment and undervalued, Therefore I think it's a good idea to buy some of it and store for an improvement in price also sometimes I use it to buy goods online from traders offering BTC as an option of payment.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
September 07, 2016, 04:54:51 AM
I dont think bitcoin is ever gonna come down to close 300's though..the lowest ive seen bitcoin these past months was around 540-560. Lets just hope the trend stays the same or continue rising.
Yes, how bitcoin had managed to stay strong around $200 among the major bitcoin exchange collapse, similarly hopefully it will not go below $500 levels too as we are into 3rd era of block rewards. Price fluctuations are common, so some ups and downs are reasonable but the extreme downs are not possible when we are considering the rising high demands for bitcoins.
Price now is rising because of the demand of bitcoin so I do not think it will ever go $500 again, we can only see big dip of price when another bad events will happen but we have witness how bitcoin has recovered on the bitfinex hack and that alone would prove how strong and stable bitcoin is.
legendary
Activity: 938
Merit: 1002
September 07, 2016, 03:52:37 AM
I dont think bitcoin is ever gonna come down to close 300's though..the lowest ive seen bitcoin these past months was around 540-560. Lets just hope the trend stays the same or continue rising.
Yes, how bitcoin had managed to stay strong around $200 among the major bitcoin exchange collapse, similarly hopefully it will not go below $500 levels too as we are into 3rd era of block rewards. Price fluctuations are common, so some ups and downs are reasonable but the extreme downs are not possible when we are considering the rising high demands for bitcoins.
sr. member
Activity: 378
Merit: 251
September 07, 2016, 03:20:57 AM
I dont think bitcoin is ever gonna come down to close 300's though..the lowest ive seen bitcoin these past months was around 540-560. Lets just hope the trend stays the same or continue rising.
sr. member
Activity: 420
Merit: 250
September 07, 2016, 02:42:39 AM
I never buy bitcoins and that is because i know that buying bitcoins is never profitable because you make only money with bitcoins as youi trade them buying is not profitable anymore you only make maybe a couple dollar each time.
It is profitable if bitcoin is very low and then you buy and sell when they peak again but like this stable pricing it is not very profitable so this strategy requires alot of patience and is not so fast but when it happens you make alot of money so you can keep it as a side strategy instead of main btc income.
sr. member
Activity: 462
Merit: 250
September 07, 2016, 02:36:41 AM
I am never buying bitcoins because the price of the bitcoin is to high and i dont think that would change anything about the people who are buying but i know for sure they think about it.
Yes me neither price of bitcoin is very high right now in my opinion to buy it right now. So its better to wait and see if they drop again to maybe 300 and then mass buy and sell later. this is the best way to gain profit with bitcoin I think but buying it right now is not smart and can cause a big loss.
sr. member
Activity: 336
Merit: 250
September 07, 2016, 02:27:29 AM
I am never buying bitcoins because the price of the bitcoin is to high and i dont think that would change anything about the people who are buying but i know for sure they think about it.
hero member
Activity: 994
Merit: 544
September 07, 2016, 02:16:03 AM
Yes i am buying bitcoins at the moment because the price is the best that you can have right the price of the bitcoin already hit the 600 dollar each and that is a nice value to sell them further!

Oh yes this is the time where we should make more buying than selling as bitcoin price is still low.  If ever that I could buy more I will since it still low.  The first time I bought bitcoin was like 6 months ago because of I was excited to invest my coins.  It turned out to be a scam so that time I was really upset.  I will not buy any bitcoins as I would love to earn them more than buying them.
hero member
Activity: 910
Merit: 501
September 07, 2016, 02:13:34 AM
I have bought me my coins with localbitcoins and coinimal.
Coinimal (now bitpanda) was the first time I tried to buy bitcoins.
I chose that site because I could buy a small amount with fiat and without much veryfication. Don't know if they still handle it that way.
Till now I did not regret that I bought bitcoins.
hero member
Activity: 518
Merit: 500
September 07, 2016, 02:09:08 AM
I think it has been over a month since I last bought a few bitcoins, primarily due to lack of extra funds. But what I earn, I try to just hold in hopes that the price is going to rise. I would be happy if the price goes back to $700 by year end, but if the price stays in the low $600 levels, I might buy a few when the Christmas bonuses are given before the year ends.
sr. member
Activity: 266
Merit: 250
September 07, 2016, 02:07:56 AM
Yes i am buying bitcoins at the moment because the price is the best that you can have right the price of the bitcoin already hit the 600 dollar each and that is a nice value to sell them further!
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
September 07, 2016, 02:03:57 AM
Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
Yes. bitcoin have pretty much smaller fee then other payment sources. like paypal, payza, skrill etc. and using bitcoin also safe then others. paypal funds are reversible but no one can reverse the bitcoin once they sent..
That true, with bitcoin you can easily make an account and you are good to go, you can transact very fast with a minimal fee or close to none, other payment processor does not possess that kind of strength to benefits its users, and since we are using a decentralized system we can ensure our money is safe and so as our information.
hero member
Activity: 798
Merit: 1000
September 07, 2016, 01:48:55 AM
Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
Yes. bitcoin have pretty much smaller fee then other payment sources. like paypal, payza, skrill etc. and using bitcoin also safe then others. paypal funds are reversible but no one can reverse the bitcoin once they sent..
hero member
Activity: 840
Merit: 501
Strength in Numbers
September 07, 2016, 12:48:30 AM
I personally will not be buying Bitcoin anytime soon because the price is too high for my liking right now. A week ago I would be considering it more, but now we're basically back to the point where we were 2 months ago, and it isn't looking like the price will be tracking up soon.

Well me either, even though I really to buy bitcoins today. But we need to consider the price of bitcoin as we are going to buy.

And the price of bitcoin today is not acceptable for buying because it is already too high. But we don't know what is going to happen in the future.

It's more chance of increasing rather than falling.
legendary
Activity: 1218
Merit: 1007
September 07, 2016, 12:36:39 AM
I personally will not be buying Bitcoin anytime soon because the price is too high for my liking right now. A week ago I would be considering it more, but now we're basically back to the point where we were 2 months ago, and it isn't looking like the price will be tracking up soon.
hero member
Activity: 714
Merit: 531
September 07, 2016, 12:31:58 AM
I do not even try to buy bitcoin, i only want is to earn in some method like signature campaign which is giving me stable income daily and also the trading method that i  can boost my income in signature campaign.
hero member
Activity: 658
Merit: 500
September 06, 2016, 11:38:07 PM
For the moment I think the price will go down a little so I am anticpating on that and waiting for the price to go down.
When it does I will make sure to buy more bitcoins, because For me it is easy to hold at least for a few years at least. When the times come, i find an appropriate price to sell out.
I think the same, so we're waiting for the price of bitcoin decline right? Haha, the opposite what a lot of people want the increasing.
But we don't know if this month the price will be decrease and we buy it to hold until a few years waiting for a significant increasing and sell it out.

Either it gets lowerr or higher it will benefit us in long run, if price goes lower then it can be opportunity for us to accumulate more coins and save it for future.
Bitcoin is actually a very risky investment because you won’t know when it price rises up to the sky or drops dramatically or stays the same, it’s unpredictable. However, taking the risks doesn’t mean it only has losing money but it also means that there is a chance of making a huge profit from buying bitcoin and just holding it for a while.
i think in this year is not much that can benefit by holding bitcoin for a while, to be honest this year is the most boring for traders because of the relatively stable price.
nope i think a smart trader will take advantage of opportunities as possible. although slow movements or price changes that can be said is quite small. but if they have a particular strategy, this certainly will be a great advantage for them? especially the current situation make trade secure enough

hero member
Activity: 1246
Merit: 588
September 06, 2016, 10:54:59 PM
I do not actually buy bitcoins. I am the type of person who usually likes to earn them in a hard way. So i am just storing them rotatw some amounts then store again my profit
That's better to hear because you can get your bitcoins by working hard, I actually do the same but my earnings is not really that big so I need to buy some bitcoins especially when I see the price is so cheap that it is hard for me to resist.

Well that is a way of earning your profit also sir and most of the users also do the same so there is nothing wrong about that one at all. I just myself love to do it on the hard way which makes me feel so challenging
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