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Topic: Do people actually buy coins with real life money? - page 12. (Read 3936 times)

newbie
Activity: 38
Merit: 0

I know people who give much more in real money for BTC, because they have the hope that it will be the best investment of their lives
member
Activity: 361
Merit: 17
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

I knew a person who wants to buy bitcoin using his own money because bitcoin is now has a very high price. I think he is still not aware to eth but I guess once he discovered eth he will also buy some
I don't think so, if a person know bitcoin maybe they also know Ethereum because Ethereum and Bitcoin is the most famous coins of crypto currency world, some is like Bitcoin and believe bitcoin but some is like Ethereum, this depend on investing strategy of every person. For me, i like ethereum more than bitcoin because i see technology of Ethereum is better than bitcoin and it was applied a lot of thing in fact especial is smart contracts which support for ICOs. I believe Etherum will soon reach the price like bitcoin
sr. member
Activity: 1036
Merit: 294
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC


I have lots of friend that do the same thing like me such as earning crypto. But the thing is I do not know if they used their money to buy some. Well it looks like they did not do it. Like me, they also started in signature campaigns and after earning that is the time they bought some good crypto.
I have a cousin. She ask me how to buy some bitcoin and she is serious about it. Why ? She is so attracted to the high price. She does not know how to earn some so she is just going to buy.
full member
Activity: 232
Merit: 113
★777Coin.com★ Fun BTC Casino!
Well of course yes. People actually buy coins with real life money. It is called investing. For me, i buy bitcoin and ethereum because it can be invested. I just wait to sell it when its value goes up,  so i can gain profit.
sr. member
Activity: 602
Merit: 252
If you dont wanna spend your real money for investment in cryptocurrency, you also can join into airdrop or bounty programs to get free token. However, you should research carefully before. Because most of them are scam
Some bought it through ICO at first and wait for it to goes in exchanges or after ICO they will put it on applicable exchange. Like in bitcoin to be able to buy we need real fiat to convert into any specific coin, having bitcoin at first requires also a real money to have it, it will be the same for other altcoins.
People who were not that aware of the ICO and other programs that provide with the possibility to get bitcoin buy bitcoin with the fiat in hands. Lot has given importance to bitcoin as an investment asset, which will get a large scale earning after certain time period.
full member
Activity: 798
Merit: 101
So, what is the reason not to buy BTC end ETH with fiat ? Mostly people do this for investment purposes and others gain it in airdrops, mining, but I bet,that a really big amount was bought with real money. Invest fonds and traders convert $ in crypto on regular basis, that's for sure!
full member
Activity: 476
Merit: 100
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

of course obviously we have to use our real money in the real world if you want to have bitcoin because bitcoin is a digital currency different from physical money we have to swap it into bitcoin and buy bitcoin first.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
If you dont wanna spend your real money for investment in cryptocurrency, you also can join into airdrop or bounty programs to get free token. However, you should research carefully before. Because most of them are scam
Some bought it through ICO at first and wait for it to goes in exchanges or after ICO they will put it on applicable exchange. Like in bitcoin to be able to buy we need real fiat to convert into any specific coin, having bitcoin at first requires also a real money to have it, it will be the same for other altcoins.
sr. member
Activity: 546
Merit: 253
If you dont wanna spend your real money for investment in cryptocurrency, you also can join into airdrop or bounty programs to get free token. However, you should research carefully before. Because most of them are scam
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

Yes,  people buy cryptocurrencies with real life money. The answer to this quest is logical.  Will you not buy something that will give you profits if you hold for just a while? Yes, you will.
Buying 1 ETH for $300 is nothing compared to making about $600 when you sell after holding for about 3 months.
member
Activity: 217
Merit: 10
to my opinion, that is normal action when people have so much money and have not thing to do so they choose to buy cryptocurrencies with their own real money and hold for long term profit, also many transactions nowadays need real money pay in to buy cryptos.
newbie
Activity: 44
Merit: 0
Yes, people do buy cryptos with real life money. What else do you think was used to buy crypto currency?
Many people get exited when they observed that BTC price was going sky high and want to go with it. With those with millions of dollars in their pockets its no big deal.
Now that BTC its dumping hard its even more better to start buying it.
legendary
Activity: 1442
Merit: 1025
The demand is high. A lot of websites are selling out with fees of 6-8 %. Last year it was only geeks and dreamers who invested, this year is the commoner. People are talking about it everywhere now, its in the media all the time etc. and its very In to say you own bitcoins.
The demand has really gotten huge. Gone are those days when you can just easily register on an exchange and get your verification done within a split of minutes, but now a days it has been a tough one for these exchanges, having to verify a lot of the new users and with the intention of upgrading every now and then as they just keep coming non-stop.
newbie
Activity: 73
Merit: 0
I think if you will be investing you need to convert your money to coins. Unless you will do jobs that earn bitcoins. To answer the question, we need to convert our money to invest.
jr. member
Activity: 54
Merit: 10
Yes, some do in small amounts. lots of people deposit portions of their salaries on crypto as they believe in the investment
member
Activity: 154
Merit: 10
And there are people who invest in real estate, and then rent it and make a profit from it ... And about bitkonin they also did not hear anything
full member
Activity: 448
Merit: 100
Diagon
Yes, they buy constantly. People sell real estate and other property and invest money in Bitcoin. They spend all their savings. There is a real fever.
legendary
Activity: 3808
Merit: 1723
Pretty sure most people on Bitcointalk got their coins almost free with CPU GPU mining back in 2009-2010.

Most likely the retail people that are buying Bitcoin now only buy like $100 worth to play around with it. Most of the surge in price was due to investment firms which bought 8 figures worth.
member
Activity: 392
Merit: 10
Staker.network - POS Smart Contract ETH Token
Yes, they are, but only rich people can afford to buy huge amount of bitcoin and ethereum, as of me I don't buy it, I'll just work hard in joining bounties to gain high value of cryptos, then I'll swap it for btc or eth, there's no need for me to spent such a huge amount of money because I'm not rich and I don't have a regular job for me to spent my salary on cryptos.
sr. member
Activity: 574
Merit: 253
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

I think most of the newbies are buying crypto currency with fiats. Just beacause fiats are the most popular currency: you can receive it in the bank, as a salary, etc.
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