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Topic: Do people actually buy coins with real life money? - page 16. (Read 3936 times)

newbie
Activity: 48
Merit: 0
of course I'm sure almost everyone who have cryptos purchased with money in the past good thing is you can buy small amoutns with no problems
full member
Activity: 462
Merit: 101
Believe me, people do this all the time (buy bitcoins and ethereums for real money). Here in your first post was the price of 6000 dollars for bitcoin. Look at the price of bitcoin now and draw the appropriate conclusions.
member
Activity: 70
Merit: 10
i think all of investors who want to invest in bitcoin is used real money to buy it through exchange site
If you think FIAT money is real life money then you are in for a big surprise. Paper money is literally worthless and the USD has devalued 97% since it came out in the 1920s. It is also now not even backed by anything and the Federal Reserve, a private organization, has the power to print money at will and loan it out to the banks at 0% interest. Only the too big to fail banks of course.
sr. member
Activity: 910
Merit: 260
nope. I see some restaurant in my country accept bitcoin for payment but I dont think anyone will do that. why? because they think bitcoin is gold. does anyone use gold for payment
I really agree with you, in some countries there are some restaurants that can use bitcoin payments but I think bitcoin is only used for virtual payments, if used for real life payments it is better to use a legitimate currency.

Bitcoin is digital currency so it will use any where and any places. Bitcoin will chage any country currency. It heplful to chage your life. You will get the information of the bitcoin. Then you will know about bitcoin. Bitcoin is not affect the other currency. So it will hlep to future gather some information and invest the bitcoin in the future. So you will improver you knowledge and chage you life style.
sr. member
Activity: 686
Merit: 255
nope. I see some restaurant in my country accept bitcoin for payment but I dont think anyone will do that. why? because they think bitcoin is gold. does anyone use gold for payment
I really agree with you, in some countries there are some restaurants that can use bitcoin payments but I think bitcoin is only used for virtual payments, if used for real life payments it is better to use a legitimate currency.
hero member
Activity: 743
Merit: 500
Yeah it is the only way to earn a lot of money, since you need money for trading. But you can also join bounty and work for ICO and cryptocurrency project and get pay in Bitcoin. You can also spend haft of your montly income to buy cryptocurrency. Most of my friend bought Bitcoin with real life money because they are rich. It is alway like that in trading you alway start with something even 1usd.
yes eventually being atleast rich this is come way of that you can have a chance to be more richer for cause even you make buy it with real money it has a possibility that it can be doubled for so you may earn a lot but if you are taking atleast work for it in campaign then wait until when you can afford that coin you suddenly can missed a lot of chances to be.
sr. member
Activity: 560
Merit: 250
Yeah it is the only way to earn a lot of money, since you need money for trading. But you can also join bounty and work for ICO and cryptocurrency project and get pay in Bitcoin. You can also spend haft of your montly income to buy cryptocurrency. Most of my friend bought Bitcoin with real life money because they are rich. It is alway like that in trading you alway start with something even 1usd.
full member
Activity: 201
Merit: 100
Decentralized Ascending Auctions on Blockchain
nope. I see some restaurant in my country accept bitcoin for payment but I dont think anyone will do that. why? because they think bitcoin is gold. does anyone use gold for payment
you dont understand what he said. he said do people buy coin with real money. not buy real thing by bitcoin or altcoin. read carefully
member
Activity: 294
Merit: 10
I think Yes, many people are buying coins with real money, many of which set aside some of their salary to buy coins as their investment assets. Those who believe in digital coin definitely think that this is the best investment, how not? For example we bought a coin for $100 after keeping it a few months it became $500.
Doesn't that make people interested to buy coins with their original money, because it can be profitable.
full member
Activity: 216
Merit: 250
nope. I see some restaurant in my country accept bitcoin for payment but I dont think anyone will do that. why? because they think bitcoin is gold. does anyone use gold for payment
newbie
Activity: 78
Merit: 0
Aside from playing Faucet games or working for coins, I don't see any other way than to buy some by exchanging them from fiat.
newbie
Activity: 21
Merit: 0
Yes off course, in order for a person to buy coins they are putting fiat money and convert them to certain coins they want. eventhough current price of this coins btc and eth for example is so huge it is still okay since you can buy them in part like satoshi and gwei based on any amount you can afford.
newbie
Activity: 48
Merit: 0
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ 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, my friends and I we bought our coins from bitstamp.net
full member
Activity: 882
Merit: 112
Your Data Belongs To You
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

This is quite weird question. What do you think how the market cap is growing?
Ok , there are bounties but bounties are backed by FIAT money which is introduced in market by buying crypto tokens. And yes, people transfer FIAT to exchanges and buy cryptos on daily basis.
newbie
Activity: 79
Merit: 0
Definitely agree to the above post. Same thing applies to new comers who have never seen first-hand BTC or ETH prices in the past. All they see now is that it keeps going up with news all over saying it's going to keep doing so.
full member
Activity: 696
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
Ofcourse people would still buy btc or eth with fiat money because this coins is considered as an asset. If your a big time trader,  you can buy this and sell it at its higher price.  Coins and merchandise inventory are not different, they are both asset to use to gain profit.  So why hesitate to spend high if you will going to earn higher from that coin?
newbie
Activity: 28
Merit: 0
i think all of investors who want to invest in bitcoin is used real money to buy it through exchange site
member
Activity: 182
Merit: 10
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
It is true that people actually buy coins with real life money because I even tried to send money using Coins.ph and it will be converted into bitcoins through Cebuana Lhuillier. And yes, most of people do often buy crypto currency like ETH and BTC because of it's value that keeps on aiming high. This is an opportunity to double your money by means of buying ETH or BTC and holding it for awhile.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
we don't have to buy 1 bitcoin but we have the option to buy partial of bitcoin depend on how much our money. and if we can buy bitcoin in every month then it will be good for us because once the price increase, then we can try to sell and take a look how much our profit. I guess we can do another option which is still holding the bitcoin for one year and then after one year, we can sell it to make a profit.I think after one year, the price will be increased higher than before.
full member
Activity: 420
Merit: 102
Arianee:Smart-link Connecting Owners,Assets,Brands
Yes and I do purchase BTC almost every month, I don't put my money in the bank anymore. Bitcoin has been here for quite some time now and has proven it's legitimacy that is why I don't hesitate to educate my friends when they ask about bitcoin.
Yes, many people are investing in the bitcoin especially in the recent times because of jump in the price of the bitcoin by using their real life money with a positive hope that they will get an outstanding profit, people are not hesitating to invest their real money in the cryptocurrency.
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