Topic: Do people actually buy coins with real life money? - page 23. (Read 3916 times)
Of course peopl that is into trading is buying cryptocurrency with their money, but it depends on the trader on how many or how much he/she will gonna buy it depends on their strategy in trading and sometimes they just only has that enough money that's why they can't buy a lot of coins, but either way it's always up to yourself if you're gonna have a big profit in trading just always have a plan and play your cards right then there will be no problem.
Yes of course they actually buy coins with their savings money in fact I know a lot of people buying coins with his last pay from his work because he wanted to invest in some coins.
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 really expensive to buy bitcoin or eth with real money. But it's up for the person himself if we they want to buy through this way. For us who are not millionaire doesn't afford this so we're just earning our bitcoin in different ways. But for the millionaires it is easy for them to buy biitcoin or eth through this. I mean how often do people buy crypto currency like ETH and BC
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 depends on their own decision making in trading world their are many people today especially tradings turning there funds into crypto currency. They are so bold on turning it because they know that it will profit more. I mean how often do people buy crypto currency like ETH and BC
If you have a look into Korean exchanges you can see that their volume of 1 million or more Dollars is based on fiat currencies that means yes, people are buying the coins with their paper money.
This is true, we can see in an exchanges that people really buying coins with real money because of bitcoin that prices rise high. I have known a friend that into buying of bitcoin that invests to have a greater return of profit. 
One thing to note about some of the Korean exchanges is that they may have zero-fee trading. Bithumb is the largest Korean exchange and doesn't charge commissions on order book trades. What that means is that there can be an incredible amount of "churn" in the volume. High volume is changing hands, but most of the volume only comes from one or two entities. In some cases, one entity is actually self-trading (buying/selling its own orders) to manipulate volume, as this is an indicator commonly used by traders.
I stick to Bitstamp and Bitfinex when I want to see BTC/fiat volume.
I stick to Bitstamp and Bitfinex when I want to see BTC/fiat volume.
I too ignore exchanges with zero fee trading. However, Bithumb does charge trading fees. They charge a flat 0.15% maker and taker fee. You could potentially do some "zero fee" trading, but that would require you to buy coupons, which then obviously means that you still have to pay for trades. Bitstamp has always been my exchange of choice when it comes to the latest exchange rates, volumes, etc. Bitfinex is something I as much as possible try to ignore after everything that happened, and that even while knowing that they are the leading USD exchange again.
If you have a look into Korean exchanges you can see that their volume of 1 million or more Dollars is based on fiat currencies that means yes, people are buying the coins with their paper money.
One thing to note about some of the Korean exchanges is that they may have zero-fee trading. Bithumb is the largest Korean exchange and doesn't charge commissions on order book trades. What that means is that there can be an incredible amount of "churn" in the volume. High volume is changing hands, but most of the volume only comes from one or two entities. In some cases, one entity is actually self-trading (buying/selling its own orders) to manipulate volume, as this is an indicator commonly used by traders.
I stick to Bitstamp and Bitfinex when I want to see BTC/fiat volume.
I have never bought coins with real life money. I am still an amateur and still do not have that amount of money yet. To be precise, I want to be financially stable first so I can start buying bitcoin. (I will be into that cryptocurrency for a long time, then perhaps I will change it).
Added to that, people who buy other currencies instead of bitcoin believe that one day that currency will rise up and then they will gain profit.
Added to that, people who buy other currencies instead of bitcoin believe that one day that currency will rise up and then they will gain profit.
If you have a look into Korean exchanges you can see that their volume of 1 million or more Dollars is based on fiat currencies that means yes, people are buying the coins with their paper money.
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 mean how often do people buy crypto currency like ETH and BC
Of course they do. How else could the markets maintain these prices? Early adopters are undoubtedly cashing out some of their profits. That means there are bids on the order books (and demand for bitcoins and other cryptocurrencies in the OTC markets) to absorb the selling pressure and keep pushing the price higher.
Consider this story: Big money is coming to bitcoin: ex-Fortress executive Novogratz
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During the latest pullback over the weekend though, Novogratz said he bought $15 million to $20 million worth of bitcoins.
Mike Novogratz is a legendary hedge fund manager. He sees the prices of BTC and ETH going much higher, per the article:
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"When it’s that easy, the price of bitcoin or ethereum is going to go much higher. And that is a lot closer than people think," said Novogratz, who spoke at the Reuters Global 2018 Investment Outlook Summit in New York.
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.
That's actually very great information, I thought people are mostly trading without actually buying them, but I see why they want to buy and invest
Actually I know many people who are buying bitcoins even the price is very high. Some have even put their life savings into bitcoin because they are convinced that in short time they can earn big sum. With increased number of users and high price many people who don't know much about cryptocurrencies entered the bitcoin community and some of them are ready to invest huge amount of money without even knowing the market. But not all of them at the end will make the profit.
I don`t know many people who are buying bitcoins, but I know couple. There wouldn`t be so many atm-s around the world if people don`t buy bitcoins, and there will be more probably. In capitol city this year they installed new atm, there is two now, and I hear stories that they plan to install one more.
There are many traders they buy and sell bitcoins all the time, if anyone count them. Many of them will not make profit that is truth, but the one who buy bitcoins and just save them will probably.
Well of course people do.
1. You do not have to buy one whole bitcoin you could buy 0.1 or smaller amount
2. In 10 years time, if btc is successful, it will be traded in satoshis, not BTC!
1. You do not have to buy one whole bitcoin you could buy 0.1 or smaller amount
2. In 10 years time, if btc is successful, it will be traded in satoshis, not BTC!
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
my answer is yes for what i know about for my source some are taking the risk of it the real money that they have for are buying some coin for them to have a profit it is hard at first but when you see that your money are making double than for the first time you take this you buy that coin it makes you feel better. But before doing that they take a deep study on it. I mean how often do people buy crypto currency like ETH and BC
Actually I know many people who are buying bitcoins even the price is very high. Some have even put their life savings into bitcoin because they are convinced that in short time they can earn big sum. With increased number of users and high price many people who don't know much about cryptocurrencies entered the bitcoin community and some of them are ready to invest huge amount of money without even knowing the market. But not all of them at the end will make the profit.
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 are keep on buying not only those coins that you mentioned but most of the time with bitcoin. And you know what? when it's payday there's a big money that are entering to the cryptocurrency market cap. Investors are now wise to keep on buying when they have cash on hand and using it to gain more coins to hold, they are futuristic thinkers and believe that bitcoin and other alt coins can secure our future. I mean how often do people buy crypto currency like ETH and BC
Obviously yes, many people does so. People who are investor mostly buys Bitcoin and altcoins with real money, that's the only option.
If you are talking about earning, then I might say for investors its not feasible. And also who use it as a currency, they have to convert there fiat to crypto to transact. Personally, I often do it when in need. And for investing purpose in ICOs and new altcoins, I had to buy either BTC or ETH.
But its not necessarily mandatory though, common users and service providers have great opportunity to earn them.
If you are talking about earning, then I might say for investors its not feasible. And also who use it as a currency, they have to convert there fiat to crypto to transact. Personally, I often do it when in need. And for investing purpose in ICOs and new altcoins, I had to buy either BTC or ETH.
But its not necessarily mandatory though, common users and service providers have great opportunity to earn them.
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
Its not actually necessary for a certain person to bought a whole unit of bitcoin or etherium since we do know we can buy it on little parts which means we can still afford and we do able to buy bitcoin even on small amounts but talking about buying as a whole then im sure there are still people who are really willing to buy inspite of its high price because they do have trust on bitcoin or any other altcoins in the market which do have potential on giving them good profits. I mean how often do people buy crypto currency like ETH and BC
I am regularly buying bitcoin and other alts with my real cash and also cashing them out for local fiat without any issue. Its the real value and people are paying real cash for cryptocurrencies.
People are willing to sell their house, luxury cars for bitcoin, you can pay for your degree with bitcoin in few colleges and you can order computers from dell with bitcoin. Bitcoin and other cryptos are real currency and soon you can use them in every local stores and online shops.
People are willing to sell their house, luxury cars for bitcoin, you can pay for your degree with bitcoin in few colleges and you can order computers from dell with bitcoin. Bitcoin and other cryptos are real currency and soon you can use them in every local stores and online shops.
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