What inspired you to buy BTC? - page 3.

davis196

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Quote from: mahilchii on May 04, 2020, 02:10:12 AM

Well before a decade most of them were not interested to buy bitcoin I feel the only reason could be to stay away from scammers if I am not wrong. People thought they are making fool... And most of them said they may get cheat if some Invest in this coin etc, etc...Now how come the popularity increased and also there were lots of ups and downs in price.

When the value of BTC skyrocketed in 2017 it was the talk of the entire globe, Now guys kindly share me your thoughts what inspired you to buy BTC. Let's be honest to me I want to become rich Grin

. What's your opinion.

Before a decade?Do you mean 2010?Back in 2010 I had no money,because I was a young university student and never knew that something like Bitcoin is created.I guess that only a few hundred people knew about Bitcoin,back in 2009-2010.I myself have purchased Bitcoins only once.Back in 2015 I bought BTC using a website called Virwox.The fees were high,but there wasn't any KYC and ID verification.
I didn't purchased BTC because of FOMO,greed or to protect myself from scammers.I bought some BTC out of curiosity. The popularity of BTC increased during the years,because:
1.People saw the potential of Bitcoin.
2.Online crypto casinos/dice websites became popular.
3.Speculative investors started investing in BTC.

gentlemand

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Welt Am Draht

There have definitely been people who only bought it for a purpose, mainly drugs.

There was a poster here who got through tons of drugs at ten buck BTC and then came back a few years later shocked at what had happened in the meantime.

That would stick in my craw.

shoreno

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Quote from: Janation on May 07, 2020, 05:53:56 AM

I think we all wanted to be rich.

i think no . there are people that buy btc because they want to use it for online purpose like playing gambling , send money or recieve to thier love ones , online shopping and many more . btc is multi purpose not just for the sake of being rich but most people i think this is thier reason on why they are involved on here . op is also right that people got inspired more during the 2017 season where btc pumps alot . if not because of this year i think same old people are only involved on here .

Janation

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I think we all wanted to be rich.

It is the hidden desire of the people and we are not just talking about the money here, love to new things, love to technology, to freedom and such. The difference here is the time we went in and invested in BTC. The desperation of me to earn a profit while I am unemployed is the reason why I am here, it leads me here. I don't know what will happen but I think I am here for a reason.

rodskee

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Quote from: mahilchii on May 04, 2020, 02:10:12 AM

.

When the value of BTC skyrocketed in 2017 it was the talk of the entire globe, Now guys kindly share me your thoughts what inspired you to buy BTC. Let's be honest to me I want to become rich Grin

. What's your opinion.

At first of course just like most of us,i bought my first BTC expecting
that i will Gain Huge amount and at some point
thinking of becoming rich Grin

but as days passes by and i continue
to study about blockchain and why this needs
to be helping people,then i realized that it is more than the money
to expect but the freedom and the privacy that
i always ask with the government around me.now i am contented
even how long will it takes before my money
make a double or more than because what i am thankful is i come
to learn this and also be the first in my place
to be a Bitcoiner.

maxreish

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Got interested and try buying small part of bitcoin just to prove if bitcoin can be a store value just like others are saying. I saw how bitcoin touched up to $10k before from $3k.

And i got profits from holding some of it.
That inspired me to pursue having a bitcoin investment. And realized bitcoin can do many better things.
What I did is I bought another part of bitcoin and hold it for a long term. Now, I am just waiting for the big pump.

vicoma

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Behind the revolution that the blockchain has brought through BTC, the other things that inspired me is the ability to be responsible and bringing back trust to myself and in addition, to have some profits in trading BTC

Ridwan Fauzi

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Bitcoin can be trusted as a place to get rich fastly, yeah this thing will be have by some people who buy bitcoin right now. Even I just thinking that most new investment who got interested to bitcoin didn't find a knowledge about the ins and out of bitcoin before they spend money. I believe if this bull run is not continue there will be a lit of thread who stated that they have lost a lot of money because they bought bitcoin.

That is the wrong step to start, I just hope for those who buy bitcoin as of now they will find more the characteristic of bitcoin first. So as in any situation they will not sell and just leave this place. This is why I still stand in this place, when I was newbie I found more about bitcoin until I had a predict that bitcoin can replace the payment system and that was my inspired when I bought bitcoin.

Distinctin

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Quote from: mahilchii on May 04, 2020, 02:10:12 AM

Well before a decade most of them were not interested to buy bitcoin I feel the only reason could be to stay away from scammers if I am not wrong. People thought they are making fool... And most of them said they may get cheat if some Invest in this coin etc, etc...Now how come the popularity increased and also there were lots of ups and downs in price.

Me too, buying interest is really far at that time because we are totally in doubt and of course, we can't even see how Bitcoin can make such a surprise. The reality is that people will only be giving their trust if they could see it already and that was it happens to Bitcoin. We miss that day and we missed it at all. There is no coming back, we can't see $10, $100 anymore ( unless if crypto will collapse).

Maybe it serves as a lesson but I'm not also in regrets, it is just in time and knowing that we can't appreciate one thing if we never know it personally. That is why many people still ignorant of this because they actually never know crypto at all.

Oceat

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I most of us here are having the same answer I guess. It was that time when I already heard about Bitcoin with my friend and I can still remember from that time where the price is in hundreds per BTC until one day it suddenly rose up and up and up. I already thought that time—what if I did buy some Bitcoin during that time? But there's no way I would buy during that time since I don't know anything about Bitcoin I just heard it from no knowledge at all. So here we are today I guess most of these folks learned Bitcoin from their friend(s).

Bezobraznike

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Like most of others I was attracted by financial stability I can have from investing in crypto-currencies!
I started from Bitcoin, my friend inspired me at first, but later I did my own reading and I was amazed by
crypto-market and what's happening here! I didn't stop investing after my first buy, I still invest on monthly
basis from my salary! I try to keep Bitcoin at the top of my list, but I'm also interested in many alt-coins too!

michellee

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Get rich was inspired me to buy bitcoin. I don't care if I only can buy fraction by fraction of bitcoin because if I can do that from time to time, I will see the profit will be bigger for me. I will have time to get bitcoin at a low price, and I can sell it at a high price. Although to buy at a low price and sell at a high price will need more analysis, I will do that.

cafetools

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I find that owning Bitcoin is kind of a novelty, and when i dont have any I am kind of sad. When i own it I read about it more, its nice to have a hobby.

And of course in the future 10-20 years I believe BTC will be worth 100k-500k+

Think of 10 short years from now, little boys are going to be grown up and will want to play around trading it on the markets.

Growing population, and BTC fixed supply = guaranteed organic growth

Reid

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Didn't even imagine that it would come to this value.

I think it was $300 when I was first introduced to it.
I don't really have much knowledge about it but just like most of the buyers, want to ride that big boat with a huge promise ahead.
Without hypocrisy, I really want more money, thru fiat and not bitcoin of course.

But, as time flows. You are intrigued with what you are buying. The need to know more about it.
Then, there comes a time that I don't really need to sell.
With an optimistic thought/hope someday we will see the real value of it.

onrise

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Quote from: Free1bitco.in on May 06, 2020, 01:42:07 AM

grow and get rich. Well, it is common for us to try various businesses, especially bitcoin. however, we are inspired to become very successful people using the internet, and bitcoin can be the way to it. Well, I have long known about crypto, especially bitcoin, and am still inspired to keep developing.

Something that strike me was the features I could see btc could be used in and could solve many of the problems which we used to face in sending and receiving money abroad etc. Also as things would be going digital in future so this will be playing a leading role and as its the kings of all coins this will remain favourite for many.

Free1bitco.in

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grow and get rich. Well, it is common for us to try various businesses, especially bitcoin. however, we are inspired to become very successful people using the internet, and bitcoin can be the way to it. Well, I have long known about crypto, especially bitcoin, and am still inspired to keep developing.

Oasisman

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Quote from: gentlemand on May 04, 2020, 04:11:22 PM

I wanted to get RICH of course.

This is the most honest and not hypocrite reason for everyone who bought Bitcoin.

Well, yeah that's the primary purpose why I engaged into cryptocurrency. Second is, I was looking for a universal currency that can be used to transact with a person from another country, since I hate using local fiat convertion to USD. I thought it would be much easier and convenient to transact with a currency like Bitcoin which has been accepted globally, including in-game purchases from online games.
But then again, Bitcoin inspired me to become rich at least once in my lifetime lol.

Lanatsa

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Quote from: mahilchii on May 04, 2020, 02:10:12 AM

Well before a decade most of them were not interested to buy bitcoin I feel the only reason could be to stay away from scammers if I am not wrong. People thought they are making fool... And most of them said they may get cheat if some Invest in this coin etc, etc...Now how come the popularity increased and also there were lots of ups and downs in price.

When the value of BTC skyrocketed in 2017 it was the talk of the entire globe, Now guys kindly share me your thoughts what inspired you to buy BTC. Let's be honest to me I want to become rich Grin

. What's your opinion.

Making money or profits is one of the most common reason why people are here and to those who havent believe into those earlier years will surely have that some sort of regret deep inside
yet if they have just believed earlier then they might able to profit it out but actually this is the wrong thing because cryptos existences isnt really solely for making money but into its new
tech or benefit that it do gives which is decentralization or p2p transaction without 3rd party intervention and honestly this is one of the important reason why i do switch up to this market.

gentlemand

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Welt Am Draht

I wanted to get RICH of course.

If I'd gotten started at the beginning of 2013 then that would've happened rather rapidly. Because I arrived towards the end of 2013 it gave me rather more time to learn/suffer/wish I hadn't been such a twat.

ene1980

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Quote from: mahilchii on May 04, 2020, 02:10:12 AM

Well before a decade most of them were not interested to buy bitcoin I feel the only reason could be to stay away from scammers if I am not wrong. People thought they are making fool... And most of them said they may get cheat if some Invest in this coin etc, etc...Now how come the popularity increased and also there were lots of ups and downs in price.

It is possible that majority did not understand the concept of a decentralized coin and it will take time for everyone to trust a decentralized coin and that is the reason it takes time for adoption by the general population and with two rallies in the price now the market is well documented in every financial media. The price is a major factor for majority of the investors that came later and now it is the most profitable asset in the last 5 years.

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