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Topic: What was your INITIAL motivation to buying Bitcoin - page 4. (Read 2665 times)

legendary
Activity: 3248
Merit: 1070
i didn't buy, and my motivation was to fidn a job that could be done online and since there were only scam before now it become a reality, mining is the perfect job for me, the income now is even steady you can live with it

i see no reason to buy, you can earn at lower cost and with almost zero risk, i can sell my mining any time, but without buyers the value would not be so high, so i let the other buy
legendary
Activity: 1666
Merit: 1001
I was using Bitcoin because I can used it for global transactions and all of my transactions is hidden from others, and now I mostly using my Bitcoin as long term investment and for trading , the value of Bitcoin now is more suitable as an investment
sr. member
Activity: 560
Merit: 286
Actually all the above points but also i wanted to stay far from banks and and i wanted a side business which would get me a good earning. Bitcoin has fullfilled all my points so i prefer purchasing them anytime. Bitcoin is good to secure future as we all know its increasing price
hero member
Activity: 518
Merit: 500
I'd be lying if I tell that I am not into bitcoin for profits. I consider it first as an investment, and secondary as a currency. That is why a pullback is still a welcome sight even when others are hoping for a continuous growth. Don't get me wrong as I like that too, but a healthy growth must dips and pullbacks for it to continue its upward trend. But now, I like for bitcoin to grow more as a currency that is why I am slowly doing my small share of using it as a currency.
sr. member
Activity: 588
Merit: 251
HELENA
Investment is my initial motivation to buy bitcoin.Bitcoin is the best choice to invest. I need to invest for my future needs. When you get old you always think what will be your life when you get old and you can't go for work to earn for your daily needs. This is the only way i know to secure my families future needs.
legendary
Activity: 3080
Merit: 1353
Simply reason: I just wanted to make money. I'm also into stocks and when I heard about bitcoin I go with it thinking that it could be a good investment portfolio. Although I have bitcoin bitcoins before that I lost. So that also motivates me to somewhat recover what I have lost because of my own doings. I'm still halfway of my recovery, but I least I'm heading on a good direction. So I guess most of the people who around 2015-present would say that they go to bitcoin to earn money. But I surmise that the early adopters who'd have different reason. Others just for fun for it, while some for experiment. I doubt they think that bitcoin could be a good investment then.

Do you still remember Laszlo who bought 10,000 bitcoins for a couple of pizzas in 2010? Maybe he is just experimenting or having just some fun. But if he just hold in for now and think of it as investment back then, it gonna be worth millions of dollars now. Different era, different motivation.
full member
Activity: 588
Merit: 100
I would like to find out what initially attracted community members to bitcoin.
The iniial motives of buyers of bitcoin is to profit.Especially when price is down.Buyers used to buy and hold it for a long time because they can make bitcoin into a value of million cash when price is in a high price.Im just new and my pay here is just for our needs so I cannot store bitcoin yet.But when I have bitcoin to save that will be also my main motive to profit a big amount.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
I initially bought into it as an experiment to see how easy/different it could be from credit cards or other payment methods. Then it turned in to a hedge against Fiat currencies for me. Now it's a investment that I keep in my portfolio, but also a storage of value/emergency fund
hero member
Activity: 1666
Merit: 502
initial to bought bitcoin to earn profits / money with trading because it requires capital and just holding bitcoin as an investment can be profitable. indeed the initial motivation just to get the money but the more I know the bitcoin many things are profitable besides earning money.
newbie
Activity: 3
Merit: 0
Wanting to be an early adopter of the future of currency. I've watched many other new technologies come and revolutionise our lives without realising it, this is the first one that I'm conscious of and watching it unfold.
sr. member
Activity: 1190
Merit: 306
Making money, plain and simple.  I saw what happened in 2013 before Mt. Gox crashed and saw all the money other people were making.  Had doubts as to whether it was a legitimate thing or not, but I saw that the community was extremely strong and wasn't giving up on it even after Mt. Gox.

No drugs or illegal stuff for me, though I've been acutely aware of bitcoin's utility in the dark markets.  I suspect that a lot of people on this board had that sort of shenanigans as their motivation.  They just don't cop to it in public.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
After what happened in Cyprus I wanted to have a currency my government can't take. I'm from the EU and back then the financial crisis was a hot topic. That scare pushed me to buy some coins, which happened to be one of the best moves in my life.

Buying drugs..
Wow, really? How did that go?
sr. member
Activity: 756
Merit: 253
I wanted to make money from Bitcoin from the start because the one that introduced me to it properly was already mining Altcoins and selling them for bitcoins and seeing the potential in buying and holding them down for price surges I thought I could do the save so I joined in order to make money without lifting a finger.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
'All of the above" for me. Though my first day using bitcoin was to pay for a service, i dived further into Cryptocurrency world and Google always bring me here (Bitcointalk) whenever I searched for Bitcoin related stuff. I explored the forum, kept coming  and got hooked eventually.
hero member
Activity: 2184
Merit: 531
I felt the need to invest in something because my money is only losing value when it's laying around. You need to make it work for you and Bitcoin is great at it if not the best.
legendary
Activity: 1218
Merit: 1007
I would like to find out what initially attracted community members to bitcoin.
Really it was all of the reasons you mentioned above, however they came after wanting to make money since that's the base drive for basically any person these days. Once I started to learn more about Bitcoin and everything it was able to do, I kept using it because there were enough reasons for me to invest a lot of time and energy into it. Nowadays it doesn't really have that much of an impact on what I do, but that's what I remember my initial reasoning being.
full member
Activity: 143
Merit: 100
My reason of buying bitcoin is because I wanted  to make money and  I wanted to make money without having a boss and also because I think that we can earn money faster with bitcoin then in real life.
full member
Activity: 154
Merit: 100
All of the above i just like how decentralized bitcoin is and how we can make money of it. My main motive is just to learn and earn bitcoins.
sr. member
Activity: 546
Merit: 261
For me,i want to make money and hide it in the form of bitcoin,not many around me know what is bitcoin
So,i just want to make myself rich without people knowing,and just appear as the usual boring guy in society
legendary
Activity: 2436
Merit: 1008
I would like to find out what initially attracted community members to bitcoin.

Reality talk: It's about the price and not because of it's decentralized system or about easy way to send and received money. After all if we used exchanged service then all this decentralized thing in bitcoin is useless.

At least as far as I noticed here in our local community in social media, workplace, collegues and even in bitcointalk forum, most people entered cryptoworld because of profits will they earned for long term. Bitcoin being used as a currency is just a second factor to them.
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