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Topic: why do you buy bitcoins? (Read 8425 times)

legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
August 21, 2016, 04:19:00 PM
I'm more of a Bitcoin user than a Bitcoin trader. As i'm often travelling internationally, it's a perfect means to move money short-term and use it in another country. But even then I'm not often "in" for more than 24 hours.

I obviously observe the price to have good entry and exit points. The only moment in 2016 when I bought a significant amount of BTC for "trading" reasons was before the "halving" because it was totally obvious that the price would go up. But then I sold and spent them again. Because Bitcoin is still too volatile to be useful as a real currency. I'm thinking actually about reward/incentive mechanisms to encourage "anti-cyclic" behaviour that would bring more stability to the price.
hero member
Activity: 518
Merit: 500
August 21, 2016, 03:26:52 PM
Buying bitcoin and investing in trading is the best thing to do as we can surely grow our coins from trading, so more coins you hold more profits you can expect in future.

Assuming people know how to trade, then it's indeed the best option. But the reality also shows that people aren't good in holding their coins for a longer period. They at some point sell their coins at a certain price level, and buy back their coins after a while at higher levels. I think less than 10% of the people will actually manage to hold their coins for at least 2 years.
due basically bitcoin is for trade not to be hold for a long time may be that's only way of some people to reduce the supply of bitcoin in the hope that prices will rise because of the lack of supply. to be honest I am still confused bitcoin should include which category that whether investment or currency if for i put on the currency of course trade must made every time and if i choose put on investment it's still not the time because we can get bitcoin from mining.
legendary
Activity: 1232
Merit: 1091
August 21, 2016, 02:10:26 PM
Buying bitcoin and investing in trading is the best thing to do as we can surely grow our coins from trading, so more coins you hold more profits you can expect in future.

Assuming people know how to trade, then it's indeed the best option. But the reality also shows that people aren't good in holding their coins for a longer period. They at some point sell their coins at a certain price level, and buy back their coins after a while at higher levels. I think less than 10% of the people will actually manage to hold their coins for at least 2 years.
legendary
Activity: 1596
Merit: 1011
August 21, 2016, 10:07:01 AM
I buy bitcoin to meet the needs of my life. I shopped at several online stores using bitcoin. with bitcoin I do not have to spend a large shipping fee. oh yes, I can transferring money whenever and wherever I am.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
August 21, 2016, 09:12:11 AM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
yes, the price is going to be huge in the near future, i hope that it will allow me to make some good money really easily though anything might happen

I agree with that. So it is good time to buy some bitcoin now. The price is very low compared to the future price.

It is a good time to buy some bitcoin now. The price is low due to the hack on a single exchange. The price will rise soon.

I shall buy some bitcoin at around $550. We are lucky that the price dropped to this level thanks to the hacking.

Yeah its a good price to buy coins as price is below $600 and it will again rise in coming months which will help us in making some good profits from it.
buy bitcoin now I think is a good occasion, and of course this would be advantageous. other than that you can use for other business. if I buy a bitcoin, I guess it was because I needed it for trading. bitcoin trading can make me more and more, but for now I think very well to hold bitcoin I bought it as a very profitable investment
Buying bitcoin and investing in trading is the best thing to do as we can surely grow our coins from trading, so more coins you hold more profits you can expect in future.

It is a good idea to hold the bitcoin. But it is also good if you trade the bitcoin with other good altcoins such as the Ethereum or Dash.
hero member
Activity: 798
Merit: 1000
August 07, 2016, 11:20:28 AM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
yes, the price is going to be huge in the near future, i hope that it will allow me to make some good money really easily though anything might happen

I agree with that. So it is good time to buy some bitcoin now. The price is very low compared to the future price.

It is a good time to buy some bitcoin now. The price is low due to the hack on a single exchange. The price will rise soon.

I shall buy some bitcoin at around $550. We are lucky that the price dropped to this level thanks to the hacking.

Yeah its a good price to buy coins as price is below $600 and it will again rise in coming months which will help us in making some good profits from it.
buy bitcoin now I think is a good occasion, and of course this would be advantageous. other than that you can use for other business. if I buy a bitcoin, I guess it was because I needed it for trading. bitcoin trading can make me more and more, but for now I think very well to hold bitcoin I bought it as a very profitable investment
Buying bitcoin and investing in trading is the best thing to do as we can surely grow our coins from trading, so more coins you hold more profits you can expect in future.
sr. member
Activity: 278
Merit: 250
August 07, 2016, 11:04:27 AM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
yes, the price is going to be huge in the near future, i hope that it will allow me to make some good money really easily though anything might happen

I agree with that. So it is good time to buy some bitcoin now. The price is very low compared to the future price.

It is a good time to buy some bitcoin now. The price is low due to the hack on a single exchange. The price will rise soon.

I shall buy some bitcoin at around $550. We are lucky that the price dropped to this level thanks to the hacking.

Yeah its a good price to buy coins as price is below $600 and it will again rise in coming months which will help us in making some good profits from it.
buy bitcoin now I think is a good occasion, and of course this would be advantageous. other than that you can use for other business. if I buy a bitcoin, I guess it was because I needed it for trading. bitcoin trading can make me more and more, but for now I think very well to hold bitcoin I bought it as a very profitable investment

I missed the chance to buy around $460. But I already had enough from the purchase I did a few years ago.
legendary
Activity: 1218
Merit: 1000
August 06, 2016, 09:41:12 AM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
yes, the price is going to be huge in the near future, i hope that it will allow me to make some good money really easily though anything might happen

I agree with that. So it is good time to buy some bitcoin now. The price is very low compared to the future price.

It is a good time to buy some bitcoin now. The price is low due to the hack on a single exchange. The price will rise soon.

I shall buy some bitcoin at around $550. We are lucky that the price dropped to this level thanks to the hacking.

Yeah its a good price to buy coins as price is below $600 and it will again rise in coming months which will help us in making some good profits from it.
buy bitcoin now I think is a good occasion, and of course this would be advantageous. other than that you can use for other business. if I buy a bitcoin, I guess it was because I needed it for trading. bitcoin trading can make me more and more, but for now I think very well to hold bitcoin I bought it as a very profitable investment
hero member
Activity: 924
Merit: 1000
August 06, 2016, 09:14:51 AM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
yes, the price is going to be huge in the near future, i hope that it will allow me to make some good money really easily though anything might happen

I agree with that. So it is good time to buy some bitcoin now. The price is very low compared to the future price.

It is a good time to buy some bitcoin now. The price is low due to the hack on a single exchange. The price will rise soon.

I shall buy some bitcoin at around $550. We are lucky that the price dropped to this level thanks to the hacking.

Yeah its a good price to buy coins as price is below $600 and it will again rise in coming months which will help us in making some good profits from it.
sr. member
Activity: 278
Merit: 250
August 06, 2016, 05:59:46 AM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
yes, the price is going to be huge in the near future, i hope that it will allow me to make some good money really easily though anything might happen

I agree with that. So it is good time to buy some bitcoin now. The price is very low compared to the future price.

It is a good time to buy some bitcoin now. The price is low due to the hack on a single exchange. The price will rise soon.

I shall buy some bitcoin at around $550. We are lucky that the price dropped to this level thanks to the hacking.
full member
Activity: 390
Merit: 100
August 05, 2016, 06:08:53 AM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
yes, the price is going to be huge in the near future, i hope that it will allow me to make some good money really easily though anything might happen

I agree with that. So it is good time to buy some bitcoin now. The price is very low compared to the future price.

It is a good time to buy some bitcoin now. The price is low due to the hack on a single exchange. The price will rise soon.
sr. member
Activity: 278
Merit: 250
August 01, 2016, 05:44:12 AM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
yes, the price is going to be huge in the near future, i hope that it will allow me to make some good money really easily though anything might happen

I agree with that. So it is good time to buy some bitcoin now. The price is very low compared to the future price.
hero member
Activity: 658
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
July 31, 2016, 04:32:36 PM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
yes, the price is going to be huge in the near future, i hope that it will allow me to make some good money really easily though anything might happen
hero member
Activity: 742
Merit: 500
July 31, 2016, 04:24:01 PM
Usually i buy Bitcoins because i need to hold it till the price increasing, and so i can make some profit. But also i prefer to use Bitcoin as payment method when making deals and trades.
hero member
Activity: 826
Merit: 502
July 31, 2016, 04:11:54 PM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
i agree with you that bitcoin going to rise  its price to higher because a large number people buying bitcoin and hold it for more rise its price .

Yeah including me and you, we all are buying bitcoin , everyone has their own purpose for that buying , and that is contributing a strength to the value of bitcoin like its value is increased with the higher demand, and so with that we all get a good profit. I buy it for different purposes but one of thegoal is to earn with rise in value.
hero member
Activity: 952
Merit: 503
July 31, 2016, 03:55:47 PM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
i agree with you that bitcoin going to rise  its price to higher because a large number people buying bitcoin and hold it for more rise its price .
sr. member
Activity: 406
Merit: 250
July 31, 2016, 12:11:00 PM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .

That is right. The price of bitcoin has risen over 10.000 times over the US dollar in the last 7 years. It will rise again.

Like many others for me it is buying now to sell later.
Sure we can use it at some shops but at this moment not a lot of shops accept it so selling it for fiat is the best way to profit.
full member
Activity: 162
Merit: 101
July 31, 2016, 10:31:31 AM
We buying to sell later. Simple)
sr. member
Activity: 278
Merit: 250
July 31, 2016, 10:30:12 AM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .

That is right. The price of bitcoin has risen over 10.000 times over the US dollar in the last 7 years. It will rise again.
hero member
Activity: 980
Merit: 523
July 30, 2016, 02:11:18 PM
i buy bitcoin because bitcoin going to higher its price too much faster than other currency .
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