Why do you buy Bitcoins? | Bitcointalksearch.org

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: ChineTownMan on January 30, 2017, 12:36:48 PM

It seems to me that now is not the best time to buy Bitcoins. For long-term investment - good. But for the short term - not. This is due to the fact that the price of Bitcoin stabilized. And in the near time, the price probably will not grow

Right now is not really the right time to buy because many of us still thinks that the price of bitcoin is quite high. And if I'll buy too then I don't have any use for it but for trading, gambling and just holding. Most of the time many portion are being divided and distributed to holding because that is the easiest way to get profit in bitcoin.

Ewinsane

hero member

Activity: 980

Merit: 523

Quote from: ?? on ??

i buy bitcoin because it made it more easy to buy virtual stuffs on people and more safer and secure trandaction

there is maximum people are using bitcoin as currency to buy many stuff online because bitcoin is available in everywhere for online shopping and many people are using bitcoin as investment they buy bitcoin in huge amount and then hold it for the future to make profit.

axorb

sr. member

Activity: 336

Merit: 250

Quote from: Taki on January 30, 2017, 12:15:56 PM

I have never buy even a mBTC. I don't see some sense in it because of bitcoin as a brand is tricky. We don't even know who founded it; its origin is questionable and raises suspicion. Many of the bitcoin exchanges was fraudulent, were hacked or otherwise lost the confidence of the users. So the price for bitcoin can drop to zero one day when nobody expects that.

I think you are anti bitcoin and that is the reason you don't trust bitcoins and if you are earning bitcoins in different ways then there is no need to buy them but I completely disagree that it will again fall to zero level in future and I think your research is not up to the mark there are many trusted exchanges where you will never get scammed so I think you still need to a great level of research related to bitcoins.

Rude Boy

hero member

Activity: 770

Merit: 500

I didn't bought bitcoin yet. But if i got a chance to buy bitcoin, I would buy it only for getting profits by trading. Because, for saving, i don't need to buy bitcoin. Better i'll the paper currency as it is.

ChineTownMan

member

Activity: 114

Merit: 100

It seems to me that now is not the best time to buy Bitcoins. For long-term investment - good. But for the short term - not. This is due to the fact that the price of Bitcoin stabilized. And in the near time, the price probably will not grow

Taki

hero member

Activity: 1078

Merit: 514

I have never buy even a mBTC. I don't see some sense in it because of bitcoin as a brand is tricky. We don't even know who founded it; its origin is questionable and raises suspicion. Many of the bitcoin exchanges was fraudulent, were hacked or otherwise lost the confidence of the users. So the price for bitcoin can drop to zero one day when nobody expects that.

kumax

full member

Activity: 182

Merit: 100

🚀 🌏

Quote from: bestluck on January 30, 2017, 11:34:21 AM

Quote from: kumax on January 30, 2017, 10:57:23 AM

Quote from: nasipadang on January 30, 2017, 08:20:48 AM

maybe for investment because bitcoin prices stable and tends to rise and many people argue with saving bitcoin you would make a profit and also purchased bitcoin for trading

I think that one of the main characteristics of bitcoin is its volatility, so I wouldn't call it stable at all. Grin

No other currency (I don't talk about alt coins) is as volatile as bitcoin. But it doesn't mean it is not good for investment. In a long term, we can see that the price is rising, but in a short term you can loose a lot.. just look at the situation before Christmas. Wink

Yeah the price is really not stable but fluctuating which occur in any asset at the early stage of its adoption. But we can aso call it as a stable asset because it is now spread more widely and no one can now say that a time will come when bitcoin will die away. It is stable in the market for its demand.

You are right that it becomes more and more stable because of stable (or growing) demand on the market. I don't expect bitcoin could fall so dramatically like back in the 2014 ever again.

Farma

legendary

Activity: 2492

Merit: 1001

Leading Crypto Sports Betting & Casino Platform

may buy bitcoin today, can be an excellent investment when the price of bitcoin increases. but, it also has a bad risk when the price of bitcoin down. but, if you like bitcoin, it will not stop, because the price of bitcoin definitely tend to be good.

bestluck

hero member

Activity: 658

Merit: 500

Quote from: kumax on January 30, 2017, 10:57:23 AM

Quote from: nasipadang on January 30, 2017, 08:20:48 AM

maybe for investment because bitcoin prices stable and tends to rise and many people argue with saving bitcoin you would make a profit and also purchased bitcoin for trading

I think that one of the main characteristics of bitcoin is its volatility, so I wouldn't call it stable at all. Grin

No other currency (I don't talk about alt coins) is as volatile as bitcoin. But it doesn't mean it is not good for investment. In a long term, we can see that the price is rising, but in a short term you can loose a lot.. just look at the situation before Christmas. Wink

Yeah the price is really not stable but fluctuating which occur in any asset at the early stage of its adoption. But we can aso call it as a stable asset because it is now spread more widely and no one can now say that a time will come when bitcoin will die away. It is stable in the market for its demand. But if talk about the price of bitcoin then it will take the time to come to stability the time of stability will be near when everyone will have adopted it.

kumax

full member

Activity: 182

Merit: 100

🚀 🌏

Quote from: nasipadang on January 30, 2017, 08:20:48 AM

maybe for investment because bitcoin prices stable and tends to rise and many people argue with saving bitcoin you would make a profit and also purchased bitcoin for trading

I think that one of the main characteristics of bitcoin is its volatility, so I wouldn't call it stable at all. Grin

No other currency (I don't talk about alt coins) is as volatile as bitcoin. But it doesn't mean it is not good for investment. In a long term, we can see that the price is rising, but in a short term you can loose a lot.. just look at the situation before Christmas. Wink

marketone

legendary

Activity: 1302

Merit: 1000

Quote from: BeGoods on January 29, 2017, 07:32:24 PM

Quote from: GoodLuck2 on January 25, 2017, 09:27:00 AM

my main purpose to buy bitcoin is that i think it is the best investment..... the way it is growing it price this will attract many organizers to invest in it.....

I also considered that bitcoin is a very good investment because you can benefit in the short term with a very large number, because you can see the price movement of bitcoin is very fast

Bitcoin is still treated as both short term and long term investment, many people are buying bitcoin because they are treating them it is also one type of investment like gold. Gold will good return when hold them like that only bitcoin will also give good returns when we hold them.

nasipadang

sr. member

Activity: 1274

Merit: 252

maybe for investment because bitcoin prices stable and tends to rise and many people argue with saving bitcoin you would make a profit and also purchased bitcoin for trading

soul-impact

hero member

Activity: 854

Merit: 500

Quote from: BeGoods on January 29, 2017, 07:32:24 PM

Quote from: GoodLuck2 on January 25, 2017, 09:27:00 AM

my main purpose to buy bitcoin is that i think it is the best investment..... the way it is growing it price this will attract many organizers to invest in it.....

I also considered that bitcoin is a very good investment because you can benefit in the short term with a very large number, because you can see the price movement of bitcoin is very fast

Indeed. Bitcoin is too strong and nothing can stop it from moving up. The prices will definitely increase in June due to many reason and it is obvious that 2017 is the year of Bitcoin. If you want to be rich, I suggest you should hold at least 1000 Bitcoin and the longer you hold, the higher profit you can have.

BeGoods

legendary

Activity: 1372

Merit: 1008

Quote from: GoodLuck2 on January 25, 2017, 09:27:00 AM

my main purpose to buy bitcoin is that i think it is the best investment..... the way it is growing it price this will attract many organizers to invest in it.....

I also considered that bitcoin is a very good investment because you can benefit in the short term with a very large number, because you can see the price movement of bitcoin is very fast

rizkyhiw

legendary

Activity: 1484

Merit: 1004

Quote from: xvids on January 29, 2017, 06:50:27 PM

Well at first I bought it for personal use to register and pay for some online account like my name refer ,
but then I found out that I can use it to earn online so that is why i'm still buying some until now.

That's true , but mostly people come here to bitcoin world at first time for money making purpose
Then they realize that it could used for payment processor too
I guess you have different situation compared to most people experience , it's okay
In the end thise people who think that bitcoin is truly benefical they will keep buying and make bitcoin circulated.

cyclotronmajesty

sr. member

Activity: 420

Merit: 250

I buy bitcoins because its an investment for me and can give me best results in future so whenever I have spare money I buy them in small parts and wait for the price rise so that could sell some of them and grab the profits and save rest for the future hoping that price will touch ATH in coming months.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: basesaw on January 29, 2017, 10:19:51 AM

Quote from: Oggy1987 on January 25, 2017, 09:34:26 AM

I started to buy bitcoin purely as an investment. But now as I learn more, especially from this forum, I see it really as a good innovation. So I hope it will grew big enough to be able to compare to paypal or any other internet paying option.

now a days, you can compare bitcoin to paypal and other internet option, you can use it to buy online, shop things online and so on. also bitcoin can be used in physical stores that paypal cant do. paypal only used on online shops. but bitcoin can be used also in real shops. it can be also used in paying bills and others.

That's not entirely true. If you search Google for PayPal in-store payment, then you'll see that it is actually possible to use PayPal in physical stores. I must however note that people don't seem to like it since it's far from convenient. But at least, it's possible for the PayPal addicts. But then again, Bitcoin as payment option isn't that convenient either due to the confirmation times. In some cases it's possible to check-out without any confirmations, but you then need to include a high fee so BitPay or any other payment provider accepts it directly, or else you'll be forced to wait for that 1 confirmation.

xvids

sr. member

Activity: 1176

Merit: 301

Well at first I bought it for personal use to register and pay for some online account like my name refer ,
but then I found out that I can use it to earn online so that is why i'm still buying some until now.

cramcram21

sr. member

Activity: 854

Merit: 251

★777Coin.com★ Fun BTC Casino!

I bought some bitcoin to earn through the internet to invest in some sites,try some trading ,
And to save some money I mean it is hard for me to save it when I actually have it in my hands.

Clement Kaliyar

hero member

Activity: 1302

Merit: 532

Quote from: ASHLIUSZ on January 25, 2017, 07:05:01 AM

Bitcoin seems to have varying price, which is not found with other currencies. Even for just holding within the wallet the variation happening in relation to time benefits us. For this reason I used to buy bitcoin often with the small amount that I can afford expecting the small saving to help for big deeds in the future.

The high volatility is the only reason i am interested in trading in bitcoin and i am earning a good amount profit with the investments i have made in the past one year.The volatility allows you to purchase the coins at bottom with every correction and allows you to sell at a good price on the bull run.

Topic: Why do you buy Bitcoins? (Read 66625 times)