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Topic: Why do you buy Bitcoins? - page 2. (Read 66629 times)

hero member
Activity: 672
Merit: 500
January 29, 2017, 11:16:36 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.
Yes that is the reason because of which most of the investors invest their money in bitcoin and most of them have got a good profit by investing their money in bitcoin but some people have adopted bitcoin because it is a worldwide currency and with its transaction people do not waste much of their money in paying the fees in transactions.

Everyone finds in using Bitcoin something important to him.
Personally for me the important thing is that the Bitcoin is very good to use for long-term investment. That's why I'm buying Bitcoins.

I think most people who are buying Bitcoins now are doing this because the long-term investment opportunity. I'm one of them, but I'm not using Bitcoins only because of it. I like to have the possibility to gamble online with Bitcoins, as it's forbidden in my country or very complicated to gamble in official casinos, need to had credit card, and it's not possible to bet so low like when betting with satoshis (since 1 satoshi per bet). It's a good way to earn money online too very simple, without the needed to use nasty services like Paypal...
Yes I am also using bitcoin for my investment but it is not my main goal for the adoption of bitcoin I have adopted bitcoin so that I start my freelancing work and to transact my money to any part with lowest transaction fees and from that my goal expand more. I short I will say that every user of bitcoin came to adopt bitcoin for a single benefit and after fully knowing about bitcoin now they are taking many many benefits.
legendary
Activity: 1512
Merit: 1041
January 29, 2017, 10:53:04 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.
there is a lot of websites and tools which will allow you to pay bills and top up your mobile phone with paypal, and bitcoin is still not being used for public stores, maybe few places in first world, Like america and UK. but in world wide it will still take a lot of time to be accepted,
sr. member
Activity: 406
Merit: 250
January 29, 2017, 10:19:51 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.
hero member
Activity: 2884
Merit: 620
January 29, 2017, 10:12:11 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.....

Most of us had the same reason for why we are buying bitcoin. And because of the fast fluctuation of bitcoin price in sometime.

It is good to take that opportunity and by bitcoins as a real investment and it is making it the best because we don't need to do hard efforts for it.

By just simply holding it for a longer time, we had chance to earn.
sr. member
Activity: 323
Merit: 250
January 29, 2017, 08:27:19 AM
For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?

why buy a bitcoin, because of the investment and trading business, will I sell / buy according to the needs and circumstances of the market which is important to increase revenue.
hero member
Activity: 924
Merit: 500
January 29, 2017, 08:13:14 AM
i don't buy i earn directly, but i can buy more with the discount that i get when i purchase items with purse.io

you can actually have free bitcoin on purse.io, if you think about it, and if you're lucky with big discount

For us to earn bitcoin directly, we can only do that by doing free faucets, or play games on which you can earn bitcoin while playing the games or captcha. Something like, Lastly, participating in the signature campaign.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
January 25, 2017, 04:15:47 PM
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.
Yes that is the reason because of which most of the investors invest their money in bitcoin and most of them have got a good profit by investing their money in bitcoin but some people have adopted bitcoin because it is a worldwide currency and with its transaction people do not waste much of their money in paying the fees in transactions.

Everyone finds in using Bitcoin something important to him.
Personally for me the important thing is that the Bitcoin is very good to use for long-term investment. That's why I'm buying Bitcoins.

I think most people who are buying Bitcoins now are doing this because the long-term investment opportunity. I'm one of them, but I'm not using Bitcoins only because of it. I like to have the possibility to gamble online with Bitcoins, as it's forbidden in my country or very complicated to gamble in official casinos, need to had credit card, and it's not possible to bet so low like when betting with satoshis (since 1 satoshi per bet). It's a good way to earn money online too very simple, without the needed to use nasty services like Paypal...
full member
Activity: 188
Merit: 100
January 25, 2017, 04:08:51 PM
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.
Yes that is the reason because of which most of the investors invest their money in bitcoin and most of them have got a good profit by investing their money in bitcoin but some people have adopted bitcoin because it is a worldwide currency and with its transaction people do not waste much of their money in paying the fees in transactions.

Everyone finds in using Bitcoin something important to him.
Personally for me the important thing is that the Bitcoin is very good to use for long-term investment. That's why I'm buying Bitcoins.
hero member
Activity: 658
Merit: 500
January 25, 2017, 10:12:12 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.
Yes that is the reason because of which most of the investors invest their money in bitcoin and most of them have got a good profit by investing their money in bitcoin but some people have adopted bitcoin because it is a worldwide currency and with its transaction people do not waste much of their money in paying the fees in transactions.
full member
Activity: 194
Merit: 108
January 25, 2017, 09:39:52 AM
storage of value, definitely. besides, when i use fiat i don't really save money, i get that itch to spend it.
i wanted to buy a new phone this christmas, thought i'd change some bitcoins to do that but then decided...meh, i'm holding on to my bitcoins for now. best decision ever, i'm actually okay with my old phone. i always think twice about spending large amounts of bitcoins and half a time before spending money, so it's a good deal for me to change at least 10% of my salary into bitcoins each month. it curbs my spending sprees
hero member
Activity: 798
Merit: 505
January 25, 2017, 09:36:19 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.
Similarly, bitcoin is a long term investment currency. We earn and lose our money through its rate, as its rate goes up and down rapidly. If you are going hold bitcoin, its also risky as the votality is possible because anytime, holders can sell their stocks which may cost huge impact to bitcoin's market. Indeedly, holding bitcoin is risky, yet can be profitable. It is a matter of strategy on how would you earn from its rate.

How do you say that holding bitcoin for long term is very risky while in reality it is the secret weapon of BTC, that's why many people are still buying and stocking a lot of it. Try to check it for yourself on the chart price history of bitcoin since 2010 and conclude if your statement above have a basis. I think you are a typical short term trader type that's why you only focus on the bitcoin price volatility ATM and discouraging holding method.   Grin

Agree with you dude.  Way back 2010 you can really say that it is good to hold bitcoin because of its price try to think.if you bought bitcoin on that time then now you sell it we can say that you really earn a lot . Long term trade dude but sure profit. Take a risk if you want to earn really
full member
Activity: 126
Merit: 100
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.
hero member
Activity: 896
Merit: 500
January 25, 2017, 09:30:53 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.
Similarly, bitcoin is a long term investment currency. We earn and lose our money through its rate, as its rate goes up and down rapidly. If you are going hold bitcoin, its also risky as the votality is possible because anytime, holders can sell their stocks which may cost huge impact to bitcoin's market. Indeedly, holding bitcoin is risky, yet can be profitable. It is a matter of strategy on how would you earn from its rate.

How do you say that holding bitcoin for long term is very risky while in reality it is the secret weapon of BTC, that's why many people are still buying and stocking a lot of it. Try to check it for yourself on the chart price history of bitcoin since 2010 and conclude if your statement above have a basis. I think you are a typical short term trader type that's why you only focus on the bitcoin price volatility ATM and discouraging holding method.   Grin
sr. member
Activity: 630
Merit: 251
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.....
sr. member
Activity: 672
Merit: 250
January 25, 2017, 09:03:21 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.
Similarly, bitcoin is a long term investment currency. We earn and lose our money through its rate, as its rate goes up and down rapidly. If you are going hold bitcoin, its also risky as the votality is possible because anytime, holders can sell their stocks which may cost huge impact to bitcoin's market. Indeedly, holding bitcoin is risky, yet can be profitable. It is a matter of strategy on how would you earn from its rate.
hero member
Activity: 994
Merit: 502
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.
sr. member
Activity: 686
Merit: 253
January 25, 2017, 05:29:11 AM
Of course speculation is one of my reasons for buying Bitcoins but not entirely for speculative purposes but in its usage to buy goods and services and transact global transactions at a very low or negligible fees.
sr. member
Activity: 364
Merit: 250
January 25, 2017, 04:22:49 AM
For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?
Some bitcoin users buy bitcoin for investment / business only.but most of bitcoin users buy bitcoin because of speculation. They believe that bitcoin can go further after years ,and they might get big profit when they hold and save bitcoins for a long time. Speculators can dictate the price i guess.
Probably they knew that bitcoin give them more profit than paper money and they are sure that all people will prefer to use bitcoin, than it will get more mass adoption then the price will rise. So they ( including me ) buy bitcoin for an investment.
hero member
Activity: 1008
Merit: 500
January 18, 2017, 01:21:53 AM
For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?
Some bitcoin users buy bitcoin for investment / business only.but most of bitcoin users buy bitcoin because of speculation. They believe that bitcoin can go further after years ,and they might get big profit when they hold and save bitcoins for a long time. Speculators can dictate the price i guess.
hero member
Activity: 812
Merit: 500
January 18, 2017, 01:10:43 AM
I personally buy Bitcoin because I think I can understand the majority of what is happening with the community, and how Bitcoin works. I can see its potential it's only logical that the price will go up. There is such a big community, there is almost no possibility the price will drop below $700, because that's how much it costs to make a coin.
I am also sure that the price will now no more decrease to down and that is why I have started to increase my bitcoins by buying now and I am sure that in the future I will once again get a good profit when the price will once again increase.

Only that reason behind it, to buy the bitcoins. Otherwise why everyone buy it? Because buy in a low price and sell in a high price, main reason to buy the bitcoin only that. And for me, it is really useful way, because i bought my bitcoin in a lowest price and recently when i sell them, it give me a good profit.   
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