Why do you buy Bitcoins? - page 9. | Bitcointalksearch.org

South Park

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Quote from: Ewinsane on January 03, 2017, 04:02:02 PM

I buy bitcoins for all kind of things the first reason is because its good for my future because you can get rich because of the bitcoin.
The second reason is due to the thing that the bitcoin is the future of the currency's, the bitcoin is digital and the future is digital.
My last reason is because I want to be a part of the new currency so I'm one of the first with other bitcoin owners that already own the bitcoin so we are already a step further than others in the future.

You can make good money with bitcoin but only if you invest significant amount of money in it, some people think that one day bitcoin will be worth 1k and the next day it will be worth 100k and that is not going to happen, maybe at some point bitcoin will reach that amount but it will be a slow process.

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Quote from: Kemarit on December 31, 2016, 03:13:18 AM

Quote from: deppil on December 31, 2016, 03:02:44 AM

regardless of whether they could make a profit or not use gambling, but bitcoin can be used for anything, including things that are illegal, and that makes bitcoin specials and have high demand

i agree with your statement regarding with illegal activity since there's a lots of people around the world who intend to hide their illegal transaction bitcoin is helping them and they also helping bitcoin to hype its value so their are chain reaction in every aspect and i love enjoying the hype that's why i also did some bitcoin investment and keep it then wait for a good selling value.

Currently people are using bitcoin as an optional currency, as some people use it for gambling only, while other use it for trading alt coins, some people use it for price increase (as investment).

But we are hopeful that in future bitcoin will be use as fiat currency for buying and shopping even in our local shops like supporting ourselves for day today life. What else reasons we need to buy bitcoins now ?

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Quote from: mundang on January 04, 2017, 06:24:37 AM

Why buy bitcoins if you can earn it for free? If the bitcoin price drop to 200$ again just like last year then i would probably buy some btc and wait for another rally. Or just saying that wait for another halving for price increase.

I doubt you will follow to buy even if the price dropped
People will just shocking and leaving when see the price dropped so low like that
Considering now you act like a pussy , want a free money only and gain profit
Forget it , there is no future in someone like you , we need a real supporter.

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Quote from: mundang on January 04, 2017, 06:24:37 AM

Why buy bitcoins if you can earn it for free? If the bitcoin price drop to 200$ again just like last year then i would probably buy some btc and wait for another rally. Or just saying that wait for another halving for price increase.

Good point. The prive of btc right now is too high be thinking about buying. I think the time to buy is past us now as people would be monitoring the price if it's already time to sell their btcs. And another good point is that you can actually just earn btcs at this time while observing bitcoin's price movement.

mundang

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Why buy bitcoins if you can earn it for free? If the bitcoin price drop to 200$ again just like last year then i would probably buy some btc and wait for another rally. Or just saying that wait for another halving for price increase.

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This time, I guess apparent why at that time, we have to buy bitcoin. Well, although I do not have time to buy a bitcoin in large numbers, but, this time, I understand why we need to buy bitcoin. for now I have to see the situation first before buying bitcoin, because it could have bitcoin prices climbed back to high.

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I buy bitcoins especially when dumps occur specially because of two reason. This is the most common reason I think everyone of us buy bitcoin, and that is for speculation and profit. The second reason is that I want to send money and do business with others online, with the help of bitcoin for it to be easy and safe so I use bitcoin and also I buy some for me to use bitcoin.

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Quote from: CyberKuro on January 04, 2017, 03:35:50 AM

Quote from: willope on February 15, 2016, 02:58:37 PM

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?

For my future savings of course. The most recommend medium of exchange to holding in long term or spend it directly but no need to worry due to the value of bitcoin keep increasing over time. I can saving gold and bitcoin but in the end of the year bitcoin will give more profits for me.

Saving is not the main point of people around here. The profit is the truly main aim for all of us since Bitcoin prices always go up since 2014. I have bought several of Bitcoin when it is only equal to $400 in early 2016 and right now I definitely have some profit because Bitcoin has crossed over $1000.

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Quote from: pealr12 on January 04, 2017, 02:36:07 AM

October last year is the best time to buy bitcoins cause it was only at 750$. And now it is 1035$,im happy to those lucky holders who bought bitcoin when it was at 750$. I definitely going to buy some bitcoins cause the demand keep increasing everyday.

if the best time to buy bitcoin is based on its price then october is not the best but when bitcoin price is just about 250$ and it's happen back then in month around june 2015. and i think that the increasing of bitcoin rate caused by so many factors that make the demand always increasing and it's right that now the demand is really increasing

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Quote from: pealr12 on January 04, 2017, 02:36:07 AM

October last year is the best time to buy bitcoins cause it was only at 750$. And now it is 1035$,im happy to those lucky holders who bought bitcoin when it was at 750$. I definitely going to buy some bitcoins cause the demand keep increasing everyday.

the best time was at $400-500 at best not 700, it was at the beginning of 2016 after the first surge from the last big dump

personally i'm holding to see how bitcoin will be in the future if it will get recognize like it deserve and replace fiat in some country

i'll never dump a satoshi to fiat, waiting to use it directly on amazon or other big that still are not accepting it

Quote from: Bibite on January 03, 2017, 05:04:40 PM

I use bitcoin as an investment, i also use it since i am paid with bitcoin for my work

what work? are you using bitwage?

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Quote from: willope on February 15, 2016, 02:58:37 PM

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?

For my future savings of course. The most recommend medium of exchange to holding in long term or spend it directly but no need to worry due to the value of bitcoin keep increasing over time. I can saving gold and bitcoin but in the end of the year bitcoin will give more profits for me.

pealr12

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October last year is the best time to buy bitcoins cause it was only at 750$. And now it is 1035$,im happy to those lucky holders who bought bitcoin when it was at 750$. I definitely going to buy some bitcoins cause the demand keep increasing everyday.

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Quote from: Bibite on January 03, 2017, 06:19:01 PM

Quote from: Yuuto on January 03, 2017, 06:13:32 PM

Quote from: Bibite on January 03, 2017, 05:04:40 PM

I use bitcoin as an investment, i also use it since i am paid with bitcoin for my work

Yeah, bitcoin is a good invesment to make, just look at if you bought a few coins at $700, when people are calling this a bubble and it'll go down eventually. That would have been a month's wages made, without any hassle, easily.

However bitcoin can also be a good tool to have for online commerce, because of its anonymity and irreversiblility.

There are indeed people buying stuff off dark web sites with bitcoin, but there are also legit shops selling legit products for bitcoins.

Yeah

I remember the first item i bought using Bitcoin, it was a smartphone. When i received it at home, i was like a kid
wow paid with bitcoin !!! Grin

Favorable for you as you maybe live in a country where there's a lot of online sellers, in third world country like ours we do not enjoy that kind of shopping online due to big shipping expenses. But still it's not only the benefits of bitcoin, therefore I am more focus with my investment that spending online for my shopping needs.

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Quote from: Yuuto on January 03, 2017, 06:13:32 PM

Quote from: Bibite on January 03, 2017, 05:04:40 PM

I use bitcoin as an investment, i also use it since i am paid with bitcoin for my work

Yeah, bitcoin is a good invesment to make, just look at if you bought a few coins at $700, when people are calling this a bubble and it'll go down eventually. That would have been a month's wages made, without any hassle, easily.

However bitcoin can also be a good tool to have for online commerce, because of its anonymity and irreversiblility.

There are indeed people buying stuff off dark web sites with bitcoin, but there are also legit shops selling legit products for bitcoins.

Yeah

I remember the first item i bought using Bitcoin, it was a smartphone. When i received it at home, i was like a kid
wow paid with bitcoin !!! Grin

Yuuto

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Quote from: Bibite on January 03, 2017, 05:04:40 PM

I use bitcoin as an investment, i also use it since i am paid with bitcoin for my work

Yeah, bitcoin is a good invesment to make, just look at if you bought a few coins at $700, when people are calling this a bubble and it'll go down eventually. That would have been a month's wages made, without any hassle, easily.

However bitcoin can also be a good tool to have for online commerce, because of its anonymity and irreversiblility.

There are indeed people buying stuff off dark web sites with bitcoin, but there are also legit shops selling legit products for bitcoins.

Bibite

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I use bitcoin as an investment, i also use it since i am paid with bitcoin for my work

South Park

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Mostly to do transactions without having to use the banking system, it can be really cumbersome to open a bank account in my country and paypal is full of fees and they freeze your account for no reason at all, with bitcoin I don’t have those problems.

Ewinsane

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I buy bitcoins for all kind of things the first reason is because its good for my future because you can get rich because of the bitcoin.
The second reason is due to the thing that the bitcoin is the future of the currency's, the bitcoin is digital and the future is digital.
My last reason is because I want to be a part of the new currency so I'm one of the first with other bitcoin owners that already own the bitcoin so we are already a step further than others in the future.

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Quote from: funcaty on January 01, 2017, 11:39:38 PM

Quote from: youhgt2 on August 18, 2016, 01:42:37 PM

because i know that after some time it will really give me a good profit, also because in present time the price of bitcoin is really very low and hope that the price of bitcoin is expected to increase very soon and it is also expected that the price of bitcoin will easy cross the 1000 $ at the end of this year,

The simple truth is that in order to make a profit, it is now worth more than $1000.

At the present time, this is certainly the biggest motivation of many users. But that's not just what makes people use Bitcoin. There are several websites that allow you to use Bitcoin to buy things, or virtual products, like games. In addition, many of these websites give discounts to people using Bitcoin.

Another great use is the possibility to store value using it.
We are getting to a point where many users feel more safe holding Bitcoin, rather than holding Fiat currency.

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Quote from: agamasrori on January 01, 2017, 11:58:46 PM

Quote from: funcaty on January 01, 2017, 11:39:38 PM

Quote from: youhgt2 on August 18, 2016, 01:42:37 PM

because i know that after some time it will really give me a good profit, also because in present time the price of bitcoin is really very low and hope that the price of bitcoin is expected to increase very soon and it is also expected that the price of bitcoin will easy cross the 1000 $ at the end of this year,

The simple truth is that in order to make a profit, it is now worth more than $1000.

Yes, that is the reason of the most of people here. Also another reason is for safe their wealth, becouse their fiat price is fall against USD. So many reason makes people buy bitcoin.

I agree with you, especially at the end of last year almost all coin prices altcoins exiled, I see that's why bitcoin prices rising very quickly and it looks strong when are close with $ 1,000.

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