What made you start using BTC?

Just wondering what got you guys into BTC.

Myself, not really being familiar with this market until recently, found out about BTC through investing, I bought 4 when they were under $5 each and sold them at around $1.1k ea.

What about you?

 

I actually wanted to sell 5b on rs and I had no clue how PP/BTC worked, that's why I looked into it and got it. Can't say I regret my decision

 

Only just started using them and it's mainly because of paypal chargebacks.

 

There were a lot of different things that encouraged me to eventually get them, although a bit late.

Sythe himself actually recommended using it to trade when they were around $10 each. Not long later it hit 200 then 1k. It sounded complicated. Then I heard of silk road and why they used it. Hard to trace and irreversible. So I tried it out and have sold a bit on it.

 

Yeah, I can see why it may be appealing as it's irreversible therefore a lot safer to use when trading.

 

Paypal chargebacks.

 

Same as others, security.

 

It can't be chargedback. That's what I love about it

 

I saw an investment opportunity and I took it.

 

My payment options are limited so I have no choice unfortunately.

 

No chargebacks.

 

Really? What was your profit margin?

 

You can't charge back unlike Paypal.

 

My old partner and I bought a few and started mining in 2012 when prices were still cheap. Sold them when they were at around $800 and made a little over $4k.

 

Not a bad profit. Congrats.

 

The fact that Paypal's system is horrible made me start using BTC recently.

 

i dont worry about my paypal being locked for someone charging back 180 USD for RSPS gp

 

scammers on paypal always charging back.

 

Apple uploaded a promotional video several years ago about primedice, used the faucet over there for a bit made a few dollars from nothing
ended up making a good couple of hundred as the faucet was unlimited at the time and btc price was at $800 ish

Since then learned a lot more about it and use it for a lot of things

 

I think I saw that video, never really thought anything of it at the time. I guess I missed out on a bit of profit.