If you knew Bitcoin would never change in value, would you buy it? - page 4.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: FourByfour on January 13, 2018, 09:02:00 PM

Well Bitcoin can still be used in convenient transactions ,its just like removing the investing part, either way bitcoin is useful.

agree, bitcoin is still usefull at all even though its price will become stable and cannot really be suitable for investing. if these could really happen then bitcoin could become more popular because many companies and merchants are now going to use it as a part of their payment method because they wont now having a hard time to adust the price of bitcoin frequently and also these can now reduced the transaction fees and solve other problems like slow congested networks.

yonjitsu

full member

Activity: 476

Merit: 100

www.daxico.com

Probably not anymore because bitcoin's volatility of its market price is the reason why you will earn a profit. Even investors may not even invest on it anymore and could even lead to dumping of their bitcoin holdings.

jakezyrus

full member

Activity: 714

Merit: 100

Quote from: zorchy on January 13, 2018, 09:54:20 PM

If he is on the same price course, he will lose his value and value as unproductive. Thus, to ensure interest in people how to make money from it simply can not be found) Shocked

no , bitcoin woudnt loose its value at all because people will still use it due to the fact that bitcoin has many usage or purposes on both online or offline environments not just on making money or investing/trading but also in some other things like it can act as a peer to peer payment system therfor we can use it to send and recieve money abroad or locally and also it can be used to shop on most online stores. bitcoin and its blokchain technology is verry innovative in a way that it can do many things.

zorchy

member

Activity: 364

Merit: 10

If he is on the same price course, he will lose his value and value as unproductive. Thus, to ensure interest in people how to make money from it simply can not be found) Shocked

Nerman

full member

Activity: 364

Merit: 107

Quote from: Rileycat on December 20, 2017, 11:14:22 AM

If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.

This is where your wrong because everything in this Earth depreciate/appreciate examples are precious metal, oil, food, even FIAT money may go up or down. So why not crypto. If you think because its price goes up then everything can be considered a ponzi scheme.

You also need to rethink your definition of ponzi scheme because it is way off if you compare it to the bitcoin/clock chain system.

fistteam

full member

Activity: 217

Merit: 100

Bitcoin is digital money, it's value is always changing. So many people invest in bitcoin to make a profit. If the bitcoin;s value does not change then I would not buy it and I think very few people would buy it.

FourByfour

member

Activity: 350

Merit: 11

D.U.G

Well Bitcoin can still be used in convenient transactions ,its just like removing the investing part, either way bitcoin is useful.

Irvinn

full member

Activity: 966

Merit: 104

If bitcoin ceased to grow in price, then I'm sure that more than 90 percent of people would stop investing in it. Already, there are many good digital coins for functionality and convenience that far exceed bitcoin. Even once, when bitcoin stops in price growth, there will be coins that will continue to grow and in which it will be profitable to invest their money. Proceeding from this, if bitcoin ceases to grow in price, due to a drop in demand, it will immediately begin to depreciate.

Creating N Action

full member

Activity: 266

Merit: 102

If bitcoin would never change in value, I would not buy anymore because people buy bitcoin in the lower value and they wait for the increasing value so that they will sell to others so that they can earn a good profit. I won't be able to buy anymore because all I need is to gain money to use it for my future that's why we don't need to buy if bitcoin would never change in value. It can't help people if this will happen.

azker

member

Activity: 210

Merit: 11

Quote from: yangjun1991 on December 29, 2017, 07:40:36 PM

Mostly not, as there are many investments that have a good value which are also not affected by such fluctuations as bitcoin does and can be traded more easily with laymen in general. If it is had a bit more support back then I would have considered buying a small amount.

Yeah as an investment a guaranteed fixed price is meaning less lol, it’s not an investment if the price is constant, it’s a stagnating asset and it is completely useless

icopir

member

Activity: 350

Merit: 10

If it was stable and safe then I would use it in saving my money, like some people do with gold or something else

gigatux

sr. member

Activity: 343

Merit: 250

Quote from: Rileycat on December 20, 2017, 11:14:22 AM

If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.

Honestly, I do not care about the value of Bitcoin and I will still buy it. Yes, it is true that the value of Bitcoin is unstable but time will come that the value will become stable once it starts to mature. This is a new currency system, a new technology and we need to embrace it to become part of the future.

accm092

newbie

Activity: 24

Merit: 0

What would be the sense of buying bitcoin if this will not grow or earn in the long run??
Everyone know before putting some money in BTC that they will earn when investing on it.
i don't think they will make this stuff without any sense or money matters related.

lalabotax

full member

Activity: 1582

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: Rileycat on December 20, 2017, 11:14:22 AM

If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.

assessment and question that is very silly, it illustrates that you really do not know anything about bitcoin. so, my advice to you
learn and read a lot from references to bitcoin. then you can draw a conclusion after you really understand and know about bitcoin or other crypto.

TIDOVEE

sr. member

Activity: 1246

Merit: 255

what is the essence of buying bitcoin when it will neither increase nor decrease in value,it mean you will have to get it back no profit no loss, that should simply be referred to as savings, in such condition, saving in the bank would rather be better because at least it will yield interest.

Asusnumbaone

member

Activity: 246

Merit: 13

Quote from: Rileycat on December 20, 2017, 11:14:22 AM

If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.

As a student if its price will stay the same and surely I will not gain profit from it then I would not buy it because I do not need it. Still, there is a lot of person that will buy bitcoin because of it anonymous and decentralized system that protect the profile of its users. I guess most of criminal in the underground market will buy bitcoin to be use in the transactions.

StrikerEureka

member

Activity: 68

Merit: 10

If it stays the same with all the problems it has right now I would not buy it at all. I already know better cryptocurrencys which can provide faster transactions and way lower fees and are also much more reliable when it comes to anonymity and securing your privacy. Some of them also have great extra features and more usecases than btc

Tennouji

newbie

Activity: 3

Merit: 0

My answer is no. If its value doesn't change, it's nothing to everybody.

cryptokudi

member

Activity: 126

Merit: 10

The value of bitcoin is the most amazing value in currency because it can be changed anytime anywhere and by that feature bitcoin become really more interesting yet exciting way or maybe kinds of gaining and maybe it is now getting popular because maybe people believe in it and appreciate its unstable price so then if the value of bitcoin is stable maybe bitcoin can fall down.

rickyleatham

member

Activity: 126

Merit: 10

Get your share of the future

i suppose if bitcoin never change its value but keep going same price through years, i will not choose to invest in bitcoin because i wont do anything related to money without any profit for me in the future, i would rather choose other altcoins to invest rather than bitcoin.

Topic: If you knew Bitcoin would never change in value, would you buy it? - page 4. (Read 969 times)