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Topic: If you knew Bitcoin would never change in value, would you buy it? - page 5. (Read 969 times)

full member
Activity: 378
Merit: 100
if bitcoin prices will never change I will not buy them, currently I buy bitcoin only for trading, and I am looking for profits from rising and falling prices, but if my country has legalized transactions using bitcoin maybe I will buy bitcoin just as a means of payment
member
Activity: 143
Merit: 11
I will win, not immediately but definitely
If the price is stable, then trades will not happen. Ten no network congestion,so the transaction speed will increase. i think who has bitcoin they will hold. no one will buy again.
newbie
Activity: 15
Merit: 0
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.

You could not have said the better. The profitability is in its volatile value to lower and to climb !! This is the bag no?
jr. member
Activity: 118
Merit: 2
No, if the bitcoin value is only at one level, we will not profit from it. We invest in bitcoin based on value fluctuations to make a profit. If its value is just a level I think it will quickly decline
sr. member
Activity: 434
Merit: 251
If I bought it inexpensively and the price would be today then yes I would buy well and maybe used as a protection of my savings
full member
Activity: 347
Merit: 100
"What's the point of buying it if it won't grow?"

There is an option the same like people today buying gold for example.
If they know the price is stable, they will buy it to protect their savings (not in banking systems or something deposit fund).
hero member
Activity: 868
Merit: 535
Hang on there. I do not get the point why you relate the possible increase of price of Bitcoin to it being a Ponzi Scheme as you have supposed it to be earlier on. The increase and decrease of Bitcoin's price is closely dependent on the increase and decrease of Bitcoin demand and not necessarily on the number of people who will buy the same because of the assumption that Bitcoin's price will increase. It may have an indirect effect but you can never attribute the same to be the sole purpose. Also, by definition, Ponzi Scheme means payment of quick returns. In Bitcoins, there is no such payment since it is you who is responsible for your own profitability. The returns you have in Bitcoins depend on how you decide to earn in the first place.
newbie
Activity: 2
Merit: 0
My answer is no because bitcoin reaches gold in the value and bitcoin is also going to be high in prices and values so i don’t think so that bitcoin would never change in values.
sr. member
Activity: 448
Merit: 281
I would not buy bitcoin. For sure, majority of the people won't buy bitcoin and if there will be few people would buy, this will result to bitcoin's fall. I think it might be more okay to use fiat money.
If bitcoin’s price remains constant and doesn’t increase then it is useless to buy bitcoin or invest money in it because we know that we would not get any profit on it so no one will go for it but this is not possible that bitcoin doesn’t increase its price.

In this world, mostly people are earning investing their money in bitcoin because whenever its price increase then it will be beneficial for its holder and they earn profit in this way.
full member
Activity: 397
Merit: 100
Most likely, I would not do this because I specifically invest in bitcoin because the price of it changes and I earn it
Well, if this happens then nobody will invest their money in bitcoin because everyone wants to earn from it, this is why people do invest their money so that they can earn profit. The raising price of bitcoin gives its holder profit because when someone holds it for a long time, may be few months or almost a year then they earn some profit on their invested amount and this is the simplest way of earning nowadays.
copper member
Activity: 658
Merit: 284
The price volatility of Bitcoin is encouraging so many investors to buy this crypto currency with the hope that its price will go to the moon in the future. If BTC have a stable price so many investors will avoid buying it because they have already many doubts about digital currencies generally.
Not everybody take bitcoin as an investment opportunity, some of us here only loves bitcoin as a currency just like USD only better. The bitcoin price growth is only just an advantage.
member
Activity: 418
Merit: 10
"simply getting the job done"
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.
Yes, your guess is right that nobody is buying and stocking bitcoin for long periods of time. If the bitcoin value does not increase, I make sure the bitcoin is not as famous as it is now. That means people are interested in bitcoin because of their lucrative investment value. Bitcoin will only be an online payment, if its value never goes up.
newbie
Activity: 12
Merit: 0
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.

stable price is good for me because you can start safety  trading  but as general it is bad people buy bitcoin to earn fast free money without work.

when bitcoin stable demand will down fast
jr. member
Activity: 51
Merit: 10
If i knew that bitcoin would never change in value i won't buy it because i will never make some profit and it's lost of money .
hero member
Activity: 1139
Merit: 500
Fiat money becomes cheaper due to inflation and devaluation. If bitcoin does not change the cost, then this is the best solution for investing.
I would buy it for my own purposes.

Human beings by default are to pursue some set of profit and that is what ruled all of their financial decision to the buying of a house or to the establishment of a business down to the contribution to a mutual fund just because they believe it will turn out more money at some time in the future. What now differentiate individual is about how greedy are we which has prompt individual investment decisions in the crypto world in general and not bitcoin.
Well in my part i believe that tje valuexof bitcoin is the most amazing value in currency because it can be chanve 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 appriciate its unstable price so then if the value of bitcoin is stable maybe bitcoin can fall down.
sr. member
Activity: 476
Merit: 254
Fiat money becomes cheaper due to inflation and devaluation. If bitcoin does not change the cost, then this is the best solution for investing.
I would buy it for my own purposes.

Human beings by default are to pursue some set of profit and that is what ruled all of their financial decision to the buying of a house or to the establishment of a business down to the contribution to a mutual fund just because they believe it will turn out more money at some time in the future. What now differentiate individual is about how greedy are we which has prompt individual investment decisions in the crypto world in general and not bitcoin.
hero member
Activity: 686
Merit: 502
Fiat money becomes cheaper due to inflation and devaluation. If bitcoin does not change the cost, then this is the best solution for investing.
I would buy it for my own purposes.
member
Activity: 406
Merit: 10
Nothing can stay at the same price level indefinitely and BTC will drop and will pump many times as it is a volatile investment.
member
Activity: 350
Merit: 10
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.
We all know that the greatest characteristic of bitcoin is  its Volatility, Many has ride the wave when bitcoin has reached 20k Mark from 1k USD. So if the bitcoin's price is guaranteed to stay the same I would not buy it since I will not profit to it.
hero member
Activity: 2184
Merit: 531
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.

No, I won't buy or storing bitcoin if the price is stable. Because, bitcoin and other types of crypto is not recognized as a means of payment in my country even though the price is stable. So, storing bitcoin under such conditions would be very unreasonable.

But it can be. Wouldn't you want to risk storing it so that you can have an alternative in case someone tries to seize your wealth? If it would never gain value but also never lose it would still be better than most people you can buy. Cars, boats, aircrafts, they all depreciate in value and bitcoin would stay the same which would make it a great alternative investment for doomsday preppers.
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