If you knew Bitcoin would never change in value, would you buy it? - page 6.

emberbekas

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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.

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.

seandiumx20

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arcs-chain.com

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.

lifengpu

sr. member

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Most likely, I would not do this because I specifically invest in bitcoin because the price of it changes and I earn it

Travel Token

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It would change a lot if you use Bitcoin as investment. Then I wouldn't buy it, I would choose standard bank investment.
On the other hand if you use bitcoin as form of payment constant value would be helpful.
Actually value of BTC will never be constant, so we don't have to worry about that.

senin

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I think that the majority will answer this question negatively. Especially now, when bitcoin has become slow, with hundreds of thousands of suspended transactions and an average commission of $ 37.
However, we return to our question. If bitcoin is bought mainly because of speculative aspirations, then what will happen to its price after it stops in its growth? And this means that the demand for it will drop sharply and it will also start falling sharply in price.

Amelial

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I will keep bitcoin, because I am sure bitcoin will give me a big profit

shezu007

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Quote from: Argoo on December 30, 2017, 09:59:34 AM

Indeed, this is a very interesting and timely question. I am sure that most people would not buy bitcoin if they knew that it would not increase in price and they would not receive income from raising its rate. Demand for bitcoin would then fall sharply. What would happen with bitkoynom then? The answer is obvious: it would fall sharply in price. This indicates that as soon as bitcoin ceases to grow, due to a drop in demand for it, it will quickly lose its value. Moreover, the inflated value of the bubble and drop to the real value. I do not even want to predict how low it can be.
Unlike bitcoin, with altcoyins, things are much better. They were mainly created to facilitate our life in a particular industry and have their own real value.

Yea mate said correctly that if price of BTC become fixed then BTC will be lose his more customers because more people are like bitcoin due to volatility of BTC as the price of BTC is varying then various traders are doing trading at that moment so when it fixed then trader will stop trading and BTC will face big loss also.

Argoo

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Indeed, this is a very interesting and timely question. I am sure that most people would not buy bitcoin if they knew that it would not increase in price and they would not receive income from raising its rate. Demand for bitcoin would then fall sharply. What would happen with bitkoynom then? The answer is obvious: it would fall sharply in price. This indicates that as soon as bitcoin ceases to grow, due to a drop in demand for it, it will quickly lose its value. Moreover, the inflated value of the bubble and drop to the real value. I do not even want to predict how low it can be.
Unlike bitcoin, with altcoyins, things are much better. They were mainly created to facilitate our life in a particular industry and have their own real value.

neonshium

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Quote from: negamus on December 20, 2017, 12:35:29 PM

In fact if bitcoin would be stable or no volatile it would be more used by banks and all other companies because you have a fixed price, it could work as the US value only that digital.
That is why USDT was created for, but it is impossible to use it because it has been manipulated a lot by just one company, bitfinex.

Yeah I will definitely invest in bitcoin and I am sure that the investment will be more than today because many people are afraid to invest in bitcoin because of the volatility.

If the price is stable then many companies, banks, or other organizations will start accepting bitcoin because the value will not change, and now many big companies do not accept because they have the fear to lose their money.

aji567

member

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Yes obviously I will buy bitcoin because bitcoin is the most valuable asset for the future. So what are you waiting for let's buy bitcoin.

Master Third

newbie

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Quote from: Dapper on December 29, 2017, 10:45:14 PM

I would be perfectly happy if there were ANY digital currency that had a fixed value (to say Euro or USD) peg. It's the usefulness of its portability that is most beneficial for me. The increase in value over the past years that has simply been a bonus.

I think this thing will not happen because it is a business and and let's say that will be implemented still it will cause a problem by crypto itself because the value of dollar is changing in other countries.

Dapper

sr. member

Activity: 560

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I would be perfectly happy if there were ANY digital currency that had a fixed value (to say Euro or USD) peg. It's the usefulness of its portability that is most beneficial for me. The increase in value over the past years that has simply been a bonus.

poomwon

member

Activity: 63

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Yes,If the price of Bitcoin did not change,it has a fixed value,It is suitable as a fixed currency, with good hedging.

gidaahmad

full member

Activity: 476

Merit: 100

If Bitcoin Value does not change maybe I will not buy it. And maybe investing against Bitcoin will not be as much now. Because our goal is to profit from the fluctuations of Bitcoin prices. And it is not interesting if the price of Bitcoin does not change.

yangjun1991

newbie

Activity: 56

Merit: 0

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.

hadveach

full member

Activity: 448

Merit: 102

yes, I will not buy it, because today's price is too expensive. unless the bitcoin price drops to a point of $ 6000, I will buy it. but it is not possible.
what I do today is collect a little money to buy a bit of bitcoin. slowly but surely.

Chris314

sr. member

Activity: 672

Merit: 266

Yes, because I hope bitcoin will be more and more used in the future. The fact it's not losing value is a guarantee, because money we use everyday loses its value with inflation : you have to spend more now than a year or five years agoto buy the same things.

TheButterZone

legendary

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RIP Mommy

If the fiat/BTC value went up to the all-time-high and THEN never changed again, I would buy/accept BTC after that.

If the fiat/BTC value was fixed permanently right now, any BTC I have now would have to be sold/spent at a loss.

Vannie12

full member

Activity: 630

Merit: 130

Of course I would buy. This is a technological investment and on day it will be used everyday just like when cellphones are first released, cheap to expensive but it is the modern face of communication and social media.
The volality it just one of the reasons why it is exciting to use. We should not worry about bitcoin going to Zero because it will not happen. As long as there are companies investing in bitcoin, there will be a value. And we should keep expecting increases because we are gaining support by now and why not hop in.
If the prices get stable then much better. Sure value with no worries. It is still a mode of payment and fast transactions. You are in control of your money and savings.

NeuroticFish

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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.

Your statements are incomplete. You say in title about value and then you say about the price.
If the value would stay the same most smart people would invest in Bitcoin. Because fiat decreases in value over time, including the Dollar, so Bitcoin would mean the best means for safe keeping.
Even with keeping the price and not the value would mean a good place to hide money, to store money for the kids, to transfer big amounts of money fast and cheap, to avoid embargo and so on. So... many have reasons to buy Bitcoin as long as it doesn't fall.
You need some imagination, but Bitcoin is way more useful than just a speculative vehicle to hope to get rich.

Topic: If you knew Bitcoin would never change in value, would you buy it? - page 6. (Read 969 times)