Topic: If you knew Bitcoin would never change in value, would you buy it? - page 8. (Read 969 times)
December 20, 2017, 05:59:56 PM
Many people not consider Bitcoin as currency anymore, most of them already consider Bitcoin as investment, that is why they don't mind Bitcoin price being fluctuated, if the price become stable, people will still used Bitcoin as currency but it won't be too many people using it
December 20, 2017, 05:56:48 PM
It is good for bitcoin to be a volatile because we can still buy now and hoping that it will climb so high in the future. But if the price of bitcoin become stable maybe there is low demand because no one can buy because they can't make more profit even if they invest big amount of bitcoin.
Yes you're right.No one would be interested to make investment in bitcoin because it will not make profit anymore.So what's the use of buying bitcoin when in the first place its price will never grow and it won't make good profits to the investors. December 20, 2017, 05:46:06 PM
It is good for bitcoin to be a volatile because we can still buy now and hoping that it will climb so high in the future. But if the price of bitcoin become stable maybe there is low demand because no one can buy because they can't make more profit even if they invest big amount of bitcoin.
December 20, 2017, 05:42:00 PM
I think the main reason why so many people are investing in cryptocurrency is because of the price that might change after a long period. The price volatility is the fator that convinces people to put their money in btc. And as it grows more people are getting involved so I think btc won't be a big hit in market if its prive is stable.
December 20, 2017, 05:35:09 PM
If the price never changes, there would be less people buying it but never none. Bitcoin has it purpose more than just an investment. It is a digital currency which means it is a currency to be used worldwide.
No one will invest in bitcoin anymore.People would love to hear bitcoin price having its skyrocket but once its price becomes stable and will never grow anymore,i think bitcoin will become less value or maybe,it would have no value at all. December 20, 2017, 04:31:58 PM
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.
I think it is not good if the price of bitcoin will not change. In order to attract investors, the volatility of bitcoin's price is useful. It is good to know that everything always change and accept the fact that there are sometimes bitcoin will floor or goes high. I think it is good enough to see bitcoin moves specially if you just get started to invest. You will wait the time until the price down. Trading is not recommended if bitcoin never change. No changing, no gaining of bitcoin. December 20, 2017, 04:23:50 PM
No i would not buy it, for the purpose of buying is to make Profit and weather it make profit or not, it is not a ponzi scheme. Bitcoin is a cryptocurrency and this can help in on line transaction, this can be considered by me to be a reason for me to buy it,provided it will be accepted for an online transactions.
December 20, 2017, 04:14:40 PM
bitcoin is digital money, it's price is unstable. So many people invest in it. If the bitcoin's value does not change I think no one invest in it anymore because bitcoin is not profitable.
You invest in something when you think it's price will go up, if there is 1 constant price there is literally no investing to be done.
If it were locked with the USD for example it could still be something to purchase for people who wanted to keep government/banks out of their business or who knows it could have some other benefit, but so far the fees kill any benefit for that. If that went away then it could definitely work at a constant price.
Another factor is the limited supply. If Bitcoins could be created the way the government can just print money into circulation, then it would be a different story.
December 20, 2017, 04:00:54 PM
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.
the main purpose is to use as a means of payment, of course, will acquire fiat currency because of the excess bitcoin in many ways. December 20, 2017, 03:51:25 PM
bitcoin is digital money, it's price is unstable. So many people invest in it. If the bitcoin's value does not change I think no one invest in it anymore because bitcoin is not profitable.
You invest in something when you think it's price will go up, if there is 1 constant price there is literally no investing to be done.
December 20, 2017, 03:45:06 PM
Yes! I would still have use for it as a method of payment and storage of wealth. It would actually be very useful for me to have something that didn't change in value.
For me it's also much easier to use than a bank account for example, and more secure than a credit card.
I'm not using Bitcoin purely because of its ever-increasing value, otherwise I would have left back in 2013 after Mt. Gox crashed.
For me it's also much easier to use than a bank account for example, and more secure than a credit card.
I'm not using Bitcoin purely because of its ever-increasing value, otherwise I would have left back in 2013 after Mt. Gox crashed.
December 20, 2017, 03:31:52 PM
bitcoin is digital money, it's price is unstable. So many people invest in it. If the bitcoin's value does not change I think no one invest in it anymore because bitcoin is not profitable.
December 20, 2017, 02:25:35 PM
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.
I would buy it to change it to another cryptocurrency. Most people know just about Bitcoin, not about Ethereum, Wings, Waves. December 20, 2017, 02:25:12 PM
It is a refuge of value, it has an intrinsic value that does not have the fiat money that they simply print it, besides they are only 21 million coins and of which 3 million were lost, in some future when the majority of the people buy or know them surely it will behave like currency, but analyzing decentralized markets nothing can have a fixed value, the value is given by the market.
December 20, 2017, 02:22:32 PM
lol if I knew bitcoin will never change value, of course I won't buy it, lol, I am not stupid.
December 20, 2017, 02:20:52 PM
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.
this is was a exactly that may happen if bitcoin price will be stable of course a lot of people may not be interested to buy bitcoin for, cause the purpose of why we are keep on buying bitcoin cause we see the price are moving and what we already will know about it is the way wherein we all know that we can a have a profit with it. 
December 20, 2017, 02:17:25 PM
In my opinion, bitcoin prices will have movement in early 2018 but if bitcoin prices will still exist, I will still buy bitcoin if we look at the circumstances other countries currently have legalized bitcoin for the sale of goods in the country with bitcoin such as japan. so the future of bitcoin is likely to be many legalized countries for digital payment methods that will be used worldwide so I will still buy it even if the price is fixed because I want to support the payment method using bitcoin in the future.
December 20, 2017, 02:16:38 PM
If it was stable then I would buy it yes. It would be a great alternative to having what little I do have eroded away by inflation and at risk of theft via bail ins. In fact I would actually prefer that it was stable.
December 20, 2017, 01:57:21 PM
I would buy bitcoin still no matter if the price valued was at a fixed rate,
bitcoin is fun to use as virtual money. If bitcoin price was never to be change,
with my earning methods I would profit from bitcoin the same way i'm doing now,
allot of investors would not pay bitcoin any attention if the price was at a stable rate.
bitcoin is fun to use as virtual money. If bitcoin price was never to be change,
with my earning methods I would profit from bitcoin the same way i'm doing now,
allot of investors would not pay bitcoin any attention if the price was at a stable rate.
December 20, 2017, 01:52:49 PM
yes.. the people will not buying bitcoin if bitcoin price is stable.. the people interest about bitcoin because the price is unstable, in my opinion because bitcoin is decentralization, bitcoin price will never stable, every day there is always an increase or decrease in price..
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