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.
If the btc price keeps unchanged, it does not decrease then the buyers of it are definitely just those who need to use btc exchange for daily payment needs. Traders will probably move from btc investment to other altcoins, such as ETH or LTC, etc. 
Topic: If you knew Bitcoin would never change in value, would you buy it? - page 9. (Read 969 times)
December 20, 2017, 01:47:12 PM
December 20, 2017, 01:46:27 PM
Probably yes, given that I'm trying my very best to avoid placing my money in the banks and bitcoin is the only solution for me to be able to control all my funds without having any questions asked. The notion that bitcoin is just a ponzi scheme has been around for ages, however they fail to realize that there is no central operator for bitcoin that pays out older investors; it's just that people are agreeing about the price that's why they're buying it, and isn't that the same thing going to USD? It isn't even backed by gold anymore, and the people all over the globe are just agreeing that it has some form of value because the government says so..
Oh and btw, there are some traits that bitcoin has that fiat doesn't. You need to read more about that in order to answer your question as well.
Oh and btw, there are some traits that bitcoin has that fiat doesn't. You need to read more about that in order to answer your question as well.
December 20, 2017, 01:25:32 PM
If its value does not oscillate and hold a steady value I would not invest in it. My goal is to rely on oscillation. bitcoin for profit.
December 20, 2017, 01:24:32 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.
It is currently unusable as a currency for ordinary purchases, with the high fees you need to be spending a lot to make it even remotely worthwhile.
So yes my answer is no, I'm buying bitcoin for its future value and possibly for its utility if it improves in the future, but I am more bullish on altcoins which actually do something useful.
December 20, 2017, 01:21:38 PM
If I know that the bitcoin price will not change and will be constant, then there will be no reason to buy it for the expectation of profit due to the growth of its value. It is this bitcoin property that makes it now attractive for investment.
In this case, bitcoin can be used simply as a means of payment. However, now it is unprofitable to use bitkoyn purely as a payment instrument. Infrastructure for this is not yet developed, few people take bitkoyn as payment. In addition, there are certain difficulties with bitcoin transactions. Considering all this, in that case there will be no sense in buying and using bitcomun.
In this case, bitcoin can be used simply as a means of payment. However, now it is unprofitable to use bitkoyn purely as a payment instrument. Infrastructure for this is not yet developed, few people take bitkoyn as payment. In addition, there are certain difficulties with bitcoin transactions. Considering all this, in that case there will be no sense in buying and using bitcomun.
December 20, 2017, 01:00:42 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.
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. December 20, 2017, 12:52:40 PM
Of course 
if I have enough money. Currently the bitcoin price is very high and I do not have enough savings to buy it.
if I have enough money. Currently the bitcoin price is very high and I do not have enough savings to buy it. 
December 20, 2017, 12:41:35 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 think the answer is no only and to be honest if the price would have stayed as it is today then nothing could have moved really. I mean no body would have bough it so price would have been ultimately dropped to something may be few dollars or kind of. No it won't be called as Ponzi schemes because the Ponzi is stuff where actual project is shown to be in working mode but when we make investment into it and when they don't pay us back then that called as Ponzi.
I think many people are buying it because of its good development and strategy of future and half of them are there to grab the profits as you said.
December 20, 2017, 12:38:25 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.
Yes of course. These days, buying it as a currency is not a big deal but in terms of investment Bitcoin still has advantages due to it's characteristics of being a decentralized currency even if we will compare it in the sense of being like a stable digital currency unlike today which is Bitcoin which is the most volatile digital money. Through it Bitcoin still has a bright future as an online investment asset. People will be more interested in it in terms of security and privacy. December 20, 2017, 12:36:57 PM
You miss the key points of Bitcoin. Well, it's never too late to learn:
- Censorship Resistant Transactions;
- Permissionless Value Transfer;
- Borderless Value Transfer.
December 20, 2017, 12:35:58 PM
Yes your guess is exactly right. I'm not gonna buy it if the price or the value would never change. If you use the word "stable" then my answer would be Yes. The value of every currency changes every day. If it doesn't then it's a dead currency. This changes does not mean they are unstable. They changes every single day but they are a stable currency. So, if the value of the bitcoin become stable then I would still buy it.
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.
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.
December 20, 2017, 12:28:51 PM
If the price of Bitcoin did not change, if it was fixed one unidad, I would buy it, provided there were merchants that they would accept as payment. But I believe that if that were the case, few people would want to buy Bitcoin, because nowadays what attracts people most to buy Bitcoin is undoubtedly the possibility of making a profit (in the long term) with valuation.
December 20, 2017, 12:27:13 PM
There are two kinds of people who buy BTC and both of them has the same goal of Bitcoin to be high in price in future. The first person invests in Bitcoin blindly and hope for it to gain in price as more people keep buying BTC. Their goal is achieved in one way or other as BTC keeps breaking records. The other kind of people knows how potential BTC is and they know that BTC technology will make it worth a lot more ans that's why they invest in BTC. As developments are made BTC achieves more number of investors. So whether or not people buy it for any reason the price of BTC keeps increasing and that's why it is always wise to buy some BTC.
December 20, 2017, 12:25:13 PM
Yes, because regardless of Bitcoin changing its value, we know that the future of all fiat currencies is to go down. 
Btw, that condition by itself implies that Bitcoin will continue to go up.
Btw, that condition by itself implies that Bitcoin will continue to go up.
December 20, 2017, 12:19:06 PM
Yes, but only if they solve the problem with the high fees, otherwise i would buy another coin.
December 20, 2017, 12:18:25 PM
I would buy like it was just my online money. If it would be the same as fiats yet implied in technology, i would rahter make it like my wallet because i know Bitcoin is much safer when stable and couldn't be stolen.
December 20, 2017, 12:18:10 PM
To be frank, some people just want to make more and more bitcoins i mean more and more profits and fill our wallets. And if we really knew that bitcoin has a fixed value then i would personally not use bitcoin or not buy them because if it's price was stable, then due to it's specialty of being a decentralized currency, there would be misuse of it. And some where we'll also have a part in it. So if i knew that bitcoin prices were stable i personally wouldn't prefer bitcoins.
December 20, 2017, 12:17:41 PM
Here's a simple explanation why bitcoin will still be popular and will still be brought by other even its value is static. Bitcoin will still be brought since it will be focused on being a currency rather than being an investment or passive income, and the other reason is cryptocurrency, even if bitcoin price is stable altcoin won't be stable too since they are made for profit and other things so in able to buy altcoin bitcoin will be brought first because it is mainly used to buy altcoin. Bitcoin will still be as popular as now even if the value don't change, and it will even gain more priority by government because it is stabilized and has the standards of a good currency.
December 20, 2017, 12:13:22 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 say that if bitcoin price becomes stable,then most of the newbies who buy bitcoins with the dream of getting rich would just sell their bitcoins and fly away from this network.Mostly the old investors would continue to hold.It would be continuously used as a currency for payment.Since the huge volume of transactions would get reduced as most investors leave the network,once again transactions my start getting confirmed quickly and transaction fee would decrease considerably to reach its normal fee.But traders would also lose interest in trading bitcoins. Jump to: