Topic: Would you still use Bitcoin if it stabilised at around USD$5000? - page 2. (Read 1453 times)

Yes i will still used bitcoin even it stabilized at around 5,000 USD. The reason is bitcoin is still usable even it's value is stabilized because bitcoin provide to me an opportunity to earn income and it is favor to me even it's value of it is around 5,000 USD.

In general, I do not use bitcoins much. Because basically I'm connected with altcoins. But I do not see any difference in using bitcoins at a price of $ 100 or $ 5000. I will definetly buy bitcoins at a price that will be on the market.

Absolutely i will never stop to use bitcoin even its to expensive. However it will still go to the higher price as wee see now adays bitcoin is popular because of its value  .so theres a chance bitcoin will continue to surge because of demand from the market.

I see no contradiction, try reading it again? They are in it for the quick gains. This is case for a lot of people.

In my case it's about what the competition can offer as well.

The heck, it already happened, and surpass the $5k predictions.


Oh dear, how on earth you don't use bitcoin but doing trade and investments to it. your statements contradicts itself. a sh*t post?

expect a FUD's in coming days, as the segwit2x is coming nearer.

Yes i rather to use bitcoin, i use it for my daily transactions. Even if the price stabilized around $5000 or maybe higher. Just put your bitcoin in your bitcoin wallet and save it for a long term.

sure sure i will use the bitcoin if it stabilised at 100000$ i love it so much really he made my life i will dont forget the bitcoin ever and must u do that 2

The thing is even if this were to happen, there would be other cryptos. It would not be the end of crypto at all. Therefore I would continue using it for sure.

Of course I would use it even if it would raise $ 5,000. The better it is to hold bitcoins so that when it rises in price it is certain we have something to keep

Wow it will be very good if I will be able to get the money I want. The price of the bitcoin is high and I will hold my bitcoin for the long time, it is the right decision for me to invest my money in the bitcoin and to hold it as much the price increasing money is the need of the day, hold your money and the investment in the bitcoin will profitable because the price is more than 5000$.

I will continue to use bitcoin rather than any other online payment gateway if price will remain stable around any price range.
It is almost free to send millions of dollar to any part of the world and you don't have to pay for all those fee you have to pay when sending through usual remittance service.

Bitcoin is for financial freedom..

Lots of interesting responses to my original question here!  Obviously, it was a purely theoretical question, since none of us believe the price will stabilize, and I'm sure it's not long before BTC is back over USD$5000.

But I find it interesting that a lot of people like to brag about how Bitcoin is this fantastic, decentralized currency of the future, yet to a lot of you who posted here that doesn't really seem to be an important factor at all - the main reason you are into Bitcoin is as an investment.  Nothing wrong with that, BTW.

If the price of Bitcoin theoretically stabilized (at whatever value), it should make it a better currency, but not really an investment.   If you're into Bitcoin for political or ideological reasons then the price stabilizing would not be an issue.  Personally, if I knew for a fact that Bitcoin were going to be stable, I'd move most of my spare money into Bitcoin because of its decentralized and international nature and as a way of limiting my exposure to banks.  Of course, I'd still have other money in investments (property, shares, other cryptos, etc), but my daily-use money and savings I'd happily put into Bitcoin.  The only thing stopping me from doing it now is that, while Bitcoin may go huge amounts, it could also go the other way, so I'm not prepared to take that risk.

Even at $5000 per coin, I can still use it for a cheaper alternative for remittance services. Try sending $5000 to someone

using the traditional services and you would soon find that Bitcoin is much cheaper than MoneyGram or WU... I have wired

money to someone before and paid up to 10% of the value in fees. To send amounts bigger than $5000 you have to signup

for Western Union online foreign exchange service.  

https://www.nerdwallet.com/blog/banking/wire-transfers-what-banks-charge/

I don't put when it goes $5000 mark since it can drop the rate. I know Bitcoin price will reach $6000 mark, but it is all about our fortunes we have to think wise and Bitcoin prices have grown only in this year so we cannot estimate correct price.

yes why not
sitting your fiat money on banks gives you and your money interest as long as it stays in banks
if that happen BITCOIN will still be good and if that stability will occur maybe some stores will accept it as a payment right???

small amount of fees and transferable around the world rather than banks

I think that this is going to be purely a thought exercise for the time being as Bitcoin is in no danger of stablising at any particular price.

The fact is that in my opinion Bitcoin is simply superior to fiat. That would be true at any price.

The fee I can say that lately have been decreasing with significant amount of difference just see on https://bitcoinfees.21.co it's no approx 160 satoshi/b which is pretty cheap for me now, but if you see it from the equivalent to usd or your local currency, can't resist that it's looks high.
but, let see what will happen after segwit2x

Still there are choice in digital coins if the problem on bitcoins is just getting profit from volatility of bitcoins, many alt coins out there that has huge volatility and big chance to get the profit, I am thinking about mass adoption of bitcoins around the world to be currency, it is not just an investment and in digital coins there are not impossible everything can happen couples years ago no one trust bitcoins will be $3000 today we saw more than it.

im starting use bitcoin at price $500 and now the price arround $5000 for me i will still use it , but not for small transaction, maybe just for big payment.
the fee for each transaction is very high for now.

the scenario itself impossible to happened , let's don't make an assumption on something unlikely to happened, nothing beneficial. bitcoin price would keep moving up and down maybe the close scenario to this is when the price only move a little bit like up for 1% and down 1% and so on. that's just make trader boring and investors to leave. bitcoin would remain volatile with its decantralization .