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Topic: Would you still use Bitcoin if price would be stable for years? - page 12. (Read 11867 times)

legendary
Activity: 1638
Merit: 1046
Of course I would love to use bitcoin even though it is going to have a stable price. And as long as its way of transacting is going to be the same, then that is still an advantage for me. Since I love to send it with everything that I'm availing online with merchants and accepts bitcoin and as long as its miners fee will remain cheap.
Same here i still use bitcoin if the price of bitcoin will stay stable for many years since i need bitcoin because i am using it for other use like in trading buying domain and stuff online.. also we are earnings in bitcoin in some easy task and they are paying more than the other website that paying and usd paypal compare to bitcoin..
legendary
Activity: 1526
Merit: 1179
100%! It doesn't mean these heavy occasional fluctuations don't mean anything to me, because they do as they allow me to benefit from them in the way that I make profit by trading against the volatility.

Alongside that I also use Bitcoin as currency where I spend my coins from time to time, and send money from one place to another. Exactly here this stable price would turn out to be extremely handy.

It feels fantastic that I can send someone like $100 in Bitcoin where a few days or a week later the value of that transaction is still nearly identical to when I sent it. Because I already experienced this a while back.

It would be tremendous to continue seeing a certain price for prolonged periods of time. But then again, volatility addicts will start complaining and probably leave Bitcoin to find their bit of joy elsewhere.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
The price of bitcoin can't be stable. I am not even talking about dramatic pumps and dumps (1000% up here we go!) caused mainly by Chinese traders.
Bitcoin with its limited token supply cannot hold stable value it is deflationary currency. More  adoption, constant number of coins=higher price per token.

Hypothetically in far future, when we would have every bitcoin mined and adoption progressed to the maximum level, them maybe then price will reach stable point.
hero member
Activity: 1050
Merit: 529
Student Coin
I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?

I'd definitely stay and keep on using bitcoin. Buying whenever I can too. Even if the value stays, it would still be much better than any fiat or even Gold. So I think unless bitcoin goes dead, most of us would be in always.
We have great experience with using bitcoin so that makes us stay, if time will come that investment would not be viable anymore, we can certainly use it as currency for our regular transaction. I myself is a gambler and I have found and easy way to do it with my bitcoin, so I would still continue to use it for my gambling needs.
hero member
Activity: 714
Merit: 500
I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?

I'd definitely stay and keep on using bitcoin. Buying whenever I can too. Even if the value stays, it would still be much better than any fiat or even Gold. So I think unless bitcoin goes dead, most of us would be in always.
hero member
Activity: 924
Merit: 505
That would be a positive yes for me and I will still use bitcoin for its price is stable, because that would maintain also the stability of exchange value between its price towards other currency conversion like digital currency to fiat currency. Digital currency market will be able to spike up its value to users, and could inspire more people to participate with digital currency for better purpose for investments.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
I dont know of any currency that have a stable value, they all react against the demand and economic influence. If u want to wait for such with bitcoin, am afraid you will wait for a long years. The volatile value of bitcoin is the reason I check the Internet every morning.

the reason for checking the price every day is not because of the volatile price, it is because you only see bitcoin as an investment. otherwise (for example) USD value changed too, if you are an American will you check USD value every morning? no. but if you were a forex trader and saw USD as an investment you would have checked it every second.

and the price is becoming more stable. you can compare the rallies and drops to 3-5 years ago for example and see how smaller they have become.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
I dont know of any currency that have a stable value, they all react against the demand and economic influence. If u want to wait for such with bitcoin, am afraid you will wait for a long years. The volatile value of bitcoin is the reason I check the Internet every morning.
legendary
Activity: 1414
Merit: 1001
yes I will continue to use bitcoin until later. because bitcoin has the ease and speed of every transaction made. everyone will be using bitcoin to support their activities.
sr. member
Activity: 277
Merit: 250
Definitely yes, in the first place it's all about that we must control our money not banksters or some intermediaries
newbie
Activity: 16
Merit: 0
yes it may effect because i think investment is one of the major factor of  and most of the people use it for investment for example people buy it on less price and sell it on a good rate when price is high but it is not the only factor most of the people also use it for trading or online shopping too.
legendary
Activity: 2660
Merit: 1074
Yes of course, if the price is stable you'll know what the maximum will be and the lower you be, than you can make infinite money by selling in the higher price and buying in the lower price

sideways with a known price range is almost as good as a bull market
hero member
Activity: 826
Merit: 502
Yes I will like to use bitcoin if the price of it remain a stable for years. I like to put my money to bitcoin and do not want to put them in bank so I do not want the volatile price of it but I like it to remain a single price.
sr. member
Activity: 546
Merit: 255
I would surely use , as i am not investing something is this .
Im enrolled in a signature campaign which is paying me very well.
So i would keep on going this way.
In the near future i would rarely think of investing in Bitcoin.
So if the prices remain $900 , i would still use bitcoins.
No matter the prices increase or decrease.
legendary
Activity: 910
Merit: 1000
I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?

I agree with you almost the people whom buy bitcoins because of they hope the price becomes more expensive but if It is stable on $900/ BTC for the next 50 years, it is good because still there are other choice for making high profits with making investment on altcoins (trading altcoins) and i will still use bitcoins although bitcoin's price is stable.
legendary
Activity: 1372
Merit: 1008
I think it will be better if bitcoin is stable, more people will use it and trust it, so yes, I would still use it
but what about the trader, of course when the fluctuations disappear or become stable prices. their profits will decline dramatically, particularly since most users are a trader, but of course I would survive because I love bitcoin
sr. member
Activity: 1372
Merit: 348
I think I will be using it if price become stable.  I can think of even setting up a business to accept bitcoin if the fluctuation remains minimal.  This way I am sure that Bitcoin will not change that much from receiving payment to converting and restocking to selling again.
hero member
Activity: 700
Merit: 500
of course yes even if it lowers to $500 I dont do any trading so I dont worry about the price I just want to use it online for my personal stuffs and buying some game items on my online game and I'll be thankful enough to bitcoin because I can't do that without it because its hard to my country origin to have paypal funds.
To use bitcoin as a currency we never need to bother about its price level.

Moreover I believe many merchants will be coming into adopting bitcoin payment system if bitcoin will be showing stable price levels. Only investors might be bothering about stable prices of bitcoin but definitely merchants will be loving stable prices.
sr. member
Activity: 280
Merit: 253
I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?


I think you are so wrong, i think that most users believe in the power of this technology and thats why they hold, anyone selling at these prices either got in early and cashing in early, are whales trying to stablise the bubble or are speculators.

The price will only go through the roof if users believe in the technology and hold their bitcoin as a store of value.  viewing bitcoin as a store of value and holding will make bitcoin increase in value.
I asked a question, so how can i be wrong? But anyway, you do not understand the premise of this. You think people should hold, because the price will increase. My question was if the would still "believe in the technology" and hold if the price would NOT increase.
sr. member
Activity: 434
Merit: 250
of course yes even if it lowers to $500 I dont do any trading so I dont worry about the price I just want to use it online for my personal stuffs and buying some game items on my online game and I'll be thankful enough to bitcoin because I can't do that without it because its hard to my country origin to have paypal funds.
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