Topic: Would you still use Bitcoin if price would be stable for years? - page 13. (Read 11890 times)
January 21, 2017, 12:52:39 PM
With the current price for bitcoin I surly would use bitcoin even in the case of stable price. Bitcoin is the only way to make money to me and I am very disappointed every time when the price goes down. So in the case of stable price for bitcoin I could work and make money calmly without checking the price for bitcoin some times daily.
January 21, 2017, 12:14:00 PM
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?
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.
January 21, 2017, 12:07:23 PM
Personally I'm in just for the chaos, lost a great deal during the Gox fiasco but it's part of the fun (made it back during halving anyways). IMO it's good that it's so unstable rn cause people like me who love to watch the market and trade the currency will keep it alive as long as it stay's crazy. But after Bitcoin gain's wider adoption it'll probably become stable and treated just like any regular currency. In that case I'd still use it, been in this community for too long to give it up.
I mean right now when you look around a sizable portion of Bitcoin spending still comes from the shadier parts of the internet. Compared to back when it stabilized at $120 it is being more widely accepted, but still. I'd say that trend will continue, by the time Bitcoin becomes the average Joe's currency it'd be one or two halvings away, then it'll probably stabilize on a value that's way higher than $2000.
I mean right now when you look around a sizable portion of Bitcoin spending still comes from the shadier parts of the internet. Compared to back when it stabilized at $120 it is being more widely accepted, but still. I'd say that trend will continue, by the time Bitcoin becomes the average Joe's currency it'd be one or two halvings away, then it'll probably stabilize on a value that's way higher than $2000.
January 21, 2017, 12:05:53 PM
i will still use bitcoin if price would be stable for years because i am sure that this thing is happen then altcoin price will be increase like before and with altcoin increase, i think we can earn more bitcoin and take the profit then we can sell our bitcoin to make another profit.
January 21, 2017, 12:04:09 PM
If the price remains stable for a long time I would still use bitcoin ,It doesnt matter if it stocked . I use bitcoin to earn money and Im beleiving that even bitcoin price wont change it would be a source of my income.
January 21, 2017, 11:50:25 AM
When I first came here as a newbie at nights before sleep was thinking to myself that bitcoin works like this: if I have $10 bucks worth of BTC and like 0.011 then when price goes up or down my 0.011 will automatically change to 0.01 or 0.012 to adjust to my $10 balance, but then I thought wtf? why would anyone want to halt their money in a fixed state while they can work or invest or even give it to banks for at least a slow growth over time.
Since every thing in the world is in motion, bitcoin should be too as well and an amazing part about it's price fluctuation, it is not a pyramid like altcoins but a circle. so a stable bitcoin without rapid growth and slow drops wouldn't be BTC at all and answer is no.
Since every thing in the world is in motion, bitcoin should be too as well and an amazing part about it's price fluctuation, it is not a pyramid like altcoins but a circle. so a stable bitcoin without rapid growth and slow drops wouldn't be BTC at all and answer is no.
January 21, 2017, 11:31:40 AM
It seems clear to me that a stable price of bitcoin would be the best not only I would use it but I could also keep my savings without the fear from price fluctuations. In reality, I deal occasionally with trading so my interests in cryptocurrencies are very different from trader ones. I feel free and safe using a not inflationary global currency where there is no bank to haircut my savings or a government to impose capital controls.
January 21, 2017, 11:10:41 AM
No one would want to start their business by transactions
In bitcoins as the value keeps on changing .
A stable price would encourage the merchants to take payment in the form of BTC as they would not face any lose when the value goes down
It would become more of a payment method from an investment option
In bitcoins as the value keeps on changing .
A stable price would encourage the merchants to take payment in the form of BTC as they would not face any lose when the value goes down
It would become more of a payment method from an investment option
January 21, 2017, 10:55:42 AM
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 $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?
Would you still use and buy Bitcoin or would you leave?
Yah,I will still use Bitcoin.Because Bitcoin is giving me many opportunities for making money.And it's helping me to make life more good.If Bitcoin price stuck at 900$ then it will be problem holders who earn good amount in short time.And also it will cause a great harm on trading.
January 21, 2017, 10:54:28 AM
I think if the price of bitcoin becomes stable, then many people just use bitcoin as a means of buying and selling goods only, and for trading I think demand will be reduced. Because me personaly , doing trading by utilizing the bitcoin prices rise and fall quickly.Thank you
January 21, 2017, 10:52:33 AM
That kind of hard if it will just stay in one price. I have been staying with bitcoin because of its price fluctuation actually, it make me some money that I cant get in just walking in the streets. For it to stay in one price that would mean something is controlling it already and I really dont want that. I want freedom in its usage anywhere anytime.
January 21, 2017, 10:52:20 AM
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
January 21, 2017, 10:49:18 AM
If suppose bitcoin will remain to that value for the coming 50 years then I think the traders will give less time to bitcoin but those people who want to implement bitcoin as their payment then they will readily adopt it as they will not have fear of the price volatility.
yes i am hopeful that bitcoin will remain for more than 50 years. i think bitcoin is design as to stay forever. yes that is a fact that those people who have invested their money for long term investment they are pretty confident for the price of bitcoin. they do not care the for the price of bitcoin if it fell down to some limit. January 21, 2017, 08:37:37 AM
If suppose bitcoin will remain to that value for the coming 50 years then I think the traders will give less time to bitcoin but those people who want to implement bitcoin as their payment then they will readily adopt it as they will not have fear of the price volatility.
January 21, 2017, 08:27:53 AM
I would use Bitcoins even the price would be stable. I now that volatility attracts many people because in that they see the opportunity to make profit. But I see Bitcoin not just as profit opportunity but also as alternative to traditional finances that gives me another choice.
And stable price would probably attract more businesses to Bitcoin so from that perspective stability could be good.
And stable price would probably attract more businesses to Bitcoin so from that perspective stability could be good.
January 21, 2017, 08:27:09 AM
Of course I will still use bitcoin. There are many reasons why bitcoins will still be used by everyone like you can send money for.your loved ones instantly with low transaction fees.
January 21, 2017, 08:21:32 AM
I would. And I am pretty sure many others would adopt Bitcoin because their biggest fear is the instability of its price. If you want to start a business, it's hard to adopt Bitcoin. The earnings can be cut by half within a single bad move like a DDoS or a hack. We need stability for a short time so more people will join us in with their businesses too. The more it's going to be adopted, the higher the price will get!
January 21, 2017, 08:19:19 AM
I believe on bitcoin because of its technology and not because of the price increase. That is why if the price of bitcoin will remain stable for longer even for years then I will be more happy with bitcoin because I want to put all my money in bitcoin.
January 21, 2017, 08:13:36 AM
Yes I will use bitcoin even the price is $900 that's still a huge amount and actually I'm using bicoin not for the price but for the less hassle when sending or receiving payment.
January 21, 2017, 08:03:11 AM
If the price is stable at the high prices of course I still use bitcoin, but if the price of the bitcoin is stable at low prices, it's likely to not use bitcoin it definitely exists. but for me there is no reason not to use bitcoin during it's worth.
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