There are less than 10 giant banks controlling the entire global economy and there is this bitcoin of ours and all people can think of is price.
Reason why Satoshi disappeared and vanished from online world was because the system( system in this post means most powerful intelligence and counter intelligence agency which is a multinational organization working for and with the giant banks that are owned and operated by less than 50 million individuals and only a few thousands of them are aware of that fact) was looking and tried to track him down to make him lock the source code then force him to shut down the project and eventually kill him, but why? because the greatest empire of all times felt threatened by this decentralized digital currency.
NO, no matter if price drops to 1 cent or stuck like tether at a fixed price, I am and will continue to support and advertise bitcoin for the rest of my life.
Topic: Would you still use Bitcoin if price would be stable for years? - page 15. (Read 11867 times)
January 21, 2017, 04:48:18 AM
January 21, 2017, 04:22:01 AM
First of all bitcoin price wont remain the same. It can increase or decrease .Many hope price will increase. Next thing is who knows bitcoin will be there in future. Just imagine what will happen when all the governments ban the usage of bitcoins. Then its price will decrease. So Bitcoin's price definitely cannot remain stable. In my case, I will use bitcoins if its price is less or more or stable . I like its usage because of its anonymous nature, instant transfer and less processing fee.So it's stabiliy is not a matter for me. 
January 21, 2017, 03:49:12 AM
I have to clarify some things. I do not ask about if you think a stable price is possible. This was a premise. I do not ask if you think other people will use it. I ask if you still would.
January 21, 2017, 03:24:45 AM
If i do have a decent amount of bitcoin and know how to earn them fastly then i would still use it even it stabilize its price.The people who are most affected there is the traders and the bag holders of bitcoin which is dependent on making money on any price movement of bitcoin.
January 21, 2017, 03:10:56 AM
Yes, I would.
I don't consider bitcoin having a stable price/value as anything remotely negative. Haven't been involved in trading much these past months so that's probably the main reason for me.
Anyway, it's a currency, if it's stable then great! It's still useful, I still get to control my own money, and it's still a great way to earn. Price speculation is not its only use.
On the other hand, volatility has got its own perks. So, it's not a cause for concern either way.
I don't consider bitcoin having a stable price/value as anything remotely negative. Haven't been involved in trading much these past months so that's probably the main reason for me.
Anyway, it's a currency, if it's stable then great! It's still useful, I still get to control my own money, and it's still a great way to earn. Price speculation is not its only use.
On the other hand, volatility has got its own perks. So, it's not a cause for concern either way.
January 21, 2017, 03:00:22 AM
We all love to earn. Lets admit that. A stable price of bitcoin could lower our profits and thats what we dont want. But bitcoin have some unique features that i think could save bitcoin from extinction. Bitcoin is anonimous. Sometimes we dont want government manipulation in our assets. Bitcoin is the way to avoid them. It can also be use for remitting funds all over the world. Its the fastest(if you put the fee to priority) and lowest rate to transfer funds. See. There still benefits on using bitcoin. Even if we cannot earn from it.
January 21, 2017, 02:45:57 AM
It would kill bitcoin eventually, because miners need the that the value is higher contraposition to the block reward that diminish
a stable bitcoin right now is not that good, we need first a higher value before talking about stability, but i'm already using it anyway no matter the value it has
a stable bitcoin right now is not that good, we need first a higher value before talking about stability, but i'm already using it anyway no matter the value it has
January 21, 2017, 02:10:08 AM
Lot of users fear for the unstable price. If the price gets stable lot many users will start to use bitcoin for their needs, because when stability is experienced bitcoin will be used similar to normal currencies. Personally I too prefer using bitcoin even if it holds long with a stable value.
January 21, 2017, 01:58:33 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?
That would be great, some of us are looking for stability and not necessarily the pump of Bitcoin because the fiat that we are used to is fairly stable every year and hardly fluctuate. I will rather invest in mining more bitcoins if this stabilization becomes practicable.
January 21, 2017, 01:53:49 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?
I'm not worried about that since i use bitcoin as currency so i really like if the price would be at 900 dollars even for the next 50 years, however it's bad for those who just want profit by selling them when price is high. If that happen many speculators would leave bitcoin, exchanger would be bankrupt due to there is no trading activities out there, beside that people will see bitcoin as real currency they would transaction with it without worried about it's volatile nature.Would you still use and buy Bitcoin or would you leave?
What you are telling is correct to one extend but i think even fiat currency is getting traded even when the flow of currency fluctuation is low even then it is traded in exchanges, so i think even when the price fluctuation wont be high but trading will be there as bitcoin will be used as currency so when the bitcoin gets empty then the user have to go to exchanges to buy it or have to work for bitcoin and even the work who is going to give will have to get bitcoin.
January 21, 2017, 01:33:51 AM
yes i would do it, it will be a moment, when no more btc can be created, things are going to change, and btc price will keep stable. those days are still far, a couples of year, but they will come and i will be using bitcoins
January 21, 2017, 01:22:28 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?
I'm not worried about that since i use bitcoin as currency so i really like if the price would be at 900 dollars even for the next 50 years, however it's bad for those who just want profit by selling them when price is high. If that happen many speculators would leave bitcoin, exchanger would be bankrupt due to there is no trading activities out there, beside that people will see bitcoin as real currency they would transaction with it without worried about it's volatile nature. Would you still use and buy Bitcoin or would you leave?
January 21, 2017, 01:07:37 AM
I will because I don't think the price will be stable, the price fluctuation is the only thing that attracts investors here and as long as the price will increase, it's always good for all who are on board. What I see in the future is as adoption increases more businesses will be interested to operate and we will have more options to spend our bitcoins. With that, I still believe gambling sites will be the leading business that will boom with bitcoin's success.
January 21, 2017, 12:58:14 AM
Why not? It can be as good alternative for credit cards or other way of payments. We all just want profit.
But theres still good of having bitcoin even if its price is stable. Bitcoin is an internet money. This is more convinient way of payment through internet like internet shopping. We don't need to pay through your bank account. Anonimity. People love that.
But theres still good of having bitcoin even if its price is stable. Bitcoin is an internet money. This is more convinient way of payment through internet like internet shopping. We don't need to pay through your bank account. Anonimity. People love that.
January 21, 2017, 12:51:22 AM
I would still prefer BTC over fiat when transferring overseas or remitting from overseas.
Unless banking system comes up with a mechanism which transfers money instantly with reasonable fees.
Unless banking system comes up with a mechanism which transfers money instantly with reasonable fees.
January 21, 2017, 12:46:25 AM
More than 75% of the Bitcoin community are traders and miners who depend on the rise and downfall of the market. They see it as an investment rather than a currency to use. There are very fewer people who use it for just buying stuff so I don't think it will survive if it gets stable.
How do you get that figure dude, you do not even consider the gamblers which is also big in my opinion. Some could earn in trading but there are losers also as that is how it goes in this crypto world. Not all of us are earning or making money, some are just here to spend especially in gamblingThe remaining part is Gambler's mate. And don't forget that most of the traders are Gamblers, they make money to play. If the rate gets stable then there will be very few traders remaining and it will affect the numbers of gamblers.
January 21, 2017, 12:40:53 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 obviously still use bitcoin if the price is stable. I don't use bitcoin thinking that one day it will go off the roof and make me a millionaire. Instead i use it for it's features and ease of transactions. Would you still use and buy Bitcoin or would you leave?
January 21, 2017, 12:35:06 AM
what you need to know is that bitcoin is money an as money people will continue using it no matter what the price is and how it changes.
and also knowing that bitcoin is money, you can look at other currencies. such as USD, ... they all have nearly stable prices (except from occasions) but they are still being traded. you see lots of volume in USD/EUR for example.
and also knowing that bitcoin is money, you can look at other currencies. such as USD, ... they all have nearly stable prices (except from occasions) but they are still being traded. you see lots of volume in USD/EUR for example.
January 21, 2017, 12:29:24 AM
More than 75% of the Bitcoin community are traders and miners who depend on the rise and downfall of the market. They see it as an investment rather than a currency to use. There are very fewer people who use it for just buying stuff so I don't think it will survive if it gets stable.
How do you get that figure dude, you do not even consider the gamblers which is also big in my opinion. Some could earn in trading but there are losers also as that is how it goes in this crypto world. Not all of us are earning or making money, some are just here to spend especially in gambling January 21, 2017, 12:28:38 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?
It would be great assurance for the further transactions and yes I would still use bitcoin in such case. Price matters while trading or doing any transaction and if it's stable then it would be the ideal situation for bitcoin to be accepted as currency. I mainly use bitcoin because it's is easy to use and cheaper than fiat, especially on the international level.
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