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Topic: Would you still use Bitcoin if price would be stable for years? - page 2. (Read 11867 times)

hero member
Activity: 882
Merit: 528
It all depends on the needs of a individual, If he feel like he has to keep the bitcoins and keep going then yes otherwise no !
However i will keep bitcoins in cold storage who knows what might happen.
legendary
Activity: 3010
Merit: 1280
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I would use it and I.think that many other people would do also because bitcoin volatility is not the only thing people use bitcoins, not all are traders or earning with bitcoin in other ways but people are using bitcoins because of other advantages.

I agree with you.  Other people does not know how to take advantage of Bitcoin fluctuation but they are good at taking advantage of usage of Bitcoin.  So basically those who are good at taking advantage of this usage are all for stability of Bitcoin price.  I will be using Bitcoin because I will miss the purpose why Bitcoin is created if I do not use it to purchase stuff in the internet.
hero member
Activity: 658
Merit: 505
I would use it and I.think that many other people would do also because bitcoin volatility is not the only thing people use bitcoins, not all are traders or earning with bitcoin in other ways but people are using bitcoins because of other advantages.
sr. member
Activity: 854
Merit: 251
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Yeah I would still use it since I am only earning through it and I am not buying any bitcoin,
So even if the price would be stable I wouldn't mind it.
legendary
Activity: 1232
Merit: 1091
I must admit that I do like the volatility as it allows me to gain profits, but that doesn't mean I don't appreciate the stable periods. Stability gives people more incentive to actually start using Bitcoin as currency tool instead of only as an investment. It would give the average joe also far more confidence to finally hop over to Bitcoin as by that time the volatility won't be a concern anymore. Growth must come from these people after all.
legendary
Activity: 1008
Merit: 1000
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If the price remained stable i might actually use it, As it stands i dont want to use it and would rather use Fiat because im more likely to make money by holding bitcoin. Holding Fiat does me no favours so i get rid of that first. Saying that if btc did steady out for years then i dont know what actual use i would have for it thats not already available without bitcoin.
hero member
Activity: 1274
Merit: 622
I have voted YES. Why not? I don't trade in the sense of making profit from Bitcoin's volatility. I just like the fact that BTC is always rising in price and that's why it's a safe investment. Also if Bitcoin was more stable the adoption of it would rise causing the inevitable rise in price which would be good IMO.
legendary
Activity: 1400
Merit: 1009
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?

EDIT: Poll added!
I will use bitcoin even if the price is stable. bitcoin saves a lot of time and money.

As long as bitcoin able to keep it's higher value, I'm still interest to use it as bitcoin become my main currency for some of my shop that make easier for me to do some global transaction that cost less compare if I'm using fiat.
As by now, bitcoin value keep higher mean that it will higher on the next few year
Exactly!
legendary
Activity: 2758
Merit: 1004
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maybe there will be some people who benefited from bitcoin have a stable price. and of course people will still be using bitcoin although the price is stable over very long time. even when bitcoin have very low prices, there are still many people who use it. I can only say, that the true bitcoin users, will never leave bitcoin, simply because it is.
legendary
Activity: 2030
Merit: 1028
As long as bitcoin able to keep it's higher value, I'm still interest to use it as bitcoin become my main currency for some of my shop that make easier for me to do some global transaction that cost less compare if I'm using fiat.
As by now, bitcoin value keep higher mean that it will higher on the next few year
legendary
Activity: 3374
Merit: 1824
We are all different and we also have many reasons to use bitcoin.
Some people buying bitcoin with hope to see price increase, in order to earn some quick profit.
Some people need bitcoin for trade, gambling or investments.
Others will use bitcoin in order to buy digital staff online, for example.
For some of us, the most important thing regarding bitcoin is anonymity and safety.
For others is possibility to earn some good money.
So, personally, I will still use bitcoin even if price would be stable for years
I don't like very strict rules from my local tax office and government regarding online income, so because of this I like bitcoin a lot Smiley

legendary
Activity: 3304
Merit: 1617
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Well I HODL an amount of coins so yes, if the price was stable for a few years I'd probably think the price wasn't going to moon & I'd just spend them.
hero member
Activity: 959
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?


That's the trader's mind. Honestly, we have still the other way to trade behind using bitcoin for the general trade. I will still use it because there are a lot of the sources to trade. I will never leave it.
A lot of the bitcoin's advantage have helped me a lot.

Also because since we are holding our bitcoin for a very long time and waiting until its price goes up to something that it never hit before, that is why we are hoping that bitcoins price would fluctuate always in a good price, why? because of only one thing, to have PROFIT from it, not just profit, a huge PROFIT, for our patience to earn.

But still, even though its price would just be stable for years in $900, I would still use it, $900 per bitcoin is not that bad compare to its price before, it is better to have something than to have nothing at all.

I think there is more to bitcoin than just the possibility of a dramatic price increase.
Anonymity is a big factor for many people. Or the possibility to send money without having a bank account.
So for me there would still be reason to use bitcoin even if it is stable.
Besides, a stable currency is better than one that loses in value.
hero member
Activity: 756
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?

EDIT: Poll added!

Of course i will, as long as i can earn them. I have never bought any bitcoins with my own money but i have been earning them from start till now, and for me no matter if the price stays stable, it is not that i don't like it when it goes up but as i'm not buying bitcoins so it wont be a problem for me if it does not go up, but i should just have a way to earn them.
hero member
Activity: 1400
Merit: 571
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?


That's the trader's mind. Honestly, we have still the other way to trade behind using bitcoin for the general trade. I will still use it because there are a lot of the sources to trade. I will never leave it.
A lot of the bitcoin's advantage have helped me a lot.

Also because since we are holding our bitcoin for a very long time and waiting until its price goes up to something that it never hit before, that is why we are hoping that bitcoins price would fluctuate always in a good price, why? because of only one thing, to have PROFIT from it, not just profit, a huge PROFIT, for our patience to earn.

But still, even though its price would just be stable for years in $900, I would still use it, $900 per bitcoin is not that bad compare to its price before, it is better to have something than to have nothing at all.
sr. member
Activity: 2436
Merit: 455
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?

EDIT: Poll added!

I would, stabling bitcoin in $900 is not that bad, it is better than to have nothing at all, it is still better to do signature campaign than surfing the net, posting on facebook with different pictures and videos, and got nothing in the end of the day, just wasted your time doing this stuff.

So, I am 100% sure that many people will still use bitcoin even though its price will not goes up anymore like they are expecting to happen this year, but, on the positive side, let's just hope that bitcoin would PUMP and its price won't be immobilized forever.
newbie
Activity: 32
Merit: 0
Yes, Of course. But to some extent. As investing would not be profitable at alll. so i will use another coin for investment purposes. but it will still be secure and safe way for transactions for me Smiley
hero member
Activity: 2870
Merit: 574
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I think I am still going to used it as curency and because the price is stable for years maybe i am not going to keep bitcoin as investment, and then i also cant used it for trading, so if bitcoin price is too stable i will find other coin to invest

i am still use bitcoin as my investment and will use it for trading also and i am sure if the price is stable, there is another time for bitcoin to getting increase for higher. i think its better to see the bitcoin price is change like now and we can make some profit because of the price.
hero member
Activity: 840
Merit: 501
I think I am still going to used it as curency and because the price is stable for years maybe i am not going to keep bitcoin as investment, and then i also cant used it for trading, so if bitcoin price is too stable i will find other coin to invest
hero member
Activity: 1316
Merit: 561
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I guess that everyone who believes in this new technology is hoping that someday Bitcoin becomes stable. Sure, for now, all this volatility makes it great for trading. But if Bitcoin is to succeed as a currency it needs to become stable.
Yeah, I guess so, although I love watching my balance go sky high after each time bitcoin fluctuates, being stable and less volatile will make bitcoin closer to the state of being a widely used currency. But I'm still getting some huge profit from bitcoin's fluctuation so its stability doesn't get my interest.
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