Topic: Would you still use Bitcoin if price would be stable for years? - page 3. (Read 11867 times)
February 16, 2017, 06:44:07 AM
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.
February 16, 2017, 06:24:52 AM
Yes of course I would continue to use bitcoins because if the value is stable it means that you will have a lower risk to lose the value of your bitcoins and so to lose everything. Furthermore, it will be a good new because it means that bitcoin will be safer!
if the price is stable, the risk would indeed become smaller, because prices will not quickly change. but it will make speed in profits slowed. if you are not a trader. certainly it is not a problem dude? full member
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February 16, 2017, 05:43:51 AM
Definitely, and I think that if the price was stable more services would start accepting Bitcoin as payment. It would also be a great way to keep your savings as most major currencies inflate over time.
February 16, 2017, 05:43:13 AM
Of course yes, I still using even there is no movement of price for years. I would not hope that I could earn a bitcoin for only storing it. I earn investing and trading cause I know I really earn on that way. I also working hard by collecting bitcoin. And because the bitcoiners is convert his money to bitcoin not by just convert they convert for a reason.
I agree with u..will still be using Bitcoin even no movement in price...because I believe in Btc..I also generate more Btc through trading and investment and by collecting freely online....I love Bitcoin will use it forever...even if price changes..
First open see any price chart in Google search. You could able to see the price fluctuations for the passed years. If it is stable or not. Bitcoin is still using by my many people around the world and they make passive and main source income from bitcoin long years.
February 16, 2017, 05:29:25 AM
Of course yes, I still using even there is no movement of price for years. I would not hope that I could earn a bitcoin for only storing it. I earn investing and trading cause I know I really earn on that way. I also working hard by collecting bitcoin. And because the bitcoiners is convert his money to bitcoin not by just convert they convert for a reason.
I agree with u..will still be using Bitcoin even no movement in price...because I believe in Btc..I also generate more Btc through trading and investment and by collecting freely online....I love Bitcoin will use it forever...even if price changes..
February 16, 2017, 04:50:45 AM
yes, it's possible. bitcoin has flexible functions. although the price is not rising, but there are still many advantages contained in bitcoin. example is the transaction. the orangutans as possible can take advantage of the singer to review transactions online. I think, there are many who will buy it.
I think that you're right because you use the Bitcoin for different things. And because of the advantages it has.
February 15, 2017, 01:39:58 AM
Would I be willing to sell items for it? Sure. Would I buy and stack it? No, I would use it to buy stocks that have a dividend, I think a lot of us here are interested in increasing our wealth, for first world nations our fiat works well. I don't need another currency, I want something better, and staying at 900 USD for 50 years means it loses buying power just like the dollar.
I agree with most of these points but I also think that Bitcoin is a great currency and provides an easy of use for purchasing goods and services securely. I'd still use it for purchasing and selling items, but if its entirely stable there would be no sense on holding onto it for long periods of time as an investment.
February 15, 2017, 01:03:36 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?
EDIT: Poll added!
I still use it but if the price of bitcoin stable the next 50 years it's will not earn profits those who make bitcoin as an investment because there is no change in the value of a bitcoin itself. I think it was tough going Would you still use and buy Bitcoin or would you leave?
EDIT: Poll added!
February 14, 2017, 11:27:33 PM
Would I be willing to sell items for it? Sure. Would I buy and stack it? No, I would use it to buy stocks that have a dividend, I think a lot of us here are interested in increasing our wealth, for first world nations our fiat works well. I don't need another currency, I want something better, and staying at 900 USD for 50 years means it loses buying power just like the dollar.
Absolutely true. We may not wanna stack Bitcoins like now everyone is trying to do, But we will be definitely using it if there is no better option comes in all those years. We Don't love Bitcoin for just it's volatility, we love it for the usability and easiness in the transactions.
February 14, 2017, 11:10:52 PM
I used Bitcoin even after the price fell from $700 to $220. If it was stable why would it stop me from using Bitcoin? I'm not a trader - I don't care much about the price. If it would be stable, I think there will actually be more people joining in because that's a fear for many people: instability.
are you serious? if bitcoin price dumps hard, i think bitcoin will be useless too, Even if you are a trader or not , it is usual to consider the price of bitcoin before you use it because bitcoin is a currency and not a collectible items, it is meant to use on buying and selling that's why price is the most important factor of it
February 14, 2017, 08:28:07 PM
Absolutely yes, If they will be proven to be steadily improving why not?It feels that it would be safer to use bitcoins than before and maybe after some years it can be an alternate mode of payment not only on larger establishment but on smaller ones also.
February 14, 2017, 07:53:25 PM
Yes of course I would continue to use bitcoins because if the value is stable it means that you will have a lower risk to lose the value of your bitcoins and so to lose everything. Furthermore, it will be a good new because it means that bitcoin will be safer!
That's what comes into my mind too. People will be using bitcoin more and more as a currency when it is already stable. Even a newbie could already use bitcoin as they will not be afraid of the ups and downs of the price. Merchants too, they will be open to use bitcoin if it is not moving that much as they are busy and no time to watch out for the price to trade their bitcoin when the price swings. But definitely not for investors who are into trading. It will not be good for them except if they are into altcoin trading.
February 14, 2017, 12:27:27 PM
Yes of course I would continue to use bitcoins because if the value is stable it means that you will have a lower risk to lose the value of your bitcoins and so to lose everything. Furthermore, it will be a good new because it means that bitcoin will be safer!
February 14, 2017, 01:17:14 AM
I used Bitcoin even after the price fell from $700 to $220. If it was stable why would it stop me from using Bitcoin? I'm not a trader - I don't care much about the price. If it would be stable, I think there will actually be more people joining in because that's a fear for many people: instability.
are you serious? if bitcoin price dumps hard, i think bitcoin will be useless too, Even if you are a trader or not , it is usual to consider the price of bitcoin before you use it because bitcoin is a currency and not a collectible items, it is meant to use on buying and selling that's why price is the most important factor of it
February 14, 2017, 12:43:13 AM
I used Bitcoin even after the price fell from $700 to $220. If it was stable why would it stop me from using Bitcoin? I'm not a trader - I don't care much about the price. If it would be stable, I think there will actually be more people joining in because that's a fear for many people: instability.
February 14, 2017, 12:29:44 AM
I personally will still wearing bitcoin, during Bitcoin prices are still higher than the dollar and gold.
Bitcoin is very pleasant, because very quickly rise & fall(liquidity), unlike FIAT movement in general. Bitcoin has always proved itself to rise and stable over other currencies.
Bitcoin is very pleasant, because very quickly rise & fall(liquidity), unlike FIAT movement in general. Bitcoin has always proved itself to rise and stable over other currencies.
February 14, 2017, 12:26:47 AM
Satoshi intentionally developed bitcoin in a way that the value only be moving upwards, as you can see it started from $0.01 cent and is rising day after day and price will only rises year after year, stop worrying about the temporary fluctuations as they are natural occurrences of day tradings.
I don't think so, the value of bitcoin was coming personally. With all of the advantages has offered by bitcoin and it makes the community (bitcoiners) were realizing if the bitcoin is really potential. Satoshi don't ever think the price of bitcoin will touch $1000 in my mind. February 14, 2017, 12:13:15 AM
I would not be interested again using bitcoin if its price stable. the fundamental thing that kept me interested in the bitcoin is an investment, when I bought the greatest hope is thus bitcoin benefit (not for the transaction). so if the price is stable then I will switch to other investments and use real money for transactions.
I think stable price of bitcoin will attract more user because main reason why most business doesn't accept bitcoin is instability in price.If price would stable then more business will accept bitcoin as payment method and a user will feel safe using bitcoin without worrying about losing money because of price drop. February 14, 2017, 12:08:24 AM
I would not be interested again using bitcoin if its price stable. the fundamental thing that kept me interested in the bitcoin is an investment, when I bought the greatest hope is thus bitcoin benefit (not for the transaction). so if the price is stable then I will switch to other investments and use real money for transactions.
February 13, 2017, 11:34:58 PM
I'll still be using bitcoin, even after the prices would become stable.
I support the idea behind bitcoin and not the fluctuations in the price.
I support the idea behind bitcoin and not the fluctuations in the price.
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