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Topic: Would you still use Bitcoin if price would be stable for years? - page 4. (Read 11867 times)

legendary
Activity: 3234
Merit: 1214
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Well yes i will still use it, the unstable price of btc does matter to me because im earning through it but the idea of btc getting stable price is not bad at all. i will save some of my fiat money in btc and use it to send money to my relatives that is i usually do. i still like it because of the low fee and if btc has a stable price i wont get worried that that my money will decrease.
Most users does the same and will continue to use even when the price is found stable. Also it'll easily attract the people who are not interested to be a part of uncertainty about the growth of the digital currencies. Periodically we get good stable prices which right now is above $1000.
hero member
Activity: 3010
Merit: 629
Well yes i will still use it, the unstable price of btc does matter to me because im earning through it but the idea of btc getting stable price is not bad at all. i will save some of my fiat money in btc and use it to send money to my relatives that is i usually do. i still like it because of the low fee and if btc has a stable price i wont get worried that that my money will decrease.
newbie
Activity: 28
Merit: 0
I am still going to use bitcoin even if it's price would be stable for next 100 years.
But it will lose popularity among the investors.
member
Activity: 66
Merit: 10
I think, if the price would have been stable for next 50 years then more people would start to believe in bitcoin and bitcoin will gain confidence among masses.
And yes I'll still be using it.
newbie
Activity: 57
Merit: 0
I think if it was stable for long enough it would become more common among non-tech folks. Then it would grow in value though so I'm not sure it's even possible to be that stable.

I think there is still too much negative press around btc like the whole silkroad thing is too fresh.

I love it though.
newbie
Activity: 12
Merit: 0
Sure i will use it. It is good for bitcoin to keep stable.
sr. member
Activity: 980
Merit: 255
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 still use it, obviously if the price were to be stable then some interest is going to be lost especially from investors but it will offer great stability for the development of businesses.
legendary
Activity: 3248
Merit: 1160
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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 that would be the main intention, if people will not create big demand then the price would have not gone this big. I guess he started a great system but we, the people patronize this as we see this is new and opposite with the current fiat system. We can use it online easily bypassing many restrictions, so we users find freedom with bitcoin.
hero member
Activity: 924
Merit: 506
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.
sr. member
Activity: 351
Merit: 250
If the price stayed that stable for years I wouldn't probably hold us much bitcoin as I now do but on the other hand I am optimstic that I would use it more, especially if the anonymity and the decentralization stay as is.
full member
Activity: 182
Merit: 100
Firstly, I don't think bitcoin or any cryptocurrency will be stable for years in any period of time. Because bitcoin is not only a mean to trading but also the coin for people to trade, I mean the bitcoin price will be fixed by people who have large amount of it, they will change the price of bitcoin to fit with their needed. So the price will not be stable too long. And yes, if any special event made that impossible thing happen, I will still use bitcoin because its always preeminent to me.
sr. member
Activity: 378
Merit: 250
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I think, though the price of the bitcoin stable then I will continue to use it. This is because when compared to bank transactions, with bitcoin better and effective. In addition, transactions with bitcoin safer and faster.

If it will be stable then it will not be different into other currencies,though if its value is higher than other fiats probably,ill still use it.
full member
Activity: 224
Merit: 100
I think, though the price of the bitcoin stable then I will continue to use it. This is because when compared to bank transactions, with bitcoin better and effective. In addition, transactions with bitcoin safer and faster.
legendary
Activity: 1624
Merit: 2481
No, it doesn't make any difference with fiat money. No interesting things if the price is stable, I wouldn't be trading bitcoin and buy bitcoin again. If stable prices is certainly not going to save a lot of bitcoin, because it can be affected by inflation and I'll choose save money in the bank than bitcoin.

Yes if it is in stable position many people will not use bitcoin because both are in equal stage fiat = bitcoin. Than what is the use of buying bitcoin and after converting them into fiat is useless just additional charges. Many people are attracting to bitcoin because of it's price variations, so in this way they will make profits through bitcoin.
Yeah I think most of the people who are using it just for investment or trading it will we the great loss for them and bitcoin will lose its user by this method so I think this will give the worst impact on user base of bitcoin adoption and hence may influence bitcoin prices too.

I don't care if the price will be stable in the next few years.
I dont own BTC just because of trading and earning money.
I like the idea behind bitcoin, the math and the system..
And the ability to send money all around the world in a few minutes..

hero member
Activity: 896
Merit: 502
No, it doesn't make any difference with fiat money. No interesting things if the price is stable, I wouldn't be trading bitcoin and buy bitcoin again. If stable prices is certainly not going to save a lot of bitcoin, because it can be affected by inflation and I'll choose save money in the bank than bitcoin.

Yes if it is in stable position many people will not use bitcoin because both are in equal stage fiat = bitcoin. Than what is the use of buying bitcoin and after converting them into fiat is useless just additional charges. Many people are attracting to bitcoin because of it's price variations, so in this way they will make profits through bitcoin.
Yeah I think most of the people who are using it just for investment or trading it will we the great loss for them and bitcoin will lose its user by this method so I think this will give the worst impact on user base of bitcoin adoption and hence may influence bitcoin prices too.
hero member
Activity: 980
Merit: 506
i am using bitcoin as currency for online shopping and i think its not a big problem for me if bitcoin price much more stable for many years but i think it will be very bad news for bitcoin users they will be never trade with bitcoin.
hero member
Activity: 798
Merit: 503
For me, I would even preferred a stable price if and something high enough to make everyone happy. From the way I see it, an increase in the price of bitcoin from the price I had set in my mind is a bonus to me while a decrease, I see it as a loss so the driving force of myself to bitcoin is not the continuous increase and I am sure if that can be achieved then we can debunk the myth that bitcoin is a ponzi scheme that would soon crash...
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
Yes and I think that stability of the bitcoin can contribute to wider businesses accepting it as payments. Since wherever I've asked (a lot were private wow servers) if they were planing on implementing bitcoin as an option, they stated that the main reason they didn't implement it was the instability of it's price.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
yes, I am still going to use it. I do not think too much about if bitcoin prices stable, or not, because at the moment I only intended to collect bitcoin. Well, I think there are many advantages that we get if bitcoin prices stable for a long time. so maybe the government will also use bitcoin
I guess there will be no relation for government's stand on bitcoin and a stable prices of bitcoin. But when bitcoin will have a stable prices for years, many merchants will come forward to accept bitcoin payments which may lead to main stream adoption then government may make a stand on bitcoin. But achieving big prices also will enforce governments to unveil their stands.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
If there was more international acceptance then I'd continue using it while abroad, but only if I could obtain it without a premium which is impossible in the UK.

As for day to day spending, nope. The fees aren't going to get any cheaper and it's already too much for more modest transactions. I can use a debit card that costs nothing. I ain't a charity. If Bitcoin can't fulfil a need in my life then I'd get rid.

A rising price inspires spending. Complete stagnation would not.
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