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Topic: Would you still use Bitcoin if price would be stable for years? - page 5. (Read 11867 times)

hero member
Activity: 2170
Merit: 503
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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
hero member
Activity: 518
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!


For me,if the price of bitcoin dropped or increased I would still use it,to invest my money and also to facilitate  other transactions. 
hero member
Activity: 1806
Merit: 672
if the price stable for years i think people won't trade bitcoin anymore because very difficult to get profit from it and i think people would starting to leave bitcoin because as OP mentioning that people start to use bitcoin because they excitingfor the price and to get more profit with trade bitcoin and maybe i would do the same such as those people
I don't think a currency's main point is trading but its ability to become stable. A stable Bitcoin means more demand or in other words more businesses will accept Bitcoin. Because they know that they won't lose income because of volatility. With this I think the government will reconsider there views on Bitcoin.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
if the price stable for years i think people won't trade bitcoin anymore because very difficult to get profit from it and i think people would starting to leave bitcoin because as OP mentioning that people start to use bitcoin because they excitingfor the price and to get more profit with trade bitcoin and maybe i would do the same such as those people
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
the word "use" here is a bit tricky!
we are not "using" bitcoin much now! we are investing in bitcoin, and it is because bitcoin price is so volatile that we are not "using" it.

bitcoin is a currency or as the paper puts it a digital cash, so in case price was stable that would be the day we start "using" bitcoin for good.
legendary
Activity: 1526
Merit: 1001
I won't stop using bitcoin whatever happens only if there is no other way to use (in case there is no internet connection to make transactions) but the price will change very often because it is "bitcoin"
hero member
Activity: 1176
Merit: 509
Of course! I will still use Bitcoin even if the price will be stable for years because that is not the only reason why I'm using it. I'm also using bitcoin because it is very convenient to use and the transaction fees for every transactions I made are very low Smiley aside from that, I can send it wallet to wallet. Less hassle on my part.
legendary
Activity: 2492
Merit: 1145
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If bitcoin price remains and being stable for a long time , I might use it because the maib reason that I use bitcoin is to earn money and profits from my real money investment. But its impossible that bitcoins price will become stable for a very long time.
hero member
Activity: 602
Merit: 500
All the more that I am going to use it because as the price stabilizes, the more people will be enticed to use it regularly which will also lead to more merchants starting to accept it, and as long as the transaction fees aren’t prohibitively high and justifiable even for small transaction, my answer would be a big yes.
You have made a good point here.Price is the only reason people hold bitcoin as investment.This has a great hurdle in becoming bitcoin widely acceptable as many people prefer to spend fiat than bitcoin for they do not want to spend bitcoin.
legendary
Activity: 1400
Merit: 1001
Bitcoin is a deflationary currency, there is no way for its price to remain stable in the long run. I am not talking about volatility here.
Volatility is caused by relatively small market cap we have today, and every major sell/buy order is impacting bitcoin's price.
We might see final and stable bitcoin price in distant future, when all bitcoins will be finally mined. Until then, Bitcoin prices will be on a upward trend.
member
Activity: 98
Merit: 10
Would i still use bitcoin if the price would be stable for years? hm if the price is very high and become stable, then of course i will still use it but if the price fall down and it become stable for years, i dont think so if i still use it and maybe i will find another way to have a part time job. if that time will come, for sure i have a lot of bitcoins i keep. But maybe it would never happen, since the price of it is never been stable since from the past years
hero member
Activity: 714
Merit: 500
All the more that I am going to use it because as the price stabilizes, the more people will be enticed to use it regularly which will also lead to more merchants starting to accept it, and as long as the transaction fees aren’t prohibitively high and justifiable even for small transaction, my answer would be a big yes.
sr. member
Activity: 420
Merit: 250
yes because i use bitcoin for my income , if i not use it . where is i can get my money ?

You can just simply work in real job if you can't have income in bitcoin. And for me I would still use bitcoin if the price will be stable for years, it doesn't mean that just because it's already stable I'm not going to use it anymore. The price of it can be stably changing and that's the same on what's happening now.

I think he is trying to say that he is full time into bitcoin and that's the way he is earning money and if he stops using bitcoin then he won't get his income and I believe he is a full timer in bitcoin and if he is then he don't need to go for a real job as he can earn much more in bitcoins in compare to day job.
hero member
Activity: 3080
Merit: 603
yes because i use bitcoin for my income , if i not use it . where is i can get my money ?

You can just simply work in real job if you can't have income in bitcoin. And for me I would still use bitcoin if the price will be stable for years, it doesn't mean that just because it's already stable I'm not going to use it anymore. The price of it can be stably changing and that's the same on what's happening now.
hero member
Activity: 966
Merit: 515
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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!
You are right at some extent but here most of the bitcoiner doesn't dependent upon the price fluctuations .
As the trading became a tedious job to make profit , so fluctuations in the bitcoin price became a profitable thing for those some bitcoin traders .
But opposite of the price of bitcoin fluctuations , I want price of the bitcoin remain constant because some bitcoin trader don't want disturb in price because they have huge difference between the buying and selling price .
Secondly in the signature  campaign the price changes if the price of bitcoin increase but when the price get lowered then they never increase the bitcoin amount for the per post , that is a thing which is annoying .
sr. member
Activity: 546
Merit: 256
yes because i use bitcoin for my income , if i not use it . where is i can get my money ?
Maybe in one of the millions of jobs people all over the world are doing?

You're funny, we could call you a bitcoin child Cheesy

Explanation: Nowadays children are clueless without computers and internet. They don't know how to tie their shoes and use google to answer even the simplest questions. We call it children of the internet. You are the first official child of bitcoin, that doesn't know how to earn money without it.

maybe you should not use the world children. as for now all grown up "child" needs extra income to support their needs without the help of their parents. at this age the grownups would like to have his or her own income even if it is small or big. so you should not consider those kids but let us consider them grownups.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
yes because i use bitcoin for my income , if i not use it . where is i can get my money ?
Maybe in one of the millions of jobs people all over the world are doing?

You're funny, we could call you a bitcoin child Cheesy

Explanation: Nowadays children are clueless without computers and internet. They don't know how to tie their shoes and use google to answer even the simplest questions. We call it children of the internet. You are the first official child of bitcoin, that doesn't know how to earn money without it.
hero member
Activity: 798
Merit: 500
yes because i use bitcoin for my income , if i not use it . where is i can get my money ?
Hundreds and thousands of people are making their money from bitcoin and they do not always earn from trading but from a number of other ways also so they will not stop earning their ways and will prefer to use bitcoin. Like people have their companies with bitcoin payment.
sr. member
Activity: 434
Merit: 250
yes we dont use bitcoin only to make profit butwe use for transferring money world wide in ease and simple way without having to worry about personal information. last few days backi have too much pron sending moey though banktransferr to a graphics designer but with bitcoin its simple lie 1 ,2, 3 step for sending money to any part ofthe world or may be outside of world (Kidding)
Haha, outside of the whole world maybe Jupiter or mars.
I am agree with you of using bitcoin even if the price stable for years, because transactions it's too easy. So you can enjoying do transfers of bitcoin without any problems. Also if you do that, you can only pay a very low fees and sometimes without fees. bitcoin is easy to controle.
sr. member
Activity: 280
Merit: 250
yes we dont use bitcoin only to make profit butwe use for transferring money world wide in ease and simple way without having to worry about personal information. last few days backi have too much pron sending moey though banktransferr to a graphics designer but with bitcoin its simple lie 1 ,2, 3 step for sending money to any part ofthe world or may be outside of world (Kidding)
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