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Topic: Would you still use Bitcoin if price would be stable for years? - page 7. (Read 11867 times)

hero member
Activity: 630
Merit: 500
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.
but i think yes bitcoin will be still more popular and more and more merchants will adopt bitcoin and specially for transaction purpose so i can say that even if bitcoin become stable or years bitcoin will be more and more popular and people will still be accepting it for different purposes.
hero member
Activity: 1022
Merit: 511
To be honest i'd rather become more confident after we see a long term tipping point.

The prices may continue to increase for the next couple hundred years if real world interaction with cryptocurrency becomes more popular. Disregarding short term losses we may not see this happen anytime soon.
I think is it bitcoin will be like gold ? where the price is higher then becomes stable. I think it would be a little disappointing because there are a lot of traders who are in bitcoin, of course they are not going to like this
Exactly it will directly effect the user who is in the trading business or make money by direct investment and I think bitcoin will lose a number of traders if its price get stable. I think no currency in this world has stable price.

If price get stable it directly effects the economy of the country that will also be the same case of bitcoin community.
full member
Activity: 154
Merit: 100
Yes, the function of the bitcoin is ease of transactions, transactions with bitcoin can we do without the help of the bank, for a small fee, and get to destination faster than transfers with fiat money.
sr. member
Activity: 742
Merit: 250
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 think so, many people only care about the price of Bitcoin, waiting for price increases to benefit, they not interested in technology of Bitcoin.. This is unfortunate for those who do not care about it. In years to come, including the price of Bitcoin is not stable, I will still using and trading it as now. My favorite thing in Bitcoin is technology and its features, price is only part. Modern technology of the new Bitcoin is a constitutive element of its true value. 900$ for the next 50 years, it's not too bad, I thought it was a good price and suitable. If the Bitcoin price stability over years I think there are still a lot of people use it,  but I think that prices of Bitcoin will not stabilize, maybe it'll be a bit of fluctuation.
hero member
Activity: 672
Merit: 500
I prefer use Bitcoin even the price is stable, I still can get advantage from Bitcoin and increase what I have with trading altcoin or investment, I'm happy when the Bitcoin price is up and I don't think the price will always stable even just for one month, Bitcoin price will always change day by day up or down.
At that time people will still use bitcoin because people will not worry to put their money in bitcoin and will not fear of volatility and the market will also adopt it for their businesses for that reason so the use will increase more at that time. I will also then use bitcoin at that time and will store my money in bitcoin for more longer.
hero member
Activity: 518
Merit: 500
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, I have the same thought as from my perspective, bitcoin's instability and uncontrollability in price are what draw people's attention and more important, what make bitcoin really bitcoin. Fluctuation in bitcoin's price is like its signature, so if it was made stable for a long time then the number of its users would drop and I think I would be one of the ones who gave up on it.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
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 don't have an idea what will happen to bitcoin as well as the users if the price would become stable at $900 for the next 50 year Probably there will be so many people who would stop on using bitcoin and will migrate to another crypto currency well for me I'll still keep on using bitcoin as long as it has such huge value and as long as the bitcoin is still circulating and there are many people who would buy or invest in bitcoin it won't become stable in my opinion .
hero member
Activity: 3010
Merit: 666
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.
The people who was the majority interest of bitcoin when it becomes stable is not the trader, merchants will surely use bitcoin as this can be the biggest and the greatest payment system. However, due to the limited supply, I guess this will never be stable, and the interest of the traders and all the users of bitcoin will be serve.
full member
Activity: 238
Merit: 100
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.
hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
I prefer use Bitcoin even the price is stable, I still can get advantage from Bitcoin and increase what I have with trading altcoin or investment, I'm happy when the Bitcoin price is up and I don't think the price will always stable even just for one month, Bitcoin price will always change day by day up or down.
hero member
Activity: 798
Merit: 505
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 do agree . im using bitcoin because i know that the price is unstable like there are time that the price will go high because  that time we will earn a lot because of volatile price. if the price would be still in $900 well im using it not because of the price but because i earn from it and i can use it in real life or to buy some stuff online with the payment of bitcoin
sr. member
Activity: 462
Merit: 250
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'm not one of them  Grin. 18 years ago my father told me that someday robotic/automation/machine will help people earn money, it's time when people use robotic/automation/machine to work for human(passive) not robotic/automation/machine operated by human(active), and i believe it. Although bitcoin price will be at $900 for next $50 years, i will use it
sr. member
Activity: 462
Merit: 273
Possibly, it depends on what the value is. If it stays around where it is now, ($1000 USD), then yes. Although I do love the ability to watch the value in your wallet grow, I believe bitcoin is at a very decent value right

now, and would be happy sticking with it. In addition, I think it would help bitcoin become more mainstream because it will lose its reputation of being to volatile. People won't be scared of holding their money in

bitcoin because they know the price will stay consistent. This will help people recognize the benefits of bitcoin.
legendary
Activity: 2954
Merit: 1153
It would be easier to use Bitcoin once the price become stable since the era of speculation ended and the more stable value of Bitcoin started.  Merchant will then take the place of this speculative trader giving more usage to Bitcoin.  So probably in that time there is a store near me that I can use my BTC to buy stuffs.  Instead of leaving I may regularly use Bitcoin and use it as alternative to my local currency to buy stuffs.
legendary
Activity: 1106
Merit: 1005
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!

These aren't mutually exclusive. The price will go up because the technology is innovative.   
More users will increase the price, and an increased price will eventually lead to a more stable price. But only after the price has risen.
sr. member
Activity: 280
Merit: 250
sometimes we use bitcoin not to make profit but to make payments. like i faced problem to make payments with fiat curreny and online banking so i had no option to pay the bill and that was very important for me becuse i got the only cheapest web host which no other host provied so bitcoin helped me in tha situation. so obvioulsy using digital mosy feel goood then cash and fiat currency
legendary
Activity: 1596
Merit: 1027
Of course I would... Bitcoin is a world changing technology, and I'm pretty sure it will not fail. But even if it did I would still going to use it.
legendary
Activity: 1442
Merit: 1008
If bitcoin prices were to be stable more people would officially adopt it and I wouldn't  stop using it.
Currently a number of people are accepting bitcoin because they are seeing that the price of bitcoin will increase more higher in price but you are also right that if the stability occurred in price then those people who want to store only their money in bitcoin then they will start to put their money in bitcoin as they will want to hide their money for the sake of security from robbers and thieves.
people would prefer use bitcoin as serious currency rather than just an investment like a stocks. nowadays indeed people can't accept a currency with a high volatility price like bitcoin , but in the future i believe people could accept that situation slowly as time goes by. so there wouldn't be a serious problem when the scenario like this happened.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
To be honest, if bitcoin's price would stand still for years, it would lose what makes it different from others and then where's the fun part? Its instability and unpredictability have attracted me and driven me into this bitcoin world, so I wouldn't expect to use it if things changed.
legendary
Activity: 1918
Merit: 1728
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!

Indeed yes! When we say Bitcoin, it means currency. I don't consider it as an investment or security. Bitcoin is meant to be used as currency, and if the price of Bitcoin becomes stable, we still got-
1. Currency which is purely decentralized.
2. Currency accepted in all countries.
3. Currency providing me anonymity.
4. Currency helping me to enter into deal with people from other countries at minimum time and cost.
What else we want!
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