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Topic: Would you still use Bitcoin if price would be stable for years? - page 9. (Read 11867 times)

full member
Activity: 168
Merit: 100
Yea because bitcoin is perfect with low fees ,anonymously,it is not annoying like a paypal blocking account thatwe cant see in bitcoin worold what is really perfect for everybody of us.Also bitcoin will grow so I will sell it later so I must use it to do that to make more money.
hero member
Activity: 1148
Merit: 504
I think would because to me Bitcoin is not a highly volatile currency from which I make advantage by trading. Actually I suck at trading. I've tried it couple of times and then stopped. I use Bitcoin because it is convenient to be payed with it wherever you are and wherever your employer is.
I also was not too clever in the trade. but I know how important the fluctuations for the trader, so I think that when the fluctuations disappear and become stable, it will probably impact to bitcoin, because the trader is pretty much in bitcoin
hero member
Activity: 980
Merit: 523
yes i will still use bitcoin if the price of bitcoin would be stable for years because i use bitcoin as a currency and i buy a lot of product through bitcoin from any country and i hope we can be use our bitcoin in local shop for direct shopping.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
If bitcoins price would became stable then i would still use it because of the faster transaction online that bitcoin could made which would really be used by most people but i think that bitcoins price would stabilize if government could able to centralized it because as of now it cant be controlled thats why its price is too volatile.
sr. member
Activity: 526
Merit: 250
Other than the price, bitcoin is very convenient in online transactions and payments. therefore, whether the price goes down or up, I will still use bitcoin. The convenience is what matters to me.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
For 50 years at $900? I wouldn't want that because dollar inflation because it means bitcoin price slowly decreased over time Sad
Bitcoin have lots of potential and i'm sure the price will rise after SegWit has been used.
legendary
Activity: 1946
Merit: 1137
bitcoin price was the last thing that i had in mind when i started using bitcoin. i was interested in the rest of the features such as decentralize, low fees and security. and then price was a thing that i also enjoyed on top of all that.

and also you should all remember that if and when bitcoin price becomes stable that means people can start treating bitcoin more as a currency and that means a lot more shops will start accepting bitcoin as soon as price stability happens.
full member
Activity: 134
Merit: 100
Yes of course, if the price is stable you'll know what the maximum will be and the lower you be, than you can make infinite money by selling in the higher price and buying in the lower price.
If u want to wait for such with bitcoin, am afraid you will wait for a long years. The volatile value of bitcoin is the reason I check the Internet every morning.
hero member
Activity: 658
Merit: 500
If it has a stable increment over the years, yes I would still use it. I don't think that btc can be stable for long tho, bcs we are control it and we will never want the same price at once and forever.
Bt we do not have a direct control over it as it is a decentralized currency so if the whole community as a whole will want then can change it and the process will be if they adopt/invest more in bitcoin then.
member
Activity: 101
Merit: 10
If it has a stable increment over the years, yes I would still use it. I don't think that btc can be stable for long tho, bcs we are control it and we will never want the same price at once and forever.
full member
Activity: 267
Merit: 110
the biggest disadvantage of bitcoin is that  it is tax free and there is always a fear of the government to ban it and the 2nd biggest disadvantage is that its transaction fee is very high for the low transactions
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
I think would because to me Bitcoin is not a highly volatile currency from which I make advantage by trading. Actually I suck at trading. I've tried it couple of times and then stopped. I use Bitcoin because it is convenient to be payed with it wherever you are and wherever your employer is.
sr. member
Activity: 406
Merit: 250
Wolf
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 even $500 will do . It is true that bitcoins price fluctuation plays a great role and it is the thing that attracts most people to it . But even without that I think that bitcoin can stand alone . You can still save a lot if you use bitcoin since it has low fees and whats more if  it will be accepted by most merchants? . And what I like about bitcoin besides its fluctuation is the authority to control my own money, I can be my own bank and if the price is stable it can be considered as an asset cause there  willl be no risk that your money in bitcoin might go $0 .
sr. member
Activity: 1666
Merit: 276
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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!
probably yes as long as I have free time, I spare time with something useful like bitcoin, bitcoin is already a extra money for me

The same is with me, based upon the leisure time I get I'll spend time upon those for some extra earning. These days bitcoin is found to be more popular to give additional earning. So without doubt I'll continue using it even if it holds in as stable price.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
the price is never going to stay the same (stable) ever. you can see the price of Gold and other similar investment also the price of other currencies against each other. they are never stable. and bitcoin is no exception.

besides i am not a BTCLovingDude just for the price Smiley
i am in it for the long run, to see the adoption and use it to pay for stuff instead of using cash.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
Value-based price (also value optimized pricing) is a pricing strategy which sets prices primarily, but not exclusively, according to the perceived or estimated value of a product or service to the customer rather than according to the cost of the product or historical prices.
What is not clear here? We work for bitcoins, we use them. Price is important to marketers because it represents marketers' assessment of the value customers see in the product or service and are willing to pay for a product or service. Stable price means stable bitcoin, like this we are walking on edge, risk a lot.
This are definitions about price and value, use them to think again about stability. Stability doesn`t mean to be at 900 and stay there forever, it`s too be there for some time and then when conditions are good to rise again.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
Yes I would stop using bitcoin if it price remains stable for such a long period.
One of the major attraction to bitcoin is its price and if price gets stable,no new users will adopt it and even many existing members will quit using bitcoin and go for some other crypto.
Same here and i think almost all will still use bitcoin if the price would be stable since many merchant and website right now are accepting bitcoin and more sites and merchant will come to accept bitcoin there is no reason to stop using bitcoin since we can use them even the price of bitcoin is stable..
unless if bitcoin will crash back to $100 and many people will regret using it until stop using it..

Isn't it favorable to merchants if the price won't move too much in 50 years? and the only people that will be hurt too much are the traders? I am sure merchants will still accept bitcoin when the price stabilizes since they could just convert it back to fiat without a problem any time they want it... Besides, they could add extra amount in the price of their merchandise when they sell it for bitcoin...  Smiley
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!
A stable bitcoin price is not possible for a lot of bitcoin is stored in cold storage.If bitcoin price remains unchanged for long period,all stored coin will come in market for sale because holders will know they can sale at current price and buy back at lower price.Such a quick influx of all stored bitcoin will decrease its price.
Demand will also remain constant and at some point decrease as people know that they can buy anytime at this price so they will not hurry up to buy.
hero member
Activity: 924
Merit: 1001
Yes I would stop using bitcoin if it price remains stable for such a long period.
One of the major attraction to bitcoin is its price and if price gets stable,no new users will adopt it and even many existing members will quit using bitcoin and go for some other crypto.
Same here and i think almost all will still use bitcoin if the price would be stable since many merchant and website right now are accepting bitcoin and more sites and merchant will come to accept bitcoin there is no reason to stop using bitcoin since we can use them even the price of bitcoin is stable..
unless if bitcoin will crash back to $100 and many people will regret using it until stop using it..
legendary
Activity: 854
Merit: 1000
Yes I would stop using bitcoin if it price remains stable for such a long period.
One of the major attraction to bitcoin is its price and if price gets stable,no new users will adopt it and even many existing members will quit using bitcoin and go for some other crypto.
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