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Topic: Would you still use bitcoins if the price would be stable? - page 14. (Read 2057 times)

member
Activity: 314
Merit: 10
I use bitcoin for now for a financial tool not because of it's natural system but it's not just the same, I also like it for a easy use when it is needed in my daily needs it is so convenient for me to take some cash or pay things or bills online that's why I will still use bitcoin even the price will be stable in the future.
sr. member
Activity: 714
Merit: 260
I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

its not only the volatility of bitcoin is the reason why ik using this coin,for me its the accessibility and the security of this and the privacy that theres no need for third parties for using this into transactions,not like banking systems.and i guess same reason why many people now are involving into crypto,..
sr. member
Activity: 526
Merit: 253
Damn
There is no point using bitcoin if it has a stable price. First of all, the transaction in the bitcoin network takes so much time. Seconds, the more we use bitcoin, the more we realize that it has the most ridiculous fee ever. And if we do not accept that fee, our transaction may get up to 1 month to be confirmed
hero member
Activity: 840
Merit: 502
I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

At first I used bitcoin for what it was created as a currency but I have already got everything that I want out of it so I do not have any kind of reason to spend my bitcoin and when you take into account that we know that bitcoin is one of the best investments in which you can put your money then this means that my usage of bitcoin has changed over time and it will change again once I can use my bitcoin to buy more stuff I want.
jr. member
Activity: 251
Merit: 2
I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?


As well as there is bitcoin reward from any bounty campaign I would continuously used bitcoin for my family even f it is stable price, because we can't find any organization to pay us with out any compensation like this only bitcoin can do this things.
member
Activity: 138
Merit: 11
Probably, yes. That is because I use bitcoin mainly for transactions which are faster than any mode of money transfers that are present nowadays. It is also my mode of saving money because it is quite hard to have a bank account for a student like me here in my country. And it is very accessible since I can use it with my smartphone. And another reason is, my friends use bitcoin to pay each other.
full member
Activity: 453
Merit: 104
There is a positive side if bitcoin price is stable, it can reduce the use remittance service by people. But since bitcoin price is only depend on supply and demand then bitcoin price will never be stable. The result of decentralization concept is there is no central authority that keeps bitcoin price stable. If you looking for stable cryptocurrency then you should choose USDT/Tether it is the most stable cryptocurrency  but it will not be profitable as bitcoin.
member
Activity: 350
Merit: 10
rather than, for me it will be like an alternative source of storing my money besides any savings accounts
full member
Activity: 420
Merit: 100
CAT.EX Exchange
I use bitcoin because its utility is really really good and also as a tool for profit also, so far we all have fiat is very difficult to earn income like we have bitcoin, I think we all start today must collect bitcoin little by little, so that in the future when all really take advantage of bitcoin we all can already enjoy the results of investing in bitcoin.
sr. member
Activity: 668
Merit: 255
Not secret, that most of people, using cryptocurrency as an kind of online assets, by investing in it, holding and then selling, when price increased. But if bitcoin would be stable and will cost a bit less than now, then I think people will use it as paymnet method, because now I'm not using btc as payment method, because of high fee (but I'm unsing alts such as LTC), and when I'm buying art, I'm always trying to pay in crypto. But even now, people using bitcoins to buy drugs and other illegal things, so I think  if bitcoin will be  stable, people just  will continue using for legal and illegal operations.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
For now I use bitcoin only for earning profit ( buy low, sell high). If we have stable bitcoin price we will use bitcoin for buying daily things , not for daily trading. Why will be better if price stable ? Example you get 0.12 BTC salary today worth $1000 and tomorrow will worth $800. That's why people don't take bitcoin serious right now.

If price would be stable, I will use bitcoin for spending daily for things I need.

Bitcoins will be useless if the price is stable because the only reason why people is keep on investing in cryptocurrency is that, the price is keep on increasing as the time goes by and that is the reason why bitcoins is good for long term investment.
full member
Activity: 560
Merit: 100
I am using bitcoin beside the price stability and up and down value of this currency and for the bitcoin lovers the price only not matters and the experts have foretasted this currency that this will grow more in this year and now the price is almost stable and the movements is not huge. and if the price  is stable and one shock comes in the market the stability will not stable then and the market will be disturbed and for the investors they have not to show the emotional attachment of them to the crypto.
In fact, for the new users of Bitcoin's crypto currency today, it is possible to have a good stable earnings. And this is despite the fact that the price of Bitcoin has dropped dramatically. Nevertheless, the popularity of crypto currency will rise in the world, And the market will also stabilize, because bitcoin demand will also change for the better.
full member
Activity: 364
Merit: 100
I am using bitcoin beside the price stability and up and down value of this currency and for the bitcoin lovers the price only not matters and the experts have foretasted this currency that this will grow more in this year and now the price is almost stable and the movements is not huge. and if the price  is stable and one shock comes in the market the stability will not stable then and the market will be disturbed and for the investors they have not to show the emotional attachment of them to the crypto.
full member
Activity: 645
Merit: 145
For now I use bitcoin only for earning profit ( buy low, sell high). If we have stable bitcoin price we will use bitcoin for buying daily things , not for daily trading. Why will be better if price stable ? Example you get 0.12 BTC salary today worth $1000 and tomorrow will worth $800. That's why people don't take bitcoin serious right now.

If price would be stable, I will use bitcoin for spending daily for things I need.
hero member
Activity: 924
Merit: 511
I will never stop holding and using bitcoin even if its price becomes stable some day, there are obviously many reasons to use it. One of the important reason to use bitcoin is its instant transfer nature, it doesn't take days amd weeks to recieve funds from overseas, it also has no limits on daily transactions
full member
Activity: 244
Merit: 101
Of course. I got engaged in bitcoin not just because of price fluctuation. For me it is just a bonus for the real use of bitcoin. The fast transactions is the real reason why I stayed in using bitcoin. I also want a scured way of storing money and bitcoin is the perfect currency for that. And also, almost all of my friends are using bitcoin and this is the mode of our money transactions. But of course, this is quite impossible, having a stable bitcoin.
member
Activity: 280
Merit: 10
I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

Bitcoin was not banned nor illegal in my country but I never tried using my bitcoin as a mode for payment so i want to be honest at this moment I am attracted to butcoin because it is profitable or just what you've said it is a financial tool of making money ..
member
Activity: 406
Merit: 36
I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

I don’t really know, but one thing for sure is that if we are hundred, about fifty people or more will drop from Bitcoin. If you ask me, my answer is a YES, I will continue to make use of Bitcoin, but that doesn’t mean I won’t be considering the situation of the market, cause any single mistake I make will lead to loss which I wouldn’t like to take.
The fact is that the stable market value of the bitcoin is more than impossible sort of thing and that this will never happen. The only thing which we all know for now is that bitcoin and other crypto coins are volatile in nature and that their market values keep on fluctuating. I am afraid that investors will stop investing their money into bitcoin if it has got the stable market value in the future.
Yeah, we really do not even need to be worrying or bothering ourselves over something that is impossible. Generally, market is volatile and there is nothing anyone can do about it, so as time goes on, we will still keep having a volatile market but an uncontrolled one.

However, stability for me is not even a problem even if we ever get to see that happen. The idea of making transactions from anywhere in the world easily makes it interesting and that is what would always make it fly.
member
Activity: 518
Merit: 11
I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?


I think using bitcoin as a tool for payment is great because I think bitcoin technology has very strong security and you can keep track of all existing transactions that make transactions more open and make people very trusting.
full member
Activity: 378
Merit: 100
Yes i would like to use bitcoin and i know that bitcoin is important for my business and it is the future currency so the price is not a matter to me i prefer bitcoin because of it's crypto nature and it is good to use bitcoin for the online payments and i will still use bitcoin if the price of bitcoin is stable and i have to hold this for the future because i know that it will highly using in the online market.
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