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Topic: Would you still use bitcoins if the price would be stable? - page 2. (Read 2006 times)

newbie
Activity: 154
Merit: 0
Yes why not bitcoin is the future no matter if it is stable or not people around the world will use it as it has many advantages. And the more thing is bitcoin is changing many lives around the world at this time.
sr. member
Activity: 328
Merit: 250
Im still using bitcoin even the price are stable because of the security of our money, the benefits coming from bitcoin and even the price of bitcoin is low we can still earned money to support our financial problem.
To me i think that if the bitcoin price will become stable then it will even become more popualar and then its use will even increase, because if the price of bitcoin will become stable then shopkeepers will start accepting bitcoin in their shops, and willl let people to do shopping in their shopping malls using bitcoin, and therefore i think that we will surely increase the use of bitcoin.
full member
Activity: 504
Merit: 100
Im still using bitcoin even the price are stable because of the security of our money, the benefits coming from bitcoin and even the price of bitcoin is low we can still earned money to support our financial problem.
but nevertheless this issue is quite topical interesting. To date, everyone interested in Bitcoin investments, since the price of Bitcoin promises to increase tens of times. What will happen next when the price is fixed?
newbie
Activity: 261
Merit: 0
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 if bitcoin prices stabilize, bitcoin will not be as popular as it is, the length of the transaction makes people tired to wait, and also the stable value is not good if it is used as an investment.
member
Activity: 336
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?


Definitely for financial support since most users are students who in practicality are in need for tuition fees etc. But preferrably, many of us would be on it eagerly if its price is stable.
member
Activity: 336
Merit: 12
I am not a wealthy person, so I use Bitcoin as a financial tool that helps me make a lot of money. If Bitcoin becomes stable, it may only be used by the wealthy to legalize and hide their assets from governments.But Bitcoin's technology is also a risk because it is something the government removes, anonymity is dangerous to the government.
hero member
Activity: 1344
Merit: 501
Vave.com - Crypto Casino
yes why not, there is no doubt about bitcoin people who are involved from starting they are better know about this they had invested well and got lots of capital from they belive still and will utilize it there is nothing stop about the price, price will grow as soon as possible we are believing and will do future also.
Yes I agree with you there is no reason to stop using bitcoins even the price becomes stable as long as you are still earning money from it you can continue using it and there are lots of advantages that bitcoins offers not only its volatility there are more of it.
What you say is very reasonable, as long as bitcoin is still worth to use, there is no reason not to continue using it but I believe the number of users and people who invest in it will be less than ever because for a steady price, we hold or trade it is not too much profit. In addition, we should know that the time to confirm a transaction is long and the transaction fee of bitcoin is very high, with these things, altcoin is a better option, so I believe most people will switch to altcoin, only few are still loyal to bitcoin
sr. member
Activity: 672
Merit: 250
Bitcoin price in it stated of having a volatile price is one of the key concept of bitcoin and which is the total difference of having a stable price. We all know that bitcoin has the capability to be a cryptocurrency which is intended to used in transaction through online to give people faster and reliable form of transaction yet having a stable price could make bitcoin less productive in the concept of investment and trading.
sr. member
Activity: 504
Merit: 250
I do not exactly answer this question, but as a savings account, because only such a solution will suit bitcoin at this time
jr. member
Activity: 126
Merit: 1
Bith actually, we are studying bitcoin in our school that is why I'm trying to explore bitcoin and at the same time, trying to take the advantage of earning from bitcoin.
newbie
Activity: 224
Merit: 0
Are not. If the price is stable BTC I will invest in other markets. Because at that time BTC will not bring me much profit. Currently, people participate in BTC because BTC price fluctuations. They can make a lot of profit from the price difference. No one buys BTC for the benefit of the BTC on the exchange of goods and services.
full member
Activity: 336
Merit: 103
I will always use bitcoin and this totally independent of whether or not the price is stable. A stable price is only negative for traders or investors that hope to make a nice win after purchasing it. Who knows how many traders and people will leave bitcoin after it has a stable price? Who knows how many people use bitcoin as a payment method as it was originally planned and how many people use it as trader or investor in the hope to make money with it? All in all we do not know if a stable price will be good finally.
sr. member
Activity: 364
Merit: 267
yes why not, there is no doubt about bitcoin people who are involved from starting they are better know about this they had invested well and got lots of capital from they belive still and will utilize it there is nothing stop about the price, price will grow as soon as possible we are believing and will do future also.
Yes I agree with you there is no reason to stop using bitcoins even the price becomes stable as long as you are still earning money from it you can continue using it and there are lots of advantages that bitcoins offers not only its volatility there are more of it like when you're making transaction through it, it is fast and easy unlike when sending money through banks or other services they require a lot of information about you, but with bitcoin you can remain anonymous throughout the process.
member
Activity: 123
Merit: 10
Personal text: “The Internet of Sovereignty”
If I can use both, I will select them. In my country bitcoin should not be used as a transaction tool. Actually I really like the system, but the government forbids it. Maybe someday I can use the system on bitcoin. Currently I use bitcoin as a tool to earn income. From bitcoin I can earn more financially. So I can fulfil my family's needs.
sr. member
Activity: 952
Merit: 281
yes why not, there is no doubt about bitcoin people who are involved from starting they are better know about this they had invested well and got lots of capital from they belive still and will utilize it there is nothing stop about the price, price will grow as soon as possible we are believing and will do future also.
sr. member
Activity: 476
Merit: 259
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?


Honestly speaking I use bitcoin to make money so if bitcoin will be stable then there would be no people going to invest with bitcoin and if this would be possible bitcoin will be used as a means of payment. Bitcoin attract a lot of investors because of its price that increase or decrease.

Agreed, that's the point I am trying to discuss here, what is the percent of the people that are actually buying bitcoins because they want to use it and because they see a need in the features that it provides, from the whole amount of people who invests in bitcoin?

I doubt if it's less then 90%, as bitcoin financial system is not really well developed, you can't buy most of the things in most of the countries with bitcoin.
Hopefully this situation is going to be changed, as a high amount of speculators is never a good thing.

legendary
Activity: 1862
Merit: 1004
As we all know - Bitcoin is constantly evolving, the original vision of Satoshi was to create peerless currency and new, an improved monetary system without any central entity behind it.
Bitcoin is now used not a currency but rather treated as the ultimate speculative asset and investment option to people try to hold forever and never spend it.
Given the situation, it's no wonder that not many people are not inclined to use Bitcoin at all - because there is no point of doing this and lost money in the long run.

Hypothetic stability of bitcoin price would be great to bolster bitcoin daily usage (other than speculative transactions) so yeah, I think everyone would be using bitcoin more.
full member
Activity: 448
Merit: 100
Firstly, bitcoin is a digital money, it can be used for payments, so if somebody holding btc, why won't he use his asset to settle financial matters?
Yes bitcoin can be use as an asset if the price seems to be stable for sometime bitcoin never get the same price it use to increase and decease according to market value and price, I support bitcoin and will never stop investing in bitcoin, bitcoin is not an investment if it is stable in price but even then bitcoin has a lot of benefits such as if bitcoin will have the stable price then we will use it as coming age will be the age of digital currency so save bitcoin don’t stop buying bitcoin.
as for me, Bitcoin is almost the only means to fulfill your home budget. Of course it's too bad to sell Bitcoin at a low price, but you have to pay bills. I'll be happy if Bitcoin goes up in price and my financial capabilities increase.
sr. member
Activity: 1236
Merit: 252
Firstly, bitcoin is a digital money, it can be used for payments, so if somebody holding btc, why won't he use his asset to settle financial matters?
Yes bitcoin can be use as an asset if the price seems to be stable for sometime bitcoin never get the same price it use to increase and decease according to market value and price, I support bitcoin and will never stop investing in bitcoin, bitcoin is not an investment if it is stable in price but even then bitcoin has a lot of benefits such as if bitcoin will have the stable price then we will use it as coming age will be the age of digital currency so save bitcoin don’t stop buying bitcoin.
full member
Activity: 364
Merit: 100
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?


Honestly speaking I use bitcoin to make money so if bitcoin will be stable then there would be no people going to invest with bitcoin and if this would be possible bitcoin will be used as a means of payment. Bitcoin attract a lot of investors because of its price that increase or decrease.
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