I currently use bitcoin because of both reasons, I dont want to lie by saying that profit does not matter, I live in real world and want to maintain my life, I need income like all of us, however I do not trade bitcoin.
If price will be stable I will be using it anyway, no doubt. I appreciate opportunities bitcoin provides, I really want to operate my funds by myself, I dont trust anyone, banks and government in particular
Topic: Would you still use bitcoins if the price would be stable? - page 25. (Read 2057 times)
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?
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
Both with what you said. I am using bitcoin because it is secure and no third party in transactions. It is easy to transact in paying everything. I also use bitcoin because it give me extra income in investing and trading method. If the price of bitcoin will be stable, I will still use bitcoin.
exactly most of us use it bcz it's a financial tool of making money
absolutely bitcoin is a financial tool of making money because if its not can people relay on it? no! if btc will not provide the all needs that we want people don't believe it because we all know that we wanted to be rich and have a lots of money that we can provide all of what we want.
Yes, i will still use bitcoins. Theres some good effect if the price would be stable. Maybe many will use it if that happens and it is possible now to make bitcoin to be use as payment for salary and wages.
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?
If course I still use bitcoin or buy bitcoin even the price not stable. I use it because it's a financial tool making money all of us us using bitcoin to earn money. I believe in bitcoin so I will use it even the price is not stable.So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
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?
If course I still use bitcoin or buy bitcoin even the price not stable. I use it because it's a financial tool making money all of us us using bitcoin to earn money. I believe in bitcoin so I will use it even the price is not stable. So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
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?
Obviously a lot of poeple are here in for the moeny, and i can't blame them, ever since the price started going up people stopped spending and just holding it in pursuite for more moeny, but this not what bitcoin was created for, it was not created to be used like gold to just buyj and hold it, it is a cryptocurrency means its sould pourpouse is to be used for transaction between people, and we have completly changed that, if we want for bitcoin to go any further and be accepted it should have a stable price. So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
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?
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
Ofcourse, using bitcoin is not just for investment but also as a means of patments online. I would prefer to use bitcoin over some wallets online because it is easy to use and many online shops are already accepting it. Even with a stable price i would still prefer on using it due to its anonymity which differ it from other means of payments.
Now, its going to be hard to change this mentality and anyway I dont think this volatility of bitcoin will change very soon since it is profitable for a lot of people.
Bitcoin's market is largely still unregulated and too free to be considered a developed market. I think there will be a time where the current free market, will transform into something very similar to how the stock market gets supervised. In order to run an exchange, it has to abide by all the rules the SEC thinks are necessary, and that will include safety measures halting the market when it jumps up or down too quickly. If people think this won't happen, then have a look at the announcement of how the SEC has spoken out a few days ago. I don't see this as a negative happening, but rather something that in the long run will leave us with more capable exchanges, and less Yobit and HitBTC crap.
Basically, I would be still using it knowing that it is already accepted in our country as a form of payment for goods and services. I don't feel like bitcoin will be going to be stable, its price will constantly change. If it reached the stable price, that only mean that it is already well developed and bugs and error are already fixed. Surely, Bitcoin would remain as useful as it is now to the future. I feel like bitcoin is tge preparation for a cashless society.
I would use bitcoins as a currency if the price would become stable and also if the fees are going to change. Not only the fees between bitcoin transactions but also the fees for exchanging bitcoin into cash, it should be as low as the fees for exchanging usd to euro is but I guess that is almost impossible to happen.
Bitcoin has already become for the biggest majority of its users just a money making machine and we have to admit that because absolutely no one use bitcoin to go shopping everyday. Now, its going to be hard to change this mentality and anyway I dont think this volatility of bitcoin will change very soon since it is profitable for a lot of people.
Bitcoin has already become for the biggest majority of its users just a money making machine and we have to admit that because absolutely no one use bitcoin to go shopping everyday. Now, its going to be hard to change this mentality and anyway I dont think this volatility of bitcoin will change very soon since it is profitable for a lot of people.
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
The two options, speaking in my case I liked the options that bitcoin offers, some months I had the option to make buy online using virtual card and it was something fantastic, type 0.001 btc could buy very little and in months the same value 0.001 btc dava to buy many things, imagine that I sold many things that I had and took my money from my bank account to buy bitcoin and months later the price increased a lot, that was fantastic, I control my own money. with so many options that bitcoin offers I decided to start getting the knowledge to enter the world of mining and programming, so it is not only for money (investment), is also because of technology
Obviously, some people are using bitcoin and other cryptocurrencies to pay for stuff but we are still far FAR away from a complete adoption. Yes, bitcoin has ''fast'' transactions but fiat has instant transactions, you buy anything with your credit card and it's paid basically instantly, there are no errors possible, no network congestion or massive fees. The truth is that bitcoin isn't really that great as a currency and that's fine, I don't think it should.
Now that the price is ''stabilizing'' a bit around 9000$ the volume is dropping and it's dropping fast, what we need is another huge pump for people to be interested again.
Fiat might have fast transactions like bitcoin but lets say you have to send money abroad,how much time do you think it will take for the fiat currency to get clearance and can you compare with all the commissions involved the cost of sending money abroad will take,if you compare bitcoin,it is instant almost anywhere in the world and you do not need a third person,you can move any amount of money out of your country without much of an issue,you cannot tell the same with fiat. Now that the price is ''stabilizing'' a bit around 9000$ the volume is dropping and it's dropping fast, what we need is another huge pump for people to be interested again.
You wont be able to find a stable price for bitcoin, as long as there are people interested to buy the coin . 
Bitcoin's main aim is to be a mean of exchange, but people misuse it and speculate on volatility. So, if it is stable, it will be convenient for businesses but bad for traders. Just as simple
In case that the price of bitcoin becomes stable, I would use it more often times. For me, bitcoin will becomes a means of exchange or a payment because the price was no longer volatile. In that case, the traders or investors may use bitcoin not as a means of trade rather to be a storage of assets. Because there stabilize in the price, bitcoin can use in a daily services.
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?
If that so happens then bitcoin would be much more famous in the market. As we all know, bitcoin stabilization means that it can now be used as a currency. And so with this I know that a lot and I mean a LOT of people would be attracted to invest and use bitcoins especially now that bitcoin could be used for transactions and not only for investment purposes. So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
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?
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
If anything, Bitcoin has more utility with a stable price. T would definitely help with adoption and use as a currency. The people you're attracting now are speculators and gamblers who are trying to profit in the short term off price swings. These are low quality users of the coin. If you lost them because the price was stable, that's a double benefit in my book. If it had a stable value, you'd have more people treating it like a currency, which I thought was the ultimate goal.
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?
Well that is how I got in bitcoin in the first place I wanted to buy some products and some services and I did not had paypal so I was trying to figure out how to get those products and I realized that there was something called bitcoin and I was able to use it to buy what i needed since then I have bought some other stuff with it but lately I have been using bitcoin more as an investment and trading tool more than anything obviously for the profits that I can get but also because I do not have anything else to do with my bitcoin right now and because I do not need to buy anything else. So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
Definitely I'll still use bitcoin if it has a stable price. There are too many use and features that an individual benefit from it. Having your own fund accessible wherever you are and the tight security of the blockchain that is behind bitcoin. No need to interact with any third party, you can transact on your own but even it will have its stable price, it can still be a tool for making money.I do not understand the relationship between the title of this thread and the question asked by OP, I want to think that there has been an error on his part.
I didn't see any error with it. Jump to: