Would you still use bitcoins if the price would be stable? - page 26.

Koadharber

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Quote from: BillCoin on March 10, 2018, 03:41:50 AM

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?

Reasons would really vary into each person but when it do speaks into ratio of people who do believe in such thing then i would really go for money making tool. Its sad to know but this is indeed the reality which people do make engagement into crypto because into its capability on making profits or money for the people who do make involvement with it but its not totally an easy stuff since we do still need to do hard work or having skills and risk management.

Bardman

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Quote from: staywoke081 on March 10, 2018, 08:29:59 AM

Quote from: Bardman on March 10, 2018, 08:13:37 AM

No one uses bitcoin as a normal currency anymore, it's the digital gold, everyone knows that now. A lot of people invest in gold even though it is not that stable either, sure it's not as volatile as bitcoin but its value does jump or crash too. Stability is subjective, even dollars and euros don't have a stable value however no one really cares what the eur/dollar conversion is unless they are trading. People use dollars without think of their vale in other currencies, 1 dollar is 1 dollar and that's what matters.

Never say nobody because I am that unicorn then I suppose. I don't use funds often but I like to use my Bitcoin as intended from the beginning, especially given the low fees right now. I would still be apart of Bitcoin if it wasn't as volatile but I won't lie it wouldn't be as fun then.

''around 20 million bitcoin users globally can be considered as a fair estimate.

The majority of these users will be private buy and hold investors who want to capitalize on the potential future price increase of the digital currency. In terms of actual day-to-day users of bitcoin as a spending currency, the number will be much smaller.''

https://www.bitcoinmarketjournal.com/how-many-people-use-bitcoin/

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.

LodisMcguire

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Of course i would,the idea of blockchain to be your own bank is the advantage itself.You can manage your money without worry about unnecessary tax,sending it to anywhere or save it without losing it's value.All of that without bank intervention,so who wouldn't use it regardless of the price?

markint

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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.

Regarding the question posed, I started using bitcoin for its efficiency as a payment system, although it is true that currently there seem to be better options, but I still believe that bitcoin has a good future as an alternative to traditional payment methods and towards there should be promoted its development rather than as a store of value.

El_rancho

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With the arrival and time of bitcoin's stability, a wide utilization and adoptability
can be expected. Regardless of it's price and market rating. This means bitcoins
is accepted with numerous establishments and stores, it has become what we all
wish it to be. I would use this, it's very convenient by then, a wide range of options
within reach with bitcoins sounds really promising and easy.

Palmerson

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Live cams shows pimped with cryptocurrency

The stability of the cryptocurrency can not affect its distribution. It seems to me that the most important thing is to unite in the bitcoin community primarily like-minded people. They will not be interested in the price of bitcoin in dollars. They will be interested in coins. Then we can talk about the cryptocurrency economy. Now we see a hybrid of two economic models. There are so many disadvantages of Fiat moved into the cryptocurrency.

Nahl

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in my opinion if the value of bitcoin stable then possible someday there is country will adopted bitcoin because many countries does not liked volatility of bitcoin and if bitcoin price stable i think the country will adopted it and i personally if bitcoin stable from year to year i think i would not use it again because sometimes volatility is not always bad and if we can utilize volatility situations i think possibly we can get benefit from that

SMSabuj

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I am a professional Web Designer and Developer

Quote from: BillCoin on March 10, 2018, 03:41:50 AM

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?

Yes, I still use Bitcoin. I am a Bitcoin trader that's why I can't imagine a day without Bitcoin. And besides that, I am using Bitcoin for buying the necessary thing from online. Such as Domain, Hosting, Theme, Plugin, Gadget etc. I am using Bitcoin for is safety and high-speed transaction and it's privacy. I think most of the people using Bitcoin for its security and privacy.

lopez cryptomania

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I would still use it because of it's nature to embrace the blockchain technology. I like this ICO bc they are aiming to level the price volatility through their arbitrage exchange which would attract the masses into a more "stable" crypto market.

https://bitcointalksearch.org/topic/m.31823480

ballerin and giroud

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I think bitcoin and other virtual money is a payments using a technology system that will be needed in the future. But some problems come up due to the increasing number of users, this payment technology should be like sending a message, it only takes a few seconds the money will get to the goal. But the problem with bitcoin is a slow and expensive transaction process can cause users to switch to be used as a source of income supported by a volatile price. If this happens in the future, then it is not impossible virtual currency will become a misconception, from the means of payment to be a source of income.

orarider

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right. I would use bitcoin if its value does not change. Bitcoin will replace other currencies for payment. Bitcoin can replace cash for trading.

bitcad4u

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Quote from: BillCoin on March 10, 2018, 03:41:50 AM

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 is still live after the many hacking.This is not a bitcoin fault,it's a security issue.If you have huge amount of Bitcoin in your wallet means,you have to take care of it by any security system.

BossMacko

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Yes i would still use Bitcoin even if the price is stable, reason for me in using Bitcoin is to play poker and bet in sports , less hassle for me to play, no more driving to casino and i can do it whenever i am free and wherever i am.

krauzzer02

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Quote from: BillCoin on March 10, 2018, 03:41:50 AM

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

It really depends on the platform that you are using to utilize your own bitcoin and altcoins wallets cause if your going to use online wallets and Exchanges mostly if they're following the protocol of the KYC policy, there's a chance that your account might get a block or get freeze, that will depend on the violation that you made. That feature that your talking about applies only to the wallets that provide a private key, seed phrase and other forms of wallet recovery.

Quote from: BillCoin on March 10, 2018, 03:41:50 AM

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

I will go for the both of them but the number one reason is the nature of it, I can send and control my coins without tons of restriction and manipulation made by the banks and the government.

Kingofbitcoin12345

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Quote from: BillCoin on March 10, 2018, 03:41:50 AM

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

Yes and Yes.. I would and still use bitcoin rather than going back to banking transactions.. I have this freedom of choice that I’ve been addicted with,, fiat is too much regulated from documentation and investigation for suspicious activity.. I would be a fool returning to the norms when blockchain technology is ready and available that is most advantageous to me..

I will stay even the last bitcoin user leave..

Barbolini

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Why not it is easy and fast to send crypto to someone anywhere in the world.
And no one will know about it. Great features.

John Wallker

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I would use some other currencies cuz here we try to make money from nothing only from increasing and decreasing of price.

arienna23

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I don't care if the price of Bitcoin is unstable or dropping. I'm still going to use it. I don't use it based on its stability but due to the fact that using it online provides me privacy and security that debit/credit cards can't.

Intersan

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Quote from: dragoz11 on March 10, 2018, 10:15:26 AM

In my country the government don`t give too much focus on online payment tools and also banks don`t invest on this things so pay pal and others are very hard to be used and if the btc price would be stable I would definitively use btc for payments .

Yes, bitcoin enable us to do things which our current fiat and currency can't. Even if the price become stable, many people will still be using it because when it comes to online transactions and payments, it is the most ideal way to use. Using bitcoin is much faster and more convenient for it doesn't have to be complicated when we are using cards and etc. When it comes to security, there is also no problem except for the part that we can't track the owner of the addresses we are going to send to.

I am pissed on how bank transactions can take days before completed and there are things needed to comply with unlike in bitcoin where we can fully utilize its use in our own choice and way.

yanimkurniawan

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For me it is currently potentially big on bitcoin, because for me the future of bitcoin is very promising for everyone, for how to easily earn more profit.

Topic: Would you still use bitcoins if the price would be stable? - page 26. (Read 2057 times)