I will not use Bitcoin again if the Bitcoin price stabilizes. Since I use Bitcoin as my investment asset, of course, I want my assets to grow in the future. In order for me to get much profit from my assets. Unless I use Bitcoin as a transactional tool, if that is the case I will definitely use Bitcoin.
Lol. If we really want to face one real fact here, the majorities of people who are holding bitcoin today are here for the profit and would rather classify it more as an asset than a currency. Just very few people who feel this is a way they can easily make do with payments without any form of borders and have a reason for that maybe due to their business and having to pay a merchant whereas there is a huge policy in their country with transaction, for instance, Zimbabwe.
Topic: Would you still use bitcoins if the price would be stable? - page 3. (Read 2051 times)
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?
I dont know... if there will be no more posibilities to earn money on trading or something else, there is not as manu ways to use bitcoin in real life now, but maybe in future they will be.
Of course I will do it, because when the price would be stable, we can use it like a normal currency in all shops, markets, what would be really nice.
How do you imagine to yourself that bitcoin will become stable? Thats unreal, it wont happen ever, because btc is an investment asset that you can trade
So is USD. Is dollar stable? Of course not, but its fluctuations are much narrower than those in crypto.
How do you imagine to yourself that bitcoin will become stable? Thats unreal, it wont happen ever, because btc is an investment asset that you can trade
I will buy more bitcoin if the price is stable. a stable price is much easier for technical analysis. It also can affect e-commerce more bitcoin transaction will happen thus one of the main reason for the poor adoption of BTC is the price volatility.
I would prefer Bitcoin to have a stable price when used for payments. Obviously traders prefer some volatility for profit.
Maybe their is no time or day that the bitcoin will be stable because base of the few years about bitcoin price graph, their is no days that td bitcoin remain of its value. Every hours that the value of bitcoin is changing. Sometimes increasing and most of the time are decreasing that how bitcoin works in the market.
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?
I use bitcoin in transactions because of its nature to what you say, in terms of security is more reliable and if the problem my account believes that it is still safe from hackers and make me a little quiet because of my assets but depending on what wallet you use to store it, if the problem make money or trade is up and down depending on current trand and bitcoin value at the moment, it gives little idea that I take both the properties and the benefits.
Stable price is something I dream of. It would make bitcoin a very convenient payment tool in my day to day things.
Cryptocurrency (still Crypto) is still boldly commanding the market is Bitcoin and I myself will still trust the bitcoin funds will still use it just waiting for the price stable against the currency usd
Of course I'm a big fan of bitcoin. The active movement makes me unable to move to another coin.
Regarding the price up or down I can be advised.
Is not that a dynamics in trade. The important thing is we have to remain thorough and vigilant in the analysis.
Yes why not it doesn't matter if the price is stable as long as we are earning from it so as far as bitcoin is still here and people keep on investing and trading i will still use bitcoin.
Same thing as me, although I too much like it the way it is now, due to the profit you will gain when you invest at the right moment, but if it happens to be stable I will still like it. Everything has its own advantages– the price being volatile has its own way influencing things and when it’s stable, it will also have a different way or advantages. I believe that most companies and organizations will accept it when it becomes stable than how it is now. Most of them consider it as a ponzi because of the way it fluctuates.
Bitcoin is a good tool for storing and storing. But using it in everyday life is unlikely in the next 5 years. Now it can only be changed for money.
For a real user, not a trader, volatility is the main problem and reason for not using bitcoin or altcoins.
Yes, I will use it more and keep more of it if it is stable.
Yes, I will use it more and keep more of it if it is stable.
If the price of BTC is stable, more people will use BTC!
Now the price of BTC is very volatile and cannot be used as a payment medium, because the price of the same commodity is basically fixed, but the price of BTC is changing every day!
Now the price of BTC is very volatile and cannot be used as a payment medium, because the price of the same commodity is basically fixed, but the price of BTC is changing every day!
Definitely. Unlike fiat money, with bitcoin I can be sure that nobody can inflate it by minting some new coins.
For now, I mainly use it as a way of making money. I still can't use it in daily transactions because it is not that usable yet in my country aside from money transfers. But YES, of course, I will still use bitcoin if its price will go stable.
Stability is one of the main reasons that people WOULD use Bitcoin. Stability would greatly assist adoption. At the moment, the majority of bitcoin transactions are in the interest of speculation, not purchase for the use of an alternative currency. When both liquidity increases and volatility decreases as a result, we will see much faster and wider adoption.
what do you mean ? bitcoin will become stable? i think it wont happent anymore because bitcoin is an investment asset you can trade it so the value of bitcoin will never become stable but if it happen yes i will use this because this is very nice and fast to use for example is to pay some bills just thorugh online with no feees and you can send money to others easily and so fast. 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 of course, its not depends on the price, even if the price is still in the stable price, i will still use bitcoin, because for me is the only way to fullfill my future. So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
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