Would you still use bitcoins if the price would be stable? - page 6.

nicpaig

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Quote from: BillCoin on March 10, 2018, 04:41:50 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?

For me, yes I would still use bitcoin if the price will be stable even if it is high or low because bitcoin has the advantage of protecting our security, the fact that bitcoin has the easy transaction through internet and etc. as you said. I'm using bitcoin not just to make some money for it, I use it for my financial I have a family to support their needs and by its nature, we all know what bitcoin is no question for it.

Mehdecline

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I think that the reason why a lot of people avoid using Bitcoin for transactions is precisely because its price is highly unstable. Should it somehow stabilize, then I hope that lightning will already be live by then since millions will be using Bitcoin for payments.

hao2067755834

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BTC is not widely used now because BTC's price is not stable!

If BTC is as volatile as gold price stability, BTC's payment method will be very obvious!

Ronyx

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Quote from: BillCoin on March 10, 2018, 04:41:50 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 a tool for safe transactions, and can be used anytime. Yes I recognize that bitcoin is unstable and can fall at any time, but bitcoin also has the potential to continue to increase and become more popular.

malbano2099

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Honestly, I would. Bitcoin helps too much in our personal needs, even if it is stable, you can't make a value like btc gives when u are only a standby.

barbara44

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Quote from: speeder on April 06, 2018, 05:42:49 AM

Yes like..why not?It would probably be better if the price of BTC was stable, but if it were so, it will disappear the chance to earn more that you invested, but at the same time will disappear the risk to lose some money.This is why i really don't know if it was better for the price to be stable, but if that were the case, I would still invest in the BTC.

That was some positive thinking but if we say that bitcoin becomes stable, it is only possibly if it has already gone mainstream and touched really high value. Bitcoin is basically a currency, a medium of exchange, but it just exists in digital form. Using it for purchasing all that we do with paper money is not a very bad idea. This is what bitcoin would be like after a decade or so.

Leam

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Bitcoin was originally created as an alternative, decentralized payment method. Fast transactions and very convenient to use. So whether the price is stable i will still use bitcoin as long as it is still use as mode of payments.

thecoder2017

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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.

gamalzour

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Quote from: yvesp110 on April 03, 2018, 03:51:33 PM

Quote from: suhoy on April 03, 2018, 06:51:40 AM

I'm 100% sure that yes, I'd still use it - because I can pay anonymously and worldwide.

Agreed with you because bitcoin has a lot of other benefits as well more than investing only, if you know the importance of bitcoin in your life you will see we can take benefits from it, as now we invest in bitcoin at the same time we buy goods with bitcoin, we can help a lot of poor people and we can help our children to get safe life, we can buy everything with bitcoin without any fear of lose, bitcoin is an anonymous currency so most of investors and traders likes to pay with bitcoin, so I think I will invest in bitcoin no matter what situation bitcoin has.

Manway people have different aspects of bitcoins that are loving to them. For me, this is just because of the reason that bitcoins are giving us money. Although they are being used as payment method as well but still that earlier side is heavier. We can earn money through them and nothing is superior to this. So keeping in mind this fact, we all must endure in bitcoins and start earning.

Cryptosaphire18

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Quote from: gigusico on April 06, 2018, 05:38:06 AM

Of course I will, but more like a savings account for storing my funds, I do not see another task when it will be stable in price

Definitely yes, i would still use bitcoin even the price is stable. However, bitcoin has no mechanism to stabilize either its price in some reference currency or its purchasing power. The difference between bitcoin and fiat money is not just volume but backing by assets and some willingness to use those assets to ensure value. But considering when bitcoin's price will stabilize with popularity, and once enough people have hopped on board for the price of a bitcoin. I'd think that will be enough to keep prices quite steady from there forward.

speeder

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Yes like..why not?It would probably be better if the price of BTC was stable, but if it were so, it will disappear the chance to earn more that you invested, but at the same time will disappear the risk to lose some money.This is why i really don't know if it was better for the price to be stable, but if that were the case, I would still invest in the BTC.

gigusico

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Of course I will, but more like a savings account for storing my funds, I do not see another task when it will be stable in price

armandoedullan

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Yes because bitcoin is the easiest way to earn money that i know.

Rollkal

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If the BTC value is stable I will not keep the BTC. Because they do not generate income for me, in my country have not accepted the MOF and BTC is not popular. So holding BTC without profit, I do not hold them for another purpose.

IndzheborgC

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I do not care about the stability of the bitcoin price, because I use it primarily to buy altcoins, and they are mostly nominated in bitcoin.

Ampong2121

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Quote from: BillCoin on March 10, 2018, 04:41:50 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 your true our money would be safe if we put it in our bitcoin account because hacker are hard to get our money because of its good security, so yes i will still use bitcoin even if the price is stable because i want my money will be secure. Banks now are easily to hack, i know and i read a lot of news that the money they put in banks are gone even if the passbook and the atm are in their hands, the hacker still get their money, so bitcoin is one of the safest wallet i know.

morozo

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Quote from: BillCoin on March 10, 2018, 04:41:50 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?

I will certainly use bitcoins even if the prices becomes stable. It is already being used by a number of online sellers and I think that more people will adopt this.

OrangeII

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of course I still use it. one of my income comes from bitcoin, and of course I will still look for it even if the price is stable. well, even I still often look for bitcoin when the price is still $ 350 in a few years ago. Grin

The_Dark_Knight

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Quote from: bitchubitchu on April 03, 2018, 04:35:51 PM

My answer is yes I would still use bitcoin if the price would be stable because I know I will get benefits even if it is small amount it will surely help me a lot for my expenses and for a little saving.

Having a stable price will help bitcoin to get more adoption, but this is ironic the more adoption it gets the less stable the price will be for the simple fact that there is a limit to the amount of coins that are ever going to exist, this is why the price of bitcoin instead of becoming stable with the new adoption of people has become even more unstable and I do not think that is going to change in a long time.

rainezerr401

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Quote from: BillCoin on March 10, 2018, 04:41:50 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?

Of course not, people will not be interested to invest if the price are all stable because there is no way for you to earn profit anymore if all of the price's will not move in the market. The reason why cryptocurrency is good for long term investment is because of the markets volatility.

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