Would you still use bitcoins if the price would be stable? - page 9.

aoihs00

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Quote from: rosepetals on March 31, 2018, 06:16:18 PM

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?

For now i just used it as financial tool of making extra source of income.In this forum we can find money by joining signature campaigns and bounties,although its never been that easy but it can be learn through time,we just need to be resourceful enough to do some research on how crytptocurrency works.Votality is the nature of bitcoins concepts but people still using it,some hold their bitcoins for further fluctuations,these can be very useful if price will skyrocket,the frequent fluctuations would be the greater the possibility that it would continue to stand still as the strongest digital currency of all.

Yes you telling the benefits of volatility to the bitcoin use. But the OP's case is different. He still need answer as to whether people will still use the bitcoin when it is stable. My point of view on this is simple, if some day bitcoin do get stabilised in its prices (impossible one) then I will be able to use it the way I use fiat today. You know what there will be one more positive thing that will happen in the process, - Government accepting the bitcoin in real life application. Yes, off course the stability will bring bitcoin to usefulness of ordinary people and at their services. Its controlling will be far easier than anything and we could just have it the normal way. The prices for this type of BTC will increase due to its demand and that would be systematic growth for it.

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Quote from: Falmera on March 31, 2018, 07:18:39 PM

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?

As you said, the system is secured and easy transactions, the thing I like about using bitcoin. Much more if the value is stable, then we can use it in other transactions like buying goods or paying bills. But while its value is volatile, we will take advantage to its characteristics like buying coins at its low price and selling them when price gets high.

People are preferring to use it as an investment than as a currency and the reason behind their behavior is obvious. It is the volatile nature of the bitcoin that makes it the favorite investment for everyone. People know that just by being little vigilant and grabbing this coin at low rates can get them what they are unable to have with other modes of investments. So we better not go for the stability of it.

brotherwood12

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stable doesnt mean it will not change right ? if like that i still will use it because i looking for profit using bitcoin

Visteryy

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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?

Yes, I certainly still prefer to use Bitcoin even though its price is stable. I can use Bitcoin to buy Altcoin and generate income

MarkusIsaiah

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Definitely yes bitcoin is the king of cryptocurrency. Many people are interested in bitcoin because they know the potential of bitcoin.

snekinmyleg

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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?

If the price of Bitcoin is stable. I think people will use Bitcoin instead of using paper money and Paper money will disappear

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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?

Even if the bitcoin price is $ 0.1, I still want to continue investing in Bitcoin. Thanks to Bitcoin, I have enough money to repay, so I will never leave Bitcoin

sinta23

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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?

if the benefits are certainly a lot of searching. but if I personally not only profit but bitcoin it can also educate to be better again

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Quote from: Boknoi321 on April 01, 2018, 09:00:09 AM

Quote from: hahahafr on April 01, 2018, 08:28:59 AM

The main reason of why i don't use bitcoins to store my personal wealth, is because of the volatility.

I wont put my money in here if the next day they could be worth the half, and this sounds pretty reasonable.I love bitcoins to be honest.

Quote from: Xanxus024 on March 31, 2018, 10:45:54 PM

For me personally I'm still gonna use bitcoin if ever the price become stable because it's very convenient to make a transaction and beside on that I can send bitcoin anytime anywhere but I think the interest of investors will decrease because bitcoin is becoming a regular currency and it's not attractive anymore.

To be honest bitcoin will be useless ,people really interested on bitcoin because of the fluctuation on its prices .The great prices on bitcoin has a big impact on people if prices will be stable probably no more great earnings and not anymore popular for investors. But I know still bitcoin upgrading more and develop things.

These people only interested in the volatility as a vehicle to trade the price swings aren't actually using Bitcoin, they're just trading it. That's not he same thing. Utility will increase as volatility decreases, and ultimately you want more adoption which will lead to higher prices overall in the long term, so you want stable prices to bring those people who will actually use the coin in. You might lose the day traders in the short term, but so what? They're not using the coin anyway and not doing anything beneficial for adoption or the community. It'd be better that way.

usorin

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The volatility of Bitcoin makes everything exotic. Regarding the topic my answer is yes, i would use btc because there is a lot of services of high quality and the payment for it is in crypto.

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Quote from: merrillolive on March 10, 2018, 09:15:24 AM

I use Bitcoin not because of the nature of Bitcoin. I do not use Bitcoin to pay for goods or services, I do not use Bitcoin for my daily life. I only use Bitcoin to hold and wait for Bitcoin prices to increase, I sell them and make a profit. I have not much interest in using Bitcoin to buy. But in the future I will gradually adapt to them.

Yes I would still use bitcoin if the price is stable because it is useful most especially in doing different transactions such as payment of bills, sending money, even in reservation or bookings. It helps also in giving job to earn money.

jeruk nipis

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If the transaction I think it will be great because people will not feel a loss if at any time the price comes down or rise very far. by having to inflexible pieces price then the transaction process can be said to be fair.

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Quote from: Nyeyzel on April 01, 2018, 12:24:11 PM

For me, I will still use it! If you know what is the benefits of bitcoin aside for earning money here. The most convenient features of bitcoin for me is the easy money transfer in any part of the world the online store that you can order items and delivered to you at home, and your payment is just in online. This feature is what I love in bitcoin. Many people is using it now because bitcoin can help to earn money that helps them in their financial needs.

well thats the natural use of bitcoin since this is an online money,but whats OP asking is are you using bitcoin still if the price is stable?you dont get what does in mean,the volatility is gone you dont gain or lose without doing anything i guess you misunderstood whats the men asking here..i am afraid that the users will remain if its price aill be fix because the challenge will gone and the idea of investing would be taken apart since daytrading is not that easy to do

tyronecoinbit

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Quote from: Kolly on April 01, 2018, 12:33:59 AM

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?

I believe a lot of people here would stop using bitcoin if the prices would become stable because a lot are only here sees bitcoin as an investment and their main reason for using bitcoin is profit.

Actually mate, if the bitcoin will be stable there are a lots of people will use bitcoin for the long period of time since they will never worried at all in times of value going down. Also, as of this very moment situation I don't think bitcoin will be stable since it's value is so volatile and fluctuates tremendously that will suddenly going down which makes those users worried of their shares.

Nyeyzel

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For me, I will still use it! If you know what is the benefits of bitcoin aside for earning money here. The most convenient features of bitcoin for me is the easy money transfer in any part of the world the online store that you can order items and delivered to you at home, and your payment is just in online. This feature is what I love in bitcoin. Many people is using it now because bitcoin can help to earn money that helps them in their financial needs.

JCO05

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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?

I would because if that's the case the risk will be lessen. But also, Bitcoin won't be as much as profitable as it is nowadays because the jnvestors are earning huge profit from its volatility the market. And if it will be stable the favor will be to its users but not on the investors. Still, i think more people will ise it due to its characteristics of being decentralized despite of being not that much profitable.

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Quote from: hahahafr on April 01, 2018, 08:28:59 AM

The main reason of why i don't use bitcoins to store my personal wealth, is because of the volatility.

I wont put my money in here if the next day they could be worth the half, and this sounds pretty reasonable.I love bitcoins to be honest.

Quote from: Xanxus024 on March 31, 2018, 10:45:54 PM

For me personally I'm still gonna use bitcoin if ever the price become stable because it's very convenient to make a transaction and beside on that I can send bitcoin anytime anywhere but I think the interest of investors will decrease because bitcoin is becoming a regular currency and it's not attractive anymore.

To be honest bitcoin will be useless ,people really interested on bitcoin because of the fluctuation on its prices .The great prices on bitcoin has a big impact on people if prices will be stable probably no more great earnings and not anymore popular for investors. But I know still bitcoin upgrading more and develop things.

Ikay

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Honestly I use bitcoin because of its price and volatility and it helps me through anything I wanted but for my future expences? I don't want to store btc longer because we didn't know when it have no value so for now I really love it not because of the price its because it helps me with anything I want.

hahahafr

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The main reason of why i don't use bitcoins to store my personal wealth, is because of the volatility.

I wont put my money in here if the next day they could be worth the half, and this sounds pretty reasonable.I love bitcoins to be honest.

Quote from: Xanxus024 on March 31, 2018, 10:45:54 PM

For me personally I'm still gonna use bitcoin if ever the price become stable because it's very convenient to make a transaction and beside on that I can send bitcoin anytime anywhere but I think the interest of investors will decrease because bitcoin is becoming a regular currency and it's not attractive anymore.

jaysabi

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Quote from: Kolly on April 01, 2018, 12:33:59 AM

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?

I believe a lot of people here would stop using bitcoin if the prices would become stable because a lot are only here sees bitcoin as an investment and their main reason for using bitcoin is profit.

But it would gain a lot of users who would actually use the coin like a currency, the way it was intended to be used. Right now it ant be used as a store of value because the purpose of saving is to be sure the value you save is there when you require it, which necessitates a predictable value. Bitcoin's value isn't predictable, so it can't be used for saving. If you lost all the people treating it as a gambling tool, the underlying predictability of the value would increase. That's a net benefit.

Topic: Would you still use bitcoins if the price would be stable? - page 9. (Read 2057 times)