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Senor.Bla (OP)
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January 20, 2017, 06:36:53 PM
Last edit: January 23, 2017, 07:38:20 PM by Senor.Bla |
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I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?
EDIT: Poll added!
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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unamis76
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January 20, 2017, 06:39:41 PM |
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Maybe yes. Or maybe no. The price would be one of the less worrying factors... I will say yes because 900$ is quite a high price and a nice price in 50 years probably means that the currency has been developed thus far and is useable (and that's what will really matter tomorrow, and in 50 years, not so much the price or the volatility, or lack of it).
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bitbob82
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January 20, 2017, 09:50:53 PM |
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I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?
actually bitcoin is created on the name of currency but as still bitcoin is not yet so much introduce in all over the world therefore people are using it as investment, i am hopeful that in future people will adopt bitcoin as investment. |
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shinratensei_
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January 20, 2017, 10:55:01 PM |
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I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?
That's the trader's mind. Honestly, we have still the other way to trade behind using bitcoin for the general trade. I will still use it because there are a lot of the sources to trade. I will never leave it. A lot of the bitcoin's advantage have helped me a lot. |
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hawkins
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January 21, 2017, 02:31:51 AM |
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yes, it's possible. bitcoin has flexible functions. although the price is not rising, but there are still many advantages contained in bitcoin. example is the transaction. the orangutans as possible can take advantage of the singer to review transactions online. I think, there are many who will buy it.
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MANCRYPTOS
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January 21, 2017, 02:49:40 AM |
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I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?
I think it is not possible bitcoin with fixed price, but there are many things to do with bitcoin, no one knows what will happen last 50 years, Maybe this period of time, there will be shops which will use bitcoin only, so my answer is yes, I will use it |
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jeraldskie11
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January 21, 2017, 03:31:43 AM |
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Of course yes, I still using even there is no movement of price for years. I would not hope that I could earn a bitcoin for only storing it. I earn investing and trading cause I know I really earn on that way. I also working hard by collecting bitcoin. And because the bitcoiners is convert his money to bitcoin not by just convert they convert for a reason.
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lulululu
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January 21, 2017, 04:42:40 AM |
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I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?
I do leave it 4 years ago when the price goes down and to busy collecting BTC again but then the price goes up, and I regret that I dont have a single satoshi, and now I get back to collecting BTC and will try to use the price to my profit instead to leave it and regret again  |
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Doms
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January 21, 2017, 04:50:01 AM |
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Moreso that I will be more inclined to use it, assuming that many others are already using and accepting it and if the transaction times don't take too long. Bitcoin right now is more of an investment because of the ever fluctuating price, but when it stabilizes, I would not hesitate on using it more often as an alternative currency.
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jacaf01
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January 21, 2017, 04:53:10 AM |
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I don't think BTC price is the most important thing, anonymous nature, Decentralization, ease of use, low transaction cost etc are features that people see and attractive to BTC users, I believe if the price is stable which I doubt is possible because of law of demand and supply, people will still use BTC
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iram3130
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January 21, 2017, 05:01:56 AM |
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More than 75% of the Bitcoin community are traders and miners who depend on the rise and downfall of the market. They see it as an investment rather than a currency to use. There are very fewer people who use it for just buying stuff so I don't think it will survive if it gets stable.
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Yakamoto
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January 21, 2017, 05:07:53 AM |
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I personally think that I would certainly be using Bitcoin regardless of what the value would be at any given time. If it sinks too low then I might have an issue and be less interested in doing anything with it, but if it was stagnant anywhere as low as even $500 I think I would keep using it.
That's my opinion though, of course. No idea what I'd actually do.
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Dudeperfect
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January 21, 2017, 05:28:38 AM |
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I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?
It would be great assurance for the further transactions and yes I would still use bitcoin in such case. Price matters while trading or doing any transaction and if it's stable then it would be the ideal situation for bitcoin to be accepted as currency. I mainly use bitcoin because it's is easy to use and cheaper than fiat, especially on the international level. |
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Botnake
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January 21, 2017, 05:29:24 AM |
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More than 75% of the Bitcoin community are traders and miners who depend on the rise and downfall of the market. They see it as an investment rather than a currency to use. There are very fewer people who use it for just buying stuff so I don't think it will survive if it gets stable.
How do you get that figure dude, you do not even consider the gamblers which is also big in my opinion. Some could earn in trading but there are losers also as that is how it goes in this crypto world. Not all of us are earning or making money, some are just here to spend especially in gambling |
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pooya87
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January 21, 2017, 05:35:06 AM |
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what you need to know is that bitcoin is money an as money people will continue using it no matter what the price is and how it changes.
and also knowing that bitcoin is money, you can look at other currencies. such as USD, ... they all have nearly stable prices (except from occasions) but they are still being traded. you see lots of volume in USD/EUR for example.
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adzino
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January 21, 2017, 05:40:53 AM |
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I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?
Would obviously still use bitcoin if the price is stable. I don't use bitcoin thinking that one day it will go off the roof and make me a millionaire. Instead i use it for it's features and ease of transactions. |
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iram3130
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January 21, 2017, 05:46:25 AM |
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More than 75% of the Bitcoin community are traders and miners who depend on the rise and downfall of the market. They see it as an investment rather than a currency to use. There are very fewer people who use it for just buying stuff so I don't think it will survive if it gets stable.
How do you get that figure dude, you do not even consider the gamblers which is also big in my opinion. Some could earn in trading but there are losers also as that is how it goes in this crypto world. Not all of us are earning or making money, some are just here to spend especially in gambling The remaining part is Gambler's mate. And don't forget that most of the traders are Gamblers, they make money to play. If the rate gets stable then there will be very few traders remaining and it will affect the numbers of gamblers.  |
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Sahyadri
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January 21, 2017, 05:51:22 AM |
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I would still prefer BTC over fiat when transferring overseas or remitting from overseas.
Unless banking system comes up with a mechanism which transfers money instantly with reasonable fees.
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Immakillya
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January 21, 2017, 05:58:14 AM |
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Why not? It can be as good alternative for credit cards or other way of payments. We all just want profit.
But theres still good of having bitcoin even if its price is stable. Bitcoin is an internet money. This is more convinient way of payment through internet like internet shopping. We don't need to pay through your bank account. Anonimity. People love that.
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Ziskinberg
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January 21, 2017, 06:07:37 AM |
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I will because I don't think the price will be stable, the price fluctuation is the only thing that attracts investors here and as long as the price will increase, it's always good for all who are on board. What I see in the future is as adoption increases more businesses will be interested to operate and we will have more options to spend our bitcoins. With that, I still believe gambling sites will be the leading business that will boom with bitcoin's success.
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