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Question: Would you still use Bitcoin if price would be stable for years?
Yes - 72 (83.7%)
No - 6 (7%)
Maybe / I do not know - 5 (5.8%)
Something else - 2 (2.3%)
I did not read the question. I am just here to post for my Signature Campaign - 1 (1.2%)
Total Voters: 86

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Author Topic: Would you still use Bitcoin if price would be stable for years?  (Read 11832 times)
bob123
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February 18, 2017, 03:57:23 PM
 #301

No I will not use it. I will invest in other coins as it would give profit

Do you treat BTC as Investment only? The least people i know have this attitude.
Its Designed as a currency.. and it should be treatet as such in my opinion Wink

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February 18, 2017, 05:23:34 PM
 #302

No I will not use it. I will invest in other coins as it would give profit

Do you treat BTC as Investment only? The least people i know have this attitude.
Its Designed as a currency.. and it should be treatet as such in my opinion Wink
I think he is relaying what the title is.. since if the price is going to be stable it will be the same as other currency or real currency like usd..
That the movement of the price is stable and he will be choose altcoin because its giving more fluctuate and they can sell their altcoin than bitcoin. due to slow movement or bitcoin is very stable..



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February 18, 2017, 05:52:04 PM
 #303

Yes i will use because money does not matter much the work that i am doing i have a interest in bitcoin to upgrade myself  in thinking and expressing it
rchstr
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February 18, 2017, 06:09:34 PM
 #304

I think so. Even if I was a trader, I would not see big problems in this, because when Bitcoin reaches great stability, the price still have variations, just as with fiat currencies.

i think value may is important to traders as they are earning from the flux of values of bitcoin. so we cant say that there would be no problem for traders when the value of bitcoin stays stable. maybe for alternative coins that may help the traders to earn from it.
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February 18, 2017, 06:14:50 PM
 #305

Why not? After all, Satoshi invented Bitcoin to be used as a currency, rather than as an investment asset. If the value remains stable, then there are a lot of advantages as well. More and more traders will start accepting Bitcoin as a mode of payment. Also, people in the third world countries such as Venezuela and Zimbabwe will start purchasing Bitcoins to protect their wealth.
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February 18, 2017, 06:25:19 PM
 #306

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!
Yes I will keep using bitcoin in fact having a stable price will be great since I will not have to worry to leave my coins in my wallet for a long time and that the price tanks or something so it will be one less thing to worry about, and that will probably incentive business to accept bitcoin and keep the bitcoin instead of selling it right away.

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February 18, 2017, 06:27:58 PM
 #307

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!
Yes I will keep using bitcoin in fact having a stable price will be great since I will not have to worry to leave my coins in my wallet for a long time and that the price tanks or something so it will be one less thing to worry about, and that will probably incentive business to accept bitcoin and keep the bitcoin instead of selling it right away.

yes using bitcoin with stable price will be good if you want to store it in the bitcoin wallet. for now having bitcoin with this volatile movement will just let you earn or you will have some troubles from it as it can go down the value. having stable price of bitcoin is good because it can be used by many because of the feauture that having that stable price.
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February 18, 2017, 07:18:04 PM
 #308

Yes, of course I will use it because i use bitcoin for my ease rather than its price if its price become stable..
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February 18, 2017, 07:31:02 PM
 #309

I will still use it if the price would be stable, in fact i will start using it as a transaction payment instead of holding or using it for trading right now. I won't hestitate to spend it on things as the stable price will make bitcoin more a digital currency rather than other form of investment as we've seen right now.

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February 18, 2017, 08:25:22 PM
 #310

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!
Yes I will keep using bitcoin in fact having a stable price will be great since I will not have to worry to leave my coins in my wallet for a long time and that the price tanks or something so it will be one less thing to worry about, and that will probably incentive business to accept bitcoin and keep the bitcoin instead of selling it right away.

yes using bitcoin with stable price will be good if you want to store it in the bitcoin wallet. for now having bitcoin with this volatile movement will just let you earn or you will have some troubles from it as it can go down the value. having stable price of bitcoin is good because it can be used by many because of the feauture that having that stable price.
Achieving a stable price for long period should not have a negative effect in the bitcoin economy, on the contrary it would be very beneficial to impulse a better adoption for more economic agents. But a stable price does not mean a total lack of move in the bitcoin behavior, a stable price also involves less volatile pumps and dumps, not beyond 2-3% in a daily basis, as fiat currencies.
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