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goldcoinminer
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October 25, 2016, 08:36:23 AM |
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The fast profit will happen when bitcoin will be stable, with that statement it is just right to start investing now with the current price as bitcoin is expected to substantially increase its value in the future, we have to be optimistic as we are seeing people are adopting and that is a good sign of success.
stable mean low profit you can't buy and sell immediatelly because the price were too stable,and buying now is actually not a good idea if you're seeking only for profit and can't afford to lose,the current price is too high in my opinion You are wrong mate if we applied it to fiat trades. Stable price gives decent profit even at smaller range since the price is stable. Stable price of a currency means the currency is strong. If ever bitcoin will have a stable price then the same happenings to fiat trades will also applied to bitcoin trades. Could you imagine how many people involves in fiat trades if it's not profitable even with stable price? When the bitcoin is used as a major currency such as Euro or the Chinease Yuan, it will be much more stable. That is not happening soon, major currencies are dollars, Euro, and Yuan but not bitcoin. Bitcoin is still independent with fiat and we cannot have our own government sine it is just a decentralized platform where we are all equal here and we have freedom whatever we want to do with our coins. |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Bitcoinbro
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October 25, 2016, 10:20:29 AM |
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No if I must be honest, I do not think it will be as popular as it is right now because than a lot of people never would have bought it.
It just was so profitable because of the fact that it was not stable if the bitcoin has a stable price it will take a long time before it will rise and be profitable again.
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X-ray
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October 25, 2016, 10:55:43 AM |
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No if I must be honest, I do not think it will be as popular as it is right now because than a lot of people never would have bought it.
It just was so profitable because of the fact that it was not stable if the bitcoin has a stable price it will take a long time before it will rise and be profitable again.
what make you think people would never bought bitcoin because it was stable? stable is a good thing for normal people who uses bitcoin as an ordinary currency isn't it? stable doesn't mean price will never moving but it will eventually moving but not so often |
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Blitzboy
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October 25, 2016, 06:13:53 PM |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
First, Bitcoin price is never between 0.01-0.1$. Second, If bitcoin had a stable price, the price would reach at least 2000$. And when it happens, people will use bitcoin instead of FIAT because bitcoin is more valuable. And people will spend bitcoin in most of their daily need to buy food, clothes, to pay bill, tax, etc. |
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deisik
Legendary
 Online
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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October 26, 2016, 09:30:26 AM |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
First, Bitcoin price is never between 0.01-0.1$. Second, If bitcoin had a stable price, the price would reach at least 2000$. And when it happens, people will use bitcoin instead of FIAT because bitcoin is more valuable. And people will spend bitcoin in most of their daily need to buy food, clothes, to pay bill, tax, etc. So far I don’t see any connection between your comment and reality. Obviously, that is only wishful thinking at its best (or worst, for that matter). Paying taxes with Bitcoin is totally out of consideration (unless you are wet dreaming or high on pot), since that would essentially mean abolition of fiat. It is possible that some incompetent government could abandon its national currency in favor of a foreign currency (for example, Zimbabwe or Honduras did just that), but Bitcoin just doesn't cut it (as a currency)... Since today, by and large, Bitcoin is no more than a minor aberration in the world of finances |
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mrkevio
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October 26, 2016, 09:50:18 AM |
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Yes, because of its anonymity, safety and rapidity of transactions. Unstable price makes some people actually never get into Bitcoin because they're afraid the price will one day go down exactly when they need it. Of course, any investment is risky but Bitcoin is known already for price spikes. It'd be popular.
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Mastsetad
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October 26, 2016, 10:06:30 AM |
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No if I must be honest, I do not think it will be as popular as it is right now because than a lot of people never would have bought it.
It just was so profitable because of the fact that it was not stable if the bitcoin has a stable price it will take a long time before it will rise and be profitable again.
Exactly, the price of bitcoin is the biggest reason why people are turning their faces towards it and investing their money because they see the potential of growth in it, so if the price was stable a lot of people would not have been here right now. |
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mastica
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October 26, 2016, 04:25:59 PM |
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I dont agree, several people give up invest at bitcoins because the bubble if bitcoin were worthing a 600 dollars and today fluctuating 50 dollars up or down we would be much bigger then we are.
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Aamir1
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October 26, 2016, 04:50:18 PM |
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I dont agree, several people give up invest at bitcoins because the bubble if bitcoin were worthing a 600 dollars and today fluctuating 50 dollars up or down we would be much bigger then we are.
That is the reason why it catches the attention of investors because when it starts growing it just gives you great profits as an investor, see the price right now, before a few days it was around $610 and now we can see its reaching around $660-670, so if the price was stable that change would not have been possible which in a result would have been the reason of less users. |
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serjent05
Legendary
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Activity: 2828
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Cashback 15%
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October 26, 2016, 05:06:25 PM |
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Bitcoin will always be popular whether it has a stable price or a fluctuating price. Investor will be attracted if the price of bitcoin is fluctuating. If it become stable, merchant will be attracted to it, setting up stores to gain more user to use bitcoin as mode of payment. This is the beauty of bitcoin. It adapts in every situation.
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hawkins
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October 26, 2016, 05:27:35 PM |
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I do not know, I guess it still bitcoin become popular. Well, besides the price is not stable, still has a bitcoin transaction so quickly, which makes people perform transactions on the Internet use it. in addition there are many other advantages that bitcoin, but I think its popularity will decrease, because I know, most investors are those who expect profits on price volatility
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Bitonly88
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October 26, 2016, 07:03:40 PM |
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I do not know, I guess it still bitcoin become popular. Well, besides the price is not stable, still has a bitcoin transaction so quickly, which makes people perform transactions on the Internet use it. in addition there are many other advantages that bitcoin, but I think its popularity will decrease, because I know, most investors are those who expect profits on price volatility
You're right, Bitcoin will lose investors. As a means of payment, he is not much interested. Therefore, I believe that if the price is stabilized, then Bitcoin will simply die |
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Greenenergy
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October 26, 2016, 07:19:18 PM |
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You would lose a lot of the speculators, but on the other hand, you would also win a lot of average people. So I guess result would be the same.
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Milkduds
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October 26, 2016, 07:44:04 PM |
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One problem that would ease or become more obvious is how the bitcoin atm units exploit price and currency exchange to hide their true fees. Imagine this would spread into other aspects as well and would kill a bit of the profit margin for like minded companies.
Once bitcoin leveled off exchanges would have to adapt or go the way of the dodo and I think a bit of the lending would also peter out as the percentages would not be as big and speculative.
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Ziskinberg
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October 27, 2016, 02:54:38 AM |
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You would lose a lot of the speculators, but on the other hand, you would also win a lot of average people. So I guess result would be the same.
If you will look at the effect of the economy of bitcoin as a whole, I believe that affect would be positive as speculators are just a lower volume compared to the average people you are talking that will adopt with bitcoins. It will create demand if that happens and the price will again increase although it will not fluctuate that hard. I think it is more on a one way price movement and that is an increase trend. |
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passwordnow
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October 27, 2016, 03:20:30 AM |
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You would lose a lot of the speculators, but on the other hand, you would also win a lot of average people. So I guess result would be the same.
Nope, it would result the same. If the bitcoin will had stable price then it would led the people to stay away from bitcoin as it has stable value, they would choose to use fiat money or paypal for that case. That is why many investors are starting to come up with bitcoin because of its unstable price, its decentralization, they can see a good way to get profit with it. |
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Hatuferu
Legendary
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Activity: 1092
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https://trueflip.io/
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October 27, 2016, 03:56:59 AM |
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You would lose a lot of the speculators, but on the other hand, you would also win a lot of average people. So I guess result would be the same.
Nope, it would result the same. If the bitcoin will had stable price then it would led the people to stay away from bitcoin as it has stable value, they would choose to use fiat money or paypal for that case. That is why many investors are starting to come up with bitcoin because of its unstable price, its decentralization, they can see a good way to get profit with it. No, you are only thinking on one dimension. The interest of the many, shall be serve and when the price is stable that means there's equal action and price will not be manipulated anymore. Big merchants will come in and this is good for online buyers and sellers but bad for the traders and those investors who are holding their bitcoins for the future. |
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wahb
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October 27, 2016, 05:32:31 AM |
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yes there is no doubt about this that bitcoin will be still stable ever after it become stable and may be become more stable that its previous position.
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Doms
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October 27, 2016, 06:54:45 AM |
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As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
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arcanaaerobics
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October 27, 2016, 07:26:18 AM |
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As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
I don't know, there's a lot of oportunity with the floating price... You can have for example an coffe machine that accept Bitcoins only, and well, you just wait for the best time to trade to a fiat currency, it can be a big deal if you have patience and don't need the money fast. |
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