Betwrong
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I stand with Ukraine.
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January 24, 2017, 11:14:53 AM |
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I think would because to me Bitcoin is not a highly volatile currency from which I make advantage by trading. Actually I suck at trading. I've tried it couple of times and then stopped. I use Bitcoin because it is convenient to be payed with it wherever you are and wherever your employer is.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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saqibmunir
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January 24, 2017, 12:07:18 PM |
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the biggest disadvantage of bitcoin is that it is tax free and there is always a fear of the government to ban it and the 2nd biggest disadvantage is that its transaction fee is very high for the low transactions
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Roger Burton
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January 24, 2017, 02:08:14 PM |
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If it has a stable increment over the years, yes I would still use it. I don't think that btc can be stable for long tho, bcs we are control it and we will never want the same price at once and forever.
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bestluck
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January 24, 2017, 02:54:45 PM |
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If it has a stable increment over the years, yes I would still use it. I don't think that btc can be stable for long tho, bcs we are control it and we will never want the same price at once and forever.
Bt we do not have a direct control over it as it is a decentralized currency so if the whole community as a whole will want then can change it and the process will be if they adopt/invest more in bitcoin then. |
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peps
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January 24, 2017, 03:01:47 PM |
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Yes of course, if the price is stable you'll know what the maximum will be and the lower you be, than you can make infinite money by selling in the higher price and buying in the lower price.
If u want to wait for such with bitcoin, am afraid you will wait for a long years. The volatile value of bitcoin is the reason I check the Internet every morning.
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Herbert2020
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January 24, 2017, 03:06:49 PM |
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bitcoin price was the last thing that i had in mind when i started using bitcoin. i was interested in the rest of the features such as decentralize, low fees and security. and then price was a thing that i also enjoyed on top of all that.
and also you should all remember that if and when bitcoin price becomes stable that means people can start treating bitcoin more as a currency and that means a lot more shops will start accepting bitcoin as soon as price stability happens.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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babsalt1975
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January 24, 2017, 03:11:24 PM |
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Other than the price, bitcoin is very convenient in online transactions and payments. therefore, whether the price goes down or up, I will still use bitcoin. The convenience is what matters to me.
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Zadicar
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Activity: 1330
Merit: 1020
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January 24, 2017, 03:30:57 PM |
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If bitcoins price would became stable then i would still use it because of the faster transaction online that bitcoin could made which would really be used by most people but i think that bitcoins price would stabilize if government could able to centralized it because as of now it cant be controlled thats why its price is too volatile.
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Ewinsane
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January 24, 2017, 09:38:25 PM |
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yes i will still use bitcoin if the price of bitcoin would be stable for years because i use bitcoin as a currency and i buy a lot of product through bitcoin from any country and i hope we can be use our bitcoin in local shop for direct shopping.
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mornabo
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January 24, 2017, 10:12:41 PM |
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I think would because to me Bitcoin is not a highly volatile currency from which I make advantage by trading. Actually I suck at trading. I've tried it couple of times and then stopped. I use Bitcoin because it is convenient to be payed with it wherever you are and wherever your employer is.
I also was not too clever in the trade. but I know how important the fluctuations for the trader, so I think that when the fluctuations disappear and become stable, it will probably impact to bitcoin, because the trader is pretty much in bitcoin |
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CroIsBest
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January 24, 2017, 10:22:27 PM |
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Yea because bitcoin is perfect with low fees ,anonymously,it is not annoying like a paypal blocking account thatwe cant see in bitcoin worold what is really perfect for everybody of us.Also bitcoin will grow so I will sell it later so I must use it to do that to make more money.
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ifightformerkel
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Merit: 1000
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January 24, 2017, 11:00:06 PM |
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When i was only using Bitcoin then my answer would be no,
because iam looking for some investion to make money, i think i would invest my money in gold and silver.
But when the altcoin market would be a option in your example, then i would also use bitcoin.
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Senor.Bla (OP)
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January 25, 2017, 06:33:52 AM |
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Yea because bitcoin is perfect with low fees ,anonymously,it is not annoying like a paypal blocking account thatwe cant see in bitcoin worold what is really perfect for everybody of us.Also bitcoin will grow so I will sell it later so I must use it to do that to make more money.
Well fees are rising and are already quite high. Maybe not so high as other services, but low fees is always a major selling point of Bitcoin. Anonymity is another thing that is not 100% true. And you did not get the point where the price is stable i guess. |
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deppil
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January 25, 2017, 06:46:46 AM |
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If it has a stable increment over the years, yes I would still use it. I don't think that btc can be stable for long tho, bcs we are control it and we will never want the same price at once and forever.
to the current price of bitcoin is going steady but only for a time, perhaps only a few weeks later the price returns fluctuate. for his own future I do not really know, because it's still a mystery |
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lol3c
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January 25, 2017, 07:28:53 AM |
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Yea because bitcoin is perfect with low fees ,anonymously,it is not annoying like a paypal blocking account thatwe cant see in bitcoin worold what is really perfect for everybody of us.Also bitcoin will grow so I will sell it later so I must use it to do that to make more money.
I agree. There is no reason to give up using Bitcoin since it has helped us in many ways such as providing the anonymity and security. Fee is also a remarkable factor of Bitcoin. We do not have to pay tax while using bitcoin, we only need to pay fees. And of course, fees are much lower than the tax. Therefore, Bitcoin brings lots of benefits to users and no way I will stop using Bitcoin |
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romero121
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Merit: 1213
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January 25, 2017, 07:38:19 AM |
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Yea because bitcoin is perfect with low fees ,anonymously,it is not annoying like a paypal blocking account thatwe cant see in bitcoin worold what is really perfect for everybody of us.Also bitcoin will grow so I will sell it later so I must use it to do that to make more money.
That's true, it won't be making people suffer similar to any other payment processors. At times problems get initiated just because of the confirmations. It has got promised growth, on account of this no need of thinking stable price. If the price continue to be stable, at least once in a year price varies. |
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Przemax
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January 25, 2017, 07:40:07 PM |
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Bitcoin sittuation is deeply paradoxical as it is now. If bitcoin price would be stable it would go down in price as a speculative money would leave bitcoin. That would be awesome for bitcoin. To have 2 years of a stable price. We would know the true price of the bitcoin. It would be organical switch between speculative and merchant money. Speculants would leave and merchants would take their place when they would have see a stability of the price.
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jakelyson
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January 25, 2017, 08:06:45 PM |
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Wouldn't it be great if bitcoin's price is stable. You will not worry about volatility. Maybe by then, we will be using bitcoin more in purchasing our daily needs. We do not have to convert to fiat to buy tissue paper or coffee. We will be spending it just the way we spend fiat now. But of course my definition of stable is when it is growing steadily without sudden large dip or pump.
If bitcoin remains 900$ for 50 years, then it is not stable, it is stagnant. It will be slowly dying by then. We know fiat inflates. If bitcoin remains the same price over the years, as the dollar inflates, bitcoin's value becomes lesser.
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Shady
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Life is a game, you either play it or get played.
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January 25, 2017, 08:22:30 PM |
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To be honest i'd rather become more confident after we see a long term tipping point.
The prices may continue to increase for the next couple hundred years if real world interaction with cryptocurrency becomes more popular. Disregarding short term losses we may not see this happen anytime soon.
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20kevin20
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Merit: 1597
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January 25, 2017, 08:30:20 PM |
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Bitcoin sittuation is deeply paradoxical as it is now. If bitcoin price would be stable it would go down in price as a speculative money would leave bitcoin. That would be awesome for bitcoin. To have 2 years of a stable price. We would know the true price of the bitcoin. It would be organical switch between speculative and merchant money. Speculants would leave and merchants would take their place when they would have see a stability of the price.
No, I think it is exactly the opposite: if speculants are gone, the price gets stable. As soon as there are people trading BTC, we are safe. I don't think there will be people like leaving the Bitcoin zone soon, it only went up and I see no reason for it to go down and stay there.. I think we will still have some increase after a while, bringing in even more users. |
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