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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)
Musent
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February 11, 2017, 12:13:57 PM
 #201

No, it doesn't make any difference with fiat money. No interesting things if the price is stable, I wouldn't be trading bitcoin and buy bitcoin again. If stable prices is certainly not going to save a lot of bitcoin, because it can be affected by inflation and I'll choose save money in the bank than bitcoin.

Yes if it is in stable position many people will not use bitcoin because both are in equal stage fiat = bitcoin. Than what is the use of buying bitcoin and after converting them into fiat is useless just additional charges. Many people are attracting to bitcoin because of it's price variations, so in this way they will make profits through bitcoin.

Traders will surely not like the scenario if price of bitcoins gets stable as it will take away from them the opportunity to make regular profits but those who are earning bitcoins and want to invest their money for a long term will surely like the stable price as it will give them confidence that bitcoin will not disappear so easily or they will not loose their money by investing in bitcoins.
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February 11, 2017, 12:18:52 PM
 #202

Yes I will still use bitcoin even the price is stable. Because I buy bitcoin for trading so if I earn bitcoin I can convert it into the money same price. Yes I hold bitcoin but its not mean I cannot use bitcoin . If the price is high , stable , low I will use it. Because I can earn money from it. Why do I stop using bitcoin? No one reason . many people I think will interest if the bitcoin price is stable because its attract them to invest so the price will pump not dump.

Just to make it clear, if we came to the point where price would be steady at $900 as OP stated, there will be no pump and dump that will happen, since when they pump the price, the aftermath would be dumping, that would not make the price stable... So probably with that said, traders would not be that willing to take advantage of the price anymore, so they might think of new coin to trade...

But I am sure, if the price is stable, more and more merchants would be accepting bitcoin, specially if they know that there are already people who are using it...  Smiley
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February 11, 2017, 12:19:26 PM
 #203

No, it doesn't make any difference with fiat money. No interesting things if the price is stable, I wouldn't be trading bitcoin and buy bitcoin again. If stable prices is certainly not going to save a lot of bitcoin, because it can be affected by inflation and I'll choose save money in the bank than bitcoin.

Yes if it is in stable position many people will not use bitcoin because both are in equal stage fiat = bitcoin. Than what is the use of buying bitcoin and after converting them into fiat is useless just additional charges. Many people are attracting to bitcoin because of it's price variations, so in this way they will make profits through bitcoin.

Traders will surely not like the scenario if price of bitcoins gets stable as it will take away from them the opportunity to make regular profits but those who are earning bitcoins and want to invest their money for a long term will surely like the stable price as it will give them confidence that bitcoin will not disappear so easily or they will not loose their money by investing in bitcoins.

It is obvious that day traders will not like if Bitcoin gets stable.  It is because they profit in fluctuation and stable means less ups and downs of prices or if there is it is at minimal.  On the otherhand, merchants will rejoice since they will be able to use Bitcoin without the fear of getting huge lost due to fluctuation.  Now with lots of merchant and stores to use bitcoin, I am sure I will use it and enjoy the ease of transfer it brings.



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February 11, 2017, 12:19:46 PM
 #204

People who buy bitcoin don't look very much at the bitcoin price because they are going to spend them so if the price increases a bit then it brings a little profit to them.

So the same would be if the bitcoin price would be stable for years because some making bitcoin transaction sometimes is much easier than dealing with fiat online.

Thank you...
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February 11, 2017, 12:20:45 PM
 #205

No, it doesn't make any difference with fiat money. No interesting things if the price is stable, I wouldn't be trading bitcoin and buy bitcoin again. If stable prices is certainly not going to save a lot of bitcoin, because it can be affected by inflation and I'll choose save money in the bank than bitcoin.

Yes if it is in stable position many people will not use bitcoin because both are in equal stage fiat = bitcoin. Than what is the use of buying bitcoin and after converting them into fiat is useless just additional charges. Many people are attracting to bitcoin because of it's price variations, so in this way they will make profits through bitcoin.

Traders will surely not like the scenario if price of bitcoins gets stable as it will take away from them the opportunity to make regular profits but those who are earning bitcoins and want to invest their money for a long term will surely like the stable price as it will give them confidence that bitcoin will not disappear so easily or they will not loose their money by investing in bitcoins.

traders will surely dislike a very stable price but there is still lots of opportunities to make profit even in a market with a stable price. you can check so many other markets, and they are still being traded.

and besides don't forget that no price can stay stable for long. surely it won't be $50 change forever but it wouldn't be $0 change either. it will be a smaller change for example going up and down in $5 range.

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February 11, 2017, 12:23:58 PM
 #206

Yes I will still use bitcoin even the price is stable. Because I buy bitcoin for trading so if I earn bitcoin I can convert it into the money same price. Yes I hold bitcoin but its not mean I cannot use bitcoin . If the price is high , stable , low I will use it. Because I can earn money from it. Why do I stop using bitcoin? No one reason . many people I think will interest if the bitcoin price is stable because its attract them to invest so the price will pump not dump.
Would you still use bitcoin if the price for it fall to the most early prices, which were like couple of cents? I doubt.
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February 11, 2017, 12:33:55 PM
 #207

People who buy bitcoin don't look very much at the bitcoin price because they are going to spend them so if the price increases a bit then it brings a little profit to them.

So the same would be if the bitcoin price would be stable for years because some making bitcoin transaction sometimes is much easier than dealing with fiat online.

Thank you...
That's not true that people who buy bitcoin don't look on it's price. i think exactly such factors as decentralization and high price play the main role for bitcoin's popularization. I would leave bitcoin in the case of low price and if the price would be high as today I would stay in this even if bitcoin would get stable.
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February 11, 2017, 12:34:29 PM
 #208

Yes I will still use bitcoin even the price is stable. Because I buy bitcoin for trading so if I earn bitcoin I can convert it into the money same price. Yes I hold bitcoin but its not mean I cannot use bitcoin . If the price is high , stable , low I will use it. Because I can earn money from it. Why do I stop using bitcoin? No one reason . many people I think will interest if the bitcoin price is stable because its attract them to invest so the price will pump not dump.
Would you still use bitcoin if the price for it fall to the most early prices, which were like couple of cents? I doubt.

Lol, It funny specs going here I think. First bitcoin move back to the scratch value and then we all knows bitcoin is the volatile currency. If it be same value as of now. I am sure everyone will use it.
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February 11, 2017, 12:36:12 PM
 #209

yes, I think I will still use Bitcoin in the coming years. Bitcoin is stable and safe, although it is constrained by many things, but it's still growing. I need something like that in Bitcoin, I think I will always use it as a single currency.





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February 11, 2017, 12:46:51 PM
 #210

yes because i use bitcoin for my income , if i not use it . where is i can get my money ?

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February 11, 2017, 01:36:55 PM
 #211

yes we dont use bitcoin only to make profit butwe use for transferring money world wide in ease and simple way without having to worry about personal information. last few days backi have too much pron sending moey though banktransferr to a graphics designer but with bitcoin its simple lie 1 ,2, 3 step for sending money to any part ofthe world or may be outside of world (Kidding)
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February 11, 2017, 02:09:17 PM
 #212

yes we dont use bitcoin only to make profit butwe use for transferring money world wide in ease and simple way without having to worry about personal information. last few days backi have too much pron sending moey though banktransferr to a graphics designer but with bitcoin its simple lie 1 ,2, 3 step for sending money to any part ofthe world or may be outside of world (Kidding)
Haha, outside of the whole world maybe Jupiter or mars.
I am agree with you of using bitcoin even if the price stable for years, because transactions it's too easy. So you can enjoying do transfers of bitcoin without any problems. Also if you do that, you can only pay a very low fees and sometimes without fees. bitcoin is easy to controle.

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February 11, 2017, 02:32:21 PM
 #213

yes because i use bitcoin for my income , if i not use it . where is i can get my money ?
Hundreds and thousands of people are making their money from bitcoin and they do not always earn from trading but from a number of other ways also so they will not stop earning their ways and will prefer to use bitcoin. Like people have their companies with bitcoin payment.
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February 13, 2017, 06:31:58 AM
 #214

yes because i use bitcoin for my income , if i not use it . where is i can get my money ?
Maybe in one of the millions of jobs people all over the world are doing?

You're funny, we could call you a bitcoin child Cheesy

Explanation: Nowadays children are clueless without computers and internet. They don't know how to tie their shoes and use google to answer even the simplest questions. We call it children of the internet. You are the first official child of bitcoin, that doesn't know how to earn money without it.

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February 13, 2017, 09:03:51 AM
 #215

yes because i use bitcoin for my income , if i not use it . where is i can get my money ?
Maybe in one of the millions of jobs people all over the world are doing?

You're funny, we could call you a bitcoin child Cheesy

Explanation: Nowadays children are clueless without computers and internet. They don't know how to tie their shoes and use google to answer even the simplest questions. We call it children of the internet. You are the first official child of bitcoin, that doesn't know how to earn money without it.

maybe you should not use the world children. as for now all grown up "child" needs extra income to support their needs without the help of their parents. at this age the grownups would like to have his or her own income even if it is small or big. so you should not consider those kids but let us consider them grownups.
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February 13, 2017, 10:11:24 AM
 #216

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!
You are right at some extent but here most of the bitcoiner doesn't dependent upon the price fluctuations .
As the trading became a tedious job to make profit , so fluctuations in the bitcoin price became a profitable thing for those some bitcoin traders .
But opposite of the price of bitcoin fluctuations , I want price of the bitcoin remain constant because some bitcoin trader don't want disturb in price because they have huge difference between the buying and selling price .
Secondly in the signature  campaign the price changes if the price of bitcoin increase but when the price get lowered then they never increase the bitcoin amount for the per post , that is a thing which is annoying .
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February 13, 2017, 10:14:36 AM
 #217

yes because i use bitcoin for my income , if i not use it . where is i can get my money ?

You can just simply work in real job if you can't have income in bitcoin. And for me I would still use bitcoin if the price will be stable for years, it doesn't mean that just because it's already stable I'm not going to use it anymore. The price of it can be stably changing and that's the same on what's happening now.



 

 

 

 

 

 


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ManOnTheMoon
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February 13, 2017, 10:18:51 AM
 #218

yes because i use bitcoin for my income , if i not use it . where is i can get my money ?

You can just simply work in real job if you can't have income in bitcoin. And for me I would still use bitcoin if the price will be stable for years, it doesn't mean that just because it's already stable I'm not going to use it anymore. The price of it can be stably changing and that's the same on what's happening now.

I think he is trying to say that he is full time into bitcoin and that's the way he is earning money and if he stops using bitcoin then he won't get his income and I believe he is a full timer in bitcoin and if he is then he don't need to go for a real job as he can earn much more in bitcoins in compare to day job.

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Doms
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February 13, 2017, 10:37:23 AM
 #219

All the more that I am going to use it because as the price stabilizes, the more people will be enticed to use it regularly which will also lead to more merchants starting to accept it, and as long as the transaction fees aren’t prohibitively high and justifiable even for small transaction, my answer would be a big yes.
positivezero
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February 13, 2017, 10:44:02 AM
 #220

Would i still use bitcoin if the price would be stable for years? hm if the price is very high and become stable, then of course i will still use it but if the price fall down and it become stable for years, i dont think so if i still use it and maybe i will find another way to have a part time job. if that time will come, for sure i have a lot of bitcoins i keep. But maybe it would never happen, since the price of it is never been stable since from the past years
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