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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 11865 times)
RobFre
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January 21, 2017, 11:10:39 AM
 #41

Well, I have to admit that the hope for the price going up is really strong in me, but in my opinion the Bitcoin is a great project, and I think that I would continue to use it even if the price was stable. Moreover 860€ is a very good price, so why not  Grin
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January 21, 2017, 11:11:41 AM
 #42

If bitcoin would stable its price then its adoption would increase even more because government will surely adopt bitcoin and by that time i think bitcoin would be controlled not internally but on the businesses which is involved in it.Popularity would somehow lessen and increased in the situation where investors would leave bitcoin because they cant make money anymore out of it.

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January 21, 2017, 11:12:34 AM
 #43

as for me I will still use bitcoin maybe there will be disadvantage when the price of bitcoin become stable for so long but there still be advantage ofcourse for example in money transfer your not gonna be worried at instant price drops because what you send is also what will they receive nothing more nothing less
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January 21, 2017, 11:16:10 AM
 #44

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?


Yes I would use it irrespective of the price going up and down. Why because Firstly it's is decentralised and that's the biggest thing of all. It is not controlled by any one human, it's safe and secure and no need to carry it around. And op the price of btc is a reason why people fall in love with the btc, but sooner or later they realize it's more than the price, then they understand the technology and fall in love with it.
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January 21, 2017, 11:18:41 AM
 #45

Yes probably I am still going to used it, one of the reason I used bitcoin is the anonymity and the freedom usage, so I will still used  bitcoin for transaction and gambling, but because the price is going to stable for a long time, maybe i won't keep my bitcoin as investment


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January 21, 2017, 11:28:25 AM
 #46

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 will still use,one of the things that attract me to Bitcoin is it's being decentralized I am fed up with paypal and other payment processor who restrict your account for no reason at all and Bitcoin is still the best alternatives we have at this point of time.

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January 21, 2017, 11:30:51 AM
 #47

Stable price would definitely encourage more people to use bitcoin as the mean of payment rather than investment and subject of speculation. In that case I would definitelly use Bitcoin for international payments instead of PayPal. That's first place where Bitcoin can compete with fiat payments.
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January 21, 2017, 11:34:53 AM
 #48

My answer is YES. Because Bitcoin is a Currency & it was always Up&down.If it's stable for years However Oneday it's Not stable. Whatever it's an Currency so it's have not to stable!
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January 21, 2017, 11:52:26 AM
 #49

If I have the the right amount to invest every now and then yes, but I won't see profit, so my money will be the same as before. I don't think that can work, because we will stuck only in one price and that's bad.
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January 21, 2017, 11:53:09 AM
 #50

Stable price would definitely encourage more people to use bitcoin as the mean of payment rather than investment and subject of speculation. In that case I would definitelly use Bitcoin for international payments instead of PayPal. That's first place where Bitcoin can compete with fiat payments.
For most users, price stability in fact would not be a problem. I think the only ones who would complain about it would be traders and speculators, but they will not have big problems in the long run either, because even when Bitcoin reaches high levels of stability, there will always be price variations, in the same way as there are still variations in fiat currencies.
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January 21, 2017, 11:54:35 AM
 #51

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 is one of many other advantages of using bitcoin, people like to buy it and hope for profits to sell it.
But, bitcoiners assume bitcoin as medium of exchange which better than any other currencies or precious metals.
There are plenty of advantages that bitcoin offering for users that want an alternative payment.
To answer your question : yes, I will still use bitcoin, why not.
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January 21, 2017, 12:27:54 PM
 #52

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 is one of many other advantages of using bitcoin, people like to buy it and hope for profits to sell it.
But, bitcoiners assume bitcoin as medium of exchange which better than any other currencies or precious metals.
There are plenty of advantages that bitcoin offering for users that want an alternative payment.
To answer your question : yes, I will still use bitcoin, why not.
When the moment will come, there will no more chance for us to earn from trading and most of it's use is merely for online transaction. But when that time will come, the price for sure will be bigger than today's price, so I suggest if you believe it will happen, we should start saving now.

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January 21, 2017, 01:03:11 PM
 #53

If the price is stable at the high prices of course I still use bitcoin, but if the price of the bitcoin is stable at low prices, it's likely to not use bitcoin it definitely exists. but for me there is no reason not to use bitcoin during it's worth.
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January 21, 2017, 01:13:36 PM
 #54

Yes I will use bitcoin even the price is $900 that's still a huge amount and actually I'm using bicoin not for the price but for the less hassle when sending or receiving payment.

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January 21, 2017, 01:19:19 PM
 #55

I believe on bitcoin because of its technology and not because of the price increase. That is why if the price of bitcoin will remain stable for longer even for years then I will be more happy with bitcoin because I want to put all my money in bitcoin.
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January 21, 2017, 01:21:32 PM
 #56

I would. And I am pretty sure many others would adopt Bitcoin because their biggest fear is the instability of its price. If you want to start a business, it's hard to adopt Bitcoin. The earnings can be cut by half within a single bad move like a DDoS or a hack. We need stability for a short time so more people will join us in with their businesses too. The more it's going to be adopted, the higher the price will get!
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January 21, 2017, 01:27:09 PM
 #57

Of course I will still use bitcoin. There are many reasons why bitcoins will still be used by everyone like you can send money for.your loved ones instantly with low transaction fees.

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January 21, 2017, 01:27:53 PM
 #58

I would use Bitcoins even the price would be stable. I now that volatility attracts many people because in that they see the opportunity to make profit. But I see Bitcoin not just as profit opportunity but also as alternative to traditional finances that gives me another choice.
And stable price would probably attract more businesses to Bitcoin so from that perspective stability could be good.

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January 21, 2017, 01:37:37 PM
 #59

If suppose bitcoin will remain to that value for the coming 50 years then I think the traders will give less time to bitcoin but those people who want to implement bitcoin as their payment then they will readily adopt it as they will not have fear of the price volatility.
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January 21, 2017, 03:49:18 PM
Last edit: January 21, 2017, 10:47:47 PM by bitllionaire
 #60

If suppose bitcoin will remain to that value for the coming 50 years then I think the traders will give less time to bitcoin but those people who want to implement bitcoin as their payment then they will readily adopt it as they will not have fear of the price volatility.
yes i am hopeful that bitcoin will remain for more than 50 years. i think bitcoin is design as to stay forever. yes that is a fact that those people who have invested their money for long term investment they are pretty confident for the price of bitcoin. they do not care the for the price of bitcoin if it fell down to some limit.
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