sartorpc
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January 21, 2017, 03:52:20 PM |
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I think it will be better if bitcoin is stable, more people will use it and trust it, so yes, I would still use it
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danherbias07
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January 21, 2017, 03:52:33 PM |
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That kind of hard if it will just stay in one price. I have been staying with bitcoin because of its price fluctuation actually, it make me some money that I cant get in just walking in the streets. For it to stay in one price that would mean something is controlling it already and I really dont want that. I want freedom in its usage anywhere anytime.
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Gembul
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January 21, 2017, 03:54:28 PM |
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I think if the price of bitcoin becomes stable, then many people just use bitcoin as a means of buying and selling goods only, and for trading I think demand will be reduced. Because me personaly , doing trading by utilizing the bitcoin prices rise and fall quickly.Thank you
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sabbirshm
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January 21, 2017, 03:55:42 PM |
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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 $900 for the next 50 years. Would you still use and buy Bitcoin or would you leave?
Yah,I will still use Bitcoin.Because Bitcoin is giving me many opportunities for making money.And it's helping me to make life more good.If Bitcoin price stuck at 900$ then it will be problem holders who earn good amount in short time.And also it will cause a great harm on trading.
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Rishabh riyz
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January 21, 2017, 04:10:41 PM |
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No one would want to start their business by transactions In bitcoins as the value keeps on changing . A stable price would encourage the merchants to take payment in the form of BTC as they would not face any lose when the value goes down It would become more of a payment method from an investment option
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sportis
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Veni, Vidi, Vici
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January 21, 2017, 04:31:40 PM |
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It seems clear to me that a stable price of bitcoin would be the best not only I would use it but I could also keep my savings without the fear from price fluctuations. In reality, I deal occasionally with trading so my interests in cryptocurrencies are very different from trader ones. I feel free and safe using a not inflationary global currency where there is no bank to haircut my savings or a government to impose capital controls.
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digaran
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Hero Member
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January 21, 2017, 04:50:25 PM |
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When I first came here as a newbie at nights before sleep was thinking to myself that bitcoin works like this: if I have $10 bucks worth of BTC and like 0.011 then when price goes up or down my 0.011 will automatically change to 0.01 or 0.012 to adjust to my $10 balance, but then I thought wtf? why would anyone want to halt their money in a fixed state while they can work or invest or even give it to banks for at least a slow growth over time.
Since every thing in the world is in motion, bitcoin should be too as well and an amazing part about it's price fluctuation, it is not a pyramid like altcoins but a circle. so a stable bitcoin without rapid growth and slow drops wouldn't be BTC at all and answer is no.
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abel1337
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January 21, 2017, 05:04:09 PM |
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If the price remains stable for a long time I would still use bitcoin ,It doesnt matter if it stocked . I use bitcoin to earn money and Im beleiving that even bitcoin price wont change it would be a source of my income.
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ipanks
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January 21, 2017, 05:05:53 PM |
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i will still use bitcoin if price would be stable for years because i am sure that this thing is happen then altcoin price will be increase like before and with altcoin increase, i think we can earn more bitcoin and take the profit then we can sell our bitcoin to make another profit.
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vnvizow
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January 21, 2017, 05:07:23 PM |
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Personally I'm in just for the chaos, lost a great deal during the Gox fiasco but it's part of the fun (made it back during halving anyways). IMO it's good that it's so unstable rn cause people like me who love to watch the market and trade the currency will keep it alive as long as it stay's crazy. But after Bitcoin gain's wider adoption it'll probably become stable and treated just like any regular currency. In that case I'd still use it, been in this community for too long to give it up.
I mean right now when you look around a sizable portion of Bitcoin spending still comes from the shadier parts of the internet. Compared to back when it stabilized at $120 it is being more widely accepted, but still. I'd say that trend will continue, by the time Bitcoin becomes the average Joe's currency it'd be one or two halvings away, then it'll probably stabilize on a value that's way higher than $2000.
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calkob
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January 21, 2017, 05:14:00 PM |
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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 think you are so wrong, i think that most users believe in the power of this technology and thats why they hold, anyone selling at these prices either got in early and cashing in early, are whales trying to stablise the bubble or are speculators. The price will only go through the roof if users believe in the technology and hold their bitcoin as a store of value. viewing bitcoin as a store of value and holding will make bitcoin increase in value.
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Tanic
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January 21, 2017, 05:52:39 PM |
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With the current price for bitcoin I surly would use bitcoin even in the case of stable price. Bitcoin is the only way to make money to me and I am very disappointed every time when the price goes down. So in the case of stable price for bitcoin I could work and make money calmly without checking the price for bitcoin some times daily.
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vindicare
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January 21, 2017, 05:56:19 PM |
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of course yes even if it lowers to $500 I dont do any trading so I dont worry about the price I just want to use it online for my personal stuffs and buying some game items on my online game and I'll be thankful enough to bitcoin because I can't do that without it because its hard to my country origin to have paypal funds.
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Senor.Bla (OP)
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January 21, 2017, 07:13:49 PM |
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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 think you are so wrong, i think that most users believe in the power of this technology and thats why they hold, anyone selling at these prices either got in early and cashing in early, are whales trying to stablise the bubble or are speculators. The price will only go through the roof if users believe in the technology and hold their bitcoin as a store of value. viewing bitcoin as a store of value and holding will make bitcoin increase in value. I asked a question, so how can i be wrong? But anyway, you do not understand the premise of this. You think people should hold, because the price will increase. My question was if the would still "believe in the technology" and hold if the price would NOT increase.
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PokerFace3
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January 21, 2017, 07:19:25 PM |
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of course yes even if it lowers to $500 I dont do any trading so I dont worry about the price I just want to use it online for my personal stuffs and buying some game items on my online game and I'll be thankful enough to bitcoin because I can't do that without it because its hard to my country origin to have paypal funds.
To use bitcoin as a currency we never need to bother about its price level. Moreover I believe many merchants will be coming into adopting bitcoin payment system if bitcoin will be showing stable price levels. Only investors might be bothering about stable prices of bitcoin but definitely merchants will be loving stable prices.
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BitDane
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January 21, 2017, 11:45:04 PM |
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I think I will be using it if price become stable. I can think of even setting up a business to accept bitcoin if the fluctuation remains minimal. This way I am sure that Bitcoin will not change that much from receiving payment to converting and restocking to selling again.
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BeGoods
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January 22, 2017, 03:16:28 AM |
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I think it will be better if bitcoin is stable, more people will use it and trust it, so yes, I would still use it
but what about the trader, of course when the fluctuations disappear or become stable prices. their profits will decline dramatically, particularly since most users are a trader, but of course I would survive because I love bitcoin
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densuj
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January 22, 2017, 04:46:57 AM |
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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 agree with you almost the people whom buy bitcoins because of they hope the price becomes more expensive but if It is stable on $900/ BTC for the next 50 years, it is good because still there are other choice for making high profits with making investment on altcoins (trading altcoins) and i will still use bitcoins although bitcoin's price is stable.
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ReLieD
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January 22, 2017, 10:02:19 AM |
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I would surely use , as i am not investing something is this . Im enrolled in a signature campaign which is paying me very well. So i would keep on going this way. In the near future i would rarely think of investing in Bitcoin. So if the prices remain $900 , i would still use bitcoins. No matter the prices increase or decrease.
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Superways
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January 22, 2017, 11:00:21 AM |
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Yes I will like to use bitcoin if the price of it remain a stable for years. I like to put my money to bitcoin and do not want to put them in bank so I do not want the volatile price of it but I like it to remain a single price.
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