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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)
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January 24, 2017, 04:47:18 AM
 #121

Probably yes,it gives a good services easy transaction with less fees.If for the following years the price will continue to be stable ,probably during that time also the value will also rise,then it really a good benifit to everyone.Using bitcoin really drive into everyone using it because how it really works fast with no hussle in your every transaction.

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January 24, 2017, 05:21:18 AM
 #122

Yes, of course, probably I would even use it more than today as the prices are really stable already and it would be easier to transact using it. If it achieves the stability like the USD then that means if I want to pay someone with bitcoins I don't even need to check every minute how much are bitcoins.
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January 24, 2017, 05:26:07 AM
 #123

If bitcoin stand stable around the 350- 400 dollars and wouldnt go up or down them those, i would keep using and spending more my bitcoins than now, due the fact it would be easy to get new coins, and would be investment period, with the potencial that bitcoin does have, and the halving readjusting the value, people are starting to saving instead invest and make the coin circulate, that were one of the main reasons that made bitcoin be what it is now.
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January 24, 2017, 06:14:53 AM
 #124

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!
Your question is a little bit on the extreme side if you said the price could be stable for a few years I could believe that scenario to be possible but 50 years is not going to happen, even if adoption did not increase the halving will be enough to drive the prices up.
Nobody expects the price to be stable and certainly not for so long, but this is an what if question with the premise of a 50 year long stable Bitcoin price. I could have taken 10 years. But my point was to make sure nobody would say, that he still sees Bitcoin as an investment because after 10 years he would expect the price to rise and he is willing to wait that long.

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January 24, 2017, 07:12:20 AM
 #125

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!

Of course, Why not! it means bitcoin is very stable for 50yrs.,Besides since its started as digital currency not as Bitcoin itself to become popular that's why people around the world are innocent about it. I will not leave it but will continue to use it. And moreover Bitcoin is accepted in some other advertising company as mode of payments and even in the forex trading onling. That shows Bitcoin is really good as an investment.
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January 24, 2017, 07:59:40 AM
 #126

If bitcoin stand stable around the 350- 400 dollars and wouldnt go up or down them those, i would keep using and spending more my bitcoins than now, due the fact it would be easy to get new coins, and would be investment period, with the potencial that bitcoin does have, and the halving readjusting the value, people are starting to saving instead invest and make the coin circulate, that were one of the main reasons that made bitcoin be what it is now.
I doubt that you will continue using Bitcoin if the prices ever get stable around $400. You will definitely cry a lot because the prices drop from $1000 to $400 and due to this fact, you will sell all your Bitcoin as soon as possible in order to avoid losing more money in BItcoin

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January 24, 2017, 08:17:47 AM
 #127

If bitcoin stand stable around the 350- 400 dollars and wouldnt go up or down them those, i would keep using and spending more my bitcoins than now, due the fact it would be easy to get new coins, and would be investment period, with the potencial that bitcoin does have, and the halving readjusting the value, people are starting to saving instead invest and make the coin circulate, that were one of the main reasons that made bitcoin be what it is now.
I doubt that you will continue using Bitcoin if the prices ever get stable around $400. You will definitely cry a lot because the prices drop from $1000 to $400 and due to this fact, you will sell all your Bitcoin as soon as possible in order to avoid losing more money in BItcoin
We can still use it, not all of us here are seeing bitcoin as a form of investment only. We have seen that price in the past and there is no problem with using it, as long as the system is still perfectly working, there is no reason for me to stop using bitcoin. If I cannot make an income by investing it, I can definitely use it in gambling and hopefully I could earn.

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January 24, 2017, 09:47:09 AM
 #128

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!

Well bitcoin is my all time favorite and i have spend with my life just to earn it >.< and i haven't got any big amount of bitcoin that i achieve in this 2017 and also i will not stop and not leave bitcoin because i have knowledge from it now and can't really think on going to quit bitcoin, bitcoin is life >.< it helps me so many times now to my family and my friends and i can predict bitcoin will rise again and have the biggest amount then my bitcoin will be worth a millions Cheesy bitcoin cannot die and bitcoin will never give up Cheesy it almost populates the hole world but its processing but still when it populates then i will be rich as a business man Cheesy and have loads of bitcoin Cheesy
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January 24, 2017, 10:00:50 AM
 #129

Definitely YES! This why I support decision of Chinese exchanges to limit volatility based on speculations by simply introducing trade fees.

BTC and crypto is not about speculation. Cause in order to make money on speculation, somebody MUST lose money. Crypto s about new way of value storage over time, like electronic gold. Do you see such high volatility with gold? Would anyone use gold if it would be so volatile? So let s repeat the story with gold without being too smart about this.

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January 24, 2017, 10:26:53 AM
 #130

those who are only using bitcoin as a trading tool to make more fiat will stop using bitcoin and go back to other things but those who are using it as currency or both at least will stay and continue using it. bitcoin was meant to be used as a currency in the start.
and I am from the later group so I will stay.

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January 24, 2017, 10:34:04 AM
 #131

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!
Very difficult for me to answer for to me bitcoin is both,a good investment and convenient mode of value tranfer.
For investment purpose I would stop buying bitcoin because there is no point in buying when price is not going to change but for transferring money,I would definitely prefer bitcoin.
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January 24, 2017, 10:42:26 AM
 #132

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!
probably yes as long as I have free time, I spare time with something useful like bitcoin, bitcoin is already a extra money for me

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January 24, 2017, 10:43:04 AM
 #133

Yes I would stop using bitcoin if it price remains stable for such a long period.
One of the major attraction to bitcoin is its price and if price gets stable,no new users will adopt it and even many existing members will quit using bitcoin and go for some other crypto.
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January 24, 2017, 10:55:40 AM
 #134

Yes I would stop using bitcoin if it price remains stable for such a long period.
One of the major attraction to bitcoin is its price and if price gets stable,no new users will adopt it and even many existing members will quit using bitcoin and go for some other crypto.
Same here and i think almost all will still use bitcoin if the price would be stable since many merchant and website right now are accepting bitcoin and more sites and merchant will come to accept bitcoin there is no reason to stop using bitcoin since we can use them even the price of bitcoin is stable..
unless if bitcoin will crash back to $100 and many people will regret using it until stop using it..
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January 24, 2017, 10:57:07 AM
 #135

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!
A stable bitcoin price is not possible for a lot of bitcoin is stored in cold storage.If bitcoin price remains unchanged for long period,all stored coin will come in market for sale because holders will know they can sale at current price and buy back at lower price.Such a quick influx of all stored bitcoin will decrease its price.
Demand will also remain constant and at some point decrease as people know that they can buy anytime at this price so they will not hurry up to buy.

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January 24, 2017, 11:02:04 AM
 #136

Yes I would stop using bitcoin if it price remains stable for such a long period.
One of the major attraction to bitcoin is its price and if price gets stable,no new users will adopt it and even many existing members will quit using bitcoin and go for some other crypto.
Same here and i think almost all will still use bitcoin if the price would be stable since many merchant and website right now are accepting bitcoin and more sites and merchant will come to accept bitcoin there is no reason to stop using bitcoin since we can use them even the price of bitcoin is stable..
unless if bitcoin will crash back to $100 and many people will regret using it until stop using it..

Isn't it favorable to merchants if the price won't move too much in 50 years? and the only people that will be hurt too much are the traders? I am sure merchants will still accept bitcoin when the price stabilizes since they could just convert it back to fiat without a problem any time they want it... Besides, they could add extra amount in the price of their merchandise when they sell it for bitcoin...  Smiley
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January 24, 2017, 11:06:41 AM
 #137

Value-based price (also value optimized pricing) is a pricing strategy which sets prices primarily, but not exclusively, according to the perceived or estimated value of a product or service to the customer rather than according to the cost of the product or historical prices.
What is not clear here? We work for bitcoins, we use them. Price is important to marketers because it represents marketers' assessment of the value customers see in the product or service and are willing to pay for a product or service. Stable price means stable bitcoin, like this we are walking on edge, risk a lot.
This are definitions about price and value, use them to think again about stability. Stability doesn`t mean to be at 900 and stay there forever, it`s too be there for some time and then when conditions are good to rise again.



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January 24, 2017, 11:08:30 AM
 #138

the price is never going to stay the same (stable) ever. you can see the price of Gold and other similar investment also the price of other currencies against each other. they are never stable. and bitcoin is no exception.

besides i am not a BTCLovingDude just for the price Smiley
i am in it for the long run, to see the adoption and use it to pay for stuff instead of using cash.

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January 24, 2017, 11:10:58 AM
 #139

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!
probably yes as long as I have free time, I spare time with something useful like bitcoin, bitcoin is already a extra money for me

The same is with me, based upon the leisure time I get I'll spend time upon those for some extra earning. These days bitcoin is found to be more popular to give additional earning. So without doubt I'll continue using it even if it holds in as stable price.

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January 24, 2017, 11:13:26 AM
 #140

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!

Of course even $500 will do . It is true that bitcoins price fluctuation plays a great role and it is the thing that attracts most people to it . But even without that I think that bitcoin can stand alone . You can still save a lot if you use bitcoin since it has low fees and whats more if  it will be accepted by most merchants? . And what I like about bitcoin besides its fluctuation is the authority to control my own money, I can be my own bank and if the price is stable it can be considered as an asset cause there  willl be no risk that your money in bitcoin might go $0 .

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