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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)
barnes13
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February 08, 2017, 03:24:01 AM
 #181

I prefer use Bitcoin even the price is stable, I still can get advantage from Bitcoin and increase what I have with trading altcoin or investment, I'm happy when the Bitcoin price is up and I don't think the price will always stable even just for one month, Bitcoin price will always change day by day up or down.
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February 08, 2017, 12:04:22 PM
 #182

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.
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February 08, 2017, 12:44:19 PM
 #183

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.
The people who was the majority interest of bitcoin when it becomes stable is not the trader, merchants will surely use bitcoin as this can be the biggest and the greatest payment system. However, due to the limited supply, I guess this will never be stable, and the interest of the traders and all the users of bitcoin will be serve.
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February 08, 2017, 03:00:25 PM
 #184

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!

I don't have an idea what will happen to bitcoin as well as the users if the price would become stable at $900 for the next 50 year Probably there will be so many people who would stop on using bitcoin and will migrate to another crypto currency well for me I'll still keep on using bitcoin as long as it has such huge value and as long as the bitcoin is still circulating and there are many people who would buy or invest in bitcoin it won't become stable in my opinion .
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February 08, 2017, 03:10:59 PM
 #185

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, I have the same thought as from my perspective, bitcoin's instability and uncontrollability in price are what draw people's attention and more important, what make bitcoin really bitcoin. Fluctuation in bitcoin's price is like its signature, so if it was made stable for a long time then the number of its users would drop and I think I would be one of the ones who gave up on it.
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February 08, 2017, 03:11:28 PM
 #186

I prefer use Bitcoin even the price is stable, I still can get advantage from Bitcoin and increase what I have with trading altcoin or investment, I'm happy when the Bitcoin price is up and I don't think the price will always stable even just for one month, Bitcoin price will always change day by day up or down.
At that time people will still use bitcoin because people will not worry to put their money in bitcoin and will not fear of volatility and the market will also adopt it for their businesses for that reason so the use will increase more at that time. I will also then use bitcoin at that time and will store my money in bitcoin for more longer.
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February 10, 2017, 06:11:35 AM
 #187

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!
I think so, many people only care about the price of Bitcoin, waiting for price increases to benefit, they not interested in technology of Bitcoin.. This is unfortunate for those who do not care about it. In years to come, including the price of Bitcoin is not stable, I will still using and trading it as now. My favorite thing in Bitcoin is technology and its features, price is only part. Modern technology of the new Bitcoin is a constitutive element of its true value. 900$ for the next 50 years, it's not too bad, I thought it was a good price and suitable. If the Bitcoin price stability over years I think there are still a lot of people use it,  but I think that prices of Bitcoin will not stabilize, maybe it'll be a bit of fluctuation.
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February 10, 2017, 09:49:27 AM
 #188

Yes, the function of the bitcoin is ease of transactions, transactions with bitcoin can we do without the help of the bank, for a small fee, and get to destination faster than transfers with fiat money.
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February 10, 2017, 05:40:14 PM
Last edit: February 10, 2017, 05:51:14 PM by geopolisch
 #189

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.
I think is it bitcoin will be like gold ? where the price is higher then becomes stable. I think it would be a little disappointing because there are a lot of traders who are in bitcoin, of course they are not going to like this
Exactly it will directly effect the user who is in the trading business or make money by direct investment and I think bitcoin will lose a number of traders if its price get stable. I think no currency in this world has stable price.

If price get stable it directly effects the economy of the country that will also be the same case of bitcoin community.
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February 10, 2017, 07:36:22 PM
 #190

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.
but i think yes bitcoin will be still more popular and more and more merchants will adopt bitcoin and specially for transaction purpose so i can say that even if bitcoin become stable or years bitcoin will be more and more popular and people will still be accepting it for different purposes.
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February 10, 2017, 11:27:35 PM
 #191

The price will never be stable and it has a million reasons. It seems to me that Most did not want to be that price was stable. Everyone wants to make a swing. 50 years? I hope to live to see that time.

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February 10, 2017, 11:39:32 PM
 #192

Of course I would, but stability would only bring another wave of investors. People, who are now staying away, because they are looking for a safe place to store their money, a place where a government cannot look.
The speculators would start leaving and businesses, that want to implement bitcoin payments would take their place. It would be even better for bitcoin in the long run.
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February 11, 2017, 05:21:03 AM
 #193

Probably yes I will still use bitcoin if the price would be stable for years. As this means bitcoin is growing rapidly in the bitcoin world. Thus, Bitcoin will still be popular in the coming long years
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February 11, 2017, 07:31:13 AM
 #194

Probably yes I will still use bitcoin if the price would be stable for years. As this means bitcoin is growing rapidly in the bitcoin world. Thus, Bitcoin will still be popular in the coming long years
Interestingly, to use bitcoin we just need stable prices and only for the investors and traders fluctuating prices will matter.

I believe more merchants will come forward when they are seeing stable prices for bitcoin for years. Still many merchants are accepting bitcoin with third party support to encash their bitcoin immediately after the deal. By seeing these, there would be no chances for bitcoin to get stable price for next hundred years.
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February 11, 2017, 07:37:45 AM
 #195

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!

I will still using this bitcoin even if the price will be stable for the next 50 years. I'm not using this bitcoin for trading only. I use it as my money keeper. I use it as my online wallet, i use it to buy some items online. And many more. But I think many people will not use it if that will happen, because many user of bitcoin use it in trading to trade it to fiat.
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February 11, 2017, 07:48:16 AM
 #196

of course I still use it. even when the price drops, I will still be using bitcoin for several reasons. Well, bitcoin always gives me an advantage although prices did not rise. I have not had a job in the real world, so I'm still going to look for bitcoin, although the price is stable for a long time.
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February 11, 2017, 07:50:41 AM
 #197

Yes I would but I d prefer having slow, natural growth, year after year, maybe 10% per year.

However, I d even more prefer doubling of price every year which is what I believe will take place.

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February 11, 2017, 07:53:41 AM
 #198

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.

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February 11, 2017, 09:24:00 AM
 #199

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.

You guys are thinking Traders point of view. You are right it is no use to bitcoin if the price is stable. But if the price stable at $1k+ then this is use for small business people and miners they will make a huge profit from this stable price. And those who do work for Bitcoin they will make a profit. Investors also get good profit. Usually, I will buy Bitcoin from fiat currency I earn coins from my work, so I will use BTC if the price is stable.
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February 11, 2017, 12:11:35 PM
 #200

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.
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