realm
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February 14, 2017, 02:22:17 AM |
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If the price stayed that stable for years I wouldn't probably hold us much bitcoin as I now do but on the other hand I am optimstic that I would use it more, especially if the anonymity and the decentralization stay as is.
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ImHash
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February 14, 2017, 02:36:17 AM |
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Satoshi intentionally developed bitcoin in a way that the value only be moving upwards, as you can see it started from $0.01 cent and is rising day after day and price will only rises year after year, stop worrying about the temporary fluctuations as they are natural occurrences of day tradings.
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freedomgo
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February 14, 2017, 03:20:21 AM |
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Satoshi intentionally developed bitcoin in a way that the value only be moving upwards, as you can see it started from $0.01 cent and is rising day after day and price will only rises year after year, stop worrying about the temporary fluctuations as they are natural occurrences of day tradings.
I don't think that would be the main intention, if people will not create big demand then the price would have not gone this big. I guess he started a great system but we, the people patronize this as we see this is new and opposite with the current fiat system. We can use it online easily bypassing many restrictions, so we users find freedom with bitcoin.
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BartS
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February 14, 2017, 03:20:27 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?
EDIT: Poll added!
I will still use it, obviously if the price were to be stable then some interest is going to be lost especially from investors but it will offer great stability for the development of businesses.
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lerryne
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February 14, 2017, 03:28:22 AM |
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Sure i will use it. It is good for bitcoin to keep stable.
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yakpimp
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February 14, 2017, 03:42:50 AM |
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I think if it was stable for long enough it would become more common among non-tech folks. Then it would grow in value though so I'm not sure it's even possible to be that stable.
I think there is still too much negative press around btc like the whole silkroad thing is too fresh.
I love it though.
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Watershin
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February 14, 2017, 03:54:28 AM |
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I think, if the price would have been stable for next 50 years then more people would start to believe in bitcoin and bitcoin will gain confidence among masses. And yes I'll still be using it.
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Luterwish
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February 14, 2017, 03:57:35 AM |
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I am still going to use bitcoin even if it's price would be stable for next 100 years. But it will lose popularity among the investors.
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lienfaye
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February 14, 2017, 04:00:37 AM |
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Well yes i will still use it, the unstable price of btc does matter to me because im earning through it but the idea of btc getting stable price is not bad at all. i will save some of my fiat money in btc and use it to send money to my relatives that is i usually do. i still like it because of the low fee and if btc has a stable price i wont get worried that that my money will decrease.
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romero121
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February 14, 2017, 04:07:11 AM |
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Well yes i will still use it, the unstable price of btc does matter to me because im earning through it but the idea of btc getting stable price is not bad at all. i will save some of my fiat money in btc and use it to send money to my relatives that is i usually do. i still like it because of the low fee and if btc has a stable price i wont get worried that that my money will decrease.
Most users does the same and will continue to use even when the price is found stable. Also it'll easily attract the people who are not interested to be a part of uncertainty about the growth of the digital currencies. Periodically we get good stable prices which right now is above $1000.
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Variantand
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February 14, 2017, 04:34:58 AM |
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I'll still be using bitcoin, even after the prices would become stable. I support the idea behind bitcoin and not the fluctuations in the price.
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lOvE mE forEvEr
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February 14, 2017, 05:08:24 AM |
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I would not be interested again using bitcoin if its price stable. the fundamental thing that kept me interested in the bitcoin is an investment, when I bought the greatest hope is thus bitcoin benefit (not for the transaction). so if the price is stable then I will switch to other investments and use real money for transactions.
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terman45x
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February 14, 2017, 05:13:15 AM |
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I would not be interested again using bitcoin if its price stable. the fundamental thing that kept me interested in the bitcoin is an investment, when I bought the greatest hope is thus bitcoin benefit (not for the transaction). so if the price is stable then I will switch to other investments and use real money for transactions.
I think stable price of bitcoin will attract more user because main reason why most business doesn't accept bitcoin is instability in price.If price would stable then more business will accept bitcoin as payment method and a user will feel safe using bitcoin without worrying about losing money because of price drop.
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shinratensei_
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February 14, 2017, 05:26:47 AM |
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Satoshi intentionally developed bitcoin in a way that the value only be moving upwards, as you can see it started from $0.01 cent and is rising day after day and price will only rises year after year, stop worrying about the temporary fluctuations as they are natural occurrences of day tradings.
I don't think so, the value of bitcoin was coming personally. With all of the advantages has offered by bitcoin and it makes the community (bitcoiners) were realizing if the bitcoin is really potential. Satoshi don't ever think the price of bitcoin will touch $1000 in my mind.
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cotton ball
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February 14, 2017, 05:29:44 AM |
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I personally will still wearing bitcoin, during Bitcoin prices are still higher than the dollar and gold.
Bitcoin is very pleasant, because very quickly rise & fall(liquidity), unlike FIAT movement in general. Bitcoin has always proved itself to rise and stable over other currencies.
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20kevin20
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February 14, 2017, 05:43:13 AM |
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I used Bitcoin even after the price fell from $700 to $220. If it was stable why would it stop me from using Bitcoin? I'm not a trader - I don't care much about the price. If it would be stable, I think there will actually be more people joining in because that's a fear for many people: instability.
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grim007
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February 14, 2017, 06:17:14 AM |
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I used Bitcoin even after the price fell from $700 to $220. If it was stable why would it stop me from using Bitcoin? I'm not a trader - I don't care much about the price. If it would be stable, I think there will actually be more people joining in because that's a fear for many people: instability.
are you serious? if bitcoin price dumps hard, i think bitcoin will be useless too, Even if you are a trader or not , it is usual to consider the price of bitcoin before you use it because bitcoin is a currency and not a collectible items, it is meant to use on buying and selling that's why price is the most important factor of it
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artows21
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February 14, 2017, 05:27:27 PM |
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Yes of course I would continue to use bitcoins because if the value is stable it means that you will have a lower risk to lose the value of your bitcoins and so to lose everything. Furthermore, it will be a good new because it means that bitcoin will be safer!
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diegz
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February 15, 2017, 12:53:25 AM |
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Yes of course I would continue to use bitcoins because if the value is stable it means that you will have a lower risk to lose the value of your bitcoins and so to lose everything. Furthermore, it will be a good new because it means that bitcoin will be safer!
That's what comes into my mind too. People will be using bitcoin more and more as a currency when it is already stable. Even a newbie could already use bitcoin as they will not be afraid of the ups and downs of the price. Merchants too, they will be open to use bitcoin if it is not moving that much as they are busy and no time to watch out for the price to trade their bitcoin when the price swings. But definitely not for investors who are into trading. It will not be good for them except if they are into altcoin trading.
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pecson134
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February 15, 2017, 01:28:07 AM |
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Absolutely yes, If they will be proven to be steadily improving why not?It feels that it would be safer to use bitcoins than before and maybe after some years it can be an alternate mode of payment not only on larger establishment but on smaller ones also.
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