Jewell
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February 15, 2017, 04:10:52 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 i am hopeful that the bitcoin is not going to useless in any case because if the price of bitcoin is increasing then it can give give us good profit but if the price is stable then it is more good for trader to use it for transaction and so may other purposes. and even for use to use it as currency.
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iram3130
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February 15, 2017, 04:27:33 AM |
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Would I be willing to sell items for it? Sure. Would I buy and stack it? No, I would use it to buy stocks that have a dividend, I think a lot of us here are interested in increasing our wealth, for first world nations our fiat works well. I don't need another currency, I want something better, and staying at 900 USD for 50 years means it loses buying power just like the dollar.
Absolutely true. We may not wanna stack Bitcoins like now everyone is trying to do, But we will be definitely using it if there is no better option comes in all those years. We Don't love Bitcoin for just it's volatility, we love it for the usability and easiness in the transactions.
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ufaiz50
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February 15, 2017, 06:03:36 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 still use it but if the price of bitcoin stable the next 50 years it's will not earn profits those who make bitcoin as an investment because there is no change in the value of a bitcoin itself. I think it was tough going
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kolloh
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February 15, 2017, 06:39:58 AM |
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Would I be willing to sell items for it? Sure. Would I buy and stack it? No, I would use it to buy stocks that have a dividend, I think a lot of us here are interested in increasing our wealth, for first world nations our fiat works well. I don't need another currency, I want something better, and staying at 900 USD for 50 years means it loses buying power just like the dollar.
I agree with most of these points but I also think that Bitcoin is a great currency and provides an easy of use for purchasing goods and services securely. I'd still use it for purchasing and selling items, but if its entirely stable there would be no sense on holding onto it for long periods of time as an investment.
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Viakor
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February 16, 2017, 09:50:45 AM |
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yes, it's possible. bitcoin has flexible functions. although the price is not rising, but there are still many advantages contained in bitcoin. example is the transaction. the orangutans as possible can take advantage of the singer to review transactions online. I think, there are many who will buy it.
I think that you're right because you use the Bitcoin for different things. And because of the advantages it has.
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johnnyyash
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February 16, 2017, 10:29:25 AM |
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Of course yes, I still using even there is no movement of price for years. I would not hope that I could earn a bitcoin for only storing it. I earn investing and trading cause I know I really earn on that way. I also working hard by collecting bitcoin. And because the bitcoiners is convert his money to bitcoin not by just convert they convert for a reason.
I agree with u..will still be using Bitcoin even no movement in price...because I believe in Btc..I also generate more Btc through trading and investment and by collecting freely online....I love Bitcoin will use it forever...even if price changes..
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virusasog
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February 16, 2017, 10:43:13 AM |
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Of course yes, I still using even there is no movement of price for years. I would not hope that I could earn a bitcoin for only storing it. I earn investing and trading cause I know I really earn on that way. I also working hard by collecting bitcoin. And because the bitcoiners is convert his money to bitcoin not by just convert they convert for a reason.
I agree with u..will still be using Bitcoin even no movement in price...because I believe in Btc..I also generate more Btc through trading and investment and by collecting freely online....I love Bitcoin will use it forever...even if price changes.. First open see any price chart in Google search. You could able to see the price fluctuations for the passed years. If it is stable or not. Bitcoin is still using by my many people around the world and they make passive and main source income from bitcoin long years.
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LittleBitFunny
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February 16, 2017, 10:43:51 AM |
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Definitely, and I think that if the price was stable more services would start accepting Bitcoin as payment. It would also be a great way to keep your savings as most major currencies inflate over time.
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mornabo
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February 16, 2017, 11:24:52 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!
if the price is stable, the risk would indeed become smaller, because prices will not quickly change. but it will make speed in profits slowed. if you are not a trader. certainly it is not a problem dude?
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Blawpaw
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February 16, 2017, 11:44:07 AM |
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I guess that everyone who believes in this new technology is hoping that someday Bitcoin becomes stable. Sure, for now, all this volatility makes it great for trading. But if Bitcoin is to succeed as a currency it needs to become stable.
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Blitzboy
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February 16, 2017, 11:57:27 AM |
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I guess that everyone who believes in this new technology is hoping that someday Bitcoin becomes stable. Sure, for now, all this volatility makes it great for trading. But if Bitcoin is to succeed as a currency it needs to become stable.
Yeah, I guess so, although I love watching my balance go sky high after each time bitcoin fluctuates, being stable and less volatile will make bitcoin closer to the state of being a widely used currency. But I'm still getting some huge profit from bitcoin's fluctuation so its stability doesn't get my interest.
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machinek20
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February 16, 2017, 01:51:41 PM |
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I think I am still going to used it as curency and because the price is stable for years maybe i am not going to keep bitcoin as investment, and then i also cant used it for trading, so if bitcoin price is too stable i will find other coin to invest
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traderethereum
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February 16, 2017, 02:24:42 PM |
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I think I am still going to used it as curency and because the price is stable for years maybe i am not going to keep bitcoin as investment, and then i also cant used it for trading, so if bitcoin price is too stable i will find other coin to invest
i am still use bitcoin as my investment and will use it for trading also and i am sure if the price is stable, there is another time for bitcoin to getting increase for higher. i think its better to see the bitcoin price is change like now and we can make some profit because of the price.
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nkc007
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February 16, 2017, 02:48:53 PM |
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Yes, Of course. But to some extent. As investing would not be profitable at alll. so i will use another coin for investment purposes. but it will still be secure and safe way for transactions for me ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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AicecreaME
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February 16, 2017, 03:17:32 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?
EDIT: Poll added!
I would, stabling bitcoin in $900 is not that bad, it is better than to have nothing at all, it is still better to do signature campaign than surfing the net, posting on facebook with different pictures and videos, and got nothing in the end of the day, just wasted your time doing this stuff. So, I am 100% sure that many people will still use bitcoin even though its price will not goes up anymore like they are expecting to happen this year, but, on the positive side, let's just hope that bitcoin would PUMP and its price won't be immobilized forever.
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doomistake
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February 16, 2017, 03:34:29 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?
That's the trader's mind. Honestly, we have still the other way to trade behind using bitcoin for the general trade. I will still use it because there are a lot of the sources to trade. I will never leave it. A lot of the bitcoin's advantage have helped me a lot. Also because since we are holding our bitcoin for a very long time and waiting until its price goes up to something that it never hit before, that is why we are hoping that bitcoins price would fluctuate always in a good price, why? because of only one thing, to have PROFIT from it, not just profit, a huge PROFIT, for our patience to earn. But still, even though its price would just be stable for years in $900, I would still use it, $900 per bitcoin is not that bad compare to its price before, it is better to have something than to have nothing at all.
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Aamir1
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February 16, 2017, 03:39:00 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?
EDIT: Poll added!
Of course i will, as long as i can earn them. I have never bought any bitcoins with my own money but i have been earning them from start till now, and for me no matter if the price stays stable, it is not that i don't like it when it goes up but as i'm not buying bitcoins so it wont be a problem for me if it does not go up, but i should just have a way to earn them.
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severaldetails
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February 16, 2017, 03:39:23 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?
That's the trader's mind. Honestly, we have still the other way to trade behind using bitcoin for the general trade. I will still use it because there are a lot of the sources to trade. I will never leave it. A lot of the bitcoin's advantage have helped me a lot. Also because since we are holding our bitcoin for a very long time and waiting until its price goes up to something that it never hit before, that is why we are hoping that bitcoins price would fluctuate always in a good price, why? because of only one thing, to have PROFIT from it, not just profit, a huge PROFIT, for our patience to earn. But still, even though its price would just be stable for years in $900, I would still use it, $900 per bitcoin is not that bad compare to its price before, it is better to have something than to have nothing at all. I think there is more to bitcoin than just the possibility of a dramatic price increase. Anonymity is a big factor for many people. Or the possibility to send money without having a bank account. So for me there would still be reason to use bitcoin even if it is stable. Besides, a stable currency is better than one that loses in value.
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DeathAngel
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February 16, 2017, 03:40:14 PM |
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Well I HODL an amount of coins so yes, if the price was stable for a few years I'd probably think the price wasn't going to moon & I'd just spend them.
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Daniel91
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February 16, 2017, 03:48:58 PM |
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We are all different and we also have many reasons to use bitcoin. Some people buying bitcoin with hope to see price increase, in order to earn some quick profit. Some people need bitcoin for trade, gambling or investments. Others will use bitcoin in order to buy digital staff online, for example. For some of us, the most important thing regarding bitcoin is anonymity and safety. For others is possibility to earn some good money. So, personally, I will still use bitcoin even if price would be stable for years I don't like very strict rules from my local tax office and government regarding online income, so because of this I like bitcoin a lot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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