izanagi narukami
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February 16, 2017, 03:59:18 PM |
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As long as bitcoin able to keep it's higher value, I'm still interest to use it as bitcoin become my main currency for some of my shop that make easier for me to do some global transaction that cost less compare if I'm using fiat. As by now, bitcoin value keep higher mean that it will higher on the next few year
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Dr.Osh
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February 16, 2017, 04:09:06 PM |
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maybe there will be some people who benefited from bitcoin have a stable price. and of course people will still be using bitcoin although the price is stable over very long time. even when bitcoin have very low prices, there are still many people who use it. I can only say, that the true bitcoin users, will never leave bitcoin, simply because it is.
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lite
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February 16, 2017, 04:10:40 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 will use bitcoin even if the price is stable. bitcoin saves a lot of time and money. As long as bitcoin able to keep it's higher value, I'm still interest to use it as bitcoin become my main currency for some of my shop that make easier for me to do some global transaction that cost less compare if I'm using fiat. As by now, bitcoin value keep higher mean that it will higher on the next few year
Exactly!
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just_Alice
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February 16, 2017, 04:34:47 PM |
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I have voted YES. Why not? I don't trade in the sense of making profit from Bitcoin's volatility. I just like the fact that BTC is always rising in price and that's why it's a safe investment. Also if Bitcoin was more stable the adoption of it would rise causing the inevitable rise in price which would be good IMO.
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helloeverybody
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February 16, 2017, 05:13:57 PM |
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If the price remained stable i might actually use it, As it stands i dont want to use it and would rather use Fiat because im more likely to make money by holding bitcoin. Holding Fiat does me no favours so i get rid of that first. Saying that if btc did steady out for years then i dont know what actual use i would have for it thats not already available without bitcoin.
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richardsNY
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February 16, 2017, 05:32:57 PM |
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I must admit that I do like the volatility as it allows me to gain profits, but that doesn't mean I don't appreciate the stable periods. Stability gives people more incentive to actually start using Bitcoin as currency tool instead of only as an investment. It would give the average joe also far more confidence to finally hop over to Bitcoin as by that time the volatility won't be a concern anymore. Growth must come from these people after all.
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cramcram21
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February 16, 2017, 05:56:26 PM |
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Yeah I would still use it since I am only earning through it and I am not buying any bitcoin, So even if the price would be stable I wouldn't mind it.
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BingoDog
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February 16, 2017, 06:08:52 PM |
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I would use it and I.think that many other people would do also because bitcoin volatility is not the only thing people use bitcoins, not all are traders or earning with bitcoin in other ways but people are using bitcoins because of other advantages.
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malaj
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serjent05
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February 16, 2017, 06:33:33 PM |
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I would use it and I.think that many other people would do also because bitcoin volatility is not the only thing people use bitcoins, not all are traders or earning with bitcoin in other ways but people are using bitcoins because of other advantages.
I agree with you. Other people does not know how to take advantage of Bitcoin fluctuation but they are good at taking advantage of usage of Bitcoin. So basically those who are good at taking advantage of this usage are all for stability of Bitcoin price. I will be using Bitcoin because I will miss the purpose why Bitcoin is created if I do not use it to purchase stuff in the internet.
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Roboabhishek
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February 16, 2017, 08:21:21 PM |
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It all depends on the needs of a individual, If he feel like he has to keep the bitcoins and keep going then yes otherwise no ! However i will keep bitcoins in cold storage who knows what might happen.
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DoublerHunter
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February 16, 2017, 08:41:37 PM |
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Yes, I think i will still use bitcoin even if the price is stable and the volatility on its price is gone. I will still use it because i'm sure that if that kind of scenario will happen then there is a lot of stores even online or offline are accepting bitcoin, So i'm gonna use my bitcoin to buy the things that i want and spend it just like a normal money.
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Pab
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February 16, 2017, 08:45:44 PM |
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Sure if bitcoin price will remain stable for long time period more merchant will accept bitcoin,but if price will be stable for longer time more investors will like to own bitcoin and price will rise
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d5000
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February 16, 2017, 08:53:30 PM |
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At this moment, I'm using Bitcoin more when it's (relatively) stable because then it fits better most of my use cases. If volatility is high, there is more risk involved - even if the prices seems to go up steadily, because a trend reversal then often is not far away.
So obviously I'm voting for yes. And more: If Bitcoin wants to succeed it must be more stable. Otherwise it wouldn't work as a unit of account (basic money function).
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Winner
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February 17, 2017, 12:18:50 AM |
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I would use Bitcoin BTC if the price was the same for many years. The price doesn't really matter as long as it isn't at 0, it doesn't even matter what currency conversion as well.
Bitcoin is just a means of payment that could be used online and with a low transaction fee -a receiver could obtain the Bitcoin on any computer or even on their smartphone on the go. With the new technology releasing to the public for payment processing, these features of Bitcoin is looked as a BETA before the real thing is launched soon. Transaction speed is the major issue so there is many developers working on that.
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~V~
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February 17, 2017, 12:23:19 AM |
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I think so. Even if I was a trader, I would not see big problems in this, because when Bitcoin reaches great stability, the price still have variations, just as with fiat currencies.
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Zadicar
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February 17, 2017, 03:54:58 AM |
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I think so. Even if I was a trader, I would not see big problems in this, because when Bitcoin reaches great stability, the price still have variations, just as with fiat currencies.
It does still have variations even fiat currency does still have movement because speaking about stability it means it has fixed value and not tend to move in the long run. Forex is an example that currencies do really move its price how much more on bitcoin.
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Junko
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February 17, 2017, 05:29:47 AM |
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If bitcoin were stable for years, that would be even more of a good reason to use it, including as a store of value.
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ASHLIUSZ
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February 17, 2017, 06:37:36 AM |
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If bitcoin were stable for years, that would be even more of a good reason to use it, including as a store of value.
Yes its initial purpose retains as a store of value. People at the early days used bitcoin for gambling needs where gambling is banned for some reason. Now this has changed a lot as a high volume store of value. Possibly by the years to come the volatility might decrease but won't stick to a stable price for a long. If such a situation arises too, bitcoin will be used in some form.
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amitsati
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February 17, 2017, 06:45:11 AM |
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No I will not use it. I will invest in other coins as it would give profit
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jpoker272727
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February 18, 2017, 03:41:12 PM |
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People who buy bitcoin don't look very much at the bitcoin price because they are going to spend them so if the price increases a bit then it brings a little profit to them.
So the same would be if the bitcoin price would be stable for years because some making bitcoin transaction sometimes is much easier than dealing with fiat online.
Thank you...
That's not true that people who buy bitcoin don't look on it's price. i think exactly such factors as decentralization and high price play the main role for bitcoin's popularization. I would leave bitcoin in the case of low price and if the price would be high as today I would stay in this even if bitcoin would get stable. Mostly all people matter about the bitcoin price because they don't want to buy at a higher price and then see how they are losing their money. The current price is not bad and bitcoin can continue so and be alive and be used by a large number of people worldwide. Traders probably will move to ETH or to some other altcoins for profit but bitcoin will continue its journey.
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