|
negamus
|
 |
December 20, 2017, 05:35:29 PM |
|
In fact if bitcoin would be stable or no volatile it would be more used by banks and all other companies because you have a fixed price, it could work as the US value only that digital.
That is why USDT was created for, but it is impossible to use it because it has been manipulated a lot by just one company, bitfinex.
|
|
|
|
|
|
|
|
|
|
|
|
|
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
mlgblockchain
Jr. Member
 Offline
Activity: 135
Merit: 1
|
|
December 20, 2017, 05:35:58 PM |
|
Yes your guess is exactly right. I'm not gonna buy it if the price or the value would never change. If you use the word "stable" then my answer would be Yes. The value of every currency changes every day. If it doesn't then it's a dead currency. This changes does not mean they are unstable. They changes every single day but they are a stable currency. So, if the value of the bitcoin become stable then I would still buy it.
|
|
|
|
|
Owl_Fintech
Jr. Member
Offline
Activity: 55
Merit: 10
Byteball.org - airdropped high-end cryptocurrency
|
|
December 20, 2017, 05:36:57 PM |
|
You miss the key points of Bitcoin. Well, it's never too late to learn: - Censorship Resistant Transactions;
- Permissionless Value Transfer;
- Borderless Value Transfer.
|
⚪ Byteball (https://byteball.org/) ❱❱❱ I T J U S T W O R K S . ❱❱❱
Sending Crypto to Email - Risk-Free Conditional Smart Payments - ICO Platform with KYC
ANN THREAD (https://bitcointalk.org/index.php?topic=1608859.0) TELEGRAM (https://t.me/byteball) TWITTER (https://twitter.com/ByteballOrg) MEDIUM (https://medium.com/byteball) SLACK (https://slack.byteball.org/) REDDIT (https://www.reddit.com/r/ByteBall/) |
|
|
|
0t3p0t
|
|
December 20, 2017, 05:38:25 PM |
|
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
Yes of course. These days, buying it as a currency is not a big deal but in terms of investment Bitcoin still has advantages due to it's characteristics of being a decentralized currency even if we will compare it in the sense of being like a stable digital currency unlike today which is Bitcoin which is the most volatile digital money. Through it Bitcoin still has a bright future as an online investment asset. People will be more interested in it in terms of security and privacy. |
|
|
|
|
wantjokull
|
|
December 20, 2017, 05:41:35 PM |
|
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
I think the answer is no only and to be honest if the price would have stayed as it is today then nothing could have moved really. I mean no body would have bough it so price would have been ultimately dropped to something may be few dollars or kind of. No it won't be called as Ponzi schemes because the Ponzi is stuff where actual project is shown to be in working mode but when we make investment into it and when they don't pay us back then that called as Ponzi. I think many people are buying it because of its good development and strategy of future and half of them are there to grab the profits as you said. |
|
|
|
daduremi
Jr. Member
Offline
Activity: 252
Merit: 9
|
|
December 20, 2017, 05:52:40 PM |
|
Of course  if I have enough money. Currently the bitcoin price is very high and I do not have enough savings to buy it. |
|
|
|
|
|
JL421
|
|
December 20, 2017, 06:00:42 PM |
|
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
Mostly not, as there are many investments that have a good value which are also not affected by such fluctuations as bitcoin does and can be traded more easily with laymen in general. If it is had a bit more support back then I would have considered buying a small amount. |
|
|
|
|
|
Marry Finch
|
|
December 20, 2017, 06:21:38 PM |
|
If I know that the bitcoin price will not change and will be constant, then there will be no reason to buy it for the expectation of profit due to the growth of its value. It is this bitcoin property that makes it now attractive for investment.
In this case, bitcoin can be used simply as a means of payment. However, now it is unprofitable to use bitkoyn purely as a payment instrument. Infrastructure for this is not yet developed, few people take bitkoyn as payment. In addition, there are certain difficulties with bitcoin transactions. Considering all this, in that case there will be no sense in buying and using bitcomun.
|
|
|
|
|
|
canvan
|
|
December 20, 2017, 06:24:32 PM |
|
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
It is currently unusable as a currency for ordinary purchases, with the high fees you need to be spending a lot to make it even remotely worthwhile. So yes my answer is no, I'm buying bitcoin for its future value and possibly for its utility if it improves in the future, but I am more bullish on altcoins which actually do something useful. |
|
|
|
|
|
tikaka
|
|
December 20, 2017, 06:25:32 PM |
|
If its value does not oscillate and hold a steady value I would not invest in it. My goal is to rely on oscillation. bitcoin for profit.
|
|
|
|
dothebeats
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
|
|
December 20, 2017, 06:46:27 PM |
|
Probably yes, given that I'm trying my very best to avoid placing my money in the banks and bitcoin is the only solution for me to be able to control all my funds without having any questions asked. The notion that bitcoin is just a ponzi scheme has been around for ages, however they fail to realize that there is no central operator for bitcoin that pays out older investors; it's just that people are agreeing about the price that's why they're buying it, and isn't that the same thing going to USD? It isn't even backed by gold anymore, and the people all over the globe are just agreeing that it has some form of value because the government says so..
Oh and btw, there are some traits that bitcoin has that fiat doesn't. You need to read more about that in order to answer your question as well.
|
.
.HUGE. | | | | | | █▀▀▀▀
█
█
█
█
█
█
█
█
█
█
█
█▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINO & SPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█
█
█
█
█
█
█
█
█
█
█
█
▄▄▄▄█ | | |
|
|
|
|
JimmieA
|
|
December 20, 2017, 06:47:12 PM |
|
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
If the btc price keeps unchanged, it does not decrease then the buyers of it are definitely just those who need to use btc exchange for daily payment needs. Traders will probably move from btc investment to other altcoins, such as ETH or LTC, etc. |
|
|
|
|
dewi91
|
|
December 20, 2017, 06:52:49 PM |
|
yes.. the people will not buying bitcoin if bitcoin price is stable.. the people interest about bitcoin because the price is unstable, in my opinion because bitcoin is decentralization, bitcoin price will never stable, every day there is always an increase or decrease in price..
|
|
|
|
|
|
Hobo66
|
|
December 20, 2017, 06:57:21 PM |
|
I would buy bitcoin still no matter if the price valued was at a fixed rate,
bitcoin is fun to use as virtual money. If bitcoin price was never to be change,
with my earning methods I would profit from bitcoin the same way i'm doing now,
allot of investors would not pay bitcoin any attention if the price was at a stable rate.
|
|
|
|
Rotellian
Newbie
Offline
Activity: 12
Merit: 0
|
|
December 20, 2017, 07:16:38 PM |
|
If it was stable then I would buy it yes. It would be a great alternative to having what little I do have eroded away by inflation and at risk of theft via bail ins. In fact I would actually prefer that it was stable.
|
|
|
|
|
|
Dxdiax26
|
|
December 20, 2017, 07:17:25 PM |
|
In my opinion, bitcoin prices will have movement in early 2018 but if bitcoin prices will still exist, I will still buy bitcoin if we look at the circumstances other countries currently have legalized bitcoin for the sale of goods in the country with bitcoin such as japan. so the future of bitcoin is likely to be many legalized countries for digital payment methods that will be used worldwide so I will still buy it even if the price is fixed because I want to support the payment method using bitcoin in the future.
|
|
|
|
|
flatnose101
Member
Offline
Activity: 102
Merit: 10
|
|
December 20, 2017, 07:20:52 PM |
|
The price volatility of Bitcoin is encouraging so many investors to buy this crypto currency with the hope that its price will go to the moon in the future. If BTC have a stable price so many investors will avoid buying it because they have already many doubts about digital currencies generally.
this is was a exactly that may happen if bitcoin price will be stable of course a lot of people may not be interested to buy bitcoin for, cause the purpose of why we are keep on buying bitcoin cause we see the price are moving and what we already will know about it is the way wherein we all know that we can a have a profit with it. |
|
|
|
|
lotto-fan
Member
Offline
Activity: 137
Merit: 11
|
|
December 20, 2017, 07:22:32 PM |
|
lol if I knew bitcoin will never change value, of course I won't buy it, lol, I am not stupid.
|
|
|
|
|
|
jokerlu
|
|
December 20, 2017, 07:25:12 PM |
|
It is a refuge of value, it has an intrinsic value that does not have the fiat money that they simply print it, besides they are only 21 million coins and of which 3 million were lost, in some future when the majority of the people buy or know them surely it will behave like currency, but analyzing decentralized markets nothing can have a fixed value, the value is given by the market.
|
|
|
|
|
|
cosmoo
|
|
December 20, 2017, 07:25:35 PM |
|
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
I would buy it to change it to another cryptocurrency. Most people know just about Bitcoin, not about Ethereum, Wings, Waves. |
|
|
|
|
|
