If you knew Bitcoin would never change in value, would you buy it?

[kevoh]

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,I would buy it. Actually, I always wish for the price of bitcoin to remain stable so that I can easily pay for goods and services and also get paid for doing some online jobs, just the way it was for me in the final quarter of 2016 before the value started skyrocketing by 2017. Now it's becoming more difficult to transact with bitcoin as I used to due to congested network caused by backlog of unconfirmed transactions and also high transaction fee.

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[Malamok101]

yes, because today the price of bitcoin is high so it's hard to buy here and bitcoin does not pay too much because its price is too high, because I just dropped its price by buying it at its high price you can get lost and you do not have to earn in bitcoin, but I think that's normal just because lots of bitcoins are buying and there are so many users here so the price is high.

[WhichIsGood]

Everyone seems to forget the real reason why Bitcoin was created. I would still buy it as long as bitcoin can serve its purpose as a decentralized, peer-to-peer system of digital currency. Although transaction fees and confirmations are a bit of a problem right now, if we apply that bitcoin's value will never change, then there shouldn't be a problem.

[hashrateorg]

I would because it is nice to have a form of money that you control. I think it would be popular even if stable but it would take a lot longer to be adopted. The greed in this market is insane at the moment and driving the price.

[The_prodigy]

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 it ever was guaranteed that bitcoins price would never change hen I guess wverybody would jump ship and economies integrate this currency and people can use this digitized cryptocurrency to buy and trade and be part of heir normal lives

[Crypto Wealth]

YES! However your point about the price stabilizing to be a currency is largely true however, ALL currencies do have some fluctuation in price to each other. I have done international business and I can tell you the fluctuations are extremely apparent when you do international transactions between two stable countries' currency.

Also your ponzi argument is flawed by the way. Who sets the price to the USD or the EURO and who sets the price to gold? By your definition all of those are ponzi's especially gold. Think about it do people buy gold waiting for the price to go up. Who causes the price to go up? Other buyer's right?

This can be said about the stock market too. Who says a certain stock is worth XXXX amount of dollars per share. How does that price get set? What do you get for that price? I'll tell you. You get proxy ownership of a company but if they don't pay a dividend all you have left is proxy ownership that will never give you anything unless you sell it to someone else who was willing to pay more than you paid.

Crazy world if you think about it.

[alex_mercer]

Yes, because regardless of Bitcoin changing its value, we know that the future of all fiat currencies is to go down.

Btw, that condition by itself implies that Bitcoin will continue to go up.

Good point. How can Bitcoin not change its value when all fiat currencies are losing value? You will need more fiat do buy Bitcoin as time passes...

[Pleione527]

Of course no investor will ever buy an asset that they know will never appreciate because they can never generate profit from it. But since crypto currencies or any of them will be having a fluctuating value as it is their natute and majority appreciate through time buying and holding is something that will help many people to earn weĺl.

[aaron2024]

You miss the key points of Bitcoin. Well, it's never too late to learn:

• Censorship Resistant Transactions;
• Permissionless Value Transfer;
• Borderless Value Transfer.

Very concise. That's exactly what Bitcoin is supposed to do, and so far it has fulfilled its functions very well.

Unfortunately, only 5% of newbies get it, and the percentage of those who grasp the implications of it is even smaller.

[btcprospecter]

As an investment people will slowly stop buying like we see today but it will be used more as a currency for daily payments and purchases. The dollar does not have a high volatility but it is still invested in and used all around the world.

[nikjain422]

No matter how much we deny that bitcoin is not exactly made for trading,It is for P2P transaction only.It should be use to buy goods as a normal currency.But it is not the case.Everyone who is investing their hard earn USD or any fiat to buy bitcoin are thinking that they will get a good return,If the prices would not change or if people get to know that prices will go down who will make loss.If they are losing what they have given also,how can even they use it as a currency.Because ultimately what matter is profit irrespective of its use.It's on people what they want to do we can't control that and i don't think there is any harm to bitcoin if people buy them in hope of getting more when they sell.

[COINISM0001]

I don't care about the price. Bitcoin is so much more its a whole new system that the whole world will use as a payment method in a few years.
so my answer is yes i would still buy it since i want to support this new system.

thats totally true

[NeuroticFish]

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.

Your statements are incomplete. You say in title about value and then you say about the price.
If the value would stay the same most smart people would invest in Bitcoin. Because fiat decreases in value over time, including the Dollar, so Bitcoin would mean the best means for safe keeping.
Even with keeping the price and not the value would mean a good place to hide money, to store money for the kids, to transfer big amounts of money fast and cheap, to avoid embargo and so on. So... many have reasons to buy Bitcoin as long as it doesn't fall.
You need some imagination, but Bitcoin is way more useful than just a speculative vehicle to hope to get rich.

[Vannie12]

Of course I would buy. This is a technological investment and on day it will be used everyday just like when cellphones are first released, cheap to expensive but it is the modern face of communication and social media.
The volality it just one of the reasons why it is exciting to use. We should not worry about bitcoin going to Zero because it will not happen. As long as there are companies investing in bitcoin, there will be a value. And we should keep expecting increases because we are gaining support by now and why not hop in.
If the prices get stable then much better. Sure value with no worries. It is still a mode of payment and fast transactions. You are in control of your money and savings.

[TheButterZone]

If the fiat/BTC value went up to the all-time-high and THEN never changed again, I would buy/accept BTC after that.

If the fiat/BTC value was fixed permanently right now, any BTC I have now would have to be sold/spent at a loss.

[Chris314]

Yes, because I hope bitcoin will be more and more used in the future. The fact it's not losing value is a guarantee, because money we use everyday loses its value with inflation : you have to spend more now than a year or five years agoto buy the same things.

[hadveach]

yes, I will not buy it, because today's price is too expensive. unless the bitcoin price drops to a point of $ 6000, I will buy it. but it is not possible.
what I do today is collect a little money to buy a bit of bitcoin. slowly but surely.

[yangjun1991]

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.

[gidaahmad]

If Bitcoin Value does not change maybe I will not buy it. And maybe investing against Bitcoin will not be as much now. Because our goal is to profit from the fluctuations of Bitcoin prices. And it is not interesting if the price of Bitcoin does not change.

[poomwon]

Yes,If the price of Bitcoin did not change,it has a fixed value,It is suitable as a fixed currency, with good hedging.