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Author Topic: Would you still use bitcoins if the price would be stable?  (Read 1744 times)
sharnel18
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March 10, 2018, 02:32:30 PM
 #21

I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).
Yes,of course we are using it for both even price is stable because its profitable and the way to our success,we are using it for its features as well, so i keep on using bitcoin until its existence.

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

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March 10, 2018, 02:35:43 PM
 #22

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
For now, I mainly use it as a way of making money. I still can't use it in daily transactions because it is not that usable yet in my country aside from money transfers. But YES, of course, I will still use bitcoin if its price will go stable. Our government does not recommend using bitcoin yet because of its price volatility, anyone can lose money in a matter of hours. But if it is now stable, maybe they'll change their mind and would suggest using it then.


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March 10, 2018, 02:37:39 PM
 #23

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

For me, it is both.

Bitcoin is a great currency to transact since I am using a wallet that let you send bitcoin to another wallet without any fees as long as you have the same wallet. I can send Bitcoin wherever that user is without having a problem on the fees and it is really fast.

It is a great financial tool since bitcoin is so volatile that even if you save them and let them stay there even for a minute, you can already see the change in the price.

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March 10, 2018, 02:38:18 PM
 #24

Yes i would still use it, especially when transacting money. Or for payments related doings. Cause using bitcoin as a way of payments is much more easier than doing the usual way. Usually when you send money to other relatives far away this is efficient and fastest way to send money.
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March 10, 2018, 02:45:50 PM
 #25

I am not concerned with bitcoin just for prices etc bitcoin is over all a good currency system which can be used for online buying and by this we can make online orders of softwares and other shipping facilities so it is good to use bitcoin for the future and if the prices stable then we will say that bitcoin volatility is minimized and it is also a good sign for bitcoin. I will still use bitcoin if the prices stable because things which i can do be only the help of online currency which is bitcoin so still it will be very useful for me.

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March 10, 2018, 02:53:29 PM
 #26

whatever the reason I would still like bitcoin and also some of the reasons I say that there are some things that exist because of people's anxiety over conventional currencies that experience turbulence during a world economic recession is uncertain. Now bitcoin is an alternative for those who do not trust governments, central banks, and third-party institutions to derive value from currencies.

 
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March 10, 2018, 02:59:35 PM
 #27

I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

I came to use bitcoin only because of its convenient features as it give me a high saving as the fees of transaction of it is very low and it is also a decentralized currency so we do not have fear that someone will block our wallet and will grab our hard earned money. While I came to use it for my convenient so in the same time I also earn some money because of the fluctuations in the price of it.

 
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March 10, 2018, 03:15:26 PM
 #28

In my country the government don`t give too much focus on online payment tools and also banks don`t invest on this things so pay pal and others are very hard to be used and if the btc price would be stable I would definitively use btc for payments .
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March 10, 2018, 03:20:36 PM
 #29

One of the reason why I use bitcoin is because we don't need to paid a tax. Like you have to travel to another country and exchange your money with thier curenccy. It easy to access bitcoin and even the price is not stable i will still use bitcoin. Even if it is volatile I will still use it, because if there is volatile there is an opportunity.
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March 10, 2018, 03:22:24 PM
 #30

I'm using my bitcoins for a certain service over the internet because I can't afford to have a credit or debit card. Since the service is only around 10usd monthly, bitcoin gave me less hassle. I don't need to have a bank account or register to any website like paypal to pay online. In terms of making profit, it is like an added bonus to my usage of bitcoin.

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March 10, 2018, 03:22:34 PM
 #31

For me it is currently potentially big on bitcoin, because for me the future of bitcoin is very promising for everyone, for how to easily earn more profit.
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March 10, 2018, 03:36:38 PM
 #32

In my country the government don`t give too much focus on online payment tools and also banks don`t invest on this things so pay pal and others are very hard to be used and if the btc price would be stable I would definitively use btc for payments .
Yes, bitcoin enable us to do things which our current fiat and currency can't. Even if the price become stable, many people will still be using it because when it comes to online transactions and payments, it is the most ideal way to use. Using bitcoin is much faster and more convenient for it doesn't have to be complicated when we are using cards and etc. When it comes to security, there is also no problem except for the part that we can't track the owner of the addresses we are going to send to.

I am pissed on how bank transactions can take days before completed and there are things needed to comply with unlike in bitcoin where we can fully utilize its use in our own choice and way.

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March 10, 2018, 04:18:41 PM
 #33

I don't care if the price of Bitcoin is unstable or dropping. I'm still going to use it. I don't use it based on its stability but due to the fact that using it online provides me privacy and security that debit/credit cards can't.
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March 10, 2018, 04:27:02 PM
 #34

I would use some other currencies cuz here we try to make money from nothing only from increasing and decreasing of price.
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March 10, 2018, 04:28:45 PM
 #35

Why not it is easy and fast to send crypto to someone anywhere in the world.
And no one will know about it. Great features.
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March 10, 2018, 04:35:06 PM
Last edit: March 10, 2018, 04:46:52 PM by Kingofbitcoin12345
 #36

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

Yes and Yes.. I would and still use bitcoin rather than going back to banking transactions.. I have this freedom of choice that I’ve been addicted with,, fiat is too much regulated from documentation and investigation for suspicious activity.. I would be a fool returning to the norms when blockchain technology is ready and available that is most advantageous to me..

I will stay even the last bitcoin user leave..

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March 10, 2018, 04:51:41 PM
 #37

I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform
It really depends on the platform that you are using to utilize your own bitcoin and altcoins wallets cause if your going to use online wallets and Exchanges mostly if they're following the protocol of the KYC policy, there's a chance that your account might get a block or get freeze, that will depend on the violation that you made. That feature that your talking about applies only to the wallets that provide a private key, seed phrase and other forms of wallet recovery.

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

I will go for the both of them but the number one reason is the nature of it, I can send and control my coins without tons of restriction and manipulation made by the banks and the government.
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March 10, 2018, 04:59:50 PM
 #38

Yes i would still use Bitcoin even if the price is stable, reason for me in using Bitcoin is to play poker and bet in sports , less hassle for me to play, no more driving to casino and i can do it whenever i am free and wherever i am.
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March 10, 2018, 05:04:45 PM
 #39

I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?



Bitcoin is still live after the many hacking.This is not a bitcoin fault,it's a security issue.If you have huge amount of Bitcoin in your wallet means,you have to take care of it by any security system.
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March 10, 2018, 05:23:54 PM
 #40

right. I would use bitcoin if its value does not change. Bitcoin will replace other currencies for payment. Bitcoin can replace cash for trading.
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