richardsNY
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March 10, 2018, 11:21:16 PM |
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Now, its going to be hard to change this mentality and anyway I dont think this volatility of bitcoin will change very soon since it is profitable for a lot of people.
Bitcoin's market is largely still unregulated and too free to be considered a developed market. I think there will be a time where the current free market, will transform into something very similar to how the stock market gets supervised. In order to run an exchange, it has to abide by all the rules the SEC thinks are necessary, and that will include safety measures halting the market when it jumps up or down too quickly. If people think this won't happen, then have a look at the announcement of how the SEC has spoken out a few days ago. I don't see this as a negative happening, but rather something that in the long run will leave us with more capable exchanges, and less Yobit and HitBTC crap.
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Ranly123
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March 10, 2018, 11:28:29 PM |
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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?
Ofcourse, using bitcoin is not just for investment but also as a means of patments online. I would prefer to use bitcoin over some wallets online because it is easy to use and many online shops are already accepting it. Even with a stable price i would still prefer on using it due to its anonymity which differ it from other means of payments.
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Shenzou
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March 10, 2018, 11:33:43 PM |
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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?
Obviously a lot of poeple are here in for the moeny, and i can't blame them, ever since the price started going up people stopped spending and just holding it in pursuite for more moeny, but this not what bitcoin was created for, it was not created to be used like gold to just buyj and hold it, it is a cryptocurrency means its sould pourpouse is to be used for transaction between people, and we have completly changed that, if we want for bitcoin to go any further and be accepted it should have a stable price.
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kateycoin
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March 10, 2018, 11:47:04 PM |
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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?
If course I still use bitcoin or buy bitcoin even the price not stable. I use it because it's a financial tool making money all of us us using bitcoin to earn money. I believe in bitcoin so I will use it even the price is not stable.
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Kidmat
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March 10, 2018, 11:55:42 PM |
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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?
If course I still use bitcoin or buy bitcoin even the price not stable. I use it because it's a financial tool making money all of us us using bitcoin to earn money. I believe in bitcoin so I will use it even the price is not stable. Once the price may stable I will still used it for making payments and others. Also a tool for making money because bitcoin helping a lot of users. Since bitcoin is easy to use and easy to transact most loves it because of this advantages. Moreover, a users being not hypocrites to use bitcoin in price of not stable.
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curry101
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March 11, 2018, 01:35:10 AM |
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Yes, i will still use bitcoins. Theres some good effect if the price would be stable. Maybe many will use it if that happens and it is possible now to make bitcoin to be use as payment for salary and wages.
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Angi
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March 11, 2018, 03:29:42 AM |
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absolutely bitcoin is a financial tool of making money because if its not can people relay on it? no! if btc will not provide the all needs that we want people don't believe it because we all know that we wanted to be rich and have a lots of money that we can provide all of what we want.
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CongHoan
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March 11, 2018, 03:42:54 AM |
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exactly most of us use it bcz it's a financial tool of making money
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Jazvebtc18
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March 11, 2018, 04:07:32 AM |
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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?
Both with what you said. I am using bitcoin because it is secure and no third party in transactions. It is easy to transact in paying everything. I also use bitcoin because it give me extra income in investing and trading method. If the price of bitcoin will be stable, I will still use bitcoin.
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Palmholder
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March 11, 2018, 04:12:32 AM |
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I currently use bitcoin because of both reasons, I dont want to lie by saying that profit does not matter, I live in real world and want to maintain my life, I need income like all of us, however I do not trade bitcoin. If price will be stable I will be using it anyway, no doubt. I appreciate opportunities bitcoin provides, I really want to operate my funds by myself, I dont trust anyone, banks and government in particular
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onrise
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March 11, 2018, 04:12:39 AM |
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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?
If course I still use bitcoin or buy bitcoin even the price not stable. I use it because it's a financial tool making money all of us us using bitcoin to earn money. I believe in bitcoin so I will use it even the price is not stable. If the price becomes stable than mostly many business will turn accepting the btc as a payment mode as well. Thus for making transfer for any buying of goods/services can be done with btc as a payment. Higher the use in general day tot day will lead to higher demand from the consumer for this type of virtual currency.
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hotBriX001
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March 11, 2018, 04:24:11 AM |
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I would.
For developing countries bitcoin has many uses.
One of them is sending money abroad.
As our currency is very weak, and we have higher taxes than developed countries, it's very hard for us to travel to other countries.
If I travel for the U.S. , for example, I will pay about 6% taxes to convert BRL (Brazilian money) to USD, plus about to 5% spread (difference from the official USD/BRL exchange rates, because our banks just rob us).
With bitcoin I can just transfer my BTC to an exchange and sell them for USD, without paying those huge taxes and losign money on unfair exchange rates. Probably just exchange fees, something like 1-2%.
I can also use this method to make investments abroad. To buy stocks in another countries for example.
With lesser volatility bitcoin will also be accepted as payment method in many stores around the world. Our volatility is already lower than it was before, few years ago.
Agreed in your line. This is helpful when going abroad that bitcoin were accepted to pay good stocks. Using of bitcoin is an advantage even the price is at stable stage because stability means it is in good position.
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CHENIEN
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March 11, 2018, 04:30:44 AM |
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It depends on what level of stable price, if you say the price stable is on the higher level, then of course I will better still use bitcoin, but if the stable price is at the bottom line, I will better find for another one instead of bitcoin.
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maculeth
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March 11, 2018, 04:33:30 AM |
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I will still use it, but only as a transaction tool only. because if the price is stable, certainly many online transactions that use bitcoin. but not for investment, a stable price for an investment is not something that is profitable.
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unneros
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March 11, 2018, 04:34:39 AM |
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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'm a Bitcoin fan, and now most of the pennies in the market are down, but I still believe in Bitcoin, when Bitcoin prices are stable, I will continue to participate in Bitcoin because of it. Has a strong development background.
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spyerf
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March 11, 2018, 04:36:51 AM |
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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?
For now it is true, I use it as a profitable investment. and will still use it even though its value is stable, because bitcoin is still easier to carry and use than gold. So if it is like that I do not have to fear losing my money.
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Polipog
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March 11, 2018, 04:51:18 AM |
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Many reason why a lots of people accessed and used bitcoin, actually it is a business that has proven and tasted of being an instruments of making money. However if price of bitcoin become stable, the answer is only a form of speculations, because no one can prove that bitcoin price in the future become stable. If we based for the past years of bitcoin operations, not even once that bitcoin price become stable.
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Alalex
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March 11, 2018, 05:01:12 AM |
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Yes, definitely I keep bitcoin as an alternative to digital coin exchange.
What else if true bitcoin price goes up I will instantly ensure bitcoin price in digital coin money market, just to ensure the price of coin cripto money before I start for new plan.
If it is true that the rise in the price of bitcoin money or other types of cripto money, I will process my cash.
I will exchange money with bitcoin or coin ETH and other types of coin cripto money.
So that I get a decent result of this digital coin money.
That's what I would do if it was true that the coin cripto money was certain, the opportunity would be to me happily and eagerly to make a new move.
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Jas18
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March 11, 2018, 05:36:11 AM |
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Yes, definitely I keep bitcoin as an alternative to digital coin exchange.
What else if true bitcoin price goes up I will instantly ensure bitcoin price in digital coin money market, just to ensure the price of coin cripto money before I start for new plan.
If it is true that the rise in the price of bitcoin money or other types of cripto money, I will process my cash.
I will exchange money with bitcoin or coin ETH and other types of coin cripto money.
So that I get a decent result of this digital coin money.
That's what I would do if it was true that the coin cripto money was certain, the opportunity would be to me happily and eagerly to make a new move.
For me if bitcoins price would be stable i will still use it. That, if its better to use than any other currency, i am positive about bitcoin but talking about its stability i think it would be many years from now. I could not say that bitcoin will lasts because we do not know if there are also alternative technology and would take the place of bitcoin. However, if people will just continue to support maybe no other currency that would beat bitcoin in the future.
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Marshhill
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March 11, 2018, 06:57:13 AM |
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it just takes a couple of moments the cash will get to the objective. Be that as it may, the issue with bitcoin is a moderate and costly exchange process can make clients change to be utilized as a wellspring of pay upheld by an unstable cost. In the event that this occurs later on, at that point it isn't unthinkable virtual money will turn into a misguided judgment, from the methods for installment to be a wellspring of salary.
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