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Author Topic: Would you still use bitcoins if the price would be stable?  (Read 2054 times)
OuterTech
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March 11, 2018, 11:34:56 PM
 #101

It is true that people now use Bitcoin just like gold, not currency. They will hold Bitcoin and wait until the exchange rate rises to sell for profit. If there is a stable day for cryptocurrencies, then I would be delighted to use Bitcoin as well as altcoin as a currency for daily trading.

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March 11, 2018, 11:46:53 PM
 #102

Well, right now? I am using Bitcoin because I can earn from fluctuation and volatility.
But I believe in Bitcoin and I believe it will replace Dollar and and all other known currenies. It is a safe way to make payments.
You can send or recieve money from home and without paying any taxes.
Fastest way to transfer money everywhere and used for payment more convenient. Could not collect bitcoin for taxes but we paid every transactions that we are doing where they are the one who pay for us. We are not directly paying but we can contribute for the payment for the economy.

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IntuitiveCoins
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March 11, 2018, 11:59:44 PM
 #103

At this point it's too volatile to be strictly be used as a simple payment system. So I imagine that every one who buys it is hoping for the price to go up.
arthur25
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March 12, 2018, 12:33:17 AM
 #104

If that would be the case then it could be so different in that day. Ofcourse it can be make with betterness development to satisfy the world standard. Stable price is applicable in the situation that everything will not change.
Dheo
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March 12, 2018, 12:54:24 AM
 #105

Yes. I'll still use bitcoin even the price of it become stable, look how we easily use it, just using our mobile phone we can buy something we want to the store accept bitcoin as payment and we also buy other bills without any hassle.
pureclckr
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March 12, 2018, 08:53:19 AM
 #106

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.
Getting a stable market value is very much impossible for bitcoin to have as it is more or less having a volatile nature as the market price keeps on changing most of the time. However, in case this thing ever happens, then there will be likely chances that most of the investors will stop investing or buying more coins as it will exactly be the case which has happened with gold few years ago.
dammang
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March 12, 2018, 10:04:57 AM
 #107

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?

yes i would,because bitcoin is a good source of income,it gives money in a easy way,there's a lot of benefits we can get in bitcoin,we can earn thru the help of bitcoin so i would stay in bitcoin.

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Freddie Aguiluz
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March 12, 2018, 10:47:42 AM
 #108

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?


Yes, because I don't buy bitcoin, I earn it, its like a salary to me and I benefit on it, so for me I will still continue on working to earn bitcoin, I will still use it as a currency to earn money, I can also use many different coins, but depending on its value, if I can see that it will not end up well, then I will not buy that coin.
Masongrae
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March 12, 2018, 02:09:27 PM
 #109

Yes, simple because it is easy and fast to transact when it comes to payment, or to send and receive money, it is convinient to use and there is no tax to pay for.

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March 12, 2018, 03:17:48 PM
Last edit: March 13, 2018, 02:43:10 AM by eelectrick
 #110

Yes I too would still use it, it's a proven reliability. At first people subjectively were concern with a stable price, they fear the idea
maybe because it might be cheaper then or have higher transaction fees just like how money remittance is perceived. But stable prices
does come with advantages, it's an effective money payment system that can serve people miles apart. With stable prices it
can also be used as a salary payment system for employees.
nguyenkhanhhung14
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March 12, 2018, 03:35:52 PM
 #111

I think it'll keep using Bitcoin although its price is stable all the time as long as it still has high value like at the moment Smiley)). Nobody will use Bitcoin anymore only when Bitcoin price dump to 0 but it'll never happen I think. When Bitcoin price stable, it'll be much easier for Bitcoin to be able to be legalized worldwide. For now, Bitcoin is not legalized in any country cause its price is not stable Smiley)

YinShuiSiYuan
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March 12, 2018, 04:46:20 PM
 #112

I think that a stable bitcoin price can have a good impact on the payment system. This will increase the number of places accepting bitcoins because the price will not fluctuate significantly.

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anthinguy21
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March 12, 2018, 05:17:57 PM
 #113

Of course as long as Bitcoin still has high value like at the moment. But I think it's just a theory cause to stabilize Bitcoin price it's not easy or I could say that it's almost impossible cause. Cryptocurrency is the most difficult thing to predict and Bitcoin, the king of this world, is also the same, we don't know if Bitcoin price will stable in the future or not but I hope it'll be cause it'll help Bitcoin can be legalized worldwide.

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March 12, 2018, 05:26:40 PM
 #114

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 am sure more people will stop investing into bitcoin if it was like any other normal currency and it's value does goes up but i am sure that there will be a few who will stick around just because it is anonymous and decentralized.
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March 12, 2018, 09:28:39 PM
 #115

I started using Bitcoin because I believe it can replace traditional currencies and because of its features which give more freedom to the user and he can run his own bank.
That doesn't mean that I am not happy because of the money I am earning from it Smiley

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March 12, 2018, 09:47:58 PM
 #116

It is true that people now use Bitcoin just like gold, not currency. They will hold Bitcoin and wait until the exchange rate rises to sell for profit. If there is a stable day for cryptocurrencies, then I would be delighted to use Bitcoin as well as altcoin as a currency for daily trading.

Stable Bitcoin would also mean possible implementation of it into the world economy. It would serve as a regular buying decentralized currency when the stability would be achieved. To achieve this state Bitcoin would have to rise in value and a lot more of the drops and rises would need to happen. Some of the investors are currently satisfied with this current situation of fluctuation because it is benefiting them in the profit gain. This situation won't last forever and those smart enough that are on the market right now are gathering and holding their Bitcoins for the future uses.

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March 12, 2018, 11:01:28 PM
 #117

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, because if you already making money with bitcoin, the only way to farm your profit is to transfer is by using the system. Also because of security, you rest assure that you will get it propertly and fast.

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March 13, 2018, 12:54:23 PM
 #118

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
as i've heard in people who are a bitcoin lover,of course i love too,even if the price of bitcoin will be high and low i always be here to use bitcoin and i will always earn a lot of bitcoin because i have a patience in life i can wait for the price will be good as ever.
plasmafrog75
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March 13, 2018, 12:58:30 PM
 #119

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?

Nowadays, many investors have withdrawn from Bitcoin when they see the market dropping a lot. Besides, many investors keep their bitcoin, and I am one of them, I continue Bitcoin despite being in the market. In developed countries, there are often investors who raise Bitcoin.
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March 13, 2018, 01:07:23 PM
 #120

yes I will but only probably to store my savings, for more I think it will not work that maybe it will be a substitute for something like that
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