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Author Topic: Would you still use bitcoins if the price would be stable?  (Read 2008 times)
decoder88
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March 20, 2018, 05:11:19 PM
 #201

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.
Yes i guess i would still use bitcoins if ever the price would be stable because it will still be convenient for me. Because i could use that stable income from ot to be able to invest into other business. And what i liked about bitcoin is not only the price but also how the transactions are here. Only you can manipulize your transactions.
MMS2017
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March 20, 2018, 05:25:48 PM
 #202

Yes i would like to use bitcoin if the prices are stable in that time bitcoin will still popular and famous and this will live in the people hearts bitcoin for this time facing the problem of price fall in the new year and the price were good in the last year and soon the people will use this currency to become the crypto trader and the crypto investors are happy in this than they if invest their amount in banks or insurance company. Bitcoin and altcoin are buying now a days with a high rate and still the price will go up.

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March 20, 2018, 05:32:47 PM
 #203

I would be happy to use bitcoin even if the price would be stable because that is a peace of mind for me and i don't need to worry for the fast price changes in the market because all i need to do is to just stick my attention to bitcoin since the price is not a problem for me so i can just work hard and earn more money without having a high risk of losing profits.
when bitcoin prices become stable, I think that will cause some good effects. of course I keep using it, because bitcoin gives me a considerable advantage of the business I run. so it does not matter if the price is stable
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March 20, 2018, 10:11:06 PM
 #204

Bitcoin can never be stable because it is not being controlled by anyone or any organization. Its price is controlled by everyone who is holding bitcoin. Therefore, the situation which bitcoin has a stable price can not happen even in a far future. Therefore, I will never waste my time thinking about this issue

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iMark
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March 21, 2018, 04:04:40 AM
 #205

I would be happy to use bitcoin even if the price would be stable because that is a peace of mind for me and i don't need to worry for the fast price changes in the market because all i need to do is to just stick my attention to bitcoin since the price is not a problem for me so i can just work hard and earn more money without having a high risk of losing profits.
I'm guessing you earn bitcoin instead of trading? because some traders will surely prefer fluctuating prices or fast-moving prices, because with it can give big profit in a short time, whereas when the price becomes stable of course big profits in a short time will be difficult to obtain, if you use other methods to get bitcoin, surely the stable price will not be too influential to you right?
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March 21, 2018, 04:21:18 AM
 #206

Yes I will still use bitcoin when the price is stable. Just like gold even though the price is stable there are many people who like it because its nature while bitcoin in like because its system is peer to peer, decentralized and secure. I will continue to work hard to collect bitcoin.Bitcoin is digital gold I believe the future bitcoin will continue to grow.

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March 21, 2018, 04:45:22 AM
 #207

Well I started using bitcoin for sending money in my relatives abroad at first, I dont have idea yet that it can be use as an investment but currently my reason for using it now is both. I need to use this virtual currency for sending money and because of the fact it can generate you income.

Thus if the value become stable I will still continue to use it because of the advantage and less hassle for sending money abroad without giving too much time like when you are in remmitance center.

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March 21, 2018, 04:46:15 AM
 #208

It is pretty much impossible for bitcoin to be stable in terms of its value since its value is greatly affected by its supply and demand and some other factors. However, if ever such event happens, i would still use bitcoin since its technology defintely offers security, comfort, and convenience.

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March 21, 2018, 05:54:13 AM
 #209

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 would probably still use bitcoin, but most are for transactions or trading because what would I use the bitcoin that I have for. But, I would most likely not invest on it anymore because the reason that I invest on bitcoin is because it is volatile. Now, if it's main function is not the same anymore then I would probably look for a different coin that has the same function.
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March 21, 2018, 06:02:10 AM
 #210

It is better to invest in bitcoin if there will be stability of the price. it will give you a good income at the end.
prtty2gal2
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March 21, 2018, 11:26:53 AM
 #211

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 pretty much still would because I wouldn't have any use for the bitcoin that I currently have. Although, investing on it again would be irrelevant because of the fact that bitcoin is not volatile anymore. If it's value would be consistent then people would look for a different coin where they can invest on because of it's volatility and potentially earn money.
I wasn’t agreed to this stamen but now yes somehow this is becoming truth. People are losing interest in bitcoins because since the development of bitcoins and since we are in bitcoins like 2 or 3 years ago. Continuously we are listening from everyone that bitcoins come back to their original position once the dip is over. But this dip is not even ending. People start looking for some other coins.
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March 21, 2018, 01:27:26 PM
 #212

Of course yes, I think there are many people that will buy a bitcoin if its become stable, because it is usable in making more faster transactions and can be use also in security in your investment, it will lessen also the loss of investments, because fluctuating process will never happen, but it depends on how high the value to be stable, because if its affordable by many people then its good,  but if not maybe richer people only would buy bitcoin.

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March 22, 2018, 06:45:46 AM
 #213

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 use Bitcoin as an easy-to-access financial transaction tool, but bitcoin also brings me many benefits such as getting a number of benefits. I would probably say that Bitcoin is a penomenal in the world's financial system right now, I can confirm that more people who invest on Bitcoin than use it as a currency. That is a reasonable thing indeed because currently the infrastructure is not adequate in some areas, we need a computer / smartphone and internet access to be able to conduct transactions. Slow but sure, when in the future all the facilities are met then the use of Bitcoin will increase and this could be a way to get to Bitcoin that can be used by more people in the world.
You’re not the only one that makes use of Bitcoin as a tool transaction, I’m also using it as the same thing and that was even the main reason why I got into Bitcoin before I even discovered that you can use it as a form of investment. So if it happens to be stable, then I wouldn’t even bother at all, cause there are also other means of earning through Bitcoin just like trading.

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March 22, 2018, 07:18:25 AM
 #214

My goal is to use Bitcoin because Bitcoin is very profitable if used as an investment asset. Because the benefits of Bitcoin are really big. Then if the price of Bitcoin becomes stable, then what else is the advantage of Bitcoin? Perhaps other advantages are just easy to use in the transaction tool. But if the Bitcoin price stabilizes, I think I will not use it again.
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March 22, 2018, 07:27:28 AM
 #215

Definately yes, I would still use it, Once the price become stable it means it will be world wide accepted and therefore the use of bitcoin increases. Perhaps, you can now your bitcoin anywhere like purchasing items you daily need in your living.
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March 22, 2018, 08:33:09 AM
 #216

If bitcoin was more stable the acceptance by merchants would be greater i believe,
This would mean that we would have a bigger choice of where to spend our crypto.
Also if the orice was more stable there would be less hodling.
A good balance would be to mix hodling with spending.

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March 22, 2018, 08:40:20 AM
 #217

I believe that more people are now looking to the volatility of bitcoin to invest in bitcoins because they find it profitable.

If the price of bitcoin is stable, more people will use it, not speculators, but people who actually use it.
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March 22, 2018, 08:43:23 AM
 #218

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?

what do you mean ? bitcoin will become stable? i think it wont happent anymore because  bitcoin is an investment asset  you can trade it so the value of bitcoin will never become stable but if it happen yes i will use this because this is very nice and fast to use for example is to pay some bills just thorugh online with no feees and you can send money to others easily and so fast.
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March 22, 2018, 10:23:46 AM
 #219

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?

what do you mean ? bitcoin will become stable? i think it wont happent anymore because  bitcoin is an investment asset  you can trade it so the value of bitcoin will never become stable but if it happen yes i will use this because this is very nice and fast to use for example is to pay some bills just thorugh online with no feees and you can send money to others easily and so fast.

If the last satoshi is mined, then i think we'll see the price stabilize to a certain value. Then that's the time when bitcoin would probably be used for what it's meant to be. You're right about btc being an asset at this point since it's hardly any use transactionally if it's extremely u stable.

 
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March 22, 2018, 10:31:50 AM
 #220

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 don’t really know, but one thing for sure is that if we are hundred, about fifty people or more will drop from Bitcoin. If you ask me, my answer is a YES, I will continue to make use of Bitcoin, but that doesn’t mean I won’t be considering the situation of the market, cause any single mistake I make will lead to loss which I wouldn’t like to take.
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