19spawnfeed
Jr. Member
Offline
Activity: 182
Merit: 4
|
|
March 22, 2018, 02:34:06 PM |
|
Does the stability of price matters when you use it as a payment way? No because you can exchange it immediately. It's unstable price is best for traders because they make good profit with it. Stable price can even increase number of bitcoin's users but let's leave it like it is because it's great in this way.
Im still using bitcoin even the price are stable because of the security of our money, the benefits coming from bitcoin and even the price of bitcoin is low we can still earned money to support our financial problem. Bitcoin is my source of income and there's no reason I stop using bitcoin. A lot people are now rich because of bitcoin and I hope I'm one of them and bitcoin is the key for my dreams.
|
|
|
|
isetter
Newbie
Offline
Activity: 112
Merit: 0
|
|
March 22, 2018, 02:37:37 PM |
|
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 still hope that the price of bitcoin will gradually become stable. I will not need to see the price of bitcoin every day
|
|
|
|
waywethe
Newbie
Offline
Activity: 112
Merit: 0
|
|
March 22, 2018, 02:38:36 PM |
|
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 bitcoin is stable, I think bitcoin will be like gold and I will continue to use bitcoin
|
|
|
|
minnerETN
Newbie
Offline
Activity: 126
Merit: 0
|
|
March 22, 2018, 02:41:18 PM |
|
I personally use Bitcoin to make money. I do not use Bitcoin as a financial tool. I live in a country that does not accept Bitcoin in my life and very few people know Bitcoin. So I bought Bitcoin to hold and wait for the price difference. That is my main purpose of entering the Bitcoin market. You share your ideas for everyone to consult.
me too . In my country, they also forbid people to use bitcoin as a form of payment and exchange
|
|
|
|
hoanghoatham04
Member
Offline
Activity: 176
Merit: 10
Blockchain Just Entered The Real World
|
|
March 22, 2018, 02:42:36 PM |
|
I'm still using bitcoin even the price is stable because my country can convert bitcoin into fiat but not in ethereum or any altcoins, only bitcoin.
Including stable bitcoin prices and slower price increases like gold, we all will still use bitcoin regularly
|
|
|
|
MFY151
|
|
March 22, 2018, 03:28:05 PM |
|
I would but more like a currency compared today which it is primarily used as an investment option because of its high value. If bitcoin would be stable then I think it would become a very efficient online currency and investment opportunity wise I know altcoins would easily take over bitcoin if these happens.
|
|
|
|
Gargo
|
|
March 22, 2018, 03:31:54 PM |
|
I think if price will be stable in next 5 years we could easily use it to pay for most of products on internet and in real life so i think we will be forced to use it in some parts of our life.
|
|
|
|
rosepetals
Full Member
Offline
Activity: 650
Merit: 100
Financial aid for users: https://bit.ly/2SMY8gi
|
|
March 22, 2018, 03:44:47 PM |
|
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?
Im am using it as a financial tool of making money,i guess thats what we all wanted here ,to profit.These forum serves as our opportunity of having another source of income and this really does help to every person thats being a part of this community.The unstable price of bitcoin is gives us a chance for huge profit,we just need to be smart when to sell or to trade it.When price rise due to votality,and holder had buy it in a low price most probably there would be huge profit most especially if holding is a part of his strategy. Maybe in the next few years when bitcoin would be known and famous in our country and there were more merchants accept it then thats the time this would be use as our way of payments.
|
|
|
|
genset88
Member
Offline
Activity: 349
Merit: 10
|
|
March 22, 2018, 03:58:53 PM |
|
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?
Today's market is volatile, and Bitcoin is one of the most significant fluctuations, I think many people know Bitcoin when it's working fast, but now many investors believe that Bitcoin is about to end and choose how to sell their shares against the outside.
|
|
|
|
Xenoph0bia
|
|
March 22, 2018, 04:09:27 PM |
|
Yes, I would still use bitcoin even when it is non volatile. But then it would be used more as a money transfer medium rather than as an investment as Bitcoin provides pseudoanonymity in its transactions. The transactions are secure and having a blockchain of 10 minutes and hence require a short period of time. Also the transaction fees is quite less and the payment can be made throughout the world.
|
|
|
|
wireless1889
Member
Offline
Activity: 210
Merit: 10
|
|
March 22, 2018, 04:10:25 PM |
|
Most likely not. It's just that Bitcoin is an investment because of its increasing price. This makes it an investment and why others chose it because of the profit they get since Bitcoin's value is very high. I think if it have gotten stabled it will have use for online currency. Which I think can be side stepped by any money cards. So that's just what I think, Bitcoin is a good source of profit.
|
|
|
|
BitcoinMarketer39
Full Member
Offline
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
|
|
March 22, 2018, 04:12:14 PM |
|
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 will not be interested on bitcoins anymore if the price will become stable because the stability will destroy the profitability of a certain coin so it is not already good for investing and the price of bitcoins will go down eventually.
|
|
|
|
ScroodjMoney
Member
Offline
Activity: 210
Merit: 10
|
|
March 22, 2018, 04:12:35 PM |
|
First of all, the price of bitcoin will not be stable. That is why it is called volatile. And this is because of the demand of bitcoin in the present market. People would still use bitcoin whatever happens because bitcoin price will never be stable.
|
|
|
|
Kadal Ijo
|
|
March 22, 2018, 04:24:33 PM |
|
If the bitcoin price is stable of course I will not use bitcoin, the reason is because it is not attractive and there is no hope to get profit, let alone the previous online payment system is popular like Skrill or Paypal.
|
|
|
|
Sniper150
|
|
March 22, 2018, 04:35:39 PM |
|
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?
Of course, there's a lot of people interested in bitcoin. It possesses different things for those people uses bitcoin. You can't just easily transfer bitcoin without internet. Not only because of nature as what you have said above but, it is the truth that is a financial tool of making money or in short a source of income. You don't need to exert more effort to work on it. The important is you have an internet connection. I believe there so many people around this world was helped by bitcoin. I included myself on that.
|
|
|
|
robotrobert
|
|
March 23, 2018, 08:30:35 AM |
|
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.
If the market is fast and the price is unstable then there are both the chances that the profit will be lost or profit will be doubled but then in any of the conditions there will be uncertainty of using the bitcoin because if the price is going up, then there will come a greed for more profit and if the price goes down then everyone would prefer to hold the currency for a little bit more time so that the price can go up again.
|
|
|
|
Bitlord88
Member
Offline
Activity: 154
Merit: 12
|
|
March 23, 2018, 08:35:53 AM |
|
I personally just use Bitcoin for the possibility to earn money thru it. I just cannot use Bitcoin as a means of payment because here in my country Bitcoin is almost nonexistent, only a very few people know or have any idea of it. I would love to transact one day using it perhaps for online banking when I have plenty of Cryptocurrency already.
|
|
|
|
Tynovten_
|
|
March 23, 2018, 09:12:27 AM |
|
Not enough many to use because its attitude, the reality the bitcoin right now give unprediction wealth to some people. The people unaccepted to bitcoin become hard to use. So that makes it's not fungsional in their eyes.
But honestly, millenia people start to talk this thing to start use it. But Myself start to use bitcoin as more production.
|
|
|
|
anavir
Member
Offline
Activity: 350
Merit: 12
|
|
March 23, 2018, 09:17:13 AM |
|
yes i would..in the question alone we can see an assurance that we are not going to become a victim of scam which i myself can proved that bitcoin is true and it is beneficial
|
|
|
|
Panda Trump
|
|
March 23, 2018, 09:27:52 AM |
|
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?
No. For the very simple sake of there being A LOT of much better cryptocurrencies. I see you're talking about anonymity and security, but I wouldn't go to Bitcoin for that. There are multiple cryptocurrencies way ahead of Bitcoin on both security and anonymity. Of course, your security is almost flawless if you have a hardware wallet with Bitcoins, but the majority of the Bitcoin users, who are small-scale Crypto-newbies, don't store their Bitcoins in hardware wallets or simple software wallets. They are very vulnerable to any reasonably attractive phishing attempt. I and other more experienced/intelligent people wouldn't face that problem, but sadly, it's a rough reality for most of the regular folks. Then there's multiple cryptocurrencies way ahead of Bitcoin in terms of anonymity. Do you want to go through the hassle of using proxies/vpn/tor stuff just to make it harder for people to track your transaction down? Or do you just want a simple, more anonymous cryptocurrency? I'd prefer the second option. Bitcoin isn't anonymous at all. You can easily be tracked down, Then there's the thing with transaction speed & costs... Things put easy: Bitcoin often isn't worth it for small transactions & takes a while to process its transactions, basically keeping it from being used in everyday life. There are multiple cryptocurrencies that have fixed that problem. So, would I still use Bitcoins if the price were stable? No. I would prefer to use other stable Cryptocurrencies. Actually, I would even prefer relatively unstable cryptocurrencies over Bitcoin for my small-scale needs & desires, just like anyone should.
|
|
|
|
|