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Author Topic: Would you still use bitcoins if the price would be stable?  (Read 2054 times)
usorin
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April 02, 2018, 10:58:09 AM
 #381

The volatility of Bitcoin makes everything exotic. Regarding the topic my answer is yes, i would use btc because there is a lot of services of high quality and the payment for it is in crypto.
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April 02, 2018, 01:11:55 PM
 #382

The main reason of why i don't use bitcoins to store my personal wealth, is because of the volatility.

I wont put my money in here if the next day they could be worth the half, and this sounds pretty reasonable.I love bitcoins to be honest.

For me personally I'm still gonna use bitcoin if ever the price become stable because it's very convenient to make a transaction and beside on that I can send bitcoin anytime anywhere but I think the interest of investors will decrease because bitcoin is becoming a regular currency and it's not attractive anymore.
To be honest bitcoin will be useless ,people really interested on bitcoin because of the fluctuation on its prices .The great prices on bitcoin has a big impact on people if prices will be stable probably no more great earnings and not anymore popular for investors. But I know still bitcoin upgrading more and develop things.

These people only interested in the volatility as a vehicle to trade the price swings aren't actually using Bitcoin, they're just trading it. That's not he same thing. Utility will increase as volatility decreases, and ultimately you want more adoption which will lead to higher prices overall in the long term, so you want stable prices to bring those people who will actually use the coin in. You might lose the day traders in the short term, but so what? They're not using the coin anyway and not doing anything beneficial for adoption or the community. It'd be better that way.

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April 02, 2018, 01:51:25 PM
 #383

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 the benefits are certainly a lot of searching. but if I personally not only profit but bitcoin it can also educate to be better again

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April 02, 2018, 01:52:50 PM
 #384

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?

Even if the bitcoin price is $ 0.1, I still want to continue investing in Bitcoin. Thanks to Bitcoin, I have enough money to repay, so I will never leave Bitcoin

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April 02, 2018, 01:56:53 PM
 #385

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 the price of Bitcoin is stable. I think people will use Bitcoin instead of using paper money and Paper money will disappear
MarkusIsaiah
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April 02, 2018, 01:57:23 PM
 #386

Definitely yes bitcoin is the king of cryptocurrency. Many people are interested in bitcoin because they know the potential of bitcoin.
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April 02, 2018, 01:58:59 PM
 #387

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 certainly still prefer to use Bitcoin even though its price is stable. I can use Bitcoin to buy Altcoin and generate income
brotherwood12
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April 02, 2018, 02:10:09 PM
 #388

stable doesnt mean it will not change right ? if like that i still will use it because i looking for profit using bitcoin
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April 03, 2018, 10:40:06 AM
 #389

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?

As you said, the system is secured and easy transactions, the thing I like about using bitcoin. Much more if the value is stable, then we can use it in other transactions like buying goods or paying bills. But while its value is volatile, we will take advantage to its characteristics like buying coins at its low price and selling them when price gets high.
People are preferring to use it as an investment than as a currency and the reason behind their behavior is obvious. It is the volatile nature of the bitcoin that makes it the favorite investment for everyone. People know that just by being little vigilant and grabbing this coin at low rates can get them what they are unable to have with other modes of investments. So we better not go for the stability of it.

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aoihs00
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April 03, 2018, 10:50:14 AM
 #390

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 i just used it as financial tool of making extra source of income.In this forum we can find money by joining signature campaigns and bounties,although its never been that easy but it can be learn through time,we just need to be resourceful enough to do some research on how crytptocurrency works.Votality is the nature of bitcoins concepts but people still using it,some hold their bitcoins  for further fluctuations,these can be very useful if price will skyrocket,the frequent fluctuations would be the greater the possibility that it would continue to stand still as the strongest digital currency of all.

Yes you telling the benefits of volatility to the bitcoin use. But the OP's case is different. He still need answer as to whether people will still use the bitcoin when it is stable. My point of view on this is simple, if some day bitcoin do get stabilised in its prices (impossible one) then I will be able to use it the way I use fiat today. You know what there will be one more positive thing that will happen in the process, - Government accepting the bitcoin in real life application. Yes, off course the stability will bring bitcoin to usefulness of ordinary people and at their services. Its controlling will be far easier than anything and we could just have it the normal way. The prices for this type of BTC will increase due to its demand and that would be systematic growth for it.
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April 03, 2018, 10:51:40 AM
 #391

I'm 100% sure that yes, I'd still use it - because I can pay anonymously and worldwide.

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April 03, 2018, 11:33:05 AM
 #392

Of course I would still use bitcoin even if the price stabilizes. In fact it's a good thing if ever that happens. The value of bitcoin stabilizing means very good news for the bitcoin industry and potentially even to the whole industry of cryptocurrency itself. This most likely means  that bitcoin could be considered as a currency right now.
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April 03, 2018, 12:22:22 PM
 #393

People use bitcoin in different ways and relate to nim differently. Some countries have recognized it as a means of payment, but most people use it as an investment and as a way of earning money, because they can pay everywhere and not all people are ready for it at the moment.
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April 03, 2018, 02:33:25 PM
 #394

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?
The truth is that it can never be stable, but let’s just say that it happens to be stable as you said and what decision I will take? I will stay. Apart from being an asset meant for investment, Bitcoin has other features that it can offer too. Bitcoin is very fast when it comes worldwide transaction.

There is no middle man (bank), there are no heavy transaction fees and there are no delays at all. You don’t even have to do any form of paperwork like you will do whenever you want to transfer money to someone living in a different country with the help of banks. All you have to do is request for their wallet address and you’re done. There are lots of things to consider and this is just small part of it.
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April 03, 2018, 02:36:25 PM
 #395

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?


Bitcoins will not be profitable if the price will be stable, the reason why most of the people are investing on cryptocurrency is that, they are hoping for the price of the coins they are holding to increase its price in the market in the future so always wait and save your coins for you to earn more profit.
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April 03, 2018, 03:03:01 PM
 #396

Yes personally i would still use Bitcoin even if the price is stable. Even if the price is stable we can still make money and i believe that Bitcoin is safe and secure to earn money. But i think Bitcoin will never be stable just like other crypto currency it will be high low we can never know what will happen, currency is not stable even if in other currency so i think it would be hard to stable the price of Bitcoin. there is lot of user and investors of Bitcoin so it can be up or down but for now we need to wait until the Bitcoin price goes high. . .
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April 03, 2018, 07:51:33 PM
 #397

I'm 100% sure that yes, I'd still use it - because I can pay anonymously and worldwide.
Agreed with you because bitcoin has a lot of other benefits as well more than investing only, if you know the importance of bitcoin in your life you will see we can take benefits from it, as now we invest in bitcoin at the same time we buy goods with bitcoin, we can help a lot of poor people and we can help our children to get safe life, we can buy everything with bitcoin without any fear of lose, bitcoin is an anonymous currency so most of investors and traders likes to pay with bitcoin, so I think I will invest in bitcoin no matter what situation bitcoin has.
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April 03, 2018, 08:35:51 PM
 #398

My answer is yes I would still use bitcoin if the price would be stable because I know I will get benefits even if it is small amount it will surely help me a lot for my expenses and for a little saving.
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April 03, 2018, 08:55:39 PM
 #399

Why not? If i have bitcoin and still doing well with it i will still use it. Actually i am earning better in crypto than in my regular job. If it will continue to be like this then i would still use bitcoin in the future even if i have the opportunity to earn fiat.

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April 03, 2018, 09:06:28 PM
 #400

Definately yes, i use bitcoin if the price are stable because bitcoin has a lots of features that it can offer too. Bitcoin is very fast when it comes worldwide transaction. One of the best which is advantages to bitcoin is no middle man (bank), there are no heavy transaction fees and there are no delays at all.   
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