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Author Topic: Would you still use bitcoins if the price would be stable?  (Read 2006 times)
speeder
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April 06, 2018, 09:42:49 AM
 #441

Yes like..why not?It would probably be better if the price of BTC was stable, but if it were so, it will disappear the chance to earn more that you invested, but at the same time will disappear the risk to lose some money.This is why i really don't know if it was better for the price to be stable, but if that were the case, I would still invest in the BTC.

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Cryptosaphire18
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April 06, 2018, 10:04:26 AM
 #442

Of course I will, but more like a savings account for storing my funds, I do not see another task when it will be stable in price
Definitely yes, i would still use bitcoin even the price is stable. However, bitcoin has no mechanism to stabilize either its price in some reference currency or its purchasing power. The difference between bitcoin and fiat money is not just volume but backing by assets and some willingness to use those assets to ensure value. But considering when bitcoin's price will stabilize with popularity, and once enough people have hopped on board for the price of a bitcoin. I'd think that will be enough to keep prices quite steady from there forward.
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April 07, 2018, 05:21:39 AM
 #443

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.
Manway people have different aspects of bitcoins that are loving to them. For me, this is just because of the reason that bitcoins are giving us money. Although they are being used as payment method as well but still that earlier side is heavier. We can earn money through them and nothing is superior to this. So keeping in mind this fact, we all must endure in bitcoins and start earning.
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April 07, 2018, 10:49:30 AM
 #444

Yes why not it doesn't matter if the price is stable as long as we are earning from it so as far as bitcoin is still here and people keep on investing and trading i will still  use bitcoin.
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April 07, 2018, 11:38:52 AM
 #445

Bitcoin was originally created as an alternative, decentralized payment method. Fast transactions and very convenient to use. So whether the price is stable i will still use bitcoin as long as it is still use as mode of payments.
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April 07, 2018, 12:46:36 PM
 #446

Yes like..why not?It would probably be better if the price of BTC was stable, but if it were so, it will disappear the chance to earn more that you invested, but at the same time will disappear the risk to lose some money.This is why i really don't know if it was better for the price to be stable, but if that were the case, I would still invest in the BTC.
That was some positive thinking but if we say that bitcoin becomes stable, it is only possibly if it has already gone mainstream and touched really high value. Bitcoin is basically a currency, a medium of exchange, but it just exists in digital form. Using it for purchasing all that we do with paper money is not a very bad idea. This is what bitcoin would be like after a decade or so.

malbano2099
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April 07, 2018, 12:53:37 PM
 #447

Honestly, I would. Bitcoin helps too much in our personal needs, even if it is stable, you can't make a value like btc gives when u are only a standby.
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April 07, 2018, 12:56:57 PM
 #448

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?


Bitcoin is a tool for safe transactions, and can be used anytime. Yes I recognize that bitcoin is unstable and can fall at any time, but bitcoin also has the potential to continue to increase and become more popular.

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April 07, 2018, 01:02:16 PM
 #449

BTC is not widely used now because BTC's price is not stable!

If BTC is as volatile as gold price stability, BTC's payment method will be very obvious!

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April 07, 2018, 01:04:09 PM
 #450

I think that the reason why a lot of people avoid using Bitcoin for transactions is precisely because its price is highly unstable. Should it somehow stabilize, then I hope that lightning will already be live by then since millions will be using Bitcoin for payments.
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April 07, 2018, 02:13:17 PM
 #451

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 me, yes I would still use bitcoin if the price will be stable even if it is high or low because bitcoin has the advantage of protecting our security, the fact that bitcoin has the easy transaction through internet and etc. as you said. I'm using bitcoin not just to make some money for it, I use it for my financial I have a family to support their needs and by its nature, we all know what bitcoin is no question for it.
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April 07, 2018, 02:19:27 PM
 #452

Almost everyone uses bitcoin as a tool for investment and speculation in order to make money. As long as it is volatile, it will continue to be used.
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April 07, 2018, 02:21:35 PM
 #453

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.
Manway people have different aspects of bitcoins that are loving to them. For me, this is just because of the reason that bitcoins are giving us money. Although they are being used as payment method as well but still that earlier side is heavier. We can earn money through them and nothing is superior to this. So keeping in mind this fact, we all must endure in bitcoins and start earning.
Yes, every people have different vision and aspects towards bitcoin. So as for me if bitcoin has a stable price then I will continue earning on it through bounty campaign and cycle it as my way of earnings but i will stop making it as an investment because it is not profitable at all because it has already a stable price and

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April 07, 2018, 02:33:02 PM
 #454

Of course if and when it becomes stable. That's the time we'll see it as a payment option more than a storage of value.

I agree with that, on the other hand are we able to know this currency if the price is stable? Are this currency will still be this popular if the price is stable, which we all know that the price of Bitcoin attract more investor and people who will work here to be involve and have their own profit. So much speculations to say, but If I will be going to ask I will still work for here theough thick and thin.
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April 07, 2018, 02:38:08 PM
 #455


Of course, do not keep it in a stable state. In a downhill state I still maintain bitcoin.
Besides bitcoin, I still maintain ETH as a companion.
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April 07, 2018, 02:39:50 PM
 #456

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 am using bitcoins because i am gaining in them and i am having a great investment for my future but if they are stable and it means that they are not an investment anymore then i will still use it for some personal things not for making money because you cannot make money on a stable price anymore but the fact that they are convenient and decentralized which means tax free i am still.gonna use it if i had a chance. I will biy things using them for conveniency
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April 07, 2018, 02:44:55 PM
 #457

yes of course i will still use bitcoin because even it became stable i know its value is high and i can still earn money from it.

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April 07, 2018, 02:52:58 PM
 #458

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.
The fact is that the stable market value of the bitcoin is more than impossible sort of thing and that this will never happen. The only thing which we all know for now is that bitcoin and other crypto coins are volatile in nature and that their market values keep on fluctuating. I am afraid that investors will stop investing their money into bitcoin if it has got the stable market value in the future.
Yeah, we really do not even need to be worrying or bothering ourselves over something that is impossible. Generally, market is volatile and there is nothing anyone can do about it, so as time goes on, we will still keep having a volatile market but an uncontrolled one.

However, stability for me is not even a problem even if we ever get to see that happen. The idea of making transactions from anywhere in the world easily makes it interesting and that is what would always make it fly.

That's exactly the question if you believe in bitcoin to be our currency of the future, then you won't care a lot about market movements , it's the same as people who doesn't hold  bitcoins won't care about the price movements, because they just buy bitcoin when they need to use it and they make the conversion at the time of the purchase.

The big reason bitcoin's price went down recently is that most of the people that knows about bitcoin and that trust the system do it because they believe that the price of bitcoin will go up in the future, and not because they want to use it.

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April 08, 2018, 08:52:17 AM
 #459

For me, yes I will still use bitcoin even the price of it is stable its because sometimes I use bitcoin to buy the things that I want on the internet and most of the time I use it to pay the bills to avoid a very long queue. But the beautiful thing why I use bitcoin is its fluctuating value; I can gain some money by investing in it, so if bitcoin’s amount becomes stable it will affect my resource of income.  Smiley
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April 08, 2018, 10:30:15 AM
 #460

Yes, if the price of bitcoin is enough and not that much low, I will still use bitcoin because it helps me to earn extra money and because I have extra money I can buy the things that I want that I didn't buy before and because I earn extra money, it helps me to fulfill my needs. I still use bitcoin.
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