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Author Topic: [Discussion] What's best for the future of Bitcoin?  (Read 537 times)
Sword555
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September 04, 2018, 08:48:43 PM
 #41

I think that the future that we all are waiting for would be for Bitcoin to became as the first step an alternative currency and then a global one to pay with it worldwidely.
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September 04, 2018, 08:53:57 PM
 #42

What's the best thing for the future of Bitcoin the price going higher and higher (over ATH) or the price becoming stable?

Note my question doesn't say what's better for investors or what's better for you specifically. The question is what's better for Bitcoin overall. The price spikes are great but those are short-term gains and they only attract those that want to get rich quickly, on the other side if the price of Bitcoin were to become more stable then you'd see a lot more places accept Bitcoin as a currency and the overall growth and usage of Bitcoin would increase worldwide.

What are your thoughts?
Bitcoin and so currently shows stability, and it would like to wish other coins that this is not even enough, as well as the coin itself is beautiful and shows good progress. Roll Eyes Roll Eyes
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September 04, 2018, 08:54:49 PM
 #43

You are asking what is best for bitcoin and yet you have though about the "price" at the first place.

It doesnt matter which price is it.
Usage will be the key for the better future of it.
As of now we can see there is not much.
Merchants are still in doubt because of its volatility. Yes a price stability might help but that will affect the investors afterwards. Some of them are here for that fluctuation. We might see a big dump if a stability happens.
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September 08, 2018, 05:16:41 PM
 #44

You are asking what is best for bitcoin and yet you have though about the "price" at the first place.

It doesnt matter which price is it.
Usage will be the key for the better future of it.
As of now we can see there is not much.
Merchants are still in doubt because of its volatility. Yes a price stability might help but that will affect the investors afterwards. Some of them are here for that fluctuation. We might see a big dump if a stability happens.
Exactly, the rate of adoption is going to be critical when it comes to the well being of bitcoin and obviously that is going to have a good effect on the price of bitcoin, people only seem to care about the price not understanding that the price is only one measure of how well bitcoin is doing, for example even if the price is not very high right now the technology of bitcoin is still improving.
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September 08, 2018, 06:16:33 PM
 #45

The price of bitcoin may rise one day. However, positive developments should definitely happen. It is not so easy to raise prices without seeing them.

there are many positive developments, both code development and regulatory environments. But you people can't see it only checking the prices and charts, forgetting what this is about
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September 08, 2018, 06:49:32 PM
 #46

I will always support the volatility because if the price will going to be stable then the investors will not going to invest here.

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September 10, 2018, 11:45:13 AM
 #47

The best thing for bitcoins would be if it disappeared and only the technology of blockade remained. Blocking will change the future, not bitcoin or etherium. It would be better if everyone returned to the usual fiat money.
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September 10, 2018, 10:27:57 PM
 #48

What's the best thing for the future of Bitcoin the price going higher and higher (over ATH) or the price becoming stable?
The best thing would be both Cheesy

Honestly, I would rather choose the price become stable. Bitcoin price volatility is one of the main issue of mass adoption. Bitcoin's volatility is alien in other investment. You wouldn't see any stock going down by more than 10% in a day and then going back up the next day. That's crazy volatilty and it actually scares some investors out.

By stable I don't mean the price will be the same for a long period of time. Of course, there has to be some stable growth in the price as Bitcoin is a limited asset (fixed supply).
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September 10, 2018, 10:37:02 PM
 #49

You are asking what is best for bitcoin and yet you have though about the "price" at the first place.

It doesnt matter which price is it.
Usage will be the key for the better future of it.
As of now we can see there is not much.
Merchants are still in doubt because of its volatility. Yes a price stability might help but that will affect the investors afterwards. Some of them are here for that fluctuation. We might see a big dump if a stability happens.

I highly doubt that's the case. If anything stability will increase adoption which means that more people will come on board. Volatility is only helpful when the price goes higher and higher but not when it's high one day and crashes the next.

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September 10, 2018, 11:08:09 PM
 #50

Recently the crypto market has experienced a very deep decline including bitcoin, maybe this year's bitcoin will not rise high, in my opinion bitcoin will remain stable.
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September 10, 2018, 11:15:56 PM
 #51

bitcoin will never be stable, today and the future, and this is the consideration of every country to adopt bitcoin, very fast and high volatility of bitcoin. so it's a little difficult to become a payment instrument.

the biggest thing that will happen to bitcoin in the future is the value of bitcoin will reach the maximum value, $ 300000, then bitcoin will be accepted by all countries as a legal transaction tool.
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September 12, 2018, 05:23:53 PM
 #52

The price of bitcoin may rise one day. However, positive developments should definitely happen. It is not so easy to raise prices without seeing them.

there are many positive developments, both code development and regulatory environments. But you people can't see it only checking the prices and charts, forgetting what this is about
This is one of the flaws of only looking at the charts to try to tell the state of bitcoin, we know the price can be manipulated, so the price is not a very good indicator about what is happening with bitcoin, so we also need to look at the developments happening not only in terms of technology but also in terms of the laws and the policies that countries take towards bitcoin.
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September 12, 2018, 05:40:31 PM
 #53

I personally think bitcoin should make a negotiation with the governments so that at least the users can use it easily and without any problem.
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September 12, 2018, 06:04:55 PM
 #54

For bitcoin it will be very good if its price is stable. And for bitcoin, as crypto currency, it will be better if it does not have a higher cost. The higher the cost of bitcoin, the more risky it will be for investments. In addition, its high cost prevents the legalization of the crypto currency by the states.
It will also be better for bitcoin if it is used primarily as a means of payment, and not as a means of accumulating value. Using it more as a speculative means of making a profit leads its development into a dead end from which the path is only one - down to depreciation.
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