Bitcoin using or need! Vs stable coins

[Polo7]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it.

There is no clear way to predict btc price either.



So Why we exacly need Bitcoin? 


Year 2019 who need Bitcoin?? 
Year 2020 who need?  And who Will be using Bitcoin year 2025  

Bitcoin Will lose all the power If there is no clear Reason Why would we need btc and how we gona use it. 

Day traders swing traders... Don't keep Bitcoin alive for too Long all They do is trading btc with each other, there is no profit but Will be losses.

But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin?

[1715020715]

1715020715

[1715020715]

1715020715

[1715020715]

1715020715

[1715020715]

1715020715

[1715020715]

1715020715

[Polo7]

Will I Invest my hard earned real money into Bitcoin??  The answer is no!  Will anyone who is in rational mind Will Invest in btc??  The answer is clear no!! 

Will I Invest into stable coins?  The answer is yes!!  Stable coins are the best Thing what Ever happened!  Clearly but Bitcoin is not. 

If I have 100 usdt I know I have it   but 1 btc...  Welll one day 7000 Other day 8000...

I dont think Bitcoin can survive for long If there is no outside help!! 

The swinging 7000-8000 price range is coz of the same Old crypto currency traders trade with each other... So one day joe Win jack s btc and next day jacks wins joe's btc and Exchanger Will take fee...

Traders Not Winners Here!

[desticy]

Stable coins are tied to a specific currency, which already means it creates a huge difference between them and Bitcoin.
After all, Bitcoin is provided for itself, no matter how strange it sounds.
If the Fiat system crashes, Bitcoin will not suffer from this, but stable coins tied to this Fiat system may well.

[1Referee]

Will I Invest my hard earned real money into Bitcoin??  The answer is no! 

Ok.

Will anyone who is in rational mind Will Invest in btc??  The answer is clear no!! 

So you speak on behalf of every rational mind? I highly doubt that.

Will I Invest into stable coins?  The answer is yes!!  Stable coins are the best Thing what Ever happened!  Clearly but Bitcoin is not. 

Stablecoins might be stable units, but in terms of value, they mimic the actual fiat currencies they are supposedly backed by, so they will lose purchasing power every single year.

If losing purchasing power every single year is the best thing that ever happened according to you, then I can see why you don't like Bitcoin, an asset that truly appreciates in value.

-snip-

Are you somehow affected by the decline we have seen yesterday? If so, then I can somewhat understand your saltiness.

[Lanatsa]

We had some companion on here 

Img source: https://me.me/i/cet-rt-angelobtc-when-twitter-tells-you-to-be-bearish-14824016

Just to ask, if you do look Bitcoin to be like that then why you are here? lol

[jossiel]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

Me and the rest of bitcoin holders here. You are free to use stable coins as much as you want but we're also free to hold, use, spend and trade bitcoin anytime we want.

Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it.

What is money to you? if bitcoin which has a dollar of $7,500 now isn't money for you, then what's the cash that you have on your pocket and bank account? isn't those papers money?

So Why we exacly need Bitcoin? 

Year 2019 who need Bitcoin??  ?

Year 2020 who need?  And who Will be using Bitcoin year 2025  

Alternative payment for fiat money transfers, we need bitcoin except you.

Bitcoin Will lose all the power If there is no clear Reason Why would we need btc and how we gona use it. 

It will lose value if there's no demand but accept the fact that there's a wide demand and even though it's volatile, many are wanting to have it and hold it as much as they want.

But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin?

This is going nowhere, you keep asking questions that has obvious answers repetitively.

[alyssa85]

Will I Invest my hard earned real money into Bitcoin??  The answer is no!  Will anyone who is in rational mind Will Invest in btc??  The answer is clear no!! 

Will I Invest into stable coins?  The answer is yes!!  Stable coins are the best Thing what Ever happened!  Clearly but Bitcoin is not. 

Stable coins are safe until some govt raids them and asks them to prove that they're really backed with fiat currency (which they're not).

In other words stable coins are nothing but an elaborate con game.

[Wapfika]

Don't be too affected in this bullish trend, everyone knows that bitcoin is volatile same with all decentralized cryptos. There will be time for it to pump again as an investment. You must know that stable coins still a risky in a way that it's centralized, it is controlled by an organization. It is just preferred to use when we want to park our investment to not be affected in crypto volatility, if transferring only is your intention in entering crypto, so why bother have stablecoin when in fact it's like online banks,online banks can do transferring at all.

[blckhawk]

Investing in stablecoins would take you too much time to ear profit. That's why investors are not attracted to stablecoins. Bitcoin may not increase in price today, but it's limited supply would make its price potentially pump. Another thing is that bitcoin has already proven itself that it's worth to hold. If they're useless as you're saying, then people would not hold or even trade bitcoin, they'll just sell it off because it's worth nothing, which is clearly not the case. Also, because fewer people engage in these altcoins, market crash and crypto-related negative news would likely bring death to these altcoins. Who would invest on something that may be gone and not recover? Seems like more risk than bitcoin.

[ecnalubma]

Stablecoins are boring yet it is an effective tool of moving funds but honestly I don’t use it. I don’t really treat Bitcoin as a normal payment I treat it like gold as a store of value and I like volatility. I can consider that Bitcoin and crypto is our best weapon against the global inflation.

[Wexnident]

Day traders swing traders... Don't keep Bitcoin alive for too Long all They do is trading btc with each other, there is no profit but Will be losses.

But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin?

Same aspect as BTC? Can stable coins bring you profit and losses? No. Because they are "stable". And who are you to speak of BTC as having only losses but no profit? Clearly your mind is clouded and you haven't understood what BTC really is.

I dont think Bitcoin can survive for long If there is no outside help!! 

Whatever could you possibly mean by outside help? BTC is a decentralized cryptocurrency that no one could access nor control. On the other hand, it has continued to exist because traders have kept on buying and selling them and building up a market around it. Now, if you were to say that "these" traders are the outside help, then clearly you don't have a

rational mind

Stable coins have their use as "Stable" because you can ensure that their price wouldn't depreciate, therefore ensuring that you have that same amount of funds as coins or as crypto. But that doesn't mean it is above BTC. Stable is for "Stability" or for having storage of cash as crypto, and BTC is for trading for earning a profit or losing a profit (Cause either could happen).

[NathanJB]

Bitcoin and stable coins are two separate worlds. Bitcoin is limited. Its maximum supply is only 21 million. How about stable coins? You can create as many as trillions and quadrillions. There is a problem in there as we all know. With stable coins, we are going to face the same problems as fiat. Fiat is printing billions out of nothing. The value of stable coins is the same value as fiat. And the value of fiat is determined by the same old players who owns the banks. Stable coins are nothing but a little more than digital fiat. Come to think of it.

[jseverson]

But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin?

People who value decentralization. The only similar aspects of Bitcoin and stable coins are that they're digital, and not much else. Stable coins are only stable because there's a centralized party keeping it that way.

I would also argue that it's much more likely for you to lose your money on stable coins than Bitcoin, considering they have a central point of failure. Even the biggest stable coin, Tether, has lost its peg a couple of times, and is currently under fire from regulators. They're much more vulnerable to outside interference, and are therefore much likelier to die a premature death than actual decentralized cryptos.

There's a reason why stablecoins are only ever used for trading cryptos, and that's because that's all they're practical for. If you absolutely want to keep your money stable in terms of fiat pairs, use fiat. If you want money that's discrete from the traditional economic system, use Bitcoin.

[andycarrol]

I think bitcoin currently only has a role to use and has not become a necessity because there are still many countries that have not yet received payments using bitcoin, indeed it is still inferior to stable coins but the price of bitcoin can provide enormous benefits if you can use it.

[Palider]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.

You can also use Bitcoin to send worldwide, and it's completely anonymous

Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it.

Bitcoin is an asset, Just like Gold and so on. That's why prices are falling and rising.

There is no clear way to predict btc price either.

Yes, There is no clear basis for knowing its price in the coming days. But what is clear here is that we are seeing a potential rise in prices as many countries support it.

So Why we exacly need Bitcoin? 

To me, this is a form of investment and money. If you have bitcoin just keep it and go back for a few years, its price may drop or rise. And this is what you can't do with stable coins and fiat money.

[CryptoBry]

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stablecoins which you can transfer around the world all ready instantly
And They are stable. Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it. But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin?

I think you are just concerned with the fact that stablecoins can be transferred anywhere in the globe but so does the real fiat money, you can easily remit it these days as we now have many remittance service providers all waiting for you. Now, you said that stablecoins have same aspects as Bitcoin? Are you sure of that? Do you know that stablecoins are centralized and as such when the going get tough it can suddenly just close its doors and your coins gone for good? Look, stablecoins have their own role to play in the overall cryptocurrency market and they are not meant to kill Bitcoin, just like how you are feeling right now that there is an ongoing crash. Just remember Bitcoin is bouncing back soon. You might somehow hate Bitcoin right now but you will hate it more when it reaches a new ATH in 2020 since you have sold all of your BTC holdings yesterday.

[dentolas]

I am sorry my friend, but stable coins are good just to use as a protection against other crypto volability...
These stable coins are supposed to be backed by fiat currency (please note the word supposed and search for example Tether), so they are the exact digital versions of centralised printed cash... if you want to keep on going with that system... go ahead
You people invest in a rush and think prices always go up, than rush to FUD if the price go down... need to have pacience

[Murat]

Yeah, I agree with you on this issue but I have some of the observations also against this point, have you ever got any profit by holding the stable coin in your lifetime? I think there is no way to get any return by holding money but Bitcoin will give much profit if you hold someday because of this currency is unstable, instability also has some positive side, I think this is not right what you have described, I know stable coin doesn't need any risk to hold on you but Bitcoin is totally web-based currency, anything could happen in this system but when you want to make money by a low effort then you have to take a high risk, for me, this is nothing but a risk-taking game.

[maxreish]

You misunderstood the main purpose of bitcoin. It was created by Nakamoto mainly to use as a blockchain technology and as a peer to peer digital payments. It doesn't make sense to compare btc into some stable coins. Other consider it as a store value and investment.

And those traders you are talking, they are gaining profits by doing that.

Why exactly do we need it? I want to be a part of this advanced technology, when I am using btc I wasn't controlled by any organizations or institutions. That's freedom.

[iMark]

I think people who doubt the purpose and function of using bitcoin are those who often panic when prices fall. because they don't have any grip and belief in bitcoin. whereas the main advantages of bitcoin are clear, that anonomity  and decentralization are the main attractions of bitcoin, and you can say that fluctuations make bitcoin unsuitable for currency, but the fact is that many merchants and users use bitcoin for it. Bitcoin is needed for many reasons, and including what I mentioned.