Bitcoin using or need! Vs stable coins

[dimox]

people need bitcoin for their salary, for profit. we can use crypto as payment, around the world, but that coin must be stable, no up down value, it have same cost in every country. every country can create their own coin than make regulation about it, so poeple there some equally between each country.

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[Wintersoldier]

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.

First and foremost, people should first learn and understand the difference of market terms such as pice and value. Price is changing, value is dominance. Why dominance? since whenever a crypto's market price decline, its value will remain the same as it suggest the potential of the coin to get back better in a latter time. Some newbies and impatient's doesn't know that, as a result, they tend to panic sell and worry about their investment.

[jets567]

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!

If you are so afraid of taking risk, what's the point of converting your fiat currency to a stablecoin (centralized) instead of investing in banks? The price fluctuation is natural in Bitcoin and despite of its characteristic, many people still use it and recognize Bitcoin as the strongest coin in crypto market because of its fully decentralized and trustless system.

[abeecrypto]

Bitcoin is not money? Well, it depends on your definition of money. Yes, Bitcoin is volatile, but every holder knows that. Maybe, the volatility is the fun part of cryptocurrency.
It is true that stable coin is less volatile but have you asked yourself, how stable are the stable coins you see around? Are you making use of coins for just stability or investment?
And you wrote about gamble. Investments are, most times, gamble. You never know whether they will be profitable or not. And that is the beauty of it.

[Duzter]

When we think of bitcoin, it is all about technology as well as digitized form of value transfer. Stablecoins are created as a part to provide fiat a digital outlook. The future generation is completely dependents of digital growth, for everything they've begun to rely on the gadgets and other technology based devices. To this growth bitcoin is the one that can fulfill the needs of people and the growth happening with time.

[BitHodler]

Stablecoins aren't investments. They are tools to hedge the risk of volatility or a bear market, or simply to take advantage of arbitrage opportunities because it's much faster to move back and forth than fiat through banks.

It seems that you care more about hedging a bear market, which you can still do if you think the price has more room to the downside. Everyone is free to express their views and points, which OP has done.

I do however believe that it's all just emotions that got the better of you, so try to work on that.... handy tips are to not over-invest, don't use too much leverage, and learn to understand the market to spot the bearish signs on time.

[tenakha]

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?

How do you think stable coin is superior than BTC?

Stable coins are not as reliable as BTC- While the majority are reluctant to use it even in the crypto market, you think stable coin is better than BTC without research.

Stable coins is not decentralized like BTC- You praise us such a coin that its price is even based on today's USD (even this is a lie, most of them were not backed up with anything). There is an institution or anything that keeps the price constant in stable currencies like FED which determines the price of USD.

[error08]

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!! 

Then it's not for you but many people and investors buy bitcoin until it reaches this point.

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

What is your purpose invest in stable coins? since it's like fiat currency in your bank account, you may feel free to send it wherever you want or else you want but for what purpose?

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

And then next year $10,000. That's a good profit rather than invest in stable coins.

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

Bitcoin is here to stay forever and being used in every way it can be, as long as internet does exist.

[dimonstration]

Stablecoins aren't investments. They are tools to hedge the risk of volatility or a bear market, or simply to take advantage of arbitrage opportunities because it's much faster to move back and forth than fiat through banks.

It seems that you care more about hedging a bear market, which you can still do if you think the price has more room to the downside. Everyone is free to express their views and points, which OP has done.

I do however believe that it's all just emotions that got the better of you, so try to work on that.... handy tips are to not over-invest, don't use too much leverage, and learn to understand the market to spot the bearish signs on time.

I don't consider stablecoin as an investment too, since there is no way it will increase in value, but we all have different thoughts about these matter and freewill to understand what we want to understand. We are esponsible in every action and decision we do in crypto sphere so we better research base on our capability on what will be best for us, if risking in decentralized coins are hard for OP and others then let it.

[el kaka22]

Value is non existing in bitcoin world, the people who came here from either financial background or at least came here for financial reasons unlike the developers who came here for the coding part of it always tries to examine bitcoin like any other commodity they have faced but it is not like them.

Yes, it has a price that is unavoidable but it doesn't have a "value", value is when people give something a value, to me this object could be 2 bucks, to someone else it could be hundred million dollars, that is value, the price is always set but the value is always changing. Bitcoin doesn't have a value because the price is literally is its value, it depends on people buying and selling to have a price and that means in bitcoin world value is equal to price which is why value doesn't exactly exists.

[agentx44]

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?

I think you are underestimating bitcoin's ability to bounce back, from being in the rock bottom on being on the highest position among any other cryptocurrency. I think we cannot say that we don't need bitcoin anymore because just like the moon, it borrows its radiance from the sun, same goes in crypto. Altcoins is influenced by the price of bitcoin so not patronizing it is already a massive damage to all the other altcoins.

[jrrsparkles]

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?

if you wanted to stick with the old fiat or stable crypto then its fine but understand that the stable value is not stable its continuously decreasing every year in the name of inflation so literally you were losing the power or value of stable coins in longer run like the purchasing power.

Bitcoin is the next generation money,Bitcoin was made to break these things and wanted to give freedom to the user who holds it and it not intentionally made for traders but the are making benefits from it.

[Eugenar]

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?

In the latter future, I do believe that bitcoins volatility will the not be the same as right now. Volatility of bitcoin will be much more stabilize as we approach the end of supplies, and I'm pretty sure people are then using crypto in everyday lives, as a result, bitcoin needs to be universal so it will be forced to become stable in the market for it is what people need in daily transaction.

[teosanru]

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?

Actually there are two schools of thought about this because some say that btc has actually utility of transactions and if people are just holding it and not using it for transactions then there is no purpose for it. While the second school of thought says that what's the utility of gold when it can increase in value merely due to scarcity then why can't the same happen to btc? So I think time will tell how things continue until then you can trust btc for your holdings for sure.

[ufaiz50]

There is indeed a profit trading there is a loss, not all can take profits. We see that stable coins are very good for transactions and low value fluctuations, this is indeed good when viewed from a financial perspective.

[Vishnu.Reang]

Stablecoins are useful in jurisdictions only where fiat currency is not available for trading with cryptocurrencies. If they are available, then what is the point in using the stablecoins? After all, it involves additional expenses to store and convert the stablecoins such as USDT and Pax USD. And ever since they moved to the Omni platform, storage of USDT has become more complex.

[Darooghe]

What you say is not wrong, but there is some nuance you may be missing. With the US dollar, $1 today is not necessarily the same portion of the total money supply as it will be next year, as the Fed could create more, thus reducing the value of that dollar. However, 1 BTC will always be 1/21millionth of the total bitcoin supply. So 1 BTC in the future will be the same portion of the total supply as it is today.
 
Also, since stablecoins are centralized the trust always remains a major issues. it's good to know only 2% of Americans trust Facebook’s Libra more than Bitcoin. i think when we start seeing some reputable institutes start providing the trust factor they will definitely be the threat to the crypto currencies that exist today like Bitcoin. one of the feature of crypto currency is the decentralization which we need to wait and watch if someone can solve this problem in a stablecoin or not.

[ahyadinnn]

I prefer to use bitcoin because I'm here to take advantage of the ups and downs of bitcoin, it's not always profitable, but if we can predict market movements, I think we can get more from losses.

[jaocoincrypto18]

Stable coins? Is there really a stable coins other than Bitcoin? Bitcoin is not a commodity in which we need it for our daily use but we need Bitcoin for investment to earn more fiat for our daily living but if you think you will just rely this on your stable coins then you really don't need Bitcoin.

[Eclipse26]

Why are you here in the first place if you don't understand and know the purpose of bitcoin?
But why do we need bitcoin?
First it depends on the person if he sees the need in bitcoin of not. As for me, bitcoin is such a big help. Transactions without others involvement. Can be an investment for your future. A way to earn profit.
Just like you, others may not see the purpose of bitcoin but un the future, people will realize its benefit. Bitcoin being too early that's why others still can appreciate it.