iMark
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October 26, 2019, 06:07:43 AM |
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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. Yeah, they can't interpret that so when prices fall, then their alarm will ring and panic time starts. they are too focused on bitcoin prices that down quickly, without considering the "value" of bitcoin which is still very worth, even though that the reason why bitcoin will back raise.
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Pamadar
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October 26, 2019, 06:13:38 AM |
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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.
More on it's investment side and there's no clear side in regards to daily usage, people around this market do still have the mindsets that this investment currency will be a good token for store assets value, there's no specific that it will be for transacting even the real intentions of bitcoin is to help providing much quicker transaction process. Though there's also good insight that blockchain system will be adopt by bigger countries, the use of crypto can be develop much further,.
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Google+
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October 26, 2019, 07:05:54 AM |
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I don't think bitcoin can be a stable coin because bitcoin will always have up and down price movements that will never make the price of bitcoin stable, indeed in the future nobody will know that bitcoin can still be used or not but you should know that bitcoin is still potentially good for the future.
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Vishnu.Reang
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October 26, 2019, 07:34:11 AM |
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I don't think bitcoin can be a stable coin because bitcoin will always have up and down price movements that will never make the price of bitcoin stable, indeed in the future nobody will know that bitcoin can still be used or not but you should know that bitcoin is still potentially good for the future.
We are not discussing the possibility of Bitcoin exchange rate becoming stable (which is obviously not possible due to its nature). We are debating whether the stable coins such as USDT and TUSD will be able to overtake Bitcoin in terms of popularity. And I don't think that it is ever going to happen. USDT and TUSD exists because of Bitcoin. They will be worthless if Bitcoin goes down.
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sana54210
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October 26, 2019, 03:16:59 PM |
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I need bitcoin like hell more than I need those stable coins, because stable coins are of no use to me, I can't even use them to trade to make money because they have zero volatility and the only thing they are just useful for is to make payment and if you look at the market now, how many people are only concerned about the payments of cryptocurrency?
People are holding cryptocurrency more as asset, some are using it to trade and some uses bitcoin in particular to make transaction for privacy purpose which you too know that most stable coins are centralized coin and they can easily be traced by anyone while bitcoin is quite hard to be traced giving the user sense of belonging and security over his or her fund, and also reducing cost of transaction for him or her.
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hahay
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Leading Crypto Sports Betting & Casino Platform
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October 26, 2019, 04:44:47 PM |
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Not like that, even though the price is decreasing but you won't really lose money because even though the price is going down but at least bitcoin still has value that is even very worthy. So anyone who needs bitcoin basically has realized this is a future money that has good potential for a profit in its use, we don't always make a benchmark of unstable prices, because prices are rising and falling rapidly in this cryptocurrencies market is a advantage for traders to get a good profit.
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Pearls Before Swine
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October 26, 2019, 04:50:59 PM |
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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.
That encapsulates my feelings about bitcoin to a T. I rarely spend bitcoin on things that I can pay for with my debit card or with cash, and I never considered bitcoin to be a good currency because of its crazy volatility. However, if the world ever had a banking crisis like the one we had 10 years ago, and if the fiat system failed completely, there would be a dire need for a currency like btc. Right now, tho, its much smarter to use fiat to buy things with and to hodl btc. And I think nearly everyone is doing just that. There is little need for stable coins in my opinion, except as a substitute for cash on exchanges. They don't offer an advantage over simply holding cash, and it isn't like any stores are accepting USDT or any of the others. They're more or less useless in my mind.
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Obito
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October 26, 2019, 04:59:08 PM |
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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.
I don't think we need to sit at each other once. As stable that are standardized with fiats and bitcoin who is independent in anything besides to market demands. Both each other has a different solely purpose in community, although bitcoin has a higher probability of profit with a higher probability of loss on the other side, neither of the two are good nor better at each other because they both have shortcomings.
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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October 26, 2019, 05:18:49 PM |
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The point of Bitcoin isn't stability. Bitcoin and other cryptocurrencies are alternative to traditional fiat currencies that are usualy stable. Cryptocurrencies are another way of economy and another way of financies that are for people who don't want to be dependent on traditional financial institutions and tools. The fact that Bitcoin is volatile, so not stable, gives the chance for profit. But not everyone likes cryptocurrencies and they are not for everyone, that is why every one of us can choose what suits us the best.
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lionheart78
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October 26, 2019, 05:20:44 PM |
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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.
If you are to use stable coins then why not just use fiat currency at least they are the real one not like these stable coin that pretends to be a USD or any fiat currency. Who needs stable coins anyway, at least with Bitcoins you have an opportunity to profit. Losing and gaining depends on your skill on gathering information and prediction.
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Oceat
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October 26, 2019, 05:37:04 PM |
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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.
I don't think we need to sit at each other once. As stable that are standardized with fiats and bitcoin who is independent in anything besides to market demands. Both each other has a different solely purpose in community, although bitcoin has a higher probability of profit with a higher probability of loss on the other side, neither of the two are good nor better at each other because they both have shortcomings. If you have a background of trading I think you can manage to minimise your losses. You might handle your risk well without any worries if you know what you are doing. Bitcoin is not just for trading it is also used for investment or as a digital currency to be used for any transaction. While stable coins is just the same as fiat but the difference is it's digital money.
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3996
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Wysi
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October 26, 2019, 05:53:10 PM |
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I don't think bitcoin can be a stable coin because bitcoin will always have up and down price movements that will never make the price of bitcoin stable, indeed in the future nobody will know that bitcoin can still be used or not but you should know that bitcoin is still potentially good for the future.
I personally feel that bitcoin will always be there in the market and it will be used widely due to its market dominance but it should upgrade the features as news coins are coming up with much more features and quick transaction timing compared to bitcoin. We can never expect bitcoin to become stable coin and stable coins will be used by those who wants to do daily transactions without any fluctuations in the price as stable coins cannot be used for investment like bitcoin.
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ChrisPop
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Not your Keys, Not your Bitcoins
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October 26, 2019, 06:08:09 PM |
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Why do you need fiat? To use them as a mean of payment. But we have a problem with fiat as it is centralised, controlled by governments, and they inflate it as much as they want. I hope you are aware of the huge, enormous, gigantic - you name it - debt that United States have. And not only them but all the countries in the world suffer from heavy inflation of their money. 1%-5% of your fiat holdings are going to garbage. In 10 years that could be more than a quarter of your dear savings. We need a currency that combines the store of value function with a more convenient and efficient payment method and Bitcoin does all of that for us and even more. I Why keep fiat if we have a better method to make payments? - that should be the question.
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the rise
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October 26, 2019, 06:41:54 PM |
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If the stable coin you mean is USD, you are better suited to discuss it on the forex forum, bitcoin has its own characteristics. And if you mean usdt (tether), this coin is also very active in btc and alt price pairs. although price refers to the original dollar, tether cannot stand alone especially if it is used for alt trading whose daily charts still depend on btc.
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Visbay
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October 26, 2019, 08:07:52 PM |
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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. That’s true stable coins are not better than bitcoin because we know the bitcoin is the best coin which has good name in the crypto market and stable coins are useless as they don’t change the price but remain at the same price for years. I think the best coin is bitcoin which has no comparison in the world and it is a highly good coin.
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ahyadinnn
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October 27, 2019, 12:11:05 AM |
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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.
If you are to use stable coins then why not just use fiat currency at least they are the real one not like these stable coin that pretends to be a USD or any fiat currency. Who needs stable coins anyway, at least with Bitcoins you have an opportunity to profit. Losing and gaining depends on your skill on gathering information and prediction. true, we are looking for profits from bitcoin prices that go up and down if we buy stable coins for what because stable coins prices will remain and not change so how do we get profit from stable coins
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meliodas
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CryptoTalk.Org - Get Paid for every Post!
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October 27, 2019, 01:45:34 AM |
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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.
If you are to use stable coins then why not just use fiat currency at least they are the real one not like these stable coin that pretends to be a USD or any fiat currency. Who needs stable coins anyway, at least with Bitcoins you have an opportunity to profit. Losing and gaining depends on your skill on gathering information and prediction. true, we are looking for profits from bitcoin prices that go up and down if we buy stable coins for what because stable coins prices will remain and not change so how do we get profit from stable coins Stable coins are just useful when you are actively trading cryptocurrencies because that is where you will stay when the market is not doing well because you want stability and you don't want to lose money due to volatility. But in overall, cryptocurrencies are much better than stable coins because of the things that it has that the stable coins don't have.
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bhabygrim
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Best Bitcoin Casino www.coinsaga.com
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October 27, 2019, 03:25:25 AM |
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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!
Yes it is the risk in investing on BTC it could give us profit or it could take our money, And it is why most of us choose it rather than stable coins, We believe that the price would grow unlike in stable coin they would remain the same.
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inanilujimi
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October 27, 2019, 07:01:47 AM |
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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 want a stable altcoin better invest in gold or land. bitcoin is not for weak people like you. if you don't like bitcoin, you can stay away from it. for me the fluctuations that can attract enthusiasts to continue investing in bitcoin. do you know how long bitcoin has lasted from someone like you ?? Ten years have already existed and bitcoin will never collapse.
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Baby Dragon
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OWNR - Store all crypto in one app.
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October 27, 2019, 07:33:50 AM |
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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 want a stable altcoin better invest in gold or land. bitcoin is not for weak people like you. if you don't like bitcoin, you can stay away from it. for me the fluctuations that can attract enthusiasts to continue investing in bitcoin. do you know how long bitcoin has lasted from someone like you ?? Ten years have already existed and bitcoin will never collapse. Indeed, if that is his/her opinion then we totally respect it because it depends on your perception and level of understanding.We are not underestimating the power and capabilities of stable coins but bitcoin is also beneficial, also it has changed the lives of many of us for the past years and it makes the life of some of us a lot better. We don't have to waste our time making people understand how bitcoin is such an amazing blessing and an opportunity for some of us. If that is what some of you are thinking then let be it, we are not forcing you to accept or even use bitcoin because it depends on you. We need bitcoin because it gives us some opportunities to invest and earn profits but just like any other investment, its not easy but we are patient enough that's why we are able to earn profit.
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