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Author Topic: Bitcoin using or need! Vs stable coins  (Read 1150 times)
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October 27, 2019, 03:41:05 PM
 #61

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 agree with your opinion about bitcoin under any circumstances bitcoin is a coin that has persisted until now the belief of investors makes an interest in investing with cryptocurrency and of course the development of cryptocurrency will develop and profits will be obtained by investors who invest

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October 28, 2019, 01:13:50 AM
 #62

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 agree with your opinion about bitcoin under any circumstances bitcoin is a coin that has persisted until now the belief of investors makes an interest in investing with cryptocurrency and of course the development of cryptocurrency will develop and profits will be obtained by investors who invest
I am sure the future of bitcoin will be useful in the future because we see that over the years bitcoin has improved quite well, and I think many investors are now buying bitcoin for their investment needs because, in my opinion investing in bitcoin is very promising to see year after year .
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October 28, 2019, 03:07:29 AM
 #63

Why we need bitcoin is because bitcoin is the foundation of all cryptocurrency. If bitcoin didn't exists, no smart contracts could be created, no new exchanges will be formed, no stable coins will be there. For some purposes, stable coins are better, but in terms of market investment, bitcoin is what we need, and the reason why market is lively, is because of the investors who trust BTC. Let's take for example this activity that we are doing. We trade, and when the bitcoin market price declines, we use stable coins to save our assets. In that case, there's no reason to compare Bitcoin and stable coins as we need them both, but to take into considerations, bitcoin is quite at the top compared to stable coins.
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October 28, 2019, 09:25:52 AM
 #64

Funny that you are well aware of the nature of bitcoin but you don't understand it.
To answer your question why would need btc and how to use it, read the whitepaper first. It'll answer your questions.
There is a profit from bitcoin. Bitcoin is a risk! More risk, more profit. If you're afraid of risk, then bitcoin is not for you.
Who need bitcoin? Us. people seeking for freedom from manipulative banks and governments.
Also there are some aspects that stable coins don't have but bitcoin has.
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October 28, 2019, 09:53:13 AM
 #65

nowadays there are a lot of troubles with us dollars money transfers between companies.
maybe it is because of sanctions or money clearance, or weapons traders or I do not what ever more reasons exist, but the problem is there
you may give to bank all necessary invoices and papers, make the transfer and wait 1 month money to come to other party!! One, damn, month!
I guess to counter such cases - people may have to need bitcoin!

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October 28, 2019, 10:07:16 AM
 #66

nowadays there are a lot of troubles with us dollars money transfers between companies.
maybe it is because of sanctions or money clearance, or weapons traders or I do not what ever more reasons exist, but the problem is there
you may give to bank all necessary invoices and papers, make the transfer and wait 1 month money to come to other party!! One, damn, month!
I guess to counter such cases - people may have to need bitcoin!



Transactions between companies are a little bit more complex. In my experience many of those papers are for important things & AML procedures are nothing to kid about. However a month is totally exagerrated unless there were some serious iregularities with where the money came from. International bank transfers shouldn't take more than 3-5 working days nowadays.
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October 28, 2019, 10:11:39 AM
 #67

nowadays there are a lot of troubles with us dollars money transfers between companies.
maybe it is because of sanctions or money clearance, or weapons traders or I do not what ever more reasons exist, but the problem is there
you may give to bank all necessary invoices and papers, make the transfer and wait 1 month money to come to other party!! One, damn, month!
I guess to counter such cases - people may have to need bitcoin!



Transactions between companies are a little bit more complex. In my experience many of those papers are for important things & AML procedures are nothing to kid about. However a month is totally exagerrated unless there were some serious iregularities with where the money came from. International bank transfers shouldn't take more than 3-5 working days nowadays.

If there is nothing the agencies found to be more than interesting. But unfortunately there is always something more than interesting. And they would want to know more. They need more documentations and papers and evidences. And they need more time.

Bitcoin will make the transaction finished in a matter of minutes, hours at the most if the network is busier than usual.
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October 28, 2019, 10:17:15 AM
 #68

With the history of bitcoin, you are still asking who need bitcoin? Bitcoin has a high sale value. Who benefits and who loses you already know that, because in general crypto trading is a zero sum game. Although in reality the concept of stable coin has a higher value in terms of transactions, this concept will have no benefit if no one accepts alternative crypto payments.

Maybe he's a doubt that bitcoin can increase so high in the future, so he asks about who needs bitcoin. I need bitcoin, and I am sure other people need bitcoin too. As long as we want to make money from bitcoin, we will need bitcoin. I think stable coins can be used for the payment system as we see that the stable coin price is not too volatile, so we can pay without confusing the changing of the price every time we paid. I don't think that bitcoin will lose the power to increase because as long as many people still use bitcoin to make money, we will always use bitcoin because we need bitcoin.

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October 28, 2019, 11:00:13 AM
 #69

Bitcoin is a self-sufficient currency in itself. If you compare it with any other types of fiat funds or stable coins, then the main advantage of Bitcoin is that it does not get bigger,
it cannot be printed or more coins can be created than can be created initially. This means that the value of Bitcoin, due to deflation, can grow, in contrast to the dollar, the value of which is falling inflationarily.

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October 28, 2019, 04:55:05 PM
 #70

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.

- snip -

Bitcoin is used as a medium of exchange, which is:
- Decentralized, is a system that is not controlled by a particular party
- Transparent, all can access and validate
- Fast, realtime knows no special hours of operation
- Transaction costs are cheaper than cross border transactions
- The system is independent and is not influenced by government policy

"WHO needs Bitcoin and Why will anyone use Bitcoin?
Because there is a need for facilities offered by bitcoin, namely individuals and groups who want to transact quickly, anytime, anywhere at a low cost. Initially, bitcoin is just a digital asset that has no value or very low value, with the technology and facilities provided the demand is high. From this high demand we can draw the conclusion that bitcoin is in demand either as an asset, as a transaction tool or as an investment tool.

If we have stable coins wich you can transfer around the world all ready instantly and they are stable. Which one will we choose?

I would choose bitcoin because:
- Bitcoin is the pioneer when bitcoin survives means bitcoin is qualified
- Stable coins are centralized so they must be exclusive, not all of them will adopt.
- Screening is needed for the body that launches the stable coin

There is no clear way to predict the price of BTC either. Losers see weakness as a problem while investors see weakness as an opportunity, in every situation always trying to get a profit.

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October 28, 2019, 11:27:30 PM
 #71

Bitcoin is a new way for transfer a value in my opinion bitcoin is like gold but the option now is to buy it with real money or mining it investing money on equipment. There are a lot of people and companies who want bitcoin, because 1 is not reversibile once is sent and confirmed and 2 because is the most secure system of transfer money at this time.
If your statement is right then we may see "bitcoin accepted here" on shops but this is not really right though,yes people interested in bitcoin but compared to tatal population the interested people is no where to be considered,but lot of them knew about bitcoin but sadly in the wrong way as hacker's money,laundering tool,etc.
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October 29, 2019, 12:51:00 AM
 #72

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? 


Bitcoin is pretty much more dense than stable coin. Bitcoin may sound selfish but it provides more convenient than stabe coin which has been standardized by fiats. Taxless living, sky-rocketted profit is what Bitcoin possesed in which on the other hand stable coins are not. Besides, investments in Bitcoin although has the higher risk than the other one, is pretty much more fun to play though your money would be going all high and low waves.

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October 29, 2019, 12:57:06 AM
 #73

WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
Ignoring the pretty bad English, it's pretty easy to answer this question. People who share views and want a world where the government isn't always in control of their money, and bitcoin offers this with their decentralization model.

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.
That's what makes it very interesting to the population, and how a lot of people made and lost a lot of money. A lot of investors are interested in this very risky investment.

Year 2020 who need?  And who Will be using Bitcoin year 2025 Huh 
The same people who are using it now due to decentralization, they will be using it all the way until it becomes obsolete or if there is a better option out there.

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October 29, 2019, 12:10:36 PM
 #74

Bitcoin is a self-sufficient currency in itself. If you compare it with any other types of fiat funds or stable coins, then the main advantage of Bitcoin is that it does not get bigger,
it cannot be printed or more coins can be created than can be created initially. This means that the value of Bitcoin, due to deflation, can grow, in contrast to the dollar, the value of which is falling inflationarily.
The reason behind this is the uncontrollable nature of bitcoin. Now governments control fiat and paper money. So they would print more currency whenever needed for own benefit, without thinking about the public, Bitcoin is exact opposite. It helps people in trustworthy ways and cannot be controlled at all. Bitcoin is the best one among all the assets so far the world has been introduced to.

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October 29, 2019, 01:28:25 PM
 #75

Bitcoin is a new way for transfer a value in my opinion bitcoin is like gold but the option now is to buy it with real money or mining it investing money on equipment. There are a lot of people and companies who want bitcoin, because 1 is not reversibile once is sent and confirmed and 2 because is the most secure system of transfer money at this time.
If your statement is right then we may see "bitcoin accepted here" on shops but this is not really right though,yes people interested in bitcoin but compared to tatal population the interested people is no where to be considered,but lot of them knew about bitcoin but sadly in the wrong way as hacker's money,laundering tool,etc.
There are few shops whether it is local or international that are slowly integrating cryptocurrency payment as one of their payment method and that is a good sign that the people around the world are getting serious about it. The illegal stuff that we are facing with the cryptocurrency are normal because even in the world of fiat currencies, they are also being used like that.
IMO,shops are not ready to accept it because the price changes make them to be in loss from their profit in no time but on other sectors its being accepted but not in a great way yet other than the trading and speculative asset.
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October 29, 2019, 07:38:16 PM
 #76

Okay... But Why we need cryptocurrency?
Why we need?  Other then just speculation...?

We Can't really use it without comparsion with fiat.. Coz fiat currency gives us Price of crypto currency..


But I Still asking Why we need crypto? 
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October 30, 2019, 06:05:39 AM
 #77

Bitcoin is for a profit which you have to play with your mind along together with chart of the market. Unlike stable coins or fiats in which you are half sure that in the end you'll gain your profit. Though it is for people who want more less risk and secured income in return. And crypto currency doesn't fit for that besides even though it has higher risk it is for sure your gain if you'll do your thing all too well.

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October 30, 2019, 07:51:33 AM
 #78

In 2025, a lot of people will use bitcoin. Many private investors will decide to invest in this coin to preserve their savings. It is already happening in countries with high inflation, such as Argentina or Venezuela
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October 30, 2019, 08:07:26 AM
 #79

Bitcoin is no longer considered by serious investors as a means for payments. It is rather seen as a means to accumulate capital, to preserve it from inflation and devaluation. Also, Bitcoin has a very unstable rate and is now more popular with speculators. For everyday calculations, people need a stable coin. Only in this case, it can gain high popularity and be accepted by the community as ordinary money for shopping.

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October 30, 2019, 09:00:36 AM
 #80

I don't necessarily need Bitcoin but I use it. I don't know if stable coins can beat Bitcoin in terms of usage or volume per day but one thing I know is that all this cryptocurrency has their own use depending on how people understand their platforms.

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