Quote from: umaOuma on August 16, 2016, 06:31:10 PM

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Quote from: ironstove on August 16, 2016, 10:53:24 AM

Biggest problem in using bitcoin is in price instability, this is factor that is stopping many companies and big investors to use bitcoin.if price become stable then more players will join bitcoin.

I'm very agree with you. The price of bitcoin is really big problem for bitcoin, because the price can easily increase and decrease. For some people it's not good for investment.

I think you should take advantage of price volatility by making quick profits, because traders loves this situation and they keep on grabbing profits even with small fluctuations.

Exactly, I am a trader and I make best use of price fluctuations, and if bitcoin gets stable in future then I would be really not interested in investing my money into it as it will never give me quick profits.

Yes with like a calm sea in bitcoin not moving anymore, I would not stay too. There will be no excitement anymore. This risks that are happening and the patience in waiting if it will go up is what makes me feel good and monitoring it.

Just as long as I am still making profits with bitcoin, I am staying. I will only leave if ever I feel like I would not profit from it anymore now, or in the future.
The biggest problem for me with bitcoins right now is the number of physical stores available in our area since there is actually none close.

Yup bitcoin is not widely accepted at a moment and that is a big problem that we all are facing at a moment but may be things will change in future.

It should be change because bitcoin is always changing and more companies are accepting bitcoin as payment.. more adoption more price value will come in bitcoin..