Post
Topic
Board Bitcoin Discussion
Re: Would you still use Bitcoin if price would be stable for years?
by
angaper
on 18/02/2017, 20:25:22 UTC
I think most users are involved in Bitcoin not because they belief in the technology, but because they hope the price will go thru the roof. So let us say the price would be at $900 for the next 50 years.
Would you still use and buy Bitcoin or would you leave?

EDIT: Poll added!
Yes I will keep using bitcoin in fact having a stable price will be great since I will not have to worry to leave my coins in my wallet for a long time and that the price tanks or something so it will be one less thing to worry about, and that will probably incentive business to accept bitcoin and keep the bitcoin instead of selling it right away.

yes using bitcoin with stable price will be good if you want to store it in the bitcoin wallet. for now having bitcoin with this volatile movement will just let you earn or you will have some troubles from it as it can go down the value. having stable price of bitcoin is good because it can be used by many because of the feauture that having that stable price.
Achieving a stable price for long period should not have a negative effect in the bitcoin economy, on the contrary it would be very beneficial to impulse a better adoption for more economic agents. But a stable price does not mean a total lack of move in the bitcoin behavior, a stable price also involves less volatile pumps and dumps, not beyond 2-3% in a daily basis, as fiat currencies.