Post
Topic
Board Bitcoin Discussion
Re: If BTC were to permanently freeze at one price , would you buy ?
by
hulla
on 13/02/2021, 21:44:14 UTC
So let's say BTC was to be absolutely frozen from here on at todays price ,would you still buy?

I don't think BTC was intended as the speculation tool it has turned into .
Firstly, no cryptocurrency will forever be frozen at one price (and that includes stablecoins) because we are dealing with a volatile market, which automatically makes Bitcoin to be speculation tool.
To answer your question, if Bitcoin froze at one price, I will still buy it cause it will increase in price after the total 21million is reach.

Who on here regularly makes purchases using BTC ? 
People said for Bitcoin to be seen as currency we have to use it as one in our daily activities which I believe is the truth but if we look into the opportunities that could be miss using Bitcoin regularly for purchase, it will be a naive decision to use Bitcoin to purchase regularly.
Having said that, I don't use Bitcoin regularly to purchase.