If Bitcoin had a stable price, would it still be as popular?

[butcherboss]

Well if bitcoin had a really stable price like you said then the people who are into bitcoin just for the sake of investment would leave because if there is no rise then no profit hence no use in investing. But a stable price may have its own benefits like bigger companies may start accepting bitcoins just because of the stable price. Traders who are into bitcoins just for trading would also leave with a stable price.

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[hase0278]

If bitcoin had a stable price, maybe it would still be as popular as it is today. In fact, in my opinion it might be more popular than it is today since many merchants will accept it as payment because the risk of losing money because of price fluctuation will decrease and because of many merchants accepting it, many will use bitcoin. On the other hand, those who are in bitcoin for the sake of investment will not use bitcoin since it might not be as profitable as it is today if it had a stable price.

[ethereumhunter]

Well if bitcoin had a really stable price like you said then the people who are into bitcoin just for the sake of investment would leave because if there is no rise then no profit hence no use in investing. But a stable price may have its own benefits like bigger companies may start accepting bitcoins just because of the stable price. Traders who are into bitcoins just for trading would also leave with a stable price.

not really, i think if traders see stable price and they think that they can not make profit with trading bitcoin-fiat, i think they will trying to trading bitcoin-altcoin or they can trying another way to continue trading. there are many option to make profit not just for trading bitcoin-fiat but with trading bitcoin-altcoin.

[crairezx20]

Well if bitcoin had a really stable price like you said then the people who are into bitcoin just for the sake of investment would leave because if there is no rise then no profit hence no use in investing. But a stable price may have its own benefits like bigger companies may start accepting bitcoins just because of the stable price. Traders who are into bitcoins just for trading would also leave with a stable price.

not really, i think if traders see stable price and they think that they can not make profit with trading bitcoin-fiat, i think they will trying to trading bitcoin-altcoin or they can trying another way to continue trading. there are many option to make profit not just for trading bitcoin-fiat but with trading bitcoin-altcoin.

Bitcoin honestly it is not always stable since bitcoin is unpredictable the movement of the price is always changing. staying in bitcoin to fiat is a less risk to make a profit than trading in altcoin and i think it is more good to stay in bitcoin to fiat..

[lionheart78]

Well if bitcoin had a really stable price like you said then the people who are into bitcoin just for the sake of investment would leave because if there is no rise then no profit hence no use in investing. But a stable price may have its own benefits like bigger companies may start accepting bitcoins just because of the stable price. Traders who are into bitcoins just for trading would also leave with a stable price.

not really, i think if traders see stable price and they think that they can not make profit with trading bitcoin-fiat, i think they will trying to trading bitcoin-altcoin or they can trying another way to continue trading. there are many option to make profit not just for trading bitcoin-fiat but with trading bitcoin-altcoin.

Bitcoin honestly it is not always stable since bitcoin is unpredictable the movement of the price is always changing. staying in bitcoin to fiat is a less risk to make a profit than trading in altcoin and i think it is more good to stay in bitcoin to fiat..

the one you qouted wanted to say that trading with bitcoin is still available even if the fiat - bitcoin trades is in a stale.  Which I agree that there is always another way to trade bitcoin which involves altcoin, gold and other stocks aside from fiat. 

If bitcoin had a stable price, maybe it would still be as popular as it is today. In fact, in my opinion it might be more popular than it is today since many merchants will accept it as payment because the risk of losing money because of price fluctuation will decrease and because of many merchants accepting it, many will use bitcoin. On the other hand, those who are in bitcoin for the sake of investment will not use bitcoin since it might not be as profitable as it is today if it had a stable price.

In my opinion, if bitcoin price become stable, merchant that are hessitant because of the High volatility will now then embrace bitcoin followed by mass user adoption.

[asdin66fa]

If bitcoin has a stable price, I think it will not be popular. Many people choose to invest in bitcoin, one of the reasons is because of its price changes, bitcoin price changes also affect the price of other digital currency. Once the price is stable, there is no investment significance.

[noormcs5]

I think it would have been more popular than it is being unstable .because proabability of
unstability is zero,so it says that the bitcoins would not be there tomorrow ,so its better if
bitcoins price comes to a stable , but it would not happen no sooner.

I agree with you mate, because non currency whether it is crypto or fiat that is stable value, it changes every second.
we can't feel but it changes even a bit..

[posternat]

If bitcoin has a stable price, I think it will not be popular. Many people choose to invest in bitcoin, one of the reasons is because of its price changes, bitcoin price changes also affect the price of other digital currency. Once the price is stable, there is no investment significance.

Yes, bitcoin will be popular but not in the value the OP declared because I know it will never happen
because of the demand now of bitcoin in this industry

[noormcs5]

If bitcoin has a stable price, I think it will not be popular. Many people choose to invest in bitcoin, one of the reasons is because of its price changes, bitcoin price changes also affect the price of other digital currency. Once the price is stable, there is no investment significance.

Yes, bitcoin will be popular but not in the value the OP declared because I know it will never happen
because of the demand now of bitcoin in this industry

But we cannot deny the fact of the rising of it since it is being popular now,
so the value of it continuously increasing.

[Achargeturry78]

If bitcoin had a stable price, maybe it would still be as popular as it is today. In fact, in my opinion it might be more popular than it is today since many merchants will accept it as payment because the risk of losing money because of price fluctuation will decrease and because of many merchants accepting it, many will use bitcoin. On the other hand, those who are in bitcoin for the sake of investment will not use bitcoin since it might not be as profitable as it is today if it had a stable price.

Nope it will not be as popular as it is today, In fact traders are getting profit in bitcoin which bitcoin is not stable the price how they can trade currencies using bitcoin if the price would still the same? And Merchants are going to think first before they going to accept bitcoin as payment coz it is not would be a stable price.

[deisik]

Well if bitcoin had a really stable price like you said then the people who are into bitcoin just for the sake of investment would leave because if there is no rise then no profit hence no use in investing. But a stable price may have its own benefits like bigger companies may start accepting bitcoins just because of the stable price. Traders who are into bitcoins just for trading would also leave with a stable price.

not really, i think if traders see stable price and they think that they can not make profit with trading bitcoin-fiat, i think they will trying to trading bitcoin-altcoin or they can trying another way to continue trading. there are many option to make profit not just for trading bitcoin-fiat but with trading bitcoin-altcoin.

Bitcoin honestly it is not always stable since bitcoin is unpredictable the movement of the price is always changing. staying in bitcoin to fiat is a less risk to make a profit than trading in altcoin and i think it is more good to stay in bitcoin to fiat..

the one you qouted wanted to say that trading with bitcoin is still available even if the fiat - bitcoin trades is in a stale.  Which I agree that there is always another way to trade bitcoin which involves altcoin, gold and other stocks aside from fiat

There wouldn't be any issues with fiat either

If Bitcoin price volatility decreases to a level of major fiat currencies (e.g. dollar or euro), we could expect emergence of Bitcoin derivatives such as futures and options. These are basically used to multiply the volatility of the underlying asset, if someone is not quite happy with it. And it is mathematically impossible that the volatility of Bitcoin could decrease any more than the volatility of the currencies in which Bitcoin itself is priced. In this way, any claims that Bitcoin will be unpopular if its price stabilizes are not founded on any real evidence

[deadpoolx]

If bitcoin has a stable price, I think it will not be popular. Many people choose to invest in bitcoin, one of the reasons is because of its price changes, bitcoin price changes also affect the price of other digital currency. Once the price is stable, there is no investment significance.

High volatility is indeed an incentive to attract speculators, and these speculators, for having a good source of profit, strive to promote Bitcoin as a solution for many problems... but regardless of speculators and price volatility, Bitcoin would still be popular as it would continue to solve problems that devastate the economies of many countries.

[MMA]

No I do not think it would be so popular as it is right now because no one would invest in something too stable, no fast profits.

Fewer investors, that's true, maybe they won't see any potential in Bitcoin if they don't see any good price movement, but as a currency, it could still become popular, and maybe if people sees it like that, as a currency or a substitute to money, the price might not be rolling up and down like it is today.

There are different type of investors, what you are talking is that an investors who are just hoarding bitcoin and to be honest with you it's only good for them when the price will increase because of the demand. But when the price will be stable, it's a different investor will come in and I think big merchants will be happy to serve the adopters as they are not afraid anymore to gamble with their business.

That's what I am saying, merchants would not hesitate to try bitcoin if the value isn't moving too much, they won't be seeing a scary price chart and no one will create a news that "bitcoin is dead" that could drive merchants away, which I really think could make them feel at ease to accept bitcoin.

I don't think the fluctuating price of bitcoin would scare to many merchants off anymore if they just looked into the options available to them.
Some online wallets that offer merchant service will allow them to hedge the bitcoins they receive against the local or US dollar.

Maybe the reason then is due to lack of government compliance, bitcoin is not regulated so they might be afraid for possible problem that may arise in the future, like ruining the reputation of their name or possibly stoppage of business.

as we can see that still in present time, when bitcoin is still not a legal currency, but people are using it very comfortably, therefore to me hope that in future the legalization problem will be solve by the government and people will use bitcoin more comfortable as compare to present time.

[Shenzou]

The only reason why people are not switching to bitcoin or investors putting their money on it is that bitcoin is unstable it can drop down at any minute and it can go up so high and that is why bitcoin is still not being used by many and that is why it is still growing in price , so in the future if bitcoin becomes stable it will be more popular and this only means that its price is gonna go down

[angaper]

Without a doubt my friend, because in fact it would be an optimistic signal that it is possible to carry out  transactions in this coin without risks of facing excessive volatility that could generate sudden losses to the businesses interested in adopting the bitcoin. And this massive acceptation of the btc would prompt more people to approach the bitcoin ecosystem.

[EdenHazard]

If bitcoin had a stable price, maybe it would still be as popular as it is today. In fact, in my opinion it might be more popular than it is today since many merchants will accept it as payment because the risk of losing money because of price fluctuation will decrease and because of many merchants accepting it, many will use bitcoin. On the other hand, those who are in bitcoin for the sake of investment will not use bitcoin since it might not be as profitable as it is today if it had a stable price.

Nope it will not be as popular as it is today, In fact traders are getting profit in bitcoin which bitcoin is not stable the price how they can trade currencies using bitcoin if the price would still the same? And Merchants are going to think first before they going to accept bitcoin as payment coz it is not would be a stable price.

hard actually to make a speculation on something like this , it is possible to see the bitcoin price stuck at a stable price i mean a normal price movement like what popular currency did go up and down below 1% only in long time.

the investors and traders are indeed got a lot of advantage with bitcoin volatile , but with stable price i think bitcoin will remain popular as now.

[d5000]

I think it would not be as popular as today. Many people are using it actually as a speculation object. But a more stable price would be beneficial for its long-term success.

At this moment, I think, we are still in a phase when a successful Bitcoin is expected to grow in acceptance, use, and that means that an increasing demand would drive up price and market cap. That means that price should go, basically, up; although there will be also bearish movements from time to time.

But it also means that there will be speculation bubbles. The community could only decide if it wants to limit these bubbles to a certain extent (like organizing profit taking and "stabilizing buys") but large speculators ("whales") will have their opportunities even in this (improbable) scenario.

So a Bitcoin with a stable price as of now is extremely difficult to achieve.

[buwaytress]

Another way to look at it is this: if prices of bitcoin goods remained the same or were stable in bitcoin value, regardless of the fiat value of bitcoin, then yes people would be more inclined to start using bitcoin.

This is true with fiat, where a euro might buy the same value of goods in europe regardless of its value against the dollar, for example.

I don't want to use bitcoin if it costs me 0.01 btc to buy hosting this month but costs 0.05 next month.

[vasrasus]

Another way to look at it is this: if prices of bitcoin goods remained the same or were stable in bitcoin value, regardless of the fiat value of bitcoin, then yes people would be more inclined to start using bitcoin.

This is true with fiat, where a euro might buy the same value of goods in europe regardless of its value against the dollar, for example.

I don't want to use bitcoin if it costs me 0.01 btc to buy hosting this month but costs 0.05 next month.

True . I think if it have a stable value then many people might use it too. Possibilities may always happen though its increasing its value it may also goes down to its value before. Doubts of new users were about that because btc is not stable.

[boyptc]

Without a doubt my friend, because in fact it would be an optimistic signal that it is possible to carry out  transactions in this coin without risks of facing excessive volatility that could generate sudden losses to the businesses interested in adopting the bitcoin. And this massive acceptation of the btc would prompt more people to approach the bitcoin ecosystem.

Have you tried to imagine if bitcoin has stable price the same as fiat people will use it? I guess no, people are going to remain using with fiat because they have just the same value and with bitcoin, it makes just like a fiat that has been digitized. But because of bitcoins stability that is making its investors to be attracted, not with its stable price.