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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
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December 29, 2016, 03:58:54 AM
 #1161

I think it would still be popular than any other thinh .because it is nowadays very easily available and the transactions all over the globe is very easy and quite quick
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December 29, 2016, 04:36:08 AM
 #1162

I think it would still be popular than any other thinh .because it is nowadays very easily available and the transactions all over the globe is very easy and quite quick

yep its still popular but we need to promote bitcoin so other people will know what the benefit of bitcoin and they will use bitcoin too like us. but i wonder how much bitcoin price will reach a stable price because from now on, the price is getting rally for the higher price and i still don't know when bitcoin has reach the stable price.

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December 29, 2016, 04:48:32 AM
 #1163

I think it would still be popular than any other thinh .because it is nowadays very easily available and the transactions all over the globe is very easy and quite quick

yep its still popular but we need to promote bitcoin so other people will know what the benefit of bitcoin and they will use bitcoin too like us. but i wonder how much bitcoin price will reach a stable price because from now on, the price is getting rally for the higher price and i still don't know when bitcoin has reach the stable price.
well this fluctuation really attract more investors as we seen from time to time that the price really rallying up, if ever the price got stable might be possible that it will continue to be use especially for those business persons who really like easy transaction and fast like bitcoin transaction, still we need helping the community to be more popular and more and more users will be attracted to invest.
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December 29, 2016, 04:58:57 AM
 #1164

I think it would still be popular than any other thinh .because it is nowadays very easily available and the transactions all over the globe is very easy and quite quick

yep its still popular but we need to promote bitcoin so other people will know what the benefit of bitcoin and they will use bitcoin too like us. but i wonder how much bitcoin price will reach a stable price because from now on, the price is getting rally for the higher price and i still don't know when bitcoin has reach the stable price.

I don't think that bitcoin will ever be popular if it has stable price at all. Since many of the investors are loving the way how it goes before knowing that bitcoin has that price fluctuation. They took the risk that the possible money that they will invest with bitcoin has a chance to be gone because of its sudden price increase. It may not be popular but still there are people will use it because of its fast and cheaper transaction.

Bitcoin will become dull to the investors eyes once it become stable but it will become a golden opportunity for merchants to take advantage of the low volatility of Bitcoin if Bitcoin become stable.  I don't know why people can't see this side if bitcoin become stable.

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December 29, 2016, 09:17:56 AM
 #1165

I think it would still be popular than any other thinh .because it is nowadays very easily available and the transactions all over the globe is very easy and quite quick

yep its still popular but we need to promote bitcoin so other people will know what the benefit of bitcoin and they will use bitcoin too like us. but i wonder how much bitcoin price will reach a stable price because from now on, the price is getting rally for the higher price and i still don't know when bitcoin has reach the stable price.

I don't think that bitcoin will ever be popular if it has stable price at all. Since many of the investors are loving the way how it goes before knowing that bitcoin has that price fluctuation. They took the risk that the possible money that they will invest with bitcoin has a chance to be gone because of its sudden price increase. It may not be popular but still there are people will use it because of its fast and cheaper transaction.

I have already explained it a few times why the stable price of Bitcoin will actually contribute to its greater popularity in due course. Did you miss my explanation? If so, ask yourself which currency would vendors and merchants prefer to use, the one which constantly changes its value (i.e. Bitcoin right now) or the one which is rock solid (i.e Bitcoin in the future)? But keep in mind that value is not the same as price since price is actually the market balance of two values (e.g. Bitcoin vs the US dollar)...

In other words, price is what you pay, value is what you get

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December 29, 2016, 10:14:16 AM
 #1166

I think it would still be popular than any other thinh .because it is nowadays very easily available and the transactions all over the globe is very easy and quite quick

yep its still popular but we need to promote bitcoin so other people will know what the benefit of bitcoin and they will use bitcoin too like us. but i wonder how much bitcoin price will reach a stable price because from now on, the price is getting rally for the higher price and i still don't know when bitcoin has reach the stable price.

I don't think that bitcoin will ever be popular if it has stable price at all. Since many of the investors are loving the way how it goes before knowing that bitcoin has that price fluctuation. They took the risk that the possible money that they will invest with bitcoin has a chance to be gone because of its sudden price increase. It may not be popular but still there are people will use it because of its fast and cheaper transaction.

Bitcoin will become dull to the investors eyes once it become stable but it will become a golden opportunity for merchants to take advantage of the low volatility of Bitcoin if Bitcoin become stable.  I don't know why people can't see this side if bitcoin become stable.

I do not want to Bitcoin has become stable. Like the growth of its price. And the anonymity and fast transactions are not very important to me. I seem to have lost interest in it, if the price will stop growing
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December 29, 2016, 08:08:45 PM
 #1167

maybe, but even bitcoin being popular as the way it is,,tbh Gold is more valuable. need a mores reason to make Bitcoin as stable currency.the point is,,Bitcoin just likes a Season,,

you can not have stable price now bitcoin need to increasse at the same marketcap of gold to have the same stability as gold, but people will dump it for fiat anyway so does it matter if bitcoin is stable or not if they dump as soon as they have them?
yes that is good to say the price of bitcoin has still good potential to increase, therefore it is not going to stable so soon, i think still there is good opportunity to invest your money in bitcoin and make good profit.
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December 29, 2016, 10:48:51 PM
 #1168

For bitcoin had a stable price we wouldnt have the halving over it, soo all the coins would be already mined, i dont see it as an advantage, but the fact that bitcoin were traded at 1 dollar and lower from the begining, makes me believe it would be easy to have bitcoin shared with a lowe value, but the thing is people does are at bitcoin to make money, soo they like the volatilaty and is one of the main reasons people does invest and get into bitcoin nowadays.
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December 30, 2016, 02:37:02 AM
 #1169

For bitcoin had a stable price we wouldnt have the halving over it, soo all the coins would be already mined, i dont see it as an advantage, but the fact that bitcoin were traded at 1 dollar and lower from the begining, makes me believe it would be easy to have bitcoin shared with a lowe value, but the thing is people does are at bitcoin to make money, soo they like the volatilaty and is one of the main reasons people does invest and get into bitcoin nowadays.
Certainly we are dictating the price so definitely it will not be stable as our demand are not consistent and people with big amount of bitcoins will contnue to hold to make the price increase as what they wanted to see.

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December 30, 2016, 03:24:45 PM
 #1170

maybe, but even bitcoin being popular as the way it is,,tbh Gold is more valuable. need a mores reason to make Bitcoin as stable currency.the point is,,Bitcoin just likes a Season,,
I don't think gold is more valuable nowadays people are looking for bitcoin everywhere easy to sell easy to do transaction easy to send money world wide, Bitcoin is not like a season it always depend on the demand and people who will buy of bitcoin to pump it by it self.
it is wrong to say that gold has no value, i think that there is no doubt about the value of gold. gold is still a valuable element and people are using it for saving their assets. although bitcoin i also becoming more precious currency of the world but still we cannot ignore the importance of gold.
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December 30, 2016, 03:32:50 PM
 #1171

maybe, but even bitcoin being popular as the way it is,,tbh Gold is more valuable. need a mores reason to make Bitcoin as stable currency.the point is,,Bitcoin just likes a Season,,
I don't think gold is more valuable nowadays people are looking for bitcoin everywhere easy to sell easy to do transaction easy to send money world wide, Bitcoin is not like a season it always depend on the demand and people who will buy of bitcoin to pump it by it self.
it is wrong to say that gold has no value, i think that there is no doubt about the value of gold. gold is still a valuable element and people are using it for saving their assets. although bitcoin i also becoming more precious currency of the world but still we cannot ignore the importance of gold.
Gold is valuable but it is not a valuable investment nowadays. You can save money by buying gold but you can never have the profit from it. Bitcoin is definitely a true investment currently and if you want to have some decent profit from your salary, you should buy some Bitcoin Cheesy 

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December 30, 2016, 10:19:28 PM
 #1172

Not all the merchants and vendors are thinking that way as you think. Because there are still a lot of well known big vendors who are still not relying their business with bitcoin because of its stability.
It is with no doubt that the stability of bitcoin can help it get more and more popular, many investors have a hard time trying to invest in it because of how it is unstable on the long term, remember that the price got really high and then went up and that made investors scared to put a lot of money on it.
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December 30, 2016, 10:32:39 PM
 #1173

Not all the merchants and vendors are thinking that way as you think. Because there are still a lot of well known big vendors who are still not relying their business with bitcoin because of its stability.
It is with no doubt that the stability of bitcoin can help it get more and more popular, many investors have a hard time trying to invest in it because of how it is unstable on the long term, remember that the price got really high and then went up and that made investors scared to put a lot of money on it.
What is "hard" for one investor is a great and easy deal for another. Those looking for stability won't find it in Bitcoin, but what day traders are looking for is just the opposite. Also, why would you need stability when you have constant gain of value. Between 2014 and 2016 Bitcoin gained about 30% in price, so if you bought after the 2013 crash (or before it) and held, you gained 30 -50%. Not bad huh?

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December 30, 2016, 11:59:46 PM
 #1174

maybe, but even bitcoin being popular as the way it is,,tbh Gold is more valuable. need a mores reason to make Bitcoin as stable currency.the point is,,Bitcoin just likes a Season,,
I think the view of most users who rely on bitcoin prices to make a profit, they are very dependent on fluctuations to get untun everyday, of course, if the price of bitcoin becomes stable. a lot of users will abandon bitcoin right?
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December 31, 2016, 12:07:14 AM
 #1175

maybe, but even bitcoin being popular as the way it is,,tbh Gold is more valuable. need a mores reason to make Bitcoin as stable currency.the point is,,Bitcoin just likes a Season,,
I think the view of most users who rely on bitcoin prices to make a profit, they are very dependent on fluctuations to get untun everyday, of course, if the price of bitcoin becomes stable. a lot of users will abandon bitcoin right?

If the price stays stable, a lot of people will find it boring as an investment like the day trading. I think those who speculate only on the price in order to make a profit will leave if the price stays stable for a long time. Otherwise, for those who use it to get pay online and transfer money, will continue to use it.

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December 31, 2016, 12:49:09 AM
 #1176

maybe, but even bitcoin being popular as the way it is,,tbh Gold is more valuable. need a mores reason to make Bitcoin as stable currency.the point is,,Bitcoin just likes a Season,,
I think the view of most users who rely on bitcoin prices to make a profit, they are very dependent on fluctuations to get untun everyday, of course, if the price of bitcoin becomes stable. a lot of users will abandon bitcoin right?

If the price stays stable, a lot of people will find it boring as an investment like the day trading. I think those who speculate only on the price in order to make a profit will leave if the price stays stable for a long time. Otherwise, for those who use it to get pay online and transfer money, will continue to use it.
It would be like that way because in the first place bitcoin is not an investment but a currency where we can use for online transaction. As investment as it is, only few will benefit and obviously the investors does as the demand is increasing which would result to increase of their profit as well.

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December 31, 2016, 01:14:04 AM
 #1177

Its hard to tell if it would have been popular but for one well known fact  it does NOT have buyer or seller protection which makes it unpopular for users who treasure their financial protection as users would want to feel protected when using it
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December 31, 2016, 02:14:02 AM
 #1178

Its hard to tell if it would have been popular but for one well known fact  it does NOT have buyer or seller protection which makes it unpopular for users who treasure their financial protection as users would want to feel protected when using it
The protection in transacting online can be done thru asking the service of the trusted escrow in the business, everything is possible with bitcoin and the limit is only upon us. Further, there are many services online that has been operating for so long already without any problem with bitcoin as a source of payment, a few to mention is purse.io.

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December 31, 2016, 02:19:32 AM
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Its hard to tell if it would have been popular but for one well known fact  it does NOT have buyer or seller protection which makes it unpopular for users who treasure their financial protection as users would want to feel protected when using it
I think even though bitcoin has fluctuations, the protection of users to sell and buy bitcoin there will be no dude because bitcoin decentralization, unless you use paypal or centralized method
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December 31, 2016, 02:12:11 PM
 #1180

maybe, but even bitcoin being popular as the way it is,,tbh Gold is more valuable. need a mores reason to make Bitcoin as stable currency.the point is,,Bitcoin just likes a Season,,
I think the view of most users who rely on bitcoin prices to make a profit, they are very dependent on fluctuations to get untun everyday, of course, if the price of bitcoin becomes stable. a lot of users will abandon bitcoin right?

If the price stays stable, a lot of people will find it boring as an investment like the day trading. I think those who speculate only on the price in order to make a profit will leave if the price stays stable for a long time. Otherwise, for those who use it to get pay online and transfer money, will continue to use it

It won't work the way you think

If Bitcoin volatility diminishes, day traders will just will narrow their spreads and add more to their positions. But since they will remain the cannon fodder to market makers and price manipulators of all sorts and kinds, that will cause more abrupt bursts of volatility, though likely less often. It is a self-sustaining loop of sorts. It could be broken by more bitcoins being used in the real economy, but this is impossible until volatility goes down. So it is another self-sustaining volatility loop in its own right

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