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

[deisik]

It is kind of pointless to think of it since bitcoin is not going to have a stable price for a very long time since the number of users is still very low and as that number keeps growing then we will not have price stability and the price will keep climbing.

As long as only few people have a stash, then price won't be stable, and users too, as long as there are still few users of bitcoin and some sell their coins for profit in fiat, price won't be stable. Everything should be balance and bitcoin should be evenly distributed to users even in small amounts, the price won't move drastically.

It's not what we are seeing now, it's not stable but the price has grown drastically. Majority of us here does not expect that bitcoin will be this much worth as early as 2017. Like I said in the past, bitcoin is full of surprises because we never know what's coming

That's what everyone and his grandma should never forget

No one expected that Bitcoin would be worth over 1,100 dollars per coin right in the first week of 2017. Should I really say what follows from that? That, for example, no one expects that the price might be around 500 dollars somewhere in the middle of this year. Personally, I don't expect such prices unless something totally unexpected happens, but Bitcoin is full of surprises after all, isn't it? And those might not be very pleasant or encouraging

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[Barbut]

I don't think the stability of the price make it (or not) more popular. It is more related to the pros and cons we can use with crypto

For people who like to risk this price fluctuations are great, they can make profit in this times. Like I said before, stability would draw attention from normal part of the world that don`t like to risk, not all of us are gamblers. Stability will also be good for some companies that like to know what are they doing, nobody wish to crash one day just cause bitcoin.

It is kind of pointless to think of it since bitcoin is not going to have a stable price for a very long time since the number of users is still very low and as that number keeps growing then we will not have price stability and the price will keep climbing.

We don`t know that, we can just think about it, and try to guess. But future price of bitcoin is very hard to guess, maybe you are right, maybe bitcoin will have life full of rises and drops, but just maybe there is a chance for stable price once we get to some desired value.

[n2004al]

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?

Don't think so. Being popular mean desire to have that thing which is popular. Desire to have bitcoin will increase for sure the demand compared to before. Increase of demand mean for sure increase of price. So the price is not stable but move high.

[Doamader]

Sure just a change of 0,10 dollars wouldnt be enought for bitcoin, lets say we would be at 200 dollars range without halving and price fluctuate to 150-250 dollars this should be enought. But well those are values from the past that wont happen never again, atleast isnt expected. Sure the volatility has became the first if not the main interest from the investors as well bitcoin community.

[South Park]

It is kind of pointless to think of it since bitcoin is not going to have a stable price for a very long time since the number of users is still very low and as that number keeps growing then we will not have price stability and the price will keep climbing.

As long as only few people have a stash, then price won't be stable, and users too, as long as there are still few users of bitcoin and some sell their coins for profit in fiat, price won't be stable. Everything should be balance and bitcoin should be evenly distributed to users even in small amounts, the price won't move drastically.

The number of bitcoins will never be evenly distributed, satoshi has around a million bitcoins, fiat is not evenly distributed either and fiat works despite of that so I don't see why those that were smart enough or lucky enough will need to give up their coins to the rest of the users.

[Kasabus]

It will still be continue to be popular,well lets just hope that it will much above than a stable price.It is popular already even those times that its price goes down,it really depends on how the users hold on to bitcoin.It experiences already so many times that the price is not stable still it continue to be popular for those who are really interested of knowing it.

[opossum]

If bitcoin had a stable price at start then there were no chances to be as popular as it is now because it got popular because of investors and miners who work for profit.

[diegz]

If bitcoin had a stable price at start then there were no chances to be as popular as it is now because it got popular because of investors and miners who work for profit.

It depends. If the price is not steady and going down most of the time, it hurts the miners for sure, they will have a lower value for their bitcoin and they will have lower profit. But it is different when it comes to investors, they love it when the price is moving like it is almost dropping to the bottom and immediately goes up.

I do think that when the price of bitcoin is stable, there will be lesser investors but we will be filled with users that are really after its use and not of its value.

[Wandering Soul~]

If bitcoin had a stable price at start then there were no chances to be as popular as it is now because it got popular because of investors and miners who work for profit.

It depends. If the price is not steady and going down most of the time, it hurts the miners for sure, they will have a lower value for their bitcoin and they will have lower profit. But it is different when it comes to investors, they love it when the price is moving like it is almost dropping to the bottom and immediately goes up.

I do think that when the price of bitcoin is stable, there will be lesser investors but we will be filled with users that are really after its use and not of its value.

If the price is stable then it won't immediately goes up, Stable means the price neither goes up nor down .
which can make a huge impact on bitcoins investors and miners but there are many reasons why people go for bitcoin aside from its price fluctuation . For example is the fact that bitcoin might be our new form of currency, The anomity and the users full control on his money . So I think it will be popular also if the price is stable but it can take longer than now .

[dearbesz1219]

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?

It is true that Bitcoin so far in our generation is not that quite popular in the world. But in some countries like Australia, Europe, China, Singapore etc. bitcoin is well known to their place. And in my opinion even bitcoin has no stable price but the users will get more increase this will pursue  bitcoin into popularity I think.

[deisik]

It is kind of pointless to think of it since bitcoin is not going to have a stable price for a very long time since the number of users is still very low and as that number keeps growing then we will not have price stability and the price will keep climbing.

As long as only few people have a stash, then price won't be stable, and users too, as long as there are still few users of bitcoin and some sell their coins for profit in fiat, price won't be stable. Everything should be balance and bitcoin should be evenly distributed to users even in small amounts, the price won't move drastically

More even distribution wouldn't change much in this department

I mean Bitcoin volatility in the first place, but such distribution is impossible even hypothetically since how otherwise Bitcoin would have been launched? You can't just take 21M bitcoins and distribute them evenly among over 7 billions of people now populating the planet. If you could do that (purely theoretically), many folks would either forget about the dust they have been bestowed upon or just get rid of it as soon as possible. And then things would quickly bounce back to the present state of affairs, with some dudes holding most of the coins

[Xester]

It will still be continue to be popular,well lets just hope that it will much above than a stable price.It is popular already even those times that its price goes down,it really depends on how the users hold on to bitcoin.It experiences already so many times that the price is not stable still it continue to be popular for those who are really interested of knowing it.

Bitcoin has gain popularity and its users are increasing everyday. The price of bitcoin today is at more or less 900$ each and it is still going up. If bitcoin is popular today how much more if the price is already stable. Bitcoins price will be stable if the price reach 100 million dollars each and 1 satoshi will be equivalent to 1 dollar. This is just my opinion but I see it to be highly possible.

[slapper]

It will still be continue to be popular,well lets just hope that it will much above than a stable price.It is popular already even those times that its price goes down,it really depends on how the users hold on to bitcoin.It experiences already so many times that the price is not stable still it continue to be popular for those who are really interested of knowing it.

Bitcoin has gain popularity and its users are increasing everyday. The price of bitcoin today is at more or less 900$ each and it is still going up. If bitcoin is popular today how much more if the price is already stable. Bitcoins price will be stable if the price reach 100 million dollars each and 1 satoshi will be equivalent to 1 dollar. This is just my opinion but I see it to be highly possible.

You are a very very optimistic person who is really in love with Bitcoin. I do think like you. HOwever, the process will be at least 1000 years since FIAT has been using for more than 30 centuries. There is no way to knock down the FIAT system right away. All we have to do is to way and hope that Bitcoin will rule the world with its impressive prices

[X-ray]

It will still be continue to be popular,well lets just hope that it will much above than a stable price.It is popular already even those times that its price goes down,it really depends on how the users hold on to bitcoin.It experiences already so many times that the price is not stable still it continue to be popular for those who are really interested of knowing it.

Bitcoin has gain popularity and its users are increasing everyday. The price of bitcoin today is at more or less 900$ each and it is still going up. If bitcoin is popular today how much more if the price is already stable. Bitcoins price will be stable if the price reach 100 million dollars each and 1 satoshi will be equivalent to 1 dollar. This is just my opinion but I see it to be highly possible.

You are a very very optimistic person who is really in love with Bitcoin. I do think like you. HOwever, the process will be at least 1000 years since FIAT has been using for more than 30 centuries. There is no way to knock down the FIAT system right away. All we have to do is to way and hope that Bitcoin will rule the world with its impressive prices

there's a way, don't you think that when the technologies are developed furthermore and surpasses the current with many benefits coming up the government and similar organisation will be turning out to use those in order to get the benefits ? fiat will eventually perished due to inefficiency of its and always fluctuating by the time

[nikilavi]

Nope if it had a stable price then you can't use it as an investment for example if all the stocks had a stable price then why would people simply invest. Bitcoin is an investment platform so have a stable investment won't attract anyone. And i don't think in the next 10 years the price will come down to 0.1$ or 1$. If it was stable then it would be perfect as an currency but the current status of bitcoin it isn't stable at all.

[Jasad]

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?

It is true that Bitcoin so far in our generation is not that quite popular in the world. But in some countries like Australia, Europe, China, Singapore etc. bitcoin is well known to their place. And in my opinion even bitcoin has no stable price but the users will get more increase this will pursue  bitcoin into popularity I think.

then first of all bitcoin have to be fully adopted ,
otherwise the stable price will make people not interested and just leaving ,
based on people around me they think what makes bitcoin grow faster is because about the volatile price ,
and so do i , the unique price like currently happened is the surplus for bitcoin.

[Rostadom]

Nope if it had a stable price then you can't use it as an investment for example if all the stocks had a stable price then why would people simply invest. Bitcoin is an investment platform so have a stable investment won't attract anyone. And i don't think in the next 10 years the price will come down to 0.1$ or 1$. If it was stable then it would be perfect as an currency but the current status of bitcoin it isn't stable at all.

Bitcoin becoming just a currency would lose most of its users. People are in here mostly because they know that eventually the price of bitcoin will be high and they will be making money when that happens. When bitcoin gets a stable price, then what's the point of bitcoins? People wouldn't be buying bitcoins anymore since there's Paypal and other digital payments available online. Which are all even better than bitcoins, by the way, because a lot of online shops are accepting Paypal.

People wouldn't buy bitcoins when it's just a simple currency unless something is forcing them.

[SvenBomvolen]

   Yes, bitcoin is popular now and bitcoin would be popular if price is stable, maybe more popular then now, I like stability more then anything else. I dont like my boat to be rocked anyhow.
   I`m reading comments here and I see people think stable price would push away many people. Do you think there is more then 1 % of world population here on forum? What a joke, bitcoin attract people who like to risk a lot, and they are trade. Many others here are just earning and we do not trade, cause we are afraid of losing coins. I`m sure that most people like stability over instability.

[gabmen]

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?

It is true that Bitcoin so far in our generation is not that quite popular in the world. But in some countries like Australia, Europe, China, Singapore etc. bitcoin is well known to their place. And in my opinion even bitcoin has no stable price but the users will get more increase this will pursue  bitcoin into popularity I think.

then first of all bitcoin have to be fully adopted ,
otherwise the stable price will make people not interested and just leaving ,
based on people around me they think what makes bitcoin grow faster is because about the volatile price ,
and so do i , the unique price like currently happened is the surplus for bitcoin.

You're right. I think that is one of the main features that attracts people to using bitcoin. It's easier to intriduce bitcoin to other people if they themselves see the fluctuation in bitcoin's price and how to take advantage of it. I was able to get a lot of people to use bitcoin last year by showing them the movement of btc's price during the surge in btc rate.

[Xenophoto]

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?

It is true that Bitcoin so far in our generation is not that quite popular in the world. But in some countries like Australia, Europe, China, Singapore etc. bitcoin is well known to their place. And in my opinion even bitcoin has no stable price but the users will get more increase this will pursue  bitcoin into popularity I think.

then first of all bitcoin have to be fully adopted ,
otherwise the stable price will make people not interested and just leaving ,
based on people around me they think what makes bitcoin grow faster is because about the volatile price ,
and so do i , the unique price like currently happened is the surplus for bitcoin.

You're right. I think that is one of the main features that attracts people to using bitcoin. It's easier to intriduce bitcoin to other people if they themselves see the fluctuation in bitcoin's price and how to take advantage of it. I was able to get a lot of people to use bitcoin last year by showing them the movement of btc's price during the surge in btc rate.

People that knows how to understand the market would say that it's a promising one. But people that have the first impression that bitcoin has a really good market would surely feel devastated when there's a major dump happening. Just like what recently happened to us. From 1,100$ to 760$. That's something that those people would never imagine happening. They should be aware that there are cases like this when the price just goes down dramatically. They should also be aware of the 1,200$ to 200$ dump so they know the risk that they're taking instead of just blindly investing on bitcoins.