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

[noel2123]

If it is stable, all traders will be glad in here, we are about to see that all other traders will be happy, we cannot see and predict it will be ok or not, because others will benefit, while others will not benefit. We must first think what will happen if it will be stable

[emezh10]

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?

I think no. And I think that is pretty impossible because every cryptocurrency and fiat money their price are not stable in global market so for bitcoin that is impossible. But I thin if that will happen the bitcoin will instantly became a dead coin. Becausr the price is foundation of the money so for bitcoin that has a stable price is nope. It's just like the TBC that ni value in real world. So we are lucky that the bitcoin now is pretty famous so the price will go up and up. And I think that is very good for us investors of bitcoin.

[TastyChillySauce00]

If it is stable, all traders will be glad in here, we are about to see that all other traders will be happy, we cannot see and predict it will be ok or not, because others will benefit, while others will not benefit. We must first think what will happen if it will be stable

No, you are wrong. If bitcoin had a stable price then those traders might not have come to the world of cryptocurrency and getting involved into cryptocurrencies trading. The purpose of trading is seeking profit out of volatility which clearly explains that something with stable price will not attract the traders and as the opposite, the traders will not glad and get away from cryptocurrencies trading.

[deppil]

If it is stable, all traders will be glad in here, we are about to see that all other traders will be happy, we cannot see and predict it will be ok or not, because others will benefit, while others will not benefit. We must first think what will happen if it will be stable

A trader will probably accept it, but of course it will give impact to their income may be getting smaller, and the longer time to the profit. but of course it will be safe for them

[Harlot]

If it is stable, all traders will be glad in here, we are about to see that all other traders will be happy, we cannot see and predict it will be ok or not, because others will benefit, while others will not benefit. We must first think what will happen if it will be stable

A trader will probably accept it, but of course it will give impact to their income may be getting smaller, and the longer time to the profit. but of course it will be safe for them

Nope a traders happiness is when the market or Bitcoin is Volatile. It's volatility is what makes Bitcoin become profitable. This is when they buy low and sell high. I don't think having a stable price will make a trader happy. In fact they won't even trade Bitcoin at all because having a steady price won't make it profitable for them.

[TheUltraElite]

If it is stable, all traders will be glad in here, we are about to see that all other traders will be happy, we cannot see and predict it will be ok or not, because others will benefit, while others will not benefit. We must first think what will happen if it will be stable

No really correct since traders depend on the fluctuations in price for daily earnings. People mine crypto and then sell them for cash when prices rise. If prices were stagnant no one would bother to mine them/buy them and the economy would be pretty much nil.

Stable prices in crypto only lead to the tagging of that currency as "dead" like what has happened to many such coins out there.

[millgates]

If it is stable, all traders will be glad in here, we are about to see that all other traders will be happy, we cannot see and predict it will be ok or not, because others will benefit, while others will not benefit. We must first think what will happen if it will be stable

you will never see the price of bitcoin stable, the limitation of bitcoin make the demand easily inccrease. I think if that is happen, Bitcoin will get more mass adoption because most of investor is scare about the volatility of bitcoin.

[JC btc]

Bitcoin  would still popular even though it has stable price if its stability will just take for about 2-3 weeks. Its price would not stable for a year since it is always depends on the situation and users, meaning on the demand and supply that would dictate its price.

[Viscore]

Bitcoin  would still popular even though it has stable price if its stability will just take for about 2-3 weeks. Its price would not stable for a year since it is always depends on the situation and users, meaning on the demand and supply that would dictate its price.

It's not the stable price that is what people is looking, they want to see the continues progress of bitcoin and with that, they are confident of using bitcoin. The price might or may not be stable, it depends on who people would accept bitcoin in the future. Anyway, I have to say that the current price movement is best for me.

[geopolisch]

Bitcoin  would still popular even though it has stable price if its stability will just take for about 2-3 weeks. Its price would not stable for a year since it is always depends on the situation and users, meaning on the demand and supply that would dictate its price.

It's not the stable price that is what people is looking, they want to see the continues progress of bitcoin and with that, they are confident of using bitcoin. The price might or may not be stable, it depends on who people would accept bitcoin in the future. Anyway, I have to say that the current price movement is best for me.

Continuous price appreciation will not possible for any commodity and hence expecting so might lead to disappointments too. Still, I too agree if bitcoin is not having price appreciations characteristics then we could not imagine this much big popularity for it. Bitcoin may gain popularity by showing its advantages but that may need more times than what it needs now.

[Aamir1]

If it is stable, all traders will be glad in here, we are about to see that all other traders will be happy, we cannot see and predict it will be ok or not, because others will benefit, while others will not benefit. We must first think what will happen if it will be stable

If we talk about stability then bitcoin would have been stable from start and if it was stable from that time then we would not have been where we are today. It is the price that attracts more investors towards something and it was probably the price that made bitcoin reach this place, otherwise it would have been like many other alt coins in the markets.

[marcoman22]

It will be still popular even if Bitcoin had a stable price. Most companies and retailers dont accept bitcoins  today due to its price instability. They all would start accepting bitcoin as payment if its price is stable.So, there will be a huge increase in demand for bitcoins which would increase its price and help in the progress of bitcoin.But since bitcoin is a decentralized currency, its price differs based on increase and decrease of demand for bitcoins and price will not remain stable for a long time.

[PacePay]

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.

And people will just use fiat if bitcoin has a stable price. That's why I believe that bitcoin is not going to be popular if it has a stable price. And I guess it is better to say that bitcoin would still be popular if it has a flooring price. Because there are people who are defining floor price as stable price but that is different for those folks out there.

No that is not right because if the price of bitcoin will be stable then it will not mean that people will leave it but people will then store their money in bitcoin and will keep that money for longer because most people do not believe on banks and they want to search for another source of money saving which they want to be not in any third party control.

[TheUltraElite]

It will be still popular even if Bitcoin had a stable price. Most companies and retailers dont accept bitcoins  today due to its price instability. They all would start accepting bitcoin as payment if its price is stable.So, there will be a huge increase in demand for bitcoins which would increase its price and help in the progress of bitcoin.But since bitcoin is a decentralized currency, its price differs based on increase and decrease of demand for bitcoins and price will not remain stable for a long time.

Indeed price instability is closely associated with the bitcoin and altcoin markets. We have been seeing this since the time bitcoin was first introduced and those who bought large volumes at that time are profit-makers today simply because of the prices rising so much.

Retailers do prefer a stable price but I think these days bitcoin is mostly used as a trading commodity and less as a currency - specially in countries where bitcoin payments are not that popular like where I live.

[davids]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin but Bitcoin price cannot stay stable for long.

[szpalata]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin but Bitcoin price cannot stay stable for long.

I doubt if it will be as popular because just like other Altcoins there's the need for some sort of pump which will create awareness and entice investors into investing and I know for a fact that a lot of people are after Bitcoin because they are hoping for the price to shoot up especially as we are left with a few (about 23%) of bitcoins to mine, and so if it's established that it can only increase by that small margin then I don't think it will be attractive enough for people/investors to invest and hence it will become unpopular.

[Betwrong]

It will be still popular even if Bitcoin had a stable price. Most companies and retailers dont accept bitcoins  today due to its price instability. They all would start accepting bitcoin as payment if its price is stable.So, there will be a huge increase in demand for bitcoins which would increase its price and help in the progress of bitcoin.But since bitcoin is a decentralized currency, its price differs based on increase and decrease of demand for bitcoins and price will not remain stable for a long time.

That's exactly how the price of Bitcoin becomes unstable. 

IMO the price of Bitcoin will always be volatile, the question is to what extent? If we'd have less than 5% price change in one day I think we could say that BTC is stable and that would definitely help to attract more users to Bitcoin.

[Superways]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin but Bitcoin price cannot stay stable for long.

Yes I agree with you that it will take some longer time for the price of bitcoin to become stable at a point as the adoption is now at its way and with the passage of time the adoption rate increases. With the passage of time we can increase in value and after a threshold level we can say that a stability will come which will encourage retailers to adopt it for their business.

[Vikingr]

It will be still popular even if Bitcoin had a stable price. Most companies and retailers dont accept bitcoins  today due to its price instability. They all would start accepting bitcoin as payment if its price is stable.So, there will be a huge increase in demand for bitcoins which would increase its price and help in the progress of bitcoin.But since bitcoin is a decentralized currency, its price differs based on increase and decrease of demand for bitcoins and price will not remain stable for a long time.

That's exactly how the price of Bitcoin becomes unstable. 

IMO the price of Bitcoin will always be volatile, the question is to what extent? If we'd have less than 5% price change in one day I think we could say that BTC is stable and that would definitely help to attract more users to Bitcoin.

Nowadays the price of bitcoin is stable up to some extent. Only some amount of increase and decrease in the price will not affect its value and after some time it will recover according to the marketcap of itself. 5% is because of the short term investors who buy at lower and sell at higher price.

[MWesterweele]

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?

Yes but it will take sometime, it needs to be known first. The volatility of the price really was not until they start the pumps and dumps.

It will be still popular even if Bitcoin had a stable price. Most companies and retailers dont accept bitcoins  today due to its price instability. They all would start accepting bitcoin as payment if its price is stable.So, there will be a huge increase in demand for bitcoins which would increase its price and help in the progress of bitcoin.But since bitcoin is a decentralized currency, its price differs based on increase and decrease of demand for bitcoins and price will not remain stable for a long time.

That's exactly how the price of Bitcoin becomes unstable. 

IMO the price of Bitcoin will always be volatile, the question is to what extent? If we'd have less than 5% price change in one day I think we could say that BTC is stable and that would definitely help to attract more users to Bitcoin.

Here in the ph, we can go to 7/11 and buy btc. Also, major mall here, SM malls, we can use bitcoin to shop.