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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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January 30, 2017, 11:30:34 AM
 #1341

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?
Ofcourse  , it will remain popular . You should think about this alteast once about its past .
If you will move your eye in the price of the bitcoin history then you will find there were many times the constancy in the price if bitcoin for 3-4 months many times .
If you will  take the recent example of 2016 then also you can see the price of bitcoin was stable in the first 5-6 months ( before the brexit = bretain + exit ) and after that of halving its price became stable for three months but still the users of bitcoin and popularity increases .
Here bitcoin is not only for earning by hold bitcoin but there are also another options to make money  like trading , faucet , gambling casino , exchange personal , shipping etc .
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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February 03, 2017, 10:58:17 AM
 #1342

Someone want to be a stable price for a bitcoin  for their expectation of earning process that how much we earn and when.

There is nothing you need to find the bitcoin price to compete with the earning bitcoins. I think we need to manage the money and invest on a right place to make bitcoins. If see bitcoin value is volatile. Of-course its volatile at every time but you can most of the you can see big pumps and little dips. It will not affect the earnings.
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February 03, 2017, 11:13:13 AM
 #1343

Someone want to be a stable price for a bitcoin  for their expectation of earning process that how much we earn and when.

There is nothing you need to find the bitcoin price to compete with the earning bitcoins. I think we need to manage the money and invest on a right place to make bitcoins. If see bitcoin value is volatile. Of-course its volatile at every time but you can most of the you can see big pumps and little dips. It will not affect the earnings.
I think investment of bitcoin is not a matter to recover your profit or loss. because the bitcoin price fluctuation is also a way to make earning through buy/sell .
And xIIImaL is write that what he is saying because the down in the price usually recovers its down graf within one to two months but mist probably the price graph of bitcoin price jump to the highest peak to remain stable for long time .
So here  the popularity will not go slow down if the price of bitcoin remain stable because there are numbers of categories that's ate available to choose to make profit through bitcoin .

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February 03, 2017, 07:49:46 PM
 #1344

If bitcoin had a stable price around 200-300 dollars or till 500 dollars it would be better, as almost all people would afford to buy bitcoin and use it, nowadays bitcoin has becames very expensive for the most, soo with all the potencial and halvings to happening we will see the most small holders just dumping their coins, while bitcoin will be like an exclusive currency for rich people.
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February 03, 2017, 07:54:24 PM
 #1345

i think different people have different mentality about that, according the investor who invest their money in bitcoin for price increase that if the price of become stable then people will lose their interest interest to invest money here. while according to trader, that people will only convert their assets in to bitcoin if the bitcoin price will become stable, because they do not want to put their money in risk if their is a lot of fluctuation in the price of bitcoin. i think. the trader can only use the facilities of bitcoin if its price is stable.
I don't think so that traders want bitcoin to have a stable price because they can make profit in trading just by making prediction of prices. For me, popularity will be lessen once BTC begins to have a stable price, investors will start to leave.
At the moment there are a lot of speculators, but I'm not sure if that number is higher than the number of ordinary users. Moreover, even if speculators correspond to a large portion of the market, it may be that the number of users, who only want to buy things with this or store value, will become even greater when the price reaches higher levels of stability.

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February 03, 2017, 07:57:59 PM
 #1346

People got interested because of price, very few understand and value the true meaning of decentralization. So for now the rise in price is the key

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February 03, 2017, 08:10:20 PM
 #1347

A lot of people are getting into bitcoin because of price fluctuations. Unstable price is good for promoting, but we should remember that bitcoin has another values as well.  It is very convenient and cheap way to tranfer money internationally, to pay online for little tasks because bitcoin can be divided into smaller parts (satoshi).
So if the price become stable it would be easier to adopt bitcoin and probably more people will used it.
Big players, like fiverr for example, will introduce bitcoin payment feature and their users become aware of bitcoin benefits. Currently, they locked possibility to pay for services in bitcoin. I think the reason is changeable price.

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February 03, 2017, 09:05:19 PM
 #1348

Alternative investment with stable price can be very popular between investors,that situation what we have now is best possible,trading is stable and price is rasing,bitcoin like a save heaven it is like joke of the year
If bitcoin price will be stable more merchant will accept bitcoin and bitcoin will be more in use

 
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February 03, 2017, 09:07:15 PM
 #1349

If bitcoin was less volatile it probably would already be in most people portfolios, accepted by most stores and so on. The problem is with all the traders that make the price do insane things on the daily which make bitcoin seem like a very scary investment to most people.

Don't get me wrong, BITCOIN is a scary investment if you dont believe in the cause and just want to make a couple bucks off of it. I do pray that one day bitcoin will be at a stable price so it can gain worldwide usage.

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February 03, 2017, 11:25:26 PM
 #1350

For many Bitcoin is not a tool for investment, and convenient way to send savings without commission. I think Bitcoin in any case will be popular. But, of course, not so much.
bitcoin in use for many things such as investment and currency, when investments become less profitable because the price to be stable, certainly popularity bitcoin will be reduced
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February 04, 2017, 01:25:46 AM
 #1351

I think bitcoin popular because of the advantages and benefits that it provides than other currencies or other cryptocurrency and bitcoin as the first cryptocurrency natural that many know and be pupoler

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February 04, 2017, 11:19:33 AM
 #1352

If bitcoin was less volatile it probably would already be in most people portfolios, accepted by most stores and so on. The problem is with all the traders that make the price do insane things on the daily which make bitcoin seem like a very scary investment to most people.

Don't get me wrong, BITCOIN is a scary investment if you dont believe in the cause and just want to make a couple bucks off of it. I do pray that one day bitcoin will be at a stable price so it can gain worldwide usage.

Traders don't do insane things on a daily basis with the bitcoin market. It's just after a couple of weeks when the price gets some significant movement. Most of the time the price is just moving for a couple of dollars up and down. And then there are times when the price is just moving slowly downward or upward.

Actually, even without all those "scary" movements, people would still be doubtful because money is involved in bitcoins. They would always ask you "What if...." and they would never stop even if you give them a pretty good explanation.

I'm not like you. I'm praying that the price of bitcoin would never be stable because the price fluctuation allows us to make money from it. The more bitcoins you have and the better your timing is, the more profit you'll make from it. Take advantage of it instead of looking at it as a problem.

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February 04, 2017, 11:42:00 AM
 #1353

i think different people have different mentality about that, according the investor who invest their money in bitcoin for price increase that if the price of become stable then people will lose their interest interest to invest money here. while according to trader, that people will only convert their assets in to bitcoin if the bitcoin price will become stable, because they do not want to put their money in risk if their is a lot of fluctuation in the price of bitcoin. i think. the trader can only use the facilities of bitcoin if its price is stable.
I don't think so that traders want bitcoin to have a stable price because they can make profit in trading just by making prediction of prices. For me, popularity will be lessen once BTC begins to have a stable price, investors will start to leave.
But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
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February 04, 2017, 11:43:54 AM
 #1354

I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.
Yes, Bitcoin will be a big name on the industry because as I can see now, the percentage of the people who's using bitcoin is increasing, what more if this bitcoin will have a high and stable price. I know people will be curious about this especially because its creating money.
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February 04, 2017, 12:33:14 PM
 #1355

But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

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February 04, 2017, 12:42:07 PM
 #1356

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?

Well as of this time bitcoin is becoming popular now, what more if in the next few months the people who is using bitcoin will be triple as well as the worth of the bitcoin will increase, we do not know what will happen and knowing our technology today its so fast just click it then all what you need its now in the front of you. That's why what I have now in bitcoin i will take care of it and I know eventually all the efforts will be all worth it.

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February 04, 2017, 05:43:06 PM
 #1357

But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes
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February 04, 2017, 06:32:40 PM
 #1358

But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes

Yes if the price stable means the traders will lose interest in trading and trading market will go down. But if the price stable at a high price the other business will improve a lot and the bitcoin will become more popular. If it is stable, then investors will make a nice profit. And this year we can not predict what will happen in bitcoin price coming days it may go up or it may fall. 
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March 02, 2017, 10:28:44 AM
 #1359

But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes

Yes if the price stable means the traders will lose interest in trading and trading market will go down. But if the price stable at a high price the other business will improve a lot and the bitcoin will become more popular. If it is stable, then investors will make a nice profit. And this year we can not predict what will happen in bitcoin price coming days it may go up or it may fall. 

I think the stable price means there is small volatility, it might rise gradually every year.
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March 02, 2017, 11:53:25 AM
 #1360

But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes

Yes if the price stable means the traders will lose interest in trading and trading market will go down. But if the price stable at a high price the other business will improve a lot and the bitcoin will become more popular. If it is stable, then investors will make a nice profit. And this year we can not predict what will happen in bitcoin price coming days it may go up or it may fall. 

I think the stable price means there is small volatility, it might rise gradually every year.


It will still be popular because in the long term it can be a good investment. Considering the little margin of 0.01-0.10 by the OP its possible to amass significant gains in 30 years and so people would prefer to invest in that than treasury bills.
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