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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
deisik
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April 11, 2017, 06:39:44 PM
 #1481

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.

The only reason why bitcoin is so popular is because of the price. It changes its price randomly. So if the price of bitcoin is on stable pricenof 500$ for example, would it still be popular compared today ? Thats actually the most special thing about bitcoin ..
I disagree with you. Price is of course important, but bitcoin offers us a world without borders. You don't need to worry about paying taxes and fees. In addition, in any country where there is Internet you can use your money

I strongly suspect that a lot of people are going to disagree with you too

Especially, in respect to fees and more so in respect to those fees which you pay for transferring bitcoins from your wallet to someone else's. Apart from that, the use you are talking about (that of a global currency, or a means of payment) is basically irrelevant since most of Bitcoin value (whether you like or not) comes from speculation nowadays anyway

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April 12, 2017, 03:05:15 AM
 #1482

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.

The only reason why bitcoin is so popular is because of the price. It changes its price randomly. So if the price of bitcoin is on stable pricenof 500$ for example, would it still be popular compared today ? Thats actually the most special thing about bitcoin ..
I disagree with you. Price is of course important, but bitcoin offers us a world without borders. You don't need to worry about paying taxes and fees. In addition, in any country where there is Internet you can use your money

I strongly suspect that a lot of people are going to disagree with you too

Especially, in respect to fees and more so in respect to those fees which you pay for transferring bitcoins from your wallet to someone else's. Apart from that, the use you are talking about (that of a global currency, or a means of payment) is basically irrelevant since most of Bitcoin value (whether you like or not) comes from speculation nowadays anyway
That's bad is it is just all about speculation because the FUDSTERS will play and I am pretty sure majority of the users of bitcoin
are not really monitoring the news so they won't be able to determine which are real news and fake news.

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April 12, 2017, 11:51:19 AM
 #1483

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.

The only reason why bitcoin is so popular is because of the price. It changes its price randomly. So if the price of bitcoin is on stable pricenof 500$ for example, would it still be popular compared today ? Thats actually the most special thing about bitcoin ..
I disagree with you. Price is of course important, but bitcoin offers us a world without borders. You don't need to worry about paying taxes and fees. In addition, in any country where there is Internet you can use your money

I strongly suspect that a lot of people are going to disagree with you too

Especially, in respect to fees and more so in respect to those fees which you pay for transferring bitcoins from your wallet to someone else's. Apart from that, the use you are talking about (that of a global currency, or a means of payment) is basically irrelevant since most of Bitcoin value (whether you like or not) comes from speculation nowadays anyway
That's bad is it is just all about speculation because the FUDSTERS will play and I am pretty sure majority of the users of bitcoin
are not really monitoring the news so they won't be able to determine which are real news and fake news.

FUD spreaders are basically just traders that want to pump/dump a market without using their money. They create big announcements about the market and spread the humor. When people are newbie enough to believe all these lies that are written as if they were an official announcement from somewhere, then FUDsters are able to start some movements and later on harvest (either sell or buy) the fruits of their FUDs.

But sometimes when the price has already moved up/down, panic seller/buyers have nothing to do about it so they just sell/buy their coins as well due to the fear of losing the chance to buy/sell at a low/high price.

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marketone
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April 12, 2017, 11:55:31 AM
 #1484

Bitcoin is completely tradable currency so it doesn't stick to a stable currency, once it is stable many people will not use bitcoin.
Many people likes the bitcoin only because there are making money through it.
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April 12, 2017, 12:23:50 PM
 #1485

See first of all logically it can't happen.
Moreover even if such a thing happens,
Bitcoin might loose a lot of users.
But I don't think that everyone will stop using it,
Still bitcoin will remain a form of currency.
Those who has invested in it will have to use it .
certainly not all users will go it may be that the price of bitcoin can be stabilized. but it will not make all of the users go of course there are still many users who chose to stay because of the stable will be safer
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April 12, 2017, 01:00:31 PM
 #1486

Depending on how much is bitcoin worth if bitcoins price will be stable.If bitcoins price will be stable at very low price i think bitcoins will not be popular through it.We all know that bitcoin is just popular on because its price.So if it will be stable at low price bitcoins will be no popular anymore and eventually die
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April 12, 2017, 02:32:29 PM
 #1487

- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
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April 12, 2017, 02:46:01 PM
 #1488

- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.
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April 12, 2017, 02:59:00 PM
 #1489

- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.

Yes and traders will never like price stability in bitcoins as they will never make profits from it as they are making at a moment from the price fluctuations so I think if bitcoin gets price stability then it will become less popular among the people.
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April 12, 2017, 05:42:08 PM
 #1490

- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.

Yes and traders will never like price stability in bitcoins as they will never make profits from it as they are making at a moment from the price fluctuations so I think if bitcoin gets price stability then it will become less popular among the people.

It's true that traders may not be able to gain profit or less from what they used to but that doesn't
mean bitcoin will be less popular.

If bitcoins price stabilize it will open new opportunities to users and potential users, store owners
will be interested in using bitcoin without worrying about its price fluctuation and other business might
consider using bitcoin as a payment which is already happening, just think how many companies will consider
bitcoin as a payment if the price is stable.

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April 12, 2017, 08:09:07 PM
 #1491

- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.
I love Bitcoin only for this feature fluctuation of price. As Bitcoin has treat most popular investment simply here attraction only Bitcoin price which is changing every short period of time. Of course, a stable price will be still popular with many retailers. That's proved different people have a different mentality and it's normal because everyone wants to make a profit.
You are absolutely right. Big volatility means big risk but also big profit. This is not for everyone. But there are people like us who likes these fluctuations.
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April 12, 2017, 09:10:29 PM
 #1492

- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.
I love Bitcoin only for this feature fluctuation of price. As Bitcoin has treat most popular investment simply here attraction only Bitcoin price which is changing every short period of time. Of course, a stable price will be still popular with many retailers. That's proved different people have a different mentality and it's normal because everyone wants to make a profit.
You are absolutely right. Big volatility means big risk but also big profit. This is not for everyone. But there are people like us who likes these fluctuations.

No price volatility means no quick profits and if this is the case then many people will prefer to switch their investments to something else and will not continue with bitcoins as most of the users are using bitcoins only because of the price fluctuations involved in it.
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April 12, 2017, 11:05:07 PM
 #1493

Stability is good for miners, atleast this define if they keep mining or stop mining. For some investors a stable coin has no interest at all, we can see at almost all exchanges that bitcoin has a huge volume daily trading due to the high volatility around it, i believe stable would be good for all, but the speculation around bitcoin is where the money is.
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April 12, 2017, 11:58:10 PM
 #1494

- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.

Yes and traders will never like price stability in bitcoins as they will never make profits from it as they are making at a moment from the price fluctuations so I think if bitcoin gets price stability then it will become less popular among the people.
things that makes a lot of people love bitcoin are actually because the volitile price which can be exploited to make profit everyday, every hour and even every minutes. with bitcoin have a stable price which i think unlikely happened because of many reasons.

the decentralized system are one of the reason why , the market will always run wild.

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April 13, 2017, 03:10:32 PM
 #1495

- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.
I love Bitcoin only for this feature fluctuation of price. As Bitcoin has treat most popular investment simply here attraction only Bitcoin price which is changing every short period of time. Of course, a stable price will be still popular with many retailers. That's proved different people have a different mentality and it's normal because everyone wants to make a profit.
You are absolutely right. Big volatility means big risk but also big profit. This is not for everyone. But there are people like us who likes these fluctuations.
- Price fluctuations are what we all want in bitcoin because only fluctuations we can earn money and have money we can buy bitcoin. If the bitcoin does not fluctuate, it will gradually go into the past as gold
- Volatility is a money-making opportunity for traders and investors, no one is complaining about money, so they will always find ways to create volatility if the market stabilizes
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April 17, 2017, 09:19:46 PM
 #1496

Will not be. 80% of the demand for bitcoins comes from investors. They invest in the crypto currency only for one reason - the price increase. If there is no growth, then there will be no investments either. Bitcoin will become unnecessary for many people
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April 17, 2017, 11:27:33 PM
 #1497

Will not be. 80% of the demand for bitcoins comes from investors. They invest in the crypto currency only for one reason - the price increase. If there is no growth, then there will be no investments either. Bitcoin will become unnecessary for many people

You got it but I wonder what is the main reason of those other 20% for entering bitcoin? And if there's no way of increasing the price they will soon come out on it even there is a risk that they will lose some amount because of the unstable price. Because it can be down for sometime but still keeping the trust and having a good chart, we do believe on it.

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UCHCHILD
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April 17, 2017, 11:52:04 PM
 #1498

I guess, it is a big no, this crypto currency that people is using is being popular because it has unstable price and it has a continues increasing value, so if it has a stable price i guess it will be just like our fiat in terms on reality of money, like our countries money, it has fix price and it is not being popular in the world unlike the dollar it is popular because it has continue price increasing value.

But then, I think it will not happen because we have lots of people that will make the bitcoin price shaken.
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April 17, 2017, 11:54:28 PM
 #1499

Will not be. 80% of the demand for bitcoins comes from investors. They invest in the crypto currency only for one reason - the price increase. If there is no growth, then there will be no investments either. Bitcoin will become unnecessary for many people

Yeah, investors aren't going to come in if there's no movement for the price and big chance of increasing. So if ever the price of bitcoin is very stable, that is going to make investors invest in some other things that has a very good progress like stock market but because of bitcoin has a very good feature of it, that made it very popular.



 

 

 

 

 

 


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April 17, 2017, 11:57:19 PM
 #1500

- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.
I love Bitcoin only for this feature fluctuation of price. As Bitcoin has treat most popular investment simply here attraction only Bitcoin price which is changing every short period of time. Of course, a stable price will be still popular with many retailers. That's proved different people have a different mentality and it's normal because everyone wants to make a profit.
I think there are millions of users in bitcoin and they have a goal difference while in bitcoin, some of them are investors who depend on the price fluctuations, certainly when bitcoin become stable. they will go


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