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

[radjie]

of course yes, BTC will continue to be popular despite stable prices for the more forward the BTC more even will be more in the know many communities even though at this time the public has not all acquainted with BTC's, the stable price of BTC will not always in the same position because the stock market will definitely rise and decline.
Btc be popular though at a stable price position.

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[Finestream]

of course yes, BTC will continue to be popular despite stable prices for the more forward the BTC more even will be more in the know many communities even though at this time the public has not all acquainted with BTC's, the stable price of BTC will not always in the same position because the stock market will definitely rise and decline.
Btc be popular though at a stable price position.

We can't control the price so we cannot expect a stable price, what is important is more and more people will adopt to make bitcoin stronger and to avoid more manipulation which is not good for the market. As what I have observe now, there are a lot of good news that might attract more adopters and that means we are getting more popular and the price will increase overtime.

[virasisog]

of course yes, BTC will continue to be popular despite stable prices for the more forward the BTC more even will be more in the know many communities even though at this time the public has not all acquainted with BTC's, the stable price of BTC will not always in the same position because the stock market will definitely rise and decline.
Btc be popular though at a stable price position.

We can't control the price so we cannot expect a stable price, what is important is more and more people will adopt to make bitcoin stronger and to avoid more manipulation which is not good for the market. As what I have observe now, there are a lot of good news that might attract more adopters and that means we are getting more popular and the price will increase overtime.

Yes , Now huge adoptation has begun and we can expect more fast of increasi in price as soon. But if we get stuck on the point that it stops and had a stable price in time ,there will be a big possibilities that it may start to dump for example stuck at any price for about 2 months ,So in that there is a panic selling to be occur .Its more important to be ready because even adoptation guaranteed bitcoin price will not guarantee us to keep on pumping.

[virasog]

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.

I guess those 20% left are those people who are just exploring bitcoin, they might lose money yet it is just nothing for them, because we have a continued support of the people, they might come and go.
And yes, the price might crash down yet we do believe that it will lift its value higher.

[Doms]

In order for the price to become stable, there must be a strong support for its usage. And bitcoin must reach a stage where it is matured enough to withstand volatility. That might not happen anytime soon as there is still very little usage going around and admittedly, it is only being treated as an investment by many, I included.

[X-ray]

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

All of the investors are want to invest his money caused by the profit. No one wants to invest his money as a charity. But it will necessarily need a new adopter to spread the word of bitcoin to the unfamiliar person in every community.
Bitcoin as a valuable investment and more people will be interested in it. The recent price of bitcoin is the answer.

[Sled]

In order for the price to become stable, there must be a strong support for its usage. And bitcoin must reach a stage where it is matured enough to withstand volatility. That might not happen anytime soon as there is still very little usage going around and admittedly, it is only being treated as an investment by many, I included.

I think one of the best way to have that stability for bitcoin price is by having a lot of users because if we have a lot of users then there will be an enough demand in the market that will buy and lessen the supply with fair distribution in those investors or buyers, As the bitcoin gets stabilize then it will get popular because the stores will accept it because they are used to fixed amount of money and not on volatile one.

[deisik]

of course yes, BTC will continue to be popular despite stable prices for the more forward the BTC more even will be more in the know many communities even though at this time the public has not all acquainted with BTC's, the stable price of BTC will not always in the same position because the stock market will definitely rise and decline.
Btc be popular though at a stable price position.

We can't control the price so we cannot expect a stable price, what is important is more and more people will adopt to make bitcoin stronger and to avoid more manipulation which is not good for the market. As what I have observe now, there are a lot of good news that might attract more adopters and that means we are getting more popular and the price will increase overtime.

Yes , Now huge adoptation has begun and we can expect more fast of increasi in price as soon. But if we get stuck on the point that it stops and had a stable price in time ,there will be a big possibilities that it may start to dump for example stuck at any price for about 2 months ,So in that there is a panic selling to be occur .Its more important to be ready because even adoptation guaranteed bitcoin price will not guarantee us to keep on pumping

Your post is full of contradictions

If you think thoroughly of it, you will understand why after 2 months of stable prices there is little if any chance of panic selling. First, people will get used to such prices, and the very fact that the prices have been stable for so long will entrench in them the thought that these prices are fair. So if the prices start to decline somewhat (let's call it initial phase), many people will think it as a good opportunity to jump in fast as soon as possible, and we will see huge buy walls immediately rising. Second, stable prices themselves will contribute to more merchants accepting Bitcoin as a means of payment, which will further support prices and will likely itself cause them to rise over a prolonged period of stable prices (say, over a few months)

[micher143]

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's impossible because bitcoin few years have have that price but due to uniqueness many people invest in bitcoin every year so for that the price of the bitcoin pump until now because of the investing of many people it's impossible for bitcoin have a stable price.

[roadbits]

In order for the price to become stable, there must be a strong support for its usage. And bitcoin must reach a stage where it is matured enough to withstand volatility. That might not happen anytime soon as there is still very little usage going around and admittedly, it is only being treated as an investment by many, I included.

I think one of the best way to have that stability for bitcoin price is by having a lot of users because if we have a lot of users then there will be an enough demand in the market that will buy and lessen the supply with fair distribution in those investors or buyers, As the bitcoin gets stabilize then it will get popular because the stores will accept it because they are used to fixed amount of money and not on volatile one.

Having lot of bitcoin users will not make Bitcoin price stable. If the bitcoin users increase day by day, then we see a lot of variation in bitcoin price. And it will help for traders to make some money. If the price is stable, then all bitcoin business will stop. Becasue people have invested money on bitcoin to make some money once the price hit big margin. Is the stable price means it is a big loss for investors and traders.

[tabas]

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.

I guess those 20% left are those people who are just exploring bitcoin, they might lose money yet it is just nothing for them, because we have a continued support of the people, they might come and go.
And yes, the price might crash down yet we do believe that it will lift its value higher.

Probably those remaining are those who just want to try it out and wanted to see if this is for real. But I don't think that they might lose money because they are just going to try it out while we know that there's nothing to lose in bitcoin instead they had chances of growing it because we know on how bitcoin has the potential.

[deisik]

In order for the price to become stable, there must be a strong support for its usage. And bitcoin must reach a stage where it is matured enough to withstand volatility. That might not happen anytime soon as there is still very little usage going around and admittedly, it is only being treated as an investment by many, I included.

I think one of the best way to have that stability for bitcoin price is by having a lot of users because if we have a lot of users then there will be an enough demand in the market that will buy and lessen the supply with fair distribution in those investors or buyers, As the bitcoin gets stabilize then it will get popular because the stores will accept it because they are used to fixed amount of money and not on volatile one.

Having lot of bitcoin users will not make Bitcoin price stable. If the bitcoin users increase day by day, then we see a lot of variation in bitcoin price. And it will help for traders to make some money. If the price is stable, then all bitcoin business will stop. Becasue people have invested money on bitcoin to make some money once the price hit big margin. Is the stable price means it is a big loss for investors and traders.

Which businesses are going to stop exactly?

As to me, stable prices are what businesses actually need, not volatility, and I suspect I'm not the only one claiming this. Apart from that, you need to make a few reality checks if you are narrowing your idea of business to just trading. With the almost complete lack of real businesses involved with Bitcoin, the idea of stable prices is meaningless and impossible, since there cannot be stable prices by definition in such conditions. Once prices start to become more or less stable, traders which are losing interest will start leaving as well as liquidating their positions. That alone will render prices as unstable as hell. This is the reality check you should make first

[peter0425]

In order for the price to become stable, there must be a strong support for its usage. And bitcoin must reach a stage where it is matured enough to withstand volatility. That might not happen anytime soon as there is still very little usage going around and admittedly, it is only being treated as an investment by many, I included.

I think one of the best way to have that stability for bitcoin price is by having a lot of users because if we have a lot of users then there will be an enough demand in the market that will buy and lessen the supply with fair distribution in those investors or buyers, As the bitcoin gets stabilize then it will get popular because the stores will accept it because they are used to fixed amount of money and not on volatile one.

Having lot of bitcoin users will not make Bitcoin price stable. If the bitcoin users increase day by day, then we see a lot of variation in bitcoin price. And it will help for traders to make some money. If the price is stable, then all bitcoin business will stop. Becasue people have invested money on bitcoin to make some money once the price hit big margin. Is the stable price means it is a big loss for investors and traders.

Which businesses are going to stop exactly?

As to me, stable prices are what businesses actually need, not volatility, and I suspect I'm not the only one claiming this. Apart from that, you need to make a few reality checks if you are narrowing your idea of business to just trading. With the almost complete lack of real businesses involved with Bitcoin, the idea of stable prices is meaningless and impossible, since there cannot be stable prices by definition in such conditions. Once prices start to become more or less stable, traders which are losing interest will start leaving as well as liquidating their positions. That alone will render prices as unstable as hell. This is the reality check you should make first

If you are talking about business, of course people will like a stable price and not volatile like bitcoin. And bitcoin will still be popular even if the price is stable because more people are going to invest into it because market price is stable. People are trading bitcoin because of its volatility, and they are taking of such situations to gain profit. "Buying low selling high" is the old adage.

[wachtwoord]

If USD had a stable price, would it still be as popular.

[Ziskinberg]

If USD had a stable price, would it still be as popular.

You can't compare USD against bitcoin because it is a different currency, bitcoin has limited supply while the government can always reproduce more USD if they want to and that makes it stable since there is no shortage that will happen even when the demand will increase.

[ImHash]

Who says bitcoin is popular? I believe that we're still the lucky ones even after 8 years I consider my self new adopter and if you give it another 7-10 years then we could call it popular, seems like many people don't understand how was bitcoin designed, it wasn't designed to have stable price/ market just look at the supply and it's distribution method, every 14 days/ 2 weeks bitcoin mining becomes more difficult and will cost more money to mine coins and as a result completely automatically price increases because you know there are some people seeing bitcoin and say hey what a great thing lets mine it ourselves and then when they try to do so difficulty increases and whatever they're earning they won't sell for current prices since it's not profitable so they either add to their miners or keep mining with the same machines until it breaks or they found out for themselves that simply buying/ trading/ holding bitcoin from market is much profitable and easier way to make money than start mining it.

[Intersan]

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 if btc had a stable price it still popular. Because bitcoin is not only use in trading, investing or others that can earn profit but you can use it for other transaction. Like online payment or online shopping we can use it to buy with a percentage discount. We can use also in pay bills and buy loads with the use of bitcoin you can get a discount. But for the others who wants to save and invests it is not good. I'm sure that bitcoin will be use in transaction payment and not for earning money or savings.

[Sled]

If USD had a stable price, would it still be as popular.

You can't compare USD against bitcoin because it is a different currency, bitcoin has limited supply while the government can always reproduce more USD if they want to and that makes it stable since there is no shortage that will happen even when the demand will increase.

Yes that is correct, USD and Bitcoin can't be compared to each other because there are very different to each other. Virtual vs Physical and Limited Supply to Unlimited. USD price is stable because it has unlimited and the government regulate it while bitcoin is not fixed on its price and that is good because we can earn while holding it and government doesn't regulate it, but if bitcoin will become stable then that is good for businesses.

[Fireblade]

If USD had a stable price, would it still be as popular.

You can't compare USD against bitcoin because it is a different currency, bitcoin has limited supply while the government can always reproduce more USD if they want to and that makes it stable since there is no shortage that will happen even when the demand will increase.

to me i think both are currencies but  bitcoin have the advantage to use it for both online as well as for online shopping also. that is a fact that the demand of bitcoin is increasing from time to time and therefore the price of bitcoin will also continue to increase and therefore we cannot expect a balance price from bitcoin. but in my opinions i think bitcoin will also remain as popular if its price remain as stable.

[FlightyPouch]

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 if btc had a stable price it still popular. Because bitcoin is not only use in trading, investing or others that can earn profit but you can use it for other transaction. Like online payment or online shopping we can use it to buy with a percentage discount. We can use also in pay bills and buy loads with the use of bitcoin you can get a discount. But for the others who wants to save and invests it is not good. I'm sure that bitcoin will be use in transaction payment and not for earning money or savings.

It can be popular, but not that popular. Many users like bitcoin because it's price is really unpredictable, so many users, high price, high demand high price especially bitcoin is also limited. People use it for trading because it has a unpredictable price, it will pump, it will dump, and that is a good thing for traders to earn profit,if it has stable proce, who would want to trade bitcoin? In that case it will be a good investment, many companies will be accepting bitcoin, transactions will be really popular too because people like fast transactions.