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

[TheUltraElite]

Yes of course it still be popular we know that bitcoin if stable in a month expect that for a next month its been goes up or down. That is bitcoin there is always have fluctuation.

Price stabilty can be experienced often with bitcoin. Even when it is stable minor price fluctuations can be felt. In my opinion even if the price is stable people will use it, because of its increased price serving as a storage token helpful in tax evasion and for gambling and related needs.

I agree that people will use bitcoin even more if it has a stable price because they will just treat bitcoin as their secondary money and they can easily use it online with a lot of advantages like security where bitcoin is anonymous and also saving money because it is cheap to do transaction rather than in the bank and also fast.

Also the people will worry less of their money in Bitcoin due to its stability of price if ever. Though the fluctuations have its benefits that a lot of people benefited from it which is also nice. The point is the user of Bitcoin not seeing the price as the only edge of this cryptocurrency and it has a lot to offer than this.

I think people will worry more specially the traders is the prices become stable. But it wont remain stable for long, because some people will start selling and prices will fall and again someone will buy and prices will rise - and bitcoin will be volatile once again Volatility in crypto market is a temporary issue, specially for bitcoin since it is bound to be volatile due the the huge volumes traded everyday.

[1714619872]

1714619872

[geegaw]

i think bitcoin will be more popular when bitcoin have fluctuating prices. you can see the volume in each exchange can rise so high. I would expect that it would be more accepted by people as a stable store of value. However, It may not be used as a long term investment because there would be little potential for gain.

That's right, you'll see the bitcoin market volume drops when the bitcoin price is stable. And volume will rise when prices move fast. I think users prefer fluctuations rather than stable prices

I have to agree. Trading in a currency which is stable isn't worth it to trade since there is no advantage from them. Thus, they can't buy low and sell high. As a trader, no one will choose stable market if it is possible.

Yeah, traders never like stability coming from bitcoin, they always want the price of bitcoin will fluctuate every day, that could help traders earn profit from bitcoin. Stable price means no change over time, no investment attraction and no development, if it goes on, it will be the past and I believe that nobody likes to invest in places where there is no future. And I also believe that if there is no fluctuation, traders will also create volatility. Traders make profit based on fluctuations, if there is no volatility they will not survive

[lilit]

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 bitcoin with a stable price will not be so popular, because it can not be earned with an increase in price.

[bouren]

Did you mean Bitcoin with no volatility!! How can we recognize Bitcoin to be Bitcoin after that??
It will become merely a piggy bank and will limited to the function of 'store of value'
As a result of which it would left behind in popularity from other investing means like stocks and its uses get limited.

[wutard]

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 do not think that bitcoin will be more stable, because it is not regulated by anyone and depends only on user activity.

[jak3]

I donno I have seen many altcoins which has price less than 1$ and they are quite popular. well its try they are not as popular as bitcoin and the only reason behind it is its huge rising price which is like sun besides a planet. obviously its the price everyone look but if it had stable price then also people gonna love it maybe then they will not even hesitate to give bitcoins as tips

[hatshepsut93]

The answer depends on what do you mean by words "used" and "popular". If Bitcoin price was stable, it would be more accepted as a currency, but it's hard to tell how big this effect would be, since there are many other factors that prevent mass adoption. As for trading, in real life nothing stays the same in price for long, unless it's useless (like dead altcoins). So it's unrealistic to think about effects of stale price on trading.

[sana54210]

As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10
So what are you waiting for, just believe with bitcoin now

Yes, looking at the prices of the huge difference of what the bitcoin started with and what is the current price we can say that it’s a time of the Bitcoin. No one was ready to believe it initially. Only a few people, who were smart enough, foresighted to understand the concept availed the great chance. Even for now is an opportunity to avail and now a day people are adopting it. This makes me to say that the bitcoin is not going to lose its popularity ever.

[batang_bitcoin]

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 do not think that bitcoin will be more stable, because it is not regulated by anyone and depends only on user activity.

Are you suppose to say that it is not going to become popular if it has a stable price? This is why bitcoin is being liked by a lot of investors and other people that are pushing decentralization that wants to avoid taxes from the governments and wanting to have an anonymous transaction. And the price is unstable which is giving more chances to make profit.

[Sled]

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 do not think that bitcoin will be more stable, because it is not regulated by anyone and depends only on user activity.

Are you suppose to say that it is not going to become popular if it has a stable price? This is why bitcoin is being liked by a lot of investors and other people that are pushing decentralization that wants to avoid taxes from the governments and wanting to have an anonymous transaction. And the price is unstable which is giving more chances to make profit.

Popularity of bitcoin is depending on the situation, if more and more stores and malls like bitcoin for being stable then it will continue to become popular because it will have a fixed value just like in the fiat but a lot of advantage while it can be popular also if the bitcoin price is unstable because a lot of traders and investors will also like it and it will result for bitcoin to continue becoming a popular currency.

[batang_bitcoin]

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 do not think that bitcoin will be more stable, because it is not regulated by anyone and depends only on user activity.

Are you suppose to say that it is not going to become popular if it has a stable price? This is why bitcoin is being liked by a lot of investors and other people that are pushing decentralization that wants to avoid taxes from the governments and wanting to have an anonymous transaction. And the price is unstable which is giving more chances to make profit.

Popularity of bitcoin is depending on the situation, if more and more stores and malls like bitcoin for being stable then it will continue to become popular because it will have a fixed value just like in the fiat but a lot of advantage while it can be popular also if the bitcoin price is unstable because a lot of traders and investors will also like it and it will result for bitcoin to continue becoming a popular currency.

The first thing that store or mall owners will think is that why they need to adopt a digital currency if most of their customers are using credit cards and cash. But because of the feature of bitcoin for having unstable price it attracted first people that are willing to invest and then the popularity came over next.

[TheUltraElite]

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 do not think that bitcoin will be more stable, because it is not regulated by anyone and depends only on user activity.

Are you suppose to say that it is not going to become popular if it has a stable price? This is why bitcoin is being liked by a lot of investors and other people that are pushing decentralization that wants to avoid taxes from the governments and wanting to have an anonymous transaction. And the price is unstable which is giving more chances to make profit.

Popularity of bitcoin is depending on the situation, if more and more stores and malls like bitcoin for being stable then it will continue to become popular because it will have a fixed value just like in the fiat but a lot of advantage while it can be popular also if the bitcoin price is unstable because a lot of traders and investors will also like it and it will result for bitcoin to continue becoming a popular currency.

The first thing that store or mall owners will think is that why they need to adopt a digital currency if most of their customers are using credit cards and cash. But because of the feature of bitcoin for having unstable price it attracted first people that are willing to invest and then the popularity came over next.

If the merchants and owners of shops are willing to accept bitcoin payments then its not much of a problem. They simply need to adjust the price of bitcoin according to current price of bitcoin. Again another thing is the fees of the network. People are not willing to wait for hours to confirm a big transaction just because it will cost a lot of mining fees - they prefer to give smaller fees, on the other hand credit cards have instantaneous confirmed transactions.

[gabmen]

As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10
So what are you waiting for, just believe with bitcoin now

Yes, looking at the prices of the huge difference of what the bitcoin started with and what is the current price we can say that it’s a time of the Bitcoin. No one was ready to believe it initially. Only a few people, who were smart enough, foresighted to understand the concept availed the great chance. Even for now is an opportunity to avail and now a day people are adopting it. This makes me to say that the bitcoin is not going to lose its popularity ever.

At this point, if the price gets stable at this rate, then I think it would be faster for btc to be popular even if it gets really steady. The price is already pretty high right now and I think we're already past the state wherein btc will drop to such lows. If btc price went stagnant when it was still low, then that may damage the popularity of btc but I think that time is over now

[webtricks]

As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10
So what are you waiting for, just believe with bitcoin now

Yes, looking at the prices of the huge difference of what the bitcoin started with and what is the current price we can say that it’s a time of the Bitcoin. No one was ready to believe it initially. Only a few people, who were smart enough, foresighted to understand the concept availed the great chance. Even for now is an opportunity to avail and now a day people are adopting it. This makes me to say that the bitcoin is not going to lose its popularity ever.

At this point, if the price gets stable at this rate, then I think it would be faster for btc to be popular even if it gets really steady. The price is already pretty high right now and I think we're already past the state wherein btc will drop to such lows. If btc price went stagnant when it was still low, then that may damage the popularity of btc but I think that time is over now

I don't think downward trends in Bitcoin are any big threat for its popularity. Bitcoin was able to recover downfall of $800 in past as people never lost faith in it. This is the main reason why I guess stable bitcoin would still be popular as people believe in Bitcoin and use it on mass scale due to its non-matching features. Stagnant price for a period would be unable to snatch people's interest from Bitcoin for sure.

[davinchi]

As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10
So what are you waiting for, just believe with bitcoin now

I do believe on bitcoin and I also think everyone should belive on bitcoin. because besides everything the fact is that bitcoin is the future currency. and I don't think bitcoin's price will matter a lot. 

You mean to say that if price of bitcoins falls in future still it will hold the same popularity? I don't think so as if price will crash down then many people would not be interested in using it and will switch to some other investments.

Yes, It's too unrealistic because most of the bitcoin users came cause they wanna earn money rather than finding it as a future if technology or something . Of course there will be people who will stay but don't expect it to be the same as always . But I believe that cryptocurrency will always be popular as it is now because it already gived an impact on peoples life they will just switch to other altcoin if they ever lose hope on bitcoin .

Initially people came to earn money and so is now, people are here to earn but they also have realized the value and the change in the society. People give preference to the bitcoin instead of the traditional system. There are people who just don’t want to make money in fact they want to increase the net worth of their assets. The bitcoin is now become an asset for the people. Those are the people who are never gonna let the Bitcoin go down.

[batang_bitcoin]

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 do not think that bitcoin will be more stable, because it is not regulated by anyone and depends only on user activity.

Are you suppose to say that it is not going to become popular if it has a stable price? This is why bitcoin is being liked by a lot of investors and other people that are pushing decentralization that wants to avoid taxes from the governments and wanting to have an anonymous transaction. And the price is unstable which is giving more chances to make profit.

Popularity of bitcoin is depending on the situation, if more and more stores and malls like bitcoin for being stable then it will continue to become popular because it will have a fixed value just like in the fiat but a lot of advantage while it can be popular also if the bitcoin price is unstable because a lot of traders and investors will also like it and it will result for bitcoin to continue becoming a popular currency.

The first thing that store or mall owners will think is that why they need to adopt a digital currency if most of their customers are using credit cards and cash. But because of the feature of bitcoin for having unstable price it attracted first people that are willing to invest and then the popularity came over next.

If the merchants and owners of shops are willing to accept bitcoin payments then its not much of a problem. They simply need to adjust the price of bitcoin according to current price of bitcoin. Again another thing is the fees of the network. People are not willing to wait for hours to confirm a big transaction just because it will cost a lot of mining fees - they prefer to give smaller fees, on the other hand credit cards have instantaneous confirmed transactions.

As long you can see that your transaction is already on the network I guess it will not be a big problem. I hope that this will be fixed soon too. And right now we are seeing the popularity of bitcoin grows rapidly and most of the people are investing is because of its moving price.

[FasTroy]

The answer depends on what do you mean by words "used" and "popular". If Bitcoin price was stable, it would be more accepted as a currency, but it's hard to tell how big this effect would be, since there are many other factors that prevent mass adoption. As for trading, in real life nothing stays the same in price for long, unless it's useless (like dead altcoins). So it's unrealistic to think about effects of stale price on trading.

You are definitely right. In our world there isn't a stable value of currencies, Volatility must be in financial market. So, I will reply to your question by YES.
Even if bitcoin price will be stable, I think people will use it like other currencies. Also with this high value everybody want use it.

[Janation]

The answer depends on what do you mean by words "used" and "popular". If Bitcoin price was stable, it would be more accepted as a currency, but it's hard to tell how big this effect would be, since there are many other factors that prevent mass adoption. As for trading, in real life nothing stays the same in price for long, unless it's useless (like dead altcoins). So it's unrealistic to think about effects of stale price on trading.

You are definitely right. In our world there isn't a stable value of currencies, Volatility must be in financial market. So, I will reply to your question by YES.
Even if bitcoin price will be stable, I think people will use it like other currencies. Also with this high value everybody want use it.

People like it because it is volatile, It may be used as a digital currency but I don't think that it will be as popular as what is right now. It is popular because of it's volatility, though not only volatility but there are still others, but with a stable price it will be just used, but not that popular.

[mornabo]

The answer depends on what do you mean by words "used" and "popular". If Bitcoin price was stable, it would be more accepted as a currency, but it's hard to tell how big this effect would be, since there are many other factors that prevent mass adoption. As for trading, in real life nothing stays the same in price for long, unless it's useless (like dead altcoins). So it's unrealistic to think about effects of stale price on trading.

You are definitely right. In our world there isn't a stable value of currencies, Volatility must be in financial market. So, I will reply to your question by YES.
Even if bitcoin price will be stable, I think people will use it like other currencies. Also with this high value everybody want use it.

People like it because it is volatile, It may be used as a digital currency but I don't think that it will be as popular as what is right now. It is popular because of it's volatility, though not only volatility but there are still others, but with a stable price it will be just used, but not that popular.

Yeah because you can see most users today are investors and trades where they all prefer a fluctuating price compared to a stable price.

[Finestream]

The answer depends on what do you mean by words "used" and "popular". If Bitcoin price was stable, it would be more accepted as a currency, but it's hard to tell how big this effect would be, since there are many other factors that prevent mass adoption. As for trading, in real life nothing stays the same in price for long, unless it's useless (like dead altcoins). So it's unrealistic to think about effects of stale price on trading.

You are definitely right. In our world there isn't a stable value of currencies, Volatility must be in financial market. So, I will reply to your question by YES.
Even if bitcoin price will be stable, I think people will use it like other currencies. Also with this high value everybody want use it.

People like it because it is volatile, It may be used as a digital currency but I don't think that it will be as popular as what is right now. It is popular because of it's volatility, though not only volatility but there are still others, but with a stable price it will be just used, but not that popular.

Yeah because you can see most users today are investors and trades where they all prefer a fluctuating price compared to a stable price.

Not to my knowledge, I believe most users of bitcoin are those who love to spend like gamblers or buyers of products and services online. There are only few who are investing and that makes an increasing massive transaction on a daily basis. Honestly, I am more than a spender than an investor but I make it a point that I can have a good investment in the near future.