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

[Pfizer]

I dont think it would be as popular in the mainstream, no.

The insanely high gains (and lack of stability in a generally upward direction) is what has made bitcoin so incredibly popular over the last while.

If it had a stable price it would still have all of its features (decentralization, fast transfers, cheaper transfers, finite supply, easily stored, etc.) but I doubt that it would have the same attention. Returns garner the TV and media attention

Stability is a very strange term for bitcoin. The reason why people are attracted by bitcoin is the price fluctutations. Without this fluctuation, I don't think that the crowds would get attracted by bitcoin. The price should move up and down.

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[djselery]

Nope. If Bitcoin had a stable price many users will deal with it as normal currency to buy and sell things online, but not as an asset which can give you the opportunity to make good profit with time. This way many people will feel uncomfortable using Bitcoin.

[sapnu]

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?

In my opinion, it would be more popular. Maybe, it is why governments doubt about making Bitcoi  and other cryptocurrency, legal. And the possible reason is that, its price changes from time to time which won't always be an advantage. If the change is making its value high, it is good but there are times that its price is falling. If it will be stable, or better if highly stable, it will be more popular to most countries and people because the risk of losing money on investing to it will be lessen.

[FlightyPouch]

Nope. If Bitcoin had a stable price many users will deal with it as normal currency to buy and sell things online, but not as an asset which can give you the opportunity to make good profit with time. This way many people will feel uncomfortable using Bitcoin.

I think it will be popular but not that popular as bitcoin is right now. Most of the investors put their money into bitcoin beccause they knew it will be having a good price in the future amd they can see that quickly.

I don't know how people will be uncomfortable with it, who don't want a currency you can use online right? They will be using it and I think there will be no debate about transactions and development of bitcoin.

[Aventhe]

Yes, I think it would attract the same amount of people, if not more - as mentioned by Lauda. Many people are afraid to invest into cryptocurrencies because of their fluctuating value. Same goes for businesses, if Bitcoin's value dropped drastically (highly unlikely, but still), then businesses would surely loose a lot of money, if not having to close down their store. For the average consumer, I think it would attract more and Bitcoin would start to be used mainly as a currency, and not an investment asset.  

[man1996]

Bitcoin will not be stable for long as you we know that the price is always changing.It falls and rises with time.When it rises, it comes as a good news to the people.

We can't predict what will happen in the future.

[BigTeeths]

Most of peoplw who invest in btc and other altcoins are expecting for an increase in price. Trading is one of the things that make BTC popular so it wouldn't be if it's stable.

[Twinscoin2017]

Most of peoplw who invest in btc and other altcoins are expecting for an increase in price. Trading is one of the things that make BTC popular so it wouldn't be if it's stable.

yes i agree the price of bitcoin is the most exciting price that can increase anytime i think if it is stable  bitcoin could not be popular.

[rachelia13]

Most of peoplw who invest in btc and other altcoins are expecting for an increase in price. Trading is one of the things that make BTC popular so it wouldn't be if it's stable.

yes i agree the price of bitcoin is the most exciting price that can increase anytime i think if it is stable  bitcoin could not be popular.

I also agree with your opinion, if bitcoin prices stable bitcoin may not be popular because nowadays bitcoin so popular  because the price is getting up and could provide a major advantage, if the price is stable can we get profit from it ?

[yndye]

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 it would not be as popular as it is now because personally, I became interested to it because of price fluctuations and the potential profit I can make if I will buy and sell at the right time. Being a trader, I like big fluctuations though risky because big fluctuations means big profits and big losses as well but then bitcoin is increasing so I am less worried if the price goes down because I believe it will go up again. I would rather choose trading in stock market if the price movement is like what you said since the movement in stocks is just the same and its backed by government.

[jonnybravo0411]

The stable price of bitcoin will not bring him such popularity as now. Many investors use it as an investment tool, and stability will not allow you to earn on the growth of its price.

[Japinat]

Most of peoplw who invest in btc and other altcoins are expecting for an increase in price. Trading is one of the things that make BTC popular so it wouldn't be if it's stable.

yes i agree the price of bitcoin is the most exciting price that can increase anytime i think if it is stable  bitcoin could not be popular.

I also agree with your opinion, if bitcoin prices stable bitcoin may not be popular because nowadays bitcoin so popular  because the price is getting up and could provide a major advantage, if the price is stable can we get profit from it ?

It's very healthy to see the price not stable, this is the favorites of the traders and long term investors would find it okay because they profit in the long run as the price is moving in an uptrend. That's why if you are only a long term investor, you just need to trust the market and have that vision that it will be successful in the future because it could help the world.

[Isaacck]

Maybe No, maybe Yes. There is no surely on this question. What if this stable price is 0.05$-0.10$ so low value right? Well that's only a What if, but as of now, bitcoin is popular and many people use this for transaction. Making them wiser and clever in having a transaction on other people.

[Yasirmrd]

The stable price of bitcoin will not bring him such popularity as now. Many investors use it as an investment tool, and stability will not allow you to earn on the growth of its price.

Fast fluctuation in price of bitcoin is the attraction for investors and if the price get stable it would not be this popular BUT the fact is that the price will not get stable as the demand for bitcoin is increasing day by day as more and more people are investing in bitcoin and joining the market. Bitoin is going to lead the market for long time.

[Igebotz]

yes for me why ? it because of the technology behind it the fast transactions county to county. it is the most fastest remittance on earth right now. you can in cash your money without any troubles

[Anarchist]

A stable value or not won't make Bitcoin more popular as it is today. It depends on people using it, places to spend it and so on... If there are n more solutions more easy to use, people will still be worried to use it. There are lot of people who know what Bitcoin is, but just a few who understand how it works exactly

[buharikx31]

It can stay popular, to get that point bitcoin need to have a better Market cup then it is right now, maybe after that if people wouldbe satisfied by the price it can stabalize. I will be more more motivated if it would grow up in price, a lot of altcoins have that stable price point but they dont have that popularity as coins which can grow and have perspective

[Pattart]

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, I guess btc will still be popular even at a stable price. Usually, investors are looking for stability before they invest so I'm sure that btc will not lose an investor. Though, it being unstable is a great factor that attracts more people into it especially traders. It will still be popular even if the value is stable but not so much as popular as it is today. So I'd still go with unstable since it is the very reason why it got so popular that most people are eager to have their own btc.

i don't think so, i think it will lose ts popularity and most of the people goes toward other crypto to gain profit and in the mean of trading. the beauty of bitcoin is that its price is keeps on changing and from the day it has started it is going high and high and that is thing that a lot of people and investors coming towards it in the sake of profit.

- I agree with you, investors focus more on bitcoin because the price of bitcoin is always changing, that makes them make more money. If bitcoin has a stable price, they will not earn money and bitcoin will be like gold, they will eventually get rid of it and seek out new investments
- In addition, bitcoin is a place for whales to make money, they will not let the price of the bitcoin stabilize, they will always pump strong or dump strong to make money with bitcoin, wanting the price of bitcoin stable is an impossible thing

Yeah I think investors will lose their interest in bitcoin if bitcoin prices stabilize because their purpose of investing in bitcoin is one of fluctuation. if bitcoin prices become stable maybe many of them will go away because they do not find profits quickly anymore. Maybe they will choose gold because it is safer than bitcoin

[doomloop]

Most of peoplw who invest in btc and other altcoins are expecting for an increase in price. Trading is one of the things that make BTC popular so it wouldn't be if it's stable.

yes i agree the price of bitcoin is the most exciting price that can increase anytime i think if it is stable  bitcoin could not be popular.

I also agree with your opinion, if bitcoin prices stable bitcoin may not be popular because nowadays bitcoin so popular  because the price is getting up and could provide a major advantage, if the price is stable can we get profit from it ?

I think the stability of the bitcoin cannot affect the popularity and the price of the bitcoin because the price of the bitcoin is already very high but the instability is also a quality of the bitcoin so it is good for bitcoin to be unstable, the price of the bitcoin attracts a lot of people towards it and it is increasing the popularity as well so unstable bitcoin is more popular than the stable one can be.

[YGM]

I don't think so, because most attractive part of bitcoin is its value and now a days as it is increasing, it is attracting most of the people to invest or trade with bitcoin to make huge profits.