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

[Wingo]

I think not, it is what made bitcoin popular. There are many digital currencies other than bitcoin, and if it will have a stable price, people will end up investing to other crypto currencies which will lead to the fall of bitcoin.

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[Sadlife]

Even other resources such as gold, oil or dollars doesn't always go up and sometimes the price drops. Bitcoin is also the same the price doesn't go up forever sometimes it dips but this is only natural for a currency cause you can buy and sell more bitcoins in order to make profit when price is high and you have bought lots of bitcoin you sell those and re buy in the next dip. Volatility is natural to any resources would you consider this a loss or mae this a chance to make profit ?

[iyan33]

in my opinion bitcoin will continue to be popular even though the price is stable of course because the value of bitcoin is so high that the popularity is not likely to go down because of price stability

[darkangel]

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?

That of course! If bitcoin has a stable price it will be more popular. Bitcoin players will be less worried about price fluctuations. Stability helps you believe bitcoin and choose how much you will invest. I also hope the bitcoin market is stable.

[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?

That of course! If bitcoin has a stable price it will be more popular. Bitcoin players will be less worried about price fluctuations. Stability helps you believe bitcoin and choose how much you will invest. I also hope the bitcoin market is stable.

We can reach to that point where the price of bitcoin is stable and also the market is stable because if we are going to have more and more people to invest in bitcoin then it is automatically a high chance for us to experience stability because the supply will get well distributed for different people and they will hold their coins and that will result for having stability.

[Cosbycoin]

The extreme volatility of bitcoin made it attractive to speculators wanting a big return in their investment. It allowed wealth creation for traders that knew how to exploit it. If it ever to become stable and maybe one day it will then it is going to be just one of the many available asset to be traded with and traders looking for more volatility will shift to other coins.

That’s crystal clear volatility is playing significant role in the promotion and popularity of bitcoins. The volatile nature of bitcoins has provided people with opportunities of earning great profits are short time. People were always longing for an investment which increases their capital manifolds and bitcoins are doing very thing.

[Viscore]

The extreme volatility of bitcoin made it attractive to speculators wanting a big return in their investment. It allowed wealth creation for traders that knew how to exploit it. If it ever to become stable and maybe one day it will then it is going to be just one of the many available asset to be traded with and traders looking for more volatility will shift to other coins.

That’s crystal clear volatility is playing significant role in the promotion and popularity of bitcoins. The volatile nature of bitcoins has provided people with opportunities of earning great profits are short time. People were always longing for an investment which increases their capital manifolds and bitcoins are doing very thing.

Therefore you do not only invest for long term but also take the opportunity to trade regularly since the price is volatile.
Master trading by learning on your mistakes and you will be happy doing your job, it's actually better than working because even if there is
a big risk in trading but with great skills you can achieve your dreams easily.

[lonelygrimm]

there is so much people interested with bitcoin because it's phenomenon of how the price is goes high and higher every year, if the price stable that maybe happening when the market boring because you know the stock of bitcoin will reduce every a period, bitcoin will be less popular, maybe people will move to another popular crypto like ETH maybe as a reference

[iMark]

well i guess its a no, we all know that bitcoin is known as the highest value in the cryptocurrency, so it will not be popular if the price of it is stable like a paper money, and also there are no altcoins now if bitcoin has stable price.

I don't think that there is a direct connection for altcoin and the stability of the price of bitcoin because even though bitcoin has a stable price, we can still trade altcoins because they have their own basis for their price and that is supply and demand of their own cryptocurrency and bitcoin will become more popular if it has a stable price because a lot of business will become comfortable in accepting it.

I think even though the bitcoin price becomes stable though, it will not kill altcoin dude. thats right, there is no direct relationship between the stability of bitcoin and altcoin, altcoin will still have a price according to their circumstances and situation. and I think stable prices will affect the level of popularity of bitcoin because most users want a fluctuating price

[PhucS]

there is so much people interested with bitcoin because it's phenomenon of how the price is goes high and higher every year, if the price stable that maybe happening when the market boring because you know the stock of bitcoin will reduce every a period, bitcoin will be less popular, maybe people will move to another popular crypto like ETH maybe as a reference

High value is one of Bitcoin's biggest advantages to attract more people interested in it. The evidence is so obvious, a couple of years ago, when the Bitcoin value was low I saw very few people turning to it but now it's completely different. Bitcoin has a record high value, dominating the world of electronic money making many curious people want to know about it to invest. If Bitcoin has a stable price then I think it will happen as you say, it's too boring. There will be very few people choose it for investment because its value does not increase, they will not be profitable

[Glorious04]

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 is popular despite it's volatility. Bitcoin holders are enjoying it's high value right now. Though not in all countries.

[Minotus]

I think it would still be popular because we are talking about a economy that worths billions. Although it's obvious high profit potential is attracting lots of people.

[bitbunnny]

I don't think that stability od price would influence Bitcoin in negative way. At certain stage when the price is high enough people wouldn't care that much is Bitcoin volatile or not, the only thing that could be a problem is for the traders, they make money on volatility.

[Celsiuss]

I think a portion of people who are using bitcoin for active trading would leave, but another large user group would join. Those who don't like the constant price change and would use it daily if the price was stable.

[Sanitough]

I don't think that stability od price would influence Bitcoin in negative way. At certain stage when the price is high enough people wouldn't care that much is Bitcoin volatile or not, the only thing that could be a problem is for the traders, they make money on volatility.

Bitcoin will always remain volatile, that is how it's nature goes so we have to live with that.
If we are a trader we would be very happy with that because we have a great opportunity to make money anytime we want.
Bitcoin will be stable then we should be happy if we are a long term investor.

[Jingjing12345]

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?

yes, it will be popular. bitcoin popular because people can earn from it . It helps people so that many people like it and working on it.

[NerdYale]

I dont think so.  One of the biggest reason why  people invested in bitcoin is the price that is quickly rising in a span of days. 

[Sithara007]

I guess now a lot of guys will put up their hand in favor of stable prices, as the exchange rate is going down. But when the prices are increasing everyday, no one wants a stable prize. As I pointed out, both are having its own advantages and disadvantages. The merchants would prefer a stable exchange rate,  while the traders will be happy with a more volatile valuation.

[abayan]

I guess now a lot of guys will put up their hand in favor of stable prices, as the exchange rate is going down. But when the prices are increasing everyday, no one wants a stable prize. As I pointed out, both are having its own advantages and disadvantages. The merchants would prefer a stable exchange rate,  while the traders will be happy with a more volatile valuation.

I don't think so because all of us who knows what bitcoins can gave us in the future we want almost of us to have a volatiliy of bitcoins price unlike to be stable. It will not create a rush or the panice buying in the coming investors that frequently happens.

[PizzaBTC]

 I think  the main reason people make use of Bitcoin is because of the unstable price in the market that makes it into popular ,good thing for this is that it double your investment  that's why some people hold their coins until it will rise in the market.

If you think like a gambler then you would love the unstability of the price, however if you look in the investor position then unstable means unsafe and why would anyone invest lots of money in some unsafe instruments, other than investing in the price its better to have your own rig, it does have a stable income and you still own the hardware.

That’s not pretty true. I am investor but love the volatile nature of bitcoins. It is not risky at all. Why you people can’t see it from different angle? It is opportunity for us to grab as many bitcoins as possible to enjoy grand profits when they are in pumping stage. Volatile nature leads to great pumps.