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

[Wandika]

If bitcoin has a stable price around 1000$ it will become more popular but if the price has fall down to less than 1 $ i think everybody will try to look for another coin to replace bitcoin

It is depend how it will become the progress of bitcoin to become a popular, yes maybe its become a stable a higher value go to be popular.

When volatility stops,  brc price will not change as well as our earnings or we will not earn at all since,  traders and holders earn only thru price movements due to its being volatile.

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[Whitegriever]

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 the short term, no, I don't think it would be nearly as popular.  Most of the outside attention that bitcoin gets has to do with its crazy price swings.  "Bitcoin up 5 bazillion percent" headlines get people's attention.  Without that, I don't think there would be much interest outside of those people who are already interested in cryptocurrencies.

I agree with you. I have a couple of friends that invest In stocks and even they have a hard time to get into bitcoin.

I ask them why and mostly they says that it's only interesting when you are the first wave. They keep an eye at it for sure but not serious enough to adapt to it.

Then they are wrong, you should explain to them that the price of bitcoin has no limit because it has limited supply but when it's becoming more popular we cannot limit the demand. It's a simple math, in fact if you will understand and you know the trend very well you could make great income here compared to stocks trading.

I agree with you i personally think that if bitcoin had a stable price nobody would  love it as much right now because you could net sell it for more but you could sell it for less so it is not profitable we should be happy that it does not have a stable price.

[djablom]

I think that the large and rapid growth in the price of bitcoin is due precisely to its popularity. When people stop buying bitcoin so actively then the price will stabilize. Price and excitement are mutually conditioned.

[Granxis]

It is a very comprehensive topic, but it will be good for many companies selling on the internet. Because sites that sell on the internet do not look very pleased that the price of Bitcoin is very variable.

[slavla3]

Yes , even if Bitcoin experienced a stable price, it would nevertheless be well-liked forex , simply because simply it is having really big group supporting it, and it is growing up every day.

[Himanshu111]

I don't think that if Bitcoin had a stable price,it would be that popular. A lot of people who believe in crypto like to trade and Bitcoin's volatile nature is the only reason day traders are able make to profits.
Loss in volatility will surely affect the popularity of Bitcoin.

[dioanna]

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?

hmmm to investors like me bitcoins volatility is its strongest characteristic in my opinion
but if bitcoin would have a stable price i guess it would be in consideration to be accepted as a valid payments for services and items widely.
so yeah i think it woulld still be popular

[Armstand]

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?

hmmm to investors like me bitcoins volatility is its strongest characteristic in my opinion
but if bitcoin would have a stable price i guess it would be in consideration to be accepted as a valid payments for services and items widely.
so yeah i think it woulld still be popular

Once btc became stable,we don't know where we can earn, volatility is the reason of the holdlers and traders why they earn,the famous buy low,sell at high

[Hui8]

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, dollar is still popular and guess what it is being used since many decades and people aren't tired of it. The reason is simple here, you have an asset or thing which carries value which you can use to buy things, products, services etc. I believe at the time of bitcoin having stable price it could have still be used as asset for storing the fiat currency and also shop and buy stuff online. At that time impleneation of it in the merchant store could have been more easy as it carries the equal amount everywhere so there won't be problem of deciding how much to send or trade with merchants.


Furthermore, bitcoin could have increased its value more than sufficient as people wouldn't have gone crazy about selling their coins when the price dump occurs. ;-) Due to that fact people will keep buying and thus the prices will hike like anything. May be this kind of scenario could have happened earlier.

[Zooplus]

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?

hmmm to investors like me bitcoins volatility is its strongest characteristic in my opinion
but if bitcoin would have a stable price i guess it would be in consideration to be accepted as a valid payments for services and items widely.
so yeah i think it woulld still be popular

Once btc became stable,we don't know where we can earn, volatility is the reason of the holdlers and traders why they earn,the famous buy low,sell at high

Don't expect it will be stable as it's far from happening, bitcoin has limited supply and with the increasing demand we can surely see
some price surge. These traders will take the opportunity to buy and sell with the nature of the market, if w are smart we can surely make money with trading.

[Sale_man]

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 pretty much think that would be the case since superstitious people won't be afraid of it anymore specially the elderly who spent a life time gathering funds and will be too afraid to invest in it or even use it . So volatility will be off the table and people will gain more trust in bitcoin and thus it will be spread much more in the world .

[Lpim01]

I'm not sure bitcoin will remain popular if the price is stable. because the current of bitcoin is the fluctuating value. sometimes up, sometimes also dropped dramatically. so if the price of bitcoin is stable then will you keep using bitcoin?

Becoming stable is very far from that because bitcoin isn't controlled from someone. Only the demand and supply that makes bitcoin flow in the market that's why isn't possible to become stable. Everytime we've have experience fluctuation of bitcoin price and thats because of having changes in demand and supply in the market.

[Sled]

I'm not sure bitcoin will remain popular if the price is stable. because the current of bitcoin is the fluctuating value. sometimes up, sometimes also dropped dramatically. so if the price of bitcoin is stable then will you keep using bitcoin?

Becoming stable is very far from that because bitcoin isn't controlled from someone. Only the demand and supply that makes bitcoin flow in the market that's why isn't possible to become stable. Everytime we've have experience fluctuation of bitcoin price and thats because of having changes in demand and supply in the market.

Indeed, the price of bitcoin will never become stable because there is no one that can manage to make it stable and control the market since it is decentralized and a lot of people know that bitcoin is only up to the law of the demand and supply and the only thing that we can do is either keep complaining for the volatility or take action to make it as an advantage to make money out of it.

[KroFly]

I believe that bitcoin with a stable price will not be so popular. I use it mainly to make money at a price increase and stable bitcoin is just not needed to me like most users.

[Pivo]

If it wpuld stabilize then it wpuld be much more popular since people would be much more confident to store their assets in Bitcoin since they don't have that fear that one day it will just dump hence the value of their Bitcoin holdings will drop but with stabilization then it simply means it has a good market support.

[jaran126]

Bitcoin will still be popular. Because with an unstable price is also popular, especially with a stable price?
Most likely if bitcoin prices stable will attract more people to bitcoin. One of the major 'cons' you have today (because people are considering joining) is that it's very unstable and you may have less money (say in USD) a day after you buy Bitcoin.

[Viyamore]

I believe that bitcoin with a stable price will not be so popular. I use it mainly to make money at a price increase and stable bitcoin is just not needed to me like most users.

Bitcoin become only popular because of its price that is continuously growing and how bitcoin is advantage in the current fiat money. It is a guarantee that if bitcpins is stable it will not be popular and not like on these days price equivalent.

[Chienna]

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 no, because bitcoin become popular because of ots rate that change everyday. Sometimes up and sometimes down. It is also popular bacausw it is expensive. It will never be stable because the who manage it are different.

[Granxis]

I think the price of bitcoin is better fixed. Investors get mad at me. Because I am an investor. If the price of the bitcoin is fixed, the payment method will be improved. Was not Bitcoin's intention to exist?

[HasHe]

If bitcoin had a stable price,then traders who make profits with the difference in bitcoin price would start losing interest as they would not be getting enough profits.

Also,people who mostly buy bitcoins nowadays as an investment due to its increasing price would stop buying it as it would be of no use for them if bitcoin price gets stable.

On the other hand,retailers would readily start accepting bitcoins as payment since they were very much concerned about bitcoin's volatility these much days.Also,many countries which have not yet legalized bitcoin due to its volatility would start legalizing it.