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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 169920 times)
romero121
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November 09, 2017, 12:15:30 PM
 #2641

as long as bitcoin is still easy to get, I think bitcoin will remain popular. Well, many people are looking for bitcoin not just because of the price, but because bitcoin is becoming a center for making money. from trading, gambling, investing, advertising, and more. price is just one of the benefits of bitcoin.
Till the day it provides path for earning, bitcoin will be used as well the same will keep on growing to reach new milestone. You could find several such investments, but nowhere we get an opportunity to multiply what we have in the wallet until we make it as an investment. So, even holding benefits with profit, and when price becomes stable the earning opportunities available will surely gets shrunken.

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November 09, 2017, 12:32:16 PM
 #2642

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's hard to happen because bitcoin is decentralized, it's no different from gold if it really happens, bitcoin is known for its advantages given as a digital currency and most importantly because of its high value which benefits its users.

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November 09, 2017, 12:45:38 PM
 #2643

Yes. Because of the fact that it is decentralized. If we are talking about stable price then it should be high enough since the demand in that market would be goods of high value plus the fact that there are many participants in the market. So stable price would be pretty high still and it would be popular still.
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November 09, 2017, 02:06:27 PM
 #2644

A stable price will guarantee it will be used more commonly by merchants, instead of holding on to coins in order for price to rise. Stable currency is the basis of its success (and we're not there yet).
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November 10, 2017, 12:54:54 AM
 #2645

Bitcoin better than precious metal in terms of achieving temporary increases. My trick to can invest in gold is, buying and selling bitcoin and revenue i use to purchase gold.
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November 10, 2017, 03:22:34 PM
 #2646

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?

Of course bitcoin will remain popular. because it is a digital currency, different from fiat currency.

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November 10, 2017, 03:26:50 PM
 #2647

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?
if bitcoin is stable. bitcoin is like other currency and bitcoin will not be famous as now. the unique characteristic of bitcoin, dumping and pumping as high as no other currency can do makes it famous

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November 10, 2017, 04:09:57 PM
 #2648

Bitcoin is already popular and it's going to be a trend setter.
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November 10, 2017, 04:14:52 PM
 #2649

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?

Of course bitcoin will remain popular. because it is a digital currency, different from fiat currency.

I agree because this is something new and not something old. People will still think that this is the future. So they would use it i will also just store my money on it.

Because bitcoin would not go high and it will not fall down hard.

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November 10, 2017, 04:29:38 PM
 #2650

Yes. Because of the fact that it is decentralized. If we are talking about stable price then it should be high enough since the demand in that market would be goods of high value plus the fact that there are many participants in the market. So stable price would be pretty high still and it would be popular still.

I doubt that.  Stable means no changing and if bitcoin will have this it is possible to be stuck at high value but also possible at low price. If I am ot wrong bitcoin is not this popular when its price was just below $1000 and now that it had grown many people became interested on it and in earning it. Its popularity is what driving its price and more investors means more money.

I certainly do doubt that bitcoin will be like this if it is not popular because if that is the case then there will be no graphs and "talks" about it.
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November 10, 2017, 04:39:15 PM
 #2651

I suppose even if Bitcoin is stable in its price it will be still popular. Certainly, its popularity will be not as high as we can see it now. It wil buy people, who do not want dealing with banks and their commissions and hate taxes, and they will keep BTC on their wallets.

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November 10, 2017, 05:31:54 PM
 #2652

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?
No, it would not be so popular if the price of bitcoin is stable. It cant attract some investors and traders. And in some ways it cant attract many people to join here in bitcoin. Now the price of bitcoin is high so it became famous in many countries and use this as payments.

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November 10, 2017, 06:45:09 PM
 #2653

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 would guess most probably not and the only people who would flock to such type of a coin or market would be those of traditional markets. It would fit their scheme very well and at the same time would not change what

they do on a daily basis. Hard to imagine normal people entering this type of market because the gains wont be as massive and the little guy needs massive gains to see and real returns on their money.

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November 10, 2017, 06:54:41 PM
 #2654

yes, if bitcoin become a stable currency then it will get popularity all over the world, as with that more of the business will believe on it and they will not feel fear for its price drop, and so if it get establish on online market people will also start to adopt it.
I guess if bitcoin's price would be stable it can be a positive outcome and negative outcome at the same time. Some people would take it positively because they will not doubt to invest or buy such because they are sure about the price of it. While some can also take it negatively because they might not invest on bitcoin anymore. Because at first thwy are interested only in the fact that the price increases.

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November 10, 2017, 07:10:27 PM
 #2655

Stability is what people are looking for. People like to experiment and with the experimentations come big expectations when investing in BTC. People invest hoping that they will get rich someday, maybe even overnight but in the end, when they see small drops from a current state of value, people would be satisfied with the stable price that would give them some kind of security for their investment.

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November 10, 2017, 07:26:04 PM
 #2656

Individuals contribute trusting that they will get rich sometime in the future, possibly overnight yet at last, when they see little drops from a present condition of significant worth, individuals would be happy with the steady value that would give them some sort of security for their speculation.

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November 11, 2017, 12:23:36 AM
 #2657

If bitcoins has a stable price, bitcoin will still be popular. Let us not forget the traits of bitcoin, first it is decentralized, it is more safe since you need a private key for your wallet and also bitcoin's transaction is anonymous and is not bring monitored by banks and the government, thus making it more reliable when it comes to transactions.since there are no taxes to pay and you just need a trusted wallet. I think if we go back, bitcoin's price.was.originally below one dollar and back then it was used as currency and because of its traits, bitcoin became famous but originally, it is created to be an alternative to fiat money and due to supply and demand the value of bitcoin increased.

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November 11, 2017, 09:17:06 AM
 #2658

If Bitcoin has stable price, that would be great for those who have a lot of Bitcoin. And it will be more popular in the whole world. Nowadays bitcoiner always worried about the price of Bitcoin, cause if Bitcoin dump it will affect their profit due to unstable price of Bitcoin, they need to look for a wallet that what ever happen, Bitcoin price will not affect their  profit. So I guess that would be a good news for us if that happen.
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November 11, 2017, 10:22:55 AM
 #2659

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?

actually if bitcoin had a stable price it will not be popular because if the bitcoin price is low and it did not change no people want to try it or some user dont want to try to hold their bitcoin because of the stable price. And i think if some bitcoin user have already a token came for the signature campaign it will trade fast without any hesitation. if bitcoin have a stable price it will affect the economy of one country because of the demand of the supply we know that the demand of the supply is not stable because of the economy. All things in this world has change its value no one can be stable.

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November 11, 2017, 11:10:58 AM
 #2660

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 don't think that Bitcoins would be as popular since the whole idea behind the bitcoin trade is the fluctuating prices. If investors didn't see their bitcoin value grow, why would they even bother investing in the first place?
Agreed! The most important thing which has really helped bitcoin a lot in gaining this much of fame is none other than its volatile nature. The thing is bitcoin is never going to have stable price in the future.
In case this thing happens, then I am afraid that it will be very much difficult for bitcoin to maintain its reputation because the only thing which is helping bitcoin to earn this much of fame is increase in the market price.



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