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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171694 times)
Bondho Kompeni
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December 21, 2017, 03:05:41 PM
 #2921

Certainly will not be popular and marketcap will not reach more than $ 1 billion, stable prices make it not going to make anybody interested in bitcoin invest, and only buy if it feels the need for transactions.


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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 21, 2017, 03:22:57 PM
 #2922

I think if Bitcoin had a stable price, it will not be popular or there is might be changes.
The people or the public loved about bitcoins is its value fluctuates in the market; wherein they glad to see ups and downs in price because they can practice here all there crictical jusgement and they are the one on how manipulate their investments.
It will not become popular and people will gradually eliminate it, that's what I think it will happen with bitcoin if bitcoin is stable because exactly as you say, people like Bitcoin in unstable value, the price of bitcoin always fluctuates, sometimes it is very high, sometimes it is very strong, that helps us to make a lot of money, that amount of money can help us become rich. However, if it is stable, we will not have too many opportunities to make money, even the money we earn is not too big, so instead of continuing to invest in it, I believe many people will choose to abandon it and seek another investment


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December 21, 2017, 03:44:55 PM
 #2923

If bitcoin has a high price value may still be very popular even though the price has changed stable and can no longer rise. But if bitcoin values decrease, maybe people who work on bitcoin (the digital world) will shift to real jobs.
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December 21, 2017, 03:46:40 PM
 #2924

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 has a stable price it may not be as popular as it is today, people may turn to other, more profitable coins
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December 21, 2017, 03:51:34 PM
 #2925

I would depend on the reason of this stability. If it was because it has become in a great currency with a really high valuation, it would still be popular. However, if it resulted to be a bubble and his valuation decreased, it wont be popular and the people will look for other currencies.

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December 21, 2017, 04:00:49 PM
 #2926

If bitcoin will have a stable price, Investors and traders they leave this domain of cryptocurrencies. Of course bitcoin will lose the popularity. and i think it will die as soon as the price will be stable. But i don't think it will happen.
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December 21, 2017, 05:13:52 PM
 #2927

If the bitcoin price is stable then it will not be popular because there is no dev. who are interested to develop blockchain technology and of course bitcoin will be associated with banks so it looks the same as the previous payment system is paypal.
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December 21, 2017, 05:15:38 PM
 #2928

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?

Not bitcoin, for that pourpouse we have other less valuable coins such as Doge, if bitcoin falls below 1$ that's the end of the coin for sure.
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December 21, 2017, 05:18:33 PM
 #2929

If the bitcoin price is stable then it will not be popular because there is no dev. who are interested to develop blockchain technology and of course bitcoin will be associated with banks so it looks the same as the previous payment system is paypal.
Bitcoin have stable price or don't have stable price it will still there, but lately it is more popular than before and too many of us are in here too. Maybe next year the number of users maybe triple.
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December 21, 2017, 05:58:43 PM
 #2930

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?

Nope it wouldn't be that popular if the prices were stable, since people are investing in bitcoins with the sole reason of making profits at a quicker rate,and it wouldn't interest people if the prices were stable
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December 22, 2017, 12:13:54 PM
 #2931

This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.

Although bitcoin dont have a stable price, its papularity is still there becuase value of bitcoin and its price is so high for now. So his bitcoin is so papular even its price will npt stable.
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December 22, 2017, 12:27:34 PM
 #2932

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 its not popular if bitcoin has a stable price, the only way why bitcoin is so become popular because of the unstable price that bitcoin give to the user. And if the bitcoin price is stable with a low price no one can notice that bitcoin is exist in the world, and is has no future. Unlike now bitcoin become a future currency the every people recognize it existing.

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December 24, 2017, 11:14:56 PM
 #2933

If the bitcoin price is stable then it will not be popular because there is no dev. who are interested to develop blockchain technology and of course bitcoin will be associated with banks so it looks the same as the previous payment system is paypal.
Bitcoin have stable price or don't have stable price it will still there, but lately it is more popular than before and too many of us are in here too. Maybe next year the number of users maybe triple.
It will happen if the price of Bitcoin can still increase in next year, hehe. The price of Bitcoin can dump more to the low price, but if the price of Bitcoin can not keep support price and dump to below $5,000 or $2,000 in next time, I am sure we will not see any growth of Bitcoin in 2018.

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December 25, 2017, 02:46:49 AM
 #2934

Bitcoin is a tool for payment, a fantastic tool.
Its investing potential is a different thing: you can use it without investing: Do you owe Google shares?

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December 25, 2017, 02:58:28 AM
 #2935

I think it can not be as popular as it is today, because the stable price has been a lot of payment processor which previously has been strong and accepted by many banks such as paypal or payoner.

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December 25, 2017, 03:04:58 AM
 #2936

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 so. The volatility of bitcoin is one of the main reason why it became popular specially to the investors. If the price of it is stable, then the rise of its value will not happen anymore and it would not reach this high right now. Among all the other cryptocurrencies, bitcoin is the only one to rise up so high and so fast and it is all because of its volatility. It wouldn't be that much popular if the price is stable.
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December 25, 2017, 03:08:40 AM
 #2937

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?
Bitcoin became quite popular because of its volatility. Making its price stable will surely remove its popularity since it is what most of the people long for with bitcoin. They invest here in bitcoin because they know that there is a large possibility that their profits will rise more than ever. Some people might still support bitcoin but the number of users will surely decrease if ever.
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December 25, 2017, 05:31:17 AM
 #2938

Bitcoin becomes popular because it uses a new system and changes things that previously existed, with decentralization so many people dare to risk to buy whereas if the price is stable it will not make people interested to have bitcoin.


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December 25, 2017, 06:21:47 AM
 #2939

Bitcoin becomes popular because it uses a new system and changes things that previously existed, with decentralization so many people dare to risk to buy whereas if the price is stable it will not make people interested to have bitcoin.
That's a game changer and it will be part of a big changes in the world and if this will be adopted by the people, only good things will happen.
Bitcoin is the most popular because it was invented early and until now it's widely use, so there is a great potential for bitcoin as a good investment.

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December 25, 2017, 06:51:22 AM
 #2940

Yes !the stability of Bitcoin price will increase it popularity. Now, a stable currency is a currency which successfully performs its functions as a means of exchange, unit of account and a store of value because its purchasing power is stable.

Finally, a currency is stable when the general level of prices, measured by the Consumer Price Index, does not vary too much.
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