chuongvannguyen02
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December 25, 2017, 06:55:54 AM |
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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 the price of bitcoin is stable like usd or euro I think it will be a popular and well known currency as well as accepting it as a currency to payment for. |
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Shutup
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December 25, 2017, 07:21:42 AM |
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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 bitcoin is not popular. People attract to bitcoin because of its volatility value that people attracts more of it. Volatile value if bitcoin is so much interesting because it gives hope to anybody to multiply your money. And |
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reymartH
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December 25, 2017, 07:42:23 AM |
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The beauty of “bitcoin is it values. Like bitcoin white paper said bitcoin will rather became something valuable or nothing” by this what makes bitcoin popular is it values and price fluctuations. Bitcoin will be nothing if the price is stagnant.
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cryptocurious18
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December 25, 2017, 08:48:11 AM |
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I think if the bitcoin has a stable price, would be not popular because the one concept why bitcoin is popular the price or the value of it. So bitcoin will not get the attention of the people so bitcoin will not be popular. Good idea of the bitcoin is people able to convert it to fiat and fiat to bitcoin
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CHENIEN
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Decentralized Ascending Auctions on Blockchain
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December 25, 2017, 08:58:20 AM |
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Bitcoin still popular when the value is still on tthe top and still acceptable to the market. The popularity of bitcoin defends on how it is being used. It defends also on how it is being acceptable to the market. For the purpose of purchasing goods etc...
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senyorito123
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December 25, 2017, 09:25:36 AM |
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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. If bitcoin is in stable price the popularity and demand in the market will be lost they will find other potential coin that can give them a high profit because people's first attractions is the exchange rate,bitcoin become popular because of it's potential and a higher price of the market that can attract more people and investor's to invest in bitcoin. |
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Glorious04
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December 25, 2017, 09:31:35 AM |
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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. If bitcoin is in stable price the popularity and demand in the market will be lost they will find other potential coin that can give them a high profit because people's first attractions is the exchange rate,bitcoin become popular because of it's potential and a higher price of the market that can attract more people and investor's to invest in bitcoin. It becomes popular because everyday it is giving momentum where every one is in a suspensed state. Specially thise who have invested big capital on bitcoin so everyday they dont leave the market but stay focuse of the graph to see wether the price has gone up or down. Investors are becoming fearful of loosing their hard-earned capital.  |
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tuyulcrot
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December 25, 2017, 09:34:24 AM |
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If the price of bitcoin will be stable then yes it will be more popular as then more people will put their money into bitcoin and will completely believe and rely for their money to save in bitcoin wallet and will not have any fear of losing their money with volatility.
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Janation
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December 25, 2017, 09:36:45 AM |
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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. If bitcoin is in stable price the popularity and demand in the market will be lost they will find other potential coin that can give them a high profit because people's first attractions is the exchange rate,bitcoin become popular because of it's potential and a higher price of the market that can attract more people and investor's to invest in bitcoin. I think that will be certain, but you still do not know what other things might happen. Since bitcoin is volatile, a lot of companies and stores do not accept it as a payment, can't even be accepted as a real currency, but as a stable currency, I think it will be, it has a feature of decentralization and anonymity, I doubt people will not take that as an advantage. |
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Gandam23
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December 25, 2017, 10:26:03 AM |
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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.
If bitcoin has a stable price. Maybe it is not making noise worldwide because just think of it that bitcoin has a stable price. Yes it is good but it hasnt possibility that the value rises up and the bounty hunters didnt want that because theyre holding bitcoins or any tokens that theyll get by joining ICOs. |
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Gringoblin67
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December 25, 2017, 10:27:17 AM |
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The only thing making Bitcoin so popular is the notion that its price can reach $100,000, $200,000 even Millions . Other than that, Bitcoin is just like any other alt who just got here first.
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phips28
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December 25, 2017, 10:49:51 AM |
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Bitcoin got so big because media is always talking about this rising and falling price  |
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wail3Bahwu
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December 25, 2017, 10:53:49 AM |
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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 unstable price make bitcoin so popular many trading bitcoin for making fast money. if bitcoin have stable price that mean this coin under control |
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TeraBitHoven
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December 25, 2017, 11:25:22 AM |
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Stable price means bitcoin will stop being attractive anymore, less risk less competition.
The more stable it is, the lesser its price becoming attractive and easy to control.
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Wewe Gombel
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December 25, 2017, 12:18:52 PM |
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If the bitcoin price will not make anyone interested in having bitcoin, it will make bitcoin difficult to grow and accept quickly, the thing that makes bitcoin grow very fast is because bitcoin is very promising.
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kokobaba880
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December 25, 2017, 12:50:31 PM |
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If the Bitcoin has Stable price i think for the currencies it is impossible to have stable prices because it is very sensitive in nature but the good thing is that if the prices were stable then the bitcoin popularity will not effected by this stable price. Bitcoin is the currency which is using for many activities if the prices goes up or down i think that activities will be still at it's peak. there will be no disadvantage of this in the future.
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Netnox
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December 25, 2017, 01:28:03 PM |
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Bitcoin can either be an investment asset or a currency. If the exchange rate remains stable, then it won't be suitable for the first purpose. Who will invest in an asset whose value is not increasing? In that case, it can be used as a currency. But the time required for getting the necessary confirmations and the transaction fee must remain low.
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xAnima
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December 25, 2017, 01:42:53 PM |
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It would still be popular because you can do a lot of things and they can pay you thru bitcoin.
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bitzizzix
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December 26, 2017, 05:43:17 PM |
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If bitcoin had experienced a stable price it would have been never be so popular as it is now. The reason people love the difference that happens regularly.
The stability of the bitcoin price depends on the amount or value, if it is stable with high value I think it will remain popular because everyone who is in bitcoin aim to get profit and if stable price of bitcoin fall or low I think it will decrease its popularity and will switch to another coin or anything that. but what I see lately the price of bitcoin is increasing and its users are increasing, we'll see the future bitcoin situation and we always expect bitcoin prices to increase and the bitcoin price stability remains at a high value |
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Paul Pogba
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December 26, 2017, 07:09:33 PM |
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It certainly will not be like this, the thing that makes and simplify popular bitcoin is decentralization that makes people think and speculate to continue to buy bitcoin in the hope of getting profit.
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