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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
Zooplus
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January 04, 2018, 01:40:51 PM
 #3041

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?
For me if the bitcoin is stable everyone in this world will using bitcoin so bitcoin is very popular and never be vanished in all time.  In next generation they also used bitcoin. 
I don't think so, bitcoin is a decentralized currency that has a limited supply therefore the supply and demand factor will play.
It cannot be possible bitcoin will become stable because it's the most popular and people love to trade bitcoin so we can always witness the price swings.
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Naoko
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January 04, 2018, 02:12:41 PM
 #3042

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?
For me if the bitcoin is stable everyone in this world will using bitcoin so bitcoin is very popular and never be vanished in all time.  In next generation they also used bitcoin. 
I don't think so, bitcoin is a decentralized currency that has a limited supply therefore the supply and demand factor will play.
It cannot be possible bitcoin will become stable because it's the most popular and people love to trade bitcoin so we can always witness the price swings.
I agree...at this price fluctuation people earn...if bitcoin becomes stable, it will lose one of its main advantages
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January 04, 2018, 02:15:23 PM
 #3043

Yes, Bitcoin will be very popular and many stores will use Bitcoin as a means of payment because the price is very stable
bocahrawalo1996
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January 04, 2018, 02:26:10 PM
 #3044

It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.
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January 04, 2018, 02:29:58 PM
 #3045

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
It will be popular if the value of the bitcoin is high like 1k$-10k$ but
If the value of bitcoin is just 1$ it will not be popular because its just waste of time and it is stable price.
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January 04, 2018, 02:41:34 PM
 #3046

I think personally, if the bitcoin prices are stable, bitcoin will remain popular

Bitcoin will be popular, but will not be as popular as it is now. The popularity of bitcoin increased because of the high quantities of investors and the speculation of the price of bitcoin. These where the major reasons for the growth and popularity of bitcoin.
If bitcoin becomes stable at these prices like after this correction is over and bitcoin enters 2018 with a value of 20,000 dollars, it would still remain popular but the way people are frequently investing into it will significantly decrease. People are treating bitcoin as an investment because of its volatile nature and unstable prices provide them opportunity of trading. Bitcoin will lose its charm if the prices become stable.
If it stabilizes, it will no longer be called bitcoin, no longer a potential investment destination for investors, and when it's nothing special, people will not invest more money in it, they will even recover capital and profits to move to another place of investment, this can significantly reduce the price of Bitcoin and make it sink into oblivion. So stability is never a good thing for the development of Bitcoin, people like Bitcoin as now, they will not accept a stable price, they will find ways to cause fluctuations in bitcoin, that makes them more profitable and earns more money than ever

bkbirge
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January 04, 2018, 04:46:53 PM
 #3047

I think personally, if the bitcoin prices are stable, bitcoin will remain popular

Bitcoin will be popular, but will not be as popular as it is now. The popularity of bitcoin increased because of the high quantities of investors and the speculation of the price of bitcoin. These where the major reasons for the growth and popularity of bitcoin.
If bitcoin becomes stable at these prices like after this correction is over and bitcoin enters 2018 with a value of 20,000 dollars, it would still remain popular but the way people are frequently investing into it will significantly decrease. People are treating bitcoin as an investment because of its volatile nature and unstable prices provide them opportunity of trading. Bitcoin will lose its charm if the prices become stable.
If it stabilizes, it will no longer be called bitcoin, no longer a potential investment destination for investors, and when it's nothing special, people will not invest more money in it, they will even recover capital and profits to move to another place of investment, this can significantly reduce the price of Bitcoin and make it sink into oblivion. So stability is never a good thing for the development of Bitcoin, people like Bitcoin as now, they will not accept a stable price, they will find ways to cause fluctuations in bitcoin, that makes them more profitable and earns more money than ever

LOL, what? Most investors love stability. Stable growth that is. Traders like volatility and most of the non-professional traders don't have a clue what they are doing and get destroyed. If bitcoin was more stable you'd see a massive influx of institutional investment that would make a Buffett share look like a penny stock. Mark it. Stability is a good thing, as long as that's not because value has dropped so much no one is interested.
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January 04, 2018, 05:39:19 PM
 #3048

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 my opinion whether the BTC pric is stable or not it will still be popular especially nowadays that BTC is trending all over the world. Although some people still think that this is scam.
Omega Weapon
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January 04, 2018, 07:42:50 PM
 #3049

Bitcoin will still be very popular even without the volatility people will just do what they do in the forex market, they will just use a lot of leverage on their trades and that increases their profits and losses accordingly, right now in crypto you do not need to use leverage with bitcoin moving thousands of dollars in one direction or the other and altcoins pumping 300% in a matter of hours.
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January 04, 2018, 08:23:59 PM
 #3050

Bitcoin will still be very popular even without the volatility people will just do what they do in the forex market, they will just use a lot of leverage on their trades and that increases their profits and losses accordingly, right now in crypto you do not need to use leverage with bitcoin moving thousands of dollars in one direction or the other and altcoins pumping 300% in a matter of hours.
Yes bitcoin will popular if bitcoin price will stable because many of people earn bitcoin and they know bitcoin is very beneficial why, that's why they joined and their life is very comfortable and I know about some of those people that they leave their job for bitcoin and today they get huge profit.

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January 05, 2018, 08:07:06 AM
 #3051

I think so because bitcoin will be popular as ever even thou it's price is stable because more people are using it and they depend on Bitcoin as their way of living

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January 05, 2018, 10:12:32 AM
 #3052

I don't think so, i just really adapt on unstable of bitcoins. I could do trade with high range of income. Please dont be stable.  Grin
Wong Gendheng
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January 05, 2018, 10:40:16 AM
 #3053

I think it will be hard to be popular, because the payment system that previously existed and strong like paypal, of course more and more competition will make paypal stronger and I am sure that if the fixed price bitcoin difficult to compete.
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January 05, 2018, 10:49:51 AM
 #3054

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 too far to get to the price it sees when it's very stable but it can all happen depending on which bitcoin user is still loyal to such circumstances.
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January 05, 2018, 12:25:45 PM
 #3055

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 will keep running, if bitcoin stabilizes its value it will be good because it can reduce the risk of loss.

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January 05, 2018, 12:26:08 PM
 #3056

It depends on the person's interest in Bitcoin. However for me, I got interest in Bitcoin because of its volatility. It's challenging though it is risky. As long as it helps me financially I will be into it. It is popular because of its high value.
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January 05, 2018, 02:02:24 PM
 #3057

I'm sure that although bitcoin prices are stable but will continue to be popular, this is because many things are new and the best solution for existing transactional systems, for example is the speed of transactions, security and low cost.


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Paycoinzzz
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January 05, 2018, 04:39:29 PM
 #3058

Bitcoin will still be very popular even without the volatility people will just do what they do in the forex market, they will just use a lot of leverage on their trades and that increases their profits and losses accordingly, right now in crypto you do not need to use leverage with bitcoin moving thousands of dollars in one direction or the other and altcoins pumping 300% in a matter of hours.
Yes bitcoin will popular if bitcoin price will stable because many of people earn bitcoin and they know bitcoin is very beneficial why, that's why they joined and their life is very comfortable and I know about some of those people that they leave their job for bitcoin and today they get huge profit.
I want to alert you, nothing is easy and do not trust anyone say you they get rich from Bitcoin easy!
If you want to become the rich from this field, you need to have money, yeah, it is the requirement to become the investor and get rich "fast" from investing and trading.
However, as I said, you will get many losses before earn profits if you do not know anything about the rule of trading.
im posible
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January 05, 2018, 05:32:52 PM
 #3059

I think if it happens bitcoin will remain popular as long as it is stable in high numbers, if bitcoin is stable in high numbers I think people are even more interested in bitcoin for investment.

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January 05, 2018, 06:49:50 PM
 #3060

I think if bitcoin has a stable price , then it bitcoin will not be many devotees because one of the advantages of bitcoin is a rapid price change (fast rising price is also down) therefore bitcoin many devotees. Bitcoin Investors expect much profit when investing in bitcoin. Its just my opinion
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