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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
Monkeydluffy001
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January 16, 2018, 04:57:47 PM
 #3181

bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...

Agree with this. Bitcoin has already been dealing with a good value of money and I can say even it has a stable price it will still be famous. So based on your question it will be a famous stuff all over the world.
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January 16, 2018, 05:01:53 PM
 #3182

Yah. The lowest price of btc can make it popular or more popular. 1:0.1 price is low and approximately the token supply of bitcoin is billion if the price is like that. Project of bitcoin is unique and the token. So I think even the price is stable it is the same bitcoin is popular because of the use of coin.
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January 16, 2018, 06:29:57 PM
 #3183

Bitcoin is popular not because of price only. A lot of features and benefits like anonimity, free transactions all over the world and many other stuff that people like in bitcoin is making him popular.

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January 16, 2018, 06:35:16 PM
 #3184

Of course, eventually much more: it's just its instability that creates a block toward general acceptance.
At present, it's practically useless in normal economy.

It has its benefits and its disadvantages. We would be able to gain a lot more adoption in terms of an actual use case, on the other hand we would lose a lot of the people who are in bitcoin for speculative reasons or treating it like an asset.
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January 16, 2018, 10:05:47 PM
 #3185

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 will keep being popular and in fact it would be more useful than now, because you could use it as a stable storage of wealth instead of just speculation.
We all know that at first, Bitcoin wasn't that popular at all, and on top of that it doesn't worth even that much of worth. Haven't you heard about the guy who bought two pizzas with 10,000 Bitcoins? I know crazy right, its because the price of Bitcoin then was just a crap, I feel sorry for that guys.

So no, it won't be popular the way it is popular now.

Bitcoin became very popular because its price began to grow rapidly. Many people wanted to earn money on this. If the price of bitcoin is stable he may lose in popularity.
joan26
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January 17, 2018, 06:58:12 AM
 #3186

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 a big NO.
Bitcoins price of high and low is what makes bitcoins popularity now. Most of all when its price is just pumping and pumping that every investors loved to see.
darewaller
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January 17, 2018, 07:19:06 AM
 #3187

No, the always changing of its market value or proces s of fluctuations is the best thing I see that the public loved the most.
Through this they can be able to be more analytical and wise decion makers since it is very vital in the cryptocurrency.  The importance of creative response in every circumstances should be the public must know and I think it will be better if they are not stick to one price or market value.
There is a difference between being just popular and being popular in demand. If it’s just being popular, bitcoin already made a name for itself, and will always be know, but as for being popular in terms of demand, it’s likely a NO, cause the reason many still invest in it is because of the volatility.
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January 17, 2018, 08:22:00 AM
 #3188

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 a big NO.
Bitcoins price of high and low is what makes bitcoins popularity now. Most of all when its price is just pumping and pumping that every investors loved to see.
That isn't everything because Bitcoin introduce a new blockchain technology to us too. Yeah beside with the profits bitcoin helps us much on applying technology in real life right ?
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January 17, 2018, 12:08:05 PM
 #3189

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's still popular and nothing changes Smiley. Maybe someone else gets lost but there are few to spare to continue what they want to do. When is the price of bitcoin stable? let me just. I minimize all the remaining values ​​in bitcoin. I have read because the fix is ​​great enough to have bitcoi. That's 21 million. Let me go and I'll continue, it's important to make a profit Smiley. I can not imagine the rise of bitcoin as long as it's important to earn and just keep its price stable.

 
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Kodok Bencot
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January 17, 2018, 01:02:55 PM
 #3190

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 will keep being popular and in fact it would be more useful than now, because you could use it as a stable storage of wealth instead of just speculation.
We all know that at first, Bitcoin wasn't that popular at all, and on top of that it doesn't worth even that much of worth. Haven't you heard about the guy who bought two pizzas with 10,000 Bitcoins? I know crazy right, its because the price of Bitcoin then was just a crap, I feel sorry for that guys.

So no, it won't be popular the way it is popular now.

Bitcoin became very popular because its price began to grow rapidly. Many people wanted to earn money on this. If the price of bitcoin is stable he may lose in popularity.

Everyone is interested in bitcoin because of rising and falling prices so a strong reason for trading, if the price is stable then certainly not going to be popular because there is no unique idea and existing system like Paypal, netteller and so on.
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January 17, 2018, 01:13:10 PM
 #3191

Bitcoins are very popular now, and sometimes they reflect prices based on demand and demand, so it is reasonable for prices to fluctuate in order to remain popular. For other things, it is possible, but in the case of money it is impossible to stabilize for a while.

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fullhdpixel
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January 18, 2018, 11:43:05 AM
 #3192

No, the always changing of its market value or proces s of fluctuations is the best thing I see that the public loved the most.
Through this they can be able to be more analytical and wise decion makers since it is very vital in the cryptocurrency.  The importance of creative response in every circumstances should be the public must know and I think it will be better if they are not stick to one price or market value.
The only thing which is keeping the interest of people in investing more money into bitcoin is the fluctuating market value of bitcoin and that too on almost daily basis.

If bitcoin gets some stable price as in case of gold, then it will be really very much difficult for the bitcoin to gain the attention of so many people and people will know consider it as the best of the best ways of investing money.

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Sean25pogi
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January 18, 2018, 02:53:08 PM
 #3193

I don't think so, but it is up to the users it they still use bitcoin even if it has a stable price. For me i will use it and share it because I earn from it and I know it will be still popular because it has many users.
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January 18, 2018, 03:11:38 PM
 #3194

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 a big NO.
Bitcoins price of high and low is what makes bitcoins popularity now. Most of all when its price is just pumping and pumping that every investors loved to see.

Yes agree, the most interesting thing from bitcoin is bringing a new idea of decentralization, when the price is stable it will be difficult to compete with various payment systems like Paypal which is already very strong.



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Ngewex Yuk
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January 18, 2018, 03:54:25 PM
 #3195

The most interesting thing about bitcoin is the fluctuating price, it is always a surprise to see bitcoin prices rise $ 1000 in a day and vice versa, if the price is stable it will not make people interested.

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January 19, 2018, 12:21:22 AM
 #3196

I do not think it will be as popular now, people are choosing bitcoin because the price can change drastically and significantly
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January 19, 2018, 05:12:42 AM
 #3197

I do not think it will be as popular now, people are choosing bitcoin because the price can change drastically and significantly
That is the nature of bitcoin, it's volatile so if one does not understand it, he might lose his money.
Traders love the nature of bitcoin because they love to gamble everyday with the price movement, when there is a news the price will move, so we should be aware of the upcoming news and speculation.
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January 19, 2018, 03:13:51 PM
 #3198

If bitcoin was to be stable it would be even more popular. We have to think of the easiness of acquiring bitcoins. You simply go online and trade. This would make it easier for people in developing countries where high currency deflation rates exist to escape the madness of having to worry about how much money their contry is printing. 
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January 19, 2018, 03:47:15 PM
 #3199

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 no.  The reason why we are here is to earn bitcoin and wait for the price to rise up.  So whats the point of staying here if bitcoin price is stable and the price is cheap.  Of course it wouldnt be as popular before. Because even myself i will not waste my time in earning bitcoin if I am just earning. 01 dollars.
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January 19, 2018, 03:52:08 PM
 #3200

I do not think it's going to be as popular as it is today, just like what happened in the beginning of bitcoin, from 2009 to 2011, only a few people did it, some worked on it but did not stand it mentally stopped half way, as we once read that Howell who started his bitcoin mine in 2009 for a year less so promising eventually abandoned it and Howell went back to work in the office again. Today Howell deeply regrets having thrown away his miner computer that has a bitcoin savings of 7,500 BTC in his miner computer.
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