If Bitcoin had a stable price, would it still be as popular?

[richjohn]

I don't think that having a stable price would have made this coin more popular. The only reason why Bitcoin attracted all the buzz was because of the high returns that people were getting in the shortest span of time. Had it grown by 0-1-1%(as stated by you), it wouldn't have caught anyone's attention.

[twicezeroiszero]

The price fluctuation, the value and the function of Bitcoin are the reason make many people want to buy it. If Bitcoin price become stable, no one wants to buy more for investment long term because Gold will be better than and safe than Bitcoin. In that time, Bitcoin can only be useful for international transfer money.

In future we can expect that bitcoin price will become stable and at that time when bitcoin price will become stable people will start using bitcoin for shopping in local shops because of the stable price of bitcoin, they will then put more trust on bitcoin. Even the merchants will start using bitcoin for transaction of money and for so many other purposes.

But I think that's not what the user or the investor wants, a steady price just shows that this is a dead investment and not profitable, and of course, when we are not profitable, we do not need to continue investing in it, it just wastes our time. From there, we can think about the collapse of bitcoin, it will gradually go into the past, people will forget it, it will no longer be popular, but I also believe that stable prices are almost impossible when bitcoin is always under the control of large investors, they do not allow it to be stable

Accept to holding Bitcoin = forget it for long time, this is the key to get high profit of those who held Bitcoin since its value still 3 digits usd.
If the Bitcoin price become stable, if will be worse than Gold, I can be sure this prediction will be true 99,99%

[John Wallker]

I think in case the prise was stable bitcoin would be used more as a currency for payments not as a found to trade and for speculations.

[petyang12]

I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.

i agree with you, some said that the popularity is about price wether it's low or high but the popularity does not depend only on price it also depends on it's usage and it's profile. If everyone know bitcoin and it's capabilities on keeping your money safe and sound and other advantages then bitcoin will be popular even though bitcoin's price is stable.

[bitcoinbrokeragegroup1]

I don't believe so. The popular thing to do in the stock world is arbitrage. People see that a stock is selling at one exchange for pennies more than at another. They short at one and sell at the other.
This is not to say that arbitrage will work at all with BTC. My point is that people will buy when the price is down and sell when it is high. Of course, the points of high and low are relative. If you bought at 5,000 and BTC is selling at 9,000 you are doing well. If you buy at 10,000 and you expect it to go to 20,000, again the relativity kicks in.

[bitcoinbrokeragegroup1]

No. There would be little chance for major growth and it would be boring.

[fiend91]

Stable or not, Bitcoin will always be popular.  First it is the first mover to the decentralized blockchain.  Second, with its userbase that does not include only traders, with the stability of Bitcoin price will welcome Bitcoin to its new community and much wider scope of usage.   This will cover a bigger audience and more interesting party will join to Bitcoin due to the merchants that are accepting Bitcoin in exchange of their goods.

[Akupuniard]

Mostly people getting money from bitcoin by selling/buying coins. And when price would be stable many people will probably leave community.

[cryptbit.man]

I think it would not be as popular with the people that are new to the concept/technology and with the people that are in it only for the money. I like to believe that most people believe in bitcoin for what it represents and for its capabilities. If the price will become stable those people will stay whilst for the others it will be definitely drop in popularity.

[cherrymobile]

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?

Yes. More people would be encouraged to invest in bitcoins especially the people who are interested yet cannot decide since they ayre discouraged by the high price fluctuations on bitcoin. Maybe once bitcoin became stable the amount of users wouldn't go down like this. But I have to admit it, The price fluctuations really offer me valuable profit.

[Tiger Junk]

I think in case the prise was stable bitcoin would be used more as a currency for payments not as a found to trade and for speculations.

I dont think that bitcoin is we will still be very popular if the price of it was stable, because bitcoin is get more popular when the value of it was going dumping and pumping, and for me if the bitcoin has a stable price the people who we will invest on bitcoin isnee will be decreases.

[dongyi17]

Well bitcoin obtain or establish popularity already in the past and up to now it is still popular regardless of its high and low price.. I believe its not he price that matters here but also the many different feature one has to acquire or benefit from using bitcoin and these make other people like it and enticing to invest, it more like a mysterious to them and the more they use it the fascinating they are, and more so the more they invest them more profit they have.

[LynielZbl]

Well i dont think so that it will gonna happen. Bitcoin is only popular because of its volatility which similar to other currencies. People trade in it and they can earn and spend it else crypto currencies that are government owned are preferred. Same as google play store cards, payback points, they are all similar to bitcoins. Therefore, bitcoin is not being irreversible is an added advantage as well.

[harimauagam]

I do not think if bitcoin has a higher price of course it will be in the know many people are definitely getting popular and the people concerned in it will feel good only a few do not know many people about it.

[Theones]

Of course, now bitcoin is really popular and if it will have stable price I think community of crypto will be higher than now.

[Luce09]

I think that no, most people buy bitcoin to sell it more expensive, but they are also very cool win or lose.But it does make bitcoin popular for those who want of making money on cryptocurrency.

[NorihiroName]

I think that the answer is yes; of course a group of profit-hunters would've left the crypto, but I don't think that believers would be upset about that.

[akishang]

It won't be as popular as it is now. The only reason bitcoin was popular is because of its price. The gradual increase from the it was established up to now is one the reason why its popular. One thing is for sure, bitcoin will increase in the upcoming years so its better to HODL or have some coins while its still cheap. I don't like the price right now, I am sure it will recover. Bitcoin will always bounce back.

[goaldigger]

If bitcoin would have a stable price and consecutively increasing overtime without any drop, then more people would invest. Everyone wants to have a sure income. The only problem is, the plentiness of supply bitcoin has to offer. Miners would rather hold coins that to mine if thats the case.

[Bitlord88]

Probably yes, as it is then at par with Fiat money. Transacting won't be a matter of timing and it would be very convenient for everyone to have a digital money in their pockets that they could estimate how much they are carrying, just like our money. But I think Bitcoin can't fully replace the standard and benefits also from Fiat money.