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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
jsarce
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March 18, 2018, 10:27:54 PM
 #3301

The volatility of the Bitcoins makes it highly profitable just like now. However, if the prices goes stable, many stores will finally accept Bitcoins as their mode of payment, just like what it's inventor intended to create. A digital currency.
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bigbangmother
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March 19, 2018, 12:59:45 PM
 #3302

Bitcoin was originally adopted by the people because of its ease to use on the deep web without giving your identity. Not matter if the price fixed because people will continue to use it because they would still be able to trade anonymously.
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March 19, 2018, 01:12:46 PM
 #3303

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, I think it will would be popular if the transaction fee will be low and people would still use it like a transfer coin to exchange for cash


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yslyv
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March 19, 2018, 01:41:34 PM
 #3304

i think no. nobody would care about bitcoin if its price was stable. because bitcoin became popular as a risky but profitable investment method. if there is no way to make profit holding bitcoin what is the meaning of using or keeping it.

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Ulail_cc
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March 19, 2018, 01:47:10 PM
 #3305

If bitcoin will have a stable price, yes bitcoin will be more popular and many people will invest on bitcoin for long term investment. Because the stable price will be good for investment.
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March 19, 2018, 02:15:56 PM
 #3306

Bitcoin will hardly have a stable price . However, even if it happens, people will still go on dealing with this cryptocurrency.
Tax-free operations that are not totally controlled attract everywhere, and BTC gives the opportunity for this.
tamarindbleu
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March 19, 2018, 02:24:02 PM
 #3307

Bitcoin will hardly have a stable price . However, even if it happens, people will still go on dealing with this cryptocurrency.
Tax-free operations that are not totally controlled attract everywhere, and BTC gives the opportunity for this.
Bitcoin is we will not be very popular if it has a stable price because people is we will  not attract on the bitcoin can do for them,  and if bitcoin has a stable price i dont really think that many rich people is we will invest there money on bitcoin.
DwightGraham
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March 19, 2018, 02:29:40 PM
 #3308

Price stability is exactly what some people and businesses are waiting for, up until the last week or so that's just what we had.
But for sure the huge price fluctuations we seen in the past was a big draw card, it was just cool to watch.
kalawang
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March 19, 2018, 02:41:05 PM
 #3309

Yes regardless of its price people will still use bitcoin, not so much because of its current price but the usability of bitcoins in daily transactions. If I would vote I would like bitcoins price to be stable so that I will not fear keeping my bitcoins in my wallet worrying about monetary value deflation. But given the scarcity and limited supply of bitcoins it is but we cannot stop the possible increase of monetary value of btc.
kukuli
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March 19, 2018, 08:00:23 PM
 #3310

I think the popularity of Bitcoin partly depends around its unstable price. People dont know how much will it cost tomorrow, such uncertainty tickles their nerves. Folks invest in Bitcoin right now, cuase they heavens the growing trend of the coins price. If the price was stable, subsequently people wouldnt have any compulsion or hurry to sell and get your hands on the crypto currency. The would know they could reach it every portion of moment without any difference or changes. Thats the uncertainty and unstability what makes people admiring to get Bitcoin.
Wolfwar
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March 19, 2018, 08:04:36 PM
 #3311

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 that if the price was stable and high enough, then yes, bitcoin would also be in demand. Of course, if the price was very small, then that and no one thought about sboriganii bitcoin. But this is my personal opinion and I do not link it to anyone.
doycku
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March 19, 2018, 08:43:36 PM
 #3312

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 that if the price was stable and high enough, then yes, bitcoin would also be in demand. Of course, if the price was very small, then that and no one thought about sboriganii bitcoin. But this is my personal opinion and I do not link it to anyone.
It seems that Bitcoin is not the main factor of opportunities for many people. You can earn another crypto currency, and it's nice to get Bitcoin out in real money. So you do not wet your money, get money. So it does not matter what the price will be for Bitcoin.
Freddie Aguiluz
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March 21, 2018, 11:28:55 AM
 #3313

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 is so popular because of its volatile ability. Getting the price up and down instantly is the one people loved about bitcoin. They can invest and expect to earn a lot in just a short period of time. And not just an ordinary earnings, a huge earning in just a short time.
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March 21, 2018, 11:31:51 AM
 #3314

Even if bitcoin had a stable price, it would be still popular because people would use it for money transactions since transaction price is very low. More traders would come to accept bitcoin since risk of loss due to price fluctuations is avoided.
Richurd
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March 21, 2018, 04:06:22 PM
 #3315

Bitcoin is loved by many because of its volatility, but that's also its current dilemma. Once Bitcoin's price stabilizes, it would be more acceptable in terms of payment. So it's kind of a tough question to answer, but it raises a good debate  Cool
BitcoinTurk
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March 21, 2018, 04:11:44 PM
 #3316

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 way! If you look at the past history, remember that all currencies are fixed in USD and USD in gold. It has been a very short term, but unfortunately it has been a failed attempt in the long term. It was then that the price of 1 ounce of gold was fixed at 35 USD. If you check the current price momentarily, you will understand what I mean.
MuffinMaster
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March 21, 2018, 04:13:25 PM
 #3317

The volatility of the Bitcoins makes it highly profitable just like now. However, if the prices goes stable, many stores will finally accept Bitcoins as their mode of payment, just like what it's inventor intended to create. A digital currency.
But for me it won't be as popular as it is now cause people are trying to invest, even a small amount in bitcoin and wait for it pump what is more they are telling this to friends and this is how bitcoin is getting popular.

Hordyyy
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March 21, 2018, 04:16:57 PM
 #3318

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 is stable then more people will adapting bitcoin for business, more local shop will accepting bitcoin because they can calculate their profit, if bitcoin price is unstable then it will be good for trading, so no matter what is happening -  bitcoin will be popular anyway
Alifal
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March 21, 2018, 05:11:15 PM
 #3319

certainly,if bitcoin has a stable price,people will give more faith in it as well as increases ones confidence.otherwise they will be ask for new coin.
yoseph
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March 21, 2018, 05:22:05 PM
 #3320

Yes it would be very popular if it was as stable as Gold because most retailers are actually reluctant to accept bitcoins because of it's volatility and so if stable they would accepting it which makes it value even go even higher.
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