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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
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July 03, 2016, 12:51:53 PM
 #341

The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.

Amen to that!
i cannot agree with you that it would be such a good thing if bitcoin price would be that stable, in my opinion then bitcoin wouldnt be so popular because less traders would use it

i think it is better when bitcoin price is fluctuating wildly, first of all there are pumps that make more people interested in bitcoins, and more traders use bitcoins to make money

 
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July 03, 2016, 01:20:03 PM
 #342

The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.

Amen to that!
i cannot agree with you that it would be such a good thing if bitcoin price would be that stable, in my opinion then bitcoin wouldnt be so popular because less traders would use it

i think it is better when bitcoin price is fluctuating wildly, first of all there are pumps that make more people interested in bitcoins, and more traders use bitcoins to make money

Yeah I agree with it, for me bitcoin really is not going to be popular if the price is going to be stable at all.
This is why there are investors and stores adopting bitcoins.
It is because of the fluctuation as there are a lot of opportunities for it.

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July 03, 2016, 02:34:47 PM
 #343

With popularity comes more stability. If there are no new users then the price can never really surge. Look at any fiat. There are a certain number of people that don't care about using that currency and a certain amount of people that already use it and will always use it. There are tourists / immigrants that start to use it and people emigrating sell theirs off. So it'll always be little movements.
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July 04, 2016, 03:55:53 AM
 #344

With popularity comes more stability. If there are no new users then the price can never really surge. Look at any fiat. There are a certain number of people that don't care about using that currency and a certain amount of people that already use it and will always use it. There are tourists / immigrants that start to use it and people emigrating sell theirs off. So it'll always be little movements.
That's the fact here and the more bitcoin will be stable the more it will be popular not like today that price are controlled by the whales and we are just like gambling with our investments.

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July 04, 2016, 04:18:16 AM
 #345

I strongly believe when price reach 4000-5000$ after some time it will become more stable, high price will attract more long term investments, we need first for most ppl to dump their lot, even if they/we got it from 2012 many here are for quick bucks

But in future when someone buy 1 BTC or less for 2000+ $ you can be sure most will just hold are use... they will not lurk at exchanges all the time or at bitcointalk forum writing crap as its armageddon every few days  Smiley

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July 04, 2016, 04:34:45 AM
 #346

With popularity comes more stability. If there are no new users then the price can never really surge. Look at any fiat. There are a certain number of people that don't care about using that currency and a certain amount of people that already use it and will always use it. There are tourists / immigrants that start to use it and people emigrating sell theirs off. So it'll always be little movements.
That's the fact here and the more bitcoin will be stable the more it will be popular not like today that price are controlled by the whales and we are just like gambling with our investments.

Well you have all the point guys. But the thing is we really don't know if whales are really manipulating on what is happening with bitcoin.
But if the price is going to be stable I don't think people will still stick to bitcoin.



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July 04, 2016, 04:42:52 AM
 #347


Well you have all the point guys. But the thing is we really don't know if whales are really manipulating on what is happening with bitcoin.
But if the price is going to be stable I don't think people will still stick to bitcoin.

Big whales not literally manipulating the price. They are the one who can start the trend that may affect the bitcoin price in a big impact that's why as we considered this as a manipulation. It's up for others if they will ride the trend.

And if bitcoin price will become stable, people will still stick to bitcoin since there are no other comfortable way to send and receive money. It will now be used more as a currency rather than investment if that case will happen.

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July 04, 2016, 04:46:02 AM
 #348

it must be noted that the current rate jumps Bitcoin does not make it attractive in the near future, a unit of account. But, on the the other hand, exchange rate fluctuations over the past year and a half have occurred much less frequently. This may well be a sign of the process of stabilization of the course.
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July 04, 2016, 05:38:43 AM
 #349

I think if the bitcoin is getting a stable price i do not think there are allot of people will be interested into the bitcoin because they can not invest into the bitcoin anymore because of the stable value they cant get profit so they stop investing off course.
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July 04, 2016, 06:08:39 AM
 #350

I think if the bitcoin is getting a stable price i do not think there are allot of people will be interested into the bitcoin because they can not invest into the bitcoin anymore because of the stable value they cant get profit so they stop investing off course.

bitcoin is two things: a currency and an investment. if the price becomes more stable then people would use it more as a currency so that would be another way of being more popular in a way. and that is something which is happening the volatility is reducing over time as bitcoin becomes more popular and being used more.

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July 04, 2016, 06:17:52 AM
 #351

the reason it become popular to my place its of anonimity it can give. u can transact legit with personal info.

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July 04, 2016, 06:29:12 AM
 #352

Bitcoin is not popular as it should really be, yet. It's a matter of time: when it becomes increasingly user-friendly even for the average person well then we will see what it means to have a popular app in our hands.
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July 04, 2016, 07:12:35 AM
 #353

I believe the bitcoin will still be popular even if the price is stable. I know right now its volatility in price is providing numerous opportunities for trading but that is not the only reason that is making it popular. People have started using bitcoin in their transactions due its nature - it is very easy to use and sometimes faster than the normal banking transfers.It is also anonymous in nature attracting people to use it.
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July 04, 2016, 07:16:36 AM
 #354

If bitcoin had 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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July 04, 2016, 07:16:57 AM
 #355

Hell no
Any reason behind it ? I think more people here demand stable prices than the ones asking for variable prices. May be that is because users are worried that the price might go too low also.
pff, dont you think that the stable prices are really boring? in my opinion theres no need for a stable price because less people would be interested in bitcoins then for sure

many traders nowadays need the prices to fluctuate as much as possible to be honest, in my opinion there is no reason not to like the price being not stable, i hope that it will keep on moving
I think you should carefully analyze, if this is going to be stable that means it is strong and it will become more popular because the large merchants will surely adopt and we know that they are not interested in investing so they are after of a stable price.
The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.
I agree, the more we get stabilize the better the result is. It means that things are getting well because we meet the highest demand on bitcoin that no one can manipualte it now. I just don't want to see bitcoin stabilize in this value, we need more numbers and I think the bitcoin should stabilize atleast $200,000 value.
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July 04, 2016, 11:27:01 AM
 #356

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Im pretty sure it would die fast...
a lot of small players get in into bitcoin only because big moves,it can make big profit with small deposit.
Big players would get only if it would be 100% trustworthy but they wouldnt if btc price would be less than 200-400$ im pretty sure they would not risk their money in something like cryptocurrency,its more precious now and they know it
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July 05, 2016, 07:06:40 AM
 #357

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Im pretty sure it would die fast...
a lot of small players get in into bitcoin only because big moves,it can make big profit with small deposit.
Big players would get only if it would be 100% trustworthy but they wouldnt if btc price would be less than 200-400$ im pretty sure they would not risk their money in something like cryptocurrency,its more precious now and they know it
hahaha! What's the use of having another currency if bitcoins will just work just like our regular money that we are using right now. I am pretty sure, bitcoins will not click and die a natural death. No one will patronize it because there is no thrill in using it.. Wink
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July 05, 2016, 07:28:29 AM
 #358

Öff course not if the price of the bitcoin was stabel why would it be such attractive as it is for now. Becuase the unstabele price more
people are going to invest into the bitcoin not otherwise.
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July 05, 2016, 08:14:34 AM
 #359

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.

I'm also thinking this because people invested in the bitcoin because it was a easy profit maker, if you invested and the price rises you could make some nice profits.
If this is gonna be stable some people will also stop with investing although we do not have to forget its a currency so stability is also good.

I believe if it's stable it is good.  For those of us having bitcoins, these past major fluctuations are good news because the value of bitcoins rises to 50-60%.  DO for a short span, it was a good profit maker even for those who just started and earned a few.  Bad news for some faucet owners, fact is that majority of them closed their site.

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July 06, 2016, 11:59:54 AM
 #360

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.

I'm also thinking this because people invested in the bitcoin because it was a easy profit maker, if you invested and the price rises you could make some nice profits.
If this is gonna be stable some people will also stop with investing although we do not have to forget its a currency so stability is also good.

I believe if it's stable it is good.  For those of us having bitcoins, these past major fluctuations are good news because the value of bitcoins rises to 50-60%.  DO for a short span, it was a good profit maker even for those who just started and earned a few.  Bad news for some faucet owners, fact is that majority of them closed their site.
I think we need more years to see a stable price like dollars and any other national currencies, right now its like a game controlled by the investors so we just have to play to stay in the game.

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