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tobacco123
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May 05, 2016, 03:03:52 PM |
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I believe that stability comes hand in hand with the amount of trust people would put into a currency. The more it is trusted, the more people will use it. Because in the minds of ordinary consumers, stability is what matters most.
Yes this is true. But if bitcoin is a trusted asset, there will be a stable in flow of users. Limited supply + 4-yearly reward halving + continuous increase in user = stable increase in the value of each bitcoin |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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deuce22
Member
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Activity: 70
Merit: 10
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May 05, 2016, 05:14:16 PM |
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Big company won't accept bitcoin nowaday because of its fluctuation will give risk
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aakashsangwan
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May 05, 2016, 05:19:06 PM |
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No!!!
People would never had love it then. Bitcoin is very popular as investment among many due to it's flexibility. It has very high potential and it's price is improving day by day.
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VerdinaNET
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May 05, 2016, 06:00:15 PM |
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I also think that it won’t be as popular as it is now and in this case the interest of Bitcoin will considerably decrease.
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prtty2gal2
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May 06, 2016, 07:14:36 PM |
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Big company won't accept bitcoin nowaday because of its fluctuation will give risk
Yes, and for that it is compulsory that the stability come to occur in its price, so after stability occur in the price of bitcoin and those big companies started to adopt bitcoin then no one among the people will stop bitcoin to flourish. |
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Jmild1
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May 06, 2016, 08:08:56 PM |
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I think this is contrary, if bitcoin become stable, it means bitcoin is already adopted by big number of people.
The reason it became stable is because no one can manipulate the price resulting to no fluctuate of it's price.
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European Central Bank
Legendary
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Activity: 1288
Merit: 1087
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May 06, 2016, 08:58:38 PM |
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Gold is the supertanker of finance. There's still enough guys out there to manipulate it.
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Jmild1
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May 06, 2016, 09:25:44 PM |
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Gold is the supertanker of finance. There's still enough guys out there to manipulate it.
Yeah for now, but the op meant is if it's already stable. His post is contradictory |
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iram66680
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May 06, 2016, 09:34:17 PM |
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If it were stable more people would buy it and use it because then they wouldn't see it as a gamble to bank on it any longer.
I know I would buy more if I knew it would keep it's same value next day. But that is not the case.
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JesusHadAegis
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May 06, 2016, 10:17:40 PM |
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If it were stable more people would buy it and use it because then they wouldn't see it as a gamble to bank on it any longer.
I know I would buy more if I knew it would keep it's same value next day. But that is not the case.
And as long as the price has a high stability. Because some of us right now are finding the right timing to convert there btc at the exact time the btc gets high. And it is popular right as it was revealed on tv. |
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boyptc
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May 06, 2016, 10:38:17 PM |
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Yes it would be still be as popular as it is now because it is now the online currency that most people using. Think of it that today bitcoin doesn't
have stable price how much more if bitcoin will have stable price, so more people will go into bitcoin when it that happens.
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iram66680
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May 06, 2016, 11:12:47 PM |
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If it were stable more people would buy it and use it because then they wouldn't see it as a gamble to bank on it any longer.
I know I would buy more if I knew it would keep it's same value next day. But that is not the case.
And as long as the price has a high stability. Because some of us right now are finding the right timing to convert there btc at the exact time the btc gets high. And it is popular right as it was revealed on tv.
That is why you are seeing a lot of people in the currency exchange thread right now. They know this as fact. Which show did they reveal it on television recently? |
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GamingBro
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May 06, 2016, 11:55:51 PM |
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400$ it's really good price for currency like bitcoin, i think it will be still popular with stable price, but this popularity will start deacrising without growing of bitcoin.
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Hellacopter
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May 07, 2016, 12:24:38 AM |
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That's depend in the price of Bitcoin, if it had a low stable price, i don't think that it will still as popular, but having a high stable price could encourage more people to use it and make deals and trades with it
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tabas
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May 07, 2016, 12:59:45 AM |
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400$ it's really good price for currency like bitcoin, i think it will be still popular with stable price, but this popularity will start deacrising without growing of bitcoin.
Definitely, it will be still popular if its price is something like that $400 and there is still a possibility to rise up after the halving. I'm expecting that bitcoin will be stable at the price of $500 before this year ends. |
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_Miracle
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May 07, 2016, 05:28:14 AM |
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When bitcoin price stabilizes it will be more popular.
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There 'used' to be more truth in forums than anywhere else. Twitter: @cryptobitchicks Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?" INTJ-A
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knowhow
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May 07, 2016, 05:56:28 AM |
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When bitcoin price stabilizes it will be more popular.
If the price were more stable in the begining insted of big ups ans dows we would see bitcoin mass adopted,and would be an option to invest as gold and providing the same service as paypal for lower value. |
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pooya87
Legendary
Offline
Activity: 3430
Merit: 10504
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May 07, 2016, 05:57:07 AM |
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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?
yeah, i think it would be still used and be popular. the only difference would be in the usage of bitcoin. right now a big part of the popularity is because of the volatility and people use bitcoin as an investment but when the price is more stable bitcoin will be used more as a currency. |
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InsideBjorn
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May 07, 2016, 06:39:36 AM |
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I believe that stability comes hand in hand with the amount of trust people would put into a currency. The more it is trusted, the more people will use it. Because in the minds of ordinary consumers, stability is what matters most.
Yes this is true. But if bitcoin is a trusted asset, there will be a stable in flow of users. Limited supply + 4-yearly reward halving + continuous increase in user = stable increase in the value of each bitcoin People are making Bitcoin popular when they are making it more acceptable and that is quite nice but we cant control the value and that is the biggest problem. The hard thing is that you make some risks if you are going to sell or buy it because you dont know what will happen after that. |
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justspare
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May 07, 2016, 08:14:20 AM |
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Well that is what fiat is right now. I guess it wouldn't be as popular as most people invest in Bitcoin just to make money. That's my opinion.
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