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

[agustina2]

Most likely it will not be so popular as it is right now, people made a lot of profit because its not stable at all.
If this was not happened it would not be popular.

It will become popular since it's unique and different but it will take time. Just because it will now has a stable price, it won't become popular anymore. If in the beginning the bitcoin price is stable, merchants will think of adding this currency in their payment option even the users is not much since no risk of facing the price fluctuations.

And people can still make profit out of bitcoin trades even the price is stable. If it doesn't then why fiat currencies trade are profitalbe even they have a stable price?

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[krishna1]

maybe yes i will use bitcoin if it has 5$ till now because i love its features too and they are what makes me free than my socity money processing methods its better and faster and a lot stronger than banks

[StarofBTC]

maybe yes i will use bitcoin if it has 5$ till now because i love its features too and they are what makes me free than my socity money processing methods its better and faster and a lot stronger than banks

Yes, we will be starting using bitcoin instead of saving it, if bitcoin has stable prices. But, to get start with mass adoptions, bitcoin necessarily needs the characteristics of being investment option. Without it, bitcoin would not have achieved this much popularity and adoptions world wide. Because of adoptions, bitcoin will keep on grow toward replacing fiats too.

[MaritiJames3]

maybe yes i will use bitcoin if it has 5$ till now because i love its features too and they are what makes me free than my socity money processing methods its better and faster and a lot stronger than banks

Yes, we will be starting using bitcoin instead of saving it, if bitcoin has stable prices. But, to get start with mass adoptions, bitcoin necessarily needs the characteristics of being investment option. Without it, bitcoin would not have achieved this much popularity and adoptions world wide. Because of adoptions, bitcoin will keep on grow toward replacing fiats too.

If bitcoin had less volatility i am positive that we would see more consumers use it. Perhaps the infrastructure would have developed more. Way more webshops would accept bitcoin and so more consumers would be able to bitcoin.

[Superbitzz]

Most likely it will not be so popular as it is right now, people made a lot of profit because its not stable at all.
If this was not happened it would not be popular.

but i think it will be more popular if the price become stable, people will get their confidence to bitcoin, they will start investing their money in bitcoin.

[SmartIphone]

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?

Well the price is a high factor which affects the traders to join the trading world of bitcoins and I believe that the popularity that has bitcoin now would not be without the price change.
We can compare also the altcoins section where the traders join there mostly to gain profit because of the high chances of price change.

[lister storm]

Most likely it will not be so popular as it is right now, people made a lot of profit because its not stable at all.
If this was not happened it would not be popular.

you are right, bitcoins wouldnt be that popular in my opinion and it wouldnt because people wouldnt invest

[Ziskinberg]

Most likely it will not be so popular as it is right now, people made a lot of profit because its not stable at all.
If this was not happened it would not be popular.

you are right, bitcoins wouldnt be that popular in my opinion and it wouldnt because people wouldnt invest

The way I see it, it the price of bitcoin will be popular people will no longer hold bitcoin because they will not make money of the price, but the good news is that big merchants will come it to invest and it could be easy for us to spend our bitcoins.

[drwtsn32]

If this becomes stable, it would be like fiat where the ups and downs are only in cents.
Unless a huge downfall or something can affect the price.

[Mr. Big]

If this becomes stable, it would be like fiat where the ups and downs are only in cents.
Unless a huge downfall or something can affect the price.

Then investing in bitcoin won't be that attractive since there is not much movement in price... Some people hoard bitcoin because it keeps on moving and they could take advantage of those ups and downs to earn in trading... But for sure if the price is stable many of those who use fiat in the internet or using their card might start shifting to bitcoin.. 

[jstern]

If it was stable, for many years, then it will definitely attract more people. They will be able to purchase things without worry that the price would go up a day later. But if tens of millions of people were using bitcoin because it was stable, and then all of a sudden it had a few hundred dollars crash, then it would become very much hated by a good percentage of those people.

[agustina2]

If this becomes stable, it would be like fiat where the ups and downs are only in cents.
Unless a huge downfall or something can affect the price.

Then investing in bitcoin won't be that attractive since there is not much movement in price... Some people hoard bitcoin because it keeps on moving and they could take advantage of those ups and downs to earn in trading... But for sure if the price is stable many of those who use fiat in the internet or using their card might start shifting to bitcoin.. 

No mate. It is still attractive. Look how active fiat trades today, PHP to USD, USD to EURO, YEN to YUAN etc.

Trades are really profitable even those have stable price. Even for a cents movement, the impact is really noticeable when you do fiat trades.

[goldcoinminer]

If this becomes stable, it would be like fiat where the ups and downs are only in cents.
Unless a huge downfall or something can affect the price.

Then investing in bitcoin won't be that attractive since there is not much movement in price... Some people hoard bitcoin because it keeps on moving and they could take advantage of those ups and downs to earn in trading... But for sure if the price is stable many of those who use fiat in the internet or using their card might start shifting to bitcoin.. 

No mate. It is still attractive. Look how active fiat trades today, PHP to USD, USD to EURO, YEN to YUAN etc.

Trades are really profitable even those have stable price. Even for a cents movement, the impact is really noticeable when you do fiat trades.

The thing is you cannot master trading if you will have to trader different asset, I think it is advisable to focus only on limited numbers of assets that you are going to trade in order for you to give your time and effort to study it, and the result would be positive with enough knowledge.

[Skarner21]

If this becomes stable, it would be like fiat where the ups and downs are only in cents.
Unless a huge downfall or something can affect the price.

Then investing in bitcoin won't be that attractive since there is not much movement in price... Some people hoard bitcoin because it keeps on moving and they could take advantage of those ups and downs to earn in trading... But for sure if the price is stable many of those who use fiat in the internet or using their card might start shifting to bitcoin.. 

No mate. It is still attractive. Look how active fiat trades today, PHP to USD, USD to EURO, YEN to YUAN etc.

Trades are really profitable even those have stable price. Even for a cents movement, the impact is really noticeable when you do fiat trades.

The thing is you cannot master trading if you will have to trader different asset, I think it is advisable to focus only on limited numbers of assets that you are going to trade in order for you to give your time and effort to study it, and the result would be positive with enough knowledge.

For me i starting to trade in bitcoin before altcoin if i have enough profit from bitcoin trading i will try to expand my knowledge into altcoin and try some strategy what i am doing in bitcoin.. trading is not easy but you can learn it gradually until you can set your strategy and make a good profit..

[Sarthak]

If the price is high and stable, I guess there might be a chance of it being still as popular.
If the price is less and stable, then people who hold might dump all their coins and Bitcoin might slowly become worthless.

You can't really know but I guess, it's best the way it is right now.

[agustina2]

If this becomes stable, it would be like fiat where the ups and downs are only in cents.
Unless a huge downfall or something can affect the price.

Then investing in bitcoin won't be that attractive since there is not much movement in price... Some people hoard bitcoin because it keeps on moving and they could take advantage of those ups and downs to earn in trading... But for sure if the price is stable many of those who use fiat in the internet or using their card might start shifting to bitcoin.. 

No mate. It is still attractive. Look how active fiat trades today, PHP to USD, USD to EURO, YEN to YUAN etc.

Trades are really profitable even those have stable price. Even for a cents movement, the impact is really noticeable when you do fiat trades.

The thing is you cannot master trading if you will have to trader different asset, I think it is advisable to focus only on limited numbers of assets that you are going to trade in order for you to give your time and effort to study it, and the result would be positive with enough knowledge.

I don't get what you are pointing. I give some examples above and it doesn't mean you have to trade them all. And of course you will have to do trades on a single one especially in fiat trades. After all, it's a traders own desire.

Also, that sole trades didn't happening in the world of crypto where aside from bitcoin, others also doing altcoin trades at the same time but still they are enhancing their trading skills.

[MyBTT]

I'm pretty sure it won't. It probably would get more and more publicity over time, but less to start off with. I heard of bitcoin through the news, after the Gox hack. So I guess I wouldn't be here.

[bitcoluck]

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 there is no reason not to like the price being stable.
I hope that it will keep on moving.

[ethereumhunter]

i think if more people know about bitcoin then bitcoin can be popular and its not about bitcoin had a stable price, its about more people that will want to know and use bitcoin itself that will make bitcoin more popular.

[kryptqnick]

I suppose that Bitcoin is popular because of two things: anonymity (+independence of government) and price unstability. Why does price unstability make Bitcoin popular? Because people believe they can win on these changes. Bitcoin will still be popular because of anonymity but less popular than now, because of the absence of price unstability.