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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
saiha
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October 07, 2016, 03:41:25 AM
 #781

If bitcoin had a stable price it would probably be just as popular or even more popular. I think this is the case because when its stable it will me attractive for businesses aswell which will reap in more and more people so some investors leave some join.
Even the bitcoin price is not that stable it always be a popular you way back 2015 when the price of bitcoin is so much cheaper than the price right now if you compare the price before in to the present one you will see the big difference in the price and you will encourage to use bitcoin as well investors are still using bitcoin whenever it is low
Not really sure about that's if the price of bitcoin stable its depends how many store will adopt bitcoin and if not much of course many investor will leave bitcoin.

I don't think the stores and investors will remain in bitcoin if it has a stable price. If that is so, then they will just going to choose fiat money at all.

And don't need it to make it digital as there are some payment processors already making fiat money as digital currency already.

That is why many investors are getting into bitcoins because of its unstable price.

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October 07, 2016, 04:14:49 AM
 #782

No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.
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October 07, 2016, 05:09:23 AM
 #783

No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.

Grow fast? I can't see that bitcoin grow fast just because of the price.

Look as a whole and there are only small numbers of bitcoin users in the whole world. It's really popular here in this forum but try to ask some questions outside if they have the idea of bitcoin.
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October 07, 2016, 05:41:40 AM
 #784

Yeah, even bitcoin's price right now is not that good, it is still popular. Many people are still using it because it is really a good way of making money. It also helps us in buying stuffs online having a very fast transaction just by sending bitcoins to that someone that we bought something online. It's too unfair if we're just using bitcoin when it's price is high, but what about when it's low? It will get lower if only few are using it, don't you think? That's why no matter what happens, we must not stop using bitcoin unless the time that it will die.
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October 07, 2016, 05:51:41 AM
 #785

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?


It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.
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October 07, 2016, 06:02:09 AM
 #786

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?


It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.

It can of course, at a constant interest in Bitcoin price remains at large organizations. But people have lost interest in this.
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October 07, 2016, 06:27:39 AM
 #787

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?


It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.

It can of course, at a constant interest in Bitcoin price remains at large organizations. But people have lost interest in this.
I don't think people would lose their interest in bitcoin if the stable price will happen, maybe only a certain portion of the group will lost its interest in bitcoin as they will no longer earn by doing day trading, they will surely miss the big price fluctuation of bitcoin.

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October 07, 2016, 10:37:57 AM
 #788

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?


It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.

It can of course, at a constant interest in Bitcoin price remains at large organizations. But people have lost interest in this.
I don't think people would lose their interest in bitcoin if the stable price will happen, maybe only a certain portion of the group will lost its interest in bitcoin as they will no longer earn by doing day trading, they will surely miss the big price fluctuation of bitcoin.

Exactly  they would switch to other coin  which  has  more  volatile  price and traders would  like  that and  its  not only a  small portion  because   big investors  do also  like on bitcoin because of  moving prices and  if bitcoin would  stable its price  then  popularity  would somehow decrease.

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October 07, 2016, 12:20:00 PM
 #789

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?


It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.

It can of course, at a constant interest in Bitcoin price remains at large organizations. But people have lost interest in this.
I don't think people would lose their interest in bitcoin if the stable price will happen, maybe only a certain portion of the group will lost its interest in bitcoin as they will no longer earn by doing day trading, they will surely miss the big price fluctuation of bitcoin.

Exactly  they would switch to other coin  which  has  more  volatile  price and traders would  like  that and  its  not only a  small portion  because   big investors  do also  like on bitcoin because of  moving prices and  if bitcoin would  stable its price  then  popularity  would somehow decrease.
It could possibly happen, if whales trust the new coins they would definitely put money on it and us being a member here in the community we will just follow where the money at, maybe that time we can see a more progressive different coins from altcoins.

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October 07, 2016, 04:11:33 PM
 #790


Exactly  they would switch to other coin  which  has  more  volatile  price and traders would  like  that and  its  not only a  small portion  because   big investors  do also  like on bitcoin because of  moving prices and  if bitcoin would  stable its price  then  popularity  would somehow decrease.

Try to read how forex traders are getting profit out of the stable price of fiat currencies and you will have some enlightment.

If bitcoin price is stable, the trades is still profitable. Try to learn new things mate.
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October 07, 2016, 04:44:22 PM
 #791


Exactly  they would switch to other coin  which  has  more  volatile  price and traders would  like  that and  its  not only a  small portion  because   big investors  do also  like on bitcoin because of  moving prices and  if bitcoin would  stable its price  then  popularity  would somehow decrease.

Try to read how forex traders are getting profit out of the stable price of fiat currencies and you will have some enlightment.

If bitcoin price is stable, the trades is still profitable. Try to learn new things mate.
But how they are making a profit if the price is very stable i think if the price is increase 1% a month they are making profit?
Honestly i still not try forex trading since they are asking for high investment or deposit..



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October 07, 2016, 08:30:33 PM
 #792

If bitcoin had a stable price then it would probably be the same popular or even more popular. Having a stable price attracts a different kind of people more like business owners instead of major investors cause businesses like stable prices when handling in that currency.
I agree with your points I myself when thinking to start a business with bitcoin first I think that how much will be the price of bitcoin stable in that particular period and whenever I see the price in higher fluctuations I do not prefer to start my business with bitcoin until it gain stability.
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October 07, 2016, 10:27:12 PM
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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?


It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.
Yeah bitcoin really become more and more popular , and its really a huge number of organization are using bitcoin and more organization are adopting bitcoin and i am sure bitcoin will be get more popularity and bitcoin will be more increasing its price.
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October 08, 2016, 02:14:13 AM
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No I do not think that it will be very popular anymore if it had a stable price because the instability made it attractable for people so they can make profit when its going fast to a high amount when they bought in a low price.
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October 08, 2016, 02:38:56 AM
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No I do not think that it will be very popular anymore if it had a stable price because the instability made it attractable for people so they can make profit when its going fast to a high amount when they bought in a low price.
There will two group that will be affected with the stable price, the group one are the merchants and the people who love to spend online to buy products, for sure they will be happy, but the other side will be lonely and will lost its interest with bitcoin as they will no longer earn in trading.
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October 08, 2016, 02:50:33 AM
 #796

Changing in price of bitcoin makes it more popular,some gained profits others not. And if bitcoin will have a stable price some holders will now leave bitcoin. As long as there is change on price bitcoin will be more popular and some will adore it.
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October 08, 2016, 07:35:02 AM
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No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.
but i think if the price of bitcoin remain stable it will become more and more popular, people will then trust on bitcoin and they will then put more and more money in bitcoin. therefore to me if the price of bitcoin remain stable its popularity will increase more.
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October 08, 2016, 07:45:02 AM
 #798


Exactly  they would switch to other coin  which  has  more  volatile  price and traders would  like  that and  its  not only a  small portion  because   big investors  do also  like on bitcoin because of  moving prices and  if bitcoin would  stable its price  then  popularity  would somehow decrease.

Try to read how forex traders are getting profit out of the stable price of fiat currencies and you will have some enlightment.

If bitcoin price is stable, the trades is still profitable. Try to learn new things mate.
But how they are making a profit if the price is very stable i think if the price is increase 1% a month they are making profit?
Honestly i still not try forex trading since they are asking for high investment or deposit..

Bitcoin trading and  forex seems to different in some ways. Forex could  always  be a profitable one  and we all know that  doing forex trading would require you a lot of  money  in able to be profitable   even in a single or triple  pip move but  in bitcoin  if  it  would  stable  its  price stable means "steady" no movement at all so  how can traders would  be  profitable  with that?

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October 08, 2016, 07:56:14 AM
 #799

No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.
but i think if the price of bitcoin remain stable it will become more and more popular, people will then trust on bitcoin and they will then put more and more money in bitcoin. therefore to me if the price of bitcoin remain stable its popularity will increase more.

Stability is a great aspect if it ever comes to happen, but the problem then will be that traders will pull back their money from the market. And exactly this money is needed to keep the market liquid. That's why I prefer Bitcoin to remain volatile, so traders have reason to pump their money into Bitcoin.
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October 08, 2016, 08:11:19 AM
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Right now we are at a stable price. This is the proof that Bitcoin will continue to be popular even if the market sometimes becomes almost steady. There are just some price fluctuations these days like 10$ range of difference every now and then. Eventually, there's either a whale that will dump or a whale that will fill in his stash so this price stability will never stay forever but it might stay for a little longer.
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