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

[voztata]

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.

Yes, people are investing in bitcoin to increase their money, but such a situation is not only in bitcoin, there are some people whom I know also invested their money into dollars, so bitcoin resembles dollar and other currencies also.

[richardsNY]

I think it will be less popular for traders as the majority of the traders are in Bitcoin because the price shows wild fluctuations from time to time. And traders are important to keep the cash flowing in the market. We need to keep them entertained.

[erikalui]

Nope. Bitcoin is only popular because of its volatility. If it was similar to other currencies, how would it be different then? People trade in it and hence they can earn and spend it else crypto currencies that are government owned are preferred. Just like google play store cards, payback points are all similar to bitcoins. Also, BTC not being irreversible is an added advantage.

[angaper]

I personally think that a greater stability is required as an indispensable requisite to make bitcoin a more acceptable currency for a larger number of stores and economic agents. Of course, there would be less interest of speculators, but in the long term it would be beneficial.

[knowhow]

Nope. Bitcoin is only popular because of its volatility. If it was similar to other currencies, how would it be different then? People trade in it and hence they can earn and spend it else crypto currencies that are government owned are preferred. Just like google play store cards, payback points are all similar to bitcoins. Also, BTC not being irreversible is an added advantage.

Bitcoin achieved the attention of the people when it hitted the 1100 dollars soo all people wanna to have a miner at home and go work and return with some bitcoin mined.If bitcoin were just worthing around 300 or 500 dollars and never hit those ammounts i believe the mining would keep being with the solo miners and low farmers,bitcoin has become the new run of gold because its potencial to grow .

[yenxz]

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?

ever think about that before,but until now i dont see that bitcoin price gonna stable,i think bitcoinstill popular even the price going stable,because some people need bitcoin for currency,they never care about bitcoin price.

[tabas]

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?

ever think about that before,but until now i dont see that bitcoin price gonna stable,i think bitcoinstill popular even the price going stable,because some people need bitcoin for currency,they never care about bitcoin price.

Yeah I believe that too, just think that bitcoin doesn't have stable price today but it is now popular, how much more if bitcoins price became stable.
It will really popular if that happens.

[FabioDelcatto]

Bitcoin was for a long time stable and that is bad of course for the most people but the most are hoping that it will rise soon so they can earn profit with it and that is nice.
But the bad thing is that it will takes a long time until the value will be more worth and that is bad but it will be of course more popular.

[ASHLIUSZ]

Bitcoin was for a long time stable and that is bad of course for the most people but the most are hoping that it will rise soon so they can earn profit with it and that is nice.
But the bad thing is that it will takes a long time until the value will be more worth and that is bad but it will be of course more popular.

Bitcoin is new and this needs long years to become stable, but it don't matters as expectations in price values means more in bitcoin.

[senyorito123]

Bitcoin was for a long time stable and that is bad of course for the most people but the most are hoping that it will rise soon so they can earn profit with it and that is nice.
But the bad thing is that it will takes a long time until the value will be more worth and that is bad but it will be of course more popular.

In my opinion the price of bitcoin unstable for these days price becausr we see ups and downs for it last week and maybe it is the reason why online store doubting to use it as their mod of payments because they are afraid they lose money if bitcoin price goes drop, but if it is stabilize will it remains its fame to the user and it can be trustable to business sector because it has no down.

[ElpadroBitcoin]

No I think not the thing that makes Bitcoin unique is that the value can always change this is what it attracting people and use it as a investment. If the price was just stable then nobody would make use of it at all.

[beerlover]

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.

You have to know the traders are not much here with bitcoin then other business owners and online earners and if they see the price as stable then they will love that currency and will keep their money as bitcoin for longer time.

If price is stable what is the use of holding bitcoin then? Instead people will use other currencies, it's popularity goes down.

Holding bitcoin is not the only phenomena with bitcoin, there are a lot of benefits and features of bitcoin and the price increase is only a minute benefit of bitcoin, when you get complete knowledge about bitcoin you will see that holding and price increase is not the only profits of bitcoin but there are a lot of other benefits also available for us.

[diodio5]

No I think not the thing that makes Bitcoin unique is that the value can always change this is what it attracting people and use it as a investment. If the price was just stable then nobody would make use of it at all.

I think the thing that is special about bitcoin not only of fluctuations? still a lot of things other than bitcoin seeded as anonymous and so on
and moreover there are a lot of people who liked the price stable. So even if it happens bitcoin will still have a lot of users

[panju1]

No I think not the thing that makes Bitcoin unique is that the value can always change this is what it attracting people and use it as a investment. If the price was just stable then nobody would make use of it at all.

That is not unique, that is true of every commodity.  
The speculators and traders love the volatility, others do not.

[HeroCat]

Probably, yes, because there are a lot of people using BTC, especially in gambling. Bitcoin stable price can even make it more popular. 

[hawkins]

yes i think if bitcoin have a stable price will be better, at least bitcoin stable at $1000. chances are many people who invest in bitcoin, so that bitcoin is becoming increasingly popular.

The block reward halving is only a few weeks away (63 days?), so let's hope that it will get Bitcoin to the $1,000 mark for the first time. I am saying "first time" because the last time when Bitcoin went over the $1,000 mark, the Mt Gox exchange guys had rigged the order books. In reality, Bitcoin never went over the $1,000 mark.

yes it is still popular, but I think that makes bitcoin become popular is the increase and decrease costs. it is because people always take advantage of the situation to turn a profit.

[bryant.coleman]

No I think not the thing that makes Bitcoin unique is that the value can always change this is what it attracting people and use it as a investment. If the price was just stable then nobody would make use of it at all.

I don't think so. On the other hand, I believe that more and more people would use Bitcoin, if the exchange rates are stable. I have personally spoken to some of the online retailers. When I requested them to accept Bitcoin on their sites, most of them refused, saying that Bitcoin is too volatile for them to accept. Using a payment processor is one of the options. But if you need to use escrow or multi-sig, then it gets complicated.

[23dzmaz]

I think yes, maybe bitcoin can be popular same as gold. the stable price make bitcoin to be one of the best method to invest because the price is stable, it's like a gold though.

[Adrorecia]

It would only be popular for people who used to pay with the coins. I think there will
no more invests in the coin the gamble games with coins would be disappear. It wont be such popular as it is now. 

[romero121]

As the halving is approaching bitcoin popularity has increased. The same time if the price of bitcoin continues to be a stable for a long term, sure we couldn't have got such a big number of users. I feel the fluctuation of bitcoin's price to be a attractive feature.