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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171755 times)
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May 22, 2016, 03:59:49 PM
 #141

Maybe but that would be only one of some other factors to give that description, So I would not put it as the first factor to consider.
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May 22, 2016, 04:01:36 PM
 #142

I think yes and no
Yes,it can be use for online savings in internet
No,it will be no thrill or excitement if it will be stable.
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May 23, 2016, 02:27:12 AM
 #143

Maybe but that would be only one of some other factors to give that description, So I would not put it as the first factor to consider.
If bitcoins price will be stable then it is a good sign for the community, many investors will come and invest especially on the merchandising industry. We can see huge online stores adopting if that will happen.

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May 23, 2016, 02:51:50 AM
 #144

I believe it would even be more generally accepted, not popular, actually. Most people are on the conservative side and would rather play it safe, especially when it comes to their finances. So if bitcoin's price becomes stable and people see more merchants accepting it, I can't see any reason why it wouldn't be widely circulated.
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May 23, 2016, 07:45:34 AM
 #145

No I believe that it would not be as popular as it is right know. The reason Bitcoin is so popular is because of the fact that you can use it as a currency which allows the users to make money by buying these coins and selling them later in in the future.


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May 23, 2016, 08:27:27 AM
 #146

I think price stability will  attract more new investors to invest their money into bitcoin, as if price is stable they will have trust in it and they would prefer to invest in it.

If the bitcoin is as stable as the US dollar and other major currencies, its value will be similar to the dollar.

Price stability of bitcoin needs to be more adjusted since it is a digital currency and decentralized I don't it would be easy for bitcoin
to have a stable price, but for me, I'm considering it also to have a good effect and bad effect for it.

even in major fiat currencies there is no real stability. it's a market that goes up and down, either by legit market movements or due to manipulation. bitcoin is no exception here. volatility is a very important aspect of bitcoin. it attracts traders and thus it secures itself a way to get new money entering the market. new money is the most important aspect to realize growth.
If it will rise of course it will be more popular but to make it popular we all have to promote it more so more people will see it and get to know about it.
And that is nice but the bad thing is that you cant control the value and that is risky.
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May 23, 2016, 11:51:53 AM
 #147

I think price stability will  attract more new investors to invest their money into bitcoin, as if price is stable they will have trust in it and they would prefer to invest in it.

If the bitcoin is as stable as the US dollar and other major currencies, its value will be similar to the dollar.

Price stability of bitcoin needs to be more adjusted since it is a digital currency and decentralized I don't it would be easy for bitcoin
to have a stable price, but for me, I'm considering it also to have a good effect and bad effect for it.

even in major fiat currencies there is no real stability. it's a market that goes up and down, either by legit market movements or due to manipulation. bitcoin is no exception here. volatility is a very important aspect of bitcoin. it attracts traders and thus it secures itself a way to get new money entering the market. new money is the most important aspect to realize growth.
If it will rise of course it will be more popular but to make it popular we all have to promote it more so more people will see it and get to know about it.
And that is nice but the bad thing is that you cant control the value and that is risky.
For the investors or adopters of the bitcoins they would rather like to see the stable price of the bitcoins rather than the increase of price. Only the traders profited in the price fluctuations of the bitcoin but for serious businessman they want to see the stability of bitcoins to integrate it in their business as mode of payment.

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May 23, 2016, 12:21:28 PM
 #148

No I believe that it would not be as popular as it is right know. The reason Bitcoin is so popular is because of the fact that you can use it as a currency which allows the users to make money by buying these coins and selling them later in in the future.

I can see it also as a no, since it is decentralized and their is a fluctuation of price daily and that is one of the advantage of bitcoin
why people tends to use it because they can trade for it as easily like trading with alt coins to coins and to fiat.

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May 23, 2016, 12:45:58 PM
 #149

Well of that happens i think the answer will be NO, also i think if bitcoin will be stable other altcoins will be stable as well ?if im right .
Or the thing that bitcoins is just for only traders, gamblers that using their own money to play or do bitcoining.


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May 23, 2016, 03:10:33 PM
 #150

No I believe that it would not be as popular as it is right know. The reason Bitcoin is so popular is because of the fact that you can use it as a currency which allows the users to make money by buying these coins and selling them later in in the future.
It would never be as popular as it is right now that is for sure and I know that many people would agree. Selling coins is what it is all about not everyone buys coinsn but everybody tries to sell them.
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May 23, 2016, 03:14:06 PM
 #151

although bitcoin prices stable, I believe bitcoin is still just as popular, is not much different from what was experienced by gold. Gold also has a more stable price of bitcoin, but he still remains popular
I think the gold price stabilizes and gold remain popular because gold prices have risen high enough? so the price was reasonable enough for the price of gold? while the price of bitcoin is still under $500. and the price was not too high for bitcoin
if it becomes a stable course bitcoin will lose its luster
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May 23, 2016, 03:14:40 PM
 #152

No I believe that it would not be as popular as it is right know. The reason Bitcoin is so popular is because of the fact that you can use it as a currency which allows the users to make money by buying these coins and selling them later in in the future.
It would never be as popular as it is right now that is for sure and I know that many people would agree. Selling coins is what it is all about not everyone buys coinsn but everybody tries to sell them.

Volatility is the main key to what makes Bitcoin interesting for so many people. It gives us the option to make profit in a relatively short time as there are several huge price swings every year. Only the potential of making profit is enough to attract tens of thousands of new people.
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May 23, 2016, 07:26:12 PM
 #153

If bitcoin had stable price then it could have got more user profiles than the present, but at the same users won't show much importance on earning or trading these coins as they would get a very limited profit.

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May 23, 2016, 07:33:46 PM
 #154

You're putting the cart before the horse. With most of the population adopting bitcoin, there will be more stability. Think about it. If there are 10x as many people wanting to use bitcoin as a currency 10 years from now, the price will have to be higher. If there are about as many people that will ever adopt bitcoin then the price will be relatively stable. Look at any other fiat. Older currencies are more stable.
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May 24, 2016, 03:14:23 AM
 #155

You're putting the cart before the horse. With most of the population adopting bitcoin, there will be more stability. Think about it. If there are 10x as many people wanting to use bitcoin as a currency 10 years from now, the price will have to be higher. If there are about as many people that will ever adopt bitcoin then the price will be relatively stable. Look at any other fiat. Older currencies are more stable.
Absolutely, the more the demand of the bitcoins is high the more the price reacts, with the trend today, you can already tell that the price will grow significantly in the future.

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May 24, 2016, 03:18:41 AM
 #156

no currency can have a stable price if it is being traded
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May 24, 2016, 05:05:13 AM
 #157

You're putting the cart before the horse. With most of the population adopting bitcoin, there will be more stability. Think about it. If there are 10x as many people wanting to use bitcoin as a currency 10 years from now, the price will have to be higher. If there are about as many people that will ever adopt bitcoin then the price will be relatively stable. Look at any other fiat. Older currencies are more stable.
Absolutely, the more the demand of the bitcoins is high the more the price reacts, with the trend today, you can already tell that the price will grow significantly in the future.

Yes indead but i can say past can tell the future, like what happen in the past i think their are possibilities will be happen to bitcoin just what happen when price reach to 1k$ for last 2013 and it follows big crash where bitcoin price go lower more as wed expected, but hope it will not happen tor todays and halving is approaching i dont want tonsee it crash again,

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May 24, 2016, 07:00:12 AM
 #158

no currency can have a stable price if it is being traded

Yes, all currency even fiat money are not stabled. That's because of the fluctuation of the monetary unit in the worlds economy.
And if there is no fluctuation of money there would be no cycle in a government.


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May 24, 2016, 08:06:02 AM
 #159

no currency can have a stable price if it is being traded

Yes, all currency even fiat money are not stabled. That's because of the fluctuation of the monetary unit in the worlds economy.
And if there is no fluctuation of money there would be no cycle in a government.

True. They have to see what is going strong and make some arrangements during those fluctuations. Many people are betting to this kind of fluctuations even the smallest ones.
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May 24, 2016, 08:18:40 AM
 #160

If bitcoin had stable price then it could have got more user profiles than the present, but at the same users won't show much importance on earning or trading these coins as they would get a very limited profit.

If bitcoin had stable price there would be no more trading, since there is no more fluctuations of price and there's no need to trade anymore.
I don't it will be as popular as today if the bitcoin has stable price.

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