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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
bit1
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June 12, 2016, 05:40:50 PM
 #201

Perhaps it is true that many people are now attracted by these  price changes and they use it as a investment tool,  and if this becomes stable (with slight variations in long periods) some day,  other  factors would determine popularity and not the price.
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June 12, 2016, 10:18:02 PM
 #202

People will come to bitcoin community cause price is very good factor to start using bitcoin and halving helps to increase a price a lot. I think that bitcoin will become much popular.

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June 12, 2016, 10:53:33 PM
 #203

People will come to bitcoin community cause price is very good factor to start using bitcoin and halving helps to increase a price a lot. I think that bitcoin will become much popular.

Yes that's for sure, bitcoin will going to more popular than ever, and I'm thinking if bitcoin had stable price, maybe that is not a good thing about bitcoin. People tend to come to bitcoin, because they know that there's a fluctuation of price and that's really one of the nice thing about it.
Since it is decentralized it will become more popular because there are lot of opportunities on it.

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June 12, 2016, 11:50:22 PM
 #204

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?

Actually, I don't think so because bitcoin should be a store of value and fiat is not. That is because bitcoin is disinflationary while fiat is either deflationary or inflationary. If bitcoin had a fixed price, then that means that it is linked to fiat. I don't think anyone would want that.

I would rather it to have a free market price than a fixed price.
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June 13, 2016, 12:05:58 AM
 #205

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?

Actually, I don't think so because bitcoin should be a store of value and fiat is not. That is because bitcoin is disinflationary while fiat is either deflationary or inflationary. If bitcoin had a fixed price, then that means that it is linked to fiat. I don't think anyone would want that.

I would rather it to have a free market price than a fixed price.
I agree with you. I think that bitcoin will not be as popular as it is now if it's price was fixed and not going up or down. Because many investors would not invest their money on bitcoin if it had a fixed priced.
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June 13, 2016, 08:25:53 AM
 #206

Many people are here and make use of Bitcoin as an investment so I do not think that it would be as popular if the price was only stable teh not as many people would make use of it.


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June 13, 2016, 09:12:06 AM
 #207

if the bitcoin is getting a table price i dont think there are allot of people interested into the bitcoin because they cant invest into the bitcoin anymore because of the stable value they cant get profit so they stop investing off course.
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June 13, 2016, 10:20:47 AM
 #208

if the bitcoin is getting a table price i dont think there are allot of people interested into the bitcoin because they cant invest into the bitcoin anymore because of the stable value they cant get profit so they stop investing off course.

Even if its the case bitcoin will be still very much popular , almost the same as it is today, because of its nature, easy of use , its anonymous nature , and its uses in places where its more suitable to use it rather than your credit card, i.e porn watching, with bitcoin your wife cannot find out Smiley
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June 13, 2016, 12:56:39 PM
 #209

Compared to the time that bitcoin price is increasing, I would say no, for example now many people are considering bitcoin as a good method of investment.

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June 13, 2016, 01:06:54 PM
 #210

Compared to the time that bitcoin price is increasing, I would say no, for example now many people are considering bitcoin as a good method of investment.

On the contrary stable bitcoin will give way to mass merchant adoption.  Considering the fact that Bitcoin community is not composed of investors alone,  stable Bitcoin means a lesser risk for merchants, and will give them reason to adopt it as mode of payment, once merchant adopted this kind of currency, it gives way to promotion and global to local awareness of what bitcoin really is, what it does and so on.  This means consumers , merchants, investors will know more about Bitcoin

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June 13, 2016, 02:34:28 PM
 #211

off course it would be not so popular as it is right now. Because what will happen to peole there investments because they want profit and if you cant make profit you dont need to invest.
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June 13, 2016, 03:05:08 PM
 #212

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?
If thats the price no one will have interest on bitcoin right now,cause  its useless and worthless.
And that will lead to hatred and frustrations.
And how exactly will BTC stable price will lead to hatred? I thought that every currency ultimate goal is to achieve stable price.
Free from inflation and whimsical nature of global markets. I know that this is more of an economical utopia but that the fact.

Stable bitcoin will be considered as valid replacement to many weak and unstable national recurrences - with current ultra liquid BTC it is not possible.
It will becomes more popular and that is because there are now more stores also that is accepting Bitcoin and that is really nice for people who already have Bitcoin.
But of course you never know what the price will be in the future and that is the problem of the currency.
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June 14, 2016, 04:50:18 AM
 #213

I think yes and it will use bitcoin as they other kind of payment like in restaurants,bars and shopping stores. Also if the bitcoin has a stable price i think it will also use to pay the salary of the employee.
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June 15, 2016, 12:01:57 AM
 #214

I think yes and it will use bitcoin as they other kind of payment like in restaurants,bars and shopping stores. Also if the bitcoin has a stable price i think it will also use to pay the salary of the employee.

It will be still popular if the price of it is high, because people tend to think if they saw they saw the price of it is high, then it can pull them from using it. But since it is decentralize monetary unit, I'm hoping for a good stable price range of bitcoin in the future.

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June 15, 2016, 01:26:30 AM
 #215

Yes I think it will still be popular but than more as a pay method and not as a profitable investment anymore.
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June 15, 2016, 01:37:23 AM
 #216

Yes it will be more popular as it becomes more stable. And as it becomes more popular it will help with stability. The halving is going to help big time with both of those so I'm going long on BTC now.
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June 15, 2016, 01:57:54 PM
 #217

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?
If thats the price no one will have interest on bitcoin right now,cause  its useless and worthless.
And that will lead to hatred and frustrations.
And how exactly will BTC stable price will lead to hatred? I thought that every currency ultimate goal is to achieve stable price.
Free from inflation and whimsical nature of global markets. I know that this is more of an economical utopia but that the fact.

Stable bitcoin will be considered as valid replacement to many weak and unstable national recurrences - with current ultra liquid BTC it is not possible.
Bitcoin is becoming more popular always and that is because there are more people that will get to know about it because there are many people that is using it.
And more stores is accepting it also more so that is perfect so we can spend it more.
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June 15, 2016, 02:34:39 PM
 #218

If bitcoin has a stable price around 1000$ it will become more popular but if the price has fall down to less than 1 $ i think everybody will try to look for another coin to replace bitcoin
No to be honest I think that it will not be as popular because the most people are using it because they want to make money so they use it as an investment.
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June 18, 2016, 10:45:15 AM
 #219

If bitcoin has a stable price around 1000$ it will become more popular but if the price has fall down to less than 1 $ i think everybody will try to look for another coin to replace bitcoin
No to be honest I think that it will not be as popular because the most people are using it because they want to make money so they use it as an investment.
Bitcoin will only be popular when the price will become more stable, the price now that is fluctuate hard is only good for the investors or the traders but would not really help to adopt more people to use bitcoins, the best feature should be the fast transactions and the low cost.

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June 18, 2016, 10:55:08 AM
 #220

Do you think Bitcoin would be more popular if it had a stable price of $100? Surely the investors and speculators wouldn't be as interested as they are nowadays if ever and honestly I am not sure that average online shoppers would be either as there is no incentive to buy a digital currency when there are already alternatives to digital fiat like Paypal, Apple pay and Neteller and all that jazz. But if Bitcoin were more stable and widely accepted it would be used for daily shopping and paying utility bills and everything else people already do with their fiat. Also Bitcoin is great for sending remittances overseas due to the very low fees. I think the low fees are the biggest selling point of Bitcoin. But I guess if it had a stable value it wouldn't be as popular as it is today.

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