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Babayega31
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June 18, 2016, 11:00:53 AM |
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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. I can say it will be more popular because many oppurtunities will be open for bitcoin if price will be stabilized many advertiser will come and maybe we cn see more sig campaign will be open for future, and i can see thay price stability is better than flactuating price is because if price is so high like today we cant really see newly open sig campaigns and also advertiser will pulling of since they cannot shoulder the fee |
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bob123
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June 18, 2016, 11:10:21 AM |
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To be honestly i think a stable price would make it even more popular..
e.g. if it sattlet itself at about 1k$
It would be more trusted than a "currency" which is not stable at all
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tabas
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June 18, 2016, 12:12:42 PM |
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To be honestly i think a stable price would make it even more popular..
e.g. if it sattlet itself at about 1k$
It would be more trusted than a "currency" which is not stable at all
I guess you are right, but we can't remove the word 'decentralize' which is the character of bitcoin. And being a decentralized online currency, there is no stable value at all. And I guess, it is one of the influential characteristic of bitcoin of why it is getting more popular. |
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Akupuniard
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June 18, 2016, 12:52:47 PM |
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Minors price changes will not affect bitcoins popularity i think, most of bitcoin users already accustomed that bitocin is not so stable. I think that if bitcoin will become stable we will get more users.
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yhansky
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June 18, 2016, 01:20:25 PM |
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If bitcoin will have a stable or lets say " fixed price" then it could be sign that bitcoin is our next currency.
But bitcoin must be known all over the world first.
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RoommateAgreement
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June 18, 2016, 01:44:08 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?
yeah i think even if bitcoin price was stable it could still be popular. the only difference in an stable price would have been popularity as a currency while now bitcoin is more popular as an investment. so in case of stable price it would have been used more as acurrency like USD, or EUR. |
Buying the dip...
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JohnyWalkerUK
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June 18, 2016, 05:18:31 PM |
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If bitcoin will have a stable or lets say " fixed price" then it could be sign that bitcoin is our next currency.
But bitcoin must be known all over the world first.
Bitcoin is know, but it's time for people to use it, alas webshops start accepting this great coin us customers being able to use it. A stable price will not come for at least a few years. |
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sishendaoye
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June 18, 2016, 07:13:24 PM |
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If bitcoin will have a stable or lets say " fixed price" then it could be sign that bitcoin is our next currency.
But bitcoin must be known all over the world first.
Bitcoin is know, but it's time for people to use it, alas webshops start accepting this great coin us customers being able to use it. A stable price will not come for at least a few years. Stability is the reason people would buy bitcoin or even accept it, These days it is too risky to buy bitcoins or accept it, because as a merchant you want to have a fixed value for your product. |
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mindrust
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June 18, 2016, 07:26:54 PM |
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No, but it would be more secure than what it is now.
While some people are appealed because of the volatility, some people are scared of it. I prefer a slow and sturdy rise instead of daily pump and dumps.
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richardsNY
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June 18, 2016, 07:33:09 PM |
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No, but it would be more secure than what it is now.
While some people are appealed because of the volatility, some people are scared of it. I prefer a slow and sturdy rise instead of daily pump and dumps.
More secure in what way? And yes, different people, different preferences. One likes to see a stable price where the value remains the same or at least not much lower than the price they bought at. And the other likes the volatility more as they are traders. |
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Taki
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June 18, 2016, 08:19:21 PM |
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If Bitcoin would be fixed price it would attract more users. Now here in this Bitcoin system only people who are ready to risk. So if no risk - then it's gonna be much more people who wish to use it or hold their money in BTC.
So cause of there is no any stable price currency - people just prefer not to risk
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extrabyte
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June 18, 2016, 10:18:24 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?
Well i think that the popularity will not be the same as it is now but something less, because many bitcoin holders are holding bitcoin because of the hope that one day bitcoin price will be higher and to get higher profit. If the price would not change often then it will be as usual use like cash. |
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Cyaren
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June 19, 2016, 06:13:18 AM |
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definitely not. The whole bitcoin of bitcoin is basically a system that is away from fiat monetary systems. If we fix the bitcoin's price, then there will be no point for using bitcoin. Just use Paypal instead.
If you want to use USD on a cryptocurrency, try USD tether.
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hermanhs09
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June 19, 2016, 06:45:37 AM |
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No, because what's the point of having a bitcoin with a stable price? Think about it. Why can't you just use your bank account instead? Or just use cash in real life? The whole point of bitcoin is decentralization.
So no, it's not going to be popular at all.
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Vaccinus
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June 19, 2016, 07:35:46 AM |
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i think yes, average joe like stable thing, more usage from non tech savy
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noormcs5
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June 19, 2016, 08:18:47 AM |
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No, because what's the point of having a bitcoin with a stable price? Think about it. Why can't you just use your bank account instead? Or just use cash in real life? The whole point of bitcoin is decentralization.
So no, it's not going to be popular at all.
Bitcoin will be as popular as it is now if the bitcoin price is stable . But the interest and advantage the investors and trader are taking for the unstable price , that interest / advantage will not be there if the prices of bitcoin is stable. |
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davis196
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June 19, 2016, 10:54:00 AM |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Definitely not,but bitcoin price can`t be stable.It depends of the demand of btc. The supply is almost fixed.For the price to be altered by 0.01-0.10$ the supply and demand has to be almost equal. |
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wintermeasures
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June 19, 2016, 11:14:37 AM |
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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?
I as a trader, if bitcoin have a stable price I think it will not use bitcoin. because the risk is greater than profits. Thank you |
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serjent05
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June 19, 2016, 12:08:24 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?
I as a trader, if bitcoin have a stable price I think it will not use bitcoin. because the risk is greater than profits. Thank you I see your point here but I, as a merchant, would gladly accept Bitcoin as payment for my goods as I see lesser risk from it being volatile. I would even introduce it to my co merchant,so they can experience the benefits of accessing crypto community. And i bet they will be satisfied for Crypto Community is huge now. |
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Hatuferu
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https://trueflip.io/
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June 19, 2016, 12:36:09 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?
I as a trader, if bitcoin have a stable price I think it will not use bitcoin. because the risk is greater than profits. Thank you I see your point here but I, as a merchant, would gladly accept Bitcoin as payment for my goods as I see lesser risk from it being volatile. I would even introduce it to my co merchant,so they can experience the benefits of accessing crypto community. And i bet they will be satisfied for Crypto Community is huge now. If you are a merchant you can still use bitcoins because you will be making necessary measures to convert your BTC to Fiat at the end of the day, I think there is no problem because the price now is rising to one direction and that is the benefits of the merchants or any person who holds bitcoins. |
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