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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
cluit
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June 20, 2016, 05:52:13 AM
 #241

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.
Yes ecactly what I am thinking it will be low risk for merchants as when the price will be stable people can also use them for any time use for any goods or services easily without risk on both buying and selling parties.
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June 20, 2016, 06:30:38 AM
 #242

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.
Yes ecactly what I am thinking it will be low risk for merchants as when the price will be stable people can also use them for any time use for any goods or services easily without risk on both buying and selling parties.

That's right it is also be a good thing if bitcoin will have a stable price. But still there is no currency that has stable price or value.
Just like the stock market and foreign exchange it has never been stable.
So, even bitcoin will not be stable it will still has become more popular.

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June 20, 2016, 06:40:07 AM
 #243

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.
Yes ecactly what I am thinking it will be low risk for merchants as when the price will be stable people can also use them for any time use for any goods or services easily without risk on both buying and selling parties.

That's right it is also be a good thing if bitcoin will have a stable price. But still there is no currency that has stable price or value.
Just like the stock market and foreign exchange it has never been stable.
So, even bitcoin will not be stable it will still has become more popular.

even if bitcoin price is stable I think it's very tedious, especially I was a trader. but no problem if the price is stable at a high price.
when talking about popularity, bitcoin I think really has not been very popular. maybe a few years ahead when the prices are very high, it may become more popular.
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June 20, 2016, 07:00:28 AM
 #244

It's very hard to achieve Bitcoin to be stable. I don't know if that would affect its popularity but it would affect the status on the financial market. But then the whole story with Bitcoin would go in some other way, not necessary better then it is now.

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June 20, 2016, 07:24:50 AM
 #245

I dont think that the bitcoin price will become such popular as now because why would people invest into something that cant rise i dont think that would be popular enough.
phreaky
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June 20, 2016, 08:31:44 AM
 #246

bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...
I do not think that if the Bitcoin price was only stable that it would be as popular as it is right now.
Nobody would make use of it because if that happened then we would not be able to make money with it.
Cozynunu
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June 20, 2016, 01:54:28 PM
 #247

Bitcoin wont be stable for a long time and that is because you have to know that the price is always changing and now it is also rising so that is very nice for people who are waiting.
And it will be really hard to know what is going to happen in the future so that is the bad thing of it.
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June 20, 2016, 02:16:48 PM
 #248

 Smiley I wish I could believe that a significant majority of people here are dealing with BTC not only for profit_ but for the idea.
Iceborn
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June 20, 2016, 03:14:02 PM
 #249

No honestly I do not think that it will be so popular as now if it was stable, its profitable and that is also why its very popular now a days.
You can make a lot of money in a relative short time.
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June 20, 2016, 03:28:08 PM
 #250

I do believe that now stability in price is necessary because stability will really make it much more popular.It will be much more popular than now.Many new people will make entry as so many are afraid of all this highly volatility in prices.Stability assure of safer investment and surely popular as well.

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June 20, 2016, 07:59:37 PM
 #251

It's very hard to achieve Bitcoin to be stable. I don't know if that would affect its popularity but it would affect the status on the financial market. But then the whole story with Bitcoin would go in some other way, not necessary better then it is now.
It could be popular only from payments of your bills the structure of inventing bitcoin was to made payment easy and reliable. I think it is possible that bitcoin would popular but not as popular.

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June 20, 2016, 09:59:46 PM
 #252

I dont think that the bitcoin price will become such popular as now because why would people invest into something that cant rise i dont think that would be popular enough.
I also think so. bitcoin become popular because bitcoin is a commodity investment that give big profitable in the short term. The blessing of the fluctuations. if prices stabilize of course people will be increasingly difficult to earn huge profits?
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June 20, 2016, 10:19:44 PM
 #253

It would not, probably. We've had Bitcoin at a stable price for months, at around 200-250 a coin, and most people where interested in other meaningless crap instead of learning about Bitcoin. Now the ones that knew Bitcoin was important regardless the price, get the rewards since everyone is getting interested and price will not stop going up.
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June 20, 2016, 10:24:19 PM
 #254

Smiley I wish I could believe that a significant majority of people here are dealing with BTC not only for profit_ but for the idea.
i think most of the people are in bitcoins at the moment in order to earn a lot of money

it would definitely still be profitable in my opinion if the price would be stable
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June 20, 2016, 10:28:22 PM
 #255

I do believe that now stability in price is necessary because stability will really make it much more popular.It will be much more popular than now.Many new people will make entry as so many are afraid of all this highly volatility in prices.Stability assure of safer investment and surely popular as well.

I would say really it is the best if bitcoin is going to have a price stability because we just tend to guess for the price of the bitcoin and there is really no assurance on it.
I hope devs of bitcoin will going to consider it as a centralize type of crypto currency.

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June 22, 2016, 07:09:09 AM
 #256

I don't think so. Because the whole point of bitcoin is a system outside of government control and if bitcoin had a stable price then it would mean that bitcoin is basically controlled by the fiat system.

definitely not.
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June 22, 2016, 08:17:03 AM
 #257

For my opinion it would be popular when the price is stable because more users can explain the benefits of bitcoin with low risk because the price is stable not worrying that price will going down then it will spread very easy.
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June 22, 2016, 08:50:58 AM
 #258

For my opinion it would be popular when the price is stable because more users can explain the benefits of bitcoin with low risk because the price is stable not worrying that price will going down then it will spread very easy.

The price these days is very important
People think with bitcoin about making money or getting rich, not about how they can use it for transactions.
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June 22, 2016, 09:05:22 AM
 #259

i Dont think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore/
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June 23, 2016, 10:15:14 AM
 #260

i Dont think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore/

It would not be a very good investment opportunity and that would be a major issue but that isnt the big deal for some people so it would just be a small issue which would drive a lot off but also keep a lot on it.

I would love to see btc at a stable price for a good month or two just to see how people would react.
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