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

[plost24]

is not that much populaire but bitcoin strong point is not about only the price but with anonyme transaction and saving your own money by your self.
but the strong thing that make populaire now is the price and the grow that bitcoin make every month.

[bitlancr]

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?

No to be honest the Bitcoin would never be as popular as it is right now if the price was only stable because that means you can only use it as an currency and not as an investment.
Many Bitcoin users are making use of the Bitcoin because of the fact that you can use it as an investment as well.

[Red-Apple]

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?

No to be honest the Bitcoin would never be as popular as it is right now if the price was only stable because that means you can only use it as an currency and not as an investment.
Many Bitcoin users are making use of the Bitcoin because of the fact that you can use it as an investment as well.

but in case it was stable and could only be used as a currency don't you think more businesses would have used it then?

because i do believe that many people are staying away and are afraid to use bitcoin because of this volatility and that is what you don't ever want in your business.

[BAGOBO]

If you see bitcoin value right now , it's higher than gold amount for a moment !
If you're see gold, it's already been popular investment so imagine if bitcoin has higher value, it will more popular than gold ! Many big company will start notice about bitcoin

[Nimbulan]

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 am sure that if bitcoin's price would be stable and not changing whole day like usual, it would lose some users, people that buys bitcoin for small price and sells them for larger

but more people, people that only want to use bitcoins would join, as now they are afraid  to invest  in bitcoins because they don't want to lose any of their money because of price drops

[bitdumper]

i seriously dought that. actully many users even me belive that it is one of the bad property of bitcoins but its actully a reason which is making it popular. c'mon lets be honnest we like to make few bucks with those ups and downs but if it became stable then we can only use it means only use it

[Doamader]

i seriously dought that. actully many users even me belive that it is one of the bad property of bitcoins but its actully a reason which is making it popular. c'mon lets be honnest we like to make few bucks with those ups and downs but if it became stable then we can only use it means only use it

For sure the volatility around bitcoin had attracted several people inside but if the price were stable I believe bitcoin would had reach mainstream and countries would already regulated and accepted it instead being against and banning bitcoin, bot situations make us choose which side we would like to be and the current one.

[virtualkeybuyer]

Yes if the price of bitcoin is stabled then it will get more popularity, as more people will then accept it for their business and more people will put their money in bitcoin without any fear of volatility of bitcoin.

[Vikingr]

Yes if the price of bitcoin is stabled then it will get more popularity, as more people will then accept it for their business and more people will put their money in bitcoin without any fear of volatility of bitcoin.

You are true but more people are wishing that the price of bitcoin do not get stability as they are earning a good amount with the price rise and so they like the rise of the bitcoin value. we can see that in this year a large number of people from all over the world have joined bitcoin it is because they heard that the price will increase in this year in July.

[rhed718]

Yes if the price of bitcoin is stabled then it will get more popularity, as more people will then accept it for their business and more people will put their money in bitcoin without any fear of volatility of bitcoin.

I do not think if more people using bitcoin if the price would be stable, because more users are still using bitcoin to gain income in fluctuating on its price.
Then when the price would be stable they do not gain income in their investment its better to invest in banks than bitcoin if ever.

[Jasad]

is not that much populaire but bitcoin strong point is not about only the price but with anonyme transaction and saving your own money by your self.
but the strong thing that make populaire now is the price and the grow that bitcoin make every month.

agree with that,popularity of bitcoin not come from price stability,its just some people who care about stable price,and of course trader will not happy with stable price,they will hard to trading and decide the best price for it.

[lixer]

I think stable price would have made bitcoins just another dead currency like USD, INR, etc because then you have a fixed value and that hardly even changes. So, I prefer changing values over fixed price.

[boyptc]

I think stable price would have made bitcoins just another dead currency like USD, INR, etc because then you have a fixed value and that hardly even changes. So, I prefer changing values over fixed price.

Definitely, that is why bitcoin now is on the trend because of its decentralization and unstable price. Fluctuation is one of the advantage of bitcoin that investors can see.
Because of its characteristics they can have a lot of opportunities on it.

[Whosdaddy]

Of course it would, but there would be less traders and speculators. Instead, what we would be seeing are more of regular people using bitcoin as currency rather than investment. Early adopters who were able to buy when the price were really low are the lucky ones if and when the price stabilizes at the high levels.

Agree. Bitcoin is just a normal currency like fiat is. Just in another form since transactions done in blockchain is far way better than the usual money transactions.

And besides, bitcoin was made to give another form to money transactions that really sucks in terms of sending and receiving globally.

Normal users who are earning it will prefer to continue with it but the traders who are earning quick profits from it will not find it interesting to use it, price stability is boring for them.

Also if the price is same then what is the use of those who bought it and risked their money when bitcoin was a kid ?

They must be rewarded and what is better than multiplying their money to 1000x times !
So, stable value is not a thing of new modern money.

[el kaka22]

Hell no

Any reason behind it ? I think more people here demand stable prices than the ones asking for variable prices. May be that is because users are worried that the price might go too low also.

[lister storm]

Hell no

Any reason behind it ? I think more people here demand stable prices than the ones asking for variable prices. May be that is because users are worried that the price might go too low also.

pff, dont you think that the stable prices are really boring? in my opinion theres no need for a stable price because less people would be interested in bitcoins then for sure

many traders nowadays need the prices to fluctuate as much as possible to be honest, in my opinion there is no reason not to like the price being not stable, i hope that it will keep on moving

[Ziskinberg]

Hell no

Any reason behind it ? I think more people here demand stable prices than the ones asking for variable prices. May be that is because users are worried that the price might go too low also.

pff, dont you think that the stable prices are really boring? in my opinion theres no need for a stable price because less people would be interested in bitcoins then for sure

many traders nowadays need the prices to fluctuate as much as possible to be honest, in my opinion there is no reason not to like the price being not stable, i hope that it will keep on moving

I think you should carefully analyze, if this is going to be stable that means it is strong and it will become more popular because the large merchants will surely adopt and we know that they are not interested in investing so they are after of a stable price.

[Positid]

Hell no

Any reason behind it ? I think more people here demand stable prices than the ones asking for variable prices. May be that is because users are worried that the price might go too low also.

pff, dont you think that the stable prices are really boring? in my opinion theres no need for a stable price because less people would be interested in bitcoins then for sure

many traders nowadays need the prices to fluctuate as much as possible to be honest, in my opinion there is no reason not to like the price being not stable, i hope that it will keep on moving

I think you should carefully analyze, if this is going to be stable that means it is strong and it will become more popular because the large merchants will surely adopt and we know that they are not interested in investing so they are after of a stable price.

The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.

[Jumanga]

The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.

Amen to that!

[boyptc]

The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.

Amen to that!

I would say that being stable price of having a range and not literally a stable price of bitcoin and doesn't move at all.
For example, the price of bitcoin is stable at the range $800-$900.
I think that's more reasonable for being popular.