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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
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July 10, 2016, 11:50:32 AM
 #381

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 don't think so. I would not bother buying it. What's the use?
If I need to send money quickly to another person maybe.
But, if BTC is not popular, probably there is no online wallet that supports it. So it's useless.
Well, if that is the price of stable bitcoin then I would love to use bitcoins for transaction only, we cannot consider bitcoin on that price as we will not make any profit with that small amount.

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July 10, 2016, 11:54:42 AM
 #382

I just thought about it but... you're taking the problem the wrong way ^^

In fact, to have a stable price, bitcoin would need to be much more popular!
The only way to stabilise price is to get a mainstream currency Smiley

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July 10, 2016, 02:11:13 PM
 #383

I just thought about it but... you're taking the problem the wrong way ^^

In fact, to have a stable price, bitcoin would need to be much more popular!
The only way to stabilise price is to get a mainstream currency Smiley
And I believe we can achieve that, we are growing in numbers and that is what matters now since we are also going up. I should not miss this opportunity to invest for my future cause the moment massive adoption will happen, you know what's next.

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July 10, 2016, 02:19:39 PM
 #384

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 don't think so. I would not bother buying it. What's the use?
If I need to send money quickly to another person maybe.
But, if BTC is not popular, probably there is no online wallet that supports it. So it's useless.
Lol what is the relationship between bitcoin unpopular with an online wallet. one could even say today bicoin not so well known but many online wallet scattered.

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July 10, 2016, 08:10:06 PM
 #385

I just thought about it but... you're taking the problem the wrong way ^^

In fact, to have a stable price, bitcoin would need to be much more popular!
The only way to stabilise price is to get a mainstream currency Smiley
And I believe we can achieve that, we are growing in numbers and that is what matters now since we are also going up. I should not miss this opportunity to invest for my future cause the moment massive adoption will happen, you know what's next.
i dont think we can achieve good bitcoin price,and pretty stable price without many people getting into it.
We need more funds invested in bitcoins,and more trust to it,then we will get price more stable.
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July 12, 2016, 01:51:57 PM
 #386

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
To be honest I do not think that Bitcoin would be as popular because most people use it as an investment first because then they can make money.
If that was not the case and you can only use it as an investment not many people would use it.
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July 12, 2016, 03:57:51 PM
 #387

Short Answer : No

Long Answer: I don’t think it will remain as popular as of now because there is large amount of people who are not investing in bitcoin because of fluctuation in price. In special case if bitcoin price remains the same I think it will attract many enthusiastic people.  So popularity will not decrease or not even remain equal but it will rise (by whatever amount).
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July 12, 2016, 10:29:10 PM
 #388

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
To be honest I do not think that Bitcoin would be as popular because most people use it as an investment first because then they can make money.
If that was not the case and you can only use it as an investment not many people would use it.
Im not sure about if you are right,because you have to remember that most of people are doing anything in the internet,
not really because of getting some fun,but usually to get some profit.
That means they would not let theirself lose a great opportunity to make money,but anyway small btc players get attracted by a price volatility that btc has.
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July 13, 2016, 12:54:56 AM
 #389

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
To be honest I do not think that Bitcoin would be as popular because most people use it as an investment first because then they can make money.
If that was not the case and you can only use it as an investment not many people would use it.

Bitcoin's popularity will stop if the price is going to be stable because that is why many investors are keep on investing in bitcoin because the price is not stable.
And they are earning out of it. But it is good if the price is going to have stable price range.



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July 13, 2016, 04:11:29 AM
 #390

If bitcoin had experienced a stable price it would have been never be so popular as it is now. The reason people love the difference that happens regularly.

You got the main point of why bitcoin is so popular.

Bitcoin will not be popular if the price trend is stable or going down. It is the tremendous price increase that attracts the attention of users. Without price increase bitcoins will be like other cryptocurrencies. DUe to skyrocket price increase recorded in online history many users are taking a shot in bitcoin hoping to earn big money in investing in bitcoins.
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July 13, 2016, 05:41:07 AM
 #391

It would be more popular if the price would be high,lets say $1000 then many people would be interested to bitcoin, if the price would be lower $1 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.

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July 13, 2016, 05:53:01 AM
 #392

It would be more popular if the price would be high,lets say $1000 then many people would be interested to bitcoin, if the price would be lower $1 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.
Yes i would love that bitcoin price reaches 1000$ but become stable after that.Its highly volatile right now and it will only grow but i still want it to be more steady price and i think it will not effect its popularity.
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July 13, 2016, 06:07:16 AM
 #393

It would be more popular if the price would be high,lets say $1000 then many people would be interested to bitcoin, if the price would be lower $1 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.
Yes i would love that bitcoin price reaches 1000$ but become stable after that.Its highly volatile right now and it will only grow but i still want it to be more steady price and i think it will not effect its popularity.
Bitcoin prices experienced moderate volatility during this week. it will be more popular if it remains stable after reaching a good price rather than taking a larger amount of money to push the price in one direction or the other.
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July 13, 2016, 06:42:19 AM
 #394

It would be more popular if the price would be high,lets say $1000 then many people would be interested to bitcoin, if the price would be lower $1 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.
Yes i would love that bitcoin price reaches 1000$ but become stable after that.Its highly volatile right now and it will only grow but i still want it to be more steady price and i think it will not effect its popularity.
Bitcoin prices experienced moderate volatility during this week. it will be more popular if it remains stable after reaching a good price rather than taking a larger amount of money to push the price in one direction or the other.
Yeah it will be more popular but i do not think if there are new users want to invest because the price is stable they can not gain profit on their investment. They will prefer to remain investing in bank than bitcoin that is why it is good for bitcoin the fluctuating of its price, bitcoin can able to motivate more users to invest because of that.
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July 13, 2016, 07:27:25 AM
 #395

It would be more popular if the price would be high,lets say $1000 then many people would be interested to bitcoin, if the price would be lower $1 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.
Yes i would love that bitcoin price reaches 1000$ but become stable after that.Its highly volatile right now and it will only grow but i still want it to be more steady price and i think it will not effect its popularity.
Bitcoin prices experienced moderate volatility during this week. it will be more popular if it remains stable after reaching a good price rather than taking a larger amount of money to push the price in one direction or the other.
Yeah it will be more popular but i do not think if there are new users want to invest because the price is stable they can not gain profit on their investment. They will prefer to remain investing in bank than bitcoin that is why it is good for bitcoin the fluctuating of its price, bitcoin can able to motivate more users to invest because of that.
If you are a business minded person you can still see an opportunity with the stable price, since it is stable and there will be a massive adoption including those huge businesses like merchants so can buy cheap stuffs and resell in your area.

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July 14, 2016, 10:59:49 PM
 #396

No it would be less more popular because this means its not profitable and the bitcoin is popular because its so profitable on a short term due to the instability it has.
I think we never cam far if it was not like it is right now.
Yes, for current state of bitcoin it is good to be unstable but maybe after more popularity stability helps it more.

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July 14, 2016, 11:12:06 PM
 #397

I think that bitcoin is enough popular after halving, many new users came to our community after halving and it's not cause of price, it's cause of hype.

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July 14, 2016, 11:23:07 PM
 #398

Yeah it will be more popular but i do not think if there are new users want to invest because the price is stable they can not gain profit on their investment. They will prefer to remain investing in bank than bitcoin that is why it is good for bitcoin the fluctuating of its price, bitcoin can able to motivate more users to invest because of that.

So you are not looking for other special characteristic of bitcoin and just pointing for the earnings that bitcoin price fluctuation will give?

Even bitcoin will now have a stable price, it's unique compare to other currency in terms of lots of things e.g transactions, fees, confirmation time etc.

Also the one you are talking about the new users will use this currency as a currency since the price now is stable and all they need is a unique way to send and receive money different from the usual one.
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July 14, 2016, 11:32:38 PM
 #399

i think bitcoin would still be popular because of many reasons, first of all it is really easy to use and i think that bitcoin will grow in the future, secondly it is decentralized so a lot of people want to use it

 
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July 15, 2016, 02:06:31 AM
 #400

Yeah it will be more popular but i do not think if there are new users want to invest because the price is stable they can not gain profit on their investment. They will prefer to remain investing in bank than bitcoin that is why it is good for bitcoin the fluctuating of its price, bitcoin can able to motivate more users to invest because of that.

So you are not looking for other special characteristic of bitcoin and just pointing for the earnings that bitcoin price fluctuation will give?

Even bitcoin will now have a stable price, it's unique compare to other currency in terms of lots of things e.g transactions, fees, confirmation time etc.

Also the one you are talking about the new users will use this currency as a currency since the price now is stable and all they need is a unique way to send and receive money different from the usual one.

it may not be discussed every now and then though.  when bitcoin started to reach 700 last month, the rest of the webmasters forum already tried discussing about it and threads about investing to bitcoin were increasing on some forums. if its price will be stable just like xaurum, it may not be talked a lot and we may stop trading on exchanges too.

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