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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
sobsitesearch
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July 15, 2016, 02:40:18 AM
 #401

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.
That is good for us who have already a bitcoin if they increase the amount of investing we can able to earn big profit.
And i think bitcoin would be more popular but i do not think if there is more people would invest because they can not able to gain profit if the price is stable.
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July 16, 2016, 03:50:43 PM
Last edit: July 16, 2016, 06:55:13 PM by deisik
 #402

If Bitcoin had a stable price, it would not be popular among investors. The reason why so much money is being invested into bitcoin is the large price fluctuations, which creates a profit opportunity for speculators. And there are also many people investing in bitcoin because they're expecting that the price will go up significantly, over time

There are long-term investors and short-term investors. And there are day-traders. The first group (and some part of the second) would prefer slow but constant rise to price volatility, while it is only day-traders (a nice and convenient euphemism for profiteers) who do actually enjoy large price fluctuations...

Since they earn both on Bitcoin going up and on Bitcoin going down

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July 16, 2016, 04:33:00 PM
 #403

The stability of Bitcoin's price will help to popularize it without any doubt, but that's depend in the price's value, if it's high enough for people.
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July 16, 2016, 05:51:16 PM
 #404

The stability of Bitcoin's price will help to popularize it without any doubt, but that's depend in the price's value, if it's high enough for people.
The current stability is good. If the price increases and attains a steady price of $1000 and then stabilizes there means it would be more popular.
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July 16, 2016, 06:43:24 PM
 #405

If Bitcoin had a stable price, it would not be popular among investors. The reason why so much money is being invested into bitcoin is the large price fluctuations, which creates a profit opportunity for speculators. And there are also many people investing in bitcoin because they're expecting that the price will go up significantly, over time

There are long-term investors and short-term investors. And there are day-traders. The first group (and some part of the second) would prefer slow but constant rise to price volatility, while it is only day-traders (a nice and convenient euphemism for profiteers) who do actually enjoy large price fluctuations...

Since they earn both on Bitcoin going up and on Bitcoin going down


yeah right traders are making money depends of price increase and price down they are chosing the best time when they are sell their bitcoin and buy new bitcoin when the price is low.. this is a common happen for bitcoin.
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July 16, 2016, 07:50:35 PM
 #406

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.

yeah, people are not putting their money in bitcoin because of the price from the price increase of it, but there are a lot of people who are putting their money in bitcoin and love to transact with bitcoin because with that they can save their money from high fees of other payment processors and for more other benefits like discount at stores.
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July 16, 2016, 07:52:35 PM
 #407

The stability of Bitcoin's price will help to popularize it without any doubt, but that's depend in the price's value, if it's high enough for people.
i doubt that, the fluctuations of the price makes bitcoin way more popular, remember the rise to the new all time high the last time? it attracted a lot of new users to bitcoin

 
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drwtsn32
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July 17, 2016, 06:05:21 AM
 #408

It would still be popular, but not as popular as it is right now.
Because there would be no trading anymore.
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July 17, 2016, 08:08:13 AM
 #409

It would still be popular, but not as popular as it is right now.
Because there would be no trading anymore.
I think you are just thinking about the popularity of bitcoins to the investors or traders, how about the users who just like to transact only and buy some stuffs?

I really think bitcoin will be more popular as it will increase the circulation in the market due to the high demand of supply.

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July 17, 2016, 08:21:01 AM
 #410

It would still be popular, but not as popular as it is right now.
Because there would be no trading anymore.

Yeah that will be happen, if bitcoin really stable in think traders will lose some ways to earn money but still bitcoin would be more popular in that case its because if price will stable the more business sector well trust this because there will nit afraid anymore to its flactuatio, maybe we can see more adoption if that really happens and the bad effect of it is no halving anymore. But over all the way i see on bitcoin price stable is postive.

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July 17, 2016, 09:18:14 AM
 #411

I think if bitcoin has stable price it will still be popular and i think it will more popular if it will happen..
but we are still not so popular almost all countries we are just 5% of people whole world using bitcoin..  so very hard to know if it will popular in every countries..
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July 17, 2016, 09:24:06 AM
 #412

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?
with the way bitcoin have been used I think yes no need for direct info and you can do the transaction, most of the people are looking for just an easy ways of doing a deal and bitcoin is one it the features of just a click away to do a transaction will be popular and as of now people awareness already been established we will expect bitcoin to boom in the next coming years.

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Positid
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July 17, 2016, 10:23:33 AM
 #413

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?
with the way bitcoin have been used I think yes no need for direct info and you can do the transaction, most of the people are looking for just an easy ways of doing a deal and bitcoin is one it the features of just a click away to do a transaction will be popular and as of now people awareness already been established we will expect bitcoin to boom in the next coming years.
Bitcoins bridges the gap of every country because we can easily transact without sharing our personal information, this is why people are patronizing the use of bitcoins as they can easily hide their identity that would lead them to transact safely.

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July 18, 2016, 09:41:34 AM
 #414

It would still be popular, but not as popular as it is right now.
Because there would be no trading anymore.
I do not think that it would be as possible because if the price was stable then you cannot use it as an investment anymore an most people use Bitcoin because of that reason.
So if that was not the case then it would not be as popular as it is right now.
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July 18, 2016, 09:56:14 AM
 #415

It would still be popular, but not as popular as it is right now.
Because there would be no trading anymore.
I do not think that it would be as possible because if the price was stable then you cannot use it as an investment anymore an most people use Bitcoin because of that reason.
So if that was not the case then it would not be as popular as it is right now.

I don' believe that bitcoins stability is going to make it popular. That is why many investors are getting into bitcoins.
It is because of the unstable price and fluctuation that bitcoin is doing.
But we can't tell if there are people who are going to stay if bitcoin is going to have stable price.



.
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[15.00000000 BTC]


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July 18, 2016, 02:52:56 PM
 #416

It would still be popular, but not as popular as it is right now.
Because there would be no trading anymore.
I do not think that it would be as possible because if the price was stable then you cannot use it as an investment anymore an most people use Bitcoin because of that reason.
So if that was not the case then it would not be as popular as it is right now.

I don' believe that bitcoins stability is going to make it popular. That is why many investors are getting into bitcoins.
It is because of the unstable price and fluctuation that bitcoin is doing.
But we can't tell if there are people who are going to stay if bitcoin is going to have stable price.

you are ignoring the fact that bitcoin is not just an investment. it is understandable though, because it is mostly used as an investment when in fact bitcoin is also a currency.

actually one of the bitcoin's main purposes in the beginning was to work as a "p2p cash" so the stability in price is going to help that part of bitcoin a lot and make people and merchants want to use it more.

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July 22, 2016, 07:54:59 AM
 #417

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?
It's still be popular if all people just want to use bitcoin for easy transaction send , receive bitcoin.the bad thing about this if it will happen the ttraders don't want a stable price so subtracted investor will happen and the price of it is so low.and the other remain is the people who want to use bitcoin only for transaction.

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July 23, 2016, 09:28:35 AM
 #418

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?
It's still be popular if all people just want to use bitcoin for easy transaction send , receive bitcoin.the bad thing about this if it will happen the ttraders don't want a stable price so subtracted investor will happen and the price of it is so low.and the other remain is the people who want to use bitcoin only for transaction.
In the future the majority number of users will not be the investors, when bitcoin will be popular that would mean that merchants will adopt and bitcoin will be solely use as payment processor for large volume of adopters with bitcoin.

.
.Duelbits.
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July 23, 2016, 11:33:21 AM
 #419

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?
It's still be popular if all people just want to use bitcoin for easy transaction send , receive bitcoin.the bad thing about this if it will happen the ttraders don't want a stable price so subtracted investor will happen and the price of it is so low.and the other remain is the people who want to use bitcoin only for transaction.
In the future the majority number of users will not be the investors, when bitcoin will be popular that would mean that merchants will adopt and bitcoin will be solely use as payment processor for large volume of adopters with bitcoin.


Well for me bitcoin is a good crypto currency and because of its not stable market price many investors are loving the way it is. So, if bitcoin is going to have a stable price it is not going to be popular as of today. Bitcoin's price is very stable at all but it is going to increase more in the future and I believe that it is possible.



.
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[15.00000000 BTC]


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July 23, 2016, 12:12:52 PM
 #420

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?


It will still be as popular because most people who spend bitcoins do not trade with it for profit. In fact I am not sure lots of people dabble into bitcoin trading as such.
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