bennl
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July 23, 2016, 12:15:13 PM |
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even more because the tust can be higher on a stable rate.
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randy8777
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July 23, 2016, 12:18:45 PM |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
It's still be popular if all people just want to use bitcoin for easy transaction send , receive bitcoin.the bad thing about this if it will happen the ttraders don't want a stable price so subtracted investor will happen and the price of it is so low.and the other remain is the people who want to use bitcoin only for transaction. In the future the majority number of users will not be the investors, when bitcoin will be popular that would mean that merchants will adopt and bitcoin will be solely use as payment processor for large volume of adopters with bitcoin. bitcoin is already popular as its userbase is growing and growing. that aside, having a lot merchants that are accepting bitcoin is great and all, but people are waiting for the day that their local businesses start accepting bitcoin. that's how you get people to spend their coins. also, trading/investing will always be the major aspect of bitcoin. nothing will change that. |
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pearl11
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July 23, 2016, 12:32:57 PM |
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I do not think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore,but if the stable price of it is 2000$ i think more and more people will get involved into it.
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Barbut
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July 23, 2016, 01:17:38 PM |
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Yes it would be popular even more, cause stability attract majority. Not everyone like to risk, especially with money. People like when they can feel safe and secure. Some of us like to risk, but not all of us are like that, and cause of that I believe stability more attract then refuse people.
How we imagine bitcoin to grow and become popular without stability, how we imagine some big companies to adopt btc and start giving salaries to people if they don`t feel safe with bitcoin.
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mastica
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July 23, 2016, 01:52:47 PM |
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If the price of bitcoin were similiar gold, with lower volatility we would for sure had much more people using it. But several people get inside bitcoin because its huge volatility.
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umaOuma
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July 23, 2016, 01:56:29 PM |
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If the price of bitcoin were similiar gold, with lower volatility we would for sure had much more people using it. But several people get inside bitcoin because its huge volatility.
Traders will never prefer stable price as it will take away their profits, but a normal users who are willing to invest their money in bitcoin would be satisfied with price stability. |
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ASHLIUSZ
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July 23, 2016, 02:06:09 PM |
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I do not 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,but if the stable price of it is 2000$ i think more and more people will get involved into it.
It is not that altcoin to meet a sudden rise. The price of 1 bitcoin is $660 today, we are in a satisfied price level now and hope the price will increase further. We will reach $2000 in next year. |
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geopolisch
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July 23, 2016, 02:25:53 PM |
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I do not think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore,but if the stable price of it is 2000$ i think more and more people will get involved into it.
Well, bitcoin don't need 2000$ price to become more and more popular. it is getting more and more popularity everyday even the price is much less then 2000$. and the popularity was too much when the price was only 200$ and increasing constantly from that time. so bitcoin will be still popular if the price stable between 500 to 700 just like what it is right now. |
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avikz
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July 23, 2016, 03:56:54 PM |
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That's a valid question. I think the magic lies within the price dynamics. If bitcoin had a stable price then it would not become an attractive investment option.
The dynamic price is the main attraction to the trader and it gives an unique opportunity to the investors as well. I personally would not trade bitcoin if it had a stable price. The price dynamics brings the opportunity for trading.
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Kelarid
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July 23, 2016, 06:09:50 PM |
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If the bitcoin has a stable price, its price will be very very high. As more people will use it as a currency, so the value will increase.
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useless4
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July 23, 2016, 07:43:35 PM |
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If the bitcoin has a stable price, its price will be very very high. As more people will use it as a currency, so the value will increase.
well of course that is right, in my opinion people would still use it a lot and i think that the price will surely going to grow a lot in the near future |
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Akupuniard
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July 23, 2016, 10:22:31 PM |
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Price is stable right now, i can's see any major changing for two weeks, but maybe it's just a calm before the storm cause people talking that next month price should drop.
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deisik
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July 23, 2016, 10:53:35 PM |
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Price is stable right now, i can's see any major changing for two weeks, but maybe it's just a calm before the storm cause people talking that next month price should drop It won't necessarily drop next month, but you can rest assured that the longer the price remains stable, the stronger will be the next move. Statistically, with each day passing by, we are nearing that break-away point... Though it is not very intuitive, of course |
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Xester
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July 24, 2016, 04:02:57 AM |
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I believe that stability comes hand in hand with the amount of trust people would put into a currency. The more it is trusted, the more people will use it. Because in the minds of ordinary consumers, stability is what matters most.
Yes you are perfectly correct. If bitcoins price value will go stable then probably that is the time when more people are going to patronage bitcoin in the online market and physical market. But given the nature of bitcoins and its limited supply the only way to make its price stable is to set it to 1 billion dollars then there will be no more shortage. |
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electronicash
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July 24, 2016, 04:18:20 AM |
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Stability may not help the popularity. come to think of the coin Xaurum which its value is almost $500, the price don't move much a day and that makes users back away for trading with a coin which the market price don't fluctuate much means lesser trading profit.
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Hatuferu
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July 24, 2016, 04:19:10 AM |
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I believe that stability comes hand in hand with the amount of trust people would put into a currency. The more it is trusted, the more people will use it. Because in the minds of ordinary consumers, stability is what matters most.
Yes you are perfectly correct. If bitcoins price value will go stable then probably that is the time when more people are going to patronage bitcoin in the online market and physical market. But given the nature of bitcoins and its limited supply the only way to make its price stable is to set it to 1 billion dollars then there will be no more shortage. Shortage will always happen when the demand is really high and that is good with bitcoin as there is no inflation unlike with FIAT. We should always believe in the future of bitcoin that people will eventually adopt with continues education of bitcoins. When that happens we can see a stable price and merchants will love bitcoin as well. |
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gilangIDR
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July 24, 2016, 04:28:22 AM |
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Stability may not help the popularity. come to think of the coin Xaurum which its value is almost $500, the price don't move much a day and that makes users back away for trading with a coin which the market price don't fluctuate much means lesser trading profit.
yes i agree with you. even the prices are unstable even became a favorite with many people. especially for traders who actually wanted the price of bitcoin is always changing to extremes every time. |
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Zedpust
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July 25, 2016, 03:27:49 PM |
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If the bitcoin price is as stable as the US dollar, it will be very popular and the price will be over many thousands.
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michietn94
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July 25, 2016, 03:35:23 PM |
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When bitcoin value still half from current value, bitcoin already popular since it ever reach 2011 but ofcourse , it not as popular as gold.
But if we seeing now, bitcoin keep stable on $ 650 ++ I can guess that bitcoin more getting popular
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oHnK
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July 25, 2016, 05:17:39 PM |
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When bitcoin value still half from current value, bitcoin already popular since it ever reach 2011 but ofcourse , it not as popular as gold.
But if we seeing now, bitcoin keep stable on $ 650 ++ I can guess that bitcoin more getting popular
It wont be stable and bitcoin should not be compared with gold. Compared to gold, bitcoin only has been known for less than 10 years while gold has been known for thousand of years therefore the price of gold is literally stable compared to bitcoin however bitcoin could be stable as well if it has been known for longer period |
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