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valta4065
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August 04, 2016, 01:42:59 PM |
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The big problem of the instability though is the number of people afraid of it.
This is why no one is "all in" in btc.
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agustina2
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Activity: 2436
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August 04, 2016, 02:05:34 PM |
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The big problem of the instability though is the number of people afraid of it.
This is why no one is "all in" in btc.
No. It's not like that in my own point of view. And besides average bitcoiner will surely goes for not putting all eggs in bitcoin since they have other things to deal with to support their daily life. It's not that they are afraid, they are going in a way of minimizing the risk. |
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Positid
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BULL RUN until 2030
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August 04, 2016, 02:14:40 PM |
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The big problem of the instability though is the number of people afraid of it.
This is why no one is "all in" in btc.
No. It's not like that in my own point of view. And besides average bitcoiner will surely goes for not putting all eggs in bitcoin since they have other things to deal with to support their daily life. It's not that they are afraid, they are going in a way of minimizing the risk. Of course, who says we are all living and relying on bitcoin, we also have our real life venture and we know how risky to rely on bitcoins alone. The amount we put in bitcoin is just the amount we can afford to lose because the reward is so big which means the risk is also bigger. |
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drwtsn32
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August 04, 2016, 02:16:20 PM |
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There is no such currency that is stable and popular.
I know fiat is stable and popular, but it is "fiat".
Without fiat, we have nothing to rely on.
Without bitcoin, we still have fiat.
So bitcoin will collapse if it becomes stable.
..in my opinion.
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Intristing
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August 05, 2016, 01:00:24 PM |
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There is no such currency that is stable and popular.
I know fiat is stable and popular, but it is "fiat".
Without fiat, we have nothing to rely on.
Without bitcoin, we still have fiat.
So bitcoin will collapse if it becomes stable.
..in my opinion.
The stability is all relative. If the price of bitcoin does not rise and drop more than 10% a week, it is stable. |
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Superbitzz
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August 05, 2016, 04:53:51 PM |
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in fact the popularity of bitcoin is depending on the stability of the price of bitcoin, if the price of bitcoin remain stable then people will get confidence and they will invest their assets in bitcoin, and they will also prefer trading in bitcoin, they will also use bitcoin for buying ans selling stuffs, as a fiat currency, so we can say that for the popularity of bitcoin is is so important that the price of bitcoin must be stable.
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Backside walkaround
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August 05, 2016, 05:10:58 PM |
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The USD only varies a small amount per year, whatever the inflation rate is or the exchange rate. It still is popular. Same thing with gold as an investment. People love it. Bitcoin might not be as popular but it would certainly still get used.
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If the original Backside walkaround can prove to me they are the old owner of this account, I can update the email address to the email address of their choosing.
Backside walkaround has lost access to their account as they used someone else's email address to sign up, and the owner of the email address got tired of random email notifications from this site after a few months and reset the password.
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YTBitcoin
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August 05, 2016, 05:48:13 PM |
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trading is the most important and profitable way to make money online but yes if the price becames very kuch stable then also i would love bitcoin because it has so many features like anonymous and instant transaction to worldwide
I was also thinking the same, and we can say that bitcoin is a currency, it is not the feature of a currency that it will surely give profit to traders, I love bitcoin not because with trade it have a lot of profit because of its fluctuations, but I love bitcoin because it has a lot of opportunities on internet to earn money from different ways, like from ad network we can earn the same bigger amount with our blogs which we were earning with google adsense. |
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Zedpust
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August 07, 2016, 07:21:34 AM |
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The USD only varies a small amount per year, whatever the inflation rate is or the exchange rate. It still is popular. Same thing with gold as an investment. People love it. Bitcoin might not be as popular but it would certainly still get used.
The market cap of the bitcoin is still too small and it is easy to manipulate the price. When bitcoin is used more, it will be more stable. |
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BlackPanda
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August 07, 2016, 07:29:55 AM |
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trading is the most important and profitable way to make money online but yes if the price becames very kuch stable then also i would love bitcoin because it has so many features like anonymous and instant transaction to worldwide
yes bitcoin will be very popular. bitcoin with the situation can be very widely used by various parties. but when it happens it is the traders who are disadvantaged. as traders will be difficult to get a big profit when the price of bitcoin very stable. |
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Betwrong
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I stand with Ukraine.
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August 07, 2016, 07:58:22 AM |
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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?
I'd say "Why wouldn't it?" A lot of people afraid of using Bitcoin exactly because of the high volatility of its price. If the price becomes stable I think more people will be using Bitcoin. |
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Dux2K
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Blocklancer - Freelance on the Blockchain
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August 07, 2016, 08:23:35 AM |
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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?
I'd say "Why wouldn't it?" A lot of people afraid of using Bitcoin exactly because of the high volatility of its price. If the price becomes stable I think more people will be using Bitcoin. possible but most see btc as something else and companies are little defensive not to mention banks if that happens that won't be good bank will control it from sure |
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Intristing
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August 09, 2016, 05:33:32 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?
I'd say "Why wouldn't it?" A lot of people afraid of using Bitcoin exactly because of the high volatility of its price. If the price becomes stable I think more people will be using Bitcoin. stability is most important for the bitcoin to be used as a currency. Maybe after the market cap is larger, it will be more stable. |
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deisik
Legendary
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Activity: 3458
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English ⬄ Russian Translation Services
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August 09, 2016, 05:42:49 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?
I'd say "Why wouldn't it?" A lot of people afraid of using Bitcoin exactly because of the high volatility of its price. If the price becomes stable I think more people will be using Bitcoin. stability is most important for the bitcoin to be used as a currency. Maybe after the market cap is larger, it will be more stable. It won't for rather trivial reasons. The Bitcoin market cap is equal to the number of coins multiplied by the price of a coin. If the price of Bitcoin grows, its volatility increases as well (this is a given). But volatility is the opposite of stability. The recent price swings only confirm what simple arithmetics dictates... Even if we exclude the effects of the recent Bitfinex hack |
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secone
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August 09, 2016, 05:46:20 PM |
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I thought, yeah it will become more popular. because maybe some companies or banks will be interested in bitcoin, if have a stable price. because of fluctuations in these prices could be detrimental to them. but it is very beneficial for the users bitcoin.
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Xester
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August 10, 2016, 08:47:00 AM |
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I thought, yeah it will become more popular. because maybe some companies or banks will be interested in bitcoin, if have a stable price. because of fluctuations in these prices could be detrimental to them. but it is very beneficial for the users bitcoin.
Yes its price will be more stable if it became more popular. Many people will be aware of the existence of bitcoin and its uses like money can do. And if that happens then everyone will be interested. Then the demand would be huge and it will have a stable price since many would want to invest on it. |
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Intristing
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August 11, 2016, 04:22:00 PM |
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I thought, yeah it will become more popular. because maybe some companies or banks will be interested in bitcoin, if have a stable price. because of fluctuations in these prices could be detrimental to them. but it is very beneficial for the users bitcoin.
Yes its price will be more stable if it became more popular. Many people will be aware of the existence of bitcoin and its uses like money can do. And if that happens then everyone will be interested. Then the demand would be huge and it will have a stable price since many would want to invest on it. I expect the bitcoin to be much higher if the price is stable. I mean the volatility is low and there is no big price bubble. |
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deisik
Legendary
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August 11, 2016, 04:48:25 PM
Last edit: August 11, 2016, 05:12:11 PM by deisik |
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I thought, yeah it will become more popular. because maybe some companies or banks will be interested in bitcoin, if have a stable price. because of fluctuations in these prices could be detrimental to them. but it is very beneficial for the users bitcoin.
Yes its price will be more stable if it became more popular. Many people will be aware of the existence of bitcoin and its uses like money can do. And if that happens then everyone will be interested. Then the demand would be huge and it will have a stable price since many would want to invest on it. I expect the bitcoin to be much higher if the price is stable. I mean the volatility is low and there is no big price bubble. Most certainly you expect in vain. But you are not alone, if that makes your disappointment somewhat less severe. In fact, to expect something out of nothing is the most popular form of expectation... The higher the price, the higher the volatility. Bitcoin law #1 |
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Intristing
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August 14, 2016, 07:04:47 AM |
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I thought, yeah it will become more popular. because maybe some companies or banks will be interested in bitcoin, if have a stable price. because of fluctuations in these prices could be detrimental to them. but it is very beneficial for the users bitcoin.
Yes its price will be more stable if it became more popular. Many people will be aware of the existence of bitcoin and its uses like money can do. And if that happens then everyone will be interested. Then the demand would be huge and it will have a stable price since many would want to invest on it. I expect the bitcoin to be much higher if the price is stable. I mean the volatility is low and there is no big price bubble. Most certainly you expect in vain. But you are not alone, if that makes your disappointment somewhat less severe. In fact, to expect something out of nothing is the most popular form of expectation... The higher the price, the higher the volatility. Bitcoin law #1 At this stage of the bitcoin development, the price will be volatile as the market cap is too small. But in the future, it will be more stable. |
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deisik
Legendary
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Activity: 3458
Merit: 1280
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August 14, 2016, 09:13:53 AM |
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I thought, yeah it will become more popular. because maybe some companies or banks will be interested in bitcoin, if have a stable price. because of fluctuations in these prices could be detrimental to them. but it is very beneficial for the users bitcoin.
Yes its price will be more stable if it became more popular. Many people will be aware of the existence of bitcoin and its uses like money can do. And if that happens then everyone will be interested. Then the demand would be huge and it will have a stable price since many would want to invest on it. I expect the bitcoin to be much higher if the price is stable. I mean the volatility is low and there is no big price bubble. Most certainly you expect in vain. But you are not alone, if that makes your disappointment somewhat less severe. In fact, to expect something out of nothing is the most popular form of expectation... The higher the price, the higher the volatility. Bitcoin law #1 At this stage of the bitcoin development, the price will be volatile as the market cap is too small. But in the future, it will be more stable. This is one of the most common misconceptions that is widespread among Bitcoin users here (another one is that gold is less profitable than Bitcoin). Could you please explain why you think that Bitcoin will be more stable if its market cap grows, say, tenfold? I'm really fascinated how people stubbornly continue to repeat one folly after another... As if they had no brains of their own |
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