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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
just_Alice
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August 14, 2016, 09:30:57 AM
 #501

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
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August 14, 2016, 09:54:24 AM
 #502

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it.

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August 14, 2016, 10:59:52 AM
 #503

I agree that quite a lot of peole try making profits off it's fluctuating price or even hope for it to go to $ 3000 but it doesn't exclude the fact that a lot of peole are fascinated by the possibilities it offers and the main principle which is being able to transfer big amounts of money without having to use a bank or a middle man where also you have to pay the fees.So yes it would still be popular.

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August 14, 2016, 11:16:56 AM
 #504

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it.
As of now bitcoins price is  volatile and its also a good source of income for some or even to those big investors out there. When the time comes that bitcoin would stable its price then it would be  still popular since  it has advantages of transfering fund to another person without  having a big transaction fee.

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August 14, 2016, 11:34:41 AM
 #505

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it.
As of now bitcoins price is  volatile and its also a good source of income for some or even to those big investors out there. When the time comes that bitcoin would stable its price then it would be  still popular since  it has advantages of transfering fund to another person without  having a big transaction fee.

People who wants to enter into bitcoin will surely love the stable price as it will give them a felling of trust to invest in it but traders will not like stable price for sure.
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August 14, 2016, 12:44:01 PM
 #506

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it.
As of now bitcoins price is  volatile and its also a good source of income for some or even to those big investors out there. When the time comes that bitcoin would stable its price then it would be  still popular since  it has advantages of transfering fund to another person without  having a big transaction fee.

People who wants to enter into bitcoin will surely love the stable price as it will give them a felling of trust to invest in it but traders will not like stable price for sure.
It's true and I believe we can see a stable price in the future and that is when the investors will come in. This time, since we are in the early phase, we have to do the right thing which is to invest and when the price will be stable it's time to sell our bitcoins for profit. Early adopters should be rewarded.

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August 14, 2016, 12:48:49 PM
 #507

Nope. But it would be safer than what it is now. Nobody likes to lose money when they were sleeping. (They like to make money though:)) Those  instant pumps and dumps  attracts gamblers and that's why bitcoin became more popular than anything else. People always think that they will win, they never consider of losing money. So many bought bitcoin with the same thoughts when the price was 1000$ and where are they now?

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August 14, 2016, 01:17:02 PM
 #508

Nope. But it would be safer than what it is now. Nobody likes to lose money when they were sleeping. (They like to make money though:)) Those  instant pumps and dumps  attracts gamblers and that's why bitcoin became more popular than anything else. People always think that they will win, they never consider of losing money. So many bought bitcoin with the same thoughts when the price was 1000$ and where are they now?

It would be more widely used by merchants if its price was more consistent and volatility less severe. Isn't that what Bitcoin was meant to be? That is, to be a means of payment, a currency in its own right...

But not a vehicle for speculation and a handy device for scamming

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August 14, 2016, 01:46:44 PM
 #509

Nope. But it would be safer than what it is now. Nobody likes to lose money when they were sleeping. (They like to make money though:)) Those  instant pumps and dumps  attracts gamblers and that's why bitcoin became more popular than anything else. People always think that they will win, they never consider of losing money. So many bought bitcoin with the same thoughts when the price was 1000$ and where are they now?

Exactly, bitcoin became famous because of it's characteristic for being a unstable crypto currency that has always fluctuation to its price. It is just going to be the same with fiat money if it is going to have stable price and the people are going use fiat money rather than bitcoin if that happens because they are going to trust more to fiat.

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August 14, 2016, 02:10:10 PM
 #510

Nope. But it would be safer than what it is now. Nobody likes to lose money when they were sleeping. (They like to make money though:)) Those  instant pumps and dumps  attracts gamblers and that's why bitcoin became more popular than anything else. People always think that they will win, they never consider of losing money. So many bought bitcoin with the same thoughts when the price was 1000$ and where are they now?

I think the real investor will prefer Stable bitcoin prices. Its only the short term investor who want high Pump and dump in the prices to gain short term profits.
I think it is also better for bitcoin Community to have a stable bitcoin price.
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August 14, 2016, 03:55:52 PM
 #511

Nope. But it would be safer than what it is now. Nobody likes to lose money when they were sleeping. (They like to make money though:)) Those  instant pumps and dumps  attracts gamblers and that's why bitcoin became more popular than anything else. People always think that they will win, they never consider of losing money. So many bought bitcoin with the same thoughts when the price was 1000$ and where are they now?

I think the real investor will prefer Stable bitcoin prices. Its only the short term investor who want high Pump and dump in the prices to gain short term profits.
I think it is also better for bitcoin Community to have a stable bitcoin price.
yeah I think investors would prefer something that has a low risk but has great potential. stable prices will have a lower risk Compared with price fluctuations. so I think bitcoin will Werner popular even if prices Stabilize ? its just my predictions
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August 14, 2016, 04:41:14 PM
 #512

Nope. But it would be safer than what it is now. Nobody likes to lose money when they were sleeping. (They like to make money though:)) Those  instant pumps and dumps  attracts gamblers and that's why bitcoin became more popular than anything else. People always think that they will win, they never consider of losing money. So many bought bitcoin with the same thoughts when the price was 1000$ and where are they now?

I think the real investor will prefer Stable bitcoin prices. Its only the short term investor who want high Pump and dump in the prices to gain short term profits.
I think it is also better for bitcoin Community to have a stable bitcoin price.
yeah I think investors would prefer something that has a low risk but has great potential. stable prices will have a lower risk Compared with price fluctuations. so I think bitcoin will Werner popular even if prices Stabilize ? its just my predictions

good investors like volatility too, they love to see price go up and down a lot. if price goes down $50 it means they can buy that thing for $50 lower the market value and the after the rise sell it for a lot of profit.


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August 14, 2016, 04:46:08 PM
 #513

Nope. But it would be safer than what it is now. Nobody likes to lose money when they were sleeping. (They like to make money though:)) Those  instant pumps and dumps  attracts gamblers and that's why bitcoin became more popular than anything else. People always think that they will win, they never consider of losing money. So many bought bitcoin with the same thoughts when the price was 1000$ and where are they now?

Exactly, bitcoin became famous because of it's characteristic for being a unstable crypto currency that has always fluctuation to its price. It is just going to be the same with fiat money if it is going to have stable price and the people are going use fiat money rather than bitcoin if that happens because they are going to trust more to fiat.
In many stock markets there is a threshold for changing prices, maybe if bitcoin has something like this threshold so price cannot drop a lot in one day it is fine. Some fast fluctuations are not fine for bitcoin.

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August 14, 2016, 05:34:45 PM
 #514

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
There's no way bitcoin could only be altered by $0.1-0.10 because many people used it and no limit for currency exchange. The value of bitcoin keep fluctuate and it won't stable anytime soon, we always want the value rise. Bitcoin is the future currency, people worldwide will know and use it, that's time bitcoin could have stable price.
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August 14, 2016, 06:00:26 PM
 #515

if bitcoin price can be stable i think it is opportunity for to populer bitcoin in exchange sector we can sent money transver and we can use it many areas like dollar or euro but I am unlikely to be it because every hour bitcoin is having new users and the users use bitcoin too, it means bitcoin price cant be stable  if there is a chanse for to be stable bitcoin will be populer too.
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August 14, 2016, 06:15:15 PM
 #516

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it.
As of now bitcoins price is  volatile and its also a good source of income for some or even to those big investors out there. When the time comes that bitcoin would stable its price then it would be  still popular since  it has advantages of transfering fund to another person without  having a big transaction fee.

People who wants to enter into bitcoin will surely love the stable price as it will give them a felling of trust to invest in it but traders will not like stable price for sure.
i personally dont like the stable price as it is really boring for me, in my opinion the price fluctuations might give me some serious profit with trading

 
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August 14, 2016, 07:47:51 PM
 #517

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it.
but why will the invisitors invest money if the price of bitcoin remain stable and there is negligible ups and down in the price of bitcoin, i think they will never like to wast their time just investing in such thing where they have no such profit,
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August 14, 2016, 09:35:58 PM
 #518

At my opinion bitcoin will never had a stable price, cause bitcoin is limited currency and also it's can't be controled by any goverment, so price is unpredictable.

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August 14, 2016, 09:51:29 PM
 #519

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it.
As of now bitcoins price is  volatile and its also a good source of income for some or even to those big investors out there. When the time comes that bitcoin would stable its price then it would be  still popular since  it has advantages of transfering fund to another person without  having a big transaction fee.

People who wants to enter into bitcoin will surely love the stable price as it will give them a felling of trust to invest in it but traders will not like stable price for sure.
i personally dont like the stable price as it is really boring for me, in my opinion the price fluctuations might give me some serious profit with trading
nope i think it would not be boring. You can still do mining safer and the risk would be smaller? Of course you also need a substantial capital for this

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August 14, 2016, 10:40:35 PM
 #520

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.
Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it.
As of now bitcoins price is  volatile and its also a good source of income for some or even to those big investors out there. When the time comes that bitcoin would stable its price then it would be  still popular since  it has advantages of transfering fund to another person without  having a big transaction fee.

People who wants to enter into bitcoin will surely love the stable price as it will give them a felling of trust to invest in it but traders will not like stable price for sure.
i personally dont like the stable price as it is really boring for me, in my opinion the price fluctuations might give me some serious profit with trading
nope i think it would not be boring. You can still do mining safer and the risk would be smaller? Of course you also need a substantial capital for this
Mining would be safer overall, however you're still being forced to assume that the value increases directly proportional to the halvings and when they occur (meaning the value doubles roughly every 4 years). The investment risk would also be smaller, but that would turn off a lot of people who enjoy high-risk investments and volatility from investing and they would go elsewhere. This means that there would be less capital involved, and if the market was to become stable, chances are it would be at a considerably lower value than it is today.
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