If Bitcoin had a stable price, would it still be as popular?

[milewilda]

I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.

I think because it has a stable price then bitcoin become popular, if the price movement is moving too fast then people will confuse, the coin with high price movement is more suitable for trading not for investment, because of the bitcoin price stability most of the people used it for investment and because of this, bitcoin is gaining more popularity

Bitcoins volatility  makes it popular because  many would like to do trading  with  the unstable price and  some investors  also like it  because  they believe the potential of bitcoin in the future and mostly of them are huge investors. If bitcoins price would be stable then  it would be still popular but the hype would be lost indeed. Just saying my opinion.

[TheUltraElite]

The reason people like to trade on btc is the volatile nature of btc and if it had a stable price I dont think it would be that popular. However I still doubt the popularity of bitcoin because none of the people less developed countries know anything about blockchain or bitcoin. I think bitcoin has not been accepted widely yet and it still needs development in this sphere. If almost every country would start to buy and sell bitcoin then volatility would be even more.

[deisik]

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.

yeah the future prices will be more stable because many users have begun and rapid price movements such fluctuations will continue to be reduced in accordance with the increase in users. I do not know when to expect stable prices. but I will not know is it will still bitcoin popular or not if have stable price

You (and those like you) seem not to understand that you can't eat your cake and have it (in its original form, indeed). Given that the supply of new coins is limited (add to this the normal wastage due to coins being regularly and irretrievably lost) and will be yet more limited in the future (due to halvings), the new users will make do with lesser amount of coins. This would naturally lead to higher prices (there seems to be consensus about it) and higher market cap (1st grade arithmetic), but this also means that lesser amount of coins will be needed to move the price...

Which would essentially mean a surge in volatility

[pearnapple]

I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.

in my opinion the price of the bitcoin and its instability is really great, i think it attracts a lot of traders to bitcoin so the currency actually grows

[jvper]

I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.

in my opinion the price of the bitcoin and its instability is really great, i think it attracts a lot of traders to bitcoin so the currency actually grows

I believe traders could benefit even more in case of a lower volatility, such as they do with AAPL stocks.

[satmas]

Yes, Bitcoin would still be popular, no longer have to worry about some random pump-dump group and having to worry about when to jump into Bitcoin.

[Zadicar]

I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.

I think because it has a stable price then bitcoin become popular, if the price movement is moving too fast then people will confuse, the coin with high price movement is more suitable for trading not for investment, because of the bitcoin price stability most of the people used it for investment and because of this, bitcoin is gaining more popularity

Bitcoins volatility  makes it popular because  many would like to do trading  with  the unstable price and  some investors  also like it  because  they believe the potential of bitcoin in the future and mostly of them are huge investors. If bitcoins price would be stable then  it would be still popular but the hype would be lost indeed. Just saying my opinion.

You have a point though, same as  i thinking that bitcoin is popular because of its unstable price which also loves  by investors because they believe on bitcoins price increase in the  future. As op mentioned if bitcoins price would stable to $0.05/btc then  it might be the end  of era  of bitcoin because there might be a new coin existed on that time and people would love to switch to a new better value coin.

[vasrasus]

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.

True. The popularity of bitcoin is not much seen due to its not yet used in different or lot of shops but if it once got a big news or having big partners and big value currency too then it probably boost without us noticing it that it became popular more than we imagine it now. 

[Ziskinberg]

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.

True. The popularity of bitcoin is not much seen due to its not yet used in different or lot of shops but if it once got a big news or having big partners and big value currency too then it probably boost without us noticing it that it became popular more than we imagine it now. 

Therefore we need to wait for more time to see that happen, we are in the early stage so it is just a normal situation. There is no sense to rush when what we are seeing is that the market of bitcoin is growing and it is becoming more popular.

[20kevin20]

I think Bitcoin will keep being as popular as it is as soon as the price will continue to increase or will at least stay above $500. Soon, I guess we'll see a great increase.

[ajun96]

I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.

I think if prices become stable bitcoin what's the difference with gold? Gold is a safe investment because the price is fairly stable?
but I think most users prefer bitcoin than gold because they want to benefit quickly from fluctuations? then if price of bitcoin became stable. what would we expect ?

[Danielzo]

I believe that if bitcoin would have had a stable price at the beginning, it would not have been this popular, but more stability now in terms of massive fluctuation may do the coin some good.

[noormcs5]

I believe that if bitcoin would have had a stable price at the beginning, it would not have been this popular, but more stability now in terms of massive fluctuation may do the coin some good.

Right, because Bitcoin is not made for stable price, bitcoin is popular because of his crypto currency, if it will not crypto, so who use it to make profit. You and me use it because its price give us profit.

[Positid]

I believe that if bitcoin would have had a stable price at the beginning, it would not have been this popular, but more stability now in terms of massive fluctuation may do the coin some good.

Right, because Bitcoin is not made for stable price, bitcoin is popular because of his crypto currency, if it will not crypto, so who use it to make profit. You and me use it because its price give us profit.

The time tells why the price of bitcoin is still unstable and that is normal for now since we are still in the early phase and there is no equal holding of bitcoins yet, in the future when more people will adopt that would be the time to see some stable price as the majority will be voice then.

[Carlsen]

But a stable price would have advantages as well.
Especially when you want to have it as a payment option in shops.
With a stable price you can calculate and you do not have to worry that the coin price could fall and you lose money that way.
If bitcoin would be implemented in more shops, the popularity would rise too.

[ontrackk]

I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.

well of course it would be really good, more people would be willing to put their money into bitcoins if they knew that they are not going to lose anything

[bit1]

I believe that if bitcoin would have had a stable price at the beginning, it would not have been this popular, but more stability now in terms of massive fluctuation may do the coin some good.

Right, because Bitcoin is not made for stable price, bitcoin is popular because of his crypto currency, if it will not crypto, so who use it to make profit. You and me use it because its price give us profit.

Yes, it is not stable and precisely due to its low supply, however handle a stable price it has nothing to do with this is popular or not, perhaps it is the other way, people are interested because of the potential that it has.

[bryant.coleman]

I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.

well of course it would be really good, more people would be willing to put their money into bitcoins if they knew that they are not going to lose anything

There is no such thing. There is not a single investment asset in this world, which guarantees profit 100% of the time. Gold, silver, platinum, treasury bonds, equities, mutual funds, real estate.... all of them can give you a net loss, if something goes wrong. The same with Bitcoin as well. So be ready to take the risk, and you will be rewarded in the end.

[utkarshm]

I do not think it will make any effect on the popularity of bitcoin if its stable or volatile.Because bitcoin is famous and very useful because of its other important features and that are completely diffetent from fiat currency which makes bitcoin popular.

[outatime1]

If the price were stable, I would expect that it would be more accepted by people as a stable store of value. However, It may not be used as a long term investment because there would be little potential for gain.