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August 28, 2016, 09:45:32 PM |
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If the price of bitcoin will be stable then yes it will be more popular as then more people will put their money into bitcoin and will completely believe and rely for their money to save in bitcoin wallet and will not have any fear of losing their money with volatility.
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e1e
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August 28, 2016, 10:19:25 PM |
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i think that it would surely be popular because people would like it
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Bitcotalk
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August 28, 2016, 10:25:47 PM |
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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.
You are right people like bitcoin in every situation, when the price come to stability then they invest for their businesses and when fluctuations start in there then people start trading with that currency, we all have benefits for us in this currency.
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uname
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August 28, 2016, 10:39:27 PM |
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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.
of course the price changes that become stable bitcoin will make an effect on bitcoin. I am sure of it. perhaps the effect is the popularity of bitcoin will decrease. because most users are trader
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PsursV
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August 28, 2016, 10:44:21 PM |
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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.
yes i am also agree with you. if the price of bitcoin remain stable i think more people will become confident to invest in bitcoin. i think if the price of bitcon remain stale its popularity will really increase too much.
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xht
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August 28, 2016, 10:47:02 PM |
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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.
I guess bitcoin would be more famous if bitcoin prices stable as other currencies that can attract believers to use bitcoin.
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diodio5
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August 29, 2016, 12:24:04 PM |
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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.
nope i think bitcoin will be more popular when bitcoin have fluctuating prices. you can see the volume in each exchange can rise so high that more than 3000 BTC played each day in an exchange when the price movement is very fast (volatile)
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Jeraerid
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August 29, 2016, 12:26:16 PM |
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If bitcoin has a stable price around 1000$ it will become more popular but if the price has fall down to less than 1 $ i think everybody will try to look for another coin to replace bitcoin
This is what is very wrong with these people. If you are here because of greed (i.e. wanting to profit), then you're most definitely here for the wrong reasons. 1 BTC will always be equal to 1 BTC. It would be used more as a real payment method than it is now.
I concur. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin.
To elaborate: We are talking about people that are considered 'sheep' (both ignorant and stupid). They don't even know where their precious fiat comes from nor how it all works, yet they keep using it. There is just one thing that the bitcoin cannot have and that is a stable price because why would people invest into something that cant rise? That is the biggest question you all need to answere right now. If you cant you are not able to use the bitcoin because you are to stupid of it
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dragunfly
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August 29, 2016, 04:29:57 PM |
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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.
well yeah more people would be into bitcoins for sure if the price was ore stable than it is now though it would be harder to make money with it
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Maesters1-
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August 29, 2016, 06:27:16 PM |
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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.
yes it is a fact but i think if the price of bitcoin remain stable for a long time people will invest here for trading as well as for using it, for buying and selling in their local markets. then people will use bitcoin instead of local currency because price is equal in all over the world. it will be more more profitable as there is no tax on it and is more convenient because it has equal value all over the world.
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harizen
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August 29, 2016, 06:39:35 PM |
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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.
Agree with the first part of your statement as most of the merchants really care for the bitcoin price's price volatility. That is one of the main factor they are considering before accepting bitcoin as one of their payment method. But Im disagree with the last part of your post. Ever wondered why fiat trades are active today even with the stable price? Even with stable price, bitcoin as part of the exchanges trade is profitable for a long term.
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August 29, 2016, 06:49:13 PM |
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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.
Agree with the first part of your statement as most of the merchants really care for the bitcoin price's price volatility. That is one of the main factor they are considering before accepting bitcoin as one of their payment method. But Im disagree with the last part of your post. Ever wondered why fiat trades are active today even with the stable price? Even with stable price, bitcoin as part of the exchanges trade is profitable for a long term. In fact, the previous poster is correct (at least, to a certain extent). You obviously forget that there are a lot of multi-tier derivative instruments which give you any level of volatility (profit potential) that you may ever look for even if the underlying is rock-stable and its price doesn't budge an inch in a month. Something which Bitcoin lacks completely. Are there Bitcoin futures or options being traded anywhere? And I'm not even mentioning that these instruments (including asset bases) are usually traded on higher margins than Bitcoin
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socks435
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August 29, 2016, 06:49:43 PM |
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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.
yes it is a fact but i think if the price of bitcoin remain stable for a long time people will invest here for trading as well as for using it, for buying and selling in their local markets. then people will use bitcoin instead of local currency because price is equal in all over the world. it will be more more profitable as there is no tax on it and is more convenient because it has equal value all over the world. I think if all local stores are accepting bitcoin i think government will trigger to add some taxes for bitcoin we know that almost all government are greedy and corrupt..
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Lombard
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August 29, 2016, 07:18:38 PM |
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i think that it would surely be popular because people would like it
of course people would still like it, people usually like stability
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PacePay
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August 29, 2016, 07:24:19 PM |
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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.
You are right, but the stability and volatility also have a very good effect on bitcoin, like in this year a large number of people join the community of bitcoin because of the news that the price of bitcoin will increase higher.
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AndySt
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August 29, 2016, 07:26:37 PM |
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It is not the fact because stability is not very comfortable with speculators ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Noctis Connor
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August 30, 2016, 04:00:48 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?
Bitcoin has no stable price which is bitcoin price is always play range with 600 to 500 dollars where many investors are using it because if investors are going to buy lots of bitcoin then probably the price of bitcoin will be going increase and and if some investors are going to sell their bitcoin theres a chance that bitcoin will decrease the price
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vasrasus
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August 30, 2016, 04:17:51 AM |
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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.
It will still be popular especially if it will be stable in a higher value. People will still appreciate whether its stable or not. Because the value or amount people will ernes will only be based on their work on the strategy and their capabilities to earn.
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clickerz
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August 30, 2016, 04:43:01 AM |
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It will still be popular especially if it will be stable in a higher value. People will still appreciate whether its stable or not. Because the value or amount people will ernes will only be based on their work on the strategy and their capabilities to earn.
Yes it will still be popular as a mode of payment since it is fast,flexible and cheaper way to send any amount. Also when it is stable, it will only be used to buy another currency that will be used for trading. But i dont think that it will have a stable value or a fixed vale as the market or the supply and demands dictates the price.
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Oralmat
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August 30, 2016, 11:34:22 AM |
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It will still be popular especially if it will be stable in a higher value. People will still appreciate whether its stable or not. Because the value or amount people will ernes will only be based on their work on the strategy and their capabilities to earn.
Yes it will still be popular as a mode of payment since it is fast,flexible and cheaper way to send any amount. Also when it is stable, it will only be used to buy another currency that will be used for trading. But i dont think that it will have a stable value or a fixed vale as the market or the supply and demands dictates the price. In my opinion, if bitcoin has stable price than it is not too much popular, and also people use it only for transfer amount and little bit some more work but in this way bitcoin would be loss its own value. You know we use bitcoin because of his price increasing and down value, and if bitcoin has stable price, so definitely i will never use it.
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