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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171755 times)
Login2Luck
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August 30, 2016, 12:26:02 PM
 #601

Everyone will be then happy with that and more companies will adopt it, I think we have to work for the bitcoin price to stabilize.
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August 30, 2016, 02:12:30 PM
 #602


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.
The thing is when bitcoin will be popular it will become stable, why? Because once this is going to be widely accepted and we gain massive adoption they will be an equal demand and supply so the price will be stable and the market will not be manipulated again.

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Legasean
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August 30, 2016, 02:34:23 PM
 #603

I dont tink that when the bitcoin is getting a stable price there will not be so many people interested into the coin anymore and that is only because of the coin has a variable value and that makes it interesting to invest with it you know.
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August 30, 2016, 02:36:38 PM
 #604

It's quite impossible for Bitcoin to have a stable price considering the fact that's it's in demand and even fiat like dollars, euro, they don't have a fixed price. But let's just assume that that happens, then its price would be the same no matter which day of the year you buy. Trading wouldn't with it wouldn't be a thing anymore. I think the whole Bitcoin thing will eventually become just a usual thing that you can grab whenever you want. It will lose its popularity eventually.

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August 30, 2016, 02:43:01 PM
 #605

It's quite impossible for Bitcoin to have a stable price considering the fact that's it's in demand and even fiat like dollars, euro, they don't have a fixed price. But let's just assume that that happens, then its price would be the same no matter which day of the year you buy. Trading wouldn't with it wouldn't be a thing anymore. I think the whole Bitcoin thing will eventually become just a usual thing that you can grab whenever you want. It will lose its popularity eventually.

Markets where you depend on a constant supply of in this case freshly mined coins will never be stable in the form of 1 BTC to be worth always $1000 for example. Other than that, the volatility is needed to attract money from traders. This money allows the price to either support certain levels, or makes it possible for the price to realize growth. I am happy with how Bitcoin is. I would never wish for total stability.
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August 30, 2016, 02:46:20 PM
 #606

I dont tink that when the bitcoin is getting a stable price there will not be so many people interested into the coin anymore and that is only because of the coin has a variable value and that makes it interesting to invest with it you know.
So what you said is equivalent to saying that there is no interest in USD and gold, because they are very much stable in price!!!!

Bitcoin is popular because of its innovative technology and freedom from banks or the problem with inflammation of local currencies.
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August 30, 2016, 02:48:49 PM
 #607

I am not sure it's truth, cause at my opinion bitcoin price is not making an impact on popularity, i think that bitcoins is not popular cause it's not accepted everywhere.

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August 30, 2016, 03:06:46 PM
 #608

Everyone will be then happy with that and more companies will adopt it, I think we have to work for the bitcoin price to stabilize.

I agree, companies would love it because it is stable and then bitcoins would become more popular, only downside it they wouldnt give as much oppurtunities anymore!
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August 30, 2016, 03:08:11 PM
 #609

Everyone will be then happy with that and more companies will adopt it, I think we have to work for the bitcoin price to stabilize.

I agree, companies would love it because it is stable and then bitcoins would become more popular, only downside it they wouldnt give as much oppurtunities anymore!

True that the opportunities wouldn't be there as much as they are now, but it would give other benefits besides being able to rise in money in a short time.
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August 30, 2016, 03:10:20 PM
 #610

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?

Just like gold and dollar , bitcoin will also be very much popular and people will take interest in that currency and will adopt it for their uses and for their payment system internationally.
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August 30, 2016, 03:19:25 PM
 #611

It's quite impossible for Bitcoin to have a stable price considering the fact that's it's in demand and even fiat like dollars, euro, they don't have a fixed price. But let's just assume that that happens, then its price would be the same no matter which day of the year you buy. Trading wouldn't with it wouldn't be a thing anymore. I think the whole Bitcoin thing will eventually become just a usual thing that you can grab whenever you want. It will lose its popularity eventually

If Bitcoin starts to lose its popularity, this will necessarily affect its price. The price will obviously start to decrease. That, in its turn, will stir up interest from speculators and profiteers, and the price will revert...

In short, your assumption doesn't hold

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August 30, 2016, 11:22:08 PM
 #612

I am not sure it's truth, cause at my opinion bitcoin price is not making an impact on popularity, i think that bitcoins is not popular cause it's not accepted everywhere.

In online world it is already popular and every online earner and online company think about bitcoin first before taking the start and slowly and gradually it is also coming into the offline world , so we can say that it is popular.
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August 31, 2016, 06:39:11 AM
 #613

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 that it will make many users are not interested in bitcoin bitcoin again. you should be able to see the interest of the users to buy when the price of bitcoin be stable? precisely the volume to be down so low? be different when the price fluctuations?
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August 31, 2016, 06:59:25 AM
 #614

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 that it will make many users are not interested in bitcoin bitcoin again. you should be able to see the interest of the users to buy when the price of bitcoin be stable? precisely the volume to be down so low? be different when the price fluctuations?


no, you are only thinking about speculators aka investors in bitcoin.
but using bitcoin is not restricted to only using it as an investment and profiting from the rise to the moon. it is also designed so you can use bitcoin as a real currency online. and without the need of banks and banking system with the most secure way and the lowest fees.
so in case the price was more stable then you could really consider it as an alternative to other currencies like USD, EUR, ... and as people are using those currencies they would too use bitcoin.

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August 31, 2016, 07:01:18 AM
 #615

If the bitcoin has a stable price i dont think he would be such as popular as he is right now and that is because there are so many people investing with the bitcoin and as he has a stable vvalue you wont make a lot of profit.
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August 31, 2016, 07:18:08 AM
 #616

If the bitcoin has a stable price i dont think he would be such as popular as he is right now and that is because there are so many people investing with the bitcoin and as he has a stable vvalue you wont make a lot of profit.

Yeah, bitcoin is becoming popular today because of it's characteristic of being a unstable currency. Because wise investors are seeing the potential of it that if they are going to buy at low price they are going to earn once the price is going to increase. So that is why bitcoin is not going to become popular if it has a stable price.

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goldcoinminer
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August 31, 2016, 07:41:44 AM
 #617

If the bitcoin has a stable price i dont think he would be such as popular as he is right now and that is because there are so many people investing with the bitcoin and as he has a stable vvalue you wont make a lot of profit.

Yeah, bitcoin is becoming popular today because of it's characteristic of being a unstable currency. Because wise investors are seeing the potential of it that if they are going to buy at low price they are going to earn once the price is going to increase. So that is why bitcoin is not going to become popular if it has a stable price.
Not only that, because I believe that it is not the price fluctuation that is the key why bitcoin is becoming popular. It is its benefits in online transaction and since its gives us the benefits to transact fast and pay only a little charges then it attracts people to use it especially those in the gambling industry.
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August 31, 2016, 07:46:20 AM
 #618

even more because the tust can be higher on a stable rate.



True but.., on one side more parties would use it cause it would be a stable currency but on the other hand investors wouldn't invest in it as much because of the low potential. So it depends, do we have more investors or more people who would use it as a stable currency
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August 31, 2016, 07:49:25 AM
 #619

I dont think that there will be allot of people interested into the bitcoin anymore and that is only because most of the people are thinking to make money with the bitcoin and when the price cant rise of the bitcoin no one will invest into it right ?
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August 31, 2016, 08:42:01 AM
Last edit: August 31, 2016, 03:36:25 PM by deisik
 #620

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 that it will make many users are not interested in bitcoin bitcoin again. you should be able to see the interest of the users to buy when the price of bitcoin be stable? precisely the volume to be down so low? be different when the price fluctuations?


no, you are only thinking about speculators aka investors in bitcoin.
but using bitcoin is not restricted to only using it as an investment and profiting from the rise to the moon. it is also designed so you can use bitcoin as a real currency online. and without the need of banks and banking system with the most secure way and the lowest fees.
so in case the price was more stable then you could really consider it as an alternative to other currencies like USD, EUR, ... and as people are using those currencies they would too use bitcoin.

Unless there is a wide market for real goods that can be bought with bitcoins, I don't see any reason why these people would want to use Bitcoin in the way they use national currencies (just in case, they typically use them for buying things)...

Really, why would you be interested in something which is useless to you?

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