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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
oceanriver
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August 31, 2016, 03:29:31 PM
 #621

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 ?
a lot of people would still be interested in it because they would think that bitcoin is a good enough currency to use that can give stable profit
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August 31, 2016, 08:04:23 PM
 #622

If the price would be stable, bitcoins would still be popular based on its anonymity and decentralization features which fiat money can't provide...
The complicacy here is actually of the pump and dump itself, because people start to talk about prices going down, and investors stop buying...

GamingBro
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August 31, 2016, 09:23:10 PM
 #623

Bitcoin is already popular for people who like it cause of benfits that bitcoin giving to users, for other people who intereted only in price it's not so popular nowdays.

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September 02, 2016, 04:14:59 PM
 #624

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 ?
yeah there wouldnt be that much investors for sure, in my opinion bitcoin with stable price will be only after a few decades actually
agustina2
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September 02, 2016, 04:44:01 PM
 #625

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 ?
yeah there wouldnt be that much investors for sure, in my opinion bitcoin with stable price will be only after a few decades actually

There is still. Look at the USD to other fiat currencies exchange, still has many traders around it and it's profitable. Take note that fiat exchanges have quiet stable price. Same goes for bitcoin if it will become a stable price.

Hopefully bitcoin price will become stable and you will see what I mean.
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September 02, 2016, 04:53:47 PM
 #626

Stability attract masses in my opinion, fluctuations in price attract people who like to risk and gamble. I think in this forum there is more people that hold coins in safe place then people who trade and gamble. Most of the people that hold coins earned that coins, and some of them bought it when price was very low. About early adopters is hard to speak, probably many of them regret a bit cause they didn't bought more coins.
Bitcoin is popular cause its something new, and cause its a good thing, I think its hard for bitcoin to be stable for long time, cause there is so many factors that determine the price, and these factors are changing each day.

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September 03, 2016, 05:11:19 AM
 #627

The bitcoin will be stable or not but its popularity is not removed from the people because of our day many people use and know bitcoin . If and when it becomes more stable still support bitcoin because many large investors who invest in bitcoin . Be established only if not stop bitcoin miner and its investors .
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September 03, 2016, 06:00:02 AM
 #628

There is no such as stable especially the currencies, for example the $, despite of its decreasing and increasing value, still people use it and many businessman are using it and gaining from it.

Its our future money, WORLD MONEY...

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Gaswuwade
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September 03, 2016, 09:38:02 AM
 #629

it would have became more popular with a certain category of people "That doesn't like the volatility it has right now" But most likely less popular among a majority of the users right now, Even though it would still be anonymous but most likely it wouldn't be as good of a long term investment as it was to those who invested earlier..
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September 03, 2016, 10:38:14 AM
 #630

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?

Obviously not, there are already a lot of coins with different values even higher then what you mentioned about what if bitcoin would have been and they are not as popular as bitcoin because bitcoin has increased its user database by the growth of its price otherwise it wouldn't have been so popular in the world and it grows that is why it attracts people.
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September 03, 2016, 02:20:25 PM
 #631

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?

Obviously not, there are already a lot of coins with different values even higher then what you mentioned about what if bitcoin would have been and they are not as popular as bitcoin because bitcoin has increased its user database by the growth of its price otherwise it wouldn't have been so popular in the world and it grows that is why it attracts people.
We cannot say that bitcoin is very popular at a moment and it has reached everywhere but its gaining popularity and many new people are joining the community which is really a good sign.
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September 06, 2016, 08:44:55 AM
 #632

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?

Obviously not, there are already a lot of coins with different values even higher then what you mentioned about what if bitcoin would have been and they are not as popular as bitcoin because bitcoin has increased its user database by the growth of its price otherwise it wouldn't have been so popular in the world and it grows that is why it attracts people.
We cannot say that bitcoin is very popular at a moment and it has reached everywhere but its gaining popularity and many new people are joining the community which is really a good sign.

I think the bitcoin is getting popular day after day. There more companies accepting the bitcoin at the moment.
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September 06, 2016, 09:11:46 AM
 #633

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

I am sure that it would not be as popular as it is right now because people make use of it because the value constantly changes.
This allows us to use it as a investment instead of only as a currency.
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September 06, 2016, 09:17:02 AM
 #634

If bitcoin had a stable price, i'm sure many people will start using bitcoin. Because that stable price is really good for long term investment same as gold.
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September 06, 2016, 12:15:03 PM
 #635

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 ?
thats true, either way the people will be coming to bitcoins from time to time, i hope that it will allow me to make huge profit in the future

 
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jostorres
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September 06, 2016, 07:14:03 PM
 #636

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 ?
That differs from person to person and depends on need. For example if I am a gambler I would always like to have a constant price and if I am a trader I would like to have a variable price because that's my main source of income then, so each view will vary and I personally love variable price.

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September 06, 2016, 11:27:12 PM
 #637

If bitcoin had a stable price, i'm sure many people will start using bitcoin. Because that stable price is really good for long term investment same as gold.
more people would be into bitcoin then for sure, it would be really cool to be honest because people wouldnt be afraid to use it then
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September 07, 2016, 05:15:00 AM
 #638

If bitcoin had a stable price, i'm sure many people will start using bitcoin. Because that stable price is really good for long term investment same as gold.
more people would be into bitcoin then for sure, it would be really cool to be honest because people wouldnt be afraid to use it then

I disagree with you guys, because if bitcoin is going to have stable price then it would probably just like a digital fiat. Because fiat has stable price so it is not going to have difference with it. And the investors are liking the characteristic of bitcoin which has unstable price for having a lot of opportunity with it. So it is not going to be popular if it has stable value.

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MingLee
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September 07, 2016, 05:20:19 AM
 #639

If bitcoin had a stable price, i'm sure many people will start using bitcoin. Because that stable price is really good for long term investment same as gold.
more people would be into bitcoin then for sure, it would be really cool to be honest because people wouldnt be afraid to use it then

I disagree with you guys, because if bitcoin is going to have stable price then it would probably just like a digital fiat. Because fiat has stable price so it is not going to have difference with it. And the investors are liking the characteristic of bitcoin which has unstable price for having a lot of opportunity with it. So it is not going to be popular if it has stable value.
There are a lot of trade-offs when it comes to a stability v volatility debate, especially when it comes to Bitcoin. For example, if it was stable there would like be a lot more people investing larger amounts of money into the technology to keep their funds safe, while at the same time there would be people who would be pulling their money out of Bitcoin because there are fewer and smaller speculator gains to be made out of it, and thus there are a considerably larger number of people leaving and potentially joining at the same time. And that's just one example. There are a ton more that you could have to think about and deal with to get a good answer.
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September 07, 2016, 05:23:04 AM
 #640

I would like it more if bitcoin has a more stable price because i am earning in bitcoin but due to its volatile nature its a bit harder to manage money because some times earning are good and some times less if price is low,so i like bitcoin to have to stable price.
So if it has a stable price then i think it would be even more popular that it is now but surely its popularity would not decrease.
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