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

[mamichula]

It would be more popular. If people can store lets say $10,000 worth of BTC and in two years it will be worth the same amount, the millions and millions of people would use Bitcoin. It would be popular in the whole world. More accessible. Which means it will hurt companies like Western Union. Imagine an immigrant sending money to their funny without having to pay those fees. Imagine sending $800 to someone in another state and not have to pay an $80 Western Union fee. Bitcoin would be insanely popular.

[20kevin20]

I don't think so, because most of us see Bitcoin as being a trading or gambling currency. If it was stable, trading wasn't as profitable so many traders wouldn't have been here. But on the plus side, the price being stable COULD mean Bitcoin being used as a global currency already. I'm curious what Bitcoin will be by the next winter.

[chaser15]

You are right. The stable bitcoin price will make it become a major currency in the world, the price will be high.

If bitcoin price will become stable then there's no large price increase much that will happen since coins will now be regularly used in the market.

I don't think so, because most of us see Bitcoin as being a trading or gambling currency. If it was stable, trading wasn't as profitable so many traders wouldn't have been here. But on the plus side, the price being stable COULD mean Bitcoin being used as a global currency already. I'm curious what Bitcoin will be by the next winter.

No. Even with a stable price, trading is profitable. Look how fiat currency trades works and still have many investors.

Bitcoin will still be popular but will takes time before establishing a name since the main factor why it is popular is not present.

[martinacar]

I think bitcoin would be even more popular with a stable price because of course the investing side gets less fun and more boring.
But the people would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.

[Positid]

I think bitcoin would be even more popular with a stable price because of course the investing side gets less fun and more boring.
But the people would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.

Actually seeing a stable price of bitcoin is a result of its popularity, not just popular that people simply know it but most of the people who knows bitcoin are also its supporters and users itself, don't worry it will happen soon.

[clickerz]

I think bitcoin would be even more popular with a stable price because of course the investing side gets less fun and more boring.
But the people would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.

Thats correct! If bitcoin is stable, theres nothing to lose.you know why? Its a good mode  of payments on internet as its fast,cheap and verifiable online. Though the  trading would be affected and as you say it, its boring since traders cannot earn from it, but it will benefit freelancers as they can opted  for bitcoin payment anytime.

[arseaboy]

I think bitcoin would be even more popular with a stable price because of course the investing side gets less fun and more boring.
But the people would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.

Thats correct! If bitcoin is stable, theres nothing to lose.you know why? Its a good mode  of payments on internet as its fast,cheap and verifiable online. Though the  trading would be affected and as you say it, its boring since traders cannot earn from it, but it will benefit freelancers as they can opted  for bitcoin payment anytime.

i like the impression of saying it can be boring but for it wasn't since btc is a currency trading are still works like forex it will be depend on the actual movement of btc although its not like the same fluctuation that can give you a lot but i seen its just starting to be stable on its current rate,.

[btvGainer]

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?

Yes it would still be popular as price is not the only factor that contributes toward bitcoin popularity.Although possibility of increase in price makes it even more attractive

[Iceborn]

We cannot say if it will be still popular than but I think it will be less more popular because the profit will also be less more than.
I think that its also the power of the up and downs that made the bitcoin so popular.

[BitcoinHodler]

We cannot say if it will be still popular than but I think it will be less more popular because the profit will also be less more than.
I think that its also the power of the up and downs that made the bitcoin so popular.

the form of the popularity would have been different but bitcoin would have been still popular.

right now it is mainly popular because of the price and the fact that it is a good investment (on top of all other good things like being a currency) but if the price was stable it could have been used as a real currency and become popular that way.

[goldcoinminer]

We cannot say if it will be still popular than but I think it will be less more popular because the profit will also be less more than.
I think that its also the power of the up and downs that made the bitcoin so popular.

the form of the popularity would have been different but bitcoin would have been still popular.

right now it is mainly popular because of the price and the fact that it is a good investment (on top of all other good things like being a currency) but if the price was stable it could have been used as a real currency and become popular that way.

Maybe, you have a point but I think it will not be use as an independent currency even this time become so popular, the government are very strict with the KYC policy to avoid money laundering while bitcoin is anonymous so government is against it.

[rio3233]

In my opinion, bitcoin will be popular if bitcoin had a stable price. Because bitcoin will be the best place to investment same as gold. The price that stable is really good for long term investment.

[mastica]

Its a good question, some people joine bitcoin because huge volatility, the big money camed with those interest at the pumps and dumps. But the other side, a stable price would allow all to maybe get a revenue or apply their savings into bitcoin, sure it wouldnt be the cashmachine it turned, but it could be already allowed and regulated as assets, making it legal.

[dunfida]

Its a good question, some people joine bitcoin because huge volatility, the big money camed with those interest at the pumps and dumps. But the other side, a stable price would allow all to maybe get a revenue or apply their savings into bitcoin, sure it wouldnt be the cashmachine it turned, but it could be already allowed and regulated as assets, making it legal.

I think many investors would  jump out since most investors  love   more on moving prices  compared to be stable instead but somehow if bitcoin would stabilize its prize maybe  it would be still popular but i guess  it would  took a long time  to happen all of this things because there are lots of things to be processed if its accepted  already legally.

[AicecreaME]

Does popularity of it really matters? I don't think so. Because even though bitcoin is popular in this past few years most of the people just ignore it. But why?, it is because they are not interested for it. They are way more focus in the cash that they are making everyday because cash is easier to have than bitcoin, I mean it is easier more to earn in the real world than bitcoin in the internet. But if bitcoin had a stable price I think it would attract more users.

[marcuslong]

Yes as you can see there are more people are sitll using bitcoin even the price are really cheap they are still loyal on bitcoin and still earning bitcoin until the final price will increase for me bitcoin is somuch cool staff that really can help people with their business like us.

[ekoice]

Even if bitcoin had a stable price, it would be still popular because people would use it for money transactions since transaction price is very low. More traders would come to accept bitcoin since risk of loss due to price fluctuations is avoided.

[Mastsetad]

I don't think so, because most of us see Bitcoin as being a trading or gambling currency. If it was stable, trading wasn't as profitable so many traders wouldn't have been here. But on the plus side, the price being stable COULD mean Bitcoin being used as a global currency already. I'm curious what Bitcoin will be by the next winter.

Obviously, the thousands of traders are using bitcoin because it fluctuates and if it does not fluctuate they wont be able to earn profits with it, and if the price of bitcoin stays stable then the prices of altcoins would also be stable and that can be a reason of stopping of altcoin trading as well.

[dinda22]

I don't think so, because most of us see Bitcoin as being a trading or gambling currency. If it was stable, trading wasn't as profitable so many traders wouldn't have been here. But on the plus side, the price being stable COULD mean Bitcoin being used as a global currency already. I'm curious what Bitcoin will be by the next winter.

you can still trade altcoin more profitable with many choices of coins. on the other hand I am happy thus if price bitcoin is stable and is at high price levels. This will make the bitcoin increasingly popular. because it would be a many big investors who invest in bitcoin. because the previous most of those doubts with the price volatility that has great risk.
even not only big investors, perhaps the Government and the bank will adopt a bitcoin as currency international If it happens.

[NordicRanger]

Most likely it will not be so popular as it is right now, people made a lot of profit because its not stable at all.
If this was not happened it would not be popular.