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

[Positid]

I suppose that Bitcoin is popular because of two things: anonymity (+independence of government) and price unstability. Why does price unstability make Bitcoin popular? Because people believe they can win on these changes. Bitcoin will still be popular because of anonymity but less popular than now, because of the absence of price unstability.

The real reason here is bitcoin is easy to use and safe at the same, even how good the price people would still not trusts bitcoin if there are flaws in the system, and as I have observed and I am sure many will also agree with me, bitcoin is really safe and secured.

[rizkyhiw]

i think if more people know about bitcoin then bitcoin can be popular and its not about bitcoin had a stable price, its about more people that will want to know and use bitcoin itself that will make bitcoin more popular.

yeah a stable price or not could not determine bitcoin become more popular or not
the matter is on how to spread this beutiful thing to the world
and sure people to accept bitcoin nicely
have a stable price will make bitcoin just like another currency , bitcoin will be not as unique as now

[agustina2]

yeah a stable price or not could not determine bitcoin become more popular or not
the matter is on how to spread this beutiful thing to the world
and sure people to accept bitcoin nicely
have a stable price will make bitcoin just like another currency , bitcoin will be not as unique as now

And not just with the price, if bitcoin is really a less hassle one, some people will surely try this crypto since they want to see some different way in sending and receving money.

Bitcoin transaction no doubt a less hassle one when it use to send money from country to country.

[deisik]

yeah a stable price or not could not determine bitcoin become more popular or not
the matter is on how to spread this beutiful thing to the world
and sure people to accept bitcoin nicely
have a stable price will make bitcoin just like another currency , bitcoin will be not as unique as now

And not just with the price, if bitcoin is really a less hassle one, some people will surely try this crypto since they want to see some different way in sending and receving money.

Bitcoin transaction no doubt a less hassle one when it use to send money from country to country.

I don't quite understand what you mean by being "really a less hassle one". If you refer to setting up a desktop wallet (difficulty thereof), I think this is not what the majority of people (your average Joe and Jill) should try doing. They should use reputable and reliable online wallets instead. I understand that what I say may sound as a heresy of sorts and will certainly be perceived as such by some, but before pointing a finger at me think about the real risks involved in both of these scenarios, i.e. using an online wallet vs setting up a desktop wallet by an incomputerate individual (computer illiterate if you don't mind)...

Other than that, nothing could possibly beat the easiness and convenience with which you can send and receive money using an online wallet

[xuan87]

i think if more people know about bitcoin then bitcoin can be popular and its not about bitcoin had a stable price, its about more people that will want to know and use bitcoin itself that will make bitcoin more popular.

yeah a stable price or not could not determine bitcoin become more popular or not
the matter is on how to spread this beutiful thing to the world
and sure people to accept bitcoin nicely
have a stable price will make bitcoin just like another currency , bitcoin will be not as unique as now

I think the stability do affect bitcoin popularity, how can the user used bitcoin if the price is volatile? let say if one game cost 1 bitcoin and then the next minute become 2 bitcoin, i dont think there will be any customer want to use bitcoin, and if the price is unstable how can bitcoin implemented in store? so i think the price stability is important to attract more user, and more user means more popular

[extrabyte]

i think if more people know about bitcoin then bitcoin can be popular and its not about bitcoin had a stable price, its about more people that will want to know and use bitcoin itself that will make bitcoin more popular.

I think that too.. price of bitcoin make it popular but it is not only because of it's price. bitcoin have lot more features and flexibility to use and this is also making it very popular among the new peoples.. specially it's feature of anonymity.

[CoinsRoyal]

Yes I think it will be partly popular but not so popular as it is right now, its because it was so profitable back in the days due to that it was very profitable.

[easy68]

Stable prices will attract more bitcoin users, but if the price has dropped to less than $1, I think everyone will try to find another coin to replace bitcoin

[Noctis Connor]

i think if more people know about bitcoin then bitcoin can be popular and its not about bitcoin had a stable price, its about more people that will want to know and use bitcoin itself that will make bitcoin more popular.

If more people will know more about bitcoin then bitcoin would be a popular cyrpto currency someday and there are chance that the bitcoin price will be increase because they converting there money in to bitcoin so there are much more posibility that bitcoin will be increase that much.

[bitlancr]

If bitcoin had a stable price it would probably be just as popular or even more popular. I think this is the case because when its stable it will me attractive for businesses aswell which will reap in more and more people so some investors leave some join.

[Ayers]

Stable prices will attract more bitcoin users, but if the price has dropped to less than $1, I think everyone will try to find another coin to replace bitcoin

price cna not drop so low because many will buy before it drop so low, it's a mind thing, it's simply impossible unless some very bad issue is discovered and bitcoin is doomed

[Kvazimoda]

I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors

[goldcoinminer]

If bitcoin had a stable price it would probably be just as popular or even more popular. I think this is the case because when its stable it will me attractive for businesses aswell which will reap in more and more people so some investors leave some join.

The price is just the outcome of the popularity of bitcoin, if we want to see a stable price it would happen but not now, the actions of the new adopters will help to create and equal demand of supply which makes the price stable and will lessen the power of the whales to manipulate the price.

[newcoins1978]

Extremely price to rise and drop of bitcoin is why this coin get more interest and popular.
So if bitcoin price stable for long time like 2 years, i think it's not good.

yeah bitcoin is really interesting for me to be honest, in my opinion the price of it is definitely going to grow in the future

Yeah but the question is would you still be interested if it wouldn't grow in the future so if the price would be stable.
I think alot less people would be interested cause they want money they want to invest and earn money

[Mastsetad]

I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors

Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.

[severaldetails]

I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors

Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.

And with investors removing their money comes a time where the price falls agin because of the bigger supply of coins.
And a low price leads back to... investments... and a higher price.
No matter how I think about it, I simply can't bring bitcoin in my mind without a volatile price.
That is the nature of bitcoin.

[serjent05]

I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors

Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.

They maybe find something else but more people which is another  batch and different kind of investor will hop in replacing those investors who relies solely on the fluctuation of price.  this batch of investors who like more stable currency will then come into the scene.  This investors are merchants, and users that will benefit in  stability of a currency.  And we all know that this group of people are far more greater  in numbers than those investors you said.

[krishna1]

i think yes it would be popular because mostly people in bitcoin network understand the technology and they are attracted by the features and the price so if price was less then also they are attracted by it because my currency value is lot smaller than 1btc

[dinda22]

I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors

Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.

well, they are just traders who take advantage of price volatility. but try to imagine, if the price of bitcoin is stable, it will be the same as other currencies. maybe the government could adopt bitcoin as international currency be valid and can be used anywhere. because during this time that becomes a big risk for big investors are bitcoin prices fluctuate. large companies can take benefit from a stable price to pay employees or other benefits will be more if bitcoin has been used for transactions worldwide.

[arseaboy]

I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors

Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.

well, they are just traders who take advantage of price volatility. but try to imagine, if the price of bitcoin is stable, it will be the same as other currencies. maybe the government could adopt bitcoin as international currency be valid and can be used anywhere. because during this time that becomes a big risk for big investors are bitcoin prices fluctuate. large companies can take benefit from a stable price to pay employees or other benefits will be more if bitcoin has been used for transactions worldwide.

i agree if this can be use in a normal ways of transaction and be treated as an international currency even big company will adopt and will use it for paying employee or transact internationally i guess time will come that btc will be adopted and be traded just same with other currency from forex.