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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
wowanstrong
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October 08, 2016, 08:13:11 AM
 #801

I hope that this will not happen and the price of Bitcoin will grow. But if it happened, I personally would have no more interest in Bitcoin

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pitham1
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October 08, 2016, 10:05:20 AM
 #802

No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.
but i think if the price of bitcoin remain stable it will become more and more popular, people will then trust on bitcoin and they will then put more and more money in bitcoin. therefore to me if the price of bitcoin remain stable its popularity will increase more.

Stability is a great aspect if it ever comes to happen, but the problem then will be that traders will pull back their money from the market. And exactly this money is needed to keep the market liquid. That's why I prefer Bitcoin to remain volatile, so traders have reason to pump their money into Bitcoin.

If the market is not liquid, then it cannot be stable.  Wink
If traders pull their money out, some other class of investors will park their money in Bitcoin, given its stability.

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October 08, 2016, 10:25:39 AM
 #803

No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.
but i think if the price of bitcoin remain stable it will become more and more popular, people will then trust on bitcoin and they will then put more and more money in bitcoin. therefore to me if the price of bitcoin remain stable its popularity will increase more.

Stability is a great aspect if it ever comes to happen, but the problem then will be that traders will pull back their money from the market. And exactly this money is needed to keep the market liquid. That's why I prefer Bitcoin to remain volatile, so traders have reason to pump their money into Bitcoin.

If the market is not liquid, then it cannot be stable.  Wink
If traders pull their money out, some other class of investors will park their money in Bitcoin, given its stability.

Bitcoin price is driven by hype and speculation, traditional investors looking to use Bitcoin as store of value will head more likely towards Gold. It has always been like that, and I don't think it will change. The thing that scares off potential institutional investors and other high level investors, that there are too many early birds and people with insane amounts of coins. The higher the price goes, the less effort they need to do in order to get the price to tank.
mace15
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October 08, 2016, 10:31:08 AM
 #804

If bitcoin had a stable price, i think still the same status right now.
Bitcoin is volatile price or not the effect still would be close to
people since they seems want to earn or gain profit more in
btc.
diodio5
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October 08, 2016, 11:00:38 AM
 #805

I hope that this will not happen and the price of Bitcoin will grow. But if it happened, I personally would have no more interest in Bitcoin
I think you should know that while the price of bitcoin will be stable, as some time ago bitcoin prices are very stable at $ 600 but it will happen only temporary?
What do you think when the price of bitcoin be stable for some time only ?
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October 08, 2016, 11:20:55 AM
 #806

If it is more stable, other people - not speculators - will buy btc. These are long-term investors. And the speculators who are trading it now just move on to other cybercurrencies, with much more volatility.

Why not speculators??? Even it is still a stable currency, but there are still lots of investors getting involved in this and investing more and more, thus running the markets and giving it the volume it needs to remain at its place... Though they won't make anything big in their short term, but they will make at least something which is better than nothing when it is about bitcoins...
I think there is no any difference between other investors and speculators. Speculators are also long term investors.
Among speculators I have some people who have waited for more than a year before the halving when they heard about halving a year ago.
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October 08, 2016, 11:26:33 AM
 #807

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?
in my opinion if it would be lile stability in the bitcoin price then there will be something down for the trader and user of bitcoin who always earn with Bitcoin only .

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virusasog
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October 08, 2016, 12:09:26 PM
 #808

I hope that this will not happen and the price of Bitcoin will grow. But if it happened, I personally would have no more interest in Bitcoin
I think you should know that while the price of bitcoin will be stable, as some time ago bitcoin prices are very stable at $ 600 but it will happen only temporary?
What do you think when the price of bitcoin be stable for some time only ?

Yup price of the bitcoin will be stable for sometime only. As you said in price wise bitcoin so volatile and It wil rise in the upcoming future. So wait and win with your holding bitcoins.
varyspro
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October 08, 2016, 01:01:13 PM
 #809

I hope that this will not happen and the price of Bitcoin will grow. But if it happened, I personally would have no more interest in Bitcoin
I think you should know that while the price of bitcoin will be stable, as some time ago bitcoin prices are very stable at $ 600 but it will happen only temporary?
What do you think when the price of bitcoin be stable for some time only ?

Yup price of the bitcoin will be stable for sometime only. As you said in price wise bitcoin so volatile and It wil rise in the upcoming future. So wait and win with your holding bitcoins.

All who have a Bitcoin expect an upward price movement. And me too.
Doamader
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October 08, 2016, 01:06:48 PM
 #810

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?
in my opinion if it would be lile stability in the bitcoin price then there will be something down for the trader and user of bitcoin who always earn with Bitcoin only .

The problem is several people joined into the bubble of 1000 dollars and had lost their investment and  savings into those, soo if bitcoin had a price of 500 or even 700 dollars stable im pretty sure we would had mass adopted bitcoin already.
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October 08, 2016, 01:20:24 PM
 #811

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?
in my opinion if it would be lile stability in the bitcoin price then there will be something down for the trader and user of bitcoin who always earn with Bitcoin only .

The problem is several people joined into the bubble of 1000 dollars and had lost their investment and  savings into those, soo if bitcoin had a price of 500 or even 700 dollars stable im pretty sure we would had mass adopted bitcoin already.

some of those people have dumped their coins long before, and some of them will never join again, even if bitcoin reach they entry price, but other who have holded strong enough might get back if bitcoin reach their entry level of the market

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October 08, 2016, 03:12:32 PM
 #812

Right now we are at a stable price. This is the proof that Bitcoin will continue to be popular even if the market sometimes becomes almost steady. There are just some price fluctuations these days like 10$ range of difference every now and then. Eventually, there's either a whale that will dump or a whale that will fill in his stash so this price stability will never stay forever but it might stay for a little longer.
Yes, that is the first time I see that bitcoin get staied on the same level for such long time. I don't think if bitcoin would have statable price it still would be popular. Cause that fact that it's prise is not statable is the most attractive factor to those people who get interested in bitcoin. Not fixeble prise can become easy way to make some extra money, you just buy when the price is low and sell when it is high. The formula is easy.
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October 08, 2016, 05:57:31 PM
 #813

to me if the price of bitcoin is becoming stable then the popularity of bitcoin will increase and then more and more people will invest their money in bitcoin for the purpose of trading or just for transferring money from one place to another.
You are that for the purpose of transferring money people will like to put their money in bitcoin but for the purpose of trade very less people will use it as the traders like those assets where they find more fluctuations.
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October 08, 2016, 06:11:59 PM
 #814

to me if the price of bitcoin is becoming stable then the popularity of bitcoin will increase and then more and more people will invest their money in bitcoin for the purpose of trading or just for transferring money from one place to another.
You are that for the purpose of transferring money people will like to put their money in bitcoin but for the purpose of trade very less people will use it as the traders like those assets where they find more fluctuations.
Honestly bitcoin will never be stable since the price of bitcoin is always depends in demand and supply and we are growing every year more investors are come in bitcoin.. so bitcoin will be more valuable in the future if adopters are successful adopt bitcoin..
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October 08, 2016, 06:23:44 PM
 #815

If bitcoin will be stable price someday traders will will stop trading and investors will go out because they are not making profit anymore and i think bitcoin still not so popular as of now.

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October 08, 2016, 08:03:58 PM
 #816

Actually there are more than one types of investors in the market. One group prefers stability and another group prefers taking risk. Since bitcoin has a huge upside potential, the risk takes are taking their chance. But it is also possible that bitcoin price may go down any time in future.

For the other group, stable price will trigger their investment into bitcoin, if they come to know that their money is safe.  They probably won't get much return but their capital amount is safe and will not erode anytime. So it depends which group of investors will prefer to invest in bitcoin. Stable pricing is not bad though.

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October 08, 2016, 08:49:04 PM
 #817

to me if the price of bitcoin is becoming stable then the popularity of bitcoin will increase and then more and more people will invest their money in bitcoin for the purpose of trading or just for transferring money from one place to another.
You are that for the purpose of transferring money people will like to put their money in bitcoin but for the purpose of trade very less people will use it as the traders like those assets where they find more fluctuations.

Why do you think that traders can't make money in less volatile markets??? Even the least liquid markets could make someone money if they know how to do scalping trades... It's risky, but getting out with smaller profits and making your portfolio bigger would still be the best option here, but let bitcoins always be volatile and I hope we don't see it get stabilized ever so as to enjoy the rides... Smiley

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October 08, 2016, 09:44:37 PM
 #818

I hope that this will not happen and the price of Bitcoin will grow. But if it happened, I personally would have no more interest in Bitcoin
I think you should know that while the price of bitcoin will be stable, as some time ago bitcoin prices are very stable at $ 600 but it will happen only temporary?
What do you think when the price of bitcoin be stable for some time only ?

Yup price of the bitcoin will be stable for sometime only. As you said in price wise bitcoin so volatile and It wil rise in the upcoming future. So wait and win with your holding bitcoins.
Yeah you're right sometimes while bitcoin prices will be stable and it will happen in a short time, I do not think that it will happen forever, because you think the fluctuation is typical of bitcoin and will always be in bitcoin. so you do not need to worry and fear that if prices stabilize occurs, it is only temporary
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October 08, 2016, 10:23:24 PM
 #819

to me if the price of bitcoin is becoming stable then the popularity of bitcoin will increase and then more and more people will invest their money in bitcoin for the purpose of trading or just for transferring money from one place to another.
You are that for the purpose of transferring money people will like to put their money in bitcoin but for the purpose of trade very less people will use it as the traders like those assets where they find more fluctuations.

Why do you think that traders can't make money in less volatile markets??? Even the least liquid markets could make someone money if they know how to do scalping trades... It's risky, but getting out with smaller profits and making your portfolio bigger would still be the best option here, but let bitcoins always be volatile and I hope we don't see it get stabilized ever so as to enjoy the rides... Smiley
If bitcoin were stable at 1000 dollars and up and down something like 100 dollars up or down it would be enought and the most people would use bitcoin for saving purposes, knowing that bitcoin would have some limit, with the current way its better because price can double fro one moment to another, halving atleast has a huge influence at it.
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October 08, 2016, 10:31:03 PM
 #820

If bitcoin will be stable price someday traders will will stop trading and investors will go out because they are not making profit anymore and i think bitcoin still not so popular as of now.
definitely true,so many traders are into bitcoin because of the unstable price that could give them profit rather than trading fiat that's sometimes stable for a long time,and i think there's so many traders that could take advantage of this unstable price and if the price were stable they will get away from it because it's not profitable anymore to stay here and seeking for another alternative for better earning

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