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

[Positid]

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?

i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it.
If it was stable then that option would not be there so people would not make use of it.

You are wrong dude, maybe it will not be popular to us anymore but for the spenders and shoppers online bitcoin will be popular as big merchants will be coming in as there will be big market for them to serve that they will not worry anymore of the big price fluctuations that is happening now.

[btcdevil]

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?

i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it.
If it was stable then that option would not be there so people would not make use of it.

You are wrong dude, maybe it will not be popular to us anymore but for the spenders and shoppers online bitcoin will be popular as big merchants will be coming in as there will be big market for them to serve that they will not worry anymore of the big price fluctuations that is happening now.

I think both the reply are true to their facts, if you go with the shoppers who want bitcoin to be used as payment option but they are worrying of the price fluctuations and if you see through the trading point of view then they dont have anything to trade if the price is not fluctuating, ya but long term investors will be surely their as if the price is stable then sure is that the price will go up mostly.

So i think their wont be much affect on the bitcoin users but for traders it will be problem.

[chaser15]

as most of the people are not using bitcoin as its price is not stable ans they are feeling uneasy to invest in bitcoin as there is always chance of a big flow to the price of bitcoin, but i think if the price once become stale then they will like to invest their money in bitcoin.

No, I don't think people are going to invest more in bitcoin if it has going to have stable price because look upon at USD and other local currencies they have stable price. And the investors goal is just always to get profit and that is what they can see to bitcoin for because of its unstable price and fluctuation they are seeing that they are going to get good profit even with just simple price movement.

that is right, people will not invest in bitcoin if the price is stable but you are forgetting that bitcoin isnot just an investment but instead bitcoin is also a currency so if the price of it is stable then people will start buying it to use as a currency.

That is true, because why the people are going to choose bitcoin if it has stable price and they will just going to simply choose US dollars for their investment for they are going to see and believe that USD is more secured and powerful type of relying to their business. And if that happens, bitcoin will be worthless.

You are not looking at the bright side.

Bitcoin trasaction is different from the usual fiat transaction. When it was first introduced the value of it is just a cents. How come people attracted back then even it has a value of cents?

The benefits of using bitcoin is the one people sees. The price of it is just a reward.

[sobsitesearch]

It would be popular but not more people or investor got attracted to invest in stable price no income will gain on that, bitcoin being  popular because of volatile value investor seeing profit on that.

[markisanon2434]

In my opinion, bitcoin would be popular whether there is a stability or not regarding it's price. Traders and Investors bet on this volatility to make gains  for themselves. But a user would use it because of the advantage bitcoin offers over the fiat currency. Bitcoin offers less transaction fee and quickness. It also has anonymity. Anybody can send it to anyone anywhere on the planet.

[diodio5]

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?

i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it.
If it was stable then that option would not be there so people would not make use of it.

I think bitcoin will continue to be popular no matter what happens. even now and some time ago the price of bitcoin had experienced several times the price is stable and you can see bitcoin is not left behind by the people?
bitcoin still growing as usual

[Kelarid]

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?

i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it.
If it was stable then that option would not be there so people would not make use of it.

I think bitcoin will continue to be popular no matter what happens. even now and some time ago the price of bitcoin had experienced several times the price is stable and you can see bitcoin is not left behind by the people?
bitcoin still growing as usual

If the block size does not increase, it cannot be used for daily transactions. It will be replaced by a better coin.

[adi33]

, Bitcoin will become popular if there is stability or not the price of it. Traders and Investors are betting on volatility to make a profit for themselves. bitcoin became famous because of the features offered to send money quickly. but there are still many shortcomings in bitcoin

[DeDordtenaar]

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?

i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it.
If it was stable then that option would not be there so people would not make use of it.

I could see that most users bitcoin is where they previously attracted investors due to fluctuations in bitcoin so they are keen to invest so that they can benefit greatly in a short time, I can not imagine if bitcoin price becomes stable ? bitcoin possible can continue to be popular?

[CroIsBest]

Yea bitcoin is almost more popular then mastercard price isnt important about poularity it isi important for what you can use it.

[virusasog]

Yea bitcoin is almost more popular then mastercard price isnt important about poularity it isi important for what you can use it.

I don't know what comparison you made with bitcoin. I hope bitcoin would be a world costliest and popular stock in the world in future. Most of the will know about bitcoin who are doing online business and work. Soon bitcoin will reach to layman as well.

[th3nolo]

yes, but if you think about there only 21 million of bitcoin the price will always go higher well I believe this could happen. Still popular of course everyday more people are interested in use bitcoin if we don't have better options to human politics. bitcoins always will be good option if you look poor countries who have higher inflation this is a instrumental that they can use for his savings .

[Mastsetad]

Yea bitcoin is almost more popular then mastercard price isnt important about poularity it isi important for what you can use it.

The the thing is, that if the price was not growing by now then bitcoin would have been limited to some users from that time when it was launched, the community has kept growing just because the price has been growing which attracted people towards it, otherwise it would have been just like other alt coins you can see in markets these days which are considered nothing.

[praprata]

Considering some reasons, I think bitcoin would still be popular even if it have a stable price but not as popular as it is today. I said that since many of us use bitcoin to earn more money and if it had a stable price, bitcoin holding will be out of the option to earn money and this method to earn money was the most commonly used by whales so I think it wouldn't be as popular as it is today if it had a stable price.

I do not think that Bitcoin would be as popular as it is right now if the price would only be stable all the way, people make use of Bitcoin as an investment.
If the Bitcoin was only stable most people would not make use of it for sure, at least I would not.

[ObscureBean]

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?

i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it.
If it was stable then that option would not be there so people would not make use of it.

I think bitcoin will continue to be popular no matter what happens. even now and some time ago the price of bitcoin had experienced several times the price is stable and you can see bitcoin is not left behind by the people?
bitcoin still growing as usual

In this scenario we're assuming that Bitcoin is permanently stable, you can't compare this to the few times where Bitcoin value didn't move much for months. Even when the price wasn't moving, everyone was still counting on it to go up at some point. If you remove this hope completely, like if Bitcoin price is permanently fixed at say $600, the majority of people would lose interest because they can no longer dream that one day Bitcoin will make them rich.

[blackmachinegun]

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?

i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it.
If it was stable then that option would not be there so people would not make use of it.

You are wrong dude, maybe it will not be popular to us anymore but for the spenders and shoppers online bitcoin will be popular as big merchants will be coming in as there will be big market for them to serve that they will not worry anymore of the big price fluctuations that is happening now.

me myself I would be happy and also sad because I will not be able to benefit rapidly due to fluctuations disappear,
but I'm also happy because there will be a lot of merchants who will come and accept bitcoin ?

[pocarime32]

If bitcoin had a stable price, i'm sure bitcoin will become more popular than before. Because many people will start using bitcoins for invest their money into bitcoins.

[X-ray]

If bitcoin had a stable price, i'm sure bitcoin will become more popular than before. Because many people will start using bitcoins for invest their money into bitcoins.

as you can see that so many people here doing trading as their side job and what makes them interested into bitcoin is because of its volatility,this volatility behaviour is indeed such a big problem to implement bitcoin to be payment option or even make it as primary currency but it's also attract trader to get into crypto world

[Aamir1]

If bitcoin had a stable price, i'm sure bitcoin will become more popular than before. Because many people will start using bitcoins for invest their money into bitcoins.

I don't think so, mostly people get attracted towards something which is the best and in this case bitcoin is the best digital currency because of its value which makes it the best among all the currencies online, so it it had a price like other currencies it would not have been so popular.

[deisik]

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?

i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it.
If it was stable then that option would not be there so people would not make use of it.

I think bitcoin will continue to be popular no matter what happens. even now and some time ago the price of bitcoin had experienced several times the price is stable and you can see bitcoin is not left behind by the people?
bitcoin still growing as usual

In this scenario we're assuming that Bitcoin is permanently stable, you can't compare this to the few times where Bitcoin value didn't move much for months. Even when the price wasn't moving, everyone was still counting on it to go up at some point. If you remove this hope completely, like if Bitcoin price is permanently fixed at say $600, the majority of people would lose interest because they can no longer dream that one day Bitcoin will make them rich

Isn't that what various pump&dump groups specifically aim to achieve, i.e. instill an idea that price, for example, may be permanently fixed at some value? And when a lot of people become filled with that idea, they push the price in the direction where it is easiest to push and then strip the insecure public off of their money?

There is one thing worse than false hope, and that is false hopelessness