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

[hakanbalta577]

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

Yes its not bad and even its really good for me if bitcoin become more stable,yes bitcoin day trading may not be that popular if that happens but still users can do that in long term,and those who are earning bitcoin would feel much secure if bitcoin has a stable price.

[1714743938]

1714743938

[planfox]

if the price of Bitcoin is stable, it will refuse from it a lot of investors. And the common people do not want to use it

[The_Dark_Knight]

Bitcoin will not get such a stable price until the user base has reached the maximum level of adoption possible, since the user base is still small and more and more people join bitcoin is natural that the price keeps going up and the price is not so stable.

[anami57]

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. need more companies accepting bitcoin.

[Alauria]

This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.

I think you are right but remember that due to the instability the bitcoin became so popular because due to that it was profitable on short terms.
I think that if that not happened it would never be so popular as now.

[DeDordtenaar]

if the price of Bitcoin is stable, it will refuse from it a lot of investors. And the common people do not want to use it

nope i think bitcoin will remain popular, not only traders bitcoin users only, but there are many users who use bitcoin for currency and payment method, and moreover a stable price does not mean you can not earn a profit?

[SaShiRaJaVu]

for sure traders would not like to see a stable price be it in bitcoin or any stock for that matter,but if the price is stable then more markets start to accept bitcoin as a currency,for example amazon,the price swings make it difficult for major markets to accept it as a currency,this is my opinion and it might be wrong

[BeGoods]

Bitcoin will be popular even if it gets a stable value, because the price is quite high compared to any other currency. This grab the attention of more users and when price gets standardized lot of people who fear of price fluctuations get into the digital currency network.

yes there is no doubt about this, as we can see that US dollar is one the most stable currency of the world and is still the most popular currency, therefore the stability of bitcoin will increase the popularity of bitcoin.

We know that most people make use of bitcoin as an investment and if the price was only stable like it is now then you can make money with then.
Some people like me would then never have made use of bitcoin to be honest.

Lol I thought the prices were stable does not mean the price of bitcoin will always be at the same price level. bitcoin prices will certainly continue to change despite the change is small
so you can still benefit even if the price of bitcoin is currently stable. yeah i know that but bitcoin also has many users other than the investor?

[Iceborn]

You can start a countdown about when bitcoin will be reaching those 1000 dollars and find and get support at those value, it should occur into the next halving that will happens at 2020, but the price may achieve it sooner then those date, but we all know we will be at the 4 digits once again.

Yes this will happen and you are right about that its just a mater of time before this will happen.
The upcoming halving will be great although its still far away from now.

[NewInCryptoCurrency]

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

You hit the jackpot my friend. To add bitcoin becomes popular not because it has stable price but the other way around. Because bitcoin is not stable and has the potential to increase in price. Imagine how it started from cents to hundred of dollars that tendency, the tendency to raise its value is the main reason why it's so popular.

yeah that's right ,the sudden price rising until reaching about $1000 dollars is really the factor that make bitcoin popular as now,people are really getting interested because of this and so do i,even many media are writing an article about it

Yes it did and because of that it became so popular, I also do not think if this not would happened the bitcoin was less more used than now.
Because of the success of fast profit people came investing..

[Positid]

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

You hit the jackpot my friend. To add bitcoin becomes popular not because it has stable price but the other way around. Because bitcoin is not stable and has the potential to increase in price. Imagine how it started from cents to hundred of dollars that tendency, the tendency to raise its value is the main reason why it's so popular.

yeah that's right ,the sudden price rising until reaching about $1000 dollars is really the factor that make bitcoin popular as now,people are really getting interested because of this and so do i,even many media are writing an article about it

Yes it did and because of that it became so popular, I also do not think if this not would happened the bitcoin was less more used than now.
Because of the success of fast profit people came investing..

The fast profit will happen when bitcoin will be stable, with that statement it is just right to start investing now with the current price as bitcoin is expected to substantially increase its value in the future, we have to be optimistic as we are seeing people are adopting and that is a good sign of success.

[X-ray]

The fast profit will happen when bitcoin will be stable, with that statement it is just right to start investing now with the current price as bitcoin is expected to substantially increase its value in the future, we have to be optimistic as we are seeing people are adopting and that is a good sign of success.

stable mean low profit you can't buy and sell immediatelly because the price were too stable,and buying now is actually not a good idea if you're seeking only for profit and can't afford to lose,the current price is too high in my opinion

[JITENDERPAR3]

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 the popularity of bitcoin will not leads into more changes because bitcoin is not only useful for its trading but also popular for its low transaction charge and less problems for making payment . over all it is better , safe and simple way to make payment , so no more effect will get for its stable price .

[BitAlien16]

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 the popularity of bitcoin will not leads into more changes because bitcoin is not only useful for its trading but also popular for its low transaction charge and less problems for making payment . over all it is better , safe and simple way to make payment , so no more effect will get for its stable price .

Easy transactions with Bitcoin does not make him popular. It attracts all growth rates. Therefore, if the price is stabilized, many refuse to Bitcoin

[rizkyhiw]

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 the popularity of bitcoin will not leads into more changes because bitcoin is not only useful for its trading but also popular for its low transaction charge and less problems for making payment . over all it is better , safe and simple way to make payment , so no more effect will get for its stable price .

Easy transactions with Bitcoin does not make him popular. It attracts all growth rates. Therefore, if the price is stabilized, many refuse to Bitcoin

yeah i guess bitcoin popular not because low transaction or easy to use
but because the price that so volatile and it's make a lot of investor interested
you can imagine if the price of bitcoin get stable ?
of course the investors will leaving and bitcoin going to death without investors.

[goldcoinminer]

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 the popularity of bitcoin will not leads into more changes because bitcoin is not only useful for its trading but also popular for its low transaction charge and less problems for making payment . over all it is better , safe and simple way to make payment , so no more effect will get for its stable price .

Easy transactions with Bitcoin does not make him popular. It attracts all growth rates. Therefore, if the price is stabilized, many refuse to Bitcoin

yeah i guess bitcoin popular not because low transaction or easy to use
but because the price that so volatile and it's make a lot of investor interested
you can imagine if the price of bitcoin get stable ?
of course the investors will leaving and bitcoin going to death without investors.

There are different kinds of investors, investors that are here now are those who are just betting on the future of bitcoin and most of them are traders as well. If the price of bitcoin will be stable, there are big merchants that will come in and that will make us profitable.

[The_Dark_Knight]

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 the popularity of bitcoin will not leads into more changes because bitcoin is not only useful for its trading but also popular for its low transaction charge and less problems for making payment . over all it is better , safe and simple way to make payment , so no more effect will get for its stable price .

Easy transactions with Bitcoin does not make him popular. It attracts all growth rates. Therefore, if the price is stabilized, many refuse to Bitcoin

yeah i guess bitcoin popular not because low transaction or easy to use
but because the price that so volatile and it's make a lot of investor interested
you can imagine if the price of bitcoin get stable ?
of course the investors will leaving and bitcoin going to death without investors.

There are different kinds of investors, investors that are here now are those who are just betting on the future of bitcoin and most of them are traders as well. If the price of bitcoin will be stable, there are big merchants that will come in and that will make us profitable.

I don’t think merchants are weary of bitcoin for its price fluctuation since you can use a third party service to deal with bitcoins while you receive cash, I think the problem m is simply adoption.

[agustina2]

The fast profit will happen when bitcoin will be stable, with that statement it is just right to start investing now with the current price as bitcoin is expected to substantially increase its value in the future, we have to be optimistic as we are seeing people are adopting and that is a good sign of success.

stable mean low profit you can't buy and sell immediatelly because the price were too stable,and buying now is actually not a good idea if you're seeking only for profit and can't afford to lose,the current price is too high in my opinion

You are wrong mate if we applied it to fiat trades. Stable price gives decent profit even at smaller range since the price is stable. Stable price of a currency means the currency is strong.

If ever bitcoin will have a stable price then the same happenings to fiat trades will also applied to bitcoin trades. Could you imagine how many people involves in fiat trades if it's not profitable even with stable price?

[Zedpust]

The fast profit will happen when bitcoin will be stable, with that statement it is just right to start investing now with the current price as bitcoin is expected to substantially increase its value in the future, we have to be optimistic as we are seeing people are adopting and that is a good sign of success.

stable mean low profit you can't buy and sell immediatelly because the price were too stable,and buying now is actually not a good idea if you're seeking only for profit and can't afford to lose,the current price is too high in my opinion

You are wrong mate if we applied it to fiat trades. Stable price gives decent profit even at smaller range since the price is stable. Stable price of a currency means the currency is strong.

If ever bitcoin will have a stable price then the same happenings to fiat trades will also applied to bitcoin trades. Could you imagine how many people involves in fiat trades if it's not profitable even with stable price?

When the bitcoin is used as a major currency such as Euro or the Chinease Yuan, it will be much more stable.

[Alauria]

UIf the price of th ebitcoin was stable i dont think that he would be such popular as he is right now you know when the price is gettign stable people
will drop the bitcojn for sure!