Caladonian
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November 01, 2016, 02:44:14 PM |
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I think its popularity would somehow decrease because traders would really switch to another crypto which has more volatile price because they only make money on that movements of each coin thats why they should definitely switch to another coin but in other story it would be popular to some merchants.
yes since bitcoin popularity is increasing so whether the price will be stable it will make more and more adoption coming from merchants that wants to try using the system and btc holders will increase as well for sure.
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MTBTT
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November 01, 2016, 03:28:05 PM |
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I think its popularity would somehow decrease because traders would really switch to another crypto which has more volatile price because they only make money on that movements of each coin thats why they should definitely switch to another coin but in other story it would be popular to some merchants.
yeah traders usually prefer fast movement or prices fluctuate, so that they can benefit quickly ? maybe traders will not use bitcoin as price being stable
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Doamader
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November 01, 2016, 11:12:03 PM |
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This question does split my opinion, because less volatility could mean more people at bitcoin, without those bubble bitcoin would be today an asset similiar like gold, for other side several huge investment made into bitcoin as mining farmers wouldnt get such interest into bitcoin, and bitcoin could be worthing just 20 dollars todays.
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Mr.grin
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November 01, 2016, 11:22:10 PM |
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if it happens, is likely bitcoin is still popular, but many people will stop playing trading, and excess bitcoin will be reduced again. price stability, although sometimes this is very annoying, however, I think it is one of the advantages of bitcoin. so although bitcoin is still popular, but I think the demand has diminished
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Shiroslullaby
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November 01, 2016, 11:29:26 PM |
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Investors in Bitcoin (and most all other altcoins) are hoping for an increase in price. Trading is one of the things that make BTC popular.
There is something to be said for a currency that stays at a consistent value- it can be a safe investment during uncertain times.
Dogecoin and Litecoin didn't move in price much during the Zcash release. I know some investors already believe these to be strong havens during volatile markets, and I would not be shocked if that became their main purpose.
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delliaerd
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November 02, 2016, 02:16:53 AM |
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if it happens, is likely bitcoin is still popular, but many people will stop playing trading, and excess bitcoin will be reduced again. price stability, although sometimes this is very annoying, however, I think it is one of the advantages of bitcoin. so although bitcoin is still popular, but I think the demand has diminished
I agree That high price increased is one of bitcoin advantage. hai friend do you know that bitcoin price would not stable?? yes techincaly, bitcoin price will never stable againdt giat. why?? becouse Goverment is print out money every years depend of the strenght of the country. so The amount of fiat is increaded but the value is reduced. so Bitcoin price will always rise becouse bitcoin have no inflation. so that one of bitcoin advantage will not gone. so do not worry about it.skill full trader will always get their profit in trading.
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Hatuferu
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November 02, 2016, 05:29:48 AM |
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I think its popularity would somehow decrease because traders would really switch to another crypto which has more volatile price because they only make money on that movements of each coin thats why they should definitely switch to another coin but in other story it would be popular to some merchants.
yeah traders usually prefer fast movement or prices fluctuate, so that they can benefit quickly ? maybe traders will not use bitcoin as price being stable You are right with that, that is what I am thinking too. Because traders won't get their time wasted into things that are not going to move and doesn't have a chance to get some profit. So for me, that is i assume to happen too. It won't be popular if the price is going to be stable and the traders and investors will back out their investments with bitcoin. It would be the new generation of adopters that will be here if the price will be stable and I would say bitcoin will still be popular and for sure it would more popular than the current situation, therefore we need to have this opportunity since the price of bitcoin is not that popular yet and we can invest and trade at the same time. Time will come when the price will be stable and we realize no chance to make money anymore, then sell our bitcoins and enjoy the profit.
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aranachristianjay
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November 04, 2016, 11:16:22 AM |
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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.
Even the bitcoin price is not that stable it always be a popular you way back 2015 when the price of bitcoin is so much cheaper than the price right now if you compare the price before in to the present one you will see the big difference in the price and you will encourage to use bitcoin as well investors are still using bitcoin whenever it is low Not really sure about that's if the price of bitcoin stable its depends how many store will adopt bitcoin and if not much of course many investor will leave bitcoin. I don't think the stores and investors will remain in bitcoin if it has a stable price. If that is so, then they will just going to choose fiat money at all. And don't need it to make it digital as there are some payment processors already making fiat money as digital currency already. That is why many investors are getting into bitcoins because of its unstable price.
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talkbitcoin
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November 04, 2016, 11:55:18 AM |
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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.
Even the bitcoin price is not that stable it always be a popular you way back 2015 when the price of bitcoin is so much cheaper than the price right now if you compare the price before in to the present one you will see the big difference in the price and you will encourage to use bitcoin as well investors are still using bitcoin whenever it is low Not really sure about that's if the price of bitcoin stable its depends how many store will adopt bitcoin and if not much of course many investor will leave bitcoin. I don't think the stores and investors will remain in bitcoin if it has a stable price. If that is so, then they will just going to choose fiat money at all. And don't need it to make it digital as there are some payment processors already making fiat money as digital currency already. That is why many investors are getting into bitcoins because of its unstable price. first of all stores, and merchants in general would love it if price is stable, and also people who want to use bitcoin as currency would love it if they could be sure that $1 worth of bitcoin would be the same in a couple of months and doesn't go down. second of all traders won't like it but they won't leave the market either. just the same way they have been trading USD, EUR, .... and so many other fiat currencies that have the same value (nearly stable price).
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Golftech
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November 04, 2016, 12:09:31 PM |
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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.
Even the bitcoin price is not that stable it always be a popular you way back 2015 when the price of bitcoin is so much cheaper than the price right now if you compare the price before in to the present one you will see the big difference in the price and you will encourage to use bitcoin as well investors are still using bitcoin whenever it is low Not really sure about that's if the price of bitcoin stable its depends how many store will adopt bitcoin and if not much of course many investor will leave bitcoin. I don't think the stores and investors will remain in bitcoin if it has a stable price. If that is so, then they will just going to choose fiat money at all. And don't need it to make it digital as there are some payment processors already making fiat money as digital currency already. That is why many investors are getting into bitcoins because of its unstable price. I agree. if bitcoin doesn't have value that increases then there's no person will join this community. we're all here because bitocin has a value that increase. a good chance to invest. sooner, later or in the future it will gives as a lot of profits. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Fatanut
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November 04, 2016, 01:50:32 PM |
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first of all stores, and merchants in general would love it if price is stable, and also people who want to use bitcoin as currency would love it if they could be sure that $1 worth of bitcoin would be the same in a couple of months and doesn't go down.
second of all traders won't like it but they won't leave the market either. just the same way they have been trading USD, EUR, .... and so many other fiat currencies that have the same value (nearly stable price).
The price of bitcoin will always move just by the simple supply and demand law. It's actually a good thing for everyone. They can earn by just holding their coins. Everyone can be a trader, even the store owners can do it. So maybe instead of thinking that the price of bitcoin should be stable, earn by playing with the price of it. To those people who wants to have a 1$ worth of bitcoin and still want it to be 1$ worth of bitcoin tomorrow, I suggest that they continue using fiat. It will never happen in bitcoins.
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deisik
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November 04, 2016, 02:23:13 PM Last edit: November 04, 2016, 02:37:03 PM by deisik |
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second of all traders won't like it but they won't leave the market either. just the same way they have been trading USD, EUR, .... and so many other fiat currencies that have the same value (nearly stable price).
People typically trade currencies on derivatives markets (futures and options markets, before all) and with a leverage, which works as an amplification mechanism, so that even small changes in the price of the underlying cause significant changes in the price of the derivatives. This greatly increases potential profits as well as losses. And if Bitcoin price becomes really rock stable, a Bitcoin derivatives market might eventually evolve... In this way, the Bitcoin price stability wouldn't be an issue for rewarding as well as devastating trading
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Japinat
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November 04, 2016, 02:27:21 PM |
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first of all stores, and merchants in general would love it if price is stable, and also people who want to use bitcoin as currency would love it if they could be sure that $1 worth of bitcoin would be the same in a couple of months and doesn't go down.
second of all traders won't like it but they won't leave the market either. just the same way they have been trading USD, EUR, .... and so many other fiat currencies that have the same value (nearly stable price).
The price of bitcoin will always move just by the simple supply and demand law. It's actually a good thing for everyone. They can earn by just holding their coins. Everyone can be a trader, even the store owners can do it. So maybe instead of thinking that the price of bitcoin should be stable, earn by playing with the price of it. To those people who wants to have a 1$ worth of bitcoin and still want it to be 1$ worth of bitcoin tomorrow, I suggest that they continue using fiat. It will never happen in bitcoins. Fiat is money while bitcoin is investment at least for now. The risk is on investment but only in investment where we have a chance to grow our money. So when the price will be stable, we will no longer earn if we will not invest today.
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TheUltraElite
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November 04, 2016, 02:31:04 PM |
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first of all stores, and merchants in general would love it if price is stable, and also people who want to use bitcoin as currency would love it if they could be sure that $1 worth of bitcoin would be the same in a couple of months and doesn't go down.
second of all traders won't like it but they won't leave the market either. just the same way they have been trading USD, EUR, .... and so many other fiat currencies that have the same value (nearly stable price).
The price of bitcoin will always move just by the simple supply and demand law. It's actually a good thing for everyone. They can earn by just holding their coins. Everyone can be a trader, even the store owners can do it. So maybe instead of thinking that the price of bitcoin should be stable, earn by playing with the price of it. To those people who wants to have a 1$ worth of bitcoin and still want it to be 1$ worth of bitcoin tomorrow, I suggest that they continue using fiat. It will never happen in bitcoins. Fiat is money while bitcoin is investment at least for now. The risk is on investment but only in investment where we have a chance to grow our money. So when the price will be stable, we will no longer earn if we will not invest today. I think bitcoin price will continue to grow big everyday. Hence buying bitcoins and holding them/trading on them is a good investment. Stable price would attract more merchants to accept it but the traders would stop using it.
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Ewinsane
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November 04, 2016, 05:58:57 PM |
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I think its popularity would somehow decrease because traders would really switch to another crypto which has more volatile price because they only make money on that movements of each coin thats why they should definitely switch to another coin but in other story it would be popular to some merchants.
yes since bitcoin popularity is increasing so whether the price will be stable it will make more and more adoption coming from merchants that wants to try using the system and btc holders will increase as well for sure. Yeah you are right that bitcoin are getting more popularity and more people and merchant adopting the bitcoin and now we are able to use bitcoin for direct shopping and you can check the bitcoin price is increasing very faster and maximum people more hold their bitcoin for higher price .
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bestluck
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November 04, 2016, 06:17:14 PM |
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In my view only time can give the right answer, because there are users who stands away from bitcoin and other digital currencies due to the fluctuating price. At the same most users who were using bitcoin for a long got attracted by the varying price. So rather than these strategies people need to understand the true potential of bitcoin. Only then they can have a satisfaction with bitcoin usage.
These are those people who stay attached to bitcoin because of its varying price who are traders and buy and sell bitcoins and who hold bitcoins for future for them the fluctuation in price is better while those people who only want to store their money in bitcoin and who want to start their long term business in bitcoin they want a stable price of bitcoin.
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bitdumper
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November 04, 2016, 06:32:10 PM |
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if bitcoin has a stable price then it will surely preparing for something big but yes it will be popular a lot if it has a stable price not like the faints but as a little risky than frequently ups and down that will atleast slow down the risk level for everyone
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bitjoin
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November 04, 2016, 06:35:37 PM |
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I think if the price went constantly down it would lose popularity. Price has to go up long term to keep new interest. Even with the current slow increase we've been having over last year or so its still not enough to get people interested. Bitcoin social media is quiet still unless we get new ATHs.
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lakisis
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November 04, 2016, 09:43:28 PM |
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I think if the price went constantly down it would lose popularity. Price has to go up long term to keep new interest. Even with the current slow increase we've been having over last year or so its still not enough to get people interested. Bitcoin social media is quiet still unless we get new ATHs.
i agree with you if bitcoin drop its price then people will be never interested in bitcoin but bitcoin more increasing its price and a lot of people want to adopt the bitcoin and bitcoin price depend on adoption of bitcoin when adoption increase then bitcoin price already increase and when adoption decrease then bitcoin price already decreasing.
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mirakal
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November 05, 2016, 04:55:59 AM |
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I believe that stability comes hand in hand with the amount of trust people would put into a currency. The more it is trusted, the more people will use it. Because in the minds of ordinary consumers, stability is what matters most.
Of course that is the way to achieve price stability, for sure we will reach into that level in the future.. The price of bitcoin now is not yet stable and it has gain the interest of the investors an traders and now is the right time to invest because in the future it will be stable.
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