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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171694 times)
dhampir-D
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December 02, 2016, 08:53:16 PM
 #1061

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?
A range between 0.1 and 0.01 USD would be volatility enough to attract the attention of many speculators. But such value would not make sense, because Bitcoin's available supply in the market is very limited, more limited than most people think.
As soon as Bitcoin touched such a value people would buy in large quantities, causing a strong upward trend in the market.
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December 02, 2016, 09:20:55 PM
 #1062

It would still be popular mainly because of the anonymity and fast transactions it gives to the users, and relative to other payment methods like paypal, credit cards etc., it has way lower fees than those.
I doubt it will be still popular with statable price. Remind the time about a month ago when the price for bitcoin seems get frozen around 600$ how everybody get nerved. I think bitcoin would loose many users in the case of fixed price. It would stop to be so interesting as now.
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December 02, 2016, 09:35:09 PM
 #1063

Bitcoin can not have a stable price due to some factors. My question is, How do you hold the value of bitcoin if you were informed it will fall in a week ?
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December 03, 2016, 02:11:08 AM
 #1064

If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.
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December 03, 2016, 05:05:25 AM
 #1065

If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.
It's the effect of being popular, I guess with the current status of bitcoin we can call it popular already as it's a global currency and at the same time can be called as investment. More and more people will adopt since it's easy to use bitocin and beneficial for the people who love to transact online.

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December 03, 2016, 07:14:25 AM
 #1066

Bitcoin can not have a stable price due to some factors. My question is, How do you hold the value of bitcoin if you were informed it will fall in a week ?

Even you will be informed that bitcoin will fall in a week, how can you be sure that the price of bitcoin will be decreasing. We can easily know the signs of bitcoins price to fall but not just because the price is falling you will sell already your bitcoins. And if the price is stable I don't think that many will be dying to invest with it.



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December 04, 2016, 05:13:02 AM
 #1067

If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.

Bitcoin is popular because it's volatile not because it's easy,fast etc. Now days banking transactions are also happening  fast and online banking/debit/credit cards made transaction more fast, and your fund in bank is also easy to access for you from computer/mobile.

Bitcoin getting popularity because it's price going high so more and more people knowing about Bitcoin.

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December 04, 2016, 05:18:31 AM
 #1068

Im going to say yes i figure it out that bitcoin had a stable price it would be still a popular coins in the world bitcoin is growing with it's community and more are going to use bitcoin but there are disadvantage of this traders are going to be mad because they can't make profit anymore with bitcoin.

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December 04, 2016, 05:27:27 AM
 #1069

If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.

Bitcoin is popular because it's volatile not because it's easy,fast etc. Now days banking transactions are also happening  fast and online banking/debit/credit cards made transaction more fast, and your fund in bank is also easy to access for you from computer/mobile.

Bitcoin getting popularity because it's price going high so more and more people knowing about Bitcoin.
I am sorry but you are only looking at one side of the coin, it's not only popular because of the price but because of the usage of bitcoin. Check the gambling industry and you will know how they have grown so fast, and that is because of the bitcoin online gambling. It's the fuel that helps gambling sites to be more profitable as it attracts more gamblers to play without restriction.
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December 04, 2016, 05:30:48 AM
 #1070

If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.

Bitcoin is popular because it's volatile not because it's easy,fast etc. Now days banking transactions are also happening  fast and online banking/debit/credit cards made transaction more fast, and your fund in bank is also easy to access for you from computer/mobile.

Bitcoin getting popularity because it's price going high so more and more people knowing about Bitcoin.
I am sorry but you are only looking at one side of the coin, it's not only popular because of the price but because of the usage of bitcoin. Check the gambling industry and you will know how they have grown so fast, and that is because of the bitcoin online gambling. It's the fuel that helps gambling sites to be more profitable as it attracts more gamblers to play without restriction.

Can't tell if you're being serious. Bitcoin gambling is only a minority of all transactions and usage. When the US came down hard on Bitcoin gambling laws, Bitcoin didn't dent in at all. Gambling is only one aspect of cryptocurrencies.
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December 04, 2016, 05:49:55 AM
 #1071

If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.

Bitcoin is popular because it's volatile not because it's easy,fast etc. Now days banking transactions are also happening  fast and online banking/debit/credit cards made transaction more fast, and your fund in bank is also easy to access for you from computer/mobile.

Bitcoin getting popularity because it's price going high so more and more people knowing about Bitcoin.
I am sorry but you are only looking at one side of the coin, it's not only popular because of the price but because of the usage of bitcoin. Check the gambling industry and you will know how they have grown so fast, and that is because of the bitcoin online gambling. It's the fuel that helps gambling sites to be more profitable as it attracts more gamblers to play without restriction.

Price is the basic reason of Bitcoin popularity and Bitcoin uses gone high because price of Bitcoin  has  gone high that's why it's known by crowd.
If a hero plays role in one flop film crowed will not know him for long term but a hero plays role in a super hit film than big crowed will know him for long term and he will become celebrity.

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December 04, 2016, 06:02:56 AM
 #1072

Im going to say yes i figure it out that bitcoin had a stable price it would be still a popular coins in the world bitcoin is growing with it's community and more are going to use bitcoin but there are disadvantage of this traders are going to be mad because they can't make profit anymore with bitcoin.
However, it may take up to hundred year for bitcoin to become popular with a stable price. The increasing in Bitcoin price is the best way to make people pay attention to Bitcoin. Just imagine that: today, Bitcoin price is $760 and if one year later, it is $7600, people will be shocked when look at the Bitcoin price and start thinking what the heck is going on and they will join the Bitcoin world to obtain its advantages as soon as possible. And thus, it will be popular than ever
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December 04, 2016, 07:10:55 AM
 #1073

Im going to say yes i figure it out that bitcoin had a stable price it would be still a popular coins in the world bitcoin is growing with it's community and more are going to use bitcoin but there are disadvantage of this traders are going to be mad because they can't make profit anymore with bitcoin.
However, it may take up to hundred year for bitcoin to become popular with a stable price. The increasing in Bitcoin price is the best way to make people pay attention to Bitcoin. Just imagine that: today, Bitcoin price is $760 and if one year later, it is $7600, people will be shocked when look at the Bitcoin price and start thinking what the heck is going on and they will join the Bitcoin world to obtain its advantages as soon as possible. And thus, it will be popular than ever
To be more attractive to the people and make them believe that we are stable, they need to witness a gradual increase because it's the normal thing that must happen. With abrupt increase, it might not make them adopt as they are afraid of the possible dump like what happen in the past, we just have to make it slowly but consistent and that is what is happening now.

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December 04, 2016, 11:10:32 AM
 #1074

If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.

Bitcoin is popular because it's volatile not because it's easy,fast etc. Now days banking transactions are also happening  fast and online banking/debit/credit cards made transaction more fast, and your fund in bank is also easy to access for you from computer/mobile.

Bitcoin getting popularity because it's price going high so more and more people knowing about Bitcoin.
I am sorry but you are only looking at one side of the coin, it's not only popular because of the price but because of the usage of bitcoin. Check the gambling industry and you will know how they have grown so fast, and that is because of the bitcoin online gambling. It's the fuel that helps gambling sites to be more profitable as it attracts more gamblers to play without restriction.

Can't tell if you're being serious. Bitcoin gambling is only a minority of all transactions and usage. When the US came down hard on Bitcoin gambling laws, Bitcoin didn't dent in at all. Gambling is only one aspect of cryptocurrencies.
I think so, Gambling industry is actually not that much giving an impact to bitcoin, and i've seen nowadays that most gambler only use the faucets bonus to gain some free profit whilst the actual gambler who spent their hard earned money there is not that much as faucet hunters,and i'm sure that the majority demands for bitcoin didn't come from gambling

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December 04, 2016, 12:46:59 PM
 #1075

I dont think it would be as popular as this and the poster above claiming that gamblers will still be using it but I can say that the population of people in Bitcoin are mostly into it because of the instability in the price in the sense that I can invest 1000$ dollars now and in the next two days could turn to 1100$ or even more than that on the otherhand I can equally lose it which might likely not happen.
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December 04, 2016, 01:02:50 PM
 #1076

The increased price of bitcoin is the attraction of bitcoin compared to its highly volatile nature. If bitcoin price found stable, sure it will be popular same as now or a bit less than the present. The reason is that, certain percentage of users were staying away from bitcoin because of its unpredictable price movement. When price becomes stable, such users starts using bitcoin.

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December 04, 2016, 01:11:46 PM
 #1077

Even now, we do all know that the price of bitcoin is not stable and it popular. Then if things will happen  that bitcoin will have the chance to be stable, then it is not only be more popular it would also be the only cryptocurrency that will be able to the users to use. It will become the future in every users in bitcoin, become more stable and more progressive in the future.
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December 04, 2016, 01:20:02 PM
 #1078

I think it would continue to be popular, because Bitcoin would continue to have many real use cases, in addition to the use for speculation.
Bitcoin works, and would continue to work, as a safe and efficient way of storing value. Moreover, if the price drop to such a low point, as you said, the demand would increase absurdly.
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December 13, 2016, 04:44:37 PM
 #1079

I think it would have been more popular than it is being unstable .because proabability of unstability is zero,so it says that the bitcoins would not be there tomorrow ,so its better if bitcoins price comes to a stable , but it would not happen no sooner.

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December 13, 2016, 04:55:49 PM
 #1080

Even now, we do all know that the price of bitcoin is not stable and it popular. Then if things will happen  that bitcoin will have the chance to be stable, then it is not only be more popular it would also be the only cryptocurrency that will be able to the users to use. It will become the future in every users in bitcoin, become more stable and more progressive in the future.
Indeed, people like the currency become stable which makes bitcoin more trustworthy and feel safer instead of has risk to crash and lost their money. But, I don't think it will happen in the nearly future due to the price still low and could reach at least $5000 and then become more stable, maybe in 5-15 years later.
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