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

[Qunenin]

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?

This thing won't happen, because bitcoin is supported by us, the users, maybe it will go down but will not crashed as it was stated by the OP seems so impossible to happen then.
Bitcoin will received continual support because it gives people big amount revenue.

Yes, bitcoin will not be in that value because bitcoin has many supports that makes it in high value and increasing value.
The same thing with stability of the price the demand will increase so the value will increase too, stability is not applicable in the currencies.

[BrewMaster]

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?

This thing won't happen, because bitcoin is supported by us, the users, maybe it will go down but will not crashed as it was stated by the OP seems so impossible to happen then.
Bitcoin will received continual support because it gives people big amount revenue.

Yes, bitcoin will not be in that value because bitcoin has many supports that makes it in high value and increasing value.
The same thing with stability of the price the demand will increase so the value will increase too, stability is not applicable in the currencies.

that is only true to some extent. because currencies also can have stable prices. but the stability meaning changes. right now for bitcoin stability can mean the price goes up or down less than $50 but in any other currency it means changing 0.1
in time this $50 will go down to $1 and lower and becomes as stable as any other currency

[Malsetid]

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?

This thing won't happen, because bitcoin is supported by us, the users, maybe it will go down but will not crashed as it was stated by the OP seems so impossible to happen then.
Bitcoin will received continual support because it gives people big amount revenue.

Yes, bitcoin will not be in that value because bitcoin has many supports that makes it in high value and increasing value.
The same thing with stability of the price the demand will increase so the value will increase too, stability is not applicable in the currencies.

I agree. Especially if it's used for trading. I think a lot of people are actually attracted to butcoin's fluctuation more so during the rate huke at the beginning of the year. I was able to convince a couple of friends within a week just by showing to them the movement of bitcoins during the first week of january and explaining to them that if the price then drops, that would be the best time to buy btc and then wait for another hike like that.

[Musent]

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?

This thing won't happen, because bitcoin is supported by us, the users, maybe it will go down but will not crashed as it was stated by the OP seems so impossible to happen then.
Bitcoin will received continual support because it gives people big amount revenue.

Yes, bitcoin will not be in that value because bitcoin has many supports that makes it in high value and increasing value.
The same thing with stability of the price the demand will increase so the value will increase too, stability is not applicable in the currencies.

I agree. Especially if it's used for trading. I think a lot of people are actually attracted to butcoin's fluctuation more so during the rate huke at the beginning of the year. I was able to convince a couple of friends within a week just by showing to them the movement of bitcoins during the first week of january and explaining to them that if the price then drops, that would be the best time to buy btc and then wait for another hike like that.

Price fluctuations in bitcoin makes it more attractive and people are taking best advantage of each and every fluctuation by making good profits in trading, if price would get stable then surely the traders would hate that situation as it will take away opportunity from them to make quick profits.

[davids]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin

Of course the retailers prefer the stable prices because they have to buy bitcoin using fiat most of the time and they would regret having to sell it at lower price if prices fall during the day.

but Bitcoin price cannot stay stable for long.

The reason being bitcoin used as a trading commodity mostly and some pump and dump happening. The price makes bitcoin popular to buy and sell and the fluctuation are main point of attraction for the traders.

fluctuation are main point for the traders to get profit from bitcoin. when bitcoin price get stable, fluctuation can be decrease and make some traders move to altcoin to get profit from pump and dump

[legendbtc]

i think the main advantage of it is that its price is continuesly rising and if its price became stable definetly it loses its popularity upto many extend because there is a huge list of user which are using it just for investment...... if its price get stable  would loses its users which are using it just for investment

yes the huge list of the investors are because of the investment of them but I do not think that it is beneficial because those people who only invest for profit will immediately sell all of these when the price increase while those who adopt it for their business will stay with  in every time.

i don't think so that any investor immediately sell his bitcoin when price increase upto some extent i know some of my friend who only use it just for the purpose of investment they buy it at the low trate and sell it when price get maximum so its price get stable bitcoin will lose huge number of users......

My prediction will also be same because many people showing towards bitcoin due to it's price, because many people have an opinion that when we invest into bitcoin, after some time we can make some profit from it. But if it is stable like fiat means lot of user will not show any interest towards bitcoin.

[webtricks]

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?

If Bitcoin price go stable then Bitcoin is going to face huge problems. For now in most of the countries, Bitcoin is consider as Investment not currency. A court in US declared Bitcoin as investment during hearing of one case and as a result accused was saved! But if price become fix then Bitcoin will loose its utility as investment and will be tagged as "currency"! Once its use is restricted to currency maybe the chance that its poplarity doesn't decrease but governments gonna take strict actions against it.

[gabmen]

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?

If Bitcoin price go stable then Bitcoin is going to face huge problems. For now in most of the countries, Bitcoin is consider as Investment not currency. A court in US declared Bitcoin as investment during hearing of one case and as a result accused was saved! But if price become fix then Bitcoin will loose its utility as investment and will be tagged as "currency"! Once its use is restricted to currency maybe the chance that its poplarity doesn't decrease but governments gonna take strict actions against it.

I agree and i like what you've said there that btc is considered as an investment because it basically is right now. The price movement i think attracts more people to btc more than because of btc's features and benefits.

[bestluck]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin but Bitcoin price cannot stay stable for long.

very likely that in the future bitcoin prices can be stabilized dude and it is feared by many traders, because traders depend on fluctuations to earn big profits quickly, i cant imagine what will happen to bitcoin if it happen

That is right that if the price of bitcoin got stability then the traders will decrease their interest in its price but it is sure that the demand of it will increase more because the international business often depend on that currency which have a much stability for its price.

[noormcs5]

i think the main advantage of it is that its price is continuesly rising and if its price became stable definetly it loses its popularity upto many extend because there is a huge list of user which are using it just for investment...... if its price get stable  would loses its users which are using it just for investment

yes the huge list of the investors are because of the investment of them but I do not think that it is beneficial because those people who only invest for profit will immediately sell all of these when the price increase while those who adopt it for their business will stay with  in every time.

i don't think so that any investor immediately sell his bitcoin when price increase upto some extent i know some of my friend who only use it just for the purpose of investment they buy it at the low trate and sell it when price get maximum so its price get stable bitcoin will lose huge number of users......

Yes, most people buy bitcoins to keep it save and get long term prices. So if bitcoin prices remain stable, it will even more give confidence to the investors.  Only the short term traders who wanna earn quickly will hate stable bitcoin prices.

[praboso96]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin but Bitcoin price cannot stay stable for long.

very likely that in the future bitcoin prices can be stabilized dude and it is feared by many traders, because traders depend on fluctuations to earn big profits quickly, i cant imagine what will happen to bitcoin if it happen

That is right that if the price of bitcoin got stability then the traders will decrease their interest in its price but it is sure that the demand of it will increase more because the international business often depend on that currency which have a much stability for its price.

I do not think that the world of business today shows little interest in Bitcoin due to the fact that its price is not stable.
I am sure that this price movement has attracted many to the Bitcoin community.

[bit1]

I do not think that the world of business today shows little interest in Bitcoin due to the fact that its price is not stable.
I am sure that this price movement has attracted many to the Bitcoin community.

Well, it depends if we consider that for example the buying and selling operations have to yield a profit margin and not a loss based on the value of the article or service provided, we are going to assume that you are selling a product and you accept BTC, but it turns out that you have to dispose the cash a few hours later to buy your supplies or pay for a service, then you realize unfortunately that the price went down quite a bit, then you will be forced to sell at a loss, and it would have been as if you were selling well below the value of the original merchandise, and here you realize that there is a lot of risk involved for this type of transactions, as you can not be sure how much variation the price will present, I hope that it gives you a clear example of why maybe business shows little interest in BTC, at least until now.

[boyptc]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin but Bitcoin price cannot stay stable for long.

very likely that in the future bitcoin prices can be stabilized dude and it is feared by many traders, because traders depend on fluctuations to earn big profits quickly, i cant imagine what will happen to bitcoin if it happen

That is right that if the price of bitcoin got stability then the traders will decrease their interest in its price but it is sure that the demand of it will increase more because the international business often depend on that currency which have a much stability for its price.

Possibility of that to happen is very high. Because traders are here because they know that they can get profit for having a lot of signals for the unstable price of bitcoin. And the same thing with stocks trading, they love to invest with it and the bitcoin economy is becoming alive because of those people who are investing in it.

[Jasad]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin but Bitcoin price cannot stay stable for long.

very likely that in the future bitcoin prices can be stabilized dude and it is feared by many traders, because traders depend on fluctuations to earn big profits quickly, i cant imagine what will happen to bitcoin if it happen

That is right that if the price of bitcoin got stability then the traders will decrease their interest in its price but it is sure that the demand of it will increase more because the international business often depend on that currency which have a much stability for its price.

I do not think that the world of business today shows little interest in Bitcoin due to the fact that its price is not stable.
I am sure that this price movement has attracted many to the Bitcoin community.

indeed it is attracted a lot of people but as investment ,
not as a new financial technology or as currency to spend just like fiat ,
this situation a little bit confusing actually for me ,
when it is good to see a lot of interest but the function as payment tool slowly feel like disappear.

[Kasabus]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin but Bitcoin price cannot stay stable for long.

very likely that in the future bitcoin prices can be stabilized dude and it is feared by many traders, because traders depend on fluctuations to earn big profits quickly, i cant imagine what will happen to bitcoin if it happen

That is right that if the price of bitcoin got stability then the traders will decrease their interest in its price but it is sure that the demand of it will increase more because the international business often depend on that currency which have a much stability for its price.

I do not think that the world of business today shows little interest in Bitcoin due to the fact that its price is not stable.
I am sure that this price movement has attracted many to the Bitcoin community.

indeed it is attracted a lot of people but as investment ,
not as a new financial technology or as currency to spend just like fiat ,
this situation a little bit confusing actually for me ,
when it is good to see a lot of interest but the function as payment tool slowly feel like disappear.

You could think that way if your basis is only on this forum. We are promoting bitcoin here for the intention to earn but I believe there are people who are more interested to just spending it. Bitcoin is popular as a tool to transact in the dark market and gambling as well, that volume is big enough to create demand which gives us a good price.

[shield132]

Well, if we'll discuss about that, it has positive and negative sides. For example many traders are using bitcoin because of it's often chageable price, if bitcoin will become stable, in fact we loose such type of people, also many people has hopes that they'll buy bitcoins when it's price is cheap and than they'll wait for it's rise up. Another side is that many famouse website and business owners aren't accepting bitcoin because of it's changeable price, if it'll become stable, than they will accept bitcoin as a payment system. At least we have to lost one side of people, traders and some simple users or business owners.

[RealPhotoshoper]

If the bitcoin has a stable price It will be still popular with many retailers accept bitcoin

Of course the retailers prefer the stable prices because they have to buy bitcoin using fiat most of the time and they would regret having to sell it at lower price if prices fall during the day.

but Bitcoin price cannot stay stable for long.

The reason being bitcoin used as a trading commodity mostly and some pump and dump happening. The price makes bitcoin popular to buy and sell and the fluctuation are main point of attraction for the traders.

yeaaa the current volatile price is only having a lot of benefit for investor and trader.
future money purpose of bitcoin in doubt with this feature.
i personally that have small business in real life and accept bitcoin feel uncomfortable with this volatile price honestly.

Current situation is not conducive to the adoption of bitcoin in day-to-day life use.  Currencies like US Dollars, Euro, etc keep on changing their rates on day to day basis. However the difference is so low that normal trader or person does not notice it. It is noticeable only to someone who trades internationally(or forex). Here every fluctuation and every tremor in bitcoin price is felt equally by users across the world. Thus too much fluctuation is a hurdle for traders/small-business houses.

Yeaa really hard to accept the fact that a lot of merchants refuses to adopt bitcoin due this reason.
But a stable price will not be a good option too for those people who love to exploit it and make money.
A common people will surely prefer to choose a stable price so they can actively trade offline without fear losing value.

[lienfaye]

Well, if we'll discuss about that, it has positive and negative sides. For example many traders are using bitcoin because of it's often chageable price, if bitcoin will become stable, in fact we loose such type of people, also many people has hopes that they'll buy bitcoins when it's price is cheap and than they'll wait for it's rise up. Another side is that many famouse website and business owners aren't accepting bitcoin because of it's changeable price, if it'll become stable, than they will accept bitcoin as a payment system. At least we have to lost one side of people, traders and some simple users or business owners.

You are right, business owners might consider btc as payment method if the price became stable for the convenience that it can give but i think it wont be as popular as now if the price is stable. many users are investing in btc because of the unstable price and for that we are able to earn.

[X-ray]

Well, if we'll discuss about that, it has positive and negative sides. For example many traders are using bitcoin because of it's often chageable price, if bitcoin will become stable, in fact we loose such type of people, also many people has hopes that they'll buy bitcoins when it's price is cheap and than they'll wait for it's rise up. Another side is that many famouse website and business owners aren't accepting bitcoin because of it's changeable price, if it'll become stable, than they will accept bitcoin as a payment system. At least we have to lost one side of people, traders and some simple users or business owners.

You are right, business owners might consider btc as payment method if the price became stable for the convenience that it can give but i think it wont be as popular as now if the price is stable. many users are investing in btc because of the unstable price and for that we are able to earn.

the unstability of the rate is no more problem since bitcoin payment gateway been invented by some company like coinbase and bitpay which allow you to convert the bitcoin to fiat right after the payment made
so you're mentioning unrelevant problem which is already solved from few months ago, there's no more to argue regarding this problem

[Fatanut]

Well, if we'll discuss about that, it has positive and negative sides. For example many traders are using bitcoin because of it's often chageable price, if bitcoin will become stable, in fact we loose such type of people, also many people has hopes that they'll buy bitcoins when it's price is cheap and than they'll wait for it's rise up. Another side is that many famouse website and business owners aren't accepting bitcoin because of it's changeable price, if it'll become stable, than they will accept bitcoin as a payment system. At least we have to lost one side of people, traders and some simple users or business owners.

I agree with the first one but I kind of doubt the second one. Just because bitcoins have a stable price, doesn't mean that they would automatically accept it. I think the primary reason why they aren't accepting bitcoins is because there's not that much people using it anyway. Everyone's using swipe cards and Paypal.

If they are going to accept bitcoins, then they would have to add another payment method on their system and then even add some more algorithms into cashing out the bitcoins into fiat form. All of these would cost money and the company owner is probably thinking that accepting bitcoins wouldn't bring as much profit as what it would cost to add it to their system. That's simply bad investment unless everyone's looking for bitcoin as payment method.