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

[CyberKuro]

No. Bitcoin can not be stable, because it is not controlled by anyone and depends only on user activity.

Is that what you think? In my own experience since i started use bitcoin in my daily transaction and see's what really happens on bitcoin i think 1 country had a full control of the price of bitcoin thats why the price decrease and increase that fast what do you think

I would rather not think of this on a country basis but I do agree that such things are true since the population using bitcoin is a very small fraction of the entire world and hence they cant influence the price to change by huge amounts in a single month. So maybe there are some underground operations going on and the prices are being pumped by specific countries.

Full control? I doubt it, manipulate maybe, but bitcoin has spread widely over the world which makes it balance in order to avoid big manipulation. You know, even a country that you mean start to dump bitcoin price fall down below $700, than it will be pleasure for others to buy bitcoin at cheaper price and it will climb up again. And, I don't think a country, it just some people who lives on that country and people won't do something stupid to ruin their bitcoin investment.

[Wintersoldier]

it'll be popular for online savings and be more worthy to be a payment processor, so many big company won't accept bitcoin nowaday because of its fluctuation will give risk to those company to receive less value than what they should received,but we will lost those traders,so market will get a little bit slow i think

Pricr of bitcoin is one of the main reason people prefer on using it. If bitcoin will have a stable price , popularity will be not the first effec of it. As you saiid fluctuation will give risk on businesses on accepting bitcoin so if the price of it will ne stable risk will be lessen on transaction because the price is always changing as the word stability is going to happen to bitcoin. As trader the always relay on price and value on deciding whether to buy or hold my bitcoin to have a better ttade so stablity may differ all trading issues on some countries.

[TheUltraElite]

I am sure, although bitcoin prices remain stable, it will become popular. Well, bitcoin prices are higher than other altcoin prices. So of course bitcoin hunters will still look for bitcoin, not as an investment, but as money will be made in cash.

I doubt it. Few people use bitcoin only because of anonymity. Many bitcoins attract only a steady rise in price. Bitcoin will lose a lot of users if this happens

It is true that the bitcoin users thrive for the use of bitcoin as a trading material and less as a currency. More volumes are bought and sold these days and the prices are bound to rise. As more people start to use the coin and buy it the prices rise. This attracts traders to invest in it and make profits when they sell it a lower prices than that what they bought at.

[deisik]

Stable bitcoin is like bread without butter. It will have no charm and people who are using it as a mean of investment will leave it completely. Therefore, there will be a complete downward surge in the demand of Bitcoins and it will ultimately turn to be extinct commodity with no value

That's bullshit like skull without brains

Only short term traders are going to leave, but no one will give a fuck about them. You certainly forget about the other side of the coin. Namely, that Bitcoin value is one thing while Bitcoin price is a completely different one. Bitcoin price is quoted in various currencies, and while its value may remain rock solid (or even frozen) that doesn't in the least mean that its price will be. If Bitcoin does become stable (which is unlikely, anyway), investors will get even more interested in it since they will use it as a store of value. Somehow, I don't see that the US dollar is very unpopular due to its stability

[Xenophoto]

it'll be popular for online savings and be more worthy to be a payment processor, so many big company won't accept bitcoin nowaday because of its fluctuation will give risk to those company to receive less value than what they should received,but we will lost those traders,so market will get a little bit slow i think

Pricr of bitcoin is one of the main reason people prefer on using it. If bitcoin will have a stable price , popularity will be not the first effec of it. As you saiid fluctuation will give risk on businesses on accepting bitcoin so if the price of it will ne stable risk will be lessen on transaction because the price is always changing as the word stability is going to happen to bitcoin. As trader the always relay on price and value on deciding whether to buy or hold my bitcoin to have a better ttade so stablity may differ all trading issues on some countries.

Supposed that one day the price of bitcoin just become stable for no reason, the popularity of it is the first thing that's going to be affected. Bitcoin is just as strong as its people and with a major change like this in bitcoins, the popularity (or user base, if you will) will move. Look at the hard fork issue. FUD was everywhere and the hard fork implementation was a major news about bitcoins, people moved to a different coin and made the price of bitcoin go down.

With every major update in bitcoins, the popularity will move.

PS: Please improve the delivery of your thought. I can hardly understand what you're saying.

[ekoice]

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 had a stable price,then more merchants would accept bitcoin as payment.Bu traders would lose their interest in buying bitcoins as they get profit due to the unstable price of bitcoin.

[stompix]

Stable bitcoin is like bread without butter. It will have no charm and people who are using it as a mean of investment will leave it completely. Therefore, there will be a complete downward surge in the demand of Bitcoins and it will ultimately turn to be extinct commodity with no value

That's bullshit like skull without brains

Only short term traders are going to leave, but no one will give a fuck about them. You certainly forget about the other side of the coin. Namely, that Bitcoin value is one thing while Bitcoin price is a completely different one. Bitcoin price is quoted in various currencies, and while its value may remain rock solid (or even frozen) that doesn't in the least mean that its price will be. If Bitcoin does become stable (which is unlikely, anyway), investors will get even more interested in it since they will use it as a store of value. Somehow, I don't see that the US dollar is very unpopular due to its stability

If we start from the assumption that the bitcoin price would be flat from now to eternity every damn trader would leave , short, medium , long with a large cola.
Traders are no always investors. And btc traders certainly not.

Now let's just compare the volatility of the us dollar to the euro and to bitcoin.
The largest monthly drop was just below 0.07% between usd and euro , should we compare it to btc?
Even the madagascarian penguin dollar  is stable compared to the fluctuation we have around here.

[Rinder]

Price is a big question for the most, atleast for me it is, if i have 100 dollars i wont invest into bitcoin i will invest into altcoins wich i can make easy profit from a change in the value. I do believe if the price were more stable we would had reached another status, like legalized currencie and could become a saving option for all people, even knowing for this purpose it would need to get bigger value then it has now.

[MMA]

Price is a big question for the most, atleast for me it is, if i have 100 dollars i wont invest into bitcoin i will invest into altcoins wich i can make easy profit from a change in the value. I do believe if the price were more stable we would had reached another status, like legalized currencie and could become a saving option for all people, even knowing for this purpose it would need to get bigger value then it has now.

yes i think it will also remain as popular because then people will be using it for shopping purposes, so i do not think the importance of bitcoin is ever decreasing. i am hopeful that its importance will continne.

[Pinkris128]

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?

There is a chance since price doesn't matter in order to give or use something's value.

[MingLee]

Price is a big question for the most, atleast for me it is, if i have 100 dollars i wont invest into bitcoin i will invest into altcoins wich i can make easy profit from a change in the value. I do believe if the price were more stable we would had reached another status, like legalized currencie and could become a saving option for all people, even knowing for this purpose it would need to get bigger value then it has now.

yes i think it will also remain as popular because then people will be using it for shopping purposes, so i do not think the importance of bitcoin is ever decreasing. i am hopeful that its importance will continne.

I personally don't subscribe to the thought that most people use Bitcoin for shopping, I believe a majority of people use it for a lot of different purposes, the most common of which is often speculation or just holding for the market to go up. If there were more shops across the board that accepted Bitcoin, then I could see it being a more popular portion of the community, but the taste of money is just something most people don't want to ever see get out of their mouths.
Bitcoin will continue to be important as long as the community remains captivated.

[ipungadhi]

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?

There is a chance since price doesn't matter in order to give or use something's value.

Fluctuations are popular because most users are traders, when bitcoin becomes stable of course the trader will leave. Maybe the popularity of bitcoin will decrease

[rebakela]

If bitcoin had experienced a stable price it would have been never be so popular as it is now, I'm also thinking this because people invested in the bitcoin because it was a easy profit maker

[Sled]

If bitcoin had experienced a stable price it would have been never be so popular as it is now, I'm also thinking this because people invested in the bitcoin because it was a easy profit maker

I think you are wrong because if bitcoin is stable on its price then it will become easier for other countries and stores to accept bitcoin as a payment because they will not be confused in putting a price on their products because bitcoin has a fixed value just like fiat and it has a lot of advantages rather than fiat so it will become more popular.

[xSkylarx]

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?

BTC will still stay popular because it has a lot of edges it can offer but it is in no doubt that if this will happen the BTC will lose one of its edges but also having a stable price means less risks in your money and let it rest without worrying too much though I still prefer BTC's fluctuating price because I make a lot of profit with it.

[Finestream]

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?

BTC will still stay popular because it has a lot of edges it can offer but it is in no doubt that if this will happen the BTC will lose one of its edges but also having a stable price means less risks in your money and let it rest without worrying too much though I still prefer BTC's fluctuating price because I make a lot of profit with it.

It will not be popular, the amount stated was close to being worthless and the current price with $1,200 per bitcoin now is already a big success, so when we will see the value of bitcoin is just $0.01-0.10, I think no one will ever gonna buy bitcoin anymore. At that time, maybe there's a new crypto currency that will take over the position of bitcoin and it could be the ETH or DASH.

[Peashooter]

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?

BTC will still stay popular because it has a lot of edges it can offer but it is in no doubt that if this will happen the BTC will lose one of its edges but also having a stable price means less risks in your money and let it rest without worrying too much though I still prefer BTC's fluctuating price because I make a lot of profit with it.

It will not be popular, the amount stated was close to being worthless and the current price with $1,200 per bitcoin now is already a big success, so when we will see the value of bitcoin is just $0.01-0.10, I think no one will ever gonna buy bitcoin anymore. At that time, maybe there's a new crypto currency that will take over the position of bitcoin and it could be the ETH or DASH.

I agree. There would be no sense of pumpiny and dumping if that happen so and crypto currency exchange would not be launhed then.

[atronite]

People who are earning bitcoins will be satisfied to see the stable price of bitcoins and they will continue to earn bitcoins as it can give them stable income but those who are involved in trading will surely not like the stable price of bitcoins as with stable price they cannot make good profits which they are making at a moment with price fluctuations.

[ethereumhunter]

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?

BTC will still stay popular because it has a lot of edges it can offer but it is in no doubt that if this will happen the BTC will lose one of its edges but also having a stable price means less risks in your money and let it rest without worrying too much though I still prefer BTC's fluctuating price because I make a lot of profit with it.

It will not be popular, the amount stated was close to being worthless and the current price with $1,200 per bitcoin now is already a big success, so when we will see the value of bitcoin is just $0.01-0.10, I think no one will ever gonna buy bitcoin anymore. At that time, maybe there's a new crypto currency that will take over the position of bitcoin and it could be the ETH or DASH.

i agree, with the value of bitcoin that we can get, i don't think that the price will be back into $0.01-$0.10 again like the beginning and if so, i think there will be a new innovations that will give more benefits than bitcoin and i am sure that people will moving from bitcoin into the new one. but so far, bitcoin will be stay as the best investment and many people wants to join into bitcoin world.

[wicaksono]

As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10
So what are you waiting for, just believe with bitcoin now