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PhucS
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April 26, 2017, 04:44:45 PM |
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I think if Bitcoin has a stable price, it is still used by many users and will even become more popular. It will attract more people. Stable prices will make it more bold to invest in Bitcoin because when bitcoin prices fluctuate, few people dare to invest because they fear that Bitcoin will go down, they will lose profits. However, traders would not like it because they would have little profit in trading Bitcoins if Bitcoin prices were stable.
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deisik
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April 26, 2017, 08:32:11 PM |
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Yes it will probably be like gold in digital form but I'm not sure it will happen because bitcoin is decentral and bitcoin holders will not get much profit, I like the fluctuating bitcoin
It wont be happening anytime soon considering the importance as a trading commodity in people's minds. Many traders are thriving on the fluctuation in prices, making daily profits there and thus leveraging the market even more. That drives the economy and the price of bitcoin considering a local currency. If it get stagnant then traders are likely to sell some coins - while others will buy it - so the stagnancy will be temporary and not permanent. Now, people have different opinions on what I'm about to say, but having volatility is a very important part of the market for Bitcoin, or at least it used to be. Not sure if it has that much of an impact anymore. Something that really drew early investors in was the ability to make a lot off of the swings so prevalent in the market, nowadays I don't know if investors care all that much. I think everyone is just looking for growthYou can rest assured there are plenty of other people in the market They may be not very vocal overall but that's simply because they know what they are doing. Why waste words when you can earn money in the meanwhile? Growth is good but you never know where it will end but you can rest as assured that every growth has an ending (even if temporarily). Thus the most rational strategy is to sell some coins when the price is high and buy back some coins when the price is low. As the proverb goes, not all beer and skittles, so some people are in fact patiently and silently waiting for corrections as well as flash crashes |
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Sled
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April 27, 2017, 04:32:51 AM |
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I think if Bitcoin has a stable price, it is still used by many users and will even become more popular. It will attract more people. Stable prices will make it more bold to invest in Bitcoin because when bitcoin prices fluctuate, few people dare to invest because they fear that Bitcoin will go down, they will lose profits. However, traders would not like it because they would have little profit in trading Bitcoins if Bitcoin prices were stable.
If bitcoin is stable more and more stores will accept bitcoin as their another type of payment method but the thing is, bitcoin is created to be volatile to its price and bitcoin became popular because of being volatile so if bitcoin is stable then bitcoin will be less popular in the world and only few people will invest to this coin. |
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mornabo
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April 27, 2017, 05:34:19 AM |
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i think bitcoin will be more popular when bitcoin have fluctuating prices. you can see the volume in each exchange can rise so high. I would expect that it would be more accepted by people as a stable store of value. However, It may not be used as a long term investment because there would be little potential for gain.
That's the point of this topic, thinking if the price is stable would it be as popular as it is now. It's popular with the tech-savvy people like some people here and me also. I'm amazed what the Bitcoin has been through and what it could do in the future. I agree with you and it is true what you say that the volume on exchange in bitcoin market will be low if the bitcoin price movement is stable. And when the movement of bitcoin is very fast up and down And by that time the volume in the exchange rose very quickly even several fold. It proves that fluctuations are more favor in bitcoin |
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Mr
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April 27, 2017, 12:14:31 PM |
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i think bitcoin will be more popular when bitcoin have fluctuating prices. you can see the volume in each exchange can rise so high. I would expect that it would be more accepted by people as a stable store of value. However, It may not be used as a long term investment because there would be little potential for gain.
That's the point of this topic, thinking if the price is stable would it be as popular as it is now. It's popular with the tech-savvy people like some people here and me also. I'm amazed what the Bitcoin has been through and what it could do in the future. I agree with you and it is true what you say that the volume on exchange in bitcoin market will be low if the bitcoin price movement is stable. And when the movement of bitcoin is very fast up and down And by that time the volume in the exchange rose very quickly even several fold. It proves that fluctuations are more favor in bitcoin I dont think so. Bitcoin has appeared in many aspect of our life and it will be hard to remove it. So if the prices are stable, nothing will affect those factors and it will still exist on our planet and still be used as a type of currency. |
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TheUltraElite
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April 27, 2017, 03:15:30 PM |
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i think bitcoin will be more popular when bitcoin have fluctuating prices. you can see the volume in each exchange can rise so high. I would expect that it would be more accepted by people as a stable store of value. However, It may not be used as a long term investment because there would be little potential for gain.
That's the point of this topic, thinking if the price is stable would it be as popular as it is now. It's popular with the tech-savvy people like some people here and me also. I'm amazed what the Bitcoin has been through and what it could do in the future. I agree with you and it is true what you say that the volume on exchange in bitcoin market will be low if the bitcoin price movement is stable. And when the movement of bitcoin is very fast up and down And by that time the volume in the exchange rose very quickly even several fold. It proves that fluctuations are more favor in bitcoin I dont think so. Bitcoin has appeared in many aspect of our life and it will be hard to remove it. So if the prices are stable, nothing will affect those factors and it will still exist on our planet and still be used as a type of currency. You are not totally invisible form the governments and they can spy on all the transactions in the bitcoin network from your side. Once a while they might just land up with a huge list of income taxes - again the bitcoin network is such that there is no such thing as taxation. Its hard to remove but no impossible, but then again people will find workarounds. |
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X-ray
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April 27, 2017, 03:32:59 PM |
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Yes it will probably be like gold in digital form but I'm not sure it will happen because bitcoin is decentral and bitcoin holders will not get much profit, I like the fluctuating bitcoin
It wont be happening anytime soon considering the importance as a trading commodity in people's minds. Many traders are thriving on the fluctuation in prices, making daily profits there and thus leveraging the market even more. That drives the economy and the price of bitcoin considering a local currency. If it get stagnant then traders are likely to sell some coins - while others will buy it - so the stagnancy will be temporary and not permanent. Now, people have different opinions on what I'm about to say, but having volatility is a very important part of the market for Bitcoin, or at least it used to be. Not sure if it has that much of an impact anymore. Something that really drew early investors in was the ability to make a lot off of the swings so prevalent in the market, nowadays I don't know if investors care all that much. I think everyone is just looking for growth. the point is, without volatility bitcoin will have less marketcap because traders are what brought so many investments in bitcoin, volatility really matter Correct, we are here, we invest here in bitcoin because the fluctuation of the value we see the possible income in that situation, that also attract more people to invest in bitcoin. But it would still popular as online job and not popular for the investor if the value was still high. The volatility has included on the advantage by bitcoin itself. That has become the main advantage by bitcoin for a lot of the investors and holders, That's a reason for a lot of people want to investing his money in bitcoin, to raise more volatility from bitcoin. and it can generate more money for the investors. Bitcoin as a currency and not an online job. |
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Fatanut
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April 27, 2017, 07:18:48 PM |
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I think if Bitcoin has a stable price, it is still used by many users and will even become more popular. It will attract more people. Stable prices will make it more bold to invest in Bitcoin because when bitcoin prices fluctuate, few people dare to invest because they fear that Bitcoin will go down, they will lose profits. However, traders would not like it because they would have little profit in trading Bitcoins if Bitcoin prices were stable.
And the majority of huge bitcoin investors are traders. So, do you still think that bitcoin will continue to be popular when it has a stable price? How is bitcoin even different from fiat when it has a stable price? Sure there's anonymity feature, low transaction cost, etc. But you also already have that when you're transacting fiat. When you pay with paper fiat, they don't have the logs of that coin to see the people that once held the coin. Transaction cost is even free. Only ones that will be happy about bitcoin having a stable price are those people that are too coward to try something new like bitcoin and we aren't in need of that type of people. |
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deisik
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April 27, 2017, 07:41:44 PM |
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I think if Bitcoin has a stable price, it is still used by many users and will even become more popular. It will attract more people. Stable prices will make it more bold to invest in Bitcoin because when bitcoin prices fluctuate, few people dare to invest because they fear that Bitcoin will go down, they will lose profits. However, traders would not like it because they would have little profit in trading Bitcoins if Bitcoin prices were stable.
And the majority of huge bitcoin investors are traders. So, do you still think that bitcoin will continue to be popular when it has a stable price? How is bitcoin even different from fiat when it has a stable price? Sure there's anonymity feature, low transaction cost, etc. But you also already have that when you're transacting fiat. When you pay with paper fiat, they don't have the logs of that coin to see the people that once held the coin. Transaction cost is even free I'm sorry, but it is obvious that you are not a trader At least, not a very experienced one since otherwise you would have known that there are quite a few instruments to provide you with any level of volatility you may ever be looking for. Even for the most stable fiat currencies like the US dollar or Swiss franc there are financial instruments which give you volatility by far exceeding that of Bitcoin (e.g. volatility indexes, which are devastatingly brutal in this regard). Moreover, even with Bitcoin major exchanges now support margin trading which basically multiplies volatility by the leverage you take |
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raven7886
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April 27, 2017, 08:54:23 PM |
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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.
For sure there are people who are holding the Bitcoin for the reason to get a higher return on it. But denying the fact that if you deal it as a currency or money you need to make some shopping with it. And I’ve seen people doing it. The fact is that they deal the bitcoin just like the other money. If you are considering the Bitcoin as a commodity and not a currency, than you are good to practice it by only saving it. |
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Supercrypt
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April 27, 2017, 09:06:08 PM |
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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.  As the bitcoin has crossed $1,300 per bitcoin it shows us the popularity it has gained and is gaining. The bitcoin still have a long way to go yet. The continuous increase in the bitcoin price is very encouraging for those using and saving it. If it fails in growing more and the prices become stable at a time then it may be a turning point for the people attached with it. Logically it is not possible but somehow if it happens, people will switch to something else. |
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NEWGOODOUBLE
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April 27, 2017, 11:23:13 PM |
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i think bitcoin will be more popular when bitcoin have fluctuating prices. you can see the volume in each exchange can rise so high. I would expect that it would be more accepted by people as a stable store of value. However, It may not be used as a long term investment because there would be little potential for gain.
That's right, you'll see the bitcoin market volume drops when the bitcoin price is stable. And volume will rise when prices move fast. I think users prefer fluctuations rather than stable prices |
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Ashong Salonga
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April 28, 2017, 12:29:21 AM |
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i think bitcoin will be more popular when bitcoin have fluctuating prices. you can see the volume in each exchange can rise so high. I would expect that it would be more accepted by people as a stable store of value. However, It may not be used as a long term investment because there would be little potential for gain.
That's right, you'll see the bitcoin market volume drops when the bitcoin price is stable. And volume will rise when prices move fast. I think users prefer fluctuations rather than stable prices I have to agree. Trading in a currency which is stable isn't worth it to trade since there is no advantage from them. Thus, they can't buy low and sell high. As a trader, no one will choose stable market if it is possible. |
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Wowcoin
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April 28, 2017, 01:47:28 AM |
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Yes of course it still be popular we know that bitcoin if stable in a month expect that for a next month its been goes up or down. That is bitcoin there is always have fluctuation.
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CraigWrightBTC
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April 28, 2017, 01:56:21 AM |
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Supposed to be. Yeah.
Yes of course bitcoin is still be popular although it had stable price the reasons is because of stable will many people make investments into bitcoin for long time, usually the investors who make investments or the other people who want put their whealty in bitcoin although bitcoin is stable it will be increasing little by little every years. |
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TIDOVEE
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April 28, 2017, 02:34:04 AM |
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From its instability there are fall in value not only a rise, the same goes to the fact that, when it falls it doesn't become less popular and its neither the rise the makes it more popular. so, if bitcoin had a stable price, it doesn't stop it from becoming popular.
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romero121
Legendary
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April 28, 2017, 02:53:50 AM |
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Yes of course it still be popular we know that bitcoin if stable in a month expect that for a next month its been goes up or down. That is bitcoin there is always have fluctuation.
Price stabilty can be experienced often with bitcoin. Even when it is stable minor price fluctuations can be felt. In my opinion even if the price is stable people will use it, because of its increased price serving as a storage token helpful in tax evasion and for gambling and related needs. |
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Sled
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April 28, 2017, 03:03:44 AM |
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Yes of course it still be popular we know that bitcoin if stable in a month expect that for a next month its been goes up or down. That is bitcoin there is always have fluctuation.
Price stabilty can be experienced often with bitcoin. Even when it is stable minor price fluctuations can be felt. In my opinion even if the price is stable people will use it, because of its increased price serving as a storage token helpful in tax evasion and for gambling and related needs. I agree that people will use bitcoin even more if it has a stable price because they will just treat bitcoin as their secondary money and they can easily use it online with a lot of advantages like security where bitcoin is anonymous and also saving money because it is cheap to do transaction rather than in the bank and also fast. |
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SingAlong
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April 28, 2017, 04:10:15 AM |
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Yes of course it still be popular we know that bitcoin if stable in a month expect that for a next month its been goes up or down. That is bitcoin there is always have fluctuation.
Price stabilty can be experienced often with bitcoin. Even when it is stable minor price fluctuations can be felt. In my opinion even if the price is stable people will use it, because of its increased price serving as a storage token helpful in tax evasion and for gambling and related needs. I agree that people will use bitcoin even more if it has a stable price because they will just treat bitcoin as their secondary money and they can easily use it online with a lot of advantages like security where bitcoin is anonymous and also saving money because it is cheap to do transaction rather than in the bank and also fast. Also the people will worry less of their money in Bitcoin due to its stability of price if ever. Though the fluctuations have its benefits that a lot of people benefited from it which is also nice. The point is the user of Bitcoin not seeing the price as the only edge of this cryptocurrency and it has a lot to offer than this. |
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mirakal
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April 28, 2017, 04:51:39 AM |
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Yes of course it still be popular we know that bitcoin if stable in a month expect that for a next month its been goes up or down. That is bitcoin there is always have fluctuation.
Price stabilty can be experienced often with bitcoin. Even when it is stable minor price fluctuations can be felt. In my opinion even if the price is stable people will use it, because of its increased price serving as a storage token helpful in tax evasion and for gambling and related needs. I agree that people will use bitcoin even more if it has a stable price because they will just treat bitcoin as their secondary money and they can easily use it online with a lot of advantages like security where bitcoin is anonymous and also saving money because it is cheap to do transaction rather than in the bank and also fast. Also the people will worry less of their money in Bitcoin due to its stability of price if ever. Though the fluctuations have its benefits that a lot of people benefited from it which is also nice. The point is the user of Bitcoin not seeing the price as the only edge of this cryptocurrency and it has a lot to offer than this. Well, if the price will be stable and will barely move that means traders will not be happy with it and it is good to invest for long term than day trading. The future might look that way because if there will be major businesses that will consider accepting bitcoin, we might see a big demand of it's supply. We never knew what the future will be but let's take advantage of the present, buy as much as you can and hold it for better value in the future. |
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