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

[Pattart]

I don't think it will be popular, I'll leave the bitcoin because the same as real money, real money is even better because there is no need to exchange the exchanger bitcoin.

I agree with you, let alone most users are investors and traders. Of course they will not accept if bitcoin prices become stable. Because it will not give big profit to them

[BeGoods]

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,definitely more merchants would come forward to adopt it since they avoid bitcoin payments mainly due to its price fluctuation.
But on the other side,traders who make profits mainly due to bitcoin's price variation would lose their interest in buying bitcoins which would lead to decrease in demand for bitcoins and bitcoin price would decrease gradually.

I think merchants certainly have a system where they will instantly exchange bitcoin to fiat when you use bitcoin to shop. Because it is unlikely they receive a payment with bitcoin then they hold the bitcoin in the wallet. Of course it will harm them

[Colt22]

I don't think it will be popular, I'll leave the bitcoin because the same as real money, real money is even better because there is no need to exchange the exchanger bitcoin.

I agree with you, let alone most users are investors and traders. Of course they will not accept if bitcoin prices become stable. Because it will not give big profit to them

But at that stage a point comes to my mind that if the price come to stability then more and more people will come to spend their money in bitcoin because they want to keep their money in a place where they have not to pay maximum fees of transaction and tax to those government which are not sincere with their public.

[FasTroy]

I don't think it will be popular, I'll leave the bitcoin because the same as real money, real money is even better because there is no need to exchange the exchanger bitcoin.

I agree with you, let alone most users are investors and traders. Of course they will not accept if bitcoin prices become stable. Because it will not give big profit to them

You are right, if bitcoin will have a stable price, Investors and traders they leave this domain of cryptocurrencies. Of course bitcoin will lose the popularity. and i think it will die as soon as the price will be stable. But i don't think it will happend.

[mornabo]

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,definitely more merchants would come forward to adopt it since they avoid bitcoin payments mainly due to its price fluctuation.
But on the other side,traders who make profits mainly due to bitcoin's price variation would lose their interest in buying bitcoins which would lead to decrease in demand for bitcoins and bitcoin price would decrease gradually.

I think even though the price of fluctuating bitcoin though. It will not harm merchants because they have a system where if you pay with bitcoin. Then the bitcoin will be converted directly to fiat

[Sled]

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,definitely more merchants would come forward to adopt it since they avoid bitcoin payments mainly due to its price fluctuation.
But on the other side,traders who make profits mainly due to bitcoin's price variation would lose their interest in buying bitcoins which would lead to decrease in demand for bitcoins and bitcoin price would decrease gradually.

I think even though the price of fluctuating bitcoin though. It will not harm merchants because they have a system where if you pay with bitcoin. Then the bitcoin will be converted directly to fiat

I think not all the time bitcoin will converted automatically to fiat because some of the merchants that accept bitcoin just directly go to their bitcoin wallet and it is not that easy for them to convert to fiat because as what you have said, there is fluctuation for the price and that is why it is not always good for them to convert bitcoin to fiat because they might get a loss.

[Viviyang]

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,definitely more merchants would come forward to adopt it since they avoid bitcoin payments mainly due to its price fluctuation.
But on the other side,traders who make profits mainly due to bitcoin's price variation would lose their interest in buying bitcoins which would lead to decrease in demand for bitcoins and bitcoin price would decrease gradually.

I think even though the price of fluctuating bitcoin though. It will not harm merchants because they have a system where if you pay with bitcoin. Then the bitcoin will be converted directly to fiat

I think not all the time bitcoin will converted automatically to fiat because some of the merchants that accept bitcoin just directly go to their bitcoin wallet and it is not that easy for them to convert to fiat because as what you have said, there is fluctuation for the price and that is why it is not always good for them to convert bitcoin to fiat because they might get a loss.

But many a times there is increase in price so they get more for the good and this balances the case of decrease in price of bitcoin and they can easily sell their coins on localbitcoins and these days there are many apps that does the selling of bitcoins instantly, all you have to give them is your bitcoins and your ID card and they sell your bitcoins and deposit fiat in your bank account.

[Ani1985]

I would still choose the bitcoin although the price stable, this is because a lot of great features when I use bitcoin, thus with a stable price make a certainty, so if I'm investing with funds then there will be a big loss.

[VanDeinsberg12]

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,definitely more merchants would come forward to adopt it since they avoid bitcoin payments mainly due to its price fluctuation.
But on the other side,traders who make profits mainly due to bitcoin's price variation would lose their interest in buying bitcoins which would lead to decrease in demand for bitcoins and bitcoin price would decrease gradually.

I think even though the price of fluctuating bitcoin though. It will not harm merchants because they have a system where if you pay with bitcoin. Then the bitcoin will be converted directly to fiat

I think not all the time bitcoin will converted automatically to fiat because some of the merchants that accept bitcoin just directly go to their bitcoin wallet and it is not that easy for them to convert to fiat because as what you have said, there is fluctuation for the price and that is why it is not always good for them to convert bitcoin to fiat because they might get a loss.

It will be all the time to convert his bitcoin amount to the fiat due to avoid the volatility of bitcoin and they are want to spend a little time for exchange his bitcoin for fiat.

Too running his business and it will not be possible just hold your bitcoin in your wallet especially if the price of bitcoin gets down due the bearish trend and they have a loss.

[jossiel]

I would still choose the bitcoin although the price stable, this is because a lot of great features when I use bitcoin, thus with a stable price make a certainty, so if I'm investing with funds then there will be a big loss.

I will not do the same, if bitcoin does have stable price for sure many are not going to use it because we can still depend to fiat money.

But because of it's ability that it doesn't have a stable price, many loves to invest to this great crypto currency.

And for sure it will not be popular right now if it's not because of it's decentralization and unstable price.

[ilovefeetsmell]

there is no stable prices for bitcoin because every currency have fluctuatif prices including bitcoin because sometimes it will down and for next day could be rise up and for bitcoin even though the prices looks unstable but currently many people in my country already use it and volume trade also on my local exchange is pretty high

Yes, there is no stable prices see this link (http://bitcointicker.co/). Obviously, the price of bitcoin is fluctuating. Even it rise or fall, bitcoin still popular to all bitcoin users and for other people who have an interest in this kind of business. It is very nice to be stable at a higher value to increase the value of my wallet savings.

[deisik]

But on the other side,traders who make profits mainly due to bitcoin's price variation would lose their interest in buying bitcoins which would lead to decrease in demand for bitcoins and bitcoin price would decrease gradually

But isn't that what most traders are interested in?

That is, in price decrease so that folks could go for the "buy low" part of the "buy low sell high" mantra? Why don't you have the courage to make a step ahead and draw a conclusion that stable prices in Bitcoin are effectively impossible due to its speculative nature, i.e. precisely because of the traders who are looking for quick profits? It is a self-sufficient and sort of self-supporting scheme. As soon as prices only start turning more stable, the lost interest will destabilize them as fast

[EdenHazard]

If Bitcoin had a stable price range and didn't go up or down ever then I wouldn't look at the charts as much to see how many people were using Bitcoin. Since Bitcoin is really volatile and the price movement is what most of the people on this forum look for, there would be a small amount of threads being made about the price and the whole Bitcointalk website activity will have a huge decrease. I am sure that this website wouldn't have that much people talking to each other too.

actually things make bitcoin popular not only about price , people nowadays are too naive to call that price are everything . but it is not , once bitcoin has been used and adopted globally almost with everybody who live in this world just like they use fiat .

the price will not as necessary as people thought now i guess , let's see.

You cannot completely deny that the price is not an important factor to get the attention of the common people. Actually in the beginning when it was worthless it haven't gained popularity, only the people who have good knowledge about the technology adopted it. Later on slowly the innovative frame work generated a value for it as well the unique features made user give a try on it and slowly things changed and has now been popular to be used as a currency.

i am not saying the price not important by the way , i just think it is not the real point.

there is a lot of factors out there which have bigger effect into bitcoin development . people nowadays still focus on one thing only and it was the price. i will against those people who keep saying that , and for the records i am not completely deny about it. i still believe price necessary but not that much.

[posternat]

I would still choose the bitcoin although the price stable, this is because a lot of great features when I use bitcoin, thus with a stable price make a certainty, so if I'm investing with funds then there will be a big loss.

I never thought that Bitcoin is popular because of its unstable price. I think if bitcoin had a stable price there would be more investors in bitcoins as some people fear the feeling of loss due to high shift of price Up and down. I hope bitcoin price become stable so more small investors can also invest in bitcoin with more security.

[chickenado]

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?

I think it would be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

[the rise]

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?

I think it would be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

It will still be popular, but it doesn't add value on a large scale because in fiat we also know about fluctuations, the more significant bitcoin fluctuations make it a favorite currency among cyberspace, and theoretically higher than gold enthusiasts.

[Watershin]

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?

I think it would be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

Now a days people on darkweb have a workaround the bitcoin, they are now using monero which is a truely anonymous cryptocurrency as compared to bitcoin which is pseudoanonymous, so that the feds can't trace the transactions used to buy the drugs or other illegal stuff.

[Yutikas_11920]

I would still choose the bitcoin although the price stable, this is because a lot of great features when I use bitcoin, thus with a stable price make a certainty, so if I'm investing with funds then there will be a big loss.

Indeed basically bitcoin has features and also the sophistication of a pretty good compared to other currencies. In addition to the sophistication or the prominence of bitcoin, we can get an advantage in investing or just save your bitcoin. Where when we buy bitcoin in price low, then save it and after prices rise very high on sale. Then it's something pretty good investment and highly profitable, but you need to instill that all require a process
 

[betlord90]

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?

I think it would be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

Now a days people on darkweb have a workaround the bitcoin, they are now using monero which is a truely anonymous cryptocurrency as compared to bitcoin which is pseudoanonymous, so that the feds can't trace the transactions used to buy the drugs or other illegal stuff.

Monero is quitely pretty stable coin and people on darkweb makes it as alternative but still bitcoin is their main choice since anonimosity can be cover up by those mixers that can make their transaction untracable. But can you see any people here claiming that they are using monero? i think no but what will be happen if bitcoins price will go stable? I think people will find another altcoins that has good flactuation and try to earn with it as much as possible.

[stomachgrowls]

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?

I think it would be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

Now a days people on darkweb have a workaround the bitcoin, they are now using monero which is a truely anonymous cryptocurrency as compared to bitcoin which is pseudoanonymous, so that the feds can't trace the transactions used to buy the drugs or other illegal stuff.

Monero is quitely pretty stable coin and people on darkweb makes it as alternative but still bitcoin is their main choice since anonimosity can be cover up by those mixers that can make their transaction untracable. But can you see any people here claiming that they are using monero? i think no but what will be happen if bitcoins price will go stable? I think people will find another altcoins that has good flactuation and try to earn with it as much as possible.

Price volatility is the main reason why do most people do like to engage on bitcoin or on other crpytocurrency because with this they can able to produce income because of the volatility and if bitcoins price would become stable then for sure it would really lessen its popularity because of that matter and assume that most people will surely switch off on to another coin.