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

[Fatanut]

It is quite difficult to answer this question. If Bitcoin is having a stable price, then it will be popular with merchants and bankers. But at the same time, its attractiveness among the traders and the investors will take a hit.

Yes, investors and traders bitcoin will not be interesting, because they use it only because of a good price increase.

I think opposite, if bitcoin price stable. So will many long-term investors who invest money in bitcoin in a very large amount. And bitcoin could potentially be an international currency.

Can you give an explanation why so? Because investors right now are investing in hopes that the price of bitcoin will even go higher. If the price is stable, bitcoin cannot give you any profit regardless of how long or how short you hold your coins. For store of value, perhaps? I still don't think so because why would they put their money at risk like that when they can store their money in gold and other stuffs that have been around for so long and proven profitable.

Plus, it's actually impossible that something will have a stable price. Like in your example, if someone invested a large amount of money at something and it has a limited supply, then it will pump up the demand and increase the price.

[kalzonesaredelicious]

If bitcoin had a stable price, I would argue that it would even be more popular since there would be many investors who would consider it a safe investment. The price volatility of bitcoin is definitely a turn off to many people especially those who are looking for something that grows slowly and steadily. the future of bitcoin is undeniable at this point, especially after Japanese approval.

[TastyChillySauce00]

It is quite difficult to answer this question. If Bitcoin is having a stable price, then it will be popular with merchants and bankers. But at the same time, its attractiveness among the traders and the investors will take a hit.

Yes, investors and traders bitcoin will not be interesting, because they use it only because of a good price increase.

I think opposite, if bitcoin price stable. So will many long-term investors who invest money in bitcoin in a very large amount. And bitcoin could potentially be an international currency.

Then, why investing in bitcoin instead of fiat in which have the same stability but fiat have advantages of backed up by the government and widely accepted without that much risk which ibitcoin investor bear?
Investor/trader will definitely prefer fiat and gold because it's also recognised officially by the local government, bitcoin might be banned, but these two will always be accepted and will always be for another century.
And be honest, an international currency without the recognition of the major country is nothing.

[Kasabus]

If bitcoin had a stable price, I would argue that it would even be more popular since there would be many investors who would consider it a safe investment. The price volatility of bitcoin is definitely a turn off to many people especially those who are looking for something that grows slowly and steadily. the future of bitcoin is undeniable at this point, especially after Japanese approval.

Investors are more active in trading because that volatile price can give them instant profit if they have a good information
to predict the price movement. Of course there are also who are into long term and I'm one of them,and I see my patience has paid off already.

[MFahad]

Bitcoin is definitely more popular if price has stabilized. Because people will make bitcoin as an investment choice for the future.

LOL. If the prices are stable, why would they invest their money in thiss crypto? Where can they have the profit from it? Think wisely before saying something here because it makes you look like a fool

Yes, i also not understand why he said that?
May be he is one and only person who like to use bitcoin when it will be stable. If marginally, bitcoin has a stable price than why we use bitcoin and what is interest thing in bitcoin to invest or to do trading.
OF course Nothing.   

[richmcrich]

Bitcoin attracts most users only because of its rapid price increase, and its stability will lead to a decrease in interest.

I agree, because most are traders or hodlers at the moment. They would all go into Alts or another form of investment if there was a prolonged period of stability.

I don’t think the stability time will be a prolonged one. I am not sure if there will be a stability time or not. If there may be any such situation practiced I don’t think it will be in the near future. The stability in the price of the Bitcoin may be seen but god knows how long will it take. So chill for now and enjoy your earnings.

[poplolnman]

Bitcoins popularity has nothing to do with if it's price not being stable, it's popularity is due to the fact that's it's highly anonymity and and the fact that anyone can easily mine and get something from it unlike Perfect Money which can only be bought.

don't get it wrong , when bitcoin price go up and having an unbelieveable price movement there would be a hot news for lot of media especially technology and financial media. it's a plus value as it could be considered as a free promotion and of course make a lot of people around the world curious and start typing it on their search engine to know more about bitcoin. then what's next? you know that ....

[gabmen]

If bitcoin had a stable price, I would argue that it would even be more popular since there would be many investors who would consider it a safe investment. The price volatility of bitcoin is definitely a turn off to many people especially those who are looking for something that grows slowly and steadily. the future of bitcoin is undeniable at this point, especially after Japanese approval.

Investors are more active in trading because that volatile price can give them instant profit if they have a good information
to predict the price movement. Of course there are also who are into long term and I'm one of them,and I see my patience has paid off already.

I agree. the volatility of bitcoin is one of the manor factors why a lot of investors and traders are interested in it. of course once it gets stable, there would be positive effects but then I think these traders would now look to other alt coins to work with, thus decreasing btc traders in the long run

[katrimans]

Bitcoin will be more popular if the price is stable. More will choose bitcoin as an investment. Because bitcoin is a digital currency that is very easy to use.

yes that is a fact that bitcoin will become more popular if the price of bitcoin will become more stable because then more and more investors will invest their money in bitcoin.

Well yeah definitely it will be popular among those who use it and have it at the time. It also maybe popular of some other reasons and that is if it use to be serve as a store of value. In future it seems like the BTC will be the store of value for the crypto currency i.e. the altcoins.

[bartolo]

In terms of adoption I think that a stable price or a stable range would make bitcoin more popular among people. I doesn´t mind if the price is higher or lower, it´s more about to maintain itself at a certain range with the typical fluctuations that, for example, fiat money have. I am convinced of this because bitcoins have some applications that are not being used because the volatility risks. For example, you can use bitcoin to send money to your family in other part of the world, you can use it when you travel to another country, you convert your money to bitcoin and then you convert to fiat money again at destination, you can accept bicoin in your business to but what happen if in the time your bitcoin arrives to your family, in the time you are flying to your travel destination or in the time between you are getting paid in bitcoin and you convert those coins in fiat, what happen if in this time bitcoin drops? It´s true that there are some solutions, the merchant can use an api that convert those coins automatically, but in the other examples you can be lucky if bitcoin price goes up but if it goes down, if there is a dip you can lose some money.

[batang_bitcoin]

I think even if the price of the bitcoin stable then will be remain popular, this is because of the cheap cost of speed and time of the transaction. Thus with stable prices made investors more confidence for investment to bitcoin.

I don't think so that people will remain to bitcoin if the price is stable. Because there's a lot of choices already in fiat so I really don't think that there will be a big impact if the price of bitcoin is stable.

[genos]

I think even if the price of the bitcoin stable then will be remain popular, this is because of the cheap cost of speed and time of the transaction. Thus with stable prices made investors more confidence for investment to bitcoin.

I don't think so that people will remain to bitcoin if the price is stable. Because there's a lot of choices already in fiat so I really don't think that there will be a big impact if the price of bitcoin is stable.

I think if bitcoin had stable price, the more merchants will accept bitcoin because some merchants are pretend the high fluctuation price of bitcoin as big risk. But I think the price of bitcoin will not be stable because its limited amount and the increasing number of the users is makes the demand always increase. So bitcoin will still popular.

[Casabrandy]

I think even if the price of the bitcoin stable then will be remain popular, this is because of the cheap cost of speed and time of the transaction. Thus with stable prices made investors more confidence for investment to bitcoin.

I don't think so that people will remain to bitcoin if the price is stable. Because there's a lot of choices already in fiat so I really don't think that there will be a big impact if the price of bitcoin is stable.

I think if bitcoin had stable price, the more merchants will accept bitcoin because some merchants are pretend the high fluctuation price of bitcoin as big risk. But I think the price of bitcoin will not be stable because its limited amount and the increasing number of the users is makes the demand always increase. So bitcoin will still populer.

those who are not risk taker or too scared in putting their money at risk were probably use bitcoin even its stable. But those who wanted to earn more and knew and also believes that in time bitcoin value will be as high as moon will definitely disagree on bitcoin being stable.

[Blackdeath]

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?

Certainly it won't since most of bitcoin holders are investors. If ever bitcoin has that stable price, I think traders are only the one who will embrace bitcoin since they can still trade it with altcoin even though it doesn't make its market move. The greatest feature of bitcoin is not about the price yet it certainly affects hugely to its holders.

[umbara ardian]

In my opinion. Bitcoin will become even more popular. Because people can have bitcoin with ease and cheap price. And this will be a means of payment.

[batang_bitcoin]

I think even if the price of the bitcoin stable then will be remain popular, this is because of the cheap cost of speed and time of the transaction. Thus with stable prices made investors more confidence for investment to bitcoin.

I don't think so that people will remain to bitcoin if the price is stable. Because there's a lot of choices already in fiat so I really don't think that there will be a big impact if the price of bitcoin is stable.

I think if bitcoin had stable price, the more merchants will accept bitcoin because some merchants are pretend the high fluctuation price of bitcoin as big risk. But I think the price of bitcoin will not be stable because its limited amount and the increasing number of the users is makes the demand always increase. So bitcoin will still popular.

Well they understand the risk of the fluctuations of bitcoin's price but for those smart merchants, it's a risk that is very worth it to take. And in fact, that's the reason why there are a lot of new investors that are coming in to bitcoin and putting their money into it. Because they are hoping that when they invested their money at lower price and suddenly the price increases, that's an instant profit for them.

[Cherylstar86]

It will still be popular incase bitcoin will have a stable price because, even though price now is not that stable digital currency got popular due to the freedom of financial capability that everybody could have for. With that ability of bitcoin people will be more aggressive to use bitcoin and invest for future profit gaining business, and holding bitcoin is very wise investment for now; since it's now growing rapidly towards the market trend of currency.

[asriloni]

I think even if the price of the bitcoin stable then will be remain popular, this is because of the cheap cost of speed and time of the transaction. Thus with stable prices made investors more confidence for investment to bitcoin.

I don't think so that people will remain to bitcoin if the price is stable. Because there's a lot of choices already in fiat so I really don't think that there will be a big impact if the price of bitcoin is stable.

I think if bitcoin had stable price, the more merchants will accept bitcoin because some merchants are pretend the high fluctuation price of bitcoin as big risk. But I think the price of bitcoin will not be stable because its limited amount and the increasing number of the users is makes the demand always increase. So bitcoin will still popular.

Well they understand the risk of the fluctuations of bitcoin's price but for those smart merchants, it's a risk that is very worth it to take. And in fact, that's the reason why there are a lot of new investors that are coming in to bitcoin and putting their money into it. Because they are hoping that when they invested their money at lower price and suddenly the price increases, that's an instant profit for them.

Just depend on the purpose I suppose. The fluctuation of bitcoin price gives a different way rather than another stock or shares.

Bitcoin gives a privacy and his fluctuation is easy to predict. It's not as another investment which has a little potential to grow. With the tech support from the blockchain and it will worth a lot.

[stephanirain]

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?

Yes probably bitcoin could still be popular if it has a stable price and a high price and the people who use bitcoin could increase. Every price matters even in bitcoin so there is a great possibility that one day bitcoin will have a stable price.

[akar87]

Later bitcoin will be stable price. When bitcoin has been used by everyone in world. And certainly because of scarcity, bitcoin prices would be very high.