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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171757 times)
Meowth05
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May 14, 2017, 10:47:05 AM
 #1741

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?
Yup, I think bitcoin wil become still popular especially if it price will stop on a high value. Yet there's a chance that it will become more aattactive to others and people will become confident becuase they know the pice will never decrease.

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May 14, 2017, 10:53:40 AM
 #1742

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?
Yup, I think bitcoin wil become still popular especially if it price will stop on a high value. Yet there's a chance that it will become more aattactive to others and people will become confident becuase they know the pice will never decrease.
Already we seeing bitcoin prices soar has everybody wants to get their hands on the much talked about cryptocurrency at the moment...which
is also making it very popular and to be honest. Should we continue selling our own bitcoins there will come a time when some whales would have bought most of them out there because of the hype its sending.
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May 14, 2017, 01:37:39 PM
 #1743

If bitcoin has a stable price around 1000$ it will become more popular but if the price has fall down to less than 1 $ i think everybody will try to look for another coin to replace bitcoin

Exactly because people always want a high price so that they can easily buy and get what they want. If its price didnt get high as 1$. maybe they can look for another coin sites that has a bigger price than bitcoin. 



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May 14, 2017, 03:41:27 PM
 #1744

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 fiuture. 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.

I don't think there will be a stable price of bitcoin. Admit it or not, we all love to see bitcoin like this. Because we love to speculate and predict the next price and has already computed in our mind how much income we are going to generate if that price had happened. And just like you said, he should all just relax and see the price go higher and see how earnings grow.

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May 15, 2017, 03:04:39 PM
 #1745

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.

It's really hard to say if bitcoin will really be the coin with the highest market cap since anything can happen. Things happen pretty fast on the Internet. Plus, there will be major coins that will have major portions of the total fiat money invested on cryptocurrencies.

I really hope that someone knows the answer. If every single fiat money gets converted into cryptocurrency (not including government digital currencies like digital fiat), what will be the basis of our trades? Will it be bitcoin against every single cryptocurrency? If so, then what will we use to valuate bitcoins? Or will bitcoin simply be the basis of everything just like how is fiat money right now (e.g. everything has value that's according to how much fiat it is in return, even bitcoins)

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May 15, 2017, 03:24:00 PM
 #1746

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.

It's really hard to say if bitcoin will really be the coin with the highest market cap since anything can happen. Things happen pretty fast on the Internet. Plus, there will be major coins that will have major portions of the total fiat money invested on cryptocurrencies.

I really hope that someone knows the answer. If every single fiat money gets converted into cryptocurrency (not including government digital currencies like digital fiat), what will be the basis of our trades? Will it be bitcoin against every single cryptocurrency? If so, then what will we use to valuate bitcoins? Or will bitcoin simply be the basis of everything just like how is fiat money right now (e.g. everything has value that's according to how much fiat it is in return, even bitcoins)

I have the same thoughts as you, many people who say and want bitcoin to be the main payment tool in the world, if bitcoin becomes the means of payment in the world, it means bitcoin will be fiat money, why do people want this to happen in bitcoin?

Regarding the popularity of bitcoin, I think bitcoin will remain popular even though the price is down, it's been proven because bitcoin prices ever experienced a fall which is very drastic, but you can see bitcoin users continue to grow until now bitcoin prices are heading to the moon.
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May 15, 2017, 04:06:03 PM
 #1747

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
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May 15, 2017, 04:11:36 PM
 #1748

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
Honestly it will just shift into a different kind of audience. Right now it is catering the categories of what a trader wants a volatile asset in which they can take profit from. If it becomes stable what will happen will be is that it will have more consumers wanting it as it is a currency in which can buy goods at an accurate price. What I am saying is that when you try to buy with Bitcoin right now you might end up using more or less Bitcoin than needed as it is a volatile currency, which is not too attractive for consumers.
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May 15, 2017, 04:15:52 PM
 #1749

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
Honestly it will just shift into a different kind of audience. Right now it is catering the categories of what a trader wants a volatile asset in which they can take profit from. If it becomes stable what will happen will be is that it will have more consumers wanting it as it is a currency in which can buy goods at an accurate price. What I am saying is that when you try to buy with Bitcoin right now you might end up using more or less Bitcoin than needed as it is a volatile currency, which is not too attractive for consumers.
I am also fully confident that Bitcoin will not be strongly quoted in Among the people, because Bitcoin can become a more stable currency and a random one because this currency will be used only as investments and earning real money.

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May 15, 2017, 10:42:14 PM
 #1750

I think no. Because we all invest in bitcoin knowing the future prospects and nothing else. If I know that the price of a particular currency is going to be stable, I would not be interested in investing much. Probably a small amount will be invested to support the downfall of other investments. However, the bigger chunk of money would go to the one which has a great future prospect.

I think the dynamic pricing of bitcoin and huge future prospects make bitcoin the best and most popular crypto currency. If the price starts falling down constantly, then people would not take much time to switch to a different currency with better prospect.

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May 15, 2017, 10:46:18 PM
 #1751

I think no. Because we all invest in bitcoin knowing the future prospects and nothing else. If I know that the price of a particular currency is going to be stable, I would not be interested in investing much. Probably a small amount will be invested to support the downfall of other investments. However, the bigger chunk of money would go to the one which has a great future prospect.

I think the dynamic pricing of bitcoin and huge future prospects make bitcoin the best and most popular crypto currency. If the price starts falling down constantly, then people would not take much time to switch to a different currency with better prospect.
If we take into account that for which people value money, Bitcoin will not enter this category, unstable prices and complexity of use play a role against the crypto currency.

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May 15, 2017, 11:28:41 PM
Last edit: May 19, 2017, 05:29:37 AM by Jewell
 #1752

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
Honestly it will just shift into a different kind of audience. Right now it is catering the categories of what a trader wants a volatile asset in which they can take profit from. If it becomes stable what will happen will be is that it will have more consumers wanting it as it is a currency in which can buy goods at an accurate price. What I am saying is that when you try to buy with Bitcoin right now you might end up using more or less Bitcoin than needed as it is a volatile currency, which is not too attractive for consumers.
I am also fully confident that Bitcoin will not be strongly quoted in Among the people, because Bitcoin can become a more stable currency and a random one because this currency will be used only as investments and earning real money.
I am also confident that when the price of bitcoin will become stable it will become more and more popular. people will then use btcoin for so many other purposes like transaction of money from one place to another place. i think if bitcoin will become popular then most of the shopkeepers will also start accepting bitcoin. as they will not be worrying about the changing of the price from due to change in the price of bitcoin.
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May 16, 2017, 01:20:50 PM
 #1753

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
Honestly it will just shift into a different kind of audience. Right now it is catering the categories of what a trader wants a volatile asset in which they can take profit from. If it becomes stable what will happen will be is that it will have more consumers wanting it as it is a currency in which can buy goods at an accurate price. What I am saying is that when you try to buy with Bitcoin right now you might end up using more or less Bitcoin than needed as it is a volatile currency, which is not too attractive for consumers.
I am also fully confident that Bitcoin will not be strongly quoted in Among the people, because Bitcoin can become a more stable currency and a random one because this currency will be used only as investments and earning real money.
I am also confident that when the price of bitcoin will become stable it will become more and more popular. people will then use btcoin for so many other purposes like transaction of money from one place to another place.

How, though? People are using bitcoins because they know that it's a good investment because of its price. Other than that, people are also using bitcoins to transfer money to another person. If the price of bitcoin is going to be stable, the former wouldn't be achieved anymore so people can only use bitcoins as a currency then.

And since most of us are here because of bitcoin being a good investment, if it stops being that (for no reason, all of a sudden), then people would also stop using bitcoins. Bitcoin is not a strong one when it comes to being just a currency. Removing all the people that bought bitcoins solely for investment would make the price of bitcoin go down to just a couple of dollars (since there are better options now).

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May 16, 2017, 02:49:51 PM
 #1754

I think it might be because it would be having the popularity and trust of 1st released currency of a kind.

But there will be some conflicts later on with the other currencies on prices.
 
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May 16, 2017, 06:58:51 PM
 #1755

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable

Yes it is since people will worry less that it will just go dump though the happiness of pump is also a nice thing which will profit a lot of investors, those who trade. By having stable price it will have a good chance to be adapted in daily transactions.
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May 16, 2017, 11:38:26 PM
 #1756

I think if the bitcoin have stable price they will not become popular because many peoplr using bitcoin are want big income and they hold their bitcoin and then wait the price to increase before their sell it. If the price is stable it cannot hold them anymore and the business in bitcoin will become more limited . You can trade altcoin also but its not good because the price is stable people happy if they buy altcoin and those altcoin pump and the bitcoin pump also the investor will become happy. But if the bitcoin price will stable it will not die anymore . Stable price have advantage and disadvantages result.

 
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Gameroid
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May 16, 2017, 11:57:20 PM
Last edit: May 19, 2017, 06:22:37 AM by Gameroid
 #1757

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
Honestly it will just shift into a different kind of audience. Right now it is catering the categories of what a trader wants a volatile asset in which they can take profit from. If it becomes stable what will happen will be is that it will have more consumers wanting it as it is a currency in which can buy goods at an accurate price. What I am saying is that when you try to buy with Bitcoin right now you might end up using more or less Bitcoin than needed as it is a volatile currency, which is not too attractive for consumers.
I am also fully confident that Bitcoin will not be strongly quoted in Among the people, because Bitcoin can become a more stable currency and a random one because this currency will be used only as investments and earning real money.
i think most of the people have is the same replay that yes if bitcoin has become stable it will be more popular and people will be using it shopkeepers will also start accepting bitcoin from the people, so  i think if the price of bitcoin will become stable then it will also have good effect on image of bitcoin. just like dollar as dollar have very stable price and is one of the most popular currency of the world.
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May 17, 2017, 05:56:29 AM
 #1758

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
Honestly it will just shift into a different kind of audience. Right now it is catering the categories of what a trader wants a volatile asset in which they can take profit from. If it becomes stable what will happen will be is that it will have more consumers wanting it as it is a currency in which can buy goods at an accurate price. What I am saying is that when you try to buy with Bitcoin right now you might end up using more or less Bitcoin than needed as it is a volatile currency, which is not too attractive for consumers.
I am also fully confident that Bitcoin will not be strongly quoted in Among the people, because Bitcoin can become a more stable currency and a random one because this currency will be used only as investments and earning real money.
i think most of the people have is the same replay that yes if bitcoin has become stable it will be more polular and people will be using it.
Exactly because there are plenty of believers here if not all of us, bitcoin is the best investment for me and I'm
willing to hold longer just to get my reward that I expected.
abayan
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May 17, 2017, 06:08:52 AM
 #1759

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
Yes ,bitcoin will be not like this as of now if the price is stable people will not longer be more attracted to know bitcoins it will be like just paypal to use with different uses and feature .Many negative effects in reverse situation now if bitcoins is stable .Bitcoin price growth is the reason why it is became popular .

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gabmen
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May 17, 2017, 12:25:22 PM
 #1760

When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
Yes ,bitcoin will be not like this as of now if the price is stable people will not longer be more attracted to know bitcoins it will be like just paypal to use with different uses and feature .Many negative effects in reverse situation now if bitcoins is stable .Bitcoin price growth is the reason why it is became popular .

well btc's volatility is arguably the best aspect that people right now are looking at. of course there will be better profits if the price of btc would go up and down but I don't think governments would want to adopt such a volatile currency. if it were to me though, i'd prefer btc to remain this way because i'm enjoying the rewards of the price movement

 
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