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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171758 times)
ProzCoin
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May 24, 2017, 06:26:57 PM
 #1781

there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.

If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.

No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
I do have the same idea like you. The price of Bitcoin should always go up instead of standing in one place so that it can easily attract more people to invest their money. In 2016, there is no television news about bitcoin but this year, they have always mentioned Bitcoin whenever they have a chance

Dimelord
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May 25, 2017, 05:00:52 AM
 #1782

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?
Bitcoin gains more attention due to its volatile nature.

If bitcoin had a stable price,then more merchants would come forward to accept bitcoin as payment since they don't have any risk of loss due to price fall.
On the other hand,traders who get profits mainly due to the price variations in bitcoin would loose their interest in buying and trading bitcoins and would start moving to some other altcoin.
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May 25, 2017, 05:16:20 AM
 #1783

there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.

If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.

No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
I do have the same idea like you. The price of Bitcoin should always go up instead of standing in one place so that it can easily attract more people to invest their money. In 2016, there is no television news about bitcoin but this year, they have always mentioned Bitcoin whenever they have a chance
In fact, while the bitcoin price is stable at the moment, bitcoin will remain popular, because bitcoin is the highest priced cryptocurrency and will always be in search. Well, the current bitcoin price is affecting people to trade, or something like that to get a lot of bitcoin

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May 25, 2017, 05:36:13 AM
 #1784

there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.

If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.

No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
I do have the same idea like you. The price of Bitcoin should always go up instead of standing in one place so that it can easily attract more people to invest their money. In 2016, there is no television news about bitcoin but this year, they have always mentioned Bitcoin whenever they have a chance
In fact, while the bitcoin price is stable at the moment, bitcoin will remain popular, because bitcoin is the highest priced cryptocurrency and will always be in search. Well, the current bitcoin price is affecting people to trade, or something like that to get a lot of bitcoin
The current price increase of bitcoin makes the price of altcoins down, therefore it only proved that big investors are
into bitcoin than in altcoins, also this means that it's buying time for altcoins while bitcoin remains hot.

uneng
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May 25, 2017, 05:38:04 AM
 #1785

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?
Bitcoin gains more attention due to its volatile nature.

If bitcoin had a stable price,then more merchants would come forward to accept bitcoin as payment since they don't have any risk of loss due to price fall.
On the other hand,traders who get profits mainly due to the price variations in bitcoin would loose their interest in buying and trading bitcoins and would start moving to some other altcoin.

I think merchants would come forward to accept bitcoin as payment only if the transactions work normally as it was before and with low fees. Stable price isn't enough to make merchants accept it.
Big delay and uncertain transactions make merchants fear to accept it, because you can buy a product and pay, but at some point the transaction is cancelled, you receive the product and the seller doesn't receive the payment.

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May 25, 2017, 06:14:20 AM
 #1786

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?
Bitcoin gains more attention due to its volatile nature.

If bitcoin had a stable price,then more merchants would come forward to accept bitcoin as payment since they don't have any risk of loss due to price fall.
On the other hand,traders who get profits mainly due to the price variations in bitcoin would loose their interest in buying and trading bitcoins and would start moving to some other altcoin.

Which is practically the foundation of bitcoins. The merchants will come to us eventually. Making the price of bitcoin stable just for the merchants to accept it is such a foolish move. But it also has its advantage. Since they will be accepting bitcoins then, and then bitcoin dies and people moves to a different cryptocurrency, then maybe they can also adopt that currency even though it's volatile. What I mean to say is that it will at least familiarize them to the basics of bitcoin.

Anything having a stable price is actually impossible since everything is based on supply and demand even the ones that weren't meant to be like that. Scarcity will always give value to something.

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ProzCoin
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May 25, 2017, 04:01:28 PM
 #1787

there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.

If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.

No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
I do have the same idea like you. The price of Bitcoin should always go up instead of standing in one place so that it can easily attract more people to invest their money. In 2016, there is no television news about bitcoin but this year, they have always mentioned Bitcoin whenever they have a chance
In fact, while the bitcoin price is stable at the moment, bitcoin will remain popular, because bitcoin is the highest priced cryptocurrency and will always be in search. Well, the current bitcoin price is affecting people to trade, or something like that to get a lot of bitcoin
The current price increase of bitcoin makes the price of altcoins down, therefore it only proved that big investors are
into bitcoin than in altcoins, also this means that it's buying time for altcoins while bitcoin remains hot.
Hodl your altcoins and you will earn a good amount of money from that. Altcoin will soon rise once Bitcoin drop its price and bitcoin will soon drop. It can not increase like that anymore

Lieldoryn
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May 25, 2017, 04:34:52 PM
 #1788

If the price of bitcoin will be stable then it will be possible to earn money on investments and deposits. This can significantly reduce the demand for bitcoin because it will cease to be different from conventional currencies. All that is valuable in the present situation that every owner of bitcoin can earn without risk. I hope it will be a long time.
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May 25, 2017, 05:36:21 PM
 #1789

If the price of bitcoin will be stable then it will be possible to earn money on investments and deposits. This can significantly reduce the demand for bitcoin because it will cease to be different from conventional currencies. All that is valuable in the present situation that every owner of bitcoin can earn without risk. I hope it will be a long time.
Also maybe bitcoin will never be trend like this. No one can earn bitcoin from the high risk if bitcoin does have stable price like no one will do gambling and theres no more trading at all to get financial every week There will be investment and all are investments to earn profit. I think it may result as bitcoin to become die and it will be presented as worthless thing.
Fireblade
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May 25, 2017, 08:40:54 PM
 #1790

there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.

If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.

No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
I do have the same idea like you. The price of Bitcoin should always go up instead of standing in one place so that it can easily attract more people to invest their money. In 2016, there is no television news about bitcoin but this year, they have always mentioned Bitcoin whenever they have a chance
In fact, while the bitcoin price is stable at the moment, bitcoin will remain popular, because bitcoin is the highest priced cryptocurrency and will always be in search. Well, the current bitcoin price is affecting people to trade, or something like that to get a lot of bitcoin
The current price increase of bitcoin makes the price of altcoins down, therefore it only proved that big investors are
into bitcoin than in altcoins, also this means that it's buying time for altcoins while bitcoin remains hot.
Hodl your altcoins and you will earn a good amount of money from that. Altcoin will soon rise once Bitcoin drop its price and bitcoin will soon drop. It can not increase like that anymore
although the investors and the trader will like to ave a big fluctuation in the price of bitcoin, but most of the people  will like the price of bitcoin so sable and they will invest in bitcoin for so many other reason. to me i think the traders who are welling to use bitcoin for transaction purpose. people will also be using bitcoin for having good stable price like gold.
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May 26, 2017, 04:41:17 AM
 #1791

there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.

If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.

No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
I do have the same idea like you. The price of Bitcoin should always go up instead of standing in one place so that it can easily attract more people to invest their money. In 2016, there is no television news about bitcoin but this year, they have always mentioned Bitcoin whenever they have a chance
In fact, while the bitcoin price is stable at the moment, bitcoin will remain popular, because bitcoin is the highest priced cryptocurrency and will always be in search. Well, the current bitcoin price is affecting people to trade, or something like that to get a lot of bitcoin
The current price increase of bitcoin makes the price of altcoins down, therefore it only proved that big investors are
into bitcoin than in altcoins, also this means that it's buying time for altcoins while bitcoin remains hot.
Hodl your altcoins and you will earn a good amount of money from that. Altcoin will soon rise once Bitcoin drop its price and bitcoin will soon drop. It can not increase like that anymore

Bitcoin be like:


It's more likely that the price will continue rising if it's rising. The price has increased tremendously and the recent drop didn't put us anywhere near the price before the pump. Altcoins "might" rise soon. No one knows anything about the future. What you're saying is purely speculation, it is based on nothing. It's just seems "unbelievable" to you that bitcoin might increase further.

Altcoins are dropping right now and the only way for them to go back to their previous price is if bitcoin goes down or if someone actually took an interest on the coin and not just some low-bie trader.

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May 26, 2017, 05:32:58 AM
 #1792

Stable price is wrong and boring if that happens bitcoin or crypto users will lose excitement. We always love to spectate fluctuating cryptocurrency prices right? its a sign of healthy ecosystem.

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May 28, 2017, 04:11:33 PM
 #1793

Much less popular then now. People want to gain some money bu investing especially on short therm, to get some and when price goes up to sell. On long therms also, but within few months anybody who invested(bought) certain amount of bitcoin he double up his founds. If the price was stable lots of them wouldn`t be to much interested.
bitbob82
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May 28, 2017, 09:21:24 PM
 #1794

Stable price is wrong and boring if that happens bitcoin or crypto users will lose excitement. We always love to spectate fluctuating cryptocurrency prices right? its a sign of healthy ecosystem.
no i think if the price of bitcoin will become stable it will be really in favour of bitcoin. trader will start using bitcoin for so many other purposes, it will make it very easy to use bitcoin for transaction purposes. but  i think that it will take a lot of time because the users of bitcoin are increasing from time to time and which s really causing the fluctuation in the price of bitcoin.
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May 28, 2017, 09:26:20 PM
 #1795

Stable price is wrong and boring if that happens bitcoin or crypto users will lose excitement. We always love to spectate fluctuating cryptocurrency prices right? its a sign of healthy ecosystem.

You might get bored and leave the cryptosphere when price become stable but definitely there will be 10 more people to join the bitcoin economy once it become stable.  Meaning speculative people like you will be out of the scene and merchant that likes stable price will come in.  Bitcoin will continue to be popular whether it is stable or highly volatile.
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May 28, 2017, 11:03:38 PM
 #1796

If the price of bitcoin will be stable then it will be possible to earn money on investments and deposits. This can significantly reduce the demand for bitcoin because it will cease to be different from conventional currencies. All that is valuable in the present situation that every owner of bitcoin can earn without risk. I hope it will be a long time.
You are completely wrong here mate,having a stable price does not mean that the price would be stuck at a given price but the volatility will be really low and hope you have heard about forex trading where we use conventional currencies and if you are hearing it for the first time ,just check that out,people are taking advantage of the price movements in every trade.
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May 29, 2017, 12:27:59 AM
 #1797

If the price of bitcoin will be stable then it will be possible to earn money on investments and deposits. This can significantly reduce the demand for bitcoin because it will cease to be different from conventional currencies. All that is valuable in the present situation that every owner of bitcoin can earn without risk. I hope it will be a long time.
You are completely wrong here mate,having a stable price does not mean that the price would be stuck at a given price but the volatility will be really low and hope you have heard about forex trading where we use conventional currencies and if you are hearing it for the first time ,just check that out,people are taking advantage of the price movements in every trade.
Not all the people here are traders and most of the population of bitcoin users are investors and users so i think it is better to be stable for the price instead of very fast changing price because it will make other people comfortable in investing and using bitcoin because they don't need to worry about having a value loss from their bitcoin because the price is already stable.
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May 29, 2017, 01:13:02 AM
 #1798

Stable price is wrong and boring if that happens bitcoin or crypto users will lose excitement. We always love to spectate fluctuating cryptocurrency prices right? its a sign of healthy ecosystem.
I think for a trader like you will be very boring when the price becomes stable. Because surely you will not be able to profit quickly because of the slow price changes


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May 29, 2017, 03:10:21 AM
 #1799

Stable price is wrong and boring if that happens bitcoin or crypto users will lose excitement. We always love to spectate fluctuating cryptocurrency prices right? its a sign of healthy ecosystem.
Yeah of course a stable price will only make the user become bored. Because they can not trade, they can only use bitcoin for long-term investments
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May 29, 2017, 03:42:09 AM
 #1800

Stable price is wrong and boring if that happens bitcoin or crypto users will lose excitement. We always love to spectate fluctuating cryptocurrency prices right? its a sign of healthy ecosystem.
Yeah of course a stable price will only make the user become bored. Because they can not trade, they can only use bitcoin for long-term investments

I am one of the users who will get bored because I love to see actions on my coins, I will trade daily and
it gives me a good income. No way it will be stable since the supply is limited and people demand's increasing.

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