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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
mantra
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June 14, 2017, 02:35:34 AM
 #1821

I strongly agree if the bitcoin price is stable, the many benefits and benefits of bitcoin, not just because we can get rich because of the unstable price. Security and speed of transactions are the most I like from bitcoin, tax free too, if bitcoin prices are stable, maybe many online stores will use bitcoin as a means of payment
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June 14, 2017, 02:43:47 AM
 #1822

Bitcoin would still be popular if it had a stable price but not the value of $0.1 or $0.01. It would get more popular especially on online merchants and online shopping if the price will be fixed. Probably they would start to accept bitcoin as payment for buying and selling because we notice that they are only few now.
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June 14, 2017, 04:04:44 AM
 #1823

Bitcoin would still be popular if it had a stable price but not the value of $0.1 or $0.01. It would get more popular especially on online merchants and online shopping if the price will be fixed. Probably they would start to accept bitcoin as payment for buying and selling because we notice that they are only few now.


Being unstable of btc makes it unique , i doubt if lot will get interested on it since we can just focus or just have our own fiat than enter in new learnings and get same of the old habbit.

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June 14, 2017, 04:09:58 AM
 #1824

is not that much populaire but bitcoin strong point is not about only the price but with anonyme transaction and saving your own money by your self.
but the strong thing that make populaire now is the price a
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June 14, 2017, 05:33:17 AM
 #1825

If the price is stable then it is not bitcoin anymore, you cannot control the price volatility because the supply is limited and there are whales who manipulate the price on their favor. Well, that is the reality and we cannot change that, instead let's study how the market moves so we can benefit from it.

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June 14, 2017, 08:48:33 AM
 #1826

Bitcoin having a stable price will never attract newcomers since new big players are here for bitcoin's volatility. If the price of bitcoin has stayed, for example, 1$ = 1BTC, people will never touch bitcoin for a long time. Somebody else will steal the idea of decentralization, anonymity, and everything else but make the economy of the new coin as something that doesn't have a stable price.

On a side note, bitcoin having a stable price is impossible.

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malikusama
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June 14, 2017, 12:22:38 PM
 #1827

No it wouldn't be popular as now it is, because the popularity of bitcoin is due to its volatility. Stable price will not attract that much people and it will also effect the trading business.
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June 14, 2017, 12:56:59 PM
 #1828

I think it would be more popular for rich people, because all rich people will found out that bitcoin is really good for long term investment because the price of bitcoin that keep stable even 5-10 years. But for traders, i think they will not trade on bitcoin anymore. Because the price that stable and hardly to decrease or increase.


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DevilSlayer
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June 14, 2017, 01:14:52 PM
 #1829

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 no. It would not be a popular if the worth of the bitcoin will have a stable price. The main reason why the people want and attract to the bitcoin because of the price that is always continuing to go up.
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June 14, 2017, 01:22:12 PM
 #1830

I don't think that if Bitcoin had a stable price, it would be this much popular because most people buy and invest in Bitcoin for the potential gains and returns they see on their investment. It's the volatility of Bitcoin which makes it one of the better investments available out there.
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June 14, 2017, 01:26:45 PM
 #1831

I think it would be more popular for rich people, because all rich people will found out that bitcoin is really good for long term investment because the price of bitcoin that keep stable even 5-10 years. But for traders, i think they will not trade on bitcoin anymore. Because the price that stable and hardly to decrease or increase.
Yeah you are right Bitcoin will be more popular when Bitcoin price will stable because there is a lot of people using Bitcoin as money for online shopping and for other online transaction and a lot of people sending their money in Bitcoin to anywhere easily and a lot of people save their money in Bitcoin but it will be too much difficult for traders no one will be trade the Bitcoin if Bitcoin price will stable .
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June 14, 2017, 01:35:11 PM
 #1832

I don't think that if Bitcoin had a stable price, it would be this much popular because most people buy and invest in Bitcoin for the potential gains and returns they see on their investment. It's the volatility of Bitcoin which makes it one of the better investments available out there.

Correct. Many of the users came to bitcoin not because of stability but the vice versa.
With its huge waves of movement there is a lot of room for profit that is why they want to join that wave.
Without that, there might be users but not this many.
I came here for that reason and I know many of us do also.
With just a stable price then I would rather invest my Peso into USD which got movements also or maybe gold or copper.

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June 14, 2017, 01:52:17 PM
 #1833

i think the more interesting part of the bitcoin is the price ..the unstable price that make everybody excited about it.
if this called bitcoin has an stable price
everybody had not yet having a chain of it and maybe everybody got nothing to do with it..ang it ends to...make the people have no interest of it


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June 26, 2017, 08:48:52 AM
 #1834

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?
In my own opinion if bitcoin has a stable price and a high price it could be popular becauseany people will be more interested to use bitcoin for an extra income. It is very easy to persuade people if has a relation to earning money.
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June 26, 2017, 10:06:19 AM
 #1835

In my opinion bitcoin is become more popular because the people and the investors see the price of bitcoin is stable. And i think more have invest in bitcoin on its stable price. More has interested because of its stable price its still popular. Many people and especially investors also attract to invest in bitcoin because of its popularity and investors believe they can get good profit. If the bitcoin is stable price its a greater chance to accept bitcoin in all shopping and online shopping. And still its become popular because of in demand. If become popular it helps the economy of the country.
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June 26, 2017, 10:31:45 AM
 #1836

Price stability can attract many new people to invest their money in bitcoin as they will start treating it as a currency

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June 26, 2017, 10:33:37 AM
 #1837

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?
In my own point of view if bitcoin has a stable price i think bitcoin would be the same because it's not about the price it's about the people, if we kick out all of the scammers here many people would like to join here for them to think that bitcoin is very legit and not a scam.
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June 26, 2017, 10:40:34 AM
 #1838

I don't think that if Bitcoin had a stable price, it would be as popular because most people who invest in and trade Bitcoin rely on its volatility for everyday's profit. Stable price also means slow growth which can also reduce bitcoin's popularity.
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June 26, 2017, 10:56:29 AM
 #1839

A stable price will reduce the popularity of bitcoin, because most users use it only for earnings. With a stable exchange rate, it will simply be an electronic currency which is complete.
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June 26, 2017, 11:03:29 AM
 #1840

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 no. It would not be a popular if the worth of the bitcoin will have a stable price. The main reason why the people want and attract to the bitcoin because of the price that is always continuing to go up.
The price of bitcoin will stable at $10 and those will never try to bought bitcoin. The main reason those are interested with bitcoin caused by its volatility give a big chance for everyone to play in the trade or money generator.
It will not be popular as now.

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