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

[Yatsan]

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 because we have another sector for that which is the Fiat so why using the bitcoin that have a stable price when we have a Fiat that have a stable price too that can use in online shopping. So in conclusion the bitcoin will not be popular if it will have a stable just like a the medium of exchange with is the fiat.

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[Viscore]

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 because we have another sector for that which is the Fiat so why using the bitcoin that have a stable price when we have a Fiat that have a stable price too that can use in online shopping. So in conclusion the bitcoin will not be popular if it will have a stable just like a the medium of exchange with is the fiat.

Bitcoin is not stable life the legal money because it is its nature and there will be a news that will help people speculate about the price
and then price will move either on upward or downward direction. That's pretty normal if you have stayed longer here, you will know more
of that when you are also holding your bitcoins as you investment.

[Rufsilf]

No. Bitcoin would not be as popular if the price of bitcoin is stable because it will become a very boring opportunity to see bitcoin in a stable price because it will be like gold which is very stable on its price and a very slow movement on its price that will make other investors leave it because they want some fast investment that will give them profits.

[ajmapalo22]

If bitcoin will have a stable price I think it will lose it's popularity..Bitcoin has been known for it's volatility many got interested on it because it's not just a sort of currency it also became a good way of investment for others and it gets more popular because no one can tell it's value in the future what they can only hold is the idea that it continuously grow as days goes by. I believe bitcoin will still grow and dominate the crypto-currency world.

[Sanitough]

If bitcoin will have a stable price I think it will lose it's popularity..Bitcoin has been known for it's volatility many got interested on it because it's not just a sort of currency it also became a good way of investment for others and it gets more popular because no one can tell it's value in the future what they can only hold is the idea that it continuously grow as days goes by. I believe bitcoin will still grow and dominate the crypto-currency world.

That's what I believe also, I think it's hard to make the price of bitcoin stable as it has limited supply and as time goes by supply
has decreased more. Bitcoin will still be popular and will result to increase of price and traders and investors will continue to make money
because more people will adopt to use it for daily transactions.

[Casdinyard]

Fluctuation attracts mostly of investors. It attracts them because they know it never be stable like there's a chance that the price will get increase over time. And because of this, they'll invest as much as they can to have a decent profit.

[Dudeperfect]

Fluctuation attracts mostly of investors. It attracts them because they know it never be stable like there's a chance that the price will get increase over time. And because of this, they'll invest as much as they can to have a decent profit.

Yes, even though the price fluctuation attracts the investors, I think people are concerned about using it as a medium to transfer the value without paying high fees or waiting for a long time. In my opinion, a stable price would definitely attract more people and companies to use bitcoin for their transactions as it offers more benefits in less cost as compared to that of fiat currencies but still, it is not going to remain stable at least for the next 10 years.

[djgtr]

Fluctuation attracts mostly of investors. It attracts them because they know it never be stable like there's a chance that the price will get increase over time. And because of this, they'll invest as much as they can to have a decent profit.

Yes, even though the price fluctuation attracts the investors, I think people are concerned about using it as a medium to transfer the value without paying high fees or waiting for a long time. In my opinion, a stable price would definitely attract more people and companies to use bitcoin for their transactions as it offers more benefits in less cost as compared to that of fiat currencies but still, it is not going to remain stable at least for the next 10 years.

yes i agree on both of you but the question if the bitcoin have a stable price would it still be as popular?in my part my answer is no because the most atracting aspects by the bitcoin is the way on how it change the value and the price.totally it is so exciting,it was like a buy and sell business.and the most exciting part is when you sell the product thet you buy in a low price to the verry high price .that was really a tripple profit it that was the case.

[kupido14]

This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.

Your in the Economics Section, I dont think so, if the stable price was lower that we usually I think it may not satisfied people for a long period of time then eventually end up to create another cryptocurrency.

[Zooplus]

This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.

Your in the Economics Section, I dont think so, if the stable price was lower that we usually I think it may not satisfied people for a long period of time then eventually end up to create another cryptocurrency.

Price of bitcoin is not stable but it satisfied people who uses it especially the investors, I don't think those who has a big
volume of bitcoin will ever want to see a stable price. If that happen, they will not gonna benefit in the pump and dump game anymore.

[Potato Chips]

This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.

Your in the Economics Section, I dont think so, if the stable price was lower that we usually I think it may not satisfied people for a long period of time then eventually end up to create another cryptocurrency.

uhhh. Look at the date of what you qouted, its on 2016, theres a huge gap on it and our current time now so i'm sure back in 2016 it wasn't here in economics section.

they might create another one for the purpose of trading or even investment if they can. however did you know that the extreme volatility of bitcoin is one of the reasons why big

merchants e.g. amazon and other governments is still refusing to accept/recognize it? i agree on what he said that it'll still be popular if the price happens to be stable.

[Chyton]

Well if Bitcoin has a stable price, I'm pretty sure that it will be as popular maybe even more popular. The thing with Bitcoin is Bitcoin can lose 30% of its value in a day based solely on rumour or gossips.

[choppork]

Well if Bitcoin has a stable price, I'm pretty sure that it will be as popular maybe even more popular. The thing with Bitcoin is Bitcoin can lose 30% of its value in a day based solely on rumour or gossips.

I think the rumour itself doesn't create that much movement for bitcoins. First, the people that wants to dump bitcoins would start spreading rumours about bitcoin. They will ask if bitcoin is this and that, that is like an introduction of the problem. And then they are going to dump the coin. Then say that it's the proof that things are actually happening. With the price decrease, people would think that it's actually true and some will panic sell because they are afraid that they might end up selling during the dip.

Simply posting stuffs about bitcoin will not make someone panic sell. You have to make a scene first. An average bitcoin user know when someone is talking FUD but then get scared once the market has moved.

[manyu22]

Bitcoin if the current bitcoin price is stable will certainly be popular.
Because when the price is declining is also still popular as well.
Because bitcoin enthusiasts will increase in number of years.

[Kemarit]

Simply posting stuffs about bitcoin will not make someone panic sell. You have to make a scene first. An average bitcoin user know when someone is talking FUD but then get scared once the market has moved.

And the most that are affected are those newbies who simply can distinguished a FUD from tjre real situation. They got scared and just sell their bitcoin based on the rumors. You have to feel compassion about them because of their misfortunes.

Well if Bitcoin has a stable price, I'm pretty sure that it will be as popular maybe even more popular. The thing with Bitcoin is Bitcoin can lose 30% of its value in a day based solely on rumour or gossips.

Bitcoin will not have a stable price, what you can see is somewhat a bearish or bullish trend. But never stable. Traders are often urged to avoid activity in the markets when volatility arises in order to avoid risks, but in doing so they may also forfeit opportunities when the largest prices movements and profits are available. Fortunately, there are some technical analysis tools, indices and trading strategies that can help traders minimize risks and maximize profits even when greater uncertainties and volatility are likely to take hold.

[Natsuu]

Bitcoin is bitcoin and its famous all over the globe and no doubt about this. The unstability of the price makes everyone wants to invest as they know it will increase and not just stay in its bench mark. The more the days are passing the more the price increases.

[Wesimon]

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 has a stable price, I think traders wont settle for it and look for a crypto currency that would allow them to profit. There are people who would want bitcoin to become stable so that they wont lose anything and wont be panicking when bitcoin geta dump but if that happened bitcoin will be just like fiat but a higher value.

[mitchr4]

I don't think so, there is so many alternative coins can make bitcoin no longer popular. If bitcoin had a stable price and movements not too far away the traders will feel bored because the profits is little. While many altcoins are very good price movements.

[webcrypt]

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?

Right now 2017 most people buying and selling bitcoins are speculators. So no. Speculators are only interested in the possibility of major rises in price.

[N1ghtcr4wl3r]

Fluctuation attracts mostly of investors. It attracts them because they know it never be stable like there's a chance that the price will get increase over time. And because of this, they'll invest as much as they can to have a decent profit.

Yes, even though the price fluctuation attracts the investors, I think people are concerned about using it as a medium to transfer the value without paying high fees or waiting for a long time. In my opinion, a stable price would definitely attract more people and companies to use bitcoin for their transactions as it offers more benefits in less cost as compared to that of fiat currencies but still, it is not going to remain stable at least for the next 10 years.

While I do agree, I think the main problem of the larger population not using BTC isn't its volatility, but the fact that people are not familiar with or don't trust cryptocurrencies in general. It will take quite some time for crypto to become widely used like fiat and by then not only BTC, but also some other coins will be stable already. I just think investors will fluctuate to other altcoins as there will always be new (and less stable) ones.