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

[Lancusters]

If bitcoin becomes more stable it will only do him good. Now due to its instability a lot of speculation that exacerbates price spikes. This discourages sellers from using bitcoins to trade and inhibits growth in popularity of bitcoins. Any strong currency should be stable and it is only to her advantage.

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[Nathland]

A lot of people who have Bitcoins are traders and hid Bitcoin loosens it's volatility and becomes stable then traders would shift to other altcoins and Bitcoin will become less popular .

[Rostadom]

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.

It will be popular and at the same time, impossible. There's just no market out there that have a constant supply and demand ratio so the price is stable. Even the oil, dollars, and other stocks fluctuate constantly. Let's do an assumption that bitcoin stayed on $2700 price. Bitcoin will still be popular but only momentarily. It's just a matter of time before someone steal all the hype and all of bitcoin's fame. The investors wouldn't want a price that doesn't move. They invested on this coin because of its volatility and now its gone. They have no other choice but start investing on some other coins and eventually forget about bitcoin.

Lol Bitcoin "enthusiasts" will be an enthusiast of some other things once bitcoin has become unprofitable.

[Eternu]

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?

Well to be totally honest... i do not think it would be popular. Well at least not thins much. There would still be people who use it, because i think it is a good currency, and it have some advantages. But there is chance to become even more popular. It could become worlds currency, it has that potential if you ask me, only than it would be even more popular than now.

[Haiduongbg]

To be honest, I think it will become less popular. A majority of people hold Bitcoin as a speculative asset and they prefer its volatility.The more volatility is the more new investors are lured in. If Bitcoin had a stable price, people will dump and go after altcoin

[Aamir1]

Bitcoin will be popular in both situations, whether the price is stable or volatile, because there are two kinds of people in the world, one of them are those who are always running behind profit and looking for any possible ways to get that, and second ones are those who are always afraid of losing money and are always looking for a way to keep their money safe and the way they kept them. So, if bitcoin is volatile, the first group is happy as they can get profit out of it, and if it is stable, the second group is happy because they can keep their money safe for years in the same state they kept them.

[TheBTCAlex]

Well, well, there are actually two sides to that coin
On one hand, many people who want in onto the BTC community are not joining due to its volatile nature. A stable price could fix that and give a popularity boost to it.
On the other hand, for the skilled and experienced traders out there, the volatility is one of the biggest reasons they can profit a large sums, buying low and selling high.

I personally prefer the kind of volatility BTC has actually, it allows me to speculate its price in the near future and also kinda adds a sense of adventure to the whole thing  

[hahay]

When bitcoin prices are unstable, bitcoin still becomes popular. Can not be imagined if bitcoin prices can be stable, that sure will make bitcoin more popular. Very unlikely if price of bitcoin have stabilized will lost its users, it is an incident that will not happen. Bitcoin will become more popular as time goes by.

[dmamigo]

To be honest, I think it will become less popular. A majority of people hold Bitcoin as a speculative asset and they prefer its volatility.The more volatility is the more new investors are lured in. If Bitcoin had a stable price, people will dump and go after altcoin

Ya, same thoughts, actually the volatility is only attracting people/investors. If the price becomes too stable, how are the short term traders going to earn. And also it will effect the mindset of long term investors as well. Moreover its not possible that the price will be stable forever, might be the trade volume goes down resulting in slight stability, but it will be for a time being only.

[jak3]

to be honest, some majority of people love that Bitcoin has a volatile price which allows them to bring a new technique called crypto trading which is very less risky than forex, but others think it would be great if its price had become stable but they still use Bitcoin for their personal needs. so I think its doesn't really matter now people are gonna use it even if it has an extremely stable price I mean a constant price like our faint currencies.

[Bee Leb07]

No, if bitcoin had a stable price, them it would not be still as popular as this time. Because people are dependent in bitcoin for the variation of the price day by day. So it makes the people to think about more money for the increase of the rate. Though it has gained many popularity, but still the rate of people will not be as popular as now.

[chichigirl]

In my opinion,If bitcoin posses a stable price i will hold it and consider my bitcoin as my long form of investment or my savings. I will hold it until i need it on my future needs. I will surely look for a better opportunities that will give me a better profit.

[Lomberjack]

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 have been already popular even its price value are not stable. So I think that if bitcoin's price becomes stable, I think it will be still popular and be used because it creates opportunity for many people to earn a living online to support financial needs. The popularity of bitcoin if ever its price will be stable is depending if its price value is that high to attract many people to continuously use it. But I think even its price is not that high, there will be still users because it is a great opportunity earning online.

[batang_bitcoin]

In my opinion,If bitcoin posses a stable price i will hold it and consider my bitcoin as my long form of investment or my savings. I will hold it until i need it on my future needs. I will surely look for a better opportunities that will give me a better profit.

But bitcoin is the best opportunity that we have met and known, why would you look for better opportunities? There might be good opportunities that can be good for you. And with the price of bitcoin, I can't say if it will be popular if it had a stable price. But because of it's anonymity, transactions and with the blocckhain technology, it will still be popular.

[Barbarian]

In my opinion,If bitcoin posses a stable price i will hold it and consider my bitcoin as my long form of investment or my savings. I will hold it until i need it on my future needs. I will surely look for a better opportunities that will give me a better profit.

But bitcoin is the best opportunity that we have met and known, why would you look for better opportunities? There might be good opportunities that can be good for you. And with the price of bitcoin, I can't say if it will be popular if it had a stable price. But because of it's anonymity, transactions and with the blocckhain technology, it will still be popular.

Correct there is nothing better than bitcoin, you can earn more money with altcoins but you can lose more money as well so I think bitcoin is the better overall investment since it does not have those risks and you know it is going to be around for a long time and the same cannot be said about altcoins.

[Zooplus]

In my opinion,If bitcoin posses a stable price i will hold it and consider my bitcoin as my long form of investment or my savings. I will hold it until i need it on my future needs. I will surely look for a better opportunities that will give me a better profit.

But bitcoin is the best opportunity that we have met and known, why would you look for better opportunities? There might be good opportunities that can be good for you. And with the price of bitcoin, I can't say if it will be popular if it had a stable price. But because of it's anonymity, transactions and with the blocckhain technology, it will still be popular.

Correct there is nothing better than bitcoin, you can earn more money with altcoins but you can lose more money as well so I think bitcoin is the better overall investment since it does not have those risks and you know it is going to be around for a long time and the same cannot be said about altcoins.

Bitcoin and altcoins offers the same opportunity to us but everything requires timing.
Although bitcoin is now the most popular but if you look into consideration some alts as well you can see there are
altcoins that grows more than bitcoin has achieve today.

[batang_bitcoin]

In my opinion,If bitcoin posses a stable price i will hold it and consider my bitcoin as my long form of investment or my savings. I will hold it until i need it on my future needs. I will surely look for a better opportunities that will give me a better profit.

But bitcoin is the best opportunity that we have met and known, why would you look for better opportunities? There might be good opportunities that can be good for you. And with the price of bitcoin, I can't say if it will be popular if it had a stable price. But because of it's anonymity, transactions and with the blocckhain technology, it will still be popular.

Correct there is nothing better than bitcoin, you can earn more money with altcoins but you can lose more money as well so I think bitcoin is the better overall investment since it does not have those risks and you know it is going to be around for a long time and the same cannot be said about altcoins.

I just want to add that there are risks in bitcoin, we can't predict what's going to be right price of bitcoin in the end. Altcoins came out from bitcoin and it will always be good for trading only. Bitcoin will always be popular if it doesn't have a stable price as this is also making others believe that there's something to benefit.

[blckhawk]

bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...

Bitcoin right now have many strong and competitive users.  As the day passes,  the price of bitcoin isn't still stable but it has a changing price.

[galactica]

If it had a more stable price I think it would be more readily be used for everyday transactions and therefore popularity would increase. Right now most people who buy Bitcoin are only looking at it as a speculation/investment vehicle.

[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.

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.

Yes, but the main concern about larger companies is the transaction value which they expect to remain same at least during the transaction period and since they have a high volume of transactions with high amount involved in it, they are the little bit scared with going with something that offers less stability as you mentioned. I think that faster transaction would solve this problem up to some extent as companies are happy to save their transaction costs.