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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
Polar91
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August 06, 2017, 08:42:18 AM
 #1901

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
I dont think so bitcoin was known from dumping and pumping its value, it may reach 1.3 k but still people continuously working with it , I dont think people will try to find another fruitful crypto-currency since bitcoin was the first and only crypto which can provide us faster way of earning.
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August 06, 2017, 09:03:30 AM
 #1902

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 not since stocks and forex is already existing and traders have already experienced with it and a new player just entered the game with the same status. Also, it has piqued the interest of the people because of its volatility and high price in just a short amount of time which can attract traders so a stable price would not make the bitcoin be as popular as it is now.

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August 06, 2017, 09:08:22 AM
 #1903

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 not since stocks and forex is already existing and traders have already experienced with it and a new player just entered the game with the same status. Also, it has piqued the interest of the people because of its volatility and high price in just a short amount of time which can attract traders so a stable price would not make the bitcoin be as popular as it is now.

If it gets stable there will be forex people trading at it just like they do with other normal currencies so it will become kind of mainstream, however the big players that profit of bitcoin being able to go from 3000 to 2500 dollars in a matter of hours or few days will abandon it as it won't make them that much of a profit anymore, so they most likely will jump to a new altcoin that can be easily pumped and dumped, however these will be times when bitcoin hits mainstream enough, so that it won't affect him much, moreover it will encourage cautious people to invest in it as it won't be some random speculations anymore, but stable calm price.
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August 06, 2017, 11:00:34 AM
 #1904

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?
It depends, if it's highly stable, then it will surely be popular. But if Bitcoin's value is stable when it's not high, ofcourse  it won't be popular especially in the market. If its price is on the average, I think it will still be popular. They can still get profit from it maybe in the trading. Average Bitcoin's price stability is definitely better than it has low price. It will also be used more often because they won't be worried that its price will dip.

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August 06, 2017, 11:37:48 AM
 #1905

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 don't think it will be popular more than were it is now with volatility. It value is what bring about this volatility and it's volatile nature is what brings about it being popular. For me I came to know about bitcoin when I read an online blog about how bitcoin has returned thousand of dollars to the early investors.
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August 06, 2017, 12:07:40 PM
 #1906

If bitcoins price comes to a point on where its price have been stabilize already then im sure we are already on the state on where it is being already accepted worldwide since price is stable already.Yes,it would really be famous since its been known by most people but for sure traders and investors would really jump in another coin which is volatile because they cant able to make profits if the price is already stable.

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August 06, 2017, 01:35:09 PM
 #1907

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 don't think it will be popular more than were it is now with volatility. It value is what bring about this volatility and it's volatile nature is what brings about it being popular. For me I came to know about bitcoin when I read an online blog about how bitcoin has returned thousand of dollars to the early investors.

I have to agree with you even though I have my reservations about it. Bitcoin would still be popular regardless of its constant price among students/people who are looking for an alternative way on earning money. One example here would be the signature campaigns since they pay fixed or per post. I take the volatility of the prices of bitcoin as a bonus in my pay. The government of each country also might intervene and accept it as an alternative medium of exchange if the price is constant and regulation would be easier for them. But the downside of this, this would not attract investors who are taking advantage of its price being volatile.


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August 06, 2017, 01:48:05 PM
 #1908

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?

What do you think when the price of the dollar is stable and it is still used all over the world? In a more understandable way, people always want to use things that are truly stable. So, once Bitcoin is stable, I think it will become even more popular
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August 06, 2017, 02:18:16 PM
 #1909

    I don't know maybe yes or maybe know, it also depends on how the people engage  it or what is their own approach about bitcoin. For me if  it would be in a stable price I think I would still choose it, even if its popularity is low, its because the benefits and its uniqueness will be a big use for me, as even now we choose it because of being volatile and decentralized. So what else can we askfor?

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August 06, 2017, 02:29:36 PM
 #1910

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?

What do you think when the price of the dollar is stable and it is still used all over the world? In a more understandable way, people always want to use things that are truly stable. So, once Bitcoin is stable, I think it will become even more popular
Important when the price of Bitcoin stable, the government on the world's accept it or not! If they not accept Bitcoin as new payment gate online for people between countries, I think Bitcoin still not popular with all people, because they think Bitcoin not legal and for UG.
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August 06, 2017, 02:48:04 PM
 #1911

If bitcoin has a stable price from the very start, no one would have interest to use. Because one of the best thing about bitcoin is it can allow us to buy low sell high. Which can also give us profit. So if bitcoin is stable, we will lose this kind of opportunity. It's more exciting everyday because you will learn when and how to buy and sell.
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August 06, 2017, 02:49:24 PM
 #1912

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 people looks on how to earn big and more
Bitcoin now is popular becasue of the price rate.Maybe you lose if bitcoin price is cheap but when price is going up you can have your cash higher or become plenty.Even though its a volatile situation buy theres still hope to be rich.
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August 06, 2017, 07:53:01 PM
 #1913

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 people looks on how to earn big and more
Bitcoin now is popular becasue of the price rate.Maybe you lose if bitcoin price is cheap but when price is going up you can have your cash higher or become plenty.Even though its a volatile situation buy theres still hope to be rich.
The stability has not played any role in attracting or losing investors rather the instable nature of crypto currencies have attracted masses. The unstable nature provides many opportunities for the investors of earning grand profit which is not possible with stable prices.
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August 06, 2017, 08:13:10 PM
 #1914

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 people looks on how to earn big and more
Bitcoin now is popular becasue of the price rate.Maybe you lose if bitcoin price is cheap but when price is going up you can have your cash higher or become plenty.Even though its a volatile situation buy theres still hope to be rich.
The stability has not played any role in attracting or losing investors rather the instable nature of crypto currencies have attracted masses. The unstable nature provides many opportunities for the investors of earning grand profit which is not possible with stable prices.

That is why i use to tell that Dont compare Bitcoin with fiat currency because Bitcoin is a good investment option just like Gold and Silver type precious metals. Because for currency first it should have stable price rate.

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August 06, 2017, 11:39:37 PM
 #1915

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 people looks on how to earn big and more
Bitcoin now is popular becasue of the price rate.Maybe you lose if bitcoin price is cheap but when price is going up you can have your cash higher or become plenty.Even though its a volatile situation buy theres still hope to be rich.
but i think yes that if bitcoin become so much stable even then it will be too much popular and i think that it will even become more popular becasue the businessmen will stat using bitcoinn for transaction purpose and for so many other purposes. therfore i think bitcoin will become too much popular.
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August 06, 2017, 11:50:36 PM
 #1916

cryptocurrency presents other futures not only investing, but easier transactions, safer payments, anonymous usage and other futures if the price would be stable it will show the higher interest from investors because if it's stable priced you cant risk your value to be downpriced then almost the section which will have this coins would be people intrested on using bitcoin for normal things like buying someithng for lower price because it have lower request price for making deals   


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August 07, 2017, 02:22:08 AM
 #1917

cryptocurrency presents other futures not only investing, but easier transactions, safer payments, anonymous usage and other futures if the price would be stable it will show the higher interest from investors because if it's stable priced you cant risk your value to be downpriced then almost the section which will have this coins would be people intrested on using bitcoin for normal things like buying someithng for lower price because it have lower request price for making deals   
Stable price seems not the game here in crypto world and the main reason is the low supply and high demand, if that happen daily
then we can surely see the price will pump and when demand is continues there is not limit of price increase.

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August 07, 2017, 03:05:36 AM
 #1918

I think that makes bitcoin popular because bitcoin has a very fluctuating price, most people use bitcoin because it sees the price is fluctuating so many who trade in it for the benefit. If bitcoin prices remain stable then bitcoin users will also be stable and bitcoin users will not increase.
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August 07, 2017, 01:05:40 PM
 #1919

I think that makes bitcoin popular because bitcoin has a very fluctuating price, most people use bitcoin because it sees the price is fluctuating so many who trade in it for the benefit. If bitcoin prices remain stable then bitcoin users will also be stable and bitcoin users will not increase.


The status of bitcoin is always changing and fastest growing makes the bitcoin users interest to invest. This is the reason why they make it easier to remember due to popularity and stability of coin.
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August 07, 2017, 02:17:14 PM
 #1920

Right now, most of the users are hoarding Bitcoins, as the prices are rising day by day. If the prices remain stable, then neither the margin traders, nor the long-term investors will show much interest in the crypto-currency.
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