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Forbiddenone
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August 07, 2017, 02:26:57 PM |
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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. stability of coin?bitcoin is popular because of two reason-1)it was first cryptocurrency developed 2)popularity among others as its trading application are much as compared to other coin.if bitcoin become stable then there is no difference in fiat and bitcoin ,it will become similar to tether which is just an application of cryptography. |
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aryana42
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August 07, 2017, 03:10:33 PM |
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If bitcoins are stable in terms of exchange rates, then bitcoin has been used by almost everyone in the world for its financial activity and popularity not needed. Because same as other conventional currencies. Which of course, with limited supply, would make bitcoin price very huge at that time.
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Rinder
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August 07, 2017, 04:25:45 PM |
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From one side if bitcoin where with a stable value it would be hold by much more people, and well it could be mainstream already, but what would be the benefict of hold bitcoin, besides freedom. The other side is volatilaty bringed huge investments over bitcoin and crypto, wich is making and changing a lot some people lifes.
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tengek37
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August 07, 2017, 07:31:54 PM |
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Bitcoin continue to be popular as media proclaim it and as long as many people around the world always use it for transactions even price has stable
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jpoker272727
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August 07, 2017, 10:08:02 PM |
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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. It won’t be much popular as it is while being volatile. Some people are going to lose interest in it, and most of them will feel like “it’s over, let’s just withdraw our funds from it”. But know this, once the old people withdraw their funds, it makes way for a new people to start investing and the price will become volatile again until it hits the limit. |
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Gameroid
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August 07, 2017, 10:55:17 PM
Last edit: August 08, 2017, 03:10:56 AM by Gameroid |
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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.
i also think that it will make bitcoin more popular, because to me if bitcoin will become stable then the local investors will also start taking interest in bitcoin and they will surely make bitcoin more powerful by start investing a great amount of money in bitcoin. i think people have already start taking interest in bitcoin. |
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YTBitcoin
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August 07, 2017, 11:37:47 PM |
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From one side if bitcoin where with a stable value it would be hold by much more people, and well it could be mainstream already, but what would be the benefict of hold bitcoin, besides freedom. The other side is volatilaty bringed huge investments over bitcoin and crypto, wich is making and changing a lot some people lifes.
Stability would not have attracted such a large number of supporters. Bitcoins are already acting as mainstream investment. In my opinion volatility is the basic features of the bitcoins that has been enchanting people since its creation. The unstable nature of bitcoins does provide newcomers opportunity of stepping into bitcoin trading. |
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ladydark
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August 08, 2017, 09:14:31 AM |
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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 is highly popular among traders because of its price volatility and they make huge profits by trading out of this difference.If bitcoin has a stable price,then traders would stop buying bitcoins. Retailers do not come forward to accept bitcoin payments because of its high volatile nature.If bitcoin price becomes stable,then they would start accepting bitcoin payments. |
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joseafonso123az
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August 08, 2017, 11:56:05 AM |
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If it gets stable, I think the big guys in investing will get more interested in bitcoins. People often are afraid of losing their investments if bitcoin's value decrease or burst. So this would indeed increase it's popularity.
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Franky00
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August 08, 2017, 12:03:39 PM |
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No, bitcoin with a stable price will not be so popular. It is mainly used only because of the opportunity to earn money at a rapid price increase, and without it, the interest of most investors will lose interest.
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Kronos21
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August 08, 2017, 12:21:51 PM |
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No, bitcoin with a stable price will not be so popular. It is mainly used only because of the opportunity to earn money at a rapid price increase, and without it, the interest of most investors will lose interest.
I disagree with you. Even if the price of bitcoin will be stable it will not reduce people's interest in the earnings of the currency. Can indeed reduce the interest of speculators, but I think that currency will become stronger. |
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Mpamaegbu
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Once a man, twice a child!
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August 13, 2017, 03:14:50 AM |
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If it gets stable, I think the big guys in investing will get more interested in bitcoins. People often are afraid of losing their investments if bitcoin's value decrease or burst. So this would indeed increase it's popularity.
This is not true. You and I should know that the excitement with Bitcoin is the price fluctuations. It isn't really because of the beauty of the designed symbol. If it came to that there are many coins finer in design than Bitcoin. Market volatility is what gives traders the profit they seek or the loss they acquire. Look at dogecoin and other stable coins and check what the trade volume and market caps are. Most people don't get interested in stable coins |
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MMA
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August 13, 2017, 04:38:31 AM |
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If it gets stable, I think the big guys in investing will get more interested in bitcoins. People often are afraid of losing their investments if bitcoin's value decrease or burst. So this would indeed increase it's popularity.
This is not true. You and I should know that the excitement with Bitcoin is the price fluctuations. It isn't really because of the beauty of the designed symbol. If it came to that there are many coins finer in design than Bitcoin. Market volatility is what gives traders the profit they seek or the loss they acquire. Look at dogecoin and other stable coins and check what the trade volume and market caps are. Most people don't get interested in stable coins in fact we are currently using bitcoin for investment therefore we cannot think about that the price of bitcoin should be stable but I think in future when people will start using bitcoin as currency then it will be more important that bitcoin should have a very stable price so that people can use it without any reluctant and worry. |
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ermaxinc
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August 14, 2017, 02:23:30 PM |
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Bitcoin will be more popular if the price is stable. More will choose bitcoin as an investment.
Because bitcoin is a digital currency that is very easy to use.
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stomachgrowls
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August 14, 2017, 02:31:18 PM |
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Bitcoin will be more popular if the price is stable. More will choose bitcoin as an investment.
Because bitcoin is a digital currency that is very easy to use.
I dont think so that bitcoin would be still popular when it comes to investment because we do know we are earning profits when the price isnt stable which we can see as of now. Bitcoin would remain volatile and it cant really be chance since theres always a tug of war between sellers and buyers or between demand and supply. It might be a good thing for those merchants who would accept bitcoin because they know price wont really move anymore. |
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conected
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August 14, 2017, 03:34:35 PM |
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Bitcoin will be more popular if the price is stable. More will choose bitcoin as an investment.
Because bitcoin is a digital currency that is very easy to use.
I dont think so that bitcoin would be still popular when it comes to investment because we do know we are earning profits when the price isnt stable which we can see as of now. Bitcoin would remain volatile and it cant really be chance since theres always a tug of war between sellers and buyers or between demand and supply. It might be a good thing for those merchants who would accept bitcoin because they know price wont really move anymore. I agree with you, Bitcoin is an ideal investment and bring the most profit now because the instability of prices, so if the price of bitcoin becomes stable, we will not make profits, that also means we will need to look for new investments. Really want the price of bitcoin stable is not possible, whales will never let that happen, they will always find ways to create instability to make more money with bitcoin. |
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sheldonnnn
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August 14, 2017, 07:12:41 PM |
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I think that the large and rapid growth in the price of bitcoin is due precisely to its popularity. When people stop buying bitcoin so actively then the price will stabilize. Price and excitement are mutually conditioned.
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horsecoinchina
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August 15, 2017, 07:57:54 PM |
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bitcoin is loved by many for the fact that its censuses are very dynamic.  |
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laxinternational
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August 15, 2017, 08:03:31 PM |
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I think that the large and rapid growth in the price of bitcoin is due precisely to its popularity. When people stop buying bitcoin so actively then the price will stabilize. Price and excitement are mutually conditioned.
The unstable price of bitcoin would be when the volatility of bitcoin decreases. The volatility is not decreasing actually. Then it's not realistic to ask this question to me. |
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EXITCORNER
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August 15, 2017, 08:53:25 PM |
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if btc stable price i think surely not popular like now but still exist as payment transaction big magnet from btc is investment profitable for short n long term *for now hehe  so if there stable n there's other thing way to make some money like btc this time, what you gonna do? surely move to other thing that's human basic habit haha |
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