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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
Palmier
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August 15, 2017, 08:55:26 PM
 #1941

I guess not. What attracted many traders is this volatility on steroids, totally unpredictable, which basically can make you huge amounts of money in a just a day - but can also do the inverse, but do not tell !
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Lubang Bawah
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August 15, 2017, 11:14:26 PM
 #1942

Certainly not, this is because people will not be interested in trading and have no hope of getting profit in the future. Stable prices will be lost by inflation so everyone will go left bitcoin.



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Finestream
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August 16, 2017, 01:20:48 AM
 #1943

Certainly not, this is because people will not be interested in trading and have no hope of getting profit in the future. Stable prices will be lost by inflation so everyone will go left bitcoin.
And because of that we will never gonna see a stable price of bitcoin, it cannot be controlled by one individual only unlike in fiat where it's controlled by the government. Here, the price move regardless of the reason, whether it's a pure news or just a hype, people love to speculate in the crypto community and you have to play their game to stay profitable.

skyline247
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August 16, 2017, 02:12:12 AM
 #1944

Why not?

Eventually the price of Bitcoin will be as stable, if not more stable than any other market. The reason it is so volatile now is because of the low market cap and the fact any person can effect the price (although at this point you would need to be a multi-billionaire to do so), but still any large corporation could affect the price and this is why we see such large rises and crashes. Actually, it is quite surprising that Bitcoin is as stable as it is given that the market cap is only in the $70,000,000,000 range... that is less than a few people's individual net worths!
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August 16, 2017, 06:28:05 AM
 #1945

Bitcoin price to dramatically rise and drop of is why this coin get more interest and popular. It attracts investors and traders. If bitcoin price stable for long time like 2 years, i think it would end up bad.
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August 16, 2017, 06:37:21 AM
 #1946

I think it wont be as popular as now it is because most attractive part of bitcoin is its price going up and down. If it has stable price then most people will lose the attraction from bitcoin.
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August 16, 2017, 06:59:59 AM
 #1947

Certainly not, this is because people will not be interested in trading and have no hope of getting profit in the future. Stable prices will be lost by inflation so everyone will go left bitcoin.
Oow…no, no, no. I don’t think that should happen anytime soon. That will be a spoiler, and will make lots and lots of people leave the platform.

As of now, I’m even seeing some of my friends quitting because there are no more options for them.to earn Bitcoin. Cloud mining is no more a good option ,so some of them changing their mind. Think of it when it then becomes stable, you will see lot of people leave immediately.

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August 16, 2017, 07:19:48 AM
 #1948

I think bitcoin in the future time, will come more and more popular and i think we can use it for all
Now we can pay a lot of service than in the past, in the future i think we can pay all, like electricity and others Smiley
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August 16, 2017, 07:40:53 AM
 #1949

I think if bitcoin will have a stable price it would not be as popular as it is today because the reason why people are looking for bitcoin is because they are hoping that what they earn today will be double after few months. They all believe that the value of bitcoin has no limit yet and it will continue to appreciate. So if it has an fixed value it will become as normal as other currencies.
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August 16, 2017, 08:04:32 AM
 #1950

Certainly not, this is because people will not be interested in trading and have no hope of getting profit in the future. Stable prices will be lost by inflation so everyone will go left bitcoin.
Not everybody here make money with trading. As I know the more popular way is mining. But you are right, I also think that people will just loose the interest in their bigger mass. No doubt that those people who mine bitcoins or do a work paid with bitcoins will stay, mostly cause of they don't have another opportunity to earn. I think I would also stay with bitcoin with work for a signature campaigns. But I think this kind of business would died soon, because of the interest would just fall.
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August 16, 2017, 08:13:14 AM
 #1951

I think if bitcoin will have a stable price it would not be as popular as it is today because the reason why people are looking for bitcoin is because they are hoping that what they earn today will be double after few months. They all believe that the value of bitcoin has no limit yet and it will continue to appreciate. So if it has an fixed value it will become as normal as other currencies.
If it's stable then we cannot call it bitcoin, that's the nature of bitcoin, it's not stable because it's volatile and it's one the reason
why people love to trade it. I myself is happy being a trader because with the active price movement, I can also actively trade and make money.
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August 16, 2017, 08:26:00 AM
 #1952

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
bitcoin now are continue to uprise i believe bitcoin had a stable price and  still popular and bitcoin is strongest coins in the cyrpto currency i think bitcoin continue pumping the value upto 5000$ before the end of this year 2017 used for many transaction as decentralized currency.
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August 16, 2017, 10:04:49 AM
 #1953

if the price is stable, then the bitcoin aka remains popular as ever
if the price came down still wrote popular because many devotees
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August 16, 2017, 10:19:46 AM
 #1954

I think that the stable price of bitcoin will lead to the loss of many users, because most people use it only because of the opportunity to earn on the growth of prices. In this case, I would start looking for another crypto currency that will provide an opportunity to earn.

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Casmania
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August 16, 2017, 01:06:38 PM
 #1955

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?
Yes, it would still be popular. Having known that there is a range or sort of "fixed" value of it, people would be confident enough to involve themselves in bitcoin.
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August 16, 2017, 01:32:38 PM
 #1956

BTCBTCBTCBTCBTCBTCBTC i hope it moves now and rise ,,, i just bought yesterday an investment pal..
and as i saw nothing happens for a day Sad not as good as it is few days ago Sad
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August 16, 2017, 01:49:39 PM
 #1957

I do not think so. Such a volatility is what bring mainstream medias in, which at the end bring more people to Bitcoin, making it more popular.
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August 16, 2017, 02:22:02 PM
 #1958

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 opinion, yes, it will still be as popular as it is now, or maybe more popular. The biggest advantage of Bitcoin is that, its price is not stable, meaning, there's always a chance that there'll be times that its price is dipping. If its value will be stable, especially if it will be highly stable, the demand will also increase. And The community of Bitcoin will also grow.

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August 16, 2017, 03:19:14 PM
 #1959

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 opinion, yes, it will still be as popular as it is now, or maybe more popular. The biggest advantage of Bitcoin is that, its price is not stable, meaning, there's always a chance that there'll be times that its price is dipping. If its value will be stable, especially if it will be highly stable, the demand will also increase. And The community of Bitcoin will also grow.
You are right if the value of the BTC is stable at a high price then demand will increase, and it helps to grow Bitcoin community. But if it keeps on increasing there is no drop in price it will affect to the traders. It should be fluctuating then only we can able to make a profit or else BTC and Fiat there is no difference.
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August 16, 2017, 03:32:39 PM
 #1960

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 bitcoin will be still popular as it is now today even if its price is stable. But it may also depend if the consuners will see that the price is that big enough to support or act as back up source for a living or to sustain needs specially talking about financial needs. In addition to that, if bitcoin's price will be stable but remains decentralized, having fast transactions and the other features related to bitcoin, I am sure it will be still popular. Added by the factor that you can gain income online.
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