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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
nexus99
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August 16, 2017, 03:40:28 PM
 #1961

It would be just as popular or even MORE popular, as it is a decentralized currency. That's the big benefit. A stable price would attract even more people to Bitcoin
mware
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August 16, 2017, 03:42:04 PM
 #1962

If bitcoin will have a stable price I think it will still be popular because it is used as a payment method that is widely adopted by merchants. However, it may not be used as a long-term investment because there will be little profit potential.
no0dlepunk
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August 16, 2017, 03:55:54 PM
 #1963

If altcoins become popular too, then bitcoin will gain more popularity once it's price becomes stable. Everybody knows that altcoins get pumped everytime bitcoins become steady... But anyway, it should not matter because bitcoin is designed as a payment mode and as a money remittance, not as an asset. Once the price gets stable then it would definitely serve it's purpose very well.
CowboyKiller
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August 16, 2017, 04:20:08 PM
 #1964

It would be just as popular or even MORE popular, as it is a decentralized currency. That's the big benefit. A stable price would attract even more people to Bitcoin
Yeah, the decentralized currency will helps us avoid the corruption when use money and nobody can control this currency (in future). Because when the value of Bitcoin very high and have a huge number user, the price of Bitcoin will stable and not easy control like now.
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August 17, 2017, 02:54:28 AM
 #1965

Of course yes, bitcoin is already popular because of the sole reason that it can produced profit for anyone. It gives extra earning to those who work there even without a capital and it doesn’t need high qualification to work and earn there. It creates opportunity for many people who don’t have jobs for many reason’s  like those who don’t have high educational attainment or experience that other work’s main qualification to support they’re financial needs.

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August 17, 2017, 05:51:59 AM
 #1966

Of course yes, bitcoin is already popular because of the sole reason that it can produced profit for anyone. It gives extra earning to those who work there even without a capital and it doesn’t need high qualification to work and earn there. It creates opportunity for many people who don’t have jobs for many reason’s  like those who don’t have high educational attainment or experience that other work’s main qualification to support they’re financial needs.
There are a lot of things we can do to earn bitcoin but let's always remember that in working to earn it's not bitcoin who is giving us money but the people whom we can consider as our employer. If you look at close and analyze, business are being established because bitcoin is the best payment system for now that is not yet discovered by a lot of people, it's technology is very useful to any project and there are a lot of project who use the blockchain that is inspired by bitcoin. Where there is a bigger demand price will be stable but it's not the reality, there is a pump and dump and we will always gonna see that.

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Williamscott
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August 17, 2017, 06:58:35 AM
 #1967

It's very hard to achieve Bitcoin to be stable. I don't know if that would affect its popularity but it would affect the status on the financial market. But then the whole story with Bitcoin would go in some other way, not necessary better then it is now.
Sled
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August 17, 2017, 09:36:28 AM
 #1968

It's very hard to achieve Bitcoin to be stable. I don't know if that would affect its popularity but it would affect the status on the financial market. But then the whole story with Bitcoin would go in some other way, not necessary better then it is now.
It is not hard for bitcoin to get stable because it just need a lot more investor and holder of bitcoin to be able to get stable on its price. If bitcoin will get a lot of holders then there will be only a few supply in the market and because of that low supply the market will get forced to be stable and that is how i believe bitcoin will become stable in price.
supandi wiharja
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August 17, 2017, 10:08:00 AM
 #1969

I think if bitcoin prices stabilize and prices keep rising, it might be a place for many people to invest, just like gold.
If the price is always stable then bitcoin will be more popular.
And everyone might invest a lot in bitcoin, and leave investing in gold.

oliver scott
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August 17, 2017, 02:32:04 PM
 #1970

The thing is some people invested into bitcoin because the huge price achieved for something very new, the 1000 dollars bringed huge investment into bitcoin. The fluctuations around bitcoin were the main reason people close their positions or took their savings and camed to bitcoin.
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August 17, 2017, 05:17:00 PM
 #1971

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 dont think so. Having a non-stable price of bitcoin makes it popular. Because there are chances that its price will pump very high but also dump after all. But who cares it will be back again to its price sooner. The best thing about here is that it has no fixed price, it is not limited.

curved9inch
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August 17, 2017, 06:01:36 PM
 #1972

I just thought about it but... you're taking the problem the wrong way ^^

In fact, to have a stable price, bitcoin would need to be much more popular!
The only way to stabilise price is to get a mainstream currency
chaturbateaccount
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August 17, 2017, 06:02:03 PM
 #1973

i Dont think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore/
Cosbycoin
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August 17, 2017, 06:57:54 PM
 #1974

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.
There is no doubt that bitcoins are the most cherished and popular currency of the digital world. People are leaving fiat for bitcoins due to their decentralized nature. I don’t think so bitcoins are stable in nature and I believe they will never ever be stable even in the future. Stability will decrease its charm.
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August 17, 2017, 07:06:52 PM
 #1975

No, I think it would be less popular, because the traders helped a lot to make it more popular and rised its value. Theoretically it would be sufficient to have a fixed exchange rate, but as it's a decentralized system this will never happen!

I think it will still be popular. First it is the first digital currency and second if it is more stable, it will be easier to use offline because people will be having no doubt on investing or accepting this kind of digital currency. But unfortunately as you've said, bitcoin is not a centralized currency so it will not be happening.
millgates
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August 17, 2017, 10:32:59 PM
 #1976

No, I think it would be less popular, because the traders helped a lot to make it more popular and rised its value. Theoretically it would be sufficient to have a fixed exchange rate, but as it's a decentralized system this will never happen!

I think it will still be popular. First it is the first digital currency and second if it is more stable, it will be easier to use offline because people will be having no doubt on investing or accepting this kind of digital currency. But unfortunately as you've said, bitcoin is not a centralized currency so it will not be happening.
People are not only interested in Bitcoin prices, but also interested in characteristics of bitcoin such as the decentralized in nature, transparency and fast transaction. So many companies accept Bitcoin because they are know that it is very useful technology.
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August 17, 2017, 11:36:18 PM
 #1977

It's very hard to achieve Bitcoin to be stable. I don't know if that would affect its popularity but it would affect the status on the financial market. But then the whole story with Bitcoin would go in some other way, not necessary better then it is now.
It is not hard for bitcoin to get stable because it just need a lot more investor and holder of bitcoin to be able to get stable on its price. If bitcoin will get a lot of holders then there will be only a few supply in the market and because of that low supply the market will get forced to be stable and that is how i believe bitcoin will become stable in price.
Thats true. I think the bitcoin price will be stable as time goes by. Stable prices will inevitably happen in the future. Because users will continue to arrive and when the number of users is very much of course market cap will also be very large. And this is what will make the price stabilize. But I think bitcoin will still be popular considering bitcoin has billions of users when prices stabilize
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August 18, 2017, 01:51:21 AM
 #1978

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 it is, when you compile every $0.01 it make sense , it will still orovide you money to pay your expenditures online and other daily expenses, but the thing is you cannot be dependent on it, since it obtains small amount it may be hard for you to live if you will be dependent on its profit, extra income will do but not totally get every thing you need from it.
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August 18, 2017, 02:01:35 AM
 #1979

If bitcoin will have stable price people will not get interested in bitcoin investment, there would be no trading that can happen and people will surely convert whatever bitcoin they have into fiat because there would be no used if they save it. Surely if bitcoin value is stable it will never be as popular as it is today because the reason why people love bitcoin is the idea of unpredictable value from time to time which open up a lot of opportunity for additional income.

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August 18, 2017, 02:23:09 AM
 #1980

It's very hard to achieve Bitcoin to be stable. I don't know if that would affect its popularity but it would affect the status on the financial market. But then the whole story with Bitcoin would go in some other way, not necessary better then it is now.
It is not hard for bitcoin to get stable because it just need a lot more investor and holder of bitcoin to be able to get stable on its price. If bitcoin will get a lot of holders then there will be only a few supply in the market and because of that low supply the market will get forced to be stable and that is how i believe bitcoin will become stable in price.
Thats true. I think the bitcoin price will be stable as time goes by. Stable prices will inevitably happen in the future. Because users will continue to arrive and when the number of users is very much of course market cap will also be very large. And this is what will make the price stabilize. But I think bitcoin will still be popular considering bitcoin has billions of users when prices stabilize

actually there is nothing called stable price in cryptocurrency world , you know why? because it is decantralized nobody can rule it and the market only controlled by each of us in different places around the world , which means it looks impossible to happened bitoin has stable price.

unless we are have the same desire and interest in bitcoin at the same time continuously in the ling run.

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