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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
genocide
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August 22, 2017, 01:07:59 PM
 #2001

I think that if bitcoin is a stable price, it will not be very popular, I believe that most people like me, are a speculator, from which to earn the difference to obtain profits, bitcoin currency prices stable, early will not have extensive popularity. Smiley


If bitcoin had a stable price then it would not be as popular to the people because they will not be able to profit that much. Also, bitcoin became much more popular because a lot of people witnessed how its price increased as it doubled within just a few months. Its volatility is the reason why bitcoin is becoming more and more popular. As long as its value continously rises, it will continue to attract more people to invest.
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August 23, 2017, 02:41:39 AM
 #2002

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.
Let's just get ourselves used to it, the price is never stable as it's volatile but look more on the entire progress, the price now is bigger
compared to the past and that means if you are still holding until now, you make a good amount of profit already.

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bakkang
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August 23, 2017, 02:10:41 PM
 #2003

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
But as time goes by bitcoin become popular to people because of its amazing price. As I can observe bitcoin is not very familiar to everyone because the price before us not really an amazing but if you notice people is now knowing the bitcoin because of its high price now. So I think one factor that bitcoin become popular is its price.
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August 23, 2017, 02:16:01 PM
 #2004

The price of bitcoin is unstable, but it is only for a short period of time. If you look over a month or a year the price of bitcoin is constantly growing. This means that there is no cause for concern. People want bitcoin is growing every day, but it never happens.
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August 23, 2017, 02:33:53 PM
 #2005

The price of bitcoin is unstable, but it is only for a short period of time. If you look over a month or a year the price of bitcoin is constantly growing. This means that there is no cause for concern. People want bitcoin is growing every day, but it never happens.

No man. The price of bitcoin is not unstable for a short period of time, but it has been unstable since it was created. Of course it has always been growing in long term, but it is fluctuating all the time. Sometimes it goes high, sometimes it comes down, and that is how it has reached here. I don't think bitcoin could get such a big user base if its price was stable at some moment in past. It reached here because of its fluctuating nature, and it will go higher because of this too.
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August 23, 2017, 04:24:45 PM
 #2006

I believe that the stable price of bitcoin will not bring him such popularity as now. It will simply be a conventional e-currency and investors will throw it back into more valuable assets.
kpcian
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August 23, 2017, 05:09:38 PM
 #2007

I think the stable price will not get more popularity than unstable price. it is not like the conventional money that is why the stable price will not suit with it. it has become popular around the world due to its increasing rate of price. if this price value would not increase then this popularity would not have been established as like today. so the stable price will not encourage the people to join this platform.
whaawh
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August 23, 2017, 05:13:26 PM
 #2008

I think the stable price will not get more popularity than unstable price. it is not like the conventional money that is why the stable price will not suit with it. it has become popular around the world due to its increasing rate of price. if this price value would not increase then this popularity would not have been established as like today. so the stable price will not encourage the people to join this platform.
The fact is that it is an unstable price that gives popularity to bitcoins among traders and this gives an opportunity for a good profit on the difference in the price of Bitcoin. But if we hope for the popularity of Bitcoin Among the whole society, then every person on Earth will be satisfied only because the currency has a certain stability.
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August 23, 2017, 05:29:12 PM
 #2009

I think the stable price will not get more popularity than unstable price. it is not like the conventional money that is why the stable price will not suit with it. it has become popular around the world due to its increasing rate of price. if this price value would not increase then this popularity would not have been established as like today. so the stable price will not encourage the people to join this platform.
The fact is that it is an unstable price that gives popularity to bitcoins among traders and this gives an opportunity for a good profit on the difference in the price of Bitcoin. But if we hope for the popularity of Bitcoin Among the whole society, then every person on Earth will be satisfied only because the currency has a certain stability.
In bitcoin invested more amount of speculative money. If for any reason the price of bitcoin will be stable then it could trigger the outflow of speculative capital and to reduce the price of the coins. The result can be panic on the market and a loss of confidence in bitcoin. Hopefully this will not happen, but theoretically it's possible.

 
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jc89
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August 23, 2017, 05:38:24 PM
 #2010

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, I guess btc will still be popular even at a stable price. Usually, investors are looking for stability before they invest so I'm sure that btc will not lose an investor. Though, it being unstable is a great factor that attracts more people into it especially traders. It will still be popular even if the value is stable but not so much as popular as it is today. So I'd still go with unstable since it is the very reason why it got so popular that most people are eager to have their own btc.

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August 23, 2017, 10:41:33 PM
 #2011

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
Maybe its godd to know. Its becoming more popular. Because i think bitcoins unstableness is the problem why users think that bitcoin is becoming to die. But if bitcoin value become stable in a high price. Maybe more poeple will know about it and they also using bitcoin as of now. They were encouraged or influenced because of the way of earning here.
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August 23, 2017, 10:54:06 PM
 #2012

What makes bitcoin click is the way it changes its price periodically or perhaps instantaneously which in that way, traders can make use of it i.e buying bitcoins when the price is down and selling it when the prices appreciate. Contrary to it having a fixed price, it would just be the same as using fiat which is greatly affected by inflation/deflation.
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August 23, 2017, 11:02:03 PM
 #2013

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?
If it will be highly stable in terms of its market value, it surely will. Also, one of the angles why there are still countries that doubt about bitcoin legalization is its volatility. Its market value changes time after time, so they are still studying whether to make it legal or not, or will it be functional or not. So if it will be stable, it will be more popular amongst people and companies and even countries.
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August 23, 2017, 11:46:08 PM
 #2014

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
Maybe its godd to know. Its becoming more popular. Because i think bitcoins unstableness is the problem why users think that bitcoin is becoming to die. But if bitcoin value become stable in a high price. Maybe more poeple will know about it and they also using bitcoin as of now. They were encouraged or influenced because of the way of earning here.
many users think that fluctuations are just a problem for bitcoins but who assume it is a regular user or a user who uses bitcoin for currency only but you know, most bitcoin users are an investor or trader where they are very dependent and very fond of fluctuations because it will help their profits? of course they will very sad if price become stable
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August 24, 2017, 05:27:44 AM
 #2015

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
Maybe its godd to know. Its becoming more popular. Because i think bitcoins unstableness is the problem why users think that bitcoin is becoming to die. But if bitcoin value become stable in a high price. Maybe more poeple will know about it and they also using bitcoin as of now. They were encouraged or influenced because of the way of earning here.
many users think that fluctuations are just a problem for bitcoins but who assume it is a regular user or a user who uses bitcoin for currency only but you know, most bitcoin users are an investor or trader where they are very dependent and very fond of fluctuations because it will help their profits? of course they will very sad if price become stable
That's not a problem if you understand why the price fluctuate, in fact you can take that as your advantage because in any time you can trade and probably make more money if you master the trend. Bitcoin is news related and the price movement is cause by a hype and FUD, so know the real reason before selling or buying to always make the right decision.

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August 24, 2017, 06:18:31 AM
 #2016

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
Maybe its godd to know. Its becoming more popular. Because i think bitcoins unstableness is the problem why users think that bitcoin is becoming to die. But if bitcoin value become stable in a high price. Maybe more poeple will know about it and they also using bitcoin as of now. They were encouraged or influenced because of the way of earning here.
many users think that fluctuations are just a problem for bitcoins but who assume it is a regular user or a user who uses bitcoin for currency only but you know, most bitcoin users are an investor or trader where they are very dependent and very fond of fluctuations because it will help their profits? of course they will very sad if price become stable
It would still be popular, but not as popular as it is right now.Because there would be no trading anymore.
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August 24, 2017, 06:33:12 AM
 #2017

If bitcoin is stable in price and the price is around 0.1$ it with be as popular as we see it today because people will not have much interest in it. Bitcoin is the most performing currency in 2017 it has outperform every other currency and still move only in this year three times one oz of gold. Bitcoin is above $4000 it means there is no way it will not be popular.
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August 24, 2017, 08:15:40 AM
 #2018

I believe that the stable price of bitcoin will not bring him such popularity as now. It will simply be a conventional e-currency and investors will throw it back into more valuable assets.
bitcoin is popular and it has good price and as the time is passing bitcoin is being more popular because people will not be worry about the price and they will be able to buy bitcoin at any time because the price will not increase or decrease but it will not be good for the people who want to sell bitcoin because the price will be the same they bought so it has both advantage and disadvantage both at the same time.
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August 24, 2017, 08:28:45 AM
 #2019

I think although bitcoin has a stable price .. bitcoin remains popular among the public .. with the bitcoin price stabilization allows bitcoin can be used in payment transactions .. will be many stores or companies that receive bitcoin. Or maybe bitcoin would be legall if the bitcoin price is stable. But if the bitcoin price is stable the gain we get is only a little .. but the risk for loss is very low .. so this can still be used for investment

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August 25, 2017, 03:57:36 AM
 #2020

I think although bitcoin has a stable price .. bitcoin remains popular among the public .. with the bitcoin price stabilization allows bitcoin can be used in payment transactions .. will be many stores or companies that receive bitcoin. Or maybe bitcoin would be legall if the bitcoin price is stable. But if the bitcoin price is stable the gain we get is only a little .. but the risk for loss is very low .. so this can still be used for investment
No, I don’t think so stabilization will be in favor of the traders. The stabilization will restrict bitcoins to few people and the circulation of money not possible then. The unstable price has played a great role in attracting masses because dumping phase provides many opportunity of grabbing bitcoins.

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