If Bitcoin had a stable price, would it still be as popular?

[GreenBits]

The only reason most of us are here is because of the volatility

Essentially, the class of investor would change. The majority of the sphere right now is kids, old heads, and click workers. We thrive on the volatility. If the price stabilized, you would see more institutional investors, and accredited individuals. The thing that makes crypto so great to trade makes it toxic to long term, traditional investors; stability is a desirable trait for a long term holding.

If the price stabilizes, however, it will stabilize far above this price. But the lack of a value basis makes me wonder if we will ever get there, and how long that will take.

[TheCoinFinder]

If bitcoin had a stable price,traders would have not cherished it more than a regular currency.
Its certain characteristics like quick process in transfers and anonymity keeps a vast distance from being stable in price

[finzyoj]

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 you say that the stable value of bitcoin is only .01-.10$ it will be no longer more popular and usable and will be  neglected..the people might look for other currencies that  have big value / price to use. And i dont imagaine what would be happen if the price of the bitcoin is stable.

[ankylotic]

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.

i don't think so, i think it will lose ts popularity and most of the people goes toward other crypto to gain profit and in the mean of trading. the beauty of bitcoin is that its price is keeps on changing and from the day it has started it is going high and high and that is thing that a lot of people and investors coming towards it in the sake of profit.

[TIDOVEE]

hmmm, it will actually still be popular but don't you think bitcoin's unstable price makes it insteresting? More like a chances deal/game

[yurekaa]

i think it like gold. and if another coin have unstable price like bitcoin right now, bitcoin will defeated.
so, its more great if bitcoin have unstable price, up and down everyday. its best and give us happiness and regret.

[sindikat]

hmmm, it will actually still be popular but don't you think bitcoin's unstable price makes it insteresting? More like a chances deal/game

It is strange but the price volatility of bitcoin really makes it more popular. This attracts more number of speculative capital. If all speculators will withdraw their capital from bitcoin you can't even imagine what will be the price.

[unknown-user]

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 will be more popular I think. Its volatility is the risk that makes other prople on not to invest in Bitcoin, for the reason that its price oftenly changes. In an investment, it won't be good, because investors eill find something that eill surely give them profit they won't go for things that has risk. So if it will have a stable price, it will welcome more people to invest to its that'll make its demand even higher.

[cinchin]

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.

i don't think so, i think it will lose ts popularity and most of the people goes toward other crypto to gain profit and in the mean of trading. the beauty of bitcoin is that its price is keeps on changing and from the day it has started it is going high and high and that is thing that a lot of people and investors coming towards it in the sake of profit.

- I agree with you, investors focus more on bitcoin because the price of bitcoin is always changing, that makes them make more money. If bitcoin has a stable price, they will not earn money and bitcoin will be like gold, they will eventually get rid of it and seek out new investments
- In addition, bitcoin is a place for whales to make money, they will not let the price of the bitcoin stabilize, they will always pump strong or dump strong to make money with bitcoin, wanting the price of bitcoin stable is an impossible thing

[ahmia39]

I think, if bitcoin has a stable value. Means bitcoin very popular and familiar used by people around the world and many merchants who receive bitcoin as means of payment for every financial transaction. And hopefully stability never happens, so i can continue to make money from coinmarket.

[zeze18]

I think although bitcoin prices have stable phase but certainly still have good chance of course to earn a breeding income, such as trading and investment altcoin and others..

[ALT67890]

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 the story of bitcoin or any related to it, its stability or anything if not happen. It would be a different story by now and no one will have hold there bitcoins and in the end the price will dropped.

[Kiweikoo]

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.

It can’t be possible because everybody happy with the stable price because their savings are not decreased, and stable price give a sigh of relief to all those who have some investment in bitcoin, and the good thing about bitcoin is after this stable price the always increase. So due to this investors never throw back the bitcoin, because they know that price must move in the way to make them rich.

[hahay]

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.

It can’t be possible because everybody happy with the stable price because their savings are not decreased, and stable price give a sigh of relief to all those who have some investment in bitcoin, and the good thing about bitcoin is after this stable price the always increase. So due to this investors never throw back the bitcoin, because they know that price must move in the way to make them rich.

Moreover, bitcoin is more popular after the price increases this year, once new users feel a very good profit from bitcoin they will not likely leave bitcoin. I think if bitcoin prices stabilize there is a good chance bitcoin will be legalized in many countries and if bitcoin is legal in many countries I think bitcoin will be more popular and more stable.

[cryptocrusher]

Personally I think that a very large percentage of people who deal in bitcoin do it because of the continuing price trend upwards. If the price was stable I think you would see many of those people drop out. However from an economic point of view, for the price to be stable demand and supply would have to be equal and given that you would assume there are a large number of people actively using bitcoins.

[BaraxLo]

I think, if bitcoin has a stable value. Means bitcoin very popular and familiar used by people around the world and many merchants who receive bitcoin as means of payment for every financial transaction. And hopefully stability never happens, so i can continue to make money from coinmarket.

Bitcoin value being stabled is not possible. No currency in the world can achieve stable value. Bitcoin users are increasing and decreasing every day. That results in changing of demand and that led to change of value. So let suppose its value become stable. Then that will depend on that value. If that stabled value is higher than people will definitely keep using it. But in other case that is value being low, in that case people will of course stop using it and will start looking for some new and better currency.

[CoinOp]

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 doubt that it would be this popular.  Many of us that have been on this board witness the huge increase a flood of new coins and projects that happen every time BTC has a jump in price.

[FansUnite]

I dont think it would be as popular in the mainstream, no.

The insanely high gains (and lack of stability in a generally upward direction) is what has made bitcoin so incredibly popular over the last while.

If it had a stable price it would still have all of its features (decentralization, fast transfers, cheaper transfers, finite supply, easily stored, etc.) but I doubt that it would have the same attention. Returns garner the TV and media attention

[BeGoods]

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.

i don't think so, i think it will lose ts popularity and most of the people goes toward other crypto to gain profit and in the mean of trading. the beauty of bitcoin is that its price is keeps on changing and from the day it has started it is going high and high and that is thing that a lot of people and investors coming towards it in the sake of profit.

- I agree with you, investors focus more on bitcoin because the price of bitcoin is always changing, that makes them make more money. If bitcoin has a stable price, they will not earn money and bitcoin will be like gold, they will eventually get rid of it and seek out new investments
- In addition, bitcoin is a place for whales to make money, they will not let the price of the bitcoin stabilize, they will always pump strong or dump strong to make money with bitcoin, wanting the price of bitcoin stable is an impossible thing

Thats right even I think that makes investors interested in investing their money in bitcoin due to rapid price changes on bitcoin (fluctuations) so that they can benefit quickly, if the bitcoin price is stable just like the gold price maybe many investors will leave because they lost instant profits ? Maybe they will look for cryptocurrency which still has fluctuation or choose gold ?

[Zooplus]

I think although bitcoin prices have stable phase but certainly still have good chance of course to earn a breeding income, such as trading and investment altcoin and others..

In investing we are only more concern on the price to increase but traders would love to see the price moving.
Personally I love to trade since the volatile nature of bitcoin gives a lot of opportunity to day traders like me, but I never failed to allocate
a certain percentage for the future because I certainly believe it will worth bigger as value increases.