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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171693 times)
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September 02, 2017, 02:29:44 PM
 #2081

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 bitcoin had a stable price, would it still be popular? Well, I think weather it had stable price or continuously of being volatile as far as many people or country do not accept it will became what it is right now. If many people do not know bitcoin they do not need it. and when the government keeps on rejecting bitcoin it will not become so popular because I think bitcoin can help to the economy.

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September 02, 2017, 03:56:05 PM
 #2082

I also think that the volatility is what makes bitcoin thick as it is an avenue for people to get rich faster ,hence its popularity. Thus,  if that volatility goes away , I think traders would also look for the next crpto thats volatile and that means bitcoin would crash.

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September 02, 2017, 04:00:05 PM
 #2083

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 would still be popular, usually almost all altcoins are traded for bitcoin because of bitcoin potential. What makes bitcoin amazing is that, it doesn't stay that stable for a long time. It might drop or rise into incredible amounts. That's why people are investing in bitcoin, because they could gain a lot from it.
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September 02, 2017, 09:08:36 PM
 #2084

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, because if the price of bitcoin is stable it is to become papular but nowaday bictoin is papular and famous to day. But nowaday bitcoin is famous they have a lot of users of bitcoin even the price of bitcoin is not stable today but they continue to grow the economy of bitcoin. How about if ever the price of bitcoin today is stable i predict that triple of the users today is going to add as adopter i think it is to become papular of source of income today and and bitcoin is one of the priority of people nowadays and famous in the world.

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September 03, 2017, 08:35:47 AM
 #2085

The extreme volatility of bitcoin made it attractive to speculators wanting a big return in their investment. It allowed wealth creation for traders that knew how to exploit it. If it ever to become stable and maybe one day it will then it is going to be just one of the many available asset to be traded with and traders looking for more volatility will shift to other coins.
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September 03, 2017, 09:06:26 AM
 #2086

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 yes because the risk of losing values will diminished therefore some investors and businessmen will get more interested and will not be scared to enter it. After knowing bitcoins have a stable value, more and more will engage here because bitcoin has a fast pace of growth also and this is the newest in the field of finance; investors tend to follow the latest trend (which is cryptocurrency) in order to prevent from being left behind. Smiley
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September 03, 2017, 09:54:13 AM
 #2087

I would like it more if bitcoin has a more stable price because i am earning in bitcoin but due to its volatile nature its a bit harder to manage money because some times earning are good and some times less if price is low,so i like bitcoin to have to stable price. But if the bitcoin has a stable price it wont be so serious by other people to invest in because the unstable price of the bitcoin is really needed to invest with the bitcoin.
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September 03, 2017, 10:11:50 AM
 #2088

For a short term, unstable prices will be interesting but if we look at the bigger picture, the risk of losing is too much that it is often considered gambling rather than trading. If we looked at the basic currency used for trading, it would be volatile yes, but it still has a stable long term trend consider to bitcoin. And i think it was the main reason currency trading was well known and used widely more than cryptocurrency trading and its derivative  Grin
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September 03, 2017, 10:23:37 AM
 #2089

The stability of bitcoin will only do him good. Yes at first it will scare away speculators and after the withdrawal of their capital from the bitcoin price may fall heavily, but for currency it is not important. The predictability and lack of inflation will quickly attract other users and we will see a completely different bitcoin.
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September 03, 2017, 10:32:04 AM
 #2090

Nope. Interest would die off. Most are here for the prospect of price movement. I doubt usage would increase as the cost and inconvenience of obtaining them is always going to be with us.

The interest of traders would die off, that's right, but I don't think that most Bitcoin holders are traders nowadays. Times have changed since mostly traders were the people who were interested in Bitcoin. These days people invest in Bitcoin and hold doing nothing more. For those people the fluctuations of the price don't matter. The only thing they care about is rising of the price with time to be in profit in the long term.

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September 03, 2017, 10:36:13 AM
 #2091

Bitcoin is becoming mainstream because (thanks? ) to its price.
Less people would talk about crypto if price were stable.

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September 03, 2017, 10:48:31 AM
 #2092

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 so. Yet it is a positive thing for Bitcoin but as we can see, investors especially those who are buying bitcoin are making huge profit out of its volatility. Such that, they will buy Bitcoin when there are dumps or whenever the price is low then they will hold it for a period of time, and will only sell it during the pumps or whenever the price is high. This is also a factor that some investors are interested of. So I'm not sure if it will be more popular, but one things's for sure ,it will still be popular.

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September 03, 2017, 10:50:22 AM
 #2093

well i guess its a no, we all know that bitcoin is known as the highest value in the cryptocurrency, so it will not be popular if the price of it is stable like a paper money, and also there are no altcoins now if bitcoin has stable price.
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September 03, 2017, 10:54:03 AM
 #2094

well i guess its a no, we all know that bitcoin is known as the highest value in the cryptocurrency, so it will not be popular if the price of it is stable like a paper money, and also there are no altcoins now if bitcoin has stable price.
I don't think that there is a direct connection for altcoin and the stability of the price of bitcoin because even though bitcoin has a stable price, we can still trade altcoins because they have their own basis for their price and that is supply and demand of their own cryptocurrency and bitcoin will become more popular if it has a stable price because a lot of business will become comfortable in accepting it.
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September 03, 2017, 11:13:41 AM
 #2095

Whatever happens to bitcoin is either stable or not. I'm sure, bitcoin remains popularly used as a payment option. Even if bad conditions occur, then bitcoin can be used as a companion fiat for community to perform financial activities.
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September 03, 2017, 11:30:00 AM
 #2096

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?
For me it still depends on the movement of the price of bitcoin and stock of it on the market. Because even if the price is stable there are some cases that changes and development would affect the rate of the price of bitcoin where it can still experience the scarcity in terms of it stock. And I also believe on bitcoin development and growth on its price and value where it could give people profit and investment so the movement of price of bitcoin is quite a vital thing for its popularity.
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September 03, 2017, 11:32:05 AM
 #2097

The stable price of bitcoin will not be of interest to me as to many of its owners. This will lead to its collapse, because it will become a simple e-currency without hope for a rich future.

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September 04, 2017, 05:07:34 AM
 #2098

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 know what the bitcoin will be if the bitcoin had stable price but I think the bitcoin will not become popular. All of the people who are in this cryptocurrency world entered because of the bitcoin. The price is really matter.
fluctuations are the cornerstone of bitcoin investments. one can benefit quickly because of the very fast price changes of bitcoin. the possibility that when the bitcoin price is stable is the popularity of bitcoin will decrease but it will not kill bitcoin because of course investors can still get a profit even if the price is stable. but of course they have to be a little patient as price changes will not be as fast as fluctuations
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September 04, 2017, 05:27:30 AM
 #2099

The stable price of bitcoin will not be of interest to me as to many of its owners. This will lead to its collapse, because it will become a simple e-currency without hope for a rich future.

no there will still be interest if the price is stable, it will be for a stable currency not controlled by any government
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September 04, 2017, 05:46:21 AM
 #2100

The stable price of bitcoin will not be of interest to me as to many of its owners. This will lead to its collapse, because it will become a simple e-currency without hope for a rich future.

no there will still be interest if the price is stable, it will be for a stable currency not controlled by any government
of course even though bitcoin prices become stable though, there will still be bitcoin enthusiasts who will come and survive. after all even though the bitcoin price is stable even if you can still make a profit from investing in bitcoin, but it will be a bit long time to wait
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