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yishak
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September 05, 2017, 08:02:05 AM |
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Yeah , I do believe it will still be popular. The reason many people don't want to get into bitcoins is because of its unstability . People fear it will go down and they might lose profit but if it was stable then for sure it will attract a lot of people.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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cluit
Legendary
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Activity: 1176
Merit: 1016
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September 05, 2017, 08:04:32 AM |
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there is so much people interested with bitcoin because it's phenomenon of how the price is goes high and higher every year, if the price stable that maybe happening when the market boring because you know the stock of bitcoin will reduce every a period, bitcoin will be less popular, maybe people will move to another popular crypto like ETH maybe as a reference
I believe in this. You are right, as a huge number of people left other coins just for their stability or very low fluctuation. The beauty of bitcoin is, it fluctuates. The ups and downs and the rise and falls of price charts attract more people to join, thus making is more popular. |
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Bitcotalk
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September 05, 2017, 08:26:22 AM |
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The stable price of bitcoin will reduce its popularity and possibly even destroy it. Bitcoin is used for earnings at an increase in prices, and a stable price will not bring such a profit.
Stable price of bitcoin will simply turn it into conventional currency. People will lose interests in bitcoins if it stop producing huge profits and we all know they are results of pumping and dumping phases. Moreover stability will simply remove bitcoins from the list of best investments. |
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Aleister Crowley
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September 05, 2017, 08:26:41 AM |
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Yeah , I do believe it will still be popular. The reason many people don't want to get into bitcoins is because of its unstability . People fear it will go down and they might lose profit but if it was stable then for sure it will attract a lot of people.
actually it is not the right reason, they do not want to invest in bitcoin ,, because they are not so confident / doubt on the development of crypto currency .. but in now with high bitcoin prices and stable they start to learn and invest in bitcoin .. . |
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Chronn
Newbie
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September 05, 2017, 09:03:19 AM |
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High volatility has benefits for traders, stability for customers.
If you want to make money from trading, you need the prices to change often and by a good margin. Therefore if bitcoin becomes stable, trading gets less appealing.
On the other hand you need a stable value if you want mainstream bitcoin adoption. A small shop does not want to adopt bitcoin because his earning would be totally unpredictable and he needs to be sure that value persists. Therefore stable bitcoin benefits customers and businesses.
In the long run, when mining rewards drop and price becomes more and more stable, we will probably see a better adoption of the coin in the public.
This will take a few years though and I am not sure bitcoin will be the currency. In the current form, even with segwit etc., it simply takes too long for quick trades of the currency. If you use bitcoin as an intermediate currency for trades or conversions, sure, that will work. If you want to use bitcoin to pay for your groceries at the small shop around the corner, you need quicker verifications.
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VPoro
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Activity: 201
Merit: 100
Decentralized Ascending Auctions on Blockchain
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September 05, 2017, 01:00:24 PM |
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we have many coin have stable price. like usdt. and it still not popular
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Punisherx100
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September 05, 2017, 02:25:20 PM |
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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. Having an unstable price of bitcoin is one of the most interesting feature of bitcoin for me. It can possibly dump and pump. Good thing about it is that it can rise continuously. Before it is just about 10000 in peso but now it reach 220+ thousand in peso. |
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d4z
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September 05, 2017, 02:37:18 PM |
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It isn't SO popular atm I supose. Older people have no clue what bitcoin is. I do think it would stay as "popular" as you think it is now though. I really can't give any reasons for this but it's just a feeling :-)
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Harlot
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September 05, 2017, 03:11:32 PM |
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It isn't SO popular atm I supose. Older people have no clue what bitcoin is. I do think it would stay as "popular" as you think it is now though. I really can't give any reasons for this but it's just a feeling :-)
Even if its not popular to them, do you think that Bitcoin would be in any use for the elderly? Or will it make there life better or easier? I guess not because Bitcoin is designed for this generation in which are people who are technologically inclined that they can adapt easily compared to the elderly in which they would take much time to learm and understand Bitcoin. Additionally I think that they are better of using fiat currency in which is the most simple way to pay. |
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Gozie51
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September 05, 2017, 04:32:12 PM |
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In my own opinion, I do think bitcoin gained its prominence because of the volatility & so, I think without that maybe it wouldn't have been this popular. So, you take away its volatility, you might as well see bitcoin losing its popularity.
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jostorres
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September 06, 2017, 01:59:17 PM |
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It isn't SO popular atm I supose. Older people have no clue what bitcoin is. I do think it would stay as "popular" as you think it is now though. I really can't give any reasons for this but it's just a feeling :-)
Even if its not popular to them, do you think that Bitcoin would be in any use for the elderly? Or will it make there life better or easier? I guess not because Bitcoin is designed for this generation in which are people who are technologically inclined that they can adapt easily compared to the elderly in which they would take much time to learm and understand Bitcoin. Additionally I think that they are better of using fiat currency in which is the most simple way to pay. Exact is the point. Bitcoin would be more of a use to young generation then the old one. Let them have some peace in their last days and enjoy their lives. Why dragging adults in technology when it would be so troublesome to clarify everything. Honestly, I can't. |
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Hawkers7
Member
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Activity: 103
Merit: 10
“OPEN GAMING PLATFORM ”
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September 06, 2017, 02:16:58 PM |
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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 will still be popular even if it had a stable price. It is because bitcoins are earned by some people in many different ways that help them to earn money. The negative side of having a stable price of bitcoin will affect the trading system. Those currency with higher price will not trade to bitcoin because they know their money will be smaller. But as a conclusion, it would still be popular and be used by people. |
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Conevesses1976
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September 06, 2017, 11:43:10 PM |
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I think it would even far more well-liked than it presently is.I like the instability genuinely. It leading to a lot more men and women to be associated into it then if it have been steady just not viable that is all genuinely.
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mornabo
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September 07, 2017, 12:35:45 AM |
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It isn't SO popular atm I supose. Older people have no clue what bitcoin is. I do think it would stay as "popular" as you think it is now though. I really can't give any reasons for this but it's just a feeling :-)
Even if its not popular to them, do you think that Bitcoin would be in any use for the elderly? Or will it make there life better or easier? I guess not because Bitcoin is designed for this generation in which are people who are technologically inclined that they can adapt easily compared to the elderly in which they would take much time to learm and understand Bitcoin. Additionally I think that they are better of using fiat currency in which is the most simple way to pay. Exact is the point. Bitcoin would be more of a use to young generation then the old one. Let them have some peace in their last days and enjoy their lives. Why dragging adults in technology when it would be so troublesome to clarify everything. Honestly, I can't. in fact pld people (my father) will be a little difficult to know and understand about bitcoin, then I do not force them to learn bitcoin again lol. back on the topic that you are saying that bitcoin will lose popularity when bitcoin prices become stable. I think its right? because many people say that most bitcoin users only aim to benefit from fluctuations only, and me become example |
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Fulmand
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September 07, 2017, 01:29:08 AM |
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It isn't SO popular atm I supose. Older people have no clue what bitcoin is. I do think it would stay as "popular" as you think it is now though. I really can't give any reasons for this but it's just a feeling :-)
For me, Yes. Bitcoin will still be popular even if it has stable price. Well, even if the price is stable it will still be high. Bitcoin wil always be popular no matter what. |
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Sled
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September 07, 2017, 01:50:02 AM |
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It isn't SO popular atm I supose. Older people have no clue what bitcoin is. I do think it would stay as "popular" as you think it is now though. I really can't give any reasons for this but it's just a feeling :-)
For me, Yes. Bitcoin will still be popular even if it has stable price. Well, even if the price is stable it will still be high. Bitcoin wil always be popular no matter what. Bitcoin already built a solid reputation in the world and there is already a lot of people who are using bitcoin and they are now interested and they are all trying hard to collect bitcoin as much as they can and that will become the foundation for bitcoin to not lose its popularity even there is a lot of problems. So i think i agree to no matter what happen bitcoin will still be popular. |
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ilovefeetsmell
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September 07, 2017, 02:10:43 AM |
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It isn't SO popular atm I supose. Older people have no clue what bitcoin is. I do think it would stay as "popular" as you think it is now though. I really can't give any reasons for this but it's just a feeling :-)
It is quite popular now because of its unstable price. It would stay popular with the stable price. For me, Yes. Bitcoin will still be popular even if it has stable price. Well, even if the price is stable it will still be high. Bitcoin wil always be popular no matter what.
Precisely! Bitcoin will still popular no matter what happen to it. The price will stable when it reach the maximum price expected. |
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neya
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September 07, 2017, 02:36:53 AM |
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for me yes as long as it has a good prize. and you no need to worry that the prize will go down. so you still can keep it without worrying of the prize of iy. and use it if you need it already. its already popular before rven it has a low prize. and become more popular now.
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Casabrandy
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September 07, 2017, 02:37:52 AM |
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It isn't SO popular atm I supose. Older people have no clue what bitcoin is. I do think it would stay as "popular" as you think it is now though. I really can't give any reasons for this but it's just a feeling :-)
It is quite popular now because of its unstable price. It would stay popular with the stable price. For me, Yes. Bitcoin will still be popular even if it has stable price. Well, even if the price is stable it will still be high. Bitcoin wil always be popular no matter what.
Precisely! Bitcoin will still popular no matter what happen to it. The price will stable when it reach the maximum price expected. But for now, it's being decentralized and unstable makes btc unique. Knowing that as time passed by our savings can grew. So let's take this chance that while it's unstable . Save more and earn a lot in the future. |
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franco123
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September 07, 2017, 03:33:07 AM |
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It will, but not as popular is it made this year. Bitcoin became popular because if the spiking up of price in the past years and it is yet to become more popular because of its ability to increase in demand as more people will see the potential return of equity. And also, Bitcoin is now starting to be advertised in social medias, I see it in facebook and other social medias, which will drive the demand curve to go up and increase of price will follow.
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