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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
nethan1btc
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September 07, 2017, 04:02:05 AM
 #2141

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.
Absolutely right. If bitcoin has stable price, than what is new in bitcoin and why people use it to gain profit? Bitcoin is popular because of its values and price fluctuations. Bitcoin will be nothing if the price is stagnant. We are all here because we see that when you buy bitcoin today you can sell tomorrow with profit.
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September 07, 2017, 04:07:59 AM
 #2142

maybe if the bitcoin price is stable at the highest value, it may be popular because of its already high value without worrying the value will down. but if the value is down, and stabilized right then, it may affect the popularity of bitcoin. because there is no hope of rising again and that will affect the bitcoin market.

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virasisog
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September 07, 2017, 04:21:45 AM
 #2143

maybe if the bitcoin price is stable at the highest value, it may be popular because of its already high value without worrying the value will down. but if the value is down, and stabilized right then, it may affect the popularity of bitcoin. because there is no hope of rising again and that will affect the bitcoin market.
We can't say thay if the value was high it will become stable it is depending on its uses by that time and in the future once the circulation of bitcoins was finish it may become stable with the most people uses bitcoins. I can say that it will always fluctuates and never be stable in price.
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September 07, 2017, 05:20:24 AM
 #2144

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.
Yeah, they had worked hard in long time when we still young, I hope they can have a time to enjoy the end of life. Bitcoin, blockchain, trading not easy for learning and you have to remember they are elder, they will have stress if try learn it and their heath also decrease fast.

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fishbonez11
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September 07, 2017, 07:18:11 AM
 #2145

If bitcoin had a stable price, I don't think it be would be as popular as it is now. Besides how bitcoin helps in transactions, I think that majority of people are also interested because of bitcoin's price hike. In that way, we can trade.
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September 07, 2017, 01:20:54 PM
 #2146

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?

Stable price would be more appealing to majority of users. Only small minority is trying to profit from price oscillations.
sindikat
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September 07, 2017, 01:37:40 PM
 #2147

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?

Stable price would be more appealing to majority of users. Only small minority is trying to profit from price oscillations.
I support this idea, but it's not really. Most bitcoin users are dreaming about the price hike. Turned all the bitcoin in the income from its rise in price. It seems to me that if the situation does not change then bitcoin will have a very sad future.
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September 07, 2017, 02:27:48 PM
 #2148

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.
Even tho bitcoin is very popular now, it will still get more and more popular as time goes by. We have to realize that at this time a lot of people are still not aware of the existence of bitcoin. Just imagine the demand that will be created as more people found out about it.
Williamsss
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September 07, 2017, 02:35:49 PM
 #2149

not have stable price but fixed number   that is reason make it popular
Bitcotalk
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September 07, 2017, 02:47:45 PM
 #2150

we have many coin have stable price. like usdt. and it still not popular
A nice brief reply! Stability is not the factor that makes you popular among cryptocurrencies. There are many other things that count like the profit generating potential of the coin, the team associated with the project etc. stability even reduces the popularity of the coins because people want immediate profits.
Hamphser
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September 07, 2017, 02:50:33 PM
 #2151

we have many coin have stable price. like usdt. and it still not popular
A nice brief reply! Stability is not the factor that makes you popular among cryptocurrencies. There are many other things that count like the profit generating potential of the coin, the team associated with the project etc. stability even reduces the popularity of the coins because people want immediate profits.
If you are a trader or an investor then stability wont really matter at all and even we do like the unstable prices of those coins because we do know we can able to make money on those movements.If you are a merchant which do have a business and do tend to accept bitcoin then stability would really be your main concern on here because we wont really like to see our money is depreciating.

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Gabb
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September 07, 2017, 03:05:07 PM
 #2152

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?

In order for the bitcoin or any other currency to have controlled volatility it would have to be manipulated by a central agency that had absolute control of supply and demand, which is in principle impossible given the decentralized nature of bitcoin and the free market to which is exposed. And of course that manipulation and artificial value would make this coin less popular
Sanugarid
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September 07, 2017, 03:07:37 PM
 #2153

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?
In my opinion it will be more popular. Having a stable price will welcome investors that doesn't to take the risk into investing to bitcoin because it is volatile. As an investor  ofcourse you will go as possible with something that is less risky to have an assure profit. And if Bitcoin will be less volatile, it will catch the attention of more people and will make it more popular.

cybersofts
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September 07, 2017, 05:22:28 PM
 #2154

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?

No. Bitcoin became popular because people are making profit over it.
In the recent years when the value of bitcoin is so small no one has interest in it.
But when the value of bitcoin started growing to $400 then bitcoin started catching up people's attention.
Look even now when the value of bitcoin reaches the most highest peak which is $4800, Bitcoin catches the attention of more people.
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September 07, 2017, 10:22:19 PM
 #2155

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?

No. Bitcoin became popular because people are making profit over it.
In the recent years when the value of bitcoin is so small no one has interest in it.
But when the value of bitcoin started growing to $400 then bitcoin started catching up people's attention.
Look even now when the value of bitcoin reaches the most highest peak which is $4800, Bitcoin catches the attention of more people.

Bitcoin still become popular even wit the price of $0.1 because still it has value.

Remember those Paid To Click days where people are putting efforts for $0.0001 payment per ads? So how come they will ignored the value of bitcoin plus the fact that they can instantly hold their bitcoin not like in PTC sites where before you can reached the minimum withdrawal, the site already a scam.

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Anthonyxx
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September 08, 2017, 02:48:27 AM
 #2156

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 if you look at the problem closely there are 2 sides to this.
In both scenarios you've mentioned,there are a groups of about 30% of people who actually find value in bitcoin and use it as a payment method.
Other 70% in current scenario are attracted with high volatility and a potential for profit.
If there was a higher supply and a smaller fluctuation in price you would have much more people involved,
an actual usage increased and much higher trust in cryptocurrencies,a more healthier market overall.
So that would definitely make it more popular and used.
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September 08, 2017, 06:35:13 AM
 #2157

I dont think so.  One of the biggest reason why  people invested in bitcoin is the price that is quickly rising in a span of days. 
Exactly. I think that it is the increase in market price of Bitcoin which is playing role as “Honey pot” for the investors. If there comes a time that investors cannot see any increase in the prices, I’m afraid they will look for some other investment. It is because what all they are concerned with is profit.
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September 08, 2017, 11:40:22 AM
 #2158

I think it will be excellent for bitcoin if bitcoin experienced a steady cost, since several folks will use bitcoin and commit on it and many gold investment will try bitcoin for extended term expense.
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September 08, 2017, 12:00:47 PM
 #2159

I do like what bitcoin has becamed, and the potencial earnings at it made the most people invest into it, but if the price were more stable, without such fluctuations we would see maybe a bigger invest into it, because we would have the support of the medium and low risk investor into bitcoin.
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September 08, 2017, 12:12:20 PM
 #2160

Bitcoin would have been more popular and accepted by companies as a payment option if it had a stable price as they dont need to face loss due to fluctuation in price. But on the other hand, traders would not have liked bitcoin as now because they could not yield more profits due to its stable price. But for people who use bitcoin only for transactions would feel no differences if bitcoin had a stable price or not.
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