Scavagers
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September 09, 2017, 06:26:58 AM |
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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?
Knowing that bitcoin will be stable, finally. Is a big thing that make other people get interested and go to bitcoin. One of the problem, why people didn't want bitcoin is because of not being stable. So if it became stable, bitcoin will be more popular.
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Agamemnus
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September 09, 2017, 07:00:05 AM |
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If Bitcoin had a stable price, it would be more popular. Anything stable market is definitely better than a volatile one.
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Wingo
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September 09, 2017, 07:09:54 AM |
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No, the price of bitcoin is the factor that made it popular. Investors, traders and bitcoin holders are in my opinion, are the ones giving life to bitcoin as of today and the reason is the volatility of bitcoin and its great price increase. And if bitcoin will just be as low as that, then it would just die and be forgotten.
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Hexah
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September 09, 2017, 07:16:07 AM |
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I think if that would be the stable price of bitcpin in the market I don't think it would be popular and used by bitcoin enthusiast. But right now that it has a really high range of value many are trying to earn it in what way they wanted it and it clearly shows that this year as bitcoin ranging from $1k to $4k, many uses it and many also invest and make it as an asset. I like bitcoin is not fixed in price even though sometimes it has fluctuations of value but it copes with it.
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Smarty14392
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September 09, 2017, 07:22:32 AM |
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not have stable price but fixed number that is reason make it popular
You are right. I think the main reason of getting so much popularity amongst the investors and market traders is nothing other than so much increase in the price of Bitcoin with each passing day. I think if prices get stable then there won’t remain any reason of investing in it. People will withdraw their money.
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Pattart
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September 09, 2017, 08:36:54 AM |
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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 sir. Honestly, having an unstable price of bitcoin is my most favorite feature of it. Because of its unstable price, it is possible for it to pump and dump. We all know that bitcoin price is continuously increasing, maybe it will dump but just a small amount. Yeah unstable price is a favorite thing for most bitcoin users. because you also know that most bitcoin users are investors and traders where they join in hoping to get a quick profit of course with the help of an unstable or volatile price. but if the price becomes stable of course many people will lose their quick income? then what will they do? might be looking for another cryptocurrency that still has an unstable price to get quick profits again
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stepwilli
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September 09, 2017, 09:05:06 AM |
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not have stable price but fixed number that is reason make it popular
No I don’t think so that bit coin will be popular if it had a stable or fixed price. As for traders everyone would be getting equal shares of profits due to its fixed values. So it is good if it doesn’t have a stable price because any market of the world runs on ups and downs, some get larger profits and some got nothing.
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Haiduongbg
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September 09, 2017, 09:07:08 AM |
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The volatility of Bitcoin attracts a lot of investors. But it will eventually be stable when the market is mature enough. Right now, the market cap is low, so just several whales can rig the market, thus making Bitcoin so unstable.
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Doell
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September 09, 2017, 09:42:33 AM |
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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 is still popular , stable price is even better , where we as a trader more proficient and profitable path , if bitcoin is stable then all aspects of the circle until the government can also legalize.
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LeancyBTC
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Bitcoin lovers <3
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September 09, 2017, 09:55:41 AM |
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Being volatile is the main reason why people love bitcoin. The price of bitcoin goes up and down almost every week and cause of the reason, people can make money from trading as well as holding bitcoin. If bitcoin suddenly become stable, it will not be used by many people anymore. But if its technology can change our life, bitcoin will surely become a part of our world
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deppil
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September 09, 2017, 10:57:51 AM |
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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 is still popular , stable price is even better , where we as a trader more proficient and profitable path , if bitcoin is stable then all aspects of the circle until the government can also legalize. yeah of course bitcoin will remain popular, it may be popular as the online currency used by most internet users. and besides, although bitcoin prices become stable though, the user can still get to from the price change, but you have to be a little patient
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mel0924
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September 09, 2017, 11:18:09 AM |
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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?
Yes, bitcoin is still be popular and nobody can stop it. Nowadays many and become many want to know bitcoins and many use bitcoins. Aside from that many want to earn bitcoins, they are searching for any business that could earn bitcoins and one of this is signature campaign in this forum. I, myself is one of this people who are enjoying the job in order to earn bitcoins.
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Akash1243
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September 09, 2017, 11:34:43 AM |
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I think bitcoins still be popular even if the price becomes stable.Many people love that volatile part of bitcoins but if it becomes stable then people would start withdrawing or use bitcoins and won't invest in them as no profits.Miners will then leave as no transaction would happen as people won't invest or use them because being stable.But still some people would love to use it as it is good way of online transaction.
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bitpeepcom
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September 09, 2017, 11:43:50 AM |
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Well, even IF Bitcoin stays stable there is another chance that the FIAT is not.
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costina
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September 09, 2017, 01:34:49 PM |
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Yes, because of its anonymity, safety and rapidity of transactions. Unstable price makes some people actually never get into Bitcoin because they're afraid the price will one day go down exactly when they need it. Of course, any investment is risky but Bitcoin is known already for price spikes. It'd be popular.
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filharvey
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September 09, 2017, 04:02:18 PM |
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Bitcoin price is naturally volatile in nature.It is due to its decentralized nature.Due to this volatile nature,traders love to buy and trade bitcoin using the difference in its price.If bitcoin price gets stable,then traders would loose their interest to buy bitcoins.Even investors who buy bitcoins as a huge return giving investment would also start to rethink about buying bitcoin.
On the other hand,if bitcoin price remains stable,then retailers who didn't come forward to accept bitcoin as payment due to its volatile nature would come forward to accept bitcoin payment.Even some countries which have not legalized bitcoin so far would come forward to legalize bitcoin if its price gets stable.
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Tungsten-1
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September 10, 2017, 06:00:01 AM |
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Maybe it will be still popular because the price is not the only matters here the major reason here is to send and received money anonymously and you could possibly send and received money without havingan extra fees not just like other remittance service. thats the reason why i found bitcoin because its so best when it comes for saving your incomes and money.
This factor is undoubtedly making bitcoins famous all around the world but I believe strongly that it won’t be this much famous with stable prices because people are frequently using bitcoins as a source of income rather than for international transactions. Many investors do trading with bitcoins not to buy or sell things but have profit.
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jatin729
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September 10, 2017, 11:13:07 AM |
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Yes Bitcoin would be popular but For trading purpose it would not popular. people wanted to earn bitcoins and than withdrawal. No one could hold bitcoins.
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Zoomber
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September 10, 2017, 11:25:52 AM |
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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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citizenh-ssd
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September 10, 2017, 11:57:07 AM |
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I think that for many coin holders, as for me, the stable price of bitcoin would not bring benefits. What is the use of keeping coins for a long time if they do not bring in income
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