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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
rfj
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October 08, 2017, 02:51:59 PM
 #2281

I don't think bitcoin will be popular if the price is stable in $0.01-0.10, aren't you agreed that bitcoin's popularity are caused by the changing of it's price? I am attracted in bitcoin because of it's massive changes when it comes to its value.

Gotottack
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October 08, 2017, 03:05:52 PM
 #2282

This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.

I think it can be in this section since it talks about the stability of Bitcoin's economy.

Bitcoin will not be as popular as it is if it had a stable price to begin with. For one, it will not be as attractive as it is today because it is high risk yet offers only stability. (This stability, as we all should ought to know, refers to something intangible. Thus, stability in this sense is a misnomer because there are higher chances that the money you put in will be put to naught.)   
dillema018
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October 08, 2017, 03:42:09 PM
 #2283

Bitcoin will be popular even the price is stable. There are lot's of benefits we can gain in bitcoin. We can use it in our daily life, like buying goods or product online, paying bills through bitcoin and can also serves as our saving and investment. We can also get extra income with bitcoin.
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October 08, 2017, 04:08:50 PM
 #2284

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
I disagree, like the other users said, if bitcoin had a stable price, it would not attract people to it. As a matter of fact, bitcoin price is valuable and it must be fought for. It is like gold; worthy and valuable. That is why it is not stable. However, it surely would be popular too. And yes, it will be more popular in the future because more people and more countries will recognize it.
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October 08, 2017, 04:24:56 PM
 #2285

Bitcoin is already popular, if ever it may had a stable price,  it is still popular, but maybe not as popular as today. but i can feel it will not happen to have a stable value. It must be in its value now with a changing value. In this way, it becomes a more popular in the world. And I am hoping it will happen for the future.

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October 08, 2017, 04:25:34 PM
 #2286

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?

Of course. I think bitcoin is not popular just because it's expensive. but also their technology, such as anonymous and decentralized systems. it makes everyone love bitcoin.

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October 08, 2017, 04:30:17 PM
 #2287

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
I disagree, like the other users said, if bitcoin had a stable price, it would not attract people to it. As a matter of fact, bitcoin price is valuable and it must be fought for. It is like gold; worthy and valuable. That is why it is not stable. However, it surely would be popular too. And yes, it will be more popular in the future because more people and more countries will recognize it.

The popularity would surely go down from a investors point of view or for the investors. But the price won't be hundred percent stable, the volatility might get reduced, so the popularity will sill persist, and moreover many uses it as a transaction option, so even if the price becomes stable popularity won't die.
kutongcoin
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October 09, 2017, 12:54:59 AM
 #2288

When the time comes that the price of the Bitcoin become stable it will be more popular and more adoptors bitcoins will come.
Nerman
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October 09, 2017, 02:16:03 AM
 #2289

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 the price do not move then definitely it will be as popular as now since the reason it is actually popular is because it can be used as an investment and can defeat inflation. Of course investors would not buy bitcoin if the price has a limited range. Also if the bitcoin price is only up to ten cents i lmost likely the price of altcoins will be much lower.
Malaya
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October 09, 2017, 02:59:25 AM
 #2290

If Bitcoin had a stable price, I think the possibility for it's price to be popular will not like be how it is right now. Bitcoin creates a more exciting environment when it comes to pricing because of how it actually raise up or not so much.

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October 09, 2017, 03:06:11 AM
 #2291

Definitely not popular, people will not be interested in buying a lot of bitcoin because if you have no stock of profit, I also would not be interested in using bitcoin and prefer paypal because verification is safer than anonymous.


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chickenado
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October 09, 2017, 03:17:27 AM
 #2292

If Bitcoin had a stable price, I think the possibility for it's price to be popular will not like be how it is right now. Bitcoin creates a more exciting environment when it comes to pricing because of how it actually raise up or not so much.
The more it will be popular as ever of course.The stability of the price makes it more worthy because it could give more profit so that if it is stable then your income is also stable.  I think more people will invest if they had a stable price and the rest will follow. Like me, I chose bitcoin for I believe that this idea will help me grow more in business. I want to be open minded in every task I deal with. The more with others who join in this crypto world. I will continue exploring ideas in bitcoin so I keep on reading interesting info in here.
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October 09, 2017, 03:34:26 AM
 #2293

If Bitcoin had a stable price, I think the possibility for it's price to be popular will not like be how it is right now. Bitcoin creates a more exciting environment when it comes to pricing because of how it actually raise up or not so much.
The more it will be popular as ever of course.The stability of the price makes it more worthy because it could give more profit so that if it is stable then your income is also stable.  I think more people will invest if they had a stable price and the rest will follow. Like me, I chose bitcoin for I believe that this idea will help me grow more in business. I want to be open minded in every task I deal with. The more with others who join in this crypto world. I will continue exploring ideas in bitcoin so I keep on reading interesting info in here.

How ironic that almost all investors and traders today have come for bitcoin mainly because of its volatility or rather because of that, it is believed that its price will continue to

rise. its not possible to predict what will happen accurately although in this case theres also a none most probably event as both outcomes has a disadvantage and advantages.

Having said its a fact that pondering about this topic is pretty useless as it is impossible to happen. what should we do is to think of a strategy based on facts

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ndcm
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October 09, 2017, 04:41:29 AM
 #2294

No, I don't think it will be popular. Because I, myself are attracted in bitcoin becaude of it's unstable value (positve remark). And, if the price is $0.01, I would better choose my local currency which is very accessible and convenient. Bitcoin is popular because of the excitement that it gives in the investor and/or holder.

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October 09, 2017, 06:27:23 PM
 #2295

Definitely not popular, people will not be interested in buying a lot of bitcoin because if you have no stock of profit, I also would not be interested in using bitcoin and prefer paypal because verification is safer than anonymous.

If the bitcoin price rises slowly, for example 5% per month, it is quite stable, but people will love it.
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October 09, 2017, 09:48:57 PM
 #2296

I think so...
I believe if Bitcoin would be able to be a stable price then it would have been more popular than today. I have a belief that Bitcoin should be more stable. when people will get more stable then it will be more acceptable.
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October 10, 2017, 10:27:48 AM
 #2297

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 no, because bitcoin become popular because of ots rate that change everyday. Sometimes up and sometimes down. It is also popular bacausw it is expensive. It will never be stable because the who manage it are different.
This is the point of discussion. There are so many different stabilizers and miners who are just take caring of bitcoins along the internet. There is no one sole power or any bank or any institution that count the bitcoins and regulate them. So being decentralized and handled by hundreds and thousands, bitcoins could never be stable. And for that only they are famous.
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October 10, 2017, 10:46:37 AM
 #2298

For investment bitcoin will be not very popular because for investment, the investors need more gain for their investment, when price of bitcoin going stable than no more short profit any more.
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October 10, 2017, 10:53:45 AM
 #2299

For me no. because the bitcoin will not be popular with that and besides that is impossible because the bitcoin have limited supply.
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October 10, 2017, 11:00:25 AM
 #2300

For investment bitcoin will be not very popular because for investment, the investors need more gain for their investment, when price of bitcoin going stable than no more short profit any more.

What do you mean by investment? is it on those investment sites or investing in bitcoin and keeping it for a long time?

If it is for investment sites, well, I think no need to think about the price since you will receive the exact ROI on the agreement, however, if you are trading bitcoin against altcoins or dollar, well, you gotta look at the price, it really matters when that's the case.

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