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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
lllaqpt
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October 10, 2017, 11:01:24 AM
 #2301

I believe that bitcoin with a stable price will not be so popular. Tomsk I know keep bitcoin just because of its unstable price in order to earn a lot of money in this way.

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jakoylantern
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October 10, 2017, 11:23:35 AM
 #2302

For me if bitcoin had a stable price, it will be much popular. Because more people will have an interest to mine the bitcoin, join to the signature campaigns and use it in gambling industry.  Smiley
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October 10, 2017, 01:36:24 PM
 #2303

In my opinion, bitcoin will not have a stable price, because the bitcoin digital currency is always used by investors, therefore the graph is unstable. If the price is stable I think it does not become interesting anymore. Because with an unstable price, that's where people get big profits, although the risk is high enough
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October 10, 2017, 01:44:47 PM
 #2304

For me if bitcoin had a stable price, it will be much popular. Because more people will have an interest to mine the bitcoin, join to the signature campaigns and use it in gambling industry.  Smiley
I don't think so, it will still depend on the price of Bitcoin that will determine if it will be popular. Just by having a stable price won't simply cut it. For example of Bitcoin got stucked in the price of 200$ I don't think it will be profitable for miners and for campaign posters(at the current rate). Also having a stable price will make the trading industry less profitable which won't favor them but in turn will favor the consumers.

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October 11, 2017, 03:28:30 AM
 #2305

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?
before I apologize for my opinion, because I think if bitcoin prices continue to be stable then bitcoin will not have much interest anymore and the worst thing that may happen bitcoin may die, like other coin.
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October 11, 2017, 03:34:41 AM
 #2306

Nope,, bitcoin is popular to investors because of its unstable price because it is one reason they’re here for.. The “buy low,, sell high” strategy has more impact if the fluctuations far distance from its other.. I mean who will invest in bitcoin if it only stay or stagnant at $4500 to $4550.. A $50 possible earning are too small for them to invest big..

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October 11, 2017, 02:33:10 PM
 #2307

All here had joined to bitcoin due to its volatilaty and potencial to grow if it were to be worth always 300 dollars i doubt the most of us would be at bitcoin at all. We have companies producing miners and selling a big part of them due to bitcoin mining and volatilaty of bitcoin. It would be such sucessful coin and the king if it were stable, others people would ignore it even more.
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October 11, 2017, 03:20:08 PM
 #2308

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.
That is the reason Bitcoin also has nature decentralization, it does not like other currency normal on the world. But although it just means about the technology, we still can not say the government can not make Bitcoin stable its value if they joinning to this field.
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October 11, 2017, 04:19:24 PM
 #2309

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 btc had a stable price the number of people anxious to invest due to volatility would no longer hesitate in investing. The knowledge of it however would not have a great increase all of a sudden. If there is no high growth and it's relatively stable as gold then many people would prefer other investment rather than bitcoin.
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October 11, 2017, 04:53:33 PM
 #2310

For now bitcoin is popular currency and there is also market forces are in a race some time demand level is high than supply and some time against of it so to keep the stability it is very difficult to stake at one point. For other things it can be possible but in the case of currency it is impossible to stable for a period of time.


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October 11, 2017, 05:27:25 PM
 #2311

yes obviously of course, with bitcoin price stability then the possibility of the future bitcoin will be more popular and growing also forward
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October 12, 2017, 05:28:35 AM
 #2312

The reason people like to trade on btc is the risky nature of btc and if it had a steady price tag I dont believe it would be that well-liked. Nonetheless I nevertheless question the reputation of bitcoin because none of the individuals much less designed international locations know anything about blockchain or bitcoin. I consider bitcoin has not been recognized extensively however and it nevertheless needs development in this sphere. If nearly each and every place would begin to get and promote bitcoin then volatility would be even much more.
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October 12, 2017, 07:48:57 AM
 #2313

yes obviously of course, with bitcoin price stability then the possibility of the future bitcoin will be more popular and growing also forward
I am believing that price will become stable, the price movement is solely based on the supply and demand and when people are holding while transactions are growing then we will still gonna see the same status again and again. We investors are after of a price increase and we will be happy if the price will continue to rise, the same with trader because they want to find good opportunity to trade when the price moves regularly.

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October 12, 2017, 08:53:07 AM
 #2314

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, it will be popular and used. Bitcoin became popular because of its anonymity and being decentralized. That is why it was popularly used in Dark market because government can't track their identity. Even prices became stable, I guess people will still enjoy using Bitcoin. We all want a private life. Having a private life means no one can see where you want to spend your money.

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October 12, 2017, 08:58:53 AM
 #2315

I think that if bitcoin would have experienced a secure price tag at the starting, it would not have been this common, but much more balance now in terms of enormous fluctuation might do the coin some good.
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October 12, 2017, 08:59:50 AM
 #2316

If the price had reduced volatility in the short run, and increased volatility in the long run. Absolutely, it would be more popular. You want the price of an asset to rise steadily by orders of magnitude over years or decades not days. This shows stable growth in the underlying economics of the asset, which implies increased user adoption and trust - over time this will create a positive feedback loop as network effects take over the popularity would increase at an exponential rate. The price would approximately reflect its popularity.
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October 12, 2017, 09:32:54 AM
 #2317

Of course I'm sure bitcoin will remain popular and I think more people will be focusing on bitcoin as their incomes. Especially if the price is stable at altitude and last long without experiencing a high decline on the price, I think it will be very interesting if it will happening.

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October 12, 2017, 09:34:32 AM
 #2318

If bitcoin prices stable price for a while, many users lose. Because these users use bitcoin to make money only in technology and innovation. If the price of bitcoin is stable price at 5000 dollars now, it will make many improvements as payment method.

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October 12, 2017, 09:41:33 AM
 #2319

People think that Bitcoin is popular because it is highly volatile and trader find it a place to get profit.  Little that they know that Bitcoin will be more popular if merchants comes in in place of traders once the price is stable.  Merchants reach out to thousands of people, traders do not.  Comparing  these two in such case, Bitcoin will be popular when Bitcoin price is stable because merchant will definitely advertise Bitcoin more than these traders.
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October 12, 2017, 10:16:36 AM
 #2320

I do not think anyone would care about choosing an existing one that is paypal, the thing that makes bitcoin favored is a decentralized system that all depends on the market.


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