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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171755 times)
BitcoinBallerina
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October 14, 2017, 12:39:17 PM
 #2341

If Bitcoin's price was stable it would not be popular. The reason there are so many HODLers is because they're convinced and truly believe that it will replace FIAT $ and there is a lot of debt there.

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October 14, 2017, 12:44:19 PM
 #2342

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 own opinion,yes it is because as of now the value of bitcoin is very high,this is not very popular because only few people earns bitcoin becaure most of the people wont believe bitcoin but if you earn alot here in this site then they will join immediately because you earn alot of money and they want to earn to and it will be spread out to other people.
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October 14, 2017, 01:18:13 PM
 #2343

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 popular  in the crypto world even the price is stable in the blackchain market because bitcoin helps a lot in terms of less the unemployment,economy progress,paying online transaction and many more.bitcoin image never faded its always constant change.

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Superways
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October 14, 2017, 11:27:02 PM
 #2344

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.
There is only one thing which has played a major role in providing this much fame to bitcoin and that is none other the tremendous increase in the market price of bitcoin in such a short period of time. It is neither possible for bitcoin to become stable nor lose its popularity. Bitcoin will keep on increasing in very similar fashion as we have seen in past.
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October 14, 2017, 11:45:42 PM
 #2345

yes sir .. right now bitcoin reach 5000USD...  and it will grow and grow and grow. this will still be popular to all those who want to earn extra or full.. right now.I think to evrybody..this help them a lot to earn money..
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October 15, 2017, 09:33:31 AM
 #2346

I don't think bitcoin will be popular as today if the value is stable. People want to earn a profits in any possible way may it be through fiat or gold. That's why bitcoin is very unique currency of all time because of its volatility. The price may go down many times but it will surely increase multiple times and that is the advantage of bitcoin that made it very popular. Gaining big profits because of constantly increasing value.

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Superways
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October 15, 2017, 09:16:10 PM
 #2347

I don't think bitcoin will be popular as today if the value is stable. People want to earn a profits in any possible way may it be through fiat or gold. That's why bitcoin is very unique currency of all time because of its volatility. The price may go down many times but it will surely increase multiple times and that is the advantage of bitcoin that made it very popular. Gaining big profits because of constantly increasing value.
In my opinion, there is no way that we can experience a stable price and that too in case of bitcoin. In case this thing ever happens, then there are likely chances that bitcoin will become less popular amongst the people as it is only the tremendous increase in the market price of bitcoin which is fascinating the investors. It will be very much difficult to maintain its reputation then.
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October 17, 2017, 08:02:49 AM
 #2348

Bitcoin's uncertainty in pricing is what fuels it to be popular. Also, it is decentralize meaning government can't control it. The current trend in pricing is really what attracts people to get into it without it then it would just be any fiat currency.
I don’t think so that bitcoin will remain that much popular if the market price of bitcoin will get stable. The only reason behind this much fame and popularity of bitcoin is the tremendous increase in the market price of bitcoin and that too in a very short span of time. In case this thing stop happening, then people will look for some other mean which can help then earn more.

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JamesBlack72
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October 17, 2017, 09:27:19 AM
 #2349

I think that the deflating nature is a feature that mostly attracts newcomers, when they see the growth volume. However, the true uniqueness of bitcoin is the blockchain and all features related to it.
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October 17, 2017, 10:40:34 AM
 #2350

If the bitcoin price is stable then it will be difficult to compete with the existing ones ie paypal, web money, payza and so on, I too would not be interested to invest bitcoin because there is no hope of getting profit.


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October 17, 2017, 10:51:31 AM
 #2351

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, I think it would still be popular because the risk of losing money with bitcoin would no longer be an issue. Sure we get excited when the value goes soaring high but the possibility of depreciation is always present as well. With a stable value, holding on or selling your bitcoin would no longer be the toughest decision you’d have to make.

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October 17, 2017, 12:01:37 PM
 #2352

If the bitcoin price is stable then it will be difficult to compete with the existing ones ie paypal, web money, payza and so on, I too would not be interested to invest bitcoin because there is no hope of getting profit.
I guess the price is not going to be stable, people love to jump when there is a good news and panic when there is a bad news so it will
only make the price more volatile, we can see a lot of that as bitcoin continue to exist.
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October 19, 2017, 04:47:14 AM
 #2353

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.
There is only one thing which has played a major role in providing this much fame to bitcoin and that is none other the tremendous increase in the market price of bitcoin in such a short period of time. It is neither possible for bitcoin to become stable nor lose its popularity. Bitcoin will keep on increasing in very similar fashion as we have seen in past.
The continuously increasing prices of bitcoin has make it this much famous around the world. the reason why bitcoin has left gold behind in the race of most profitable investment is just because of this reason that gold has very stable prices whereas people want to be rich in short time.

Bitcoin has unstable prices which give people opportunity of cashing them out when they are pumping.
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October 19, 2017, 05:22:12 AM
 #2354

If bitcoin will be stable and the value is not increasing or decreasing then there will be no more traders instead scammers. A stable price for bitcoin will never happen since the rate of the currency is depending on the supply and demand in the market.

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October 19, 2017, 01:52:24 PM
 #2355

I'm not sure bitcoin will remain popular if the price is stable. because the current of bitcoin is the fluctuating value. sometimes up, sometimes also dropped dramatically. so if the price of bitcoin is stable then will you keep using bitcoin?
For some people it will be the end of his game in bit coin but on other hands it will be good source of saving like gold or saving account in banks. But I think its price is just like stock exchange shares prices as these prices are never become stable because of the buying and selling of the investors.

If the buying selling operation vanished from the open market then its prices will stuck on one place which is no possible.
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October 19, 2017, 02:36:36 PM
 #2356

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 I don't think that bitcoin would be popular if it had a stable price, as it is mostly used by investors and traders and also speculators, so if bitcoin had a stable price then they would have lost interest and bitcoin would haven't been so popular.
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October 19, 2017, 10:15:20 PM
 #2357

bitcoin even now well-liked if bitcoin experienced a secure price tag, because all altcoins basic charge follow with bitcoin. and altcoins will change their charge with bitcoin charge. like now, numerous altcoin has acquiring pump and dump, the marketplace mentioned up, and the charge stick to up. i feel the rate of bitcoin will be secure for now, never know about next 7 days.
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October 20, 2017, 11:57:57 AM
 #2358

yes as long as it becomes a place to look for profits for that bitcoin will be popular even though the price is stable, because the man who think is profit is not a matter of stable or unstable, which is important profits ...
If the prices of bit coin remain stable for few months then it will be just like gold and the investors will withdraw their funds from it as they are always looking for earning and with stable earning the can never put their money idle. But for saving people it will be as popular as it is today.

Because the people who are thinking of saving never try to spend or invest his funds for earning but they just want to put his money away from them.
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October 20, 2017, 02:05:24 PM
 #2359

If bitcoin will be stable and the value is not increasing or decreasing then there will be no more traders instead scammers. A stable price for bitcoin will never happen since the rate of the currency is depending on the supply and demand in the market.


Really, everyone will never be interested in using bitcoin, of course the other options which like Paypal or webmoney is better because it has cooperated with many banks. bitcoin will not be used if the price is stable.
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October 21, 2017, 09:47:41 AM
 #2360

It would be great for businesses and men and women who use as signifies of payment, but probably not for traders, as someone said.
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