Happywarren
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October 23, 2017, 08:44:56 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?
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. I agree with you, bitcoin will not be able to continue to popular if it has a stable price, people will gradually give up bitcoin and seek out new investments similar to what they did with gold. Most people like Bitcoin because strong fluctuations in prices, Bitcoin is the most famous on this point, this helps traders and investors make a lot of money, if it is stable, I believe that no one interested in it, stability is not earn money, it will no longer be popular. And want the price of stable bitcoin is very difficult thing because investors and traders are always looking for ways to make the price of Bitcoin change constantly, they are making money based on it, they will not let it stabilize And with people you mean idiots, right? If you truly support bitcoin, you support it for its technology, not the price. That's a huge problem right and it is that most people are only seeking to get rich, make money fast and get out, they don't really care about bitcoin and they wont use bitcoin as what it is, a currency. I think that if bitcoin had a stable price the bitcoin marketplace would be dead. No one would invest in bitcoin if there was to money to gain from it. So i think that people only support bitcoin because there is money to get.
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Chrystora123
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Omicron is another FUD
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October 23, 2017, 09:02:05 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?
of course, if the Bitcoin price is stable I'm sure Bitcoin will be very famous even beyond today, and I think Bitcoin will disrupt the stability of US Dollar if only Bitcoin price is stable ..
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Kakawate
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October 23, 2017, 09:13:06 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?
One thing that bitcoin users and investors liked about bitcoin is its volatility, and its volatility rate is quite high, it can go from 2000 to 6000 in just a matter of few weeks. I think if its volatility will just range from that amount which you have given, many bitcoin users would definitely go and look for an altcoin which can give them the kind of volatility which butcoin has today, as close as possible if not same as bitcoin.
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whisee
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October 23, 2017, 09:27:14 AM |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
if price take long time in stable point i think you can make real Deals with it but now you must put extra 20$ (if price rise or down) before any deal
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spyerf
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October 23, 2017, 09:42:57 AM |
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I think it will be more popular from now even though bitcoin price is still stable, because at this time still bnyak people who do not know about bitcoin. How to easily transact and benefit from bitcoin use and I think people can turn fiat into bitcoin and survive without having to fear losing value. so they will use bitcoin as a popular online transaction tool from now on.
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mastica
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October 23, 2017, 10:16:20 AM |
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No, stable price would mean centralized and controled by a countrie, bitcoin had atracted huge investment into it due to its price being volatil, a lot new players are coming into crypto because there isnt any other investment wich such potencial as bitcoin. For other side if bitcoin would be worthing 300-400 dollars maybe more people would be able to use and trust into it, but the thing is decentralized currencies will always fluctuate.
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tengek37
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October 23, 2017, 12:10:09 PM |
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One of the things that make bitcoin popular is the fluctuating price that makes people interested to make it as an investment, but on the other side there is a risk that could make investors lose because the price slumped, but that's what makes bitcoin popular, if the price is stable then the number of devotees will be reduced.
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eminemcookie
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October 23, 2017, 12:13:56 PM |
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I think almost certainly not, there are many many people in bitcoin who are purely in it for price speculation. If the price was stable then they would no longer be here. Though from an economic point of view a stable price implies supply and demand are stable also or adjusting in unison, given that supply is relatively fixed it would mean demand would still have to be quite high for the price not to fall.
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GIGZI INDEPENDENT WEALTH MANAGEMENT Crowdsale Starts on 23rd November 2018
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VFabio
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October 23, 2017, 01:56:09 PM |
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It will be much more popular, because then it's actually used widely.
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mickeybuddy27
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October 23, 2017, 02:12:39 PM |
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One of the things that make bitcoin popular is the fluctuating price that makes people interested to make it as an investment, but on the other side there is a risk that could make investors lose because the price slumped, but that's what makes bitcoin popular, if the price is stable then the number of devotees will be reduced.
I agree that if the bitcion price become stable, the user of it will reduce and choose to find and mine gold. But it is part of bitcoin to be decentralized and the price is impossible to get stable because of its volatility. Many people invest of bitcoin because of price flactuates that give opportunity to give profit more than you expect.
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butcherme
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October 23, 2017, 02:17:31 PM |
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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 bitcoin will still be popular because bitcoin can be used in many ways. It can be used for daily transaction and you can still earn through it because there are still a lot of altcoins and it can be used to invest in other ICOs.
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Rhosadah
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October 23, 2017, 02:34:49 PM |
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bitcoin If stable, trade is not profitable so many traders will not be here. But on the plus side, stable prices CAN mean Bitcoin is used as a global currency. I wonder what Bitcoin will do next winter.
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superjeyy
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October 23, 2017, 02:50:37 PM |
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The volatility of Bitcoin is what makes Bitcoin, Bitcoin. The fluctuations of its price may be a disadvantage to some, but certainly its unpredictability has sometimes resulted to an advantage to a number of investors. Despite this factor, many still chooses to invest through Bitcoin. If it had a stable price, it would definitely attract more people as it would result to earnings that can assure security. However, some might not be interested as the aspect of taking on the challenge of Bitcoin unpredictability would be gone due to the established stability. It depends on how people will take on the stability, but nonetheless it will have its high and lows.
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Xanxus024
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October 23, 2017, 04:48:02 PM |
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My answer is no the interest of people will be decreased because bitcoin is known for a higher value. If bitcoin had a stable price the eagerness of every person will become low then the investors interest will become low also and they always look to get a higher amount profit.
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Sanitough
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October 24, 2017, 07:52:59 AM |
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My answer is no the interest of people will be decreased because bitcoin is known for a higher value. If bitcoin had a stable price the eagerness of every person will become low then the investors interest will become low also and they always look to get a higher amount profit.
Even if some people wish the price will be stable but it seems like it's not going to happen because it's not the nature of bitcoin. With its limited supply all we can witness is a volatile price, in addition there are a lot of hypers and Fudders int he crypto world so the price will move regularly.
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rainezerr401
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October 24, 2017, 08:26:34 AM |
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Bitcoins value is high so i think that it was still valuable and the process of earning this coins is quiet easy so i think that there will still be a lot of investors that will manage to be interested in this crypto currency.
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Ngewex Yuk
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October 24, 2017, 09:10:44 AM |
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Certainly no one will be interested, this is because no one dare to invest in large numbers because if keep in large quantity it will lose because its value will decrease if there is inflation.
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TIME TO SLEEP
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cryptohome
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October 24, 2017, 09:12:23 AM |
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Never, it's the volatile nature of Bitcoin, that makes it popular. If not it would have been just another investment as in Banks for a specific returns.
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Elcapsono
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THE ENERGY EFFICIENCY PROTOCOL
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October 24, 2017, 09:16:52 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?
Still, then it would be like that. There is nothing better than stability and permanence, it would simply be like a deposit for a certain period, and there would be very few trades, but you are for popularity.
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. │ │ │ | | | | bluenote | | . │ │ │ | | | | . │ │ │ │ | .
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syarifudin
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October 24, 2017, 10:15:09 AM |
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If bitcoin prices are stable maybe not many traders are trading and investors will certainly be slightly reduced as it may be difficult to profit from such trades and investments, And of course people will use bitcoin as a means of payment transaction merely
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