If Bitcoin had a stable price, would it still be as popular?

[Skyshark]

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 its not gonna be as popular as it is today, many investors are attracted to Bitcoin because of its volatility, now if its volatility is not so significant, then I think most of its investors now, won't be as attracted to bitcoin as they are today. I think Bitcoin isn't gonna be as popular as today.

[enterprevic]

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?

Lol, no way its going to be popular, even as at now there are a lot of investors who are only in the  market to make money off the price fluctuations and do not really know how bitcoin or the blockchain works, so I think the price surge caused it. If it had a stable price, it would probably be deep somewhere in the net and still without value

[beezunus]

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 if bitcoin has a stable price then people will not be interested in bitcoin because it's no different from gold and maybe a lot of people will get bored and leave bitcoin and bitcoin will not become popular again

[MS.LAWLIET]

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?

Bitcoin has many advantages it's not just the price that makes it popular but we can't deny that the value is one of the main factors.STILL bitcoin like what i've said has many advantages one of it is easy transaction another is we can buy whatever in the other countries without worrying how to convert our local money with their currency and also if the bitcoin has fixed price many users will nor worry if they buy and sell because the value will not fall nor rise..maybe many will still use bitcoin.

[setupbounds]

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.

The thing which I like the most about bitcoin is this that it is volatile in nature. Its price keep on changing with each passing day and this is the thing which is helping most of the investors to earn a good amount of money. If there comes a time when the market price of bitcoin gets stable, then I think it will lose its popularity and the number of investors will be greatly reduced.

[bonghip]

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.

If Bitcoin is really stable, it will still be popular because more people will trust it. It is still used for worldwide transactions and uses trade coin on the exchange. However, many venture capitalists who want high returns may will  find another coin.

[SkyFlakes]

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 thinkk it will still be popular ,but the fact that sooner it may sstoring huge number of workers here in bitcoin people will demand for a higher place since expenditures anddaily expenses ddoesn't get cheaper but it becomes expensive nowadays and we cannot be contented in a certain amount for example $25 weren't enough for the whole family.

[jimn]

If Bitcoin had a stable high price, it would be still somehow popular but without any doubt a lot less than its actual popularity. Most bitcoiners invest and hold bitcoin because its price is increasing highly with time, so having the price stable will not motivate or encourage them.

[Axthunder]

I think if Bitcoin was a stable price bitcoin would be dead right now. Because people invest in bitcoin because the value is not stable. They make money because of this and that is what people want. That is why everyone is here right now.

[Harlot]

I think if Bitcoin was a stable price bitcoin would be dead right now. Because people invest in bitcoin because the value is not stable. They make money because of this and that is what people want. That is why everyone is here right now.

For starters Bitcoin is created as a currency in the first place and not as a mode of investment. Having a more stable price will of course be bad for profit takers or traders but on the consumer's end it will be good as businesses will now be more than willing to accept Bitcoin as a mode of payment because they know that the value of their earnings won't change or at least be near at what fiat currency has to offer. Bitcoin being a worldwide use currency will become a reality if that happens.

[futuret]

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 if bitcoin has a stable price then it will not be as popular now because people will not be interested and profits are also not big maybe people will get bored.

Yeah it will happen if the people will buy the bitcoin and they will hold for the long time but they will hold for the long time so if they will not any change in the price of the bitcoin will be more than this, I hold the bitcoin and the income of the bitcoin will be more than. Bitcoin will be more than this, I am having the bitcoin but I want o keep it for the long time, the information must be true.

[Napole0n]

If the stable price of course makes bitcoin unattractive to all of us, surely people will not care because its value is fixed. let alone the concept of stable prices already exist that is paypal, web money and so forth.

[yoseph]

If the stable price of course makes bitcoin unattractive to all of us, surely people will not care because its value is fixed. let alone the concept of stable prices already exist that is paypal, web money and so forth.

I initially treated bitcoins as any other virtual currency because then the value less than even to a dollar, so my interest in it was not there at all, but as time went on and the value continued to rise, i saw that its even an investment asset just like gold is.

[jaysabi]

I think if Bitcoin was a stable price bitcoin would be dead right now. Because people invest in bitcoin because the value is not stable. They make money because of this and that is what people want. That is why everyone is here right now.

For starters Bitcoin is created as a currency in the first place and not as a mode of investment. Having a more stable price will of course be bad for profit takers or traders but on the consumer's end it will be good as businesses will now be more than willing to accept Bitcoin as a mode of payment because they know that the value of their earnings won't change or at least be near at what fiat currency has to offer. Bitcoin being a worldwide use currency will become a reality if that happens.

It was created to be a currency, but it has become a commodity. Nobody uses it as a currency (well, at least relatively compared to how many use it as a speculation vehicle), but it's been a smashing success as a gambling vehicle to allow people to speculate. As long as the price keeps going up and there's more and more people helping to fulfill the self-fulfilling prophecy, what's the worst that could happen? Well, that's exactly what the Tulip bubble was. And the tech bubble. And the housing bubble. See the problem? Bitcoin is on a parallel with all those disastrous bubbles where people deluded themselves into thinking that the price can't go down and you can only make money by buying it, just like tulips, dotcom stocks and houses before it.

After what bitcoin has become (a speculative asset/commodity), I'm not sure it can ever become a currency. To answer the the OP's question, nobody would be interested in it then.

[MUG1WARA]

If I think bitcoin has a stable value surely people will pull it. no one will invest in bitcoin But maybe people will use it as a only transaction or just as a display. Due to the increasing value of bitcoin, people always hunt them and want to invest their money in bitcoin

[BUK2016]

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 more popular for reason been that many people who are yet to believe in Bitcoin attributed to the volatility nature of Bitcoin. More people and shop's owners will start accepting Bitcoin are mode of payment when it value becomes more stable as compared to what is obtainable right now.

[Zadicar]

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 if bitcoin has a stable price then it will not be as popular now because people will not be interested and profits are also not big maybe people will get bored.

Yeah it will happen if the people will buy the bitcoin and they will hold for the long time but they will hold for the long time so if they will not any change in the price of the bitcoin will be more than this, I hold the bitcoin and the income of the bitcoin will be more than. Bitcoin will be more than this, I am having the bitcoin but I want o keep it for the long time, the information must be true.

I do have a hard time on trying to understand on what you are saying here since you are just repeating your words just to make your post longer. Back to topic and as being said above popularity would somehow lessen specially on investors and traders side since they cant able to make good money out of it since movements isnt present anymore because it is stable already but yet the another side it will be popular for merchants and those institutions because they can assure that bitcoin is already established regarding on stability.

[Bagaji]

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?

The answer is absolutely YES because many who don't trust Bitcoin as a result of it volatile nature will now believe in it and start accepting it as a mode of payment and spending it as the normal fait they use every day for their daily business transactions.

[Tumanggor]

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 dare guarantee, if Bitcoin price is stable, Bitcoin will be more popular from now,

but currently I see resistance to bitcoin is very strong,

hopefully Bitcoin can continue to survive and be recognized by the world ..

[Viscore]

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 dare guarantee, if Bitcoin price is stable, Bitcoin will be more popular from now,

but currently I see resistance to bitcoin is very strong,

hopefully Bitcoin can continue to survive and be recognized by the world ..

Bitcoin has been this popular because the price is not stable, traders would love to promote it because they want some actions.
The price volatility is a blessing to us because with the price movement we can buy cheap bitcoins which we can sell later, the technology is just very popular now and even merchants are already adopting it as part of their mode of payment.