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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
KourtneyK
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October 25, 2017, 08:21:35 AM
 #2421

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.

I agree and all the more if bitcoin price would be stable, people would still use it and I think all the people will more likely to use it if becomes stable.
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October 25, 2017, 08:37:11 AM
 #2422

I believe yes.If it is stable then it will have stable value too.It will still be popular.For it will have characteristics of other currencies.

nano77
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October 25, 2017, 08:46:46 AM
 #2423

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 bitcoin will not be as popular anymore as it is now because people will not be interested anymore here, they think it will not benefit here
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October 25, 2017, 08:49:25 AM
 #2424

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.

Indeed, if the price of bitcoin is stable it wont become popular to many because it has no difference in ordinary currency wherein the uses are to purchase things.

Because of the unstable price users are investing to grow their money and for future purposes, its like an asset. Thats why the volatility of btc has a big contribution why it became popular and successful today.

MARK 777
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October 25, 2017, 08:53:05 AM
 #2425

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 because Price rise and down Make Users invest in Bitcoin and make Dreams to Be rich but when price stable will used Bitcoin As coin which other real coins better than it
haroldtee
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October 25, 2017, 09:04:02 AM
 #2426

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 as a mode of payment and spending it as the normal fait they use every day for their daily business transactions.

Exactly, the real value of the coin would then be known. Ask so many people today who are in this show what they really know about bitcoin, and all they will tell you is that it is an asset that will increase in value and funny enough, most of them don't even understand how the increase in value comes to play. Bitcoin has ease transaction for so many people and it has so many advantages which one of it is just the increase in value due to demand and supply and if it had been just as a means of payment, people would have still gotten to know and still use, though it might not have been this popular as we have it today though.
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October 25, 2017, 09:35:45 AM
 #2427

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 if bitcoin had stable price then it would have been this popular and users. This is because then there was no difference between banks and bitcoins. The matter of fact that people go for bitcoin over banks is its instability because of which its price fluctuate and have a high chance of increasing resulting in increase in your invested money. So bitcoins biggest weakness is its biggest strength which is it being not stable and not regulated by any government. Which has lead to its increased popularity and users.
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October 25, 2017, 09:36:28 AM
 #2428

If bitcoin would have a stable price, then that means the benefits of using bitcoin would only be its low transaction fee and safety. Of course this is not an exhaustive list. But I suppose that bitcoin would not be as famous after all.
kobmat
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October 25, 2017, 10:05:19 AM
 #2429

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 its value was changed every hours. If it is stable it is regular salary like the other job, so its not unique. Being unstable of it is their asset.
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October 25, 2017, 10:34:14 AM
 #2430

Every day bitcoin users is increasing , i think bitcoin price always stable like that , maybe can increasing because a lot people know bitcoin and start to using bitcoin.

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October 25, 2017, 11:22:48 AM
 #2431

Yes I think it will still be pretty popular.With popularity comes more stability. If there are no new users then the price can never really surge.
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October 25, 2017, 11:54:04 AM
 #2432

Imagine the day when bitcoin was worth only $0.1 with less or no volatility? Imagine how the price reached from nothing to apex?
The moment people started noticing about its quality features, Its popularity got absolved.
It is not only the matter of stability due to which people like bitcoin, but other attributes retains its popularity.

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Andre#
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October 25, 2017, 12:57:07 PM
 #2433

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 if bitcoin had stable price then it would have been this popular and users. This is because then there was no difference between banks and bitcoins. The matter of fact that people go for bitcoin over banks is its instability because of which its price fluctuate and have a high chance of increasing resulting in increase in your invested money. So bitcoins biggest weakness is its biggest strength which is it being not stable and not regulated by any government. Which has lead to its increased popularity and users.
The price fluctuation, the value and the function of Bitcoin are the reason make many people want to buy it.
If Bitcoin price become stable, no one wants to buy more for investment long term because Gold will be better than and safe than Bitcoin.
In that time, Bitcoin can only be useful for international transfer money.
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October 25, 2017, 01:30:11 PM
 #2434

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 if bitcoin had stable price then it would have been this popular and users. This is because then there was no difference between banks and bitcoins. The matter of fact that people go for bitcoin over banks is its instability because of which its price fluctuate and have a high chance of increasing resulting in increase in your invested money. So bitcoins biggest weakness is its biggest strength which is it being not stable and not regulated by any government. Which has lead to its increased popularity and users.
Well i think bitcoin maybe also a popular even if it is low prices, goes to the highest value. Although we know that it is world wide currencies some personalities even if your'e ordinary you probably engaged too. in order to stay alive, achieve what you dream you must get interest on what is really in reality. But furthermore i think bitcoin cannot be have an stable value cause of the increasing number of members of it.

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October 25, 2017, 02:47:44 PM
 #2435

There's a lot of conflicting views in this thread. A poll for simple yes or no would maybe give a better overview of people's thoughts. There's a lot of speculation in Bitcoin right now, and if the volatility were smaller then these speculators would have less interest in it. On the other hand the high volatility prevents bigger investors to put their money there, as it isn't really fit to put your fortune in it. Right now the only sensible move is to only put money you can afford to lose in Bitcoin.

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October 25, 2017, 03:09:52 PM
 #2436

if the stable bitcoin price certainly will not make us interested to use bitcoin, other options such as paypal or liberty reserve of course better because it has been supported and accepted many countries.
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October 25, 2017, 03:15:10 PM
 #2437

I think if its price is low and stable then almost no one will care about it, like gold, because it is too stable and there is no mutation so it is difficult to invest. Bitcoin is now very good, high value, good user support base so it is very promising in the future

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October 25, 2017, 03:31:53 PM
 #2438

I do not think it will be as popular as right now because the reason most of the people invest on bitcoin is to gain rather than to use it. but i believe if bitcoin will become stable users are still there but traders will decline in numbers soon.

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October 25, 2017, 03:46:47 PM
 #2439

If bitcoin has a stable price then its mean that the demand and supply re come closer to each other and the profit margin become less therefore the current investors will move to other currencies and the ultimate result will be decline in the popularity and approach of popularity of some other coins are also affected. It bitcoin has a stable price I think the popularity will be affected.

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October 25, 2017, 03:53:04 PM
 #2440

Maybe if the bitcoin price is stable there will be a decrease in the interest of traders and investors to engage in bitcoin because of course it will be a little difficult to get the results in accordance with their profit targets, and some of them using bitcoin course for payment transactions only
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