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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171758 times)
okinnas
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October 25, 2017, 03:57:22 PM
 #2441

If the price of bitcoin was stable it will not reach the hype and attention it gets today, might as well I am not here if the price were stable. Massive pump made it so popular that government (ours PH) made it legal to be used as way of payments to city services and remittances due to anonymity and availability of exchange sites.
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October 25, 2017, 06:57:33 PM
 #2442

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.
Yes the bitcoin price and the profit is getting more high and it is because I use it as the simple and bright, the bitcoin is more reliable and easy to use than to buy it and get into it for the short time, bitcoin value and importance of the bitcoin is now more than the simple currency so buy it and try to hold it as long as you can, it is now being famous at the international level and a lot of people are using it now.

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Vikingr
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October 25, 2017, 11:43:53 PM
 #2443

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.
Gold is an expensive asset but it has a stable price and made a very little increment in its price over years. Does it gain as much popularity as bitcoin has within a short period of few years? No, it did not for two reasons. New investors have find it difficult to invest in it and due to low progress rate, they don’t even bother buying it. All the fame and support that bitcoin has today is due to the fact that it gives grand profits within few months.
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October 25, 2017, 11:52:34 PM
 #2444

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?
It would be more popular, I think. Its volatility is what makes investing to Bitcoin somewhat risky. Being volatile makes the value of Bitcoin to change everytime such that there are times that its price is falling. And if it will be stable or less volatile, I think more investors will be attracted to Bitcoin since the profit will be more assured.

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October 25, 2017, 11:54:54 PM
 #2445

it'll be popular for online savings and be more worthy to be a payment processor, so many big company won't accept bitcoin nowaday because of its fluctuation will give risk to those company to receive less value than what they should received,but we will lost those traders,so market will get a little bit slow i think. Hope future BTC figuring out a way/ fork to fix this.
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October 25, 2017, 11:59:17 PM
 #2446

People are depending on the price of bitcoin investors are enjoying the unstable price of bitcoin the real fact here is those holders , investors are earning money from that and i you people will believe that bitcoin will be stable you’re fooling your aelf around and if that happens when bitcoin started there will be no more changes at all
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October 26, 2017, 12:44:49 AM
 #2447

In some cases, for sure it will still be popular. Like it gives extra income. But i am sure, bitcoin will not be completely stable now and in the future for these demand always change that result for the price change of BTC and ALTcoins.

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October 26, 2017, 01:25:31 AM
 #2448

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 price also shows the popularity of bitcoin.
If the price of Bitcoin goes higher that means it is getting popular.
Because Bitcoin supply is very little compared to the demand of world population like gold.
So i think it wouldn't be that popular as it is now.

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BeGoods
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October 26, 2017, 01:40:45 AM
 #2449

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 price also shows the popularity of bitcoin.
If the price of Bitcoin goes higher that means it is getting popular.
Because Bitcoin supply is very little compared to the demand of world population like gold.
So i think it wouldn't be that popular as it is now.
You know that bitcoin is getting popular and day by day users will be more and more and that means bitcoin marketcap will continue to grow and if that happens certainly the bitcoin price changes in the market will slow down. we know that bitcoin prices will be more stable in the future and the question is it you will always use and invest in bitcoin even if the price is stable? see many people who use bitcoin because of fluctuations
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October 26, 2017, 01:47:02 AM
 #2450

of course, there would be very many businesses waiting if it really happened. in fact, bitcoin can be a currency in a country, because its price has stabilized. well, there may be very many payouts in the form of bitcoins.

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October 26, 2017, 02:40:55 AM
 #2451

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 not really because bitcoin is recognized and known to its high value and volatility.  many people are joining in to the cryptoworld thinking that they can earn money on it and thats also the reason why bitcoin has gain a lot of popularity plus due to this forum that there are called signature campaign/bounty campaigns. so i guess it will greatly affect the users especially investors , if its value will be stable and less volatile.
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October 26, 2017, 02:43:56 AM
 #2452

of course, there would be very many businesses waiting if it really happened. in fact, bitcoin can be a currency in a country, because its price has stabilized. well, there may be very many payouts in the form of bitcoins.
I agree to that. That is what is gonna happen in the future because bitcoin will be adopted by almost everyone if the price is stable because the people will not get worried for accepting bitcoin because they know that they can't lose money in bitcoin so if they are going to buy bitcoin and use it then they will get comfortable by bitcoin and all of the businesses will surely accept bitcoin too for easy transactions and security.
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October 26, 2017, 02:45:28 AM
 #2453

In some cases, for sure it will still be popular. Like it gives extra income. But i am sure, bitcoin will not be completely stable now and in the future for these demand always change that result for the price change of BTC and ALTcoins.

The bitcoin price is always not stable and I think it will never stable, but if the bitcoin price had a stable price, some online jobs will use bitcoin as a payment and also people will invest in bitcoin for long term like a gold. I think there is a positive and negative result if bitcoin had a stable price.
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October 26, 2017, 02:50:36 AM
 #2454

In some cases, for sure it will still be popular. Like it gives extra income. But i am sure, bitcoin will not be completely stable now and in the future for these demand always change that result for the price change of BTC and ALTcoins.

The bitcoin price is always not stable and I think it will never stable, but if the bitcoin price had a stable price, some online jobs will use bitcoin as a payment and also people will invest in bitcoin for long term like a gold. I think there is a positive and negative result if bitcoin had a stable price.

I think, I think the uniqueness and superiority of Bitcoin is because the price is always up and many people use it as an investment. If the price of Bitcoin does not go up and does not change much, I think it will be just like Dogecoin. Both coins have its own privileges.

Bitcoin and Dogecoin are very popular cryptocurrencies. But if the price of Bitcoin becomes stable and unchanged, maybe Bitcoin will not be as famous as it is now. The price of any cryptocurrency will surely go up and down, as well as Bitcoin. But Bitcoin prices always go up and it makes it a powerful investment tool. Stability is necessary, but that is for other matters.
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October 26, 2017, 04:33:00 AM
 #2455

of course, there would be very many businesses waiting if it really happened. in fact, bitcoin can be a currency in a country, because its price has stabilized. well, there may be very many payouts in the form of bitcoins.
Businesses must understand that it's hard to achieve the stable price they are looking, bitcoin will always be volatile same with altcoins due to their limited supply and changing demand. If they will adopt, they have to accept the nature of bitcoin and if they learn how to manage the volatility of bitcoin they can integrate this in their business and increase their operations.

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October 26, 2017, 04:46:44 AM
 #2456

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 I think many investors would invest on it if bitcoin has a stable price.But I think its not possible that bitcoin can be in a stable price due to indemand price now and flactuating of price decrease and increase.
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October 26, 2017, 04:55:25 AM
 #2457

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?

Any person may continue to invest because of the profit. If price is stable, some may find it in a positive way and may continue to invest.
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October 26, 2017, 05:00:00 AM
 #2458

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?

Any person may continue to invest because of the profit. If price is stable, some may find it in a positive way and may continue to invest.
Yes you are right people will still continue buying bitcoin for the sole purposes of sending money its easier to use bitcoin than any other payment plus you can be anonymous. If bitcoin price will be stable then that would be the time that we will really use bitcoins functionality and not because of its price growth.
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October 26, 2017, 06:20:27 AM
 #2459

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 bitcoins currency was stable then i don’t think it will be as close as the popularity of bitcoin today. Because bitcoin got popular when the currency of bitcoin sky rocketed.

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October 26, 2017, 06:27:00 AM
 #2460

I think yes and I also expect it to have a stable price or its price fluctuations are no or little and hence it can do more as a substitute for gold and dola becomes The main payment method in the world and using bitcoin will not cost you any money to convert but will only cost you when transacting from one wallet to another.
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