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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
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October 31, 2017, 08:06:42 AM
 #2521

I think yes. People would put their money in Bitcoin with no fear of losing so it would make Bitcoin more popular. Alot of stores would accept Bitcoin as payment because of stability and the government might have an interest in it.
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October 31, 2017, 08:16:47 AM
 #2522

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 don't think so. It is one of the main features that attracts many investors. As the value changes, the more the chances to earn larger amount of money. Bitcoin has been made popular because the value is rising and if the volatility will be removed the people will stop investing on bitcoin.

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October 31, 2017, 08:35:04 AM
 #2523

it really is unattainable to have a secure price, not even euro or greenback have steady price, there is often swing right here and ther,e that is regular, probably bitcoin ought to not be influenced so significantly by negative news this ought to be true
Yes they can’t really be that stable, all currencies and even stocks are always volatile and can’t obtain a stable rate. The price of Gold is always unstable, and same thing applies to Bitcoin (it is more volatile than every other)
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October 31, 2017, 08:38:50 AM
 #2524

If bitcoin prices are stable like fiat, it will be difficult to get popular because the same services like Payza, paypal, skrill, ok pay and others, bitcoin will not make people buy more because stock is unlimited and nothing special if the price is stable.
What makes bitcoin popular is its volatility, people love to trade this coins because they can have more action.
The price moves a lot and if you are good in predicting you can maximize your earning as you will find a lot of opportunity to buy and sell.

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October 31, 2017, 08:40:06 AM
 #2525

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 don't think so. It is one of the main features that attracts many investors. As the value changes, the more the chances to earn larger amount of money. Bitcoin has been made popular because the value is rising and if the volatility will be removed the people will stop investing on bitcoin.

Not all wants that. If you are a businessman it iwill be a big problem.
Let us say that your items are selling good thru bitvoin payment then suddenly the price falls for a large scale. It will be a large loss too with your profits even if you are doing good with your business. It relies to the value of bitcoin and if suddenly it dives down then you will have to live with that. That is the risk the merchants are taking, that is why I love their courage.
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October 31, 2017, 09:12:13 AM
 #2526

If bitcoin popular, this means bitcoin has been adopted by financial system wherever we are. Thus, bitcoins are actually easier to use and can act like fiat.

Bitcoin is popular because of its value and you can earn bitcoins through building a mining rig but if you want to start without any capital then just work on bounty campaigns here in this forum to earn coins.

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October 31, 2017, 09:18:55 AM
 #2527

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?

For me yes it is, but I think due to the fact that this is a very accessible system which will make usq profitable in short period of time I think all of the forum users will demand for the increase of its value since it will soon store a huge numbers of user in which may help to increase the value of each bitcoin.
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October 31, 2017, 09:49:34 AM
 #2528

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?
For me probably no, btc becoming popular nowadays because investors expecting they will profit if they will buy bitcoin and hold it at least a month that why it is popular

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October 31, 2017, 09:53:04 AM
 #2529

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?
For me probably no, btc becoming popular nowadays because investors expecting they will profit if they will buy bitcoin and hold it at least a month that why it is popular

That is right, without the volatility, I don't think that bitcoin will be as popular. I mean people are continuing to buy and hold this digital currency because they believe that bitcoin will be pumping it's price in the future so they are keep buying. If they knew this will not pump they will not buy, less demand, less price.
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October 31, 2017, 09:56:10 AM
 #2530

I don't think that if bitcoin had a stable price it would be popular because then the people would't be able to make much money out of it. Everyone is investing in bitcoin because they want to earn money out of it.
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October 31, 2017, 10:36:34 AM
 #2531

If bitcoin had a stable price, i think it would still be popular, there is a reason why bitcoin's price went up, but having the idea of you, taking care of your finances rather banks, having anonymous transactions, having a much more secured wallet than banks, i think that is also one of the reasons, why bitcoin became popular, then the law of supply and demand just followed, giving more value to bitcoin.
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October 31, 2017, 11:19:37 AM
 #2532

There is two situations if bitcoin were more stable lets say traded at 300-400 dollars maybe more merchants and big companies would already accept it as payment option, we wouldnt be with soo many big companies investing soo deeply into the mine since the reward would remain stable till last bitcoin block. The other side is the fact it being soo volatil has bringed big players inside and allowed small players to have decent profit as well change a lot lifes, merchants already accepting bitcoin, even being a few those has already started.
In my opinion, this is really a difficult thing for bitcoin to maintain its reputation if bitcoin is having stable price. We all know this fact very well that the most important thing which is helping bitcoin earn this much of fame and reputation is none other than this much significant increase in the market price of bitcoin and that too in such a short span of time. Bitcoin will lose its value at that time.
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October 31, 2017, 11:21:38 AM
 #2533

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?
For me probably no, btc becoming popular nowadays because investors expecting they will profit if they will buy bitcoin and hold it at least a month that why it is popular

That is right, without the volatility, I don't think that bitcoin will be as popular. I mean people are continuing to buy and hold this digital currency because they believe that bitcoin will be pumping it's price in the future so they are keep buying. If they knew this will not pump they will not buy, less demand, less price.
That is ideal, without the unpredictability, I don't surmise that bitcoin will be as well known. I mean individuals are proceeding to purchase and hold this advanced cash since they trust that bitcoin will draw it's cost later on so they are continue purchasing
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October 31, 2017, 12:23:34 PM
 #2534

There is two situations if bitcoin were more stable lets say traded at 300-400 dollars maybe more merchants and big companies would already accept it as payment option, we wouldnt be with soo many big companies investing soo deeply into the mine since the reward would remain stable till last bitcoin block. The other side is the fact it being soo volatil has bringed big players inside and allowed small players to have decent profit as well change a lot lifes, merchants already accepting bitcoin, even being a few those has already started.
In my opinion, this is really a difficult thing for bitcoin to maintain its reputation if bitcoin is having stable price. We all know this fact very well that the most important thing which is helping bitcoin earn this much of fame and reputation is none other than this much significant increase in the market price of bitcoin and that too in such a short span of time. Bitcoin will lose its value at that time.
Bitcoin will not become popular than what is it right now because the volatile price is a huge advantage to all of the people in the world of bitcoin no matter if they are trader or investor they will all get benefit of the volatility so i think that bitcoin will be the same if the price of it is stable because it will become a very boring currency.

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October 31, 2017, 12:44:33 PM
 #2535

For me I dont want the bifcoin rpice become stable price or not increase or decrease. Because increasing and decreasing price is good to earn more money. And if the price increasing it will become more popular because many people share this opportunity.
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October 31, 2017, 01:30:37 PM
 #2536

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?

For me yes it is, but I think due to the fact that this is a very accessible system which will make usq profitable in short period of time I think all of the forum users will demand for the increase of its value since it will soon store a huge numbers of user in which may help to increase the value of each bitcoin.
Not only bitcoin specifically i think any crypto can never be stable for long or for lifetime. For me bitcoin is a good cryptocurrency and because of its not stable market price many investors are loving the way it is. So, if bitcoin is going to have a stable price it is not going to be popular as of today. Bitcoin's price is very stable at all but it is going to increase more in the future and I believe that it is possible. Investors are always in the hope to rise its price which is the hope for them to make money.
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October 31, 2017, 03:03:46 PM
 #2537

There is two situations if bitcoin were more stable lets say traded at 300-400 dollars maybe more merchants and big companies would already accept it as payment option, we wouldnt be with soo many big companies investing soo deeply into the mine since the reward would remain stable till last bitcoin block. The other side is the fact it being soo volatil has bringed big players inside and allowed small players to have decent profit as well change a lot lifes, merchants already accepting bitcoin, even being a few those has already started.
In my opinion, this is really a difficult thing for bitcoin to maintain its reputation if bitcoin is having stable price. We all know this fact very well that the most important thing which is helping bitcoin earn this much of fame and reputation is none other than this much significant increase in the market price of bitcoin and that too in such a short span of time. Bitcoin will lose its value at that time.
people will only consider the market are on stuck instead think it has a stable price .

also it is impossible to stabilize bitcoin at certain price due its decentralized , the price created by us , people who use bitcoin around the world , and we won't feel happy with stable price as some people make money from its volatility.

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October 31, 2017, 04:35:11 PM
 #2538

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?
For me probably no, btc becoming popular nowadays because investors expecting they will profit if they will buy bitcoin and hold it at least a month that why it is popular

That is right, without the volatility, I don't think that bitcoin will be as popular. I mean people are continuing to buy and hold this digital currency because they believe that bitcoin will be pumping it's price in the future so they are keep buying. If they knew this will not pump they will not buy, less demand, less price.
That is ideal, without the unpredictability, I don't surmise that bitcoin will be as well known. I mean individuals are proceeding to purchase and hold this advanced cash since they trust that bitcoin will draw it's cost later on so they are continue purchasing
Simple, the people have invested and bought Bitcoin knew the risk of this currency, but they believe this currency will have a good future and its value will be high after get legitimation. I also trusted the future of Bitcoin, with its nature, it can changes the world's economy system.
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October 31, 2017, 04:38:12 PM
 #2539

Even the bitcoin price is not stable, still it is not that popular, but still improving to become popular. So if the price of bitcoin wil becoming stable, i think it would become popular also, but it is depend upon the price of it. If the stable price is higher, i think it will become popular, but if not maybe it will not become popular.
Yes the popularity of the bitcoin can never get down so the bitcoin is the best thing and the bitcoin will buy the various things to be the value and the importance for the bright and the secure profit. Bitcoin is increasing in the bright future of the people even if the value is not increasing , the value of the bitcoin is increasing more and more so be the bitcoin user and wait till the price of the bitcoin will get high more and more.

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October 31, 2017, 05:02:52 PM
 #2540

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 had already established it's name because it had gone through a lot of things and issues, so I guess it would still be popular if it's price became stable.
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