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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
ASICHEAD
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October 31, 2017, 05:14:41 PM
 #2541

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.
Unlike Gold, Bitcoin can not be the jewelry for beauty, therefore, if the best interesting point of Bitcoin disappear, I think its value will fall. No demand, no investor helps the price of Bitcoin increases. Of course, if someone still uses Bitcoin for online payment, I think it still has good value, but it will not high as the current price.

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October 31, 2017, 05:15:32 PM
 #2542

When bitcoin had a stable price then from my point of view yes bitcoin would still be as popular as on todays time because bitcoin is a first virtual currency and i think this is enough to make bitcoin popular. Where on other side bitcoin is very expensive and this is the second reason why people are taking interest on it.

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October 31, 2017, 05:24:25 PM
 #2543

No it would not because it is very hard to understand that bitcoin cannot be stable and also the fact that people would not invest in bitcoin if it had a stable price and it would be unknown it would be something like water you pay the same price for it every month.
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October 31, 2017, 05:28:53 PM
 #2544

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.
Unlike Gold, Bitcoin can not be the jewelry for beauty, therefore, if the best interesting point of Bitcoin disappear, I think its value will fall. No demand, no investor helps the price of Bitcoin increases. Of course, if someone still uses Bitcoin for online payment, I think it still has good value, but it will not high as the current price.

What are you talking?? Bitcoin may not be a Jewelry for beauty, with the profit from bitcoin itself you can brought any quantity of jewellery to wear.After the Philippines accept the bitcoin. Many new investors start to inverse in bitcoin now. Since the price raising for long periods, it will attain stable value soon.



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October 31, 2017, 08:12:39 PM
 #2545

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 yes, although the amount of investor would not be as many as today the stability will still prove as a good market value for trading and currency. Which I think will also lead to what bitcoin is today anyway bitcoin's value is not the reason why it has taken the spotlight in todays market and investment options but the main reason is the block chain, its security features and being decentralized.

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November 01, 2017, 04:43:08 AM
 #2546

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.
Well first of all its not possible for bitcoin to stay remain on one place because bitcoin is going to accepted by countries and still other countries are trying to accept bitcoin and some them are trying to make it legal in their countries so bitcoin is related with market trade and there is no chance of it that price can remain on one position.
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November 01, 2017, 04:45:59 AM
 #2547

Yes it would definately be popular

pherphaps even more popular as we could focus more on the underlying blockchain technology and less on the volatility of the price

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November 01, 2017, 05:27:10 AM
 #2548

Yes, if bitcoin had a stable price, it would still be as popular as it's today now. People would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.
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November 01, 2017, 05:58:36 AM
 #2549

Yes, if bitcoin had a stable price, it would still be as popular as it's today now. People would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.
Yes! I agree to you. The reason why the bitcoin is so popular today is because it has a stable price. Many people are now entering the cryptocurrency world because of the bitcoin.

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November 01, 2017, 06:33:33 AM
 #2550

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?
In my case , i guess no... bitcoin won't popular, depends upon the trend of environment, Im using bitcoins because of money. First and foremost, if bitcoins won't fluctuate, How do we earn money in bitcoins... Most of the users in bitcoins are trader's with different types of coins. It could be one factor of indulging btc..and money comes easier if you have skills to pump and dump alt coins..
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November 01, 2017, 07:46:50 AM
 #2551

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, if bitcoin has a stable price then people can not benefit from bitcoin because they will buy when prices go down and sell when the price is high, if the price is stable how will they benefit? if that happens maybe bitcoin will not become popular anymore
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November 01, 2017, 09:22:34 AM
 #2552

Yes, if bitcoin had a stable price, it would still be as popular as it's today now. People would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.
Yes! I agree to you. The reason why the bitcoin is so popular today is because it has a stable price. Many people are now entering the cryptocurrency world because of the bitcoin.
Actually people are entering the cryptocurrency world because of the price of bitcoin that  keep increase, so they see that they can get profit by earning bitcoin and altcoin. But yes, bitcoin will be still popular because the merchant will not afraid to adopt bitcoin anymore.
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November 01, 2017, 10:25:53 AM
 #2553

I think not, if bitcoin price is stable then market cap is very small because people do not want to deposit, other than that people are more interested to use payment processor that already exists is paypal.

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November 01, 2017, 10:38:35 AM
 #2554

Yes, if bitcoin had a stable price, it would still be as popular as it's today now. People would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.
Yes! I agree to you. The reason why the bitcoin is so popular today is because it has a stable price. Many people are now entering the cryptocurrency world because of the bitcoin.
Actually people are entering the cryptocurrency world because of the price of bitcoin that  keep increase, so they see that they can get profit by earning bitcoin and altcoin. But yes, bitcoin will be still popular because the merchant will not afraid to adopt bitcoin anymore.
Yes, people are getting into bitcoin due to the increased pricing. Price keeps on increasing with bitcoin, but the same has got risks associated with it. To overcome the risk in it people need to learn and update themselves with the market changes. On the whole bitcoin has gained lot importance due to the different earning opportunities available.

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November 01, 2017, 10:44:19 AM
 #2555

I think not, if bitcoin price is stable then market cap is very small because people do not want to deposit, other than that people are more interested to use payment processor that already exists is paypal.
What makes bitcoin very interesting is its volatile price, it might fluctuate but in general we can expect the value will grow over time.
Just like what we are seeing in the past months, the price has significantly rise and there's plenty of good news that will make it strong despite of the FUDs.

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Bakukang
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November 02, 2017, 02:07:54 AM
 #2556

Yes people will still be on bitcoin even if it has stable price.It will be like dollar that has a stable value.Bitcoin also has increase and decrease of value but still have good value.

TheGreatPython
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November 02, 2017, 06:12:40 AM
 #2557

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.
Everyone has his own opinion but I have a different one. I think it will be very much difficult for bitcoin to maintain its reputation and that too at the time when there will be no increase in the market value of bitcoin. The main reason which has helped bitcoin in making this much of name in the world is none other than the tremendous increase in the market value of bitcoin. Bitcoin needs to have its volatile nature.

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tbterryboy
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November 02, 2017, 08:15:25 AM
 #2558

Yes it would definately be popular

pherphaps even more popular as we could focus more on the underlying blockchain technology and less on the volatility of the price
I don’t think so that it will be possible for bitcoin to maintain its fame and popularity once it will have a very stable market price. It is because of the fact that the only thing which is grabbing the attention of the investors in the significant increase in the market price of bitcoin.

If bitcoin will have a stable market price, then it will lose its importance like that of gold and people will look for some other investment.

websoftwareengineer
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November 02, 2017, 08:22:53 AM
 #2559

Yes it would definately be popular

pherphaps even more popular as we could focus more on the underlying blockchain technology and less on the volatility of the price

Bitcoin is popular because of its value that is consistently increasing. There are always risk in life and if you want to pursue the path of trader but without hardship there is no success so its normal to fail sometimes.

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fasdorcas
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November 04, 2017, 03:13:33 PM
 #2560

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.
Certainly not all wants that but if we really look at the majority of those who do, they are far more. I understand perfectly why that sometimes, and the way it is now, it is just not good for business. I imagine selling an item for $6000 and then it drops down to $5700 and then I will have to wait to hope for the increase. The important thing is you will always have it both ways.

Sometimes, there is always profit and sometimes just loss as it is, but there are options to sell immediately so if you want to then hold for long as a business man, the choice is yours.
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