nightxglow
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November 04, 2017, 03:23:12 PM |
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Hmm i wonder about that. But i think no? I mean yes, bitcoin will still be popular. But not many people wanted to invest in it again, puts all of their money and efforts in bitcoin, and go crazy about the price. Honestly, for me what's attracted me from bitcoin is the unstable price of it. Many others too though, but that's the first reason why i am here.
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Genemind
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November 04, 2017, 03:33:10 PM |
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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?
That actually depends. If bitcoin has a stable high price then it will be very popular. However, when the value is low, it will not be as popular. Still, it will be known for being easy to earn online currency.
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Qartersa
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November 04, 2017, 03:40:31 PM |
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Yes, I agree with you at some point. Nonetheless, let me narrow down on it a bit more. I think, aside from the reason you posted earlier, Bitcoins are popular for the following reasons:
1) Decentralized - People can handle their own money without fear of being deprived of their assets and can solely control their cash inflow and outflow without limitations.
2) Sudden Increase, Little Decrease - This is, as what I describe it as two step forward and one step backward.
3) Not taxed - All transactions involving Bitcoins are not taxed, at least in our jurisdiction.
4) Anonymity - You would not have to fear of being bullied, traced/investigated, among others.
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andrei56
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November 04, 2017, 04:56:02 PM |
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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?
When that happens then it means that bitcoin has become accepted worldwide and by that time we will already rich and bitcoin will be popular anyway, the reason the price of bitcoin changes so much is because it is still relatively small compared to the size of the world economy so the volatility is not going to disappear.
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Himanshu111
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November 04, 2017, 05:21:24 PM |
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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 that if Bitcoin had a stable price, it would be this popular as a large number of believers of Bitcoin are day traders and the volatile nature of Bitcoin helps them to earn good amounts of profits. Stable price may help to boost it's popularity when it's acceptance has increased and almost everyone accepts it as a means of payment.
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Imfinnabeon
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November 04, 2017, 05:36:35 PM |
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Definitely not the huge ROI gains is why most people get into bitcoin in the first place. It should be for other reasons but money is what attracts majority of people and a stable price would not be as attractive.
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slavla3
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November 05, 2017, 05:02:31 AM |
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Sure , even if Bitcoin had a stable price, it would even now be well-liked currency , since simply it is obtaining extremely massive community supporting it, and it is increasing up every day.
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Mr.john
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November 05, 2017, 05:27:38 AM |
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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, it's true people are willing to enter the cryptocurrency world, and for them they are hoping a high price and to get a lots of profit when they were earnings, For example in bitcoin, if the price was so high and it is stable for a long time most of people are become willing about it specially to all bitcoiners and by the stable of high price, I'm sure bitcoin will become popular among all of the other cryptocurrency. In additoin, if the price of bitcoin was stable continuously, i believing that there are so many people are invest thier money, and they grab the opportunities. And finally, bitcoin will become popular because of it's stable price and people are taking it because of money. So it is better that bitcoin was have a stable price.
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coin royal
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November 05, 2017, 05:43:55 AM |
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Sure , even if Bitcoin had a stable price, it would even now be well-liked currency , since simply it is obtaining extremely massive community supporting it, and it is increasing up every day.
no i think it will not be popular as now because a lot of people are started investment because they realized that how much the price of bitcoin increases and continuesly increasing, and if the price of bitcoin become stable than 50% people will start leaving it and the remaining people will not because their life is connected to bitcoin thats why.
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hahay
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November 05, 2017, 06:02:51 AM |
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Stable or not its bitcoin price, bitcoin will continue to be popular and its users will continue to grow. Why bitcoin will not lose its users? It's simple, all bitcoin users are now feeling a very good benefit for their lives especially in financial terms, it proves bitcoin already in the hearts of every user now and will not be abandoned, I'm sure of it.
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Aventhe
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November 05, 2017, 06:07:16 AM |
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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 that Bitcoins would be as popular since the whole idea behind the bitcoin trade is the fluctuating prices. If investors didn't see their bitcoin value grow, why would they even bother investing in the first place?
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jamids
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November 05, 2017, 07:51:11 AM |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I don't think that Bitcoins would be as popular since the whole idea behind the bitcoin trade is the fluctuating prices. If investors didn't see their bitcoin value grow, why would they even bother investing in the first place? I agree with this one. One of the reasons I believe it is attracting attention of many traders and investors because of its fluctuating prices wherein price would jump to as much as 10x in just a year that no other investment choices could par with that is legal because if it is HYIP then it would be higher than 10x. If it is moving in such a slow rate like the stock price of some companies then it would not attract such attention as it is now. As for the traders, there is a lot of opportunity to enter a position and because it is decentralize, there are many arbitrage opportunities in between exchanges.
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Inpainsincethen
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November 05, 2017, 07:17:01 PM |
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Bitcoin was originally adopted through the individuals not because of its worth but due to its ease to make use of around the heavy web without giving your identification.Thus it doesn't matter when the price becomes set because individuals continuously use it simply because they would nevertheless be able to industry anonymously.
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BiteGlory
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November 05, 2017, 07:57:03 PM |
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Indeed, Bitcoin would still be popular, no more have to worry about some arbitrary pump-get rid of team and achieving to worry about when to leap into Bitcoin.
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O$IRIS
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November 05, 2017, 08:01:50 PM |
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BTCitcoin is viewed by many as speculative asset - without the rapid swings up & down - majority of traders would go to another more volatile token. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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mikeprimia
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November 05, 2017, 08:38:30 PM |
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I don't think Bitcoin will have a stable price, if there was a stable price for Bitcoin so Bitcoin will lose the potiental that give Bitcoin the advantages than other currencies.
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xBitHodler
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November 05, 2017, 08:41:27 PM |
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Less than $1 is definitely not enough and people would quickly lose interest. I would say that $10000 would be the best option. Bitcoin is probably popular right now because people think that they will be able to make a fortune thanks to it. It's still possible but it requires a lot of effort and trading if you don't invest a lot. Bitcoin value won't be stable for a long time.
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spinach98
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November 05, 2017, 10:16:00 PM |
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If bitcoin price is stable it will still be popular if the price is in a high or big value like the value of bitcoin today.It will always be popular but if the price will drop there will be a possibility that bitcoin will no longer be popular.
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btcprospecter
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November 05, 2017, 10:24:48 PM |
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If the price was stable it would be more viable to be used more of a day to day currency rather than something to invest and hold. It would still be popular as it has been proven to be the best.
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ghost07
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November 05, 2017, 10:44:25 PM |
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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 it would be so popular when the price is stable in the future they will buy more bitcoin because they are sure that their money will also stable.
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