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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
Bitcoinislife09
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November 07, 2017, 09:33:06 AM
 #2601

Bitcoin would be more popular if its price is stable and high. Some people are not into using bitcoins because of its volatility and because of its price before. I don't know if some people prefer to use it nowadays because bitcoin's price is getting bigger than expected. Actually, for me, it is better to have bitcoin as a volatile currency because you do not know when it will be bigger than it is today.
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November 07, 2017, 09:59:27 AM
 #2602

In my opinion,yes of course because now bitcoin already has a better user base and very strong,of course bitcoin even with stable prices but in my opinion bitcoin will remain popular.
With a stable price alone,bitcoin is very popular especially if the price will continue to rise I think bitcoin will become the most favorite digital currency in the world.

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November 07, 2017, 10:07:01 AM
 #2603

Bitcoin will hardly have a stable price (I am sure it will grow further). However, even if it happens, people will still go on dealing with this cryptocurrency.
Tax-free operations that are not totally controlled attract everywhere, and BTC gives the opportunity for this.
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November 07, 2017, 10:22:46 AM
 #2604

Some day bitcoin price will be more stable and less volatile. Most users are interested in bitcoin just because of pumps and dumps which help them make profit.
The regular user want a currency he can trust, he dont want to use a crypto that can loose its value overnight with no reoson.
The stability of bitcoin value will encourage more people to join the crypto world even merchant wll accept bitcoin as any other regular money since they will now what its price will be.

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November 07, 2017, 10:25:42 AM
 #2605

No it would not be popular because it will stay stable people will not make any profit out of it and then no one will invest in it people only invest if they see they can make big profit out of it that is why it would not be popular.
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November 07, 2017, 10:47:45 AM
 #2606

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 that would affect bitcoins popularity in a negative matter in a very huge state, most people are very attracted to bitcoin because of its volatility, which is a very huge advantage for crypto traders. But surely, there are people who will still go for bitcoin even if its price is more stable now especially that its price is very high.

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November 07, 2017, 10:48:50 AM
 #2607

Some day bitcoin price will be more stable and less volatile. Most users are interested in bitcoin just because of pumps and dumps which help them make profit.
The regular user want a currency he can trust, he dont want to use a crypto that can loose its value overnight with no reoson.
The stability of bitcoin value will encourage more people to join the crypto world even merchant wll accept bitcoin as any other regular money since they will now what its price will be.
that's what bitcoin offers and its been so popular nowadays since its been proven that for newcomers who just believe and invest wait for some months and see the results, it been like this for the years that bitcoin exist so regarding to this topic maybe chances that bitcoin wont be that much popular anymore if its already reached the peaked and become steady.

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November 07, 2017, 10:49:41 AM
 #2608

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.
First thing is there is no possibility for bitcoin price that it can be stable on one place and secondly bitcoin is related with market trade and its price is related with trade also so it’s out of question that bitcoin price can be stay on one place because day by day bitcoin is going to improve his trade with world and it’s going to progress every day.
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November 07, 2017, 10:54:33 AM
 #2609

If bitcoin has a stable price it would be popular, because some people wants to hide their data. So they just use bitcoin in order to hide themselfs from someone like the government.

Hackers are also using it they will still use it when bitcoin has a stable price. Hackers need to store their money safe so bitcoin is a good option.
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November 07, 2017, 10:55:49 AM
 #2610

You got the people that are interested for it's technology and people who are mainly here for the fluctuations in price, investors.
I think the group of people that are using it for the technology is smaller than the group of investors.
Also tech people that have blockchain technology as work wouldn't be able to do it full time if it wasn't as popular as it is now.
So I think you can say that a lot of Bitcoins attention is due to it's extreme price fluctuation, it wouldn't be so popular if it didn't had that.
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November 07, 2017, 06:48:42 PM
 #2611

to be bitcoin will become a lot more well-liked if its price tag turn out to be far more secure, as folks will get confidence on bitcoin and they will start using bitcoin in their daily existence, folks will use bitcoin for sending technique retailers will also use bitcoin for trading ans bitcoin will turn into much more and a lot more common.
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November 07, 2017, 07:53:23 PM
 #2612

You got the people that are interested for it's technology and people who are mainly here for the fluctuations in price, investors.
I think the group of people that are using it for the technology is smaller than the group of investors.
Also tech people that have blockchain technology as work wouldn't be able to do it full time if it wasn't as popular as it is now.
So I think you can say that a lot of Bitcoins attention is due to it's extreme price fluctuation, it wouldn't be so popular if it didn't had that.

In fact, Bitcoin is probably one of only a handful of cryptocurrencies with a significant portion of its users interested in its technology and ideal. Before 2012 at least, probably the majority of them were simply working and experimenting with Bitcoin for that sole purpose. And they'll always be the ones using it, at whatever price. The fact that so many developers have left the scene without accumulating much is evidence of this, to me at least. If indeed the "bubble" bursts and it all comes crashing down, I'm sure the same ones plugging away at it in the beginning will be the ones still discussing and developing right here.

I know it's a slight disservice to developers of other projects and alts, but even the best and most respected developers on alt projects must have some financial motivation. It was Bitcoin's rise to fame and promise of future wealth that led to the boom in alts this year.

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November 07, 2017, 08:08:19 PM
 #2613

in terms of having bitcoin through mine will be a good source of income but if bitcoin is not volatile, well i guess it cant be as popular as now , bitcoin have been a talk for all over the world bcause of the massive rise of its value !
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November 07, 2017, 09:17:52 PM
 #2614

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 won't be as much as popular than it is now. Volatility is a risk in any form of investment but in the case of bitcoin, it turns out to be an advantage since its users and investors are making money out of it such that buying when the price is falling and selling when its price is rising. And if it will be less volatile, profit won't be that much big as it is,now.

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November 07, 2017, 09:20:28 PM
 #2615

If Bitcoin will have a stable price then it will be popular indeed.
Because to maintain some stability it will need a market cap of 1 trillion dollars or more.
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November 08, 2017, 02:26:32 AM
 #2616

In the near future the popularity of bitcoin will be determined not by speculation at the exchanges but the main benefits of cryptocurrency before other traditional currencies. At the moment the bitcoin is generally used as means of fast enrichment because of the mad growth of cost in the market. The cost of bitcoin is stabilized with the advent of infrastructure and when in the market of cryptocurrency there are traditional large players and when the bitcoin is used fully as means of payment. Therefore, I think, there is direct link between popularity, widespread introduction of bitcoin and stability of the market of cryptocurrency
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November 08, 2017, 04:23:33 AM
 #2617

the price of bitcoin is going to be altered when there is a bigger amount of money I just need to get along with the increase of the price for big income so it will be thicker when it is always good
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November 08, 2017, 04:43:16 AM
 #2618

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.
First think about bitcoin is that it’s a digital currency and its related with market trade so his price can be change from low to high and from high to low so it’s totally out of question that bitcoin price can stay on one place so we need to see the positive aspects of bitcoin not negative things so bitcoin will still remain with high price.

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November 08, 2017, 04:45:12 AM
 #2619

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?
Well, I think yes. It will still be popular even it gets a stable price, but not as popular as now. Because many people are being attracted with bitcoin due to its exciting experience, the thrill is you do not whether to rise or fall the value of bitcoin. It is very challengable and rosk takers would love it. But if it happens to have a stable price, maybe risk takers will decrease its population. But I know that more people will still stick into it, cause bitcoin helps them a lot.

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November 08, 2017, 11:33:48 AM
 #2620

when bitcoin have such stable prices, it could be legalized by any country to make it tradeable/ exchangeable for payment tool. because it is convenient to have stable prices if bitcoin want to be legalized. that's what i thought of  Smiley
First thing that bitcoin price can’t be stable on one place because it’s a digital currency and its related with market trade so bitcoin price can go high and low any time bust as we know that bitcoin is now of the stable and strong currency in market so there is no doubt that in future bitcoin will be with high price and also it will be stable.
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