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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
yvesp110
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November 30, 2017, 07:22:49 PM
 #2761

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?

honestly, I dont think so sir. Having unstable price of Bitcoin makes it interesting for me and I think by many people that is why they are holding it. If bitcoin price became stable, I believe that many users will stop working with it and it will never patronize by many people in the cryptoworld.
First of all its not possible that bitcoin can stay on one place but if it happen so then I think bitcoin will lose its value in market and I think bitcoin is connected with market trade so some time its price will be high and sometime its price will be low because bitcoin is such a currency which always want to stay on the top because bitcoin is working here day and night and bitcoin don’t want to compromise on its price so I think bitcoin price can’t stay on one place.
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November 30, 2017, 07:43:29 PM
 #2762

I don't think that btc would have been this popular if the price was stable.The btc market became famous due to its sudden growth as compared to any kinds of investment market.People normally tend to invest on something which help them increase their wealth in short period of time so is the reason the number of investors for btc is growing rapidly and its market value aswell.The market value for the btc is being so high due to the trust that was being build by the people within it.And i feel it will continue to grow.

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November 30, 2017, 08:23:02 PM
 #2763

If the bitcoin had stable price, I think bitcoin could not popular today and boring. I love bitcoin because the value is like a roller coaster ride. Many people think bitcoin as digital currency and today's the value is higher than i think before. So bitcoin made a history of this month, we hope that next month will pump more.
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November 30, 2017, 09:10:33 PM
 #2764

If the bitcoin had stable price, I think bitcoin could not popular today and boring. I love bitcoin because the value is like a roller coaster ride. Many people think bitcoin as digital currency and today's the value is higher than i think before. So bitcoin made a history of this month, we hope that next month will pump more.

Agree, if it stable then it will be boring. Market should be interesting, and volatility is one of those interesting things. High volatility makes people able to against the time variable (read : shortened the time). Stable price identically with something calm and takes too long time to raise. If the value is worth it, then it's worth it you are buying (long) time for it. But, if there is the more worth it which takes shorter time why you have to wait longer.

And about Bitcoin's popularity I thing it's because its value in the most, and not about stable price.
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November 30, 2017, 10:33:09 PM
 #2765

I think if bitcoin has a stable price chances are people will not invest on bitcoin. the same as fiat money. which has a stable price. people will leave bitcoin for no profit. I think the price of fluctuating bitcoin becomes an opportunity for bitcoin users to get a big profit. therefore people prefer bitcoin rather than fiat money because the bitcoin price is unstable.

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November 30, 2017, 10:52:00 PM
 #2766

If the bitcoin had stable price, I think bitcoin could not popular today and boring. I love bitcoin because the value is like a roller coaster ride. Many people think bitcoin as digital currency and today's the value is higher than i think before. So bitcoin made a history of this month, we hope that next month will pump more.
Yeah, it's very stressful to those who are always watching the price, after it has reach more than $11,000 now it's below $10,000
which caught up those who bought during the pump. Now, they will have to wait to break the ATH for them to sell, and if it will not happen
they might get frustrated and sell for a loss.
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November 30, 2017, 10:59:20 PM
 #2767

I think not, the thing that makes people dare to speculate is uncertainty, if the price tomorrow or next year is the same then people will not be interested in buying bitcoin, and they would rather save money to banks or other investments.
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November 30, 2017, 10:59:54 PM
 #2768

In my opinion it will decrease the popularity because we all know that the price in Bitcoin is really matter to everyone.Bitcoin gives opportunity to those people without job so maybe if it is become stable price they will still get in touch in Bitcoin
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December 01, 2017, 12:11:41 AM
 #2769

If or when bitcoin reaches a stable price in the market, without a doubt it will still be popular,
but not crazy popular that got people into a frenzy. It's the founding driving force in
cryptocurrency and whether it increases or decreases it's value, it will remain influential.
I think the popularity of bitcoin will slightly decrease because you know that most bitcoin users are traders who are very fond of fluctuations. so when prices stabilize. maybe traders will look for another more fluctuating crypto. but bitcoin will stay alive #imo
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December 01, 2017, 12:48:06 AM
 #2770

The thing that makes bitcoin difficult to develop in 3rd nations is because it isealy reliant on the web, when there is no web obviously bitcoin doesn't can be found, this is exactly what must be considered by many parties so bitcoin easier to use even with out internet.r l
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 bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. The more people who learns about Bitcoin, the more people are encouraged to actually try using, earning, bitcoin is currently on an uptrend situation now but expect there is will some downtrend soon
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December 01, 2017, 12:51:09 AM
 #2771

I think it would not popular since bitcoin is stable value no investor willing to invest because they can not able to earn on stable price it will only used for online shopping but it would not be popular

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December 01, 2017, 12:53:56 AM
 #2772

If or when bitcoin reaches a stable price in the market, without a doubt it will still be popular,
but not crazy popular that got people into a frenzy. It's the founding driving force in
cryptocurrency and whether it increases or decreases it's value, it will remain influential.
I think the popularity of bitcoin will slightly decrease because you know that most bitcoin users are traders who are very fond of fluctuations. so when prices stabilize. maybe traders will look for another more fluctuating crypto. but bitcoin will stay alive #imo

If bitcoin stabilize then we are not going anywhere, the main selling point from bitcoin is the fluctuative price so the more fluctuative it is the higher the popularity will be. I dont like the price to not be stable as well but Im doing some day trading sometimes so I could get some small profit from it as well. I can tell that it is better to be fluctuative
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December 01, 2017, 05:16:40 PM
 #2773

perhaps, if the price became more stable - more people would trust bitcoin
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December 02, 2017, 05:07:16 AM
 #2774

perhaps, if the price became more stable - more people would trust bitcoin

Even now that the price is not that stable, we can still conclude that there are a lot of people who trusted bitcoin.
I, as an investor really trust bitcoin and that is the reason why I am still holding util now, maybe there will be more to come and I am hoping my money
will significantly increase in 10 years.

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December 02, 2017, 05:21:43 AM
 #2775

If bitcoin price was stable compare to fiat i dont think it will be as popular as others online money like skrill,webmoney etc.
People joined bitcoin because its price regularly increase from time to time and has more profit compare to other form of investment.
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December 02, 2017, 07:44:41 AM
 #2776

if bitcoin had a stable price would it still be as popular i dont think so that bitcoin become popular if the price is stable because the inventor want the high price so that they become millionair
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December 02, 2017, 08:33:24 AM
 #2777

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?

honestly, I dont think so sir. Having unstable price of Bitcoin makes it interesting for me and I think by many people that is why they are holding it. If bitcoin price became stable, I believe that many users will stop working with it and it will never patronize by many people in the cryptoworld.
Yeah you are absolutely right. Biotin is the most desired way of income for all those who even know what bitcoin is. What potential is carrying with it and how can we use this potential and earnmoney? And they become successful in their goal when hard efforts and much concerned would’ve put in this regard. For traders, definitely stability is a hateful thing and they don’t want this to happen.

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December 02, 2017, 11:42:56 PM
 #2778

It would be much more popular or at least, much more used. Bitcoin is barely used to do day to day transactions like you would with regular currencies which is a shame. People treat it like an asset instead of a currency. In the future cryptos will be stable enough to spend them as currencies. That will only happen when people stop looking at them and comparing them to other currencies. When you buy coffee with euros you don't ask how much that is in dollars because you don't care about the value of euros compared to dollars. It should be the same with bitcoins or cryptos in general.
But it is useless to imagine such an scenario it is obvious that a new currency is going to be unstable especially since it is something completely different than all the other currencies of the world, instability was going to happen whether we like it or not, what we must figure out is how to protect us from the instability and people have done so by holding for the long term.
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December 03, 2017, 01:23:06 AM
 #2779

Yes,why not?
Bitcoin helps us to do many things. Working here,everyone can change his life.It is the golden opportunity to improve the current situation. It's community is rising day by day.So,if Bitcoin had a stable price,it would still be as a popular.

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December 03, 2017, 09:02:02 AM
 #2780

Yes,why not?
Bitcoin helps us to do many things. Working here,everyone can change his life.It is the golden opportunity to improve the current situation. It's community is rising day by day.So,if Bitcoin had a stable price,it would still be as a popular.
I like bitcoin going up but to see it stable is not good for me, I am a trader and I like to see the price move.
It's volatility is one of the best features of bitcoin that attract traders to move the price, if this will be gone maybe traders will be board
and bitcoin will not continue to significantly rise.

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