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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
Saveplus
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December 03, 2017, 10:33:50 AM
 #2781

I think its not good that price of bitcoin became stable for a long time we earn a lot of profit because of its flactuating price increasing and decreasing and even though its falling down sooner or later it will coming back to it increases again.It can be useless to the investors if the price must be stable.
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December 03, 2017, 10:52:32 AM
 #2782

Nah not really. All that matters is the current price and what it is going to be worth tomorrow and nothing more. Consider 10 years ago if Bitcoin was fixed at $1 we wouldn't have been here to witness the $10k milestone so the varying price seems to go in tandem with Bitcoin's popularity.
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December 03, 2017, 11:59:51 AM
 #2783

If Bitcoin price remains stable, then I think it might be popular in the future. Because the prices are seen in stock markets in situation of rise and fall.Then many people lost their believe and they stopped investing.In that situation, if the Bitcoin price is stable then it will be better for investors.But in many cases people want to benefit. Popularity in this situation can be reduce.

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December 03, 2017, 12:03:36 PM
 #2784

No, if Bitcoin had a stable price, it wouldn't still popular and famous like its actual statut. Because most investors trade Bitcoin hoping that its price will go up highly in the future so they make good earning. Stable price kill this hope and dont motivate such investors to buy more BTC.
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December 03, 2017, 01:18:03 PM
 #2785

No, if Bitcoin had a stable price, it wouldn't still popular and famous like its actual statut. Because most investors trade Bitcoin hoping that its price will go up highly in the future so they make good earning. Stable price kill this hope and dont motivate such investors to buy more BTC.
- Exactly, if the price of bitcoin is stable, investors and traders will not be able to earn money from bitcoin because at that time, bitcoin was not so volatile, the value seemed stable and of course, when the value is not much change, we have no way to earn money, we can just abandon it and seek new investment, bitcoin will no longer be popular. And I think, now, bitcoin is an ideal investment and not controlled by the government, traders and investors will be very easy to manipulate the price of bitcoin, want the price of Bitcoin becomes stable is a very unrealistic story, whales will not allow that to happen.


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supermam
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December 03, 2017, 02:28:17 PM
 #2786

Yes why not bitcoin will still be popular even it's price is stable  because of it's forum and people will keep on joining just because bitcoin helps them a lot financially.
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December 03, 2017, 06:47:38 PM
 #2787

if bitcoin have stable price that mean someone control on it.

when price stable bitcoin will be supported for online sites 
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December 03, 2017, 08:05:59 PM
 #2788

During this time bitcoin is still considered to have stable price since in our currency it is equivalent to 50k php to 55k php. It is only currently when bitcoin price has been continuously changinf and fluctuating which I think the reason why it become more popular. It's drastic increases and decreases encourage some netizens to join hoping that they would also earn big like what most of us here had been.
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December 03, 2017, 08:12:42 PM
 #2789

No doubt the main reason for Bitcoin's popularity is it's volatile nature due to which price is sometimes very high and sometimes it is low. But I think if bitcoin had a stable price then also it would have been popular. Bitcoin's price is responsible for it's popularity but there are also many other features such as it provides cheap and fast anonymous transactions within and outside the country,it provides a way of income ,it is decentralized,it provides security etc that make it more popular than other currencies.We can say it would have been little less popular than it is now but definitely popular than other crypto currencies .
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December 03, 2017, 08:13:23 PM
 #2790

For me yes only if bitcoin was a currency that could be use everywhere cause that only would make it popular, cause nowadays trading and still growing price make people to interest about crypto.

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December 03, 2017, 08:18:44 PM
 #2791

It won't cause it made his popularity when it offered possibilities to earn for people if it won't made this pumps and downs it won't be as much supproters as it is now.
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December 03, 2017, 10:31:42 PM
 #2792

Bitcoin will going to more popular than ever, and I'm thinking if bitcoin had stable price, maybe that is not a good thing about bitcoin. People tend to come to bitcoin, because they know that there's a fluctuation of price and that's really one of the nice thing about it.
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December 03, 2017, 10:57:29 PM
 #2793

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 thinknyes they will still be popular but mot as popular as today because they are just making noise in the mainstream because of the unexpectable and unbelievable value of bitcoins in the market. But if their proce is stable just like our real currency maybe only businessmen are going to use it because it is decentralized and no third parties so businessmen are the one who will benifits in that. They will be recognized because of high innovation of currency but normal people will not going to be interested in them because no benefits for them at all.
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December 03, 2017, 11:01:57 PM
 #2794

I think no, because Bitcoin is popular because it can make people rich in less time as compared to other things like gold and stock market. If its price will be stable users will not be attracted.

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December 03, 2017, 11:10:45 PM
 #2795

I think no, because Bitcoin is popular because it can make people rich in less time as compared to other things like gold and stock market. If its price will be stable users will not be attracted.

It wouldn't have been popular at all, look at  a lot of shitcoins with almost negligible value which are stable and noncompetitive on the market, who knows or cares about those shitcoins? They are as good as dead.
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December 04, 2017, 04:45:59 AM
 #2796

I believe that stability comes hand in hand with the amount of trust people would put into a currency. The more it is trusted, the more people will use it. Because in the minds of ordinary consumers, stability is what matters most.
whether or not stable bitcoin has no effect on reducing bitcoin and bitcoin users will remain popular, as I believe that bitcoin stability will determine which numbers will remain valuable or remain high. because working and joining in bitcoin is simple and besides we will get a lot of experience and good knowledge from bitcoin .. and for me bitcoin besides profitable and very fun so for me it's no problem and will keep pupeler though stable.  Wink
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December 04, 2017, 04:55:16 AM
 #2797

I think no, because Bitcoin is popular because it can make people rich in less time as compared to other things like gold and stock market. If its price will be stable users will not be attracted.

Its volatility in the prices has made the more news in recent years. This has actually help the people who stayed invested from long time to earn a fortune. Since nobody else can provide such returns in financial market people have got attracted to bitcoin and everybody wants to have a pie of it. If it would have being stable people would not have taken that keen interest as now.

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December 04, 2017, 05:00:52 AM
 #2798

 Well, it is hard to say for sure, but we all know that bitcoin is getting popular day by day. Of course this is happening because of its high growth recently, all the news is talking about it.  General public will be diving into bitcoins  more and more. That means they will buy bitcoin and the marketcap will continue to grow which directly affects bitcoin's price. Those high fluctuations attracts many traders who use bitcoin because of these fluctuations and earn money on them
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December 04, 2017, 05:04:39 AM
 #2799

It won't cause it made his popularity when it offered possibilities to earn for people if it won't made this pumps and downs it won't be as much supproters as it is now.
Bitcoin is not stable by nature, the price could pump and dump and we have to live with that reality.
If you are a trader, you understand that very well because you love the price movement as you can get in and get out if you know the right timing.

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December 04, 2017, 05:17:13 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?
the development of bitcoin at this time is very good, bitcoin shows a very significant development and the price is very good and stable, I think with the current price stability bitcoin will remain popular among users and investors bitcoin because bitcoin itself has become a reference for the other digital currency developers to create and develop various types of digital currency.

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