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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
sircookieman
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December 04, 2017, 05:29:14 AM
 #2801

Worst feature for Bitcoin, because people are getting rich due to the volatility of Bitcoin, now it's stable then no more profit for you.
RaymanC.
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December 04, 2017, 06:33:13 AM
 #2802


I think yes and I also expect it to have a stable price or its price fluctuations are no or little and hence it can do more as a substitute for gold and dola becomes The main payment method in the world and using bitcoin will not cost you any money to convert but will only cost you when transacting from one wallet to another.
syamster
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December 04, 2017, 05:31:14 PM
 #2803

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.
First of all it's not possible that bitcoin price can stay on one place because bitcoin is related with market trade so some time its price will be high and sometime low so no need to worry about anything because its normal and it can happen any time because bitcoin never stay on one place it change its price fast from low to high very fast and there is no doubt that bitcoin always want to be on the top of all currencies that why every country is trying to accept bitcoin.

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iePlay NoweiI
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December 04, 2017, 06:23:28 PM
 #2804

Bitcoin has such a price because it?s so popular... not the other way around..
I first heard of Bitcoin when it was at $40, so in that sense it was popular still at that time
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December 04, 2017, 06:48:56 PM
 #2805

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.
The most important actor which is contributing the most in making bitcoin this much popular amongst the people living all over the world is none other than such a drastic increase in the market value of bitcoin. People are investing in because of its volatile nature as it is actually helping them in having huge profit. In case, bitcoin stuck at some value and have stable price, this will greatly affect the demand as well as popularity of bitcoin.

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December 04, 2017, 07:03:22 PM
 #2806

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?

Of course. It will make bitcoin even more popular and become the place for everyone to invest. If bitcoin has a stable price then the risk is less to invest in bitcoin. Currently bitcoin is quite popular even though the price is not stable.
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December 04, 2017, 07:48:37 PM
 #2807

Worst feature for Bitcoin, because people are getting rich due to the volatility of Bitcoin, now it's stable then no more profit for you.
And for me noone will talk about it and popularization of bitcoin will be as low as in 2010/2011 so it will be just "currency" for some.
Bohxz M4p4gm4h4l25
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December 04, 2017, 08:37:30 PM
 #2808

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?
Possibly yes especially for those who are really in need of a source for their income that are making a hard time to find a stable job to provide income to sustain their daily life needs. It will also be dependable if the price will be on high price when it got stable because if so, people will still get in touch getting engage into bitcoin making it popular.
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December 04, 2017, 09:11:40 PM
 #2809

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 for me no bitcoins will not be popular as they are today if their price or value is not volatile if it is just a stable price. Because there is no reason why people will choose it instead they will stick only into the usual currency the fiat. And bitcoins will just be using underground and not in the mainstream because bitcoins are decentralized and maybe only businessmen will used it and those who are rich and some illegal activities though because bitcoins do not going to the government so bad people will took advantage
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December 04, 2017, 09:17:40 PM
 #2810

If there would be price for 1 bitcoin 0.01$-0.10$ no one would almost using bitcoins, because there is no sense for big players. People using bitcoins because of the fact that course is very big, because people can earn decent money, people dont want spend time for couple dollars. If bitcoins were produced very easily and without investments, then maybe there would be great demand.
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December 04, 2017, 10:31:03 PM
 #2811

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 which could only be $0.01 or 0.10 in a bitcoin, I think bitcoin can't be popular anytime because everyone can't attract in low amount in value. But if you want to get some income and you don't have own works you are free to join in the bitcointalk in a long period of time. It's possible to get profitable if you hold and save your bitcoin while you are working and get some payments from bitcoin. Also it's good for the future if you hold it in a long time. We would join in bitcoin because we need money in daily lives and to our everyday expenses. Everyone can pay an attention in bitcoin to get the higher payments, to make more profits and solve the financial problems.

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December 04, 2017, 10:31:36 PM
 #2812

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?

It wont be bitcoin at all, because the way is it mined it would not ever has an stable price.
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December 04, 2017, 10:43:24 PM
 #2813

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?

Of course yes because bitcoin was a successful cryptocurrecnsy than others so that even thou the value was be in stable i think bitcoin was still popular to everyone but i doubt that bitcoin value was going to stable because the currency or the economy was not a stable because of the flactuation so that no one can stop the rising of the value of bitcoin.
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December 04, 2017, 11:17:12 PM
 #2814

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?

First of all i never think that bitcoin value was be in stable because if you observed how it rising or increasing the value as of now the value of bitcoin was $11500 so it never be in stable and in case that you are right bitcoin was be in stable value yes bitcoin was still popular and still number one than other cryptocurrency.
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December 05, 2017, 01:39:06 AM
 #2815

because of its impressive spike of its price, it becomes popular. People become interested to it. If its price is stable it will still be popular but not the way it did nowaday.
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December 05, 2017, 01:43:03 AM
 #2816

Bitcoin is popular because of it's price that is fluctuating all day long, if bitcoin was at stable price from 2011, Bitcoin isn't popular as now.
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December 05, 2017, 02:06:12 AM
 #2817

Maybe better. Because so far weakness of bitcoin one of them is unstable price exactly if stable price will make bitcoin slightly more perfect because its weakness can be repaired. Only if only if the bitcoin price is stable then the profit of trading and investment will decrease. Because price changes are not so meaningful.
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December 05, 2017, 02:11:56 AM
 #2818

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 guess so. I think that in the long run, bitcoin price will reach stability in value. The thing is it will still be used because it is a mode of payment for a lot of services rendered theough internet.
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December 05, 2017, 05:02:52 AM
 #2819

This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.


that's true, lots of people get attracted in joining bitcoin because of the good opportunity if we talk about bitcoin price. that's why some celebrities even billionaires are investing of bitcoin because they know that they can get huge amount of profit in return. their are also some countries that bitcoin is already acknowledging by their government. I guess if bitcoin have stable price, i think this could not affect totally the popularity of bitcoin, specially now that bitcoin price is so high. maybe if their going to set a price of bitcoin, i think it would not the same as what bitcoin price 8 years ago.
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December 05, 2017, 05:27:45 AM
 #2820

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?

Yes, it will be popular and used. Bitcoin became popular because of its anonymity and being decentralized. That is why it was popularly used in Dark market because government can't track their identity. Even prices became stable, I guess people will still enjoy using Bitcoin. We all want a private life. Having a private life means no one can see where you want to spend your money.
No it will happen just in dreams that the costs of bitcoins will be steady in light of the fact that, in actuality, the costs of bitcoins are going ever more elevated quickly and it will likewise occur later on that its costs will go higher quickly so it will be a prominent cryptographic money and will known by Evey individual on the planet.
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