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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
andrei56
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December 08, 2017, 01:56:38 AM
 #2861

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.
The US and the Euro pair is the most traded in forex, despite the fact there is very little movement traders use leverage in order to increase their profits, so you are mistaken, even if bitcoin was not as volatile, bitcoin will still be popular as an investment and as a trading instrument.
melongrass1
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December 08, 2017, 02:07:05 AM
 #2862

For bitcoin to have a stable price demand would have to be stable also which is a long shot. If it were stable it would probably lose popularity, it would lose all of the speculators and investors and instead gain people to use it for its use cases like payments etc.
Emem29
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December 08, 2017, 11:17:16 AM
 #2863

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 has a stable price around 25000$ it will become more popular but if the price has fall down to less than 2000$ i think everybody will try to look for another coin who have big potential to grow. So it will be really difficult for bitcoin to maintain its reputation.
Isaacck1
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December 08, 2017, 12:18:48 PM
 #2864

I think a reason why bitcoin is so popular nowadays is its volatility and fluctuation. If bitcoin would have a stable price, people would start to think of it as different compare to the bitcoin now. They may use it for payment method or for buying. But it will lose popularity because many will change into a new currency that has more potential for trading and holding.
HalfDeck
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December 10, 2017, 09:13:15 PM
 #2865

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.
The US and the Euro pair is the most traded in forex, despite the fact there is very little movement traders use leverage in order to increase their profits, so you are mistaken, even if bitcoin was not as volatile, bitcoin will still be popular as an investment and as a trading instrument.
For cryptocurrency, the traders can use margin trading easily with high risk. This market always has fluctuation stronger than other markets as our knowledge, experience. 100% or 200% changes per day is possible for this market, even the top coin in coinmarketcap can still does that.
gantez
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December 10, 2017, 10:12:05 PM
 #2866

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 were to be stable in price , I still don't see why it won't be popular. Bitcoin is known to different environment already and people are investing on it heavily.
Zooplus
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December 11, 2017, 01:23:54 AM
 #2867

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 were to be stable in price , I still don't see why it won't be popular. Bitcoin is known to different environment already and people are investing on it heavily.

It's not the price I think, personally I don't long for a stable price as I know it will not happen.
Bitcoin has been existing for years and we haven't seen a stable price, and now that it's growing then maybe the more we cannot expect a stable price.
Jessy Mediola
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December 11, 2017, 02:00:09 AM
 #2868

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 stability of value doesn't affect the number of people who do BTC.  BTC is not only about investing just to earn money. You can do other way alternative for that such as joining in forums, campaigns and etc. From it you can have your own income. And in addition, it would still be popular since btc is so easy to use and as well as it is easy to join.

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lilinatation
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December 11, 2017, 02:07:03 AM
 #2869

Yes i think because more and more people will know it And more people will enter easier.
leonora galvan
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December 12, 2017, 07:21:43 AM
 #2870

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 of course btc is still be popular,especially to those people like me i know that the price of btc will become higher. we have to wait for it. if you are working with btc you have to wait for the good price then thats the time we can sell it.
diegz
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December 12, 2017, 09:05:57 AM
 #2871

yes of course btc is still be popular,especially to those people like me i know that the price of btc will become higher. we have to wait for it. if you are working with btc you have to wait for the good price then thats the time we can sell it.

If you are working solely in signature campaign, I doubt it that you will like low price when it happen, probably everyone will be spamming this place for them to earn atleast a dust just like a year before, when the price of bitcoin is lower than $500.

I would agree that it will be popular even if it has a lower value, just take a look at the altcoins, they don't have a high price but people keep on trading them, for profit.

btcprospecter
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December 12, 2017, 09:49:21 AM
 #2872

If price was stable bitcoin could truly be used as a currency personally I would not want to buy something with bitcoin for the next week what I spent in bitcoin to be valued twice as much.

Bowly88
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December 12, 2017, 09:58:45 AM
 #2873

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 bitcoins will still be popularize but not as bigbas this because even uf you are non investor but you have the money to buy bitcoins you are buying it because you know that the value of that will rises. And besides the people are just attracted to bitcoins just before of that the bitcoins became a popular investment even if they do not know that this was not make for an investment it is for business money for me a business monetary unit because all those fund that is being transacted was fee less.
Sophia29
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December 12, 2017, 10:34:26 AM
 #2874

I think no because their is no excitement in the price and as a trader it is not good to see but all price will go stable for a good in some trader also so it depends upon traders trading type
WannaCry
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December 12, 2017, 11:25:10 AM
 #2875

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 really don't think so. What people like about bitcoin best is the fact that they are able to utilize it's volatility as an investment, whereby they are able to earn a lot of money. So, when bitcoin's price becomes stable then people will tend to look for a different coin that is also as volatile as bitcoin right now.
jam22
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December 12, 2017, 11:40:59 AM
 #2876

I think it will not be popular cause it have been advertised to our country that bitcoin reaches into $17000.

Poppy5555
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December 12, 2017, 11:51:54 AM
 #2877

bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...

We know that Higher the risk, higher is the return. Bitcoin’s price is not stable and it fluctuates within minutes so more people tend to invest in it to score more profit. But if it had a stable price, it was not meant to be that popular as it is now. Stable prices suggest that you’ll get the fixed amount of profit which is not interesting... 😊
Willeampere
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December 12, 2017, 11:54:30 AM
 #2878

If Bitcoin had a steady price, it would not be so popular. Because people make money by investing in general purpose. Forex was already available, forex's status is now responding to this question.



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clarkgeneral86
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December 12, 2017, 11:56:08 AM
 #2879

bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...

We know that Higher the risk, higher is the return. Bitcoin’s price is not stable and it fluctuates within minutes so more people tend to invest in it to score more profit. But if it had a stable price, it was not meant to be that popular as it is now. Stable prices suggest that you’ll get the fixed amount of profit which is not interesting... 😊
It is an accurate estimate, precisely the instability that has brought popularity to bitcoin. When bitcoins increase or decrease by several thousand dollars, many articles analyze the cause and lead to the attention of many people.
Kevondo
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December 13, 2017, 06:50:18 PM
 #2880

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 really don't think so. What people like about bitcoin best is the fact that they are able to utilize it's volatility as an investment, whereby they are able to earn a lot of money. So, when bitcoin's price becomes stable then people will tend to look for a different coin that is also as volatile as bitcoin right now.
Well it is into possible to invent any other coin like bitcoin because the power and the price of bitcoin are unbeatable. If bitcoin will stop changing price and will not be volatile any more then I think people will sell bitcoin or maybe they will use bitcoin for payment and shopping only. But right now bitcoin is changing price and increasing it day by day so I don’t think bitcoin will stop growing at any cost.
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