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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
tonyja2017
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December 27, 2017, 06:23:51 AM
 #2981

I don't think it will be popular as it is now, because the starting price of Bitcoin is very cheap. If there is no strong increase then it will not attract so many people. if it only have had a stable price as you said, it wouldn't have been like this.

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December 27, 2017, 08:51:30 AM
 #2982

Well I thinks so, If Bitcoin had stable price it would still be popular it also attract both trader and user on the other hand if it become stable in high level it will be good but in if it's not chances are you will not get anything you want for the price that you have.

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December 27, 2017, 09:08:21 AM
 #2983

I'm sure if bitcoin is stable then it will not make developers develop innovation and want to invest in bitcoin, we all know that the most fun when investment is up and down the price so that makes a lot of people continue to learn trading.
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December 27, 2017, 10:36:21 AM
 #2984

The fact is that the currency is not stable and so does the bitcoin. The price depends on the currency but we all know that btc always increases its value,  if it happens to go down, we can wait for the right time and price of it.


The stability in the prices of bitcoin will end the differed between bitcoin and gold. Bitcoin is having edge over all other digital currencies and real world mode of investments just because of its volatile nature. People are highly intrigued by bitcoin because by going through pumps and dumps, bitcoin gives them opportunity of buying at low prices and selling at higher ones. In short, bitcoin stability would not be appreciated by bitcoiners.
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December 27, 2017, 11:10:38 AM
 #2985

Although the bitcoin price is stable but I think it will remain popular, besides the price influence of course there are many other factors that make that popular bitcoin, for example is anonymous, high security system and of course the transaction speed better than banks.
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December 27, 2017, 12:32:22 PM
 #2986

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 don't think people will be more interested in investing in bitcoin if it will ever be stable. People keeps investing and using bitcoin because of its unstable, decreasing and increasing price. People invest in bitcoin because of its increasing price.
Of course most of us are interested in bitcoin cause its rising price. I think it’s up to thought of everyone, however, there also have people feel like it stable because they want it will be safer. I believe that bitcoin will get more popular if it has stable feature because most of us all need the safety. Most importantly, as you know most  of us use bitcoin as an extra work also an extra income, so if bitcoin becomes stable I can say for sure that there are many people believe and invest btc.

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December 27, 2017, 12:45:45 PM
 #2987

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 they will be popular but bot as fast as they are today because people which are open minded in the future will be the one that will use bitcoins because they want digitals rather than cash. But it will be hard for bitcoins to be popular because they just became this popular because of those people who became millionaires because of buying bitcoins in the past. And the value that almost reaches $20k plus and that really took the attention of all the people even those who are non investors. And that also threaten the banks because they cannot provide that kind of things that much money.
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December 27, 2017, 12:57:36 PM
 #2988

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?

Aside from the fact that the bitcoin has a high volatility rate which has given it the popularity it presently has, the other strong factor which has given it much influence is the use of bitcoin as a base coin entry into the cryptocurrency world/environment. A lot of persons are coming into the cryptomarket and most have to buy altcoins through purchase of bitcoins in the first place. Even when and if the bitcoin price gets stabilized, as long as it is majorly a means of link to other coins, it will remain popular. Even now, most people that want to talk about cryptocurrency use bitcoin interchangeably.
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December 27, 2017, 01:50:39 PM
 #2989

I guess that it would be so much popular than it is now.

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December 27, 2017, 01:52:58 PM
 #2990

Probably more popular some trader and investors are finding more safer haven to invest and if the price is not that too stable they will double think which is natural, while some are pig type investors enough to deal all the noise
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December 27, 2017, 02:25:03 PM
 #2991

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'm sure Bitcoin enthusiasts will increase, maybe at this time because of the Bitcoin price that not only people who like the challenge are playing Bitcoin..

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December 27, 2017, 02:29:30 PM
 #2992

Stable price is the worst ideal happen to Bitcoin because volatility is the feature made Bitcoin famous. People are discussing about price of Bitcoin everyday. So stable price will shut bitcoin down for sure.
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December 27, 2017, 03:18:26 PM
 #2993

Stable price is the worst ideal happen to Bitcoin because volatility is the feature made Bitcoin famous. People are discussing about price of Bitcoin everyday. So stable price will shut bitcoin down for sure.
That's true and if it happens bitcoins ang altcoins will no longer go like this. Because volatility is uncontrollable it was due to the users who have bitcoins. A stable price is like being a stagnant no moving so bitcoin would not become popular anymore.


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geegaw
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December 27, 2017, 04:20:34 PM
 #2994

A stable price definitely would not attract traders, but it would instead attract users who want to use it as means of payment. It would also be more used as unit of account and a medium of exchange than it is today.
Users who use it as a payment method only make it popular to a certain extent, it will not be too popular as current, everyone likes bitcoin only at the profit that it brings, there is no oscillation, no money and no money, it is just useless, remove it as soon as possible, this is definitely something that people who support and trust the bitcoin will do with it if it's stable. And bitcoin is a place that can help traders make a lot of money, they will link together to make the price of bitcoin change, so stability with bitcoin is not possible

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December 27, 2017, 05:15:33 PM
 #2995

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?
Maybe I think it will be used by some investors still but the popularity it has right now will not be the same if ever the value of it is stable. We should always remember that the volatility of bitcoin is one of the best thing and the main reason why investors kept on coming. It grants them the chance to have higher profits somehow that's why the volatility should never be removed.

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December 27, 2017, 05:52:52 PM
 #2996

for me bitcoin will popular even if it has no stable price. bitcoin known in every country because of its virtual transactions and it is not just an only a virtual currency it is also give everyone a decent job.
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December 27, 2017, 06:03:37 PM
 #2997

The problem of bitcoin as a currency is its instability, the advantage of bitcoin as an investment is its instability
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December 28, 2017, 03:05:05 AM
 #2998

No. If BTC had a stable price, it would be called eUSD and be losing value daily...
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December 28, 2017, 04:07:50 AM
 #2999

No. It will be less popular and lesser people will invest in it. The trademark of bitcoin is its potential to give surprising amount of profit to its investors and workers in this forum.
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December 28, 2017, 05:34:20 AM
 #3000

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 no,  Because people depend in bitcoin because of its uniqueness that its price is not stable and it change each of the day. They also here in bitcoin because its price risen or grow everyday which can help them to earn a lot for the things that they need everyday.
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