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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
syahdurindu
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December 28, 2017, 09:31:13 AM
 #3001

If bitcoin prices stabilize at a high price I think it will remain popular, but it will not be as popular as gold because everyone is familiar with gold, while bitcoin will be hard to understand by people who do not know the internet, but we already know that bitcoin is very dependent on the internet...

Chrisjay29
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December 28, 2017, 09:44:57 AM
 #3002

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?

 Will if bitcoin is stable no one will invest on it.bitcoin became popular because of his price unstable.how can you earn profit if the price is stable.the bitcoin will pop like a buble in the digital currency.because people want a unique and high price thats they invest.
Sanitough
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December 28, 2017, 09:51:15 AM
 #3003

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?

 Will if bitcoin is stable no one will invest on it.bitcoin became popular because of his price unstable.how can you earn profit if the price is stable.the bitcoin will pop like a buble in the digital currency.because people want a unique and high price thats they invest.
I agree with that, bitcoin's price volatility is what makes it more popular because with the price movement traders will love to play
it to make easy money in a short period of time. There are day traders and long term traders, you can choose what you want but you have to employ a strategy to ensure success.
Viscore
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December 28, 2017, 10:24:39 AM
 #3004

If bitcoin prices stabilize at a high price I think it will remain popular, but it will not be as popular as gold because everyone is familiar with gold, while bitcoin will be hard to understand by people who do not know the internet, but we already know that bitcoin is very dependent on the internet...
Bitcoin is already popular now that the price is not stable, so if it will be stable I think it will not become popular.
We are different and no one is controlling bitcoin so expect that price will move from time to time, instead of thinking other things why not
just master on how to trade so you can make money on bitcoin price movement.

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Pr.Victus
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December 28, 2017, 10:31:50 AM
 #3005

While there is speculation around bitcoin, there will be demand for it. If the price is fixed, he will start a new life in the form of using the product = bitcoin.

taiwww
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December 28, 2017, 10:40:40 AM
 #3006

Bitcoin is still unknown to many. Its continuously rising price has created a news in all media`s all over the world. Most of the people started knowing bitcoins only because of its unexpectedly raised price. Bitcoin is a currency, but its use as a currency is far limited. Investors are using it as a tool of investment, its the volatile price of bitcoin that is attracting many investors towards it. If bit had a stable price it would never be so popular.
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December 28, 2017, 12:20:59 PM
 #3007

Bitcoin really know not so many people. But in 2017 there was a big advertizing in mass media and it very much advertized cryptocurrency. If the price is stabler, and that will grow it to add still popularity.

Harley29
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December 28, 2017, 06:16:18 PM
 #3008

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.
Bitcoin price really matter here and that’s only the price which make bitcoin popular and that why everyone they are join bitcoin if bitcoin price stay remain on one place so I think it will lose its value because bitcoin is a life changing currency and it price is very important if its price will go more high so its users will be increased and also countries will make bitcoin legal but in case of its price go down or stop growing then it will be not popular any more.
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December 30, 2017, 12:13:36 AM
 #3009

I think if Bitcoin has a stable price that would be very suck because there will be no more amazing profit or insane goal target for Bitcoin anymore. Just a normal currency left.
reck1ess
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December 30, 2017, 01:38:12 AM
 #3010

If it would have stable price, i don't think it would be as popular as now. Maybe there are still many user who would recognize this and use for payment etc. But not as many as now.

Rhaizan
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December 30, 2017, 03:35:20 AM
 #3011

Bitcoin is popular because of its volatility, but if the price will be stable? what will be the bitcoin excitement?what else we look for?i think if that happen There is nothing to be excited in bitcoin  .
loof99
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December 30, 2017, 04:05:02 AM
 #3012

In my own point of view, there is no chance that I see they will become popular again.
The special thing that the bitcoin have which the public love the most is the market value always fluctuates in the public market which the public become more responsive in all situations happen in the price.
CARrency
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December 30, 2017, 04:10:32 AM
 #3013

Bitcoin is popular because of its volatility, but if the price will be stable? what will be the bitcoin excitement?what else we look for?i think if that happen There is nothing to be excited in bitcoin  .

But there are still some people who don't look excitement or fun in a currency, bitcoin is the first digital currency and i think everyone will want to take part of using it and expanding the word to the world and the other people who wants to know it.

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BTCbengi
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December 30, 2017, 04:30:45 AM
 #3014

I think if its price is stable, many will find it as a safe and long-term investment. It can completely replace gold and other storage units because it is very safe, fast and convenient. However, for investors like me, the difference between the increase and decrease of Bitcoin always attracted us, it is quite attractive.

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December 30, 2017, 04:55:27 AM
 #3015

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 so. Many users and investors are here because of bitcoin's volatility so removing will surely encourage some of them to quit bitcoin since the possibility of higher profit is removed if ever. There is still a possibility that some people will patronize it but I don't think it would be as popular as it is right now if ever the value has been made stable. It will surely be below a cryptocurrency with a volatile value.
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December 30, 2017, 04:59:52 AM
 #3016

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?
Bitcoin has been made popula because of its volatile value, removing will surely alter the result making some of the people unpatronize bitcoin. Bitcoin's value has risen a lot this year so if ever bitcoin's value is at a high rate, I think making it stable in that will surely make it popular still amidst the stable price it has. Many people are aiming for profit here so if ever they will not get it, they will not support it.

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December 30, 2017, 05:04:21 AM
 #3017

Well, the history of this question can tell you. When bitcoin has just appeared, its price has been very stable for some time. Stable prices can not attract people's attention. Bitcoin has been paid attention to because of its super growth. This will make people follow them crazy. Man is the death of a man, and the bird is the death of a bird.
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December 30, 2017, 05:37:50 AM
Last edit: January 15, 2018, 01:03:47 PM by BlackRock
 #3018

I think  bitcoin will be popular if the price is stable or not .Actually the volatility is one of the reasons for people and traders whoa re betting heavily on bitcoin to make huge profits ..and these huge profits is making other people to jump into trading/buying bitcoins

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December 30, 2017, 06:21:48 AM
 #3019

I think if its price is stable, many will find it as a safe and long-term investment. It can completely replace gold and other storage units because it is very safe, fast and convenient. However, for investors like me, the difference between the increase and decrease of Bitcoin always attracted us, it is quite attractive.
Actually those traders are making the price to react actively, we will not reach at this level if the price is stable, we should thank for the hype because we make our journey faster and I think the trend will continue and we will surely see a good price of bitcoin but not stable like what we are expecting.

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December 30, 2017, 07:08:39 AM
 #3020

I dont think so , Bitcoins ability to go up and down just like any currency is one of the reason why its a univeral favorite unlike Perfect Money and the now defunct Liberty Reserve.
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