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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
Farhan786
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December 30, 2017, 08:32:16 AM
 #3021

 bitcoin has a stable value i dont think it is very interested for people to invest into it because the price wont rise bt also wont drop so you are only changing money for a coin that not has a value the current status only the traders and investors are benefiting much.
Soranith
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December 30, 2017, 08:33:12 AM
 #3022

You will never see bitcoin in a stable price it will always move because people would want to sell their bitcoin whenever it hits their price target and others dump their bitcoin because they panic sell when they see everyone is selling. The market will always be like that and if ever it will be stable no one will want to trade it anymore.
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December 30, 2017, 08:44:19 AM
 #3023

We should honestly accept the truth we and everybody attracted towards bitcoin is for its growth of bitcoin rate only rest about technology and future all are secondary only.

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LordDisick
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December 30, 2017, 09:08:36 AM
 #3024

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.

Correct, reason why there are a lot of people now get attracted to bitcoin because of the price despite of being volatile. Many investors are taking the risk. If the price is stable like there's no chance if increasing then ut won't be as popular as today.
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December 30, 2017, 11:56:30 AM
 #3025

I think personally, if the bitcoin prices are stable, bitcoin will remain popular

If the price of Bitcoin is stable, it will become a good payment system. But it will lose popularity as a tool for investment.
Kittygalore
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December 30, 2017, 12:24:56 PM
 #3026

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?
Definitely yes, the price may be stable but it will remain popular. Or maybe not? If you invest for example 100k then you will also get the same price then it would be unfair to tje investors so maybe it wouldn't popular.  But in reality, bitcoin will never be stable on what price it has. It may falls down but suddenly in reamin to its price and then grows up.
Cloak1
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December 30, 2017, 03:37:41 PM
 #3027

I guess not. Bitcoin is popular because of its high price. Thus, many people are interested in investing in bitcoin.
If the bitcoin price is stable, it might not be as popular as today. As a result,  not many people will be interested and use bitcoin
Sum24
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December 30, 2017, 04:25:22 PM
 #3028

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.
First of all bitcoin price can be stay on one place because bitcoin is fast growing currency and it’s also a digital currency its price is connected with market trade so there is no chance of it that’s its price will be drop but if its price drop so nothing will happen to bitcoin because bitcoin don’t compromise on its price some time its price will be high and sometime its price will be low so no need to worry about anything it will be still popular.
SirLancelot
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January 03, 2018, 10:31:10 AM
 #3029

I think personally, if the bitcoin prices are stable, bitcoin will remain popular

Bitcoin will be popular, but will not be as popular as it is now. The popularity of bitcoin increased because of the high quantities of investors and the speculation of the price of bitcoin. These where the major reasons for the growth and popularity of bitcoin.
If bitcoin becomes stable at these prices like after this correction is over and bitcoin enters 2018 with a value of 20,000 dollars, it would still remain popular but the way people are frequently investing into it will significantly decrease. People are treating bitcoin as an investment because of its volatile nature and unstable prices provide them opportunity of trading. Bitcoin will lose its charm if the prices become stable.

criz2fer
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January 04, 2018, 08:28:46 AM
 #3030

I think personally, if the bitcoin prices are stable, bitcoin will remain popular

Bitcoin will be popular, but will not be as popular as it is now. The popularity of bitcoin increased because of the high quantities of investors and the speculation of the price of bitcoin. These where the major reasons for the growth and popularity of bitcoin.
If bitcoin becomes stable at these prices like after this correction is over and bitcoin enters 2018 with a value of 20,000 dollars, it would still remain popular but the way people are frequently investing into it will significantly decrease. People are treating bitcoin as an investment because of its volatile nature and unstable prices provide them opportunity of trading. Bitcoin will lose its charm if the prices become stable.
I think people are having doubts today with bitcoin because of high fee's and slow transaction which become a contributor with the stable price today. But if the platform will be fast again, bitcoin will probably gain more trust again and It will again attract investor which aim higher profit from it.

shaun98
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January 04, 2018, 09:01:50 AM
 #3031

Definitely think more people would be attracted to Bitcoin, as it can then be easily used as a currency anywhere in the world, essentially creating a universal currency.

HV3S
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January 04, 2018, 09:02:28 AM
 #3032

It would be more popular if the price would be high,lets say $20000 then many people would be interested to bitcoin, if the price would be lower $10000 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.
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January 04, 2018, 09:55:48 AM
 #3033

Many new things and innovations that bitcoin brings, and the thing that makes everyone interested in bitcoin is easy to use for transactions and speed better than any payment system.

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January 04, 2018, 10:24:10 AM
 #3034

For me bitcoin is unsteable price but it's still popular even because the natural movement of bitcoin is rise and lower in terms of price. Popularity of bitcoin is on their quality of being friendly towards all users. Bitcoin is easy to access as long as you have been connected to internet wifi or data cellphones.
alisafidel58
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January 04, 2018, 10:45:20 AM
 #3035

Definitely think more people would be attracted to Bitcoin, as it can then be easily used as a currency anywhere in the world, essentially creating a universal currency.

I strongly disagree, bitcoins early beginnings its price was just under a dollar, in just 8 years it price took a huge turn and almost past $20k, if bitcoin price was stable it wont be so popular right now and its price will just be under a dollar.

The money system that is working right now have been built for over a century, that why the fiats have value because of its long history.
Bitcoin wont be so popular as of today if it were to have a stable value and just like skrill, webmoney etc. It will just be another online payment system.
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January 04, 2018, 11:31:56 AM
 #3036

For some people, for sure, a stable price would be good. However, a lot of people invest because of high profits, although the exchange rate is very strong.

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sp01_cardo
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January 04, 2018, 11:55:46 AM
 #3037

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 mabye it will not be as popular as now. Because price matters, thats make bitcoin popular. having a not stable price attracts some people to invest in bitcoin.


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January 04, 2018, 12:17:37 PM
 #3038

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?
For me if the bitcoin is stable everyone in this world will using bitcoin so bitcoin is very popular and never be vanished in all time.  In next generation they also used bitcoin. 
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January 04, 2018, 01:38:53 PM
 #3039

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?
For me if the bitcoin is stable everyone in this world will using bitcoin so bitcoin is very popular and never be vanished in all time.  In next generation they also used bitcoin. 
Bitcoin will be used in the next generation if we will continue to support it, majority of the people still do not know about it and some sees bitcoin as a negative thing or a scam investment but we instead of getting disappointed we have to help them understand about bitcoin so they will also adopt and maybe take this great opportunity to invest.

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January 04, 2018, 01:40:38 PM
 #3040

When that times comes I think bitcoin is already considered as very popular. For sure it will not bring more investors, but in that time bitcoin will be considered as an icon just like gold.
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