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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
Thavite71
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January 05, 2018, 07:36:17 PM
 #3061

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
no stable price is problem but we can ask for 100$ bitcoin it will better if price changes in future.
best option is slowly increasing
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January 05, 2018, 08:24:57 PM
 #3062

YES in the last years of bitcoin its price increase very slow compared to now but people really accepted it and it would not reach its status now if it did not happen so i think it just part of the process because bitcoin is just starting back in the early years and if that happen now it means that there are many users in the blockchain but before it happen a lot of price increase will surely happen

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January 05, 2018, 08:42:17 PM
 #3063

YES in the last years of bitcoin its price increase very slow compared to now

The crypto world is changing rapidly, everything is never going to be the same anymore as thing might progress faster than our expectation

but people really accepted it and it would not reach its status now

People dont really accept it. As I could recall few months ago, alot of people were scared that this might be a bubble that could burst anytime thus alot of people dont 'ride' the waves

that there are many users in the blockchain but before it happen a lot of price increase will surely happen

Huh? users in blockchain? you need to get educated on this. Only a fool actually put their bitcoin in blockchain. It is one of the unsafest wallet , if you want to risk your coin then go ahead and do so

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kimochidesh
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January 05, 2018, 09:38:30 PM
Last edit: January 07, 2018, 11:40:49 PM by kimochidesh
 #3064

Never. BTC got popular among layman because of its growth rate. If its price is stable people will not take it seriously. Even now also most of the BTC users think BTC as an investment tool, not as an alternative transaction mode.
Prince786
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January 05, 2018, 10:08:23 PM
 #3065

I do not think Bitcoin will ever be worth the stable. Now it is better to stay in the same manner as Bitcoin is. But if there was a fixed price, people would have been more inclined towards it. People do not run Bitcoin because of its unstable price. It has great profits and losses as well.
ritsel02
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January 05, 2018, 10:36:32 PM
 #3066

Bitcoin will still be popular if it had a stable price, but its volatility is what makes it more challenging for us bitcoin holders and most especially to the traders waiting for the right time to buy ,hold then sell at the right time for a higher profit.I myself was attracted on bitcoin's volatility, though risky but there's also a greater chance to earn high.
haster100
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January 06, 2018, 08:55:09 AM
 #3067

I think  its  popularity  would  somehow decrease   because   traders  would really switch  to  another  crypto which has   more  volatile price  because they   only make  money on that  movements  of each coin  thats  why  they  should  definitely  switch  to another coin  but  in other  story  it  would be  popular to some  merchants.
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January 06, 2018, 08:59:05 AM
 #3068

I think bitcoin is day by day most popular currency in the world but the bitcoin price is needs to be more stable.
perfect999
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January 06, 2018, 12:22:28 PM
 #3069

I'm sure that although bitcoin prices are stable but will continue to be popular, this is because many things are new and the best solution for existing transactional systems, for example is the speed of transactions, security and low cost.
If Bitcoin becomes stable, I don’t think it will be attracting investors as it does now. From what I’ve discovered, most of these big investors are into Holding, which means that they’re relying on the volatility of Bitcoin to make money, and without that volatility, having stable a price means that Investment will stay at the same amount without moving. So having a stable price don’t really sound good.
Chachacoin17
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January 06, 2018, 12:30:15 PM
 #3070

I'm sure that although bitcoin prices are stable but will continue to be popular, this is because many things are new and the best solution for existing transactional systems, for example is the speed of transactions, security and low cost.
If Bitcoin becomes stable, I don’t think it will be attracting investors as it does now. From what I’ve discovered, most of these big investors are into Holding, which means that they’re relying on the volatility of Bitcoin to make money, and without that volatility, having stable a price means that Investment will stay at the same amount without moving. So having a stable price don’t really sound good.
Yes it cant really be popular anymore it will really not become atracting or exciting because it has a stable price same as  the fiat it is really become ordinary digital money in the eye  of the users or maybe in all investors which lead the bitcoin to fall down .I beleieve that the most atractive  feature of bitcoin is no other tban the  price because the changing of bitcoin price is an opporunity to all investors.
Kuya Kim
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January 06, 2018, 01:49:39 PM
 #3071

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?
There's still a chance that bitcon will still be popular even though its value is stable. Its volatility is not its only strength instead bitcoin has a lot more of good features that should be appreciated. Unfortuntely, if ever bitcoin's value will be stable, it would not stand a chance anymore on becoming as popular as it is right now. It's increasing value still contributed large on its popularity.

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tokensupermarket
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January 06, 2018, 01:51:58 PM
 #3072

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 it would not be that much popular anymore because bitcoin has been made more famous because of its expensive value which attracted many investors. There would be a bit of possibility that it would still be reach but I don't think it would still be on top if ever its value is stable. There's a lot more things to happen but as soon as we keep our faith in bitcoin, it will keep on growing.
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January 06, 2018, 03:10:59 PM
 #3073

If bitcoin had a stable and stocked value i think it would not be able to catch the investors or will not be popular as now. Do you think they would invest on something that is not moving ? Growing ? And improving ? Of course not.

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January 06, 2018, 03:15:13 PM
 #3074

Of course not, it wouldn't be popular if it had a stable price. Because if it had, investors will not recognize this coin and will stocked on its first established price.There is a possibilty that bitcoin will not be noticed if it had the same value with other coins. The only thing that matter is the prices.
Kokoy
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January 06, 2018, 03:22:47 PM
 #3075

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 I rhink it will be popular but the fact that it is only containing a little amount of value, I guess it will not be broad as it is right now, the functions and transactions which was happening right now will be non-existent , cause it will rooted to our minds rhat Bitcoin is cheap, it may be less functional something like that.

taiwww
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January 07, 2018, 12:42:17 AM
 #3076

Bitcoins limited supply and ever growing making it more and more volatile. This volatility is pushing its price higher and higher. Volatile currency markets are always liked by speculators. Some traders believe and like to invest or trade in volatile currencies. These traders are the major market movers. If we have bitcoin a stable price by removing volatility from it, its price will become stable and in that case no one will invest in bitcoin. Bitcoin`s increasing price is attracting common investors towards it. If this rise in price stops or get stable, it may reduce bitcoin`s popularity. But this will never happen now or in future.
andrei214
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January 07, 2018, 01:40:57 AM
 #3077

Maybe Yes, because there were  a chances of losing its potential investors when they have known that its price falls down.Because of price unstability, this becomes a scary thing for them not to continue there investment.

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January 08, 2018, 03:55:36 AM
 #3078

Never. BTC got popular among layman because of its growth rate. If its price is stable people will not take it seriously. Even now also most of the BTC users think BTC as an investment tool, not as an alternative transaction mode.
But that is not really the fault of the users, bitcoin cannot be used effectively as a currency, with fees so high, some people reporting fees as high as 80 dollars, then there is nothing to do, we only have the option of keeping our bitcoin in our wallets, or to trade that bitcoin for altcoins and try to earn profits in the market, until the issue with the fees is resolved that is all what we can do.
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January 08, 2018, 04:38:38 AM
 #3079

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 I think the price is unstable as it is now still popular, but for bitcoin users to panic with current prices, then you should be patient. Because someday the price will go up much higher I am still very sure.
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January 08, 2018, 04:43:55 AM
 #3080

If bitcoin had a stable price, it would be even more popular once people know about altcoins

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