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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171696 times)
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January 11, 2018, 09:27:30 PM
 #3101

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?

In my own opinion, it should be no. To make something more popular, it requires changes in its own self. And as far as I know it wont be stable anymore because the value of money are volatile. It could be increase or decrease at any moment.




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goldcoinminer
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January 12, 2018, 05:44:38 AM
 #3102

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?

In my own opinion, it should be no. To make something more popular, it requires changes in its own self. And as far as I know it wont be stable anymore because the value of money are volatile. It could be increase or decrease at any moment.
The changes is good because the price is increasing which means the demand is getting bigger and the supply will surely be limited as investors
will not sell their bitcoins to get more profit. Price stability is never a thing for bitcoin since we can expect whales will try to move the price for their interests.
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January 12, 2018, 07:27:18 AM
 #3103

If bitcoin has a stable price it will always be popular because its price is big than 1 USD
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January 12, 2018, 09:03:26 AM
 #3104

If bitcoin has a stable price it will always be popular because its price is big than 1 USD
You mean people will just get into bitcoin because it has stable price? I would say it's a no. People will have no reason why they need to stay away from USD when bitcoin does have stable price. This is the main reason why there are too many people that are getting into bitcoin now. The unstable price gives them hope and they can see a big opportunity on it when they think the price will increase in the future.



 

 

 

 

 

 


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January 12, 2018, 09:15:29 AM
 #3105

not sure about this
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January 12, 2018, 09:16:39 AM
 #3106

I would say more business would start accepting Bitcoin if it had a stable price. Some small businesses prefer not to risk it due to Bitcoin's behavior as they may lose money.
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January 12, 2018, 11:01:08 AM
 #3107

It certainly will not be as fast as it is popular, as we know that the thing that makes people speculate to buy bitcoin is because there's a hope the price goes up so keep buying bitcoin.
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January 12, 2018, 11:19:45 AM
 #3108

For me, if this bitcoin has a stable price I would say that this will not be popular like what bitcoin is today because the only reason that I see why bitcoin is very popular is because of its price in the market that goes higher and higher or price that is not stable. They give this an opportunity to everyone to make their money more.

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January 12, 2018, 03:00:51 PM
 #3109

Nowadays, bitcoin is much stronger everday because bitcoin know how to work it out and many people already trust bitcoin. Bitcoin has a good features to make people want to invest again. I think bitcoin is just warming in this year, bitcoin will rise again let us wait. Many will encourage to invest again here just wait.
I think there is no chance of bitcoin price to stay remain on one place because bitcoin price is very high and still it’s going very high and in this year bitcoin price will go more high and it will make a record business so no need to worry about it because it’s now very stable and strong in market and day by day its users are going to increased so I’m sure that bitcoin price will never stay will on place it will survive for ever.
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January 12, 2018, 04:03:50 PM
Last edit: January 17, 2018, 01:41:50 AM by pankowri
 #3110

I think that if the BTC price is always stable, its popularity will decrease.Even now,BTC is very popular because its price is increasing day by day.And it is becoming popular with everyone due to the rise in the coin's price.Suppose, if the price of BTC would've been fixed for several years,it's popularity might not have been reduced.But if it stable for all time,it can easily be said that its popularity will must be reduced.

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January 12, 2018, 04:09:38 PM
 #3111

If the bitcoin price is stable then it will not make people and communities interested in using bitcoin, of course there is no different thing with paypal, payza, perfect money and so it will be difficult to develop.


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January 12, 2018, 04:42:17 PM
 #3112

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?
It's obvious that people are interested in bitcoin because of the possibility to earn a lot of money. If BTC price will be stable, people's interest in it will decrease. But a stable price to attract the interest of business that will accept BTC as payment for goods and services.
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January 12, 2018, 04:45:55 PM
 #3113

It certainly will not be as fast as it is popular, as we know that the thing that makes people speculate to buy bitcoin is because there's a hope the price goes up so keep buying bitcoin.
it's true because the price is always stable of course bitcoin it will always be popular and many also interested and who buy bitcoin also more because the price is always stable
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January 12, 2018, 04:52:21 PM
 #3114

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 if ever Bitcoin has already an exact amount and this remain to be stable, I think in some manner, Bitcoin might be popular as well in a sense that people will still be interested into it because of what it can give and provide. Bitcoin I think will be popular as it is if ever the price was attractive to people just simply support it and go beyond with it.

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January 12, 2018, 07:38:32 PM
 #3115

I think if ever Bitcoin has already an exact amount and this remain to be stable

What? we already have a fixed supply of 21M

I think in some manner, Bitcoin might be popular as well in a sense that people will still be interested into it

Alot of people are interested in it but they are too dumb not to ask. Everyone think that it is too late for them to join in while in fact it hasnt. Crypto has alot more room to go if things goes right but possibility of going south will always be there


Bitcoin I think will be popular as it is if ever the price was attractive to people

Ever since we made that crazy ride since September, alot of media has been exposing bitcoin constantly which makes alot more people aware of it already. Alot of them has joined in since then

R


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January 12, 2018, 07:59:40 PM
 #3116

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.
You can make a lot of money with both of them but investing in altcoins or bitcoin is not the same, bitcoin is not going to give you 10x in a month anymore but at the same time bitcoin has been around for a long time so you know your money is relatively invested in a solid project, investing in an altcoin gives more profits but if you invest in an altcoin with a low market cap you could lose all your money in just a few hours or days.
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January 12, 2018, 09:36:46 PM
 #3117

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.
You can make a lot of money with both of them but investing in altcoins or bitcoin is not the same, bitcoin is not going to give you 10x in a month anymore but at the same time bitcoin has been around for a long time so you know your money is relatively invested in a solid project, investing in an altcoin gives more profits but if you invest in an altcoin with a low market cap you could lose all your money in just a few hours or days.
I agree Only with the fact that all the popularity in bitcoin is that its price is unstable, but that its price has grown and continues to grow. Let today it has a little lowered, but judging by the forecasts for the future, we should expect a very huge addition to the already existing maximum.
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January 12, 2018, 09:41:14 PM
 #3118

Its not possible that the price is stable. Because when the price is stable for a time, many new people will thing to invest in bitcoin. That would result that the price will grow again because the demand is rising.
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January 12, 2018, 11:53:44 PM
 #3119

I think yes, it can be more popular, because the price is stable, bitcoin can be used as currency. For example, when large companies adopt bitcoin to pay employees with bitcoin, this is not a problem when bitcoin prices are stable. But if it is unstable, big companies will think twice about adopting bitcoin if used to pay employees.
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January 13, 2018, 12:00:10 AM
 #3120

I think that bitcoin is popular for the reason that its price is fickle and from this it is possible to get a good profit rather than if the price was stable
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