LovelyFLOWER
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January 13, 2018, 12:14:28 AM |
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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 bitcoin will be popular if bitcoin had a stable price e. Bitcoin volatility is what people attracted to bitcoin because there's a big possibility to profit a million of cash when price is going up.
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Jembut Ireng
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January 13, 2018, 12:40:51 AM |
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Bitcoin brings new systems and concepts this makes everyone interested in bitcoin investing, and the thing that most people choose bitcoin is hoping that someday prices will go up and earn profits, it is certainly difficult to be popular if bitcoin prices are stable.
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Zeque02
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January 13, 2018, 04:44:52 AM |
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If time comes when Bitcoin had a stable price, i think it will be more popular due to the stable price itself. People may attract and start to know about it, most especially when there is evidence or proof from others. It will create trust so many will join and invest. Other thing is that,the more person knows about it, the more chance of sharing about what Bitcoin is, which helps a lot to be more popular.
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FLoving
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January 13, 2018, 02:38:59 PM |
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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.
The first thing which I want to say in this is that it will never going to happen as the market price of bitcoin will keep on changing most of the times. In case, there comes certain kind of situation that the market value of bitcoin gets stable, then it will for sure effect the fame and reputation of bitcoin in a way that people will look for some other ways of investing their money for having greater profit.
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merlyn22
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January 13, 2018, 02:59:00 PM |
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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 opinion if bitcoins has stable price i think it will not be popular like what happening today...because it only looks like fiat currency. people got the attention for bitcoins because people believed that they will earn big profit in investing for bitcoins. i personally got interest on bitcoins because of the volatility . i do believe i can make my profit double tripple or more.
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francojon
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January 13, 2018, 04:53:48 PM |
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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 will keep being popular and in fact it would be more useful than now, because you could use it as a stable storage of wealth instead of just speculation.
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francojon
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January 13, 2018, 04:57:02 PM |
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Definitely not popular, people will not be interested in buying a lot of bitcoin because if you have no stock of profit, I also would not be interested in using bitcoin and prefer paypal because verification is safer than anonymous.
Many people buy bitcoin as an investment vehicle in other alts, because it is widely accepted in ICOs and exchanges. If it were more stable it would probably be even more expensive.
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yvesp110
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January 13, 2018, 07:20:37 PM |
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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 opinion if bitcoins has stable price i think it will not be popular like what happening today...because it only looks like fiat currency. people got the attention for bitcoins because people believed that they will earn big profit in investing for bitcoins. i personally got interest on bitcoins because of the volatility . i do believe i can make my profit double tripple or more. It will be really very much difficult for bitcoin at that time to maintain its reputation once its market value will get stable. This increase in the market value and the volatile nature of bitcoin is the only thing which is helping all the investors who are investing in bitcoin in making some good amount of money. If this thing stops happening, then people will lose their interest in bitcoin.
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Lou-Lou
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January 14, 2018, 10:35:27 AM |
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If bitcoin had a stable price it's auditorium would be completely different, which might be better for cryptocurrency future as there would be much less scammers... but we have what we have.
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Lupus Solitarius
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January 14, 2018, 12:49:03 PM |
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Well, it depends: high volatility is a plus for experienced traders, but for the normal economy this instability make bitcoin practically useless. When bitcoin will be more stable, it will be even more popular.
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AmazingDynamo
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January 14, 2018, 01:13:15 PM |
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it depend on the price if the price would be low i think it will not gain so much but if price would be high let say 20k dollar maybe it will gain so much popularity , and also if it has a stable price i think it will gain popularity also because many establishment would use bitcoin as mode of payment because of price stability.
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Black Angel
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January 14, 2018, 03:23:25 PM |
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The most interesting thing about bitcoin is the unstable price, of course no one is interested in a stable price, especially already there is a payment system that is popular ie paypal, web money, payza, liberty reserve and so on.
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Deepiefface10
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January 14, 2018, 04:04:18 PM |
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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?
stable price will make bitcoin trading more easy and will make bitcoin able to be used for daily payment. that price is so little for bitcoin and very small range
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mezzaluna
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January 14, 2018, 04:09:48 PM |
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For me it would still be popular, for online savings anyway not as an investment. It would become a more effective currency and it would not be compared to gold that way.
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Anco_Marzio
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January 14, 2018, 06:18:55 PM |
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When bitcoin will become stable, may be investors will lose interests, but public acceptance as a method of payment will skyrocket (actually, it's just its volatility that makes bitcoin still not good for standard payments)
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The Scorpion
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January 14, 2018, 06:30:32 PM |
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No, of course not, 9 of 10 people in here are just for money-making purposes, if they realize that they can make more money just by doing any other crap, they will switch to that. This is the reason of why a lot of people are holding altcoins instead of bitcoins.
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Jombrangs
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January 15, 2018, 07:39:40 AM |
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No, the always changing of its market value or proces s of fluctuations is the best thing I see that the public loved the most. Through this they can be able to be more analytical and wise decion makers since it is very vital in the cryptocurrency. The importance of creative response in every circumstances should be the public must know and I think it will be better if they are not stick to one price or market value.
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Vaculin
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January 15, 2018, 08:14:26 AM |
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No, of course not, 9 of 10 people in here are just for money-making purposes, if they realize that they can make more money just by doing any other crap, they will switch to that. This is the reason of why a lot of people are holding altcoins instead of bitcoins.
I believe that is our purpose why we are here, making money because bitcoin and the entire market is very profitable to invest with. Bitcoin is not stable and I think will never be stable due the reason why the price can easily be move if whales will manipulate it, but instead of hoping that to happen, we should take advantage of the volatile market.
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readygoaw
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January 15, 2018, 08:30:26 AM |
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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 will keep being popular and in fact it would be more useful than now, because you could use it as a stable storage of wealth instead of just speculation. Any currency has jumps in price and Bitcoin also has. If Bitcoin has a stable price, then it will become more convenient for payments. But less popular for investment.
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Lubang Bawah
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January 15, 2018, 09:16:13 AM |
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I think even though prices are stable but bitcoin brings features and novelties in the world of transactions so it will remain popular, this is what makes me believe that the future of the transaction system will soon use bitcoin.
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