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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171703 times)
God Fist
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January 15, 2018, 05:59:31 PM
 #3161

I think this will certainly make people trust it more especially elderly people that don't understand the ideology behind it and why it fluctuates or rich people that don't want their fortune figure to be jumping around and fluctuating all the time . People will be more coming forward into investing in bitcoin and considering it as a safe asset and not just a wild risk as they identify it as know . It'll be even necessary for people around the globe to invest in it since markets and compagnies will certainly include bitcoin as a payment method which will drastically increase the number of users .
slashz9
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January 15, 2018, 06:08:08 PM
 #3162

I think it depends on how many people know about it, look at it now there are people who know bitcoin some who do not even know, so I think your question has been answered maybe he is popular for people who know it and certainly not popular for people who do not know or even do not care.
Kamote_1102
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January 15, 2018, 06:09:47 PM
 #3163

Yes, it will be popular. not because of the stability of the price only. but the opportunity that it gives to everyone. anyone can be rich in bitcoin. you can earn money even when you are at home. you just have to give some quality time for it. bitcoin is very popular and it's becoming more popular this year. many people are now into bitcoin because they saw it.because many proved that bitcoin is real and it's not fraud or just a scam. so whether has a stable or unstable price, bitcoin will always be popular.

voztata
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January 16, 2018, 06:08:54 AM
 #3164

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.
Most of us all here are into Bitcoin because of the volatility and because we can simply invest into it and let the money grow as much as it can. But that doesn’t mean that Bitcoin will become less popular if it becomes stable. Bitcoin already made a name for itself and there are other things it can be used for.
Kisanaq
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January 16, 2018, 07:44:52 AM
 #3165

It's hard to say that if bitcoin is stable then it could be as fast as it's popular, bitcoin would be difficult with an existing online payment system like paypal perfect monet, payza and so on, and maybe I would not use bitcoin.
Andrej Peiboski
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January 16, 2018, 08:02:50 AM
 #3166

Of course, eventually much more: it's just its instability that creates a block toward general acceptance.
At present, it's practically useless in normal economy.

readygoaw
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January 16, 2018, 08:03:20 AM
 #3167

It's hard to say that if bitcoin is stable then it could be as fast as it's popular, bitcoin would be difficult with an existing online payment system like paypal perfect monet, payza and so on, and maybe I would not use bitcoin.

Bitcoin became very popular because its price began to grow rapidly. Many people wanted to earn money on this. If the price of bitcoin will be stable then it can lose it's popularity.
Advicerabi
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January 16, 2018, 08:40:32 AM
 #3168

If the bitcoin price had stable value there are two possibilities will happen, among the investors of its popularity would decreased but for the consumers the popularity will up.
But most importantly now the price of the bitcoin should stay up because it will lure investors, if not bitcoin price will still down. Now the price of the bitcoin is still down hope this doesn't continue.
Epimetheus
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January 16, 2018, 09:19:17 AM
 #3169

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. I don’t thing that bitcoin would have been as popular as it is now if it’s price would have been stable. Since most of the people use bitcoin to make money and one can only make money in bitcoin because it’s price is not stable, so it keeps on fluctuating and has high chances of increasing in the up coming future. There are many ways by which one can make money using bitcoin. So bitcoin’a Instability has made it so popular and famous between the users. Bitcoin instability is its greatest weakness and its greatest strength.
Kittygalore
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January 16, 2018, 09:24:00 AM
 #3170

I think no ? if it have a stable price like other coins it would not be a popular as now. Bitcoin is popular because of its price, so if its price would just be a normal one bitcoin will be ignored and the usage of coins will be equally. Bitcoin is decentralized so it has high volatility due to demand and supply, it has a high demand so its price is increasing unlike the other coins in the market.
AMHURSICKUS
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January 16, 2018, 09:30:04 AM
 #3171

It will still depend upon on what stable price bitcoin will be, if it is high it will be more popular, but if it is low i think it will not be popular.
Rightnow bitcoins volatility is one of the reason why they like it, they can get big profit from that but risk is always there because there is also a chance that price of bitcoin might fall.
Wether bitcoin price is stable or not the value of it is still the important.

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thecoder2017
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January 16, 2018, 01:23:20 PM
 #3172

Definitely yes because people who are get used to it still join their signature campaigns and invest on some projects because even though it's price is stable we can't deny the fact that it is still popular.
tats14
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January 16, 2018, 01:34:11 PM
 #3173

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?
well maybe yes or maybe no, it depends upon the situation, because many people has using bitcoin and it still be popular or not well it has many bitcoin user all over the entire world.

anelenaniku
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January 16, 2018, 01:42:48 PM
 #3174

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?

Nop, with the technology that has today is worthless, actually anyway is worthless, is an empty token, nothing more than an ERC20 ethereum token with no propose!
Alpinat
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January 16, 2018, 01:49:10 PM
 #3175

For sure it is because the value is not the point and the subject here , the point of view here is the value of bitcoin when it comes in sending money or funds abroad the fee's that's what only matter to me i guess. it'll be popular anyway because it is crypto.
apolonio
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January 16, 2018, 02:02:33 PM
 #3176

I really think that even if bitcoin has its stable value price it will and would still be popular.But on my country bitcoin it not that much popular for they think that people do not really profit that much on bitcoin mining.And people are also scared that they are going to be scammed.

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January 16, 2018, 02:55:32 PM
 #3177

I'm sure if the bitcoin price is stable then there will not be any interesting news to talk about, everyone will know and this will not make anyone see the daily bitcoin price even more once a day.

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January 16, 2018, 03:01:38 PM
 #3178

I think that stable price would attract more users to Bitcoin
Jose Mourinho
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January 16, 2018, 04:11:53 PM
 #3179

I would never be interested in saving money to paypal because the price does not change, it also happens with bitcoin, I think it is useless if save bitcoin but the price is stable, so I'm sure stable price will not make bitcoin popular.

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jatin729
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January 16, 2018, 04:48:03 PM
 #3180

I don't think so because most of people use bitcoin for trading purposes and trading is always doing for profit so if bitcoin get stable than what is use of bitcoin trading, it would not generate profit for investors.

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