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Author Topic: If Bitcoin had a stable price, would it still be as popular?  (Read 171758 times)
andeluna
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January 27, 2018, 04:50:23 AM
 #3221

No i don't think so , a lot of people wouldn't have been attracted to it. Most people came to make money and a few came because they like the technology.
I think if the price of Bitcoin is stable more people will invest in it as they will be sure they wont be at a loss. We should try to make Bitcoin price stable for larger amount of people and unstable prices only favor handful of traders, but I think it's very hard.
If bitcoin had a stable price, it will not be popular anymore. One of the reason why it is popular is because it is decentralized or in other words, the price of it goes up and down. That is why there are investors who are investing in btc so that they can get profit when the btc goes up in price and sell their btc.

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January 31, 2018, 05:46:51 PM
 #3222

No i don't think so , a lot of people wouldn't have been attracted to it. Most people came to make money and a few came because they like the technology.
I think if the price of Bitcoin is stable more people will invest in it as they will be sure they wont be at a loss. We should try to make Bitcoin price stable for larger amount of people and unstable prices only favor handful of traders, but I think it's very hard.
Do you want the Bitcoin become stable? Sorry, but it is impossible. You have to know the interestest things of Bitcoin is its volatility. No one wants to put many money to invest a stable asset, because it does not help them have good profit.

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El Il-mythos
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February 07, 2018, 05:50:47 PM
 #3223

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. It will be dead. One of the asset of bitcoin is the rise and fall of the price, when it rise it is possible that the price from its former great position will become more higher. And because of this many are getting interested in bitcoin. Also if the price will become stable it will be like a traditional bank that the money of the investors is sleeping so why would you invest to it if bitcoin and traditional bank is not different.

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Godric-Gryffindor
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February 07, 2018, 06:15:50 PM
 #3224

No i don't think so , a lot of people wouldn't have been attracted to it. Most people came to make money and a few came because they like the technology.
I think if the price of Bitcoin is stable more people will invest in it as they will be sure they wont be at a loss. We should try to make Bitcoin price stable for larger amount of people and unstable prices only favor handful of traders, but I think it's very hard.
Do you want the Bitcoin become stable? Sorry, but it is impossible. You have to know the interestest things of Bitcoin is its volatility. No one wants to put many money to invest a stable asset, because it does not help them have good profit.
Impossible?, Bitcoin mining is not forever and so the supply is. After all mining done, Bitcoin price is expected to become stable.
Quote
No one wants to put many money to invest a stable asset, because it does not help them have good profit.
Not all traders are at the same level of risk appetite, some are still finding safer haven, and some are hard traders who choose not only risky but too risky trades.
stayeduptolate
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February 07, 2018, 08:53:41 PM
 #3225

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 think that bitcoin would have been this popular if bitcoin’s price would have been stable. Those is because bitcoin is used to make money and bitcoin is a very good platform to make money. One can make profit by investing in bitcoin because it’s price fluctuates so it has high probability of increasing resulting in high profit. So bitcoin’s instability is its greatest strength and its greatest weakness. And because of this bitcoin has gained very high amount of popularity.
Sand King
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February 07, 2018, 11:36:44 PM
 #3226

Why wouldn't it be popular when it has a stable price. I believe when Bitcoin has been well understood as boringly financial assets by many people, the price will stabilize.
I dont think that bitcoin is we will be very popular if it has a stable price, why? Because people we will not invest there money on bitcoin if the price of bitcoin is we will be stable, right now almost all people are smart and the people wants is to invest if there money is we will be x2 or even x3.

Bacotan Bae
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February 08, 2018, 12:27:56 AM
 #3227

If the bitcoin price is stable it will be difficult to grow as it is today, when all things are full of uncertainty then this makes everyone speculate to buy bitcoin. besides, there will be no dev. who are interested in investing into bitcoin because the price is stable then everything is very predictable.


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Theo222
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February 08, 2018, 12:50:13 AM
 #3228

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?
Bitcoin is already bitcoin it is already famous it will be stable now. I think when bitcoin become stable in price people will grab bitcoin because they can hold as much as they can no risk at all.
fishball
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February 08, 2018, 01:24:58 AM
 #3229

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?

That would make bitcoiners, traders etc. feel much more secured and safe. If that happens, it will really become much more popular than its status today.
microwave
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February 08, 2018, 02:06:39 AM
 #3230

I don't think so, because base on my opinion I think people know about bitcoin because of being volatility. Maybe for those who are a trader and saver use the volatility of bitcoin as an advantage to earn more profit and saying their experience to many people that bitcoin is good because of it non stable price. So in this case bitcoin will become popular.  Smiley
IvyAguas
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February 08, 2018, 02:13:16 AM
 #3231

Yes, it more be popular' it will be highly use as mode of payment and highly accepted by the business and service provider because of it price stability. The bitcoin user will be secured in holding their coin and feel free to invest..
PalindromemordnilaP
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February 08, 2018, 02:30:03 AM
 #3232

Yes, it more be popular' it will be highly use as mode of payment and highly accepted by the business and service provider because of it price stability. The bitcoin user will be secured in holding their coin and feel free to invest..

But what really makes bitcoin popular is due to its market value that is so high making other people curious and attracting investors to invest on it. Satoshi Nakamoto's plan of making bitcoin as a digital currency for payment seems change to investment now.

gigusico
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February 09, 2018, 08:03:42 AM
 #3233

I do not think that he would be so popular if he had a stable price, he is from that and is known to many people that the price for him is fickle
trickyriky
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February 14, 2018, 11:30:13 AM
 #3234

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. It will be dead. One of the asset of bitcoin is the rise and fall of the price, when it rise it is possible that the price from its former great position will become more higher. And because of this many are getting interested in bitcoin. Also if the price will become stable it will be like a traditional bank that the money of the investors is sleeping so why would you invest to it if bitcoin and traditional bank is not different.

Yes, its stability would kill its popularity and finally Bitcoin price would go down and even come to zero. Volatiliry arises the people’s interest to the coin and let them trading with a hope to get profit.
aimey
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February 14, 2018, 02:05:22 PM
 #3235

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, It would not be a popular if BTC price is stable. The reason why BTC became popular Because of the unstable price or value of which the investor attracted to invest. The low value of BTC the more investor would be interest to invest. The moment the BTC pump up the chances of investor to trade or to sell their tokens. That's why BTC became famous.
Daboy_Lyle
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February 14, 2018, 02:24:30 PM
 #3236

Stable price would surely attract more users to Bitcoin, but aren't we all here looking for a price increase , a big price increase in future time span of 5-10 years? Basically I am looking for that and collecting BTC until that time, so I am only worried for the price of Bitcoin up rather than many other people joining it, although many other people joining it will result in a price increase.
It will be still popular because the price is big.
lifengpu
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February 16, 2018, 07:07:59 AM
 #3237

It depends on what price will be during its stability, and also I think that bitcoin is popular because the price is unstable and it can grow in a good amount
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February 17, 2018, 07:30:59 PM
 #3238

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?

Im no sure if still popular if bitcoin have a stable prices. If it will take as investment it will be more popular. People will buy it at lower price and will sale at reasonable price
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February 17, 2018, 07:49:41 PM
 #3239

I think yes if Bitcoin was stable from the starting then people will also join it just like they do with the PayPal and other payment methods. I am not sure that it can get the current number of users who are in the market because of the price instability. As we already know that more than 40% of the total Bitcoin population joined because of the trading grounds. So if the price was stable then also we are going to get a lot of features like the transparent Network and heavy security which nobody else is providing right now.
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February 18, 2018, 02:16:58 AM
 #3240

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. It will be dead. One of the asset of bitcoin is the rise and fall of the price, when it rise it is possible that the price from its former great position will become more higher. And because of this many are getting interested in bitcoin. Also if the price will become stable it will be like a traditional bank that the money of the investors is sleeping so why would you invest to it if bitcoin and traditional bank is not different.

Yes, its stability would kill its popularity and finally Bitcoin price would go down and even come to zero. Volatiliry arises the people’s interest to the coin and let them trading with a hope to get profit.
The Bitcoin price can not be stability because its trend is just beginning. If Bitcoin does not want to be die soon, it needs to create more fluctuation in the value to make the world surprise more about its price. Of course, the trader also can have more profit or more loss by this fluctuation, but it is still better than a quiet market.

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