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BountyX
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March 02, 2018, 07:34:22 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?
Not at all - and exactly there you have the problem: to be functional as a currency Bitcoin's price must be stable. But people jump into Bitcoin JUST because its price is unstable and it tends to rise in a spectacular way. This contraddiction has to be solved if you are hoping for mass adoption for Bitcoin. But I have no idea how it could be solved. |
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Vendetta666
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March 02, 2018, 07:48:38 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 bitcoin is more likely to be known if its price is stable and its price will remain. and it's less likely to be better because the bitcoin price does not change and it just keeps its price and bitcoin is very well known and it gets bigger. And more people will be interested and many will try to enter the bitcoin. |
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XbladeX
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March 02, 2018, 07:55:22 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?
Not really  pegged price vs fiat will mean it will lose steam against inflation same time it means will will be worth less and less. No all people here are for speculation or trade some people are holders. |
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z38630610
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March 02, 2018, 08:41:12 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 last four years there were stable investors of bitcoin. They were not gaining like today. In last two years especially in 2017, the fluctuation of bitcoin price increased popularity of bitcoin. People who don't know anything about cryptocurrency started to talk about it. |
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bitllionaire
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March 02, 2018, 11:45:13 PM |
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The price fluctuation, the value and the function of Bitcoin are the reason make many people want to buy it. If Bitcoin price become stable, no one wants to buy more for investment long term because Gold will be better than and safe than Bitcoin. In that time, Bitcoin can only be useful for international transfer money.
In future we can expect that bitcoin price will become stable and at that time when bitcoin price will become stable people will start using bitcoin for shopping in local shops because of the stable price of bitcoin, they will then put more trust on bitcoin. Even the merchants will start using bitcoin for transaction of money and for so many other purposes. |
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TorbjornE
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March 05, 2018, 07:40:50 AM |
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The problem of the high price of transactions and their slow speed makes it uncomfortable for small purchases. And to pay for the work of small start-ups, when people are in different cities or countries, this is quite acceptable and popular. This is true provided that a stable course of bitcoin is provided.
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Focus Focus
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March 05, 2018, 09:03:28 AM |
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Im not certain about in the event that you are right,because you need to recall that the majority of individuals are doing anything in the web,
not by any stretch of the imagination in view of getting some fun,but for the most part to get some benefit.
That implies they would not give theirself a chance to lose an awesome chance to make money,but in any case little btc players get pulled in by a value unpredictability that btc has
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W4terhouse
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March 05, 2018, 09:06:07 AM |
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It wouldn´t have become that popular like it was last year. In the middle of 2017 a lot of people noticed that there is a lot of money to earn, and so they all started to invest.
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malah
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March 05, 2018, 09:30:25 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 if bitcoin has a stable price then bitcoin remains popular because bitcoin still has the highest price of other coins and I believe the bitcoin price will recover soon |
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Andrej Peiboski
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March 05, 2018, 11:14:30 AM |
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It depends where it would be popular: today bitcoin is very interesting for the speculators due to its high volatility, but it's practically impossible to use it as currency for the same reason.
When bitcoin will have a stable price, it will be more popular between commercial operators but not so much between investors.
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pogiparin
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March 05, 2018, 12:47:09 PM |
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I think not since the profit is not that high. If you define stability as that (plus or minus .1 dollars), then it would be the same as other stock investments.
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danim1130
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March 05, 2018, 12:49:43 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?
Well ofcourse it is and for sure there will be less fee or it is possible that there is no fee at that price for sure. we don't invest in the value of the individual crypto currency right we invest in the idea of it. bitcoin idea is to give easier communication to all people |
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always1337
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March 05, 2018, 01:05:58 PM |
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No i don't think if Bitcoin had a stable price , it would still be popular at all because people actually pay their attentions on Bitcoin cause of the huge fluctuation. Without them i think Bitcoin is nothing left.
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Gheka
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March 05, 2018, 01:42:05 PM |
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The price fluctuation, the value and the function of Bitcoin are the reason make many people want to buy it. If Bitcoin price become stable, no one wants to buy more for investment long term because Gold will be better than and safe than Bitcoin. In that time, Bitcoin can only be useful for international transfer money.
In future we can expect that bitcoin price will become stable and at that time when bitcoin price will become stable people will start using bitcoin for shopping in local shops because of the stable price of bitcoin, they will then put more trust on bitcoin. Even the merchants will start using bitcoin for transaction of money and for so many other purposes. But I think that's not what the user or the investor wants, a steady price just shows that this is a dead investment and not profitable, and of course, when we are not profitable, we do not need to continue investing in it, it just wastes our time. From there, we can think about the collapse of bitcoin, it will gradually go into the past, people will forget it, it will no longer be popular, but I also believe that stable prices are almost impossible when bitcoin is always under the control of large investors, they do not allow it to be stable |
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Wiper228
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March 05, 2018, 02:31:39 PM |
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Most learned about bitcoin due to the high rise in prices last year. A couple of years ago, bitcoin was known only in rather narrow circles
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FoBoT
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March 05, 2018, 02:55:41 PM |
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The ratio at which people will be favored by this if it becomes steady would be lower than the proportionate ratio at which people will go against it, which may however crashes Bitcoin gradually, because so many would say that volatility nature that is bringing futuristic hope in them had died off. As a result, most people will continue to recline or decline their deals in it. While, such scenario may still favor some people especially Government in this regard if they so wish to.
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Cryptophorus Columbus
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March 05, 2018, 04:40:11 PM |
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Bitcoin is liked now from investors, because its huge fluctuations allow a lot of profits for skilled traders; but these fluctuations make it useless as currency.
When it will be more "quiet" and it will have a general acceptance, it will be as any other standard currency.
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CraigShawn
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March 05, 2018, 04:48:17 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?
It will certainly be very popular. Because bitcoin is like gold. And everyone has to buy BTC to hold. So I think the price of BTC will definitely increase rather than stay the same |
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Crazygreek
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March 05, 2018, 05:39:29 PM |
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I don't think so... Many people making money from bitcoin because they trading and they will lose this opportunity. Less people working less popularity
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Topaz72
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March 05, 2018, 08:06:19 PM |
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Most learned about bitcoin due to the high rise in prices last year. A couple of years ago, bitcoin was known only in rather narrow circles
Yes it is true there are a lot of way in bitcoin sometime it move high some this low also it can happen that price get high and low, bitcoin does not have fixed price and it is the attraction for the people who are investing at high level in bitcoin, increasing investment are the hopes that soon we will see the price of bitcoin most high price ever, last year price of bitcoin was increased abnormally then it decreased so people got the chance to buy it and now it is again increasing so investors are very happy for the unstable nature of bitcoin. |
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