A stable Bitcoin

[groundcontrol67]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?

Would you buy more Bitcoin?

I would be very content if bitcoin does that, it can start to be used for some of its designed use cases, it is also very good for alt markets as we have seen. It is the best time for a trader right now, at least that's my experience.

[raven7886]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?

Would you buy more Bitcoin?

As an asset, I probably would remove my investments in bitcoin and put them into something a bit more profitable. As a currency and technology, I would definitely keep up with it because stability for bitcoin would mean that it can be used as a currency more openly. People currently worry that if they spend their bitcoin on something, they'll lose out on some value that the bitcoin can potentially have. Similarly, for shopkeepers, they need to deal with the possibility that bitcoin would go down. I don't think it would make bitcoin a better store of value for me since it's not rising, but I would buy more because it will most likely be the currency of use if stability reaches it.

Yes, for anyone who really classifies bitcoin as an asset, then there is no way one would not pull out, but for its real value as a currency, that would still make it very useful. However, unless we do not want to face the real truth, most people see bitcoin today more of an asset than a currency and that scares me, even with the high transaction fees, long time of transaction and all that, I hope this is going to get sustained in the long run.

[harizen]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?

Would you buy more Bitcoin?

Let's say mass adoption already take placed (a literal "mass adoption" where every stores accept bitcoin or something like that) and bitcoin is now more used as a currency than investment, we can only see the actual state of that once we reached that stage.

Will I buy more bitcoin? It depends since Im not really into buying as most of my acquired bitcoins came from my own method. But in such case that I need to buy, it depends on the situation. For example, I need to send money abroad or provinces (local), then sending bitcoin is one of the best less hassle method I can give to them.

[btcmayumana]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?
Would you buy more Bitcoin?

Are it will be real currency for daily using payment? I don't think so. With the issue of fees transfer that is still large, this is not a good business.
However, I still support Bitcoin as storage of value, because it is has been accepted in widespread. With a stable price, we are easier in calculating the money in our wallets.

[gabmen]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?

Would you buy more Bitcoin?

If in case this happens, then probably the altcoin market would flourish. Alts that lag behind btc would see it rise in value, even to the point of challenging the age old btc dominance. Though i doubt that btc would stabilize for a long time since volatility is one of its main features

[fabiorem]

Yes, and I'm going to use more bitcoin to speculate in altcoin markets.

For now, it's only 5% of my stash being used for this purpose.

[dothebeats]

Probably will use it still and will only buy if I want to speculate on the altcoin markets (if that market remained volatile by then). It will also come in handy whenever I want to shop something overseas but don't have any credit cards to use, specially if the site that I'm using does accept bitcoin. But as I see it, bitcoin would never be that calm like 2014-2015 given that the demand for it continuously rises day by day.

[zulkarnaen]

Indeed, the bitcoin price is quite stable will result in the decline of interest of investors and traders to always use bitcoin as a business asset that has given various advantages by utilizing the characteristics of bitcoin, with the price of fluctuating bitcoin would have given the opportunity to benefit from the changes that occur in bitcoin prices .

[Chris314]

Answered yes, keep my fragment of a bitcoin so far, even if its price is stable. I hope bitcoin will be more used in the future so that I can use it directly to buy goods instead of converting it to € and pay taxes.
By the way I don't believe bitcoin will remain stable very long...

[Intersan]

Answered yes, keep my fragment of a bitcoin so far, even if its price is stable. I hope bitcoin will be more used in the future so that I can use it directly to buy goods instead of converting it to € and pay taxes.
By the way I don't believe bitcoin will remain stable very long...

I really do think that it is impossible for bitcoin to have a stable price in the future. We all know that the awareness of bitcoin is maybe known globally but the used and implementation is not worldwide so if ever in the future that many countries adapted bitcoin, the price will surely rise again opposing the stable price. Becoming stable really has a low chance and bitcoin is known for its volatility and this is what makes investing in it riskier and challenging. The demand for bitcoin will surely increase so what ever may happen with the price today, many will still hold as long as they can.

[jtipt]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?

Would you buy more Bitcoin?

If that's the case then I would hold btc only if the other major issues of BTC are resolved like high fees and high confirmation times, then maybe at stable value it could be used as a real currency. But if the confirmation times and high fees remain the same then there is no point in holding BTC anymore, there are better coins to hold then.

[amaydel]

Yes because that's how it and it's natural of bitcoin to be stagnant at certain range of its market price. If i managed to hodl bitcoin in times when it is constantly falling a bit everyday, then there is no reason why i will hodl it at a very stable and high price.

[South Park]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?

Would you buy more Bitcoin?

Not going to happen, do not get me wrong I would like such a thing, it would allow us to get used to the idea that a particular amount of bitcoin is equivalent to certain amount of dollars, but when we see that most people do not have bitcoin then the only conclusion I arrive is that bitcoin will be unstable for decades.

[Wind_FURY]

Probably will use it still and will only buy if I want to speculate on the altcoin markets (if that market remained volatile by then). It will also come in handy whenever I want to shop something overseas but don't have any credit cards to use, specially if the site that I'm using does accept bitcoin. But as I see it, bitcoin would never be that calm like 2014-2015 given that the demand for it continuously rises day by day.

This is the most honest answer we have in the thread so far.

I believe the number "speculators" in Bitcoin will go down once it reaches a point of stability, because what is really the point of holding it?

Many of us have invested in Bitcoin because we know we could sell it for a much higher price, depending on your investment time scale. If you take the possibility of a "higher price" away from the equation then all we have is something like a bank account with no accruing interest.

[hugeblack]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?

Would you buy more Bitcoin?

if bitcoin acting like a real currency with getting less demand. people use bitcoin as an investment more than payment.
Most of the use especially these days try to use bitcoin at least as possible.
Stability means lost money because we pay a very high fee.

[batang_bitcoin]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it. Would you support that kind of stability? Would that make Bitcoin a better store of value for you?

Would you buy more Bitcoin?

If bitcoin will be used as a real currency during these days then that will surely make the demand increased again. But we it's not going to become more stable at $14,000 - $15,000 when it becomes a real currency, we will see it more of it and basically many of us would love to keep our bitcoins. I would buy more bitcoin if there's a need or I've got some spare money but as long as I have few remaining to hold, then I will hold only.

[alisafidel58]

What if Bitcoin started acting more like a real currency, becoming more stable on the $14000 to $15000 level without veering too much away from it.
Would you support that kind of stability?

Definitely yes, a more stable bitcoin price gives me and other traders to think carefully when to do trade, unlike the recent bull run thinking when to sell and buy was a pain in the head.

Would that make Bitcoin a better store of value for you?

Of course it wont be a great store value because of the stable price but the effect on having a stable price gives bitcoin a much wider reach range, companies can know trust bitcoin to be put in their system as a source of payment which will be good to other bitcoin users.

Would you buy more Bitcoin?

Nah, buying more wont be essential for me, im happy to what i can trade in the market if bitcoin will have a stable price.

[GloriousDonkey52]

If the bitcoin stabled its price then it will lose a lot of traders and investors. Because bitcoin will not be much profitable anymore. Although it will encourage businesses to use bitcoin as payment process, it will surely strip down a lot of investors.

[abuge04]

Well As a newbie I really think if bitcoin price will be stable maybe the bank will accept it as a currency and they would want to make a prior exchange because there are a stability and sureness for the price they can get and they are sure that there will be no sudden drop on the price and fear of the bubble now that there are stability with the value, but investors and bitcoin enthusiast will not like it because they have gone to bitcoin because of the crazy pump and fluctuation over it's value.

[Denker]

If the bitcoin stabled its price then it will lose a lot of traders and investors. Because bitcoin will not be much profitable anymore. Although it will encourage businesses to use bitcoin as payment process, it will surely strip down a lot of investors.

No it won't. Does fiat currencies fluctuate a lot? No! And still the forex market has a daily volume of $4-5billion. Because of leverage!
If Bitcoin would become much more stable the same would happen here. More leverage would be offered by exchanges.