A stable Bitcoin

[Wind_FURY]

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?

[BrewMaster]

that is not going to happen for years since the adoption is not stopping. it will continue to grow and with it price will grow and remain volatile. the volatility is reducing though.

and if it becomes stable, it becomes more like a currency but the fees are still high which will be harming that. so unless fees come down, stability of price is not going to do anything for bitcoin in my opinion.

[TERA2]

it could go sideways for a couple years but it  would probably be at around 6K or 8K and not 15K. The sideways action is fueled by being in a bear market and were not in a bear market at 15K. Bitcoin will not trade like a real currency - the tx fees are too high. Since silk road went down it has never been and never will be a currency. It is a gambling game where coinbase bitfinex, poloniexx, and bittrex are the biggest tables.

[Toxic2040]

Only if the user base stayed exactly the same. No increase of velocity, no more adoption curve....heck lets just tether everything..   

-off topic-

It is a gambling game where coinbase bitfinex, poloniexx, and bittrex are the biggest tables.

Hah..I got caught sideways on a XLM trade at bittrex today as the price spiked...bought almost right at the top at .000053ish. Collapsed soon as I dove in down under 48 and I thought great. Within a couple minutes someone with well over a 100 coins blew it all the way up past 63 where I stepped out.

Nothing like a day at the casino without ever leaving the comforts of the bunker.

[player514]

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.

[davis196]

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?

This question is asked before,but it`s still interesting.If the bitcoin price becomes stable,i`m sure that the big army of HODLers will stop holding their btc and start selling them.The increased market supply will push the btc price down,but it will reduce the volatility as well.I think that one of the main reasons for the high btc volatility is the increasing number of HODLers.This reduces the total bitcoin market supply and every change in the market demand has a bigger influence over the btc price.

[arpon11]

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?

stability is what this market need and and bitcoin fluctuations and the current volatility make it to look like stocks and security. We need stability for bitcoin to be adopted as a store of value and medium of exchange for goods and services.  Many retail and wholesale stores are afraid of using bitcoin because its price fluctuate a lot and it has never been stable. However I don't think bitcoin is going to get stable at  $14,000 to $15,000 because there is a lot of uncertainty in the market.

[stompix]

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 love how people are always thinking of stability that stability this....
Price of gas is all over the place, price of butter went 300% this autumn but no, bitcoin should be stable and we will have to draw a value for it and keep that value in place!!!!

Why??
Why should be get rid of the laws of demand and offer and turn this into some commie regulated stuff.

This saga about stability should really end.It started in 2013 and it's about time we put a stop to it.
A growth of close to 1000x in 5 years is proof enough volatility does not affect usage.

[HeRetiK]

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?

Sure. Assuming scaling gets resolved we'd finally have a truly global currency. A means of online payment that works on a supranational level between private individuals, not just businesses and consumers.

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

It depends.

If you're talking about the BTC exchange range staying the same for the next 10 years, no.

If you're talking about BTC retaining its purchasing power, without losing or gaining much, definitely.

Would you buy more Bitcoin?

Wouldn't buy. Wouldn't sell. Would just... use. I don't buy USD or JPY either, unless I plan to use them.

[mx667]

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?

Stability is what this market need and and bitcoin fluctuations and the current volatility make it to look like stocks and security. We need stability for bitcoin to be adopted as a store of value and medium of exchange for goods and services.  Many retail and wholesale stores are afraid of using bitcoin because its price fluctuate a lot and it has never been stable. However I don't think bitcoin is going to get stable at  $14,000 to $15,000 because there is a lot of uncertainty in the market.

If I think I'll be confused because my goal is to invest Bitcoin and double my money. I have not been able to invest in gold and land, so a middle person like me can only invest in Bitcoin. But actually there are some types of people who hold Bitcoin. For example like the rich, there are rich people who keep Bitcoin only for transactions only. So they will not care about Bitcoin price increases and will continue to use Bitcoin for transactions. That's because the transaction uses Bitcoin is fairly easy because it only involves barcode on the smartphone only. On the other hand, there are people who save Bitcoin because they believe that Bitcoin could be the currency of the future.

[NeuroticFish]

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 more than happy if Bitcoin remains at current levels and I will know for sure it not fall, even if this would "cost" that it will not rise either.
It means a great store of value, it means a reliable COIN  (especially after LN), I would just love it. Of course, it's a hypothetical case, since Bitcoin will fluctuate a lot in both directions (and I expect it to go much higher too).

I may not buy more Bitcoin, I am not rich enough for that, but I'll surely continue to earn Bitcoin.


Edit: this also means that, in your hypothetical case, if "tomorrow" inflation occurs and USD will worth 2x less compared with EUR, JPY, gold.., then I expect Bitcoin to become $30000.

[bitbunnny]

Stability of Bitcoin is just appearance. Maybe at the moment that the price is rather stable at current range between 13500$ and 15000$ but this can change any time so don't interpetrate this in wrong way.
Volatility is natural feature of Bitcoin and something that enables trading profit and attracts investors.
Although some people would like Bitcoin to be stable and that would influence on biger confidence, especialy of businesses long term this is not possible.

[shesheboy]

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 this will only the way to make bitcoin more accepted and popular then yes, i will still support it but i guess these will also have a bad effect to some us that wants to earn as much income as possible in the form of trading or investing because we all know that volatility is the one that drives bitcoin to become a super charge coin and can make him a profitable one among others. however  i think 14 to 15k dollars is good enough rather than we keep seing bitcoin to decrease more and more.

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

no but it will make him a better choice as a payment method to some online shops and also in offline usage.

Would you buy more Bitcoin?

in my case no, i wouldnt still buy it because im not an investor nor trader rather im just an earner and spender.

[Denker]

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?

Stability at this level would mean some kind of suppression is happening. Probably to pump shitcoins, dump them afterwards and buy Bitcoin with it. Then moon!
No way this is the absolute top Bitcoin will have ever seen and suddenly starts to stabilize. That's not how a fixed, deflationary token naturally acts when the global demand is increasing every year by retail as institutional investors and more and more financial products around it are getting created.

[Drixy]

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 know it wont happen but incase it happen i would certainly sell my Bitcoin and look after my future and spend it slowly. But i know it wont happen if all miners would not work, I would prefer a bank or some credit/debit cards for my saving and not on Bitcoin its hopeless to have that in a bitcoin wallet if you cant spent all those on some things cause bitcoin is still not world renowned and only little are allowing bitcoin as a payment.

[1Referee]

I am a trader, so I like the volatility, and with me millions of other people, but I won't mind stability either. If we have Lightning Network running, and a stable price that will slowly but surely increase throughout the years, I would even start thinking about getting my employer to pay me in Bitcoin completely. I would gladly ditch banks and whatnot, but it's more a wishful thought rather than something I can see become reality. Regardless of how much regulations we go through in the coming years, the free market nature of Bitcoin will always be present, and for that reason not completely reliable to have as sole income source. I have bills to pay, and that's something that requires me to have a stable currency, which fiat is doing well in that regard.

[AjithBtc]

When it becomes more stable automatically small group of people will show interest and the people who are showing high interest at present might go in search of something else. Because, people love the instability which is the risk, same time the instable nature is the one that provides the best profiting.

[akram143]

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 think bitcoin price will not be stable ever because the availability of bitcoin is very less when compared to USD or other fiat currencies,so littele change in the demand will change the prices of bitcoin.For instance if the price will be stabled the people show less interest on bitcoin because people are considering bitcoin as an asset and they want to make profits from it.

[audaciousbeing]

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?

Personally, I wont hold for too long when it is confirmed that price will not go beyond certain point and eventually this is what will happen in the long run when the penetration of bitcoin would have reached a point where everybody now holds and uses it by then, only major events will cause shift in price level. But that does not mean bitcoin would thereafter be useless, it would mean it would then function as measure of value and and medium of exchange rather than store of value which is mostly used for in today's world since it expected to increase in other to generate more income.

However, this also comes with its own advantage because it then mean a lot of organisations, credit rating agencies, multi-nationals, insurance houses etc can then rely on it to make their own financial decision since volatility is to the barest minimum.

[NavI_027]

I think this kind of situation will matters only for those traders and investors out there because their earnings depends on bitcoin's volatility, if it's price become more stable then traders/investors might becomel less motivated because they knew that the chance of earning big will be lessen

I'm not threatened at all if that ever happened (but I think it would not)  becauae I believe that I will not be directly affected by that stability since all of my btc earnings just came from the rewards I've got in signature campaigns. As long as I'm able to earn whether big or small one, I'm already contented.