A stable Bitcoin

[Ailmand]

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.

I agree, because it would be totally nonsense to hold on to it, since you know, theoretically, that it would not increase in value anymore. People hold onto their bitcoins with the hope that it would increase in value, even during that times when it's stable and is not at pace to increase even after a few months. However, I don't think that that can happen because one feature of cryptocurrency is the fact that it's volatile and that so many market trends could affect its price value. Having it go up or down at any point is what makes the market quite active.

[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?

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.

On the contrary, I believe traders will move away from Bitcoin trading and go to more volatile altcoins for trades.

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.

On the contrary again. Bitcoin will become a better store of value because it is stable. Who would want to store their savings in Bitcoin if it is up 20% one day and down 20% the next day? That is not a good characteristic of a store of value.

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.

Why? What is making you avoid buying more "stable Bitcoins"?

[BillCoin]

Most of the people  who buys bitcoin do it for speculation, if bitcoin price will remain stable, then all the people that bought it for speculation reasons will simply forget about it and won't use it.

Price increases also gain attention from media which makes the usage of bitcoin even bigger, and helps the community of bitcoin to growth.
If the price will remain stable, people won't hear about bitcoin from news sites, and then our community won't grow , the currency won't get mainstream attention and there is simply no reason that it will become a global currency any time soon.

TLDR; price speculations are important for the community growth.

[rickadone]

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.

It is apparently not going to be something we would expect.
The huge increase is normal to happen as the adoption keeps increasing which fuels in more demand than supply and having a value at just a specific range should not be expected. Nevertheless, even if this happens, I would still always buy bitcoin since it still solves a lot of problem when it comes to payment both locally and internationally.

[ha_ham_bk]

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 We should hold btc rightnow

[nl247]

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?

Firstly, you have to understand that bitcoin is an uncontrolled environment, so the chances of seeing bitcoin act as a fiat currency is not there. However, even if bitcoin gets to a stage where we may end up seeing a little bit of fluctuations here and there without some huge bullish or bearish trend, that would even make it more interesting as we will then get to see people who will use it for the real value of it and not just hold it as an asset.

[South Park]

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.

Yeah, those days are long gone, from now on we must get used to the idea that almost everyday bitcoin is going to go up and down hundreds or even thousands of dollars, those days were very good from the point of view of stability but from the point of view of profits, 2017 was one of the best years.  

[lili song]

Most of the people  who buys bitcoin do it for speculation, if bitcoin price will remain stable, then all the people that bought it for speculation reasons will simply forget about it and won't use it.

Price increases also gain attention from media which makes the usage of bitcoin even bigger, and helps the community of bitcoin to growth.
If the price will remain stable, people won't hear about bitcoin from news sites, and then our community won't grow , the currency won't get mainstream attention and there is simply no reason that it will become a global currency any time soon.

TLDR; price speculations are important for the community growth.

Bitcoin price not stable yet, because of that the price will increase fast. I sure bitcoin price will shine every years.
If the price stable, I think the price will not increase fast. Now bitcoin demand and supply still high in the market now.

[Protected101]

Bitcoin price must be not stable because due to its flactuating price that was cannot be happen .If that would happen bitcoin would became worthless if is going to be stable and it has no value.Our community grow because of the increasing price and if it was rapidly increase our demand was resulting a growth in bitcoin.

[wuvdoll]

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.

Hmm. I guess we will have to see how this goes in the next few days. Having bitcoin at around that value does not seem like something that would even happen anytime soon. Yes, we may see most of the big exchanges are the biggest tables, but one thing I am pretty sure is that, if the protocol is truly worked on and the LN solving the scaling problem, the whole currency idea of bitcoin would become realistic.

[OrangeSeller]

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 so happy to hold it. Probably that would even bring back sanity into the market rather than the way we keep seeing the rate at which some people just keep popping into bitcoin with the mindset of getting rich quickly which is making the whole huge increase in price to seem more like a bubble even when there was no huge reason to see the price being driven that hard.

[Mind Control]

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?

In order for that to happen, the buy and sell of Bitcoin should be balanced as well as supply should be proportional to its demand. We all know that it will never happen since Bitcoin is decentralized. Nonetheless, saying that Bitcoin would stabilize and behaves more like a currency, many will still buy Bitcoin. However, transaction-related issues should be considered and addressed first. Bitcoin is a good way of having money transactions but if the transaction fees will keep on increasing then Bitcoin might become worthless for some.

[richardsNY]

Bitcoin price must be not stable because due to its flactuating price that was cannot be happen .If that would happen bitcoin would became worthless if is going to be stable and it has no value.Our community grow because of the increasing price and if it was rapidly increase our demand was resulting a growth in bitcoin.

If there isn't volatility Bitcoin at worst would attract less money, but it by far won't become worthless. On top of that, nothing in the world is entirely stable, and likely never will be. Bitcoin at some later point will definitely lose its aggressive ups and downs, but not the the extent of becoming stable like stocks and whatnot. At least, that's assuming the majority of the circulating coins won't be bought up by institutions. If they become major share holder, and especially in a market subject to strict rules, they will control it entirely. Some people believe it's just a matter of time before it's going to happen, but we'll see how things will play out.

[blitz18]

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?

In order for that to happen, the buy and sell of Bitcoin should be balanced as well as supply should be proportional to its demand. We all know that it will never happen since Bitcoin is decentralized. Nonetheless, saying that Bitcoin would stabilize and behaves more like a currency, many will still buy Bitcoin. However, transaction-related issues should be considered and addressed first. Bitcoin is a good way of having money transactions but if the transaction fees will keep on increasing then Bitcoin might become worthless for some.

Bitcoin price always to happen to fluctuates, if it stable the price would suddenly dump because of less in demands. Yes it is decentralized and as we can see these days the market it is volatile. Price wouldnt stable and we can see the increase its value.

[Duzter]

Bitcoin price must be not stable because due to its flactuating price that was cannot be happen .If that would happen bitcoin would became worthless if is going to be stable and it has no value.Our community grow because of the increasing price and if it was rapidly increase our demand was resulting a growth in bitcoin.

Price stability is important, but when we think of the bitcoin the fluctuating nature is the one that makes it more popular as well people get involved into it. If it is stable as other assets, sure it could have never reached such a state as now. Because through the fluctuations people get different earning opportunities which is not possible if it is stable.

[Fippy]

It will never be more stable than fiat money, because we will always know that $1 is, and will always be equal to one dollar, doesn't matter what. But with cryptos, that price is constantly changing, that is why it is difficult to follow it, but we all would love to have a financial system working with cryptos, of course

[Happiest]

As a trader, I might be skeptical of holding it because I want to see it out to my buyers but as an investor, I will be holding it since its an asset to me just like gold, diamond or land seems to be.
But the thing is, bitcoin price will not be that stable as you may expect. Bitcoin is technology and anything that has to do with technology will always need, updating, improving, remodeling or so. When there are updates, the value of Bitcoin spur and so does the price.

[BillCoin]

Bitcoin price must be not stable because due to its flactuating price that was cannot be happen .If that would happen bitcoin would became worthless if is going to be stable and it has no value.Our community grow because of the increasing price and if it was rapidly increase our demand was resulting a growth in bitcoin.

Why is it going to  become worthless if it becomes stable?
It just shows how deep we entered a bubble mode, as most of the people buys bitcoin just to earn money and they are not directly interested in the technology, nor they know something about.

Bitcoin price should be determined by it's technology, I don't believe it will become worthless as there are still people that are interested in the technology and are not speculators.
If you are a speculator you are not giving anything for the bitcoin community anyway so we actually won't lose so much if you go.

[South Park]

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 .

This is a mistake, we may lose speculators but we will win the long term investors over with more stability and while speculators have huge pockets the pockets of retirement funds and the like are way bigger so there is always going to be people interested in bitcoin as long as they can make money.