If bitcoin prices remain the same until next year, will it be good for the crypt

[bitcampaign]

even it's not the lowest price of bitcoin, but I think it will drop again below $ 6,000, whether it will go to the $ 4000 floor wall to get other support, so let's see it next year

[vv181]

Well, isn't it what everyone expects? Significantly reduce the volatility. I believe it will do more good than harm. Bitcoin stabilizing will make adoption comes, as an example, many merchants will happy about it. However, that scenario won't likely to happen since cryptocurrencies are still at an early age.

[EdenHazard]

Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?

It would be happen in the next few years then bitcoin would be a digital asset, some people will see bitcoin like gold right now. So as they will feel comportable to have it cause the volatilty of bitcoin price is not there. Until now, many people who were afraid to save their money in bitcoin cause the price is always falling and rising dramatically. And also, bitcoin will be made as a payment system, everyone will not have more expectations for the future of bitcoin prices, who already been said by many people bitcoin will have a price of $ 100,000 and so on.

[Impulseboy]

A bit of stability is good in my book as it makes mechants probably want it more, as I assume one of the reasons some merchants don't accept BTC is because of the huge price volatility.

I agree. Whether we admit it or not, buying bitcoin alone requires a lot of money. Money that not a lot of people cannot often afford, but maybe with a lower, stable price it will reel them in?

I am willing to buy more at $6,000 or below, and the Bitcoin with a stable fiat price would make itself become more like  a "stronger" currency and harder to manipulate.

If the price stabilize at $6000 do you think that it will attract more people to start buying bitcoin? Although, what about when the price rise up again?

[Impulseboy]

i don't know about "crypto world" but it is a very good thing for bitcoin at least because of a couple of reasons.
the stability will make the newbies who wanted to become rich with bitcoin overnight to leave the market. in other words the weak hands who FOMO buy and PANIC sell are flushed out of the market and market is cleansed. so the volatility will be reduced even further.
all this stability will make bitcoin be a currency more as people have always been complaining about it and saying it is the reason why they don't use bitcoin as a currency, now they wouldn't have any more excuses.

But if those people leave, will it not be bad for the crypto world because then there will be less users? You are right, though. If the price of bitcoin stabilize and perhaps the price will rise only gradually unlike how the price changes now, then perhaps those who wanted to get into bitcoin will be encouraged to finally use it. What do you think?

That's price stability and IMO, that is actually great since merchants would somewhat reconsider in accepting bitcoin as a payment option. Number one enemy of merchants when it comes to accepting bitcoin is the price volatility. They are afraid that they would lose profits if they hold on to bitcoin for long, and securing a third-party payment processor would also cost them some $$$ on the side. Needless to say, the stagnant price would urge merchants to accept it and see whether it will be better for their business or not.

I was thinking about this, too. If bitcoin price stabilize then perhaps the merchants will start accepting bitcoins. It could very well be the safest way to pay for expensive purchases, right?

[Impulseboy]

That's price stability and IMO, that is actually great since merchants would somewhat reconsider in accepting bitcoin as a payment option. Number one enemy of merchants when it comes to accepting bitcoin is the price volatility. They are afraid that they would lose profits if they hold on to bitcoin for long, and securing a third-party payment processor would also cost them some $$$ on the side. Needless to say, the stagnant price would urge merchants to accept it and see whether it will be better for their business or not.

There are benefits in that aspect - having stable market price. With more and more merchants that might consider accepting crypto as payment, it means, more adoption of the usage of cryptocurrencies. Price volatility is one major hindrance in exhausting bitcoin's full potential in the ecommerce industry.
Thus, it will slowly create high demand of bitcoin in the market, and eventually increase its value.
But you'll never know what the future holds for bitcoin. The price can change easily.

So, if the price of bitcoin stabilize do you think that that could be the start of mass adoption of bitcoin since we are approaching the digital age anyway? Meaning that it may become a "global" currency like everyone hopes it will be someday?

A steady price would be a best case scenario for Bitcoin; however, it would also indicate that adoption has stagnated, which is bad at this point.

How do you think adoption due to price stabilization will be bad for crypto?

[lamcouz]

Regardless of price, best time to buy is when we have money, in the year the crypto price falls and if you feel you have big capital then you can buy it. The most important thing is knowledge, because with knowledge you can determine when buying and selling.

[Ruth Ellis]

Well I think if the price of Bitcoin can stabilize at $ 6000, it will be good for the market. The price doesn't fluctuate strongly which makes people don't worry more about losing money. Besides, remaining price helps Bitcoin become more believable when trading. Specially, the stable price of Bitcoin can make Bitcoin easily trade in the market all around the world.

[Timothy Taylor]

Once the price of Bitcoin remains at around $6000, some investors will suppose that Bitcoin can not make profits more so they will leave out of Bitcoin. That is the bad situation which noone wants to happen with Bitcoin. Bitcoin is to invest; therefore; the price of BItcoin should be fluctuated.

[Laura Evans]

Of course, If Bitcoin remains price, Bitcoin will be to trade but not to invest. No longer, Bitcoin will be popular with transaction ways. Even I concern that Bitcoin will soon become global curren used to purchase goods. Anyway, this way can spread Bitcoin widely in the world.

[Albert211994]

Once the price of Bitcoin remains at around $6000, some investors will suppose that Bitcoin can not make profits more so they will leave out of Bitcoin. That is the bad situation which noone wants to happen with Bitcoin. Bitcoin is to invest; therefore; the price of BItcoin should be fluctuated.

Bitcoin is a currency, and it is better for businesses if bitcoin have a more stable price. Only speculators and those who wanted to get rich quick will be saddened if ever bitcoin reach a state where it is stable in terms of price.

[Dudeperfect]

If the price of Bitcoin the remains same for the period of more than a year then it is definitely a good sign for the crypto industry as it will invite conservative investors and prospective users to get involved with it. However, I don't see such possibility as institutional investors and big whales would definitely try to encash the opportunities arising out of momentum resulting in the volatility in the market.

[jekanmasin]

if it remain maintain then it was not going to be worst. The market will remain stable and other will gain it momentum to make market more strong. The worst thing is if bitcoin are dropping again then it will be bad for all. Stay away if im you.

[sakahayang]

If the price of Bitcoin the remains same for the period of more than a year then it is definitely a good sign for the crypto industry as it will invite conservative investors and prospective users to get involved with it. However, I don't see such possibility as institutional investors and big whales would definitely try to encash the opportunities arising out of momentum resulting in the volatility in the market.

I agree with you, if Bitcoin can be stable with its price, there is a possibility that Bitcoin will become digital money received throughout the country and when all that happens, the value of Bitcoin will become more expensive, because the Bitcoin distribution is limited and users will increase

[senin]

Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?

If the price of Bitcoin remains the same until the end of the year, then I think that in general it will be bad for cryptocurrency. Many will be disappointed and leave to engage in cryptocurrency and the market will decrease in volume. Many investors have now suffered heavy losses and if by the end of the year the market does not rise, the popularity of cryptocurrency will fall. However, on the other hand, such a stable price situation will help to improve the market.

[joshv06]

If the price of Bitcoin the remains same for the period of more than a year then it is definitely a good sign for the crypto industry as it will invite conservative investors and prospective users to get involved with it. However, I don't see such possibility as institutional investors and big whales would definitely try to encash the opportunities arising out of momentum resulting in the volatility in the market.

I agree with you as we all know that the crypto market especially the value of bitcoin cannot remain same for a longer period of time because there are big whales whoa re involved in this field to fluctuate the market situation based on their need and normally they invest in a particular coin to increase it's value and when the users notice the increase in value of a particular coin they tend to invest in that coin which inreturn increases the value more and when it reaches the peak the whales cashout.

[Wulanayu]

I am sure that the price of bitcoin will not be the same until next year because the price of bitcoin is going up and down and what makes prices go up and down is the popes.
You can also see bitcoin history or see the bitcoin market price is always up and down and it happens only a matter of days so I think that there will not be any price of bitcoin at this time will be the same until next year.
bitcoin is now a very popular investment that will make bitcoin even higher.

[Deewhy2]

well! if bitcoin price remain the same until next year people will back off from cryptocurrency because almost everybody will loss hope of bitcoin raising back. a lot of investors have already los and patiently waiting for it to raise up. i thing the only thing that can keep the in blockchain is for bitcoin to raise, poeple are lossing hope.

[BitcoinHunt3r]

Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?

My personal opinion, as long it still stable it is already good for crypto community, what we need to change is market that exchange altcoin to bitcoin so it can circulate and market can move like in past.

[quocsi]

I think it's not good for the electronic money world. We need a development here. Of course, if the bitcoin price stabilizes at $ 6,000, it loses its appeal. Bitcoin attracts investors because it can create surprises in value. So it would not be good for the electronic world if it did not grow.