If Bitcoin were at a constant price, more people would use it.

[yeponlyone]

If Bitcoin were at a constant price, more people would use it. I think this is the case cause only if it is CONSTANTLY $200 or constantly $50, will people use it to store value. If it goes up and down then people lose too much money trying to control their own funds and will lead to them using banks (). Oh well..

[avw1982]

I agree. The prices is to instable for a lot of companies to accept it. Better a lower price with lower flucuations insteed of a lifetime rollercoaster.

[Purple Wayne]

Not necessarily. The fluctuations in price are what make it attractive to speculators and investors. If it remained stable none of those people would be interested. With that being said I personally think it will stabilize at some point in the future but the current fluctuations are good to get newcomers involved and for early adopters to make some money from it.

[stingers]

No. I disagree. Its the price fluctuations that make it attractive and not stability.

[tadakaluri]

If Bitcoin were at a constant price, more people would use it. I think this is the case cause only if it is CONSTANTLY $200 or constantly $50, will people use it to store value. If it goes up and down then people lose too much money trying to control their own funds and will lead to them using banks (). Oh well..

I agree 100% with you. Atleast not this much of volatile.......

[yeponlyone]

I agree. The prices is to instable for a lot of companies to accept it. Better a lower price with lower flucuations insteed of a lifetime rollercoaster.

My thoughts exactly.

[yeponlyone]

No. I disagree. Its the price fluctuations that make it attractive and not stability.

Attractive to day traders not ACTUAL users.

[herzmeister]

we're still in the early value determination phase. it will stabilize.

[dunand]

we're still in the early value determination phase. it will stabilize.

Exactly.

[amaclin]

If Bitcoin were at a constant price, more people would use it.

1) Constant price with USD? Euro? Russian Rouble? Argentine peso?
2) Who would be responsible for it?

[Solange]

If Bitcoin were at a constant price, more people would use it.

I don't think this is true. People may have more faith in it as a currency and won't be scared off by price collapses but there's a lot of people buying bitcoin to capitalize on the fluctuations etc.

we're still in the early value determination phase. it will stabilize.

Exactly.

I hope you're right.

[amaclin]

we're still in the early value determination phase. it will stabilize.

Exactly.

At zero 

[yeponlyone]

we're still in the early value determination phase. it will stabilize.

Exactly.

At zero 

+$250 is my guess.

[yeponlyone]

If Bitcoin were at a constant price, more people would use it.

1) Constant price with USD? Euro? Russian Rouble? Argentine peso?
2) Who would be responsible for it?

Id say with USD. Of course it would still fluctuate.
2) the market!

[newIndia]

If Bitcoin were at a constant price, more people would use it. I think this is the case cause only if it is CONSTANTLY $200 or constantly $50, will people use it to store value. If it goes up and down then people lose too much money trying to control their own funds and will lead to them using banks (). Oh well..

For every property, there is a market for it. If Bitcoin price were static, then there were no Bitcoin trader.

[Q7]

Other than people, it would also lead to more businesses using it. Perhaps the idea is not towards a constant, fixed price like what you think... a little fluctuation would be enough to give businesses more time to react and decide whether to hold on to the coins. Currently a $50 dollar or more changes in just 24-hour period is not exactly the ideal scenario on what we like to see happening.

Good for traders and speculators but not for businesses.

[TalkTalk]

I assume it doesn't matter much how volatile the price is for businesses, provided that they accept payments in Bitcoin, but state them in USD or EUR (or else) and then convert the coins to their currency. I mean, if it functions as a payment method, but not a currency, it's more or less okay for anybody.

But I agree, it can real get scary with these fluctuations

[heskey]

We need investors at the moment so the price wobbling is a good thing.

[OhMyCoin]

we're still in the early value determination phase. it will stabilize.

Exactly.

At zero 

+$250 is my guess.

Although we are just speculating here, but this would be my guess as well.

[kolloh]

The volatility is good for investors/traders but not for average folks who are looking to use it to make purchases with. I agree that some sort of stability is needed fore more adoption. The risk of losing value by storing in BTC is not appealing to the masses.