Topic: If Bitcoin had a stable price, would it still be as popular? (Read 171772 times)
I think he would not be so popular. This is evidenced by the popularity of inquiries in Google, when the price was high? request bitcoin was written much more often.
I dont think that the bitcoin price will become such popular as now because why would people invest into something that cant rise i dont think that would be popular enough.
Stability may not help the popularity. Come to think of the coin Xaurum which its value is almost $500, the price don't move much a day and that makes users back away for trading with a coin which the market price don't fluctuate much means lesser trading profit.
I think yes and no. If Bitcoin quires stable price, then Bitcoin will be used as a reserve currency. On the other hand, if the price is stable, it will cause a decline in interest from speculators, I think so. At least to me it would be in exactly the.
If it stabilizes it will probably reduce the attractiveness of investors entering the Crypto market. So I do not expect that BTC will be stable. Some investors buy BTC just hope that their prices rise to profit. But with price stability, the Crypto market will no longer be attractive.
Bitcoin currently is much stable than it used to be before. The daily averages are often have less variance than it used to 2 years ago. Considering this, it's still popular as of now and the adoption and awareness is increasingly getting popular. I've noticed that exchanges are being setup in various countries and people are learning the benefits of a decentralized currency.
Well, I think. Those investors may be the guilty of the bitcoin bubbel that made bitcoin reach 1000 dollars and then collapse into small values till it really reach the real value on the time, bitcoin could had became a bigger sucess if the price were a bit more stable, even not reaching the 1000 dollars, without be ready, nowadays we do see bitcoin has a strong support and it may change 50-100 dollars, not unrealistic values as in the past.
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
yes it will still be as popular as we know but eventhough bitcoin price is not stable this would be more popular now and also many investors that investing into it so i think bitcoin is more popular now eventhough the price is not stable..
The thing is some people invested into bitcoin because the huge price achieved for something very new, the 1000 dollars bringed huge investment into bitcoin. The fluctuations around bitcoin were the main reason people close their positions or took their savings and camed to bitcoin.
I think yes and no. If Bitcoin quires stable price, then Bitcoin will be used as a reserve currency. On the other hand, if the price is stable, it will cause a decline in interest from speculators, I think so. At least to me it would be in exactly the.
If bitcoin had a stable and stocked value i think it would not be able to catch the investors or will not be popular as now. Do you think they would invest on something that is not moving ? Growing ? And improving ? Of course not.
Maybe yes if the price of bitcoin will not very low, it can be popular if the price can can manage the prices of the things now; if the value of the money can be useful.
For me because of its impressive spike of its price, it becomes popular. People become interested to it. If its price is stable it will still be popular but not the way it did nowaday.
For sure the fame and the popularity of bitcoin will never get fade, people ;love bitcoin in all the ways, if the price of bitcoin will be stable even then people will use bitcoin as if type will not use it for investment then they will use it for payment only, as bitcoin is very good way for online payment and it is very easy to get fast delivery for online order, so bitcoin still have attraction and it will be use by everyone who know about the use of bitcoin for sure. If the prices is steadily high (from $1000 and above), then it will be popular as savings. But if the price is low, then popularity won't be obvious.
I think perhaps if bitcoin has a stable price and not as volatile as it is now, it will not be as controversial and popular as it is.The reason why bitcoin is very talk about today is due to its unpredictable and unstable price. It gains people’s attention and they become curious about it. Somehow, bitcoin’s unpleasant characteristic helped in maintaining its popularity.
If the prices is steadily high (from $1000 and above), then it will be popular as savings. But if the price is low, then popularity won't be obvious.
I to believe that bitcoin prices are now stable. so for me bitcoin will be more popular again, and bitcoin future is brighter. because now more people are investing in him.
I think if ever Bitcoin has already an exact amount and this remain to be stable, I think in some manner, Bitcoin might be popular as well in a sense that people will still be interested into it because of what it can give and provide. Bitcoin I think will be popular as it is if ever the price was attractive to people just simply support it and go beyond with it.
Yes. I think it would be an amazing way to store your money. If could safely have your money in your computer, without any fear that it might lose value, definitely. Just have to make sure to back it up.
like any other investment class, before cryptos can reach a high level of adoption, price fluctuation is inevitable and actually good for the growth and development.
It takes hard work and a good marketing strategy if the bitcoin price is stable like paypal, I'm sure everyone is bored and would never be interested to invest bitcoin if the price is stable because there is no benefit whatsoever if the price is stable.
I guess it will not popular just like it is now. I would rather use paypal.
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