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Topic: If Bitcoin had a stable price, would it still be as popular? - page 101. (Read 171764 times)

sr. member
Activity: 364
Merit: 250
In my opinion, Yes. Bitcoin will still be popular even though it is stable because that is what businesses likes. In that scenario i think bitcoin will be used and be adopted by many stores physically because they didn't have to worry about getting negative profit because the price is stable and not volatile like now.
I agree with you, one of the reasons people are still afraid to use bitcoin because volatility is very high. but this is what makes many investors come into the world bitcoin. if the price of bitcoin is stable then it will probably lose most investors but likely to get the attention of merchants and ordinary people.
hero member
Activity: 882
Merit: 500
In my opinion, Yes. Bitcoin will still be popular even though it is stable because that is what businesses likes. In that scenario i think bitcoin will be used and be adopted by many stores physically because they didn't have to worry about getting negative profit because the price is stable and not volatile like now.
I also thinks the same because in the Bitcoin not only the persons who are making money through hold Bitcoin but here most of the persons are making money from the trading with altcoins  which is mostly problem with the Bitcoin transaction , So use of the Bitcoin will remain about 80-90% stable .
And also most of the people are using Bitcoin for the payment purpose and for online gambling fun .
So the Bitcoin will remain famouse even after the price got stable .
hero member
Activity: 994
Merit: 502
In my opinion, Yes. Bitcoin will still be popular even though it is stable because that is what businesses likes. In that scenario i think bitcoin will be used and be adopted by many stores physically because they didn't have to worry about getting negative profit because the price is stable and not volatile like now.
Bitcoin will continue to be popular if price stands stable for a long time. Several banks have come forward to use bitcoin into their financial system. This too is an support to the digital currency users that it won't fall down. When stability becomes a concern small margin change provides the profit to its users. So the user base will continue to increase.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
In my opinion, Yes. Bitcoin will still be popular even though it is stable because that is what businesses likes. In that scenario i think bitcoin will be used and be adopted by many stores physically because they didn't have to worry about getting negative profit because the price is stable and not volatile like now.
full member
Activity: 238
Merit: 100
I think bitcoin popular because of the advantages and benefits that it provides than other currencies or other cryptocurrency and bitcoin as the first cryptocurrency natural that many know and be pupoler

I'm sure it will be abandoned, remember, the thing that makes very interesting bitcoin is not popular only, but profitable opportunities. If everything stable course users will be using bank and credit cards.
hero member
Activity: 798
Merit: 500
But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.
he number of bitcoin do not decreases but it is increases and the value of it increases with time it is not that bitcoin decreases in number but it is because the users of bitcoin increases with time and because of it the demand of bitcoin increases.
sr. member
Activity: 434
Merit: 250
Bitcoin price is not stable. Is very unstable, but everytime btc can make me happy.

Viva lo btc
legendary
Activity: 3514
Merit: 1280
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But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes

Yes if the price stable means the traders will lose interest in trading and trading market will go down. But if the price stable at a high price the other business will improve a lot and the bitcoin will become more popular. If it is stable, then investors will make a nice profit. And this year we can not predict what will happen in bitcoin price coming days it may go up or it may fall

That's unlikely to happen

Major fiat currencies are by far more stable than Bitcoin overall, but there is still a huge currency market called Forex with its trillions of dollars daily volumes (apart from currency derivatives). There are many tools available to traders for established markets, and these tools are now emerging in Bitcoin markets (i.e. exchanges) as well. If prices turn flat or flatter and you are not quite content with the volatility, you could always try trading on margin, thereby you might be able to squeeze more profits from smaller price changes (and suffer grater losses as easily)
sr. member
Activity: 686
Merit: 253
But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes

Yes if the price stable means the traders will lose interest in trading and trading market will go down. But if the price stable at a high price the other business will improve a lot and the bitcoin will become more popular. If it is stable, then investors will make a nice profit. And this year we can not predict what will happen in bitcoin price coming days it may go up or it may fall. 

I think the stable price means there is small volatility, it might rise gradually every year.


It will still be popular because in the long term it can be a good investment. Considering the little margin of 0.01-0.10 by the OP its possible to amass significant gains in 30 years and so people would prefer to invest in that than treasury bills.
newbie
Activity: 25
Merit: 0
But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes

Yes if the price stable means the traders will lose interest in trading and trading market will go down. But if the price stable at a high price the other business will improve a lot and the bitcoin will become more popular. If it is stable, then investors will make a nice profit. And this year we can not predict what will happen in bitcoin price coming days it may go up or it may fall. 

I think the stable price means there is small volatility, it might rise gradually every year.
legendary
Activity: 1456
Merit: 1005
But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes

Yes if the price stable means the traders will lose interest in trading and trading market will go down. But if the price stable at a high price the other business will improve a lot and the bitcoin will become more popular. If it is stable, then investors will make a nice profit. And this year we can not predict what will happen in bitcoin price coming days it may go up or it may fall. 
full member
Activity: 181
Merit: 100
But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes
sr. member
Activity: 434
Merit: 250
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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?

Well as of this time bitcoin is becoming popular now, what more if in the next few months the people who is using bitcoin will be triple as well as the worth of the bitcoin will increase, we do not know what will happen and knowing our technology today its so fast just click it then all what you need its now in the front of you. That's why what I have now in bitcoin i will take care of it and I know eventually all the efforts will be all worth it.
hero member
Activity: 2464
Merit: 594
But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.
sr. member
Activity: 280
Merit: 250
I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.
Yes, Bitcoin will be a big name on the industry because as I can see now, the percentage of the people who's using bitcoin is increasing, what more if this bitcoin will have a high and stable price. I know people will be curious about this especially because its creating money.
hero member
Activity: 1022
Merit: 521
i think different people have different mentality about that, according the investor who invest their money in bitcoin for price increase that if the price of become stable then people will lose their interest interest to invest money here. while according to trader, that people will only convert their assets in to bitcoin if the bitcoin price will become stable, because they do not want to put their money in risk if their is a lot of fluctuation in the price of bitcoin. i think. the trader can only use the facilities of bitcoin if its price is stable.
I don't think so that traders want bitcoin to have a stable price because they can make profit in trading just by making prediction of prices. For me, popularity will be lessen once BTC begins to have a stable price, investors will start to leave.
But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
hero member
Activity: 826
Merit: 502
If bitcoin was less volatile it probably would already be in most people portfolios, accepted by most stores and so on. The problem is with all the traders that make the price do insane things on the daily which make bitcoin seem like a very scary investment to most people.

Don't get me wrong, BITCOIN is a scary investment if you dont believe in the cause and just want to make a couple bucks off of it. I do pray that one day bitcoin will be at a stable price so it can gain worldwide usage.

Traders don't do insane things on a daily basis with the bitcoin market. It's just after a couple of weeks when the price gets some significant movement. Most of the time the price is just moving for a couple of dollars up and down. And then there are times when the price is just moving slowly downward or upward.

Actually, even without all those "scary" movements, people would still be doubtful because money is involved in bitcoins. They would always ask you "What if...." and they would never stop even if you give them a pretty good explanation.

I'm not like you. I'm praying that the price of bitcoin would never be stable because the price fluctuation allows us to make money from it. The more bitcoins you have and the better your timing is, the more profit you'll make from it. Take advantage of it instead of looking at it as a problem.
hero member
Activity: 1666
Merit: 502
I think bitcoin popular because of the advantages and benefits that it provides than other currencies or other cryptocurrency and bitcoin as the first cryptocurrency natural that many know and be pupoler
hero member
Activity: 1190
Merit: 500
For many Bitcoin is not a tool for investment, and convenient way to send savings without commission. I think Bitcoin in any case will be popular. But, of course, not so much.
bitcoin in use for many things such as investment and currency, when investments become less profitable because the price to be stable, certainly popularity bitcoin will be reduced
sr. member
Activity: 490
Merit: 251
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If bitcoin was less volatile it probably would already be in most people portfolios, accepted by most stores and so on. The problem is with all the traders that make the price do insane things on the daily which make bitcoin seem like a very scary investment to most people.

Don't get me wrong, BITCOIN is a scary investment if you dont believe in the cause and just want to make a couple bucks off of it. I do pray that one day bitcoin will be at a stable price so it can gain worldwide usage.
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