Alternative investment with stable price can be very popular between investors,that situation what we have now is best possible,trading is stable and price is rasing,bitcoin like a save heaven it is like joke of the year
If bitcoin price will be stable more merchant will accept bitcoin and bitcoin will be more in use
Topic: If Bitcoin had a stable price, would it still be as popular? - page 102. (Read 171736 times)
February 03, 2017, 05:05:19 PM
February 03, 2017, 04:10:20 PM
A lot of people are getting into bitcoin because of price fluctuations. Unstable price is good for promoting, but we should remember that bitcoin has another values as well. It is very convenient and cheap way to tranfer money internationally, to pay online for little tasks because bitcoin can be divided into smaller parts (satoshi).
So if the price become stable it would be easier to adopt bitcoin and probably more people will used it.
Big players, like fiverr for example, will introduce bitcoin payment feature and their users become aware of bitcoin benefits. Currently, they locked possibility to pay for services in bitcoin. I think the reason is changeable price.
So if the price become stable it would be easier to adopt bitcoin and probably more people will used it.
Big players, like fiverr for example, will introduce bitcoin payment feature and their users become aware of bitcoin benefits. Currently, they locked possibility to pay for services in bitcoin. I think the reason is changeable price.
February 03, 2017, 03:57:59 PM
People got interested because of price, very few understand and value the true meaning of decentralization. So for now the rise in price is the key
February 03, 2017, 03:54:24 PM
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.
February 03, 2017, 03:49:46 PM
If bitcoin had a stable price around 200-300 dollars or till 500 dollars it would be better, as almost all people would afford to buy bitcoin and use it, nowadays bitcoin has becames very expensive for the most, soo with all the potencial and halvings to happening we will see the most small holders just dumping their coins, while bitcoin will be like an exclusive currency for rich people.
February 03, 2017, 07:13:13 AM
Someone want to be a stable price for a bitcoin for their expectation of earning process that how much we earn and when.
There is nothing you need to find the bitcoin price to compete with the earning bitcoins. I think we need to manage the money and invest on a right place to make bitcoins. If see bitcoin value is volatile. Of-course its volatile at every time but you can most of the you can see big pumps and little dips. It will not affect the earnings.
And xIIImaL is write that what he is saying because the down in the price usually recovers its down graf within one to two months but mist probably the price graph of bitcoin price jump to the highest peak to remain stable for long time .
So here the popularity will not go slow down if the price of bitcoin remain stable because there are numbers of categories that's ate available to choose to make profit through bitcoin .
February 03, 2017, 06:58:17 AM
Someone want to be a stable price for a bitcoin for their expectation of earning process that how much we earn and when.
There is nothing you need to find the bitcoin price to compete with the earning bitcoins. I think we need to manage the money and invest on a right place to make bitcoins. If see bitcoin value is volatile. Of-course its volatile at every time but you can most of the you can see big pumps and little dips. It will not affect the earnings.
January 30, 2017, 07:30:34 AM
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?
Ofcourse , it will remain popular . You should think about this alteast once about its past .If you will move your eye in the price of the bitcoin history then you will find there were many times the constancy in the price if bitcoin for 3-4 months many times .
If you will take the recent example of 2016 then also you can see the price of bitcoin was stable in the first 5-6 months ( before the brexit = bretain + exit ) and after that of halving its price became stable for three months but still the users of bitcoin and popularity increases .
Here bitcoin is not only for earning by hold bitcoin but there are also another options to make money like trading , faucet , gambling casino , exchange personal , shipping etc .
January 30, 2017, 07:13:38 AM
I think if the price is more stable than, bitcoin would be more popular than now. Because many big players (I mean really big like retirement funds, not like Chinese player) will enter the market safer. Many people will trust and will use bitcoin, many websites, banks maybe even countries will accept bitcoin.
If I have a retirement fund, I won't put it in currencies that has a price of $0.01-0.10. It's not practical, why would I convert my cash to bitcoin if no more growth is seen, besides, retirement fund should be safe and should be put in banks and anywhere that we can use the money each time we want to use it. But as merchant, it is a good opportunity, since no more fluctuations and your price won't be moving each day.
Yes, Bitcoin is here for its volatility and also ease of use. If it becomes stable I think it might not be that popular, but it will be still in use as any other Payment Processor. Moreover I assume it won't be stable
January 30, 2017, 06:36:30 AM
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.
For me a convenient way of sending money is fiat and plain cash - maybe the person I am sending money to does not know about bitcoin, that country has banned bitcoin or it is tough for my friend to convert bitcoin to usable currency in their region. It is tough to assume bitcoin to be general currency in every city in the globe.
So for most of the people bitcoin is a type of investment and thats what made it popular - the price of bitcoin vs fiat.
January 30, 2017, 03:37:13 AM
I think if the price is more stable than, bitcoin would be more popular than now. Because many big players (I mean really big like retirement funds, not like Chinese player) will enter the market safer. Many people will trust and will use bitcoin, many websites, banks maybe even countries will accept bitcoin.
If I have a retirement fund, I won't put it in currencies that has a price of $0.01-0.10. It's not practical, why would I convert my cash to bitcoin if no more growth is seen, besides, retirement fund should be safe and should be put in banks and anywhere that we can use the money each time we want to use it. But as merchant, it is a good opportunity, since no more fluctuations and your price won't be moving each day.
January 30, 2017, 02:06:20 AM
I think if the price is more stable than, bitcoin would be more popular than now. Because many big players (I mean really big like retirement funds, not like Chinese player) will enter the market safer. Many people will trust and will use bitcoin, many websites, banks maybe even countries will accept bitcoin.
If I have a retirement fund, I won't put it in currencies that has a price of $0.01-0.10. It's not practical, why would I convert my cash to bitcoin if no more growth is seen, besides, retirement fund should be safe and should be put in banks and anywhere that we can use the money each time we want to use it. But as merchant, it is a good opportunity, since no more fluctuations and your price won't be moving each day.
January 30, 2017, 02:00:10 AM
I think if the price is more stable than, bitcoin would be more popular than now. Because many big players (I mean really big like retirement funds, not like Chinese player) will enter the market safer. Many people will trust and will use bitcoin, many websites, banks maybe even countries will accept bitcoin.
It's not the hindrance to success, the price will always move based on it's norms. I think we cannot be stable due to a limited supply, and in the event there will be more businesses that will adopt with bitcoin, it will create more demand while the supply will stay the say, it will make the price increase or move with the current fluctuation trend today. January 29, 2017, 05:45:08 PM
I think if the price is more stable than, bitcoin would be more popular than now. Because many big players (I mean really big like retirement funds, not like Chinese player) will enter the market safer. Many people will trust and will use bitcoin, many websites, banks maybe even countries will accept bitcoin.
January 29, 2017, 02:57:50 PM
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.
January 29, 2017, 11:12:38 AM
Bitcoin is mainly adopted for its volatility and not for liquidity.When bitcoin price starts remaining stable means, that bitcoin is adopted by people in a wide range, so that no one can affect its price by pumping and dumping.Traders can gain profits only if bitcoin price is not stable and is volatile.They benefit by trading it against US dollars.I think, if bitcoin price remains stable, it would be dumped for price to fall..If bitcoin had a stable price, then its adoption would fall.
I think that if bitcoin price is stable more people will invest in it as they will be sure they wont be at a loss. Most of big businessman and people afraid of this currency as they think it is like a pump dump short term coin and they cant afford to risk high amounts in bitcoins. We should try to make bitcoin price stable for larger amount of people and unstable prices only favor handful of traders.
January 29, 2017, 10:03:35 AM
Bitcoin is mainly adopted for its volatility and not for liquidity.When bitcoin price starts remaining stable means, that bitcoin is adopted by people in a wide range, so that no one can affect its price by pumping and dumping.Traders can gain profits only if bitcoin price is not stable and is volatile.They benefit by trading it against US dollars.I think, if bitcoin price remains stable, it would be dumped for price to fall..If bitcoin had a stable price, then its adoption would fall.
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. Every of us have difference on our own mindsets, we should know what are the best trades, or what will be the bitcoin value will be. We cannot trust the bitcoin value itself, because the bitcoin value is so volatile, and we should know from ourselves that we should not take the risk on our own trades. Traders must know what the best value for their altcoins.
January 29, 2017, 10:00:44 AM
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. January 29, 2017, 09:38:29 AM
Bitcoin is mainly adopted for its volatility and not for liquidity.When bitcoin price starts remaining stable means, that bitcoin is adopted by people in a wide range, so that no one can affect its price by pumping and dumping.Traders can gain profits only if bitcoin price is not stable and is volatile.They benefit by trading it against US dollars.I think, if bitcoin price remains stable, it would be dumped for price to fall..If bitcoin had a stable price, then its adoption would fall.
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. 
January 29, 2017, 07:06:27 AM
Well, if we'll discuss about that, it has positive and negative sides. For example many traders are using bitcoin because of it's often chageable price, if bitcoin will become stable, in fact we loose such type of people, also many people has hopes that they'll buy bitcoins when it's price is cheap and than they'll wait for it's rise up. Another side is that many famouse website and business owners aren't accepting bitcoin because of it's changeable price, if it'll become stable, than they will accept bitcoin as a payment system. At least we have to lost one side of people, traders and some simple users or business owners.
You are right, business owners might consider btc as payment method if the price became stable for the convenience that it can give but i think it wont be as popular as now if the price is stable. many users are investing in btc because of the unstable price and for that we are able to earn.But, I think they have still so many other options for trading they can invest their money in alt coins from where the can also get good profit.
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