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Topic: If Bitcoin had a stable price, would it still be as popular? - page 11. (Read 171772 times)

member
Activity: 210
Merit: 10
If the bitcoin price had stable value there are two possibilities will happen, among the investors of its popularity would decreased but for the consumers the popularity will up.
But most importantly now the price of the bitcoin should stay up because it will lure investors, if not bitcoin price will still down. Now the price of the bitcoin is still down hope this doesn't continue.
full member
Activity: 476
Merit: 105
It's hard to say that if bitcoin is stable then it could be as fast as it's popular, bitcoin would be difficult with an existing online payment system like paypal perfect monet, payza and so on, and maybe I would not use bitcoin.

Bitcoin became very popular because its price began to grow rapidly. Many people wanted to earn money on this. If the price of bitcoin will be stable then it can lose it's popularity.
member
Activity: 350
Merit: 12
Of course, eventually much more: it's just its instability that creates a block toward general acceptance.
At present, it's practically useless in normal economy.
sr. member
Activity: 700
Merit: 277
It's hard to say that if bitcoin is stable then it could be as fast as it's popular, bitcoin would be difficult with an existing online payment system like paypal perfect monet, payza and so on, and maybe I would not use bitcoin.
hero member
Activity: 998
Merit: 504
I would say more business would start accepting Bitcoin if it had a stable price. Some small businesses prefer not to risk it due to Bitcoin's behavior as they may lose money.
Most of us all here are into Bitcoin because of the volatility and because we can simply invest into it and let the money grow as much as it can. But that doesn’t mean that Bitcoin will become less popular if it becomes stable. Bitcoin already made a name for itself and there are other things it can be used for.
full member
Activity: 392
Merit: 100
Yes, it will be popular. not because of the stability of the price only. but the opportunity that it gives to everyone. anyone can be rich in bitcoin. you can earn money even when you are at home. you just have to give some quality time for it. bitcoin is very popular and it's becoming more popular this year. many people are now into bitcoin because they saw it.because many proved that bitcoin is real and it's not fraud or just a scam. so whether has a stable or unstable price, bitcoin will always be popular.
full member
Activity: 1554
Merit: 101
I think it depends on how many people know about it, look at it now there are people who know bitcoin some who do not even know, so I think your question has been answered maybe he is popular for people who know it and certainly not popular for people who do not know or even do not care.
member
Activity: 126
Merit: 25
I think this will certainly make people trust it more especially elderly people that don't understand the ideology behind it and why it fluctuates or rich people that don't want their fortune figure to be jumping around and fluctuating all the time . People will be more coming forward into investing in bitcoin and considering it as a safe asset and not just a wild risk as they identify it as know . It'll be even necessary for people around the globe to invest in it since markets and compagnies will certainly include bitcoin as a payment method which will drastically increase the number of users .
member
Activity: 115
Merit: 10
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?
If bitcoin had a stable price, it is also be popular. People who knows bitcoin use their wallets for online transactions sending money, paying bills, buying game credits, betting or many other stuffs. It would be popular because we need it even if it has a stable price.
full member
Activity: 448
Merit: 232
I think the popularity of Bitcoin partly depends on its unstable price. People don`t know how much will it cost tomorrow, such uncertainty tickles their nerves. Folks invest in Bitcoin right now, cuase they see the growing trend of the coin`s price. If the price was stable, then people wouldn`t have any need or rush to sell and buy the crypto currency. The would know they could do it every moment without any difference or changes. That`s the uncertainty and unstability what makes people want to buy Bitcoin.
newbie
Activity: 154
Merit: 0
A stable bitcoin will no longer be so interesting for the investors, but it will be a big step toward general acceptance by the big public.
sr. member
Activity: 742
Merit: 252
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For me if bitcoin had a stable price, it will be much popular.
Well for me  i dont really think that  if bitcoin had a stable price is it will be more popular because if btc price is we will be stable it will not have a chance to pump its value really high.

With a stable price of bitcoin, there may be more places where you can pay with cryptocurrencies. This can increase the popularity of btc and not just price pumping.
hero member
Activity: 1722
Merit: 528
For me if bitcoin had a stable price, it will be much popular.
Well for me  i dont really think that  if bitcoin had a stable price is it will be more popular because if btc price is we will be stable it will not have a chance to pump its value really high.

That is right, and I don't think that bitcoin will be having it's popularity without it's volatility since there are a lot of people who are relying on the volatility of bitcoin to have a profit or income. If bitcoin was not volatile, and there are still some users, then I think they are using it as an trading tool, or an currency used in payment online which I think will be widely accepted.
full member
Activity: 175
Merit: 102
For me if bitcoin had a stable price, it will be much popular.
Well for me  i dont really think that  if bitcoin had a stable price is it will be more popular because if btc price is we will be stable it will not have a chance to pump its value really high.
sr. member
Activity: 2590
Merit: 452
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If bitcoin had experienced a stable price it would have been never be so popular as it is now. The reason people love the difference that happens regularly.
I think if bitcoin has a stable price it will remain popular because I'm sure stable bitcoin prices will still have a high price, because lately the price of bitcoin always increases even though it drops just an instant then it will rise again. and I'm sure bitcoin will always be popular and its users are increasing because of the bitcoin of our all pride.
newbie
Activity: 129
Merit: 0
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?
I think no. It become more and more popular because of its value. Its price become bigger and bigger, and people become wiser. And they influenced others to invest here that's why it become popular. But I believe if bitcoin had a stable price there is still a chance that it will become popular, because you can hold your money here with out reduction. What I am pointing is that it become more and more popular because of its unstable price increasing.
full member
Activity: 560
Merit: 100
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?
  If the price of bitcoin is stable but very high, then bitcoin will still be popular. Recently, the price of bitcoin is changing very much and this causes a certain excitement around it. Soon everything will quiet down to a certain time, and then the running around the bitcoin will begin again.
member
Activity: 271
Merit: 10
bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...
It is only in the assumption that Bitcoin's price will not be stable as well as other currencies, if Bitcoin's prices are stable it is sure that it will close down and no one will care about it anymore. can make the obsession of investors...
jr. member
Activity: 55
Merit: 1
If bitcoin prices will stabilize then yes it will be more popular as more people will put their money into bitcoin and will really trust and rely on their money to keep the bitcoin wallet and will not be afraid of losing their money with cheer.
sr. member
Activity: 579
Merit: 309
When bitcoin will became more stable, it will be a plus toward general acceptance; a lot of people don't trust bitcoin because its volatility is too high.
If volatility is too high this is certainly good for the user, this is because for traders will always get a profit. when a stable price of course nobody wants to store bitcoin in large quantities so they just buy the required amount.
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