If Bitcoin had a stable price, would it still be as popular? - page 113.

posternat

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Quote from: asdin66fa on December 17, 2016, 02:32:03 AM

If bitcoin has a stable price, I think it will not be popular. Many people choose to invest in bitcoin, one of the reasons is because of its price changes, bitcoin price changes also affect the price of other digital currency. Once the price is stable, there is no investment significance.

Yes, bitcoin will be popular but not in the value the OP declared because I know it will never happen
because of the demand now of bitcoin in this industry

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Quote from: rajasumi2 on December 13, 2016, 12:44:37 PM

I think it would have been more popular than it is being unstable .because proabability of
unstability is zero,so it says that the bitcoins would not be there tomorrow ,so its better if
bitcoins price comes to a stable , but it would not happen no sooner.

I agree with you mate, because non currency whether it is crypto or fiat that is stable value, it changes every second.
we can't feel but it changes even a bit..

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If bitcoin has a stable price, I think it will not be popular. Many people choose to invest in bitcoin, one of the reasons is because of its price changes, bitcoin price changes also affect the price of other digital currency. Once the price is stable, there is no investment significance.

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Quote from: crairezx20 on December 16, 2016, 02:43:33 PM

Quote from: ethereumhunter on December 16, 2016, 02:08:20 PM

Quote from: butcherboss on December 16, 2016, 08:25:22 AM

Well if bitcoin had a really stable price like you said then the people who are into bitcoin just for the sake of investment would leave because if there is no rise then no profit hence no use in investing. But a stable price may have its own benefits like bigger companies may start accepting bitcoins just because of the stable price. Traders who are into bitcoins just for trading would also leave with a stable price.

not really, i think if traders see stable price and they think that they can not make profit with trading bitcoin-fiat, i think they will trying to trading bitcoin-altcoin or they can trying another way to continue trading. there are many option to make profit not just for trading bitcoin-fiat but with trading bitcoin-altcoin.

Bitcoin honestly it is not always stable since bitcoin is unpredictable the movement of the price is always changing. staying in bitcoin to fiat is a less risk to make a profit than trading in altcoin and i think it is more good to stay in bitcoin to fiat..

the one you qouted wanted to say that trading with bitcoin is still available even if the fiat - bitcoin trades is in a stale. Which I agree that there is always another way to trade bitcoin which involves altcoin, gold and other stocks aside from fiat.

Quote from: hase0278 on December 16, 2016, 08:53:16 AM

If bitcoin had a stable price, maybe it would still be as popular as it is today. In fact, in my opinion it might be more popular than it is today since many merchants will accept it as payment because the risk of losing money because of price fluctuation will decrease and because of many merchants accepting it, many will use bitcoin. On the other hand, those who are in bitcoin for the sake of investment will not use bitcoin since it might not be as profitable as it is today if it had a stable price.

In my opinion, if bitcoin price become stable, merchant that are hessitant because of the High volatility will now then embrace bitcoin followed by mass user adoption.

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Quote from: ethereumhunter on December 16, 2016, 02:08:20 PM

Quote from: butcherboss on December 16, 2016, 08:25:22 AM

Well if bitcoin had a really stable price like you said then the people who are into bitcoin just for the sake of investment would leave because if there is no rise then no profit hence no use in investing. But a stable price may have its own benefits like bigger companies may start accepting bitcoins just because of the stable price. Traders who are into bitcoins just for trading would also leave with a stable price.

not really, i think if traders see stable price and they think that they can not make profit with trading bitcoin-fiat, i think they will trying to trading bitcoin-altcoin or they can trying another way to continue trading. there are many option to make profit not just for trading bitcoin-fiat but with trading bitcoin-altcoin.

Bitcoin honestly it is not always stable since bitcoin is unpredictable the movement of the price is always changing. staying in bitcoin to fiat is a less risk to make a profit than trading in altcoin and i think it is more good to stay in bitcoin to fiat..

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Quote from: butcherboss on December 16, 2016, 08:25:22 AM

Well if bitcoin had a really stable price like you said then the people who are into bitcoin just for the sake of investment would leave because if there is no rise then no profit hence no use in investing. But a stable price may have its own benefits like bigger companies may start accepting bitcoins just because of the stable price. Traders who are into bitcoins just for trading would also leave with a stable price.

not really, i think if traders see stable price and they think that they can not make profit with trading bitcoin-fiat, i think they will trying to trading bitcoin-altcoin or they can trying another way to continue trading. there are many option to make profit not just for trading bitcoin-fiat but with trading bitcoin-altcoin.

hase0278

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If bitcoin had a stable price, maybe it would still be as popular as it is today. In fact, in my opinion it might be more popular than it is today since many merchants will accept it as payment because the risk of losing money because of price fluctuation will decrease and because of many merchants accepting it, many will use bitcoin. On the other hand, those who are in bitcoin for the sake of investment will not use bitcoin since it might not be as profitable as it is today if it had a stable price.

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Well if bitcoin had a really stable price like you said then the people who are into bitcoin just for the sake of investment would leave because if there is no rise then no profit hence no use in investing. But a stable price may have its own benefits like bigger companies may start accepting bitcoins just because of the stable price. Traders who are into bitcoins just for trading would also leave with a stable price.

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Quote from: TravisNeko on December 15, 2016, 07:10:48 PM

No I do not think it would be so popular as it is right now because no one would invest in something too stable, no fast profits.

Fast profits can be made in many ways

Right now they have most been done through volatility, i.e. Bitcoin price (value) moving up and down in huge swings. If you are lucky to catch the movement right (i.e. buy when the price is low, and sell when the price is high), you would without doubt earn decent profits. But this is not the only way to get quick profits. If Bitcoin value is stable, and its price changes only due to changes in the price of other currencies, which are used to price Bitcoin in, you could just as easily earn profits through these currencies using Bitcoin as your base currency

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Quote from: Positid on December 16, 2016, 12:39:53 AM

Quote from: bitkilo on December 15, 2016, 11:54:21 PM

Quote from: diegz on December 15, 2016, 11:20:32 PM

Quote from: Ziskinberg on December 15, 2016, 10:21:48 PM

Quote from: diegz on December 15, 2016, 09:37:45 PM

Quote from: TravisNeko on December 15, 2016, 07:10:48 PM

No I do not think it would be so popular as it is right now because no one would invest in something too stable, no fast profits.

Fewer investors, that's true, maybe they won't see any potential in Bitcoin if they don't see any good price movement, but as a currency, it could still become popular, and maybe if people sees it like that, as a currency or a substitute to money, the price might not be rolling up and down like it is today.

There are different type of investors, what you are talking is that an investors who are just hoarding bitcoin and to be honest with you it's only good for them when the price will increase because of the demand. But when the price will be stable, it's a different investor will come in and I think big merchants will be happy to serve the adopters as they are not afraid anymore to gamble with their business.

That's what I am saying, merchants would not hesitate to try bitcoin if the value isn't moving too much, they won't be seeing a scary price chart and no one will create a news that "bitcoin is dead" that could drive merchants away, which I really think could make them feel at ease to accept bitcoin.

I don't think the fluctuating price of bitcoin would scare to many merchants off anymore if they just looked into the options available to them.
Some online wallets that offer merchant service will allow them to hedge the bitcoins they receive against the local or US dollar.

Maybe the reason then is due to lack of government compliance, bitcoin is not regulated so they might be afraid for possible problem that may arise in the future, like ruining the reputation of their name or possibly stoppage of business.

Yes a lot of businesses probably would be worried about taking on bitcoin as a payment method but they really shouldn't be as worried about that anymore with all the different options they have now in the btc space.

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Quote from: bitkilo on December 15, 2016, 11:54:21 PM

Quote from: diegz on December 15, 2016, 11:20:32 PM

Quote from: Ziskinberg on December 15, 2016, 10:21:48 PM

Quote from: diegz on December 15, 2016, 09:37:45 PM

Quote from: TravisNeko on December 15, 2016, 07:10:48 PM

No I do not think it would be so popular as it is right now because no one would invest in something too stable, no fast profits.

Fewer investors, that's true, maybe they won't see any potential in Bitcoin if they don't see any good price movement, but as a currency, it could still become popular, and maybe if people sees it like that, as a currency or a substitute to money, the price might not be rolling up and down like it is today.

There are different type of investors, what you are talking is that an investors who are just hoarding bitcoin and to be honest with you it's only good for them when the price will increase because of the demand. But when the price will be stable, it's a different investor will come in and I think big merchants will be happy to serve the adopters as they are not afraid anymore to gamble with their business.

That's what I am saying, merchants would not hesitate to try bitcoin if the value isn't moving too much, they won't be seeing a scary price chart and no one will create a news that "bitcoin is dead" that could drive merchants away, which I really think could make them feel at ease to accept bitcoin.

I don't think the fluctuating price of bitcoin would scare to many merchants off anymore if they just looked into the options available to them.
Some online wallets that offer merchant service will allow them to hedge the bitcoins they receive against the local or US dollar.

Maybe the reason then is due to lack of government compliance, bitcoin is not regulated so they might be afraid for possible problem that may arise in the future, like ruining the reputation of their name or possibly stoppage of business.

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Quote from: diegz on December 15, 2016, 11:20:32 PM

Quote from: Ziskinberg on December 15, 2016, 10:21:48 PM

Quote from: diegz on December 15, 2016, 09:37:45 PM

Quote from: TravisNeko on December 15, 2016, 07:10:48 PM

No I do not think it would be so popular as it is right now because no one would invest in something too stable, no fast profits.

Fewer investors, that's true, maybe they won't see any potential in Bitcoin if they don't see any good price movement, but as a currency, it could still become popular, and maybe if people sees it like that, as a currency or a substitute to money, the price might not be rolling up and down like it is today.

There are different type of investors, what you are talking is that an investors who are just hoarding bitcoin and to be honest with you it's only good for them when the price will increase because of the demand. But when the price will be stable, it's a different investor will come in and I think big merchants will be happy to serve the adopters as they are not afraid anymore to gamble with their business.

That's what I am saying, merchants would not hesitate to try bitcoin if the value isn't moving too much, they won't be seeing a scary price chart and no one will create a news that "bitcoin is dead" that could drive merchants away, which I really think could make them feel at ease to accept bitcoin.

I don't think the fluctuating price of bitcoin would scare to many merchants off anymore if they just looked into the options available to them.
Some online wallets that offer merchant service will allow them to hedge the bitcoins they receive against the local or US dollar.

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Quote from: Ziskinberg on December 15, 2016, 10:21:48 PM

Quote from: diegz on December 15, 2016, 09:37:45 PM

Quote from: TravisNeko on December 15, 2016, 07:10:48 PM

No I do not think it would be so popular as it is right now because no one would invest in something too stable, no fast profits.

Fewer investors, that's true, maybe they won't see any potential in Bitcoin if they don't see any good price movement, but as a currency, it could still become popular, and maybe if people sees it like that, as a currency or a substitute to money, the price might not be rolling up and down like it is today.

There are different type of investors, what you are talking is that an investors who are just hoarding bitcoin and to be honest with you it's only good for them when the price will increase because of the demand. But when the price will be stable, it's a different investor will come in and I think big merchants will be happy to serve the adopters as they are not afraid anymore to gamble with their business.

That's what I am saying, merchants would not hesitate to try bitcoin if the value isn't moving too much, they won't be seeing a scary price chart and no one will create a news that "bitcoin is dead" that could drive merchants away, which I really think could make them feel at ease to accept bitcoin.

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Quote from: diegz on December 15, 2016, 09:37:45 PM

Quote from: TravisNeko on December 15, 2016, 07:10:48 PM

No I do not think it would be so popular as it is right now because no one would invest in something too stable, no fast profits.

Fewer investors, that's true, maybe they won't see any potential in Bitcoin if they don't see any good price movement, but as a currency, it could still become popular, and maybe if people sees it like that, as a currency or a substitute to money, the price might not be rolling up and down like it is today.

There are different type of investors, what you are talking is that an investors who are just hoarding bitcoin and to be honest with you it's only good for them when the price will increase because of the demand. But when the price will be stable, it's a different investor will come in and I think big merchants will be happy to serve the adopters as they are not afraid anymore to gamble with their business.

diegz

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Quote from: TravisNeko on December 15, 2016, 07:10:48 PM

No I do not think it would be so popular as it is right now because no one would invest in something too stable, no fast profits.

Fewer investors, that's true, maybe they won't see any potential in Bitcoin if they don't see any good price movement, but as a currency, it could still become popular, and maybe if people sees it like that, as a currency or a substitute to money, the price might not be rolling up and down like it is today.

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No I do not think it would be so popular as it is right now because no one would invest in something too stable, no fast profits.

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Quote from: iqlimasyadiqa on December 14, 2016, 10:02:11 AM

yes of course. bitcoin today have great appeal. other than as an investment medium, bitcoin currency is also used as a substitute for real money. with bitcoin we can receive and send money easily. everything is mobile and is also simple. bitcoin will always be in demand whatever the circumstances.

yeah bitcoin users currently using bitcoin is not just for investment. I'm sure in the future there will be more people using bitcoin to a currency, so when bitcoin becomes stable. it is not an issue anymore

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Some people does use bitcoin as a store of value, soo if bitcoin had a stable price i believe bitcoin would be more used as well more popular, currently we do have gamblers and big investors interested into volatility of bitcoin and nothing else, the big miners invest millions to make bilions soo if we were able to get a stable value im sure all miners would be mining, something the most has stopped several time ago.

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Quote from: avikz on December 15, 2016, 12:17:34 PM

Being a pioneer in the crypto currency market, bitcoin will remain popular for the times to come. But yes, if the price becomes stable, then people will slowly stop trading with it and the market cap will go down, which will bring down the price of bitcoin.

I think the charm of bitcoin is the changing price and huge upside potential. People believe that bitcoin will become huge one day and with that belief people are storing bitcoin for good. If the price would have been stable, then people would have invested in many other altcoins. Bitcoin's popularity would have taken a stroll.

Wrong. If the price become stable it means buy/sell sustainable, which means trading activity crowded here.
Bitcoin stability is not stable as fiat, the gaps between high/low have more space.

Investing in altcoin is just earn a dust, people will choose have credibility one, and nowadays people have stole a glance to bitcoin. Look at bitcoin price movement recently.

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Quote from: iqlimasyadiqa on December 14, 2016, 10:02:11 AM

yes of course. bitcoin today have great appeal. other than as an investment medium, bitcoin currency is also used as a substitute for real money. with bitcoin we can receive and send money easily. everything is mobile and is also simple. bitcoin will always be in demand whatever the circumstances.

I doubt that bitcoin will be still so popular in the case of stable price. Yes you are right that it works fast and easy. But the most users of bitcoin are traders or investors who bought bitcoin with some cheaper money and expect bitcoin rise to earn on that rising. So in the case of stable price all that mass of people will loose the interest.

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