it'll be popular for online savings and be more worthy to be a payment processor, so many big company won't accept bitcoin nowaday because of its fluctuation will give risk to those company to receive less value than what they should received,but we will lost those traders,so market will get a little bit slow i think
yes it is right to say, i think if the price of bitcoin become stable to me it will become more popular, and people will comfortably do investment in bitcoin therefore i think if the price of bitcoin become stable it will still be as popular. 
Topic: If Bitcoin had a stable price, would it still be as popular? - page 114. (Read 171736 times)
December 15, 2016, 04:51:14 PM
December 15, 2016, 12:37:47 PM
Many people with unique interest only in quick profit without considering the reasons this happened will definitely abandoned the bitcoin community. But there are also the others who believe that the future of financial transactions between people based on decentralized technologies without intermediary i.e blockchain and everyone has the right and obligation to manage his money as he wishes. This user base would be grow among open mind people all over the world.
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.
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.
December 15, 2016, 11:39:07 AM
I think bitcoin will not be popular because many people are being attracted to it because of it's price variation only, many people have strong belief that it will give good return in future because it is not stable like fiat. Really if it is stable like fiat no one will attract to it. Now bitcoin has large communtiy from different part of the world this user base may increase in the year 2017 so definitely their will be a good future for this bitcoin.
You are just seeing one side of the picture here. And as I guess yours is a traders/investors view due to the belief that once bitcoin is stable it will not be popular. Yes it will not be a popular to people like you, but lets zoom out the scenario. Bitcoin had attracted many people especially investors and traders due to its high volatility but because of it, merchants or store owner are hesitant to accept it because of the fear that they might lose a profit when price of Bitcoin shifted. Having lots of people attracted to bitcoin and all of a sudden bitcoin price became stable, so trading therefore is not profitable, but the fact that there are already lots of people holding bitcoin, and being stable in price will then make this merchants to accept bitcoin. So bitcoin holders will then have more store where they can spend bitcoin. And usage of bitcoin will be promoted and the economy of bitcoin spending will boom. This time bitcoin will be more popular to merchants and users who does not want to use Visa, paypal and other payment processor will now adopt and use bitcoin.
December 15, 2016, 10:59:07 AM
I think bitcoin will not be popular because many people are being attracted to it because of it's price variation only, many people have strong belief that it will give good return in future because it is not stable like fiat. Really if it is stable like fiat no one will attract to it. Now bitcoin has large communtiy from different part of the world this user base may increase in the year 2017 so definitely their will be a good future for this bitcoin.
You are just seeing one side of the picture here. And as I guess yours is a traders/investors view due to the belief that once bitcoin is stable it will not be popular. Yes it will not be a popular to people like you, but lets zoom out the scenario. Bitcoin had attracted many people especially investors and traders due to its high volatility but because of it, merchants or store owner are hesitant to accept it because of the fear that they might lose a profit when price of Bitcoin shifted. Having lots of people attracted to bitcoin and all of a sudden bitcoin price became stable, so trading therefore is not profitable, but the fact that there are already lots of people holding bitcoin, and being stable in price will then make this merchants to accept bitcoin. So bitcoin holders will then have more store where they can spend bitcoin. And usage of bitcoin will be promoted and the economy of bitcoin spending will boom. This time bitcoin will be more popular to merchants and users who does not want to use Visa, paypal and other payment processor will now adopt and use bitcoin.
December 15, 2016, 07:31:09 AM
I think bitcoin will not be popular because many people are being attracted to it because of it's price variation only, many people have strong belief that it will give good return in future because it is not stable like fiat. Really if it is stable like fiat no one will attract to it. Now bitcoin has large communtiy from different part of the world this user base may increase in the year 2017 so definitely their will be a good future for this bitcoin.
That is what I think too. At first I have been attracted to bitcoin because of its price. And now it grows bigger so I am really looking forward to gather more. I am in favor not to have a stable price because the unstable of its value makes it popular already. 
December 15, 2016, 06:46:09 AM
I think bitcoin will not be popular because many people are being attracted to it because of it's price variation only, many people have strong belief that it will give good return in future because it is not stable like fiat. Really if it is stable like fiat no one will attract to it. Now bitcoin has large communtiy from different part of the world this user base may increase in the year 2017 so definitely their will be a good future for this bitcoin.
December 15, 2016, 06:07:53 AM
Yes I still believe that it would still popular, almost all people nowadays were using internet so there is 80% possibility that they would meet bitcoin in different ways. I do have friends who's using bitcoin said they met bitcoin thru games online, I myself met it when I was searching for a part time job online, so I really think so that it would be popular in many ways.
For me, I have my point for this is, that bitcoin is not going to be popular if it has a stable price. Because people will just simply rely to their own fiat local currency
You only see what your eyes want to see
And you don't want to see what is beneath the tip of the iceberg. First of all, we should talk not about price here but about the value of Bitcoin, since the price may change even if the Bitcoin value doesn't, for example, if the dollar value changes and so does the Bitcoin price in dollars. Second, if Bitcoin value stabilizes, it means that it will be a less risky currency to transact with in comparison to other currencies. People who make a lot of transactions, say, merchants are vitally interested that the currency they accept as a means of payment wouldn't lose its value overnight, and thereby they will find Bitcoin very attractive to use it in their transactions. As you can see, even if Bitcoin value totally freezes, the popularity lost among traders and speculators will be more than offset by the growth in popularity among people who don't need volatility altogether
December 14, 2016, 11:06:38 PM
Yes I still believe that it would still popular, almost all people nowadays were using internet so there is 80% possibility that they would meet bitcoin in different ways. I do have friends who's using bitcoin said they met bitcoin thru games online, I myself met it when I was searching for a part time job online, so I really think so that it would be popular in many ways.
So many people were use smartphone, I think they would like to make any virtual transaction becouse it is more practicaly. But it still hard to see bitcain price stable becouse it was designed to get deflation. So the price will always rise. Everything that can be done online can be done with complete freedom but there are people who chooses to be compliance with the government laws and regulation to avoid being compromise in the future.
December 14, 2016, 10:56:21 PM
Yes I still believe that it would still popular, almost all people nowadays were using internet so there is 80% possibility that they would meet bitcoin in different ways. I do have friends who's using bitcoin said they met bitcoin thru games online, I myself met it when I was searching for a part time job online, so I really think so that it would be popular in many ways.
So many people were use smartphone, I think they would like to make any virtual transaction becouse it is more practicaly. But it still hard to see bitcain price stable becouse it was designed to get deflation. So the price will always rise. December 14, 2016, 10:50:38 AM
Yes I still believe that it would still popular, almost all people nowadays were using internet so there is 80% possibility that they would meet bitcoin in different ways. I do have friends who's using bitcoin said they met bitcoin thru games online, I myself met it when I was searching for a part time job online, so I really think so that it would be popular in many ways.
December 14, 2016, 10:36:20 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, its not that it wont be popular but to this extent is what I wont guarantee. In the sense that quite a number of people involved in Bitcoin are doing so in other to cash in on the fluctuation of the price which could be high or low and most times could be on the high side. Just yesterday on this forum I read about how someone used Mortgage loan to invest in Bitcoin because he is so convince its going to increase in value I am not sure he is going to take the same course of action if Bitcoin had stable price.
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.
December 14, 2016, 09:50:45 AM
It would not happen, the value will not be stable even what ever currency is, there is no currency that is stable everything change every sec.
It would be popular because of its good security to the users, and for sure because of it many will use and the demand of bitcoin will rise together with the value of it.
It would be popular because of its good security to the users, and for sure because of it many will use and the demand of bitcoin will rise together with the value of it.
I am also confident that the Bitcoin will never have a stable price. Its most important advantage - it is a constant increase in prices. And many buy Bitcoin because of this. When the price is stabilized, Bitcoin will lose its popularity
Well I would have agree because the only stable in this world is unstability ( change being permanent) if we are talking about price change, bitcoin price will never be frozen the same thing with other currency, but there are ranges of price changes where people consider a currency as stable. And bitcoin will more likely go to that stage. As of importance, it depends on the audience because one person's advantage maybe a disadvantage of another person.
We can talk about traders and merchant here. For traders the most important advantage of bitcoin is its price High Volatility, while for merchant it is the most disadvantage feature of bitcoin. With this we can say there will be a set of people or group that will see changes in stability status of bitcoin as disadvantage and advantage and will be popular to those who see it as an advantage.
December 14, 2016, 09:49:31 AM
Unstable price of bitcoin is one of its characteristic that I look forward as an advantage because it attracts netizens to get involve like investing because they can make profit. Especially now, the value is already high. Like me I have been attracted of bitcoin because of its price. So if its price will be stable then it will no longer interested.
December 14, 2016, 09:12:48 AM
Certainly not to be interesting or popular, people will not buying and saving for the long term, this is the same as with other commodities. The interesting thing about bitcoin is unstable price.
Yeah, definitely, bitcoin is bitcoin, because of it has no stable price, and everyone is use bitcoin, including me, because its price has valuable, and when it increased, So its mean bitcoin give us profit.
For example, bitcoin has stable price, So tell me, who use it? because than bitcoin has no attraction. I think it is clear, Bitcoin has attraction on its price.
December 14, 2016, 08:00:35 AM
It would not happen, the value will not be stable even what ever currency is, there is no currency that is stable everything change every sec.
It would be popular because of its good security to the users, and for sure because of it many will use and the demand of bitcoin will rise together with the value of it.
Yeah that is in every currency that it do not come to complete security but it is possible that it come nearest to stability as the dollar is nowadays. So if that happen then almost all of the businesses will like to adopt that currency for their business and will not worry for any lose with that currency. It would be popular because of its good security to the users, and for sure because of it many will use and the demand of bitcoin will rise together with the value of it.
December 14, 2016, 02:03:05 AM
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 think you must see destination on it's own bitcoin users. I think most bitcoin users using bitcoin to trade and they need fluctuations to profit quickly, if the fluctuation was lost then bitcoin will lose its popularity December 14, 2016, 01:51:11 AM
Certainly not to be interesting or popular, people will not buying and saving for the long term, this is the same as with other commodities. The interesting thing about bitcoin is unstable price.
you are correct those big players are keep on taking advantage of the fluctuations as for now but for me i still believe that bitcoin will make more support even price will be stable as we know what it can offer and deliver for its community. December 14, 2016, 01:25:45 AM
Nope, because a lot of people are here to earn money off speculation. If price is stable then there is no point for the traders to use bitcoin anymore, because that way it is the same as fiat currency and they could just use USD instead of BTC.
Also, it would mean that bitcoin is tied to fiat currency, like Tether. Why would you ever want that to happen? Bitcoin in my opinion is intrinsically against fiat.
Also, it would mean that bitcoin is tied to fiat currency, like Tether. Why would you ever want that to happen? Bitcoin in my opinion is intrinsically against fiat.
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