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Topic: If Bitcoin had a stable price, would it still be as popular? - page 116. (Read 171763 times)

hero member
Activity: 1372
Merit: 564
Im going to say yes i figure it out that bitcoin had a stable price it would be still a popular coins in the world bitcoin is growing with it's community and more are going to use bitcoin but there are disadvantage of this traders are going to be mad because they can't make profit anymore with bitcoin.
hero member
Activity: 868
Merit: 500
If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.

Bitcoin is popular because it's volatile not because it's easy,fast etc. Now days banking transactions are also happening  fast and online banking/debit/credit cards made transaction more fast, and your fund in bank is also easy to access for you from computer/mobile.

Bitcoin getting popularity because it's price going high so more and more people knowing about Bitcoin.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Bitcoin can not have a stable price due to some factors. My question is, How do you hold the value of bitcoin if you were informed it will fall in a week ?

Even you will be informed that bitcoin will fall in a week, how can you be sure that the price of bitcoin will be decreasing. We can easily know the signs of bitcoins price to fall but not just because the price is falling you will sell already your bitcoins. And if the price is stable I don't think that many will be dying to invest with it.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.
It's the effect of being popular, I guess with the current status of bitcoin we can call it popular already as it's a global currency and at the same time can be called as investment. More and more people will adopt since it's easy to use bitocin and beneficial for the people who love to transact online.
sr. member
Activity: 882
Merit: 251
If bitcoin would be a stable price, its still a popular. Because of
its easy to use, easy to access, and fast transactions. This
could lead to be a popular because bitcoin has becoming a
large use all over the world.
hero member
Activity: 2464
Merit: 519
Bitcoin can not have a stable price due to some factors. My question is, How do you hold the value of bitcoin if you were informed it will fall in a week ?
hero member
Activity: 1078
Merit: 514
It would still be popular mainly because of the anonymity and fast transactions it gives to the users, and relative to other payment methods like paypal, credit cards etc., it has way lower fees than those.
I doubt it will be still popular with statable price. Remind the time about a month ago when the price for bitcoin seems get frozen around 600$ how everybody get nerved. I think bitcoin would loose many users in the case of fixed price. It would stop to be so interesting as now.
sr. member
Activity: 454
Merit: 250
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?
A range between 0.1 and 0.01 USD would be volatility enough to attract the attention of many speculators. But such value would not make sense, because Bitcoin's available supply in the market is very limited, more limited than most people think.
As soon as Bitcoin touched such a value people would buy in large quantities, causing a strong upward trend in the market.
hero member
Activity: 1022
Merit: 521
It would still be popular mainly because of the anonymity and fast transactions it gives to the users, and relative to other payment methods like paypal, credit cards etc., it has way lower fees than those.
For most of the people the anonymity and fast transactions does not a problem and they will put almost all of their money in bitcoin when they are sure that the price of bitcoin will now be stable because they are tired from paying high fees and tax to the banks and governments and do not want to be restricted with their money.
full member
Activity: 140
Merit: 100
It would still be popular mainly because of the anonymity and fast transactions it gives to the users, and relative to other payment methods like paypal, credit cards etc., it has way lower fees than those.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I don't know if stability of Bitcoin price would contribute for it to become more popular but I know that people like Bitcoin because of its volatility. This gives them opportunity to make some money and everyone likes money. I'm not sure that currency like Bitcoin could ever be stable that is just not the part of its nature.
it's not just about of its volatility . i think its about how great it is when it comes in sending and receiving money. and bitcoin also has a great a contribute on our economy since the beginning. I'm using bitcoin to received payment for my clients. even its not too popular ithink it will 5 years from now. just wait Smiley
nope i think most users bitcoin is an investor on which they depend to fluctuations to profit quickly. so when prices become stable bitcoin I'm afraid that investors will abandon bitcoin? is it possible right?
For the price to become stable a wide user base is needed and that is something bitcoin currently does not have, but even If the price became stable then investors will use leverage to increase their profits.
hero member
Activity: 938
Merit: 500
I don't know if stability of Bitcoin price would contribute for it to become more popular but I know that people like Bitcoin because of its volatility. This gives them opportunity to make some money and everyone likes money. I'm not sure that currency like Bitcoin could ever be stable that is just not the part of its nature.

I don't think that Bitcoin volatility is part of its nature

Bitcoin was conceived as a means of payment as well as a payment system in its own right. There is nothing in that which could be construed as volatility built in. The volatility we see today is primarily due to Bitcoin itself being used as a speculative asset for the most part. Its use as a means of payment for real goods and services is still tiny. Wider adoption of Bitcoin by vendors and producers with the reduction in its role as a vehicle for speculation will make volatility subside greatly in due course

Sure it had been created for micro payments, as a currencie, but since the begining Nakamoto made bitcoin to became a speculative currencie, since the halving events had been introduced, soo even if we people didnt force those, it would happen the code has those feature to make bitcoin achieve and grow over time in value, people interest has made bitcoin worth what its worthing, bitcoin could be traded and mined unders 100 dollars if people hasnt invested at it.
legendary
Activity: 1218
Merit: 1000
you can make more money with bitcoin, although bitcoin have a stable price, and I believe, as long as bitcoin can still make other people make money, then bitcoin will still be popular, if the BTC have a stable price. Well, bitcoin still has the advantage that much other than prices up and down, such as transactions very fast. people can use it to make bitcoin as a means of transaction, and many other examples. so, I guess that remains to be popular
sr. member
Activity: 812
Merit: 252
Yes, because bitcoin's huge value does not only makes it good but its other features also. Like its anonymous transaction. Its own bitcoin wallet where you can access it anytime. The convenience of sending and receiving bitcoin and many more. I would still use bitcoin even if its price is stable as long as the value is worth my effort.

I think you have a good point that using bitcoin is not just for that the price that will increase indefinitely like the Everest mountain. If the price stay stable and the money is always available into my wallet I will keep using it even if the price stay flat.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
The way you use bitcoin is what makes it popular.
But what makes you to "use" it. I mean to say why you are start using bitcoin when you are already having fiats. The advantages and benefits. Stable prices will not benefit anyone. That is the reason bitcoin is having fluctuating price levels.

I think the price is really a considered factor to it's popularity.
It is really contradicting your above statements. Still, it maybe one of the factor for popularity of bitcoins.
For me that is why the price is keep increasing because every day there is people who are discovering bitcoin and we are head news that there is 20 store in paris accepting bitcoin so more impressions more people will be interested  to use bitcoin.. that can share to other until it will go viral that can be bitcoin to be popular..
hero member
Activity: 896
Merit: 514
I think its hard to make bitcoin price stable becouse when the halving day comes the price of bitcoin will pump depend on the demand.

i think for now, bitcoin price is not already stable because i think it would be more than the price now and there is 2 month before the new year and i only hope that in new year, the bitcoin price will be increase than before.

Indeed mate, price of bitcoins normally fluctuates we see a few drops from its value and more on increasing. And I agree that we will see huge increase in the upcoming months.. and more and more people are getting involve in bitcoin because they see a lot of potential to invest in it.


Because of the current instability of Bitcoin prices, some of us earn some money from it. That's why it's a great investment. But I think if more and more people get involved and the adoption of Bitcoins really takes off, then I think the price will stabilize. Since the trading of Bitcoin will be similar to how gold is being traded. Before that happens, I hope I could buy or earn enough Bitcoins.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
Yes, because bitcoin's huge value does not only makes it good but its other features also. Like its anonymous transaction. Its own bitcoin wallet where you can access it anytime. The convenience of sending and receiving bitcoin and many more. I would still use bitcoin even if its price is stable as long as the value is worth my effort.
Not all people are actually want the anonymity of transaction. the only benefits that i want that is why we are using bitcoin because of less fee.. also almost all people here or members here that is why they are want bitcoin because they can earn bitcoins  this is the main reason many people are joining in signature campaign just to have a savings or to use in trading that can multiple their bitcoins and to have future or dream someday with bitcoin..
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
The way you use bitcoin is what makes it popular.
But what makes you to "use" it. I mean to say why you are start using bitcoin when you are already having fiats. The advantages and benefits. Stable prices will not benefit anyone. That is the reason bitcoin is having fluctuating price levels.

I think the price is really a considered factor to it's popularity.
It is really contradicting your above statements. Still, it maybe one of the factor for popularity of bitcoins.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Nothing is every stable, especially love (feels intended  Cry) I think the price is really a considered factor to it's popularity. Right now, it has a price of $740+ (not sure what the price exactly now) it would really be an eye-ing factor to investors and people who wants to invest and earn more. It wouldn't be also popular if it's uses are not good, the low transaction fees, it's decentralized way (no people controlling it), anonymity. In the future, there would be a time that another cryptocurrency can overtake Bitcoin. I'm not sure what it is, but I think it would be popular too. The way you use bitcoin is what makes it popular.
hero member
Activity: 2366
Merit: 594
Yes, because bitcoin's huge value does not only makes it good but its other features also. Like its anonymous transaction. Its own bitcoin wallet where you can access it anytime. The convenience of sending and receiving bitcoin and many more. I would still use bitcoin even if its price is stable as long as the value is worth my effort.
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