Topic: If Bitcoin had a stable price, would it still be as popular? - page 117. (Read 171763 times)
November 26, 2016, 12:24:46 PM
I'm sure that Bitcoin will lose its poplyarnost if its price will cease to grow. Indeed, many of his buy to get rich and to increase their capital. And if its price will cease to grow, it will be a privilege only anonymity. It's not enough to be popular
November 26, 2016, 11:46:26 AM
this time I think that if the price of bitcoin remained stable as possible people will still use bitcoin as a means of transactions, it may even be very many new entrants who would study bitcoin, because it is likely that when the price of bitcoin is stable, then the bitcoin will be set as the eye money legally on the internet
November 26, 2016, 11:13:14 AM
Of course not...
There will be no one using this coin.
there is many altcoin..
Why will anyone wants to use that?
Forget that this is a joke
that won't come true..
There will be no one using this coin.
there is many altcoin..
Why will anyone wants to use that?
Forget that this is a joke
that won't come true..
November 26, 2016, 10:42:51 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?
Only a few people can profit from Bitcoin's volatility and for others it is a drawback in my opinion. So of course if the price of Bitcoin was stable it would attract even more people to Bitcoin's usage. I've heard many times from people who don't want to use Bitcoin that if it was more stable they would use it.
November 26, 2016, 10:11:33 AM
IMO, if Bitcoin has a stable price, then it will be even more popular than it is now. The volatility of the exchange rates are forcing vendors to use third party payment processors such as Bitpay and Coinbase, which increases the expenses. If the exchange rates are stable, then the vendors will be able to directly accept Bitcoin payments.
Price of bitcoin can't be stable and that is reality but you are also correct in some regards like if bitcoin price get stable vendors will accept bitcoin directly. But even if vendors start to accept bitcoin directly they have to quickly sell it to pay for their suppliers which will be same situation like when they are accepting bitcoin using third party.Stable price of bitcoin will make it just like some currency backed by fixed amount of gold and traders will just leave trading bitcoin because there will be no any price swing from which those traders can earn decent profit daily.
If bitcoin's price was not that volatile or even fixed, it may indeed be more attractive to vendors as a payment option. But obviously that's out of question due to basic laws of economics and dualistic nature of bitcoin serving as both a digital currency and a digital investment asset.
Well there is no way bitcoin price will be fixed. there is always the ups and downs, and besides it is not only bitcoin being currency act as investment asset, almost all currency are. They all have fluctuation on its own pace, but it happen that bitcoin had been popular because we are already inside the bitcoin economy, aside from the fact that bitcoin have the highest volatility among the currency, altcon not included.
November 26, 2016, 10:05:36 AM
IMO, if Bitcoin has a stable price, then it will be even more popular than it is now. The volatility of the exchange rates are forcing vendors to use third party payment processors such as Bitpay and Coinbase, which increases the expenses. If the exchange rates are stable, then the vendors will be able to directly accept Bitcoin payments.
Price of bitcoin can't be stable and that is reality but you are also correct in some regards like if bitcoin price get stable vendors will accept bitcoin directly. But even if vendors start to accept bitcoin directly they have to quickly sell it to pay for their suppliers which will be same situation like when they are accepting bitcoin using third party.Stable price of bitcoin will make it just like some currency backed by fixed amount of gold and traders will just leave trading bitcoin because there will be no any price swing from which those traders can earn decent profit daily.
If bitcoin's price was not that volatile or even fixed, it may indeed be more attractive to vendors as a payment option. But obviously that's out of question due to basic laws of economics and dualistic nature of bitcoin serving as both a digital currency and a digital investment asset.
November 26, 2016, 09:47:10 AM
IMO, if Bitcoin has a stable price, then it will be even more popular than it is now. The volatility of the exchange rates are forcing vendors to use third party payment processors such as Bitpay and Coinbase, which increases the expenses. If the exchange rates are stable, then the vendors will be able to directly accept Bitcoin payments.
Price of bitcoin can't be stable and that is reality but you are also correct in some regards like if bitcoin price get stable vendors will accept bitcoin directly. But even if vendors start to accept bitcoin directly they have to quickly sell it to pay for their suppliers which will be same situation like when they are accepting bitcoin using third party.Stable price of bitcoin will make it just like some currency backed by fixed amount of gold and traders will just leave trading bitcoin because there will be no any price swing from which those traders can earn decent profit daily.
November 26, 2016, 09:26:15 AM
I think it would not popular since bitcoin is stable value no investor willing to invest because they can not able to earn on stable price it will only used for online shopping but it would not be popular.
November 26, 2016, 08:05:51 AM
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 
November 26, 2016, 06:49:34 AM
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 November 26, 2016, 05:42:01 AM
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 
November 26, 2016, 05:02:27 AM
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
November 25, 2016, 12:14:06 PM
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.
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November 25, 2016, 06:26:35 AM
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.
November 25, 2016, 06:24:22 AM
I think now what bitcoin needs to have is a price stability because people are keeping away due to their volatility and risk involvement. Dues to which many business are not accepting it as a mode of payment.
November 25, 2016, 05:56:15 AM
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.
But recently bitcoin value stay on $ 700 over a months , I can consider bitcoin popularity increased over a time
Let see the time goes on so more people can decide to invest bitcoin
November 25, 2016, 05:53:56 AM
Well a stable price would mean people could invest and use bitcoin as an asset like gold and silver, but sure the volatility does bringed to bitcoin huge miners, and investment, people are playing with the bumps and dumps of bitcoin, if those were stable i dont know at wich point bitcoin could be soo sucessfull.
November 25, 2016, 04:56:59 AM
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.
November 25, 2016, 04:30:50 AM
IMO, if Bitcoin has a stable price, then it will be even more popular than it is now. The volatility of the exchange rates are forcing vendors to use third party payment processors such as Bitpay and Coinbase, which increases the expenses. If the exchange rates are stable, then the vendors will be able to directly accept Bitcoin payments.
I don't it that bitcoin will ever be popular because of its stability, investors are attracted to bitcoin for having unstable price and I can say that it has been effective way of getting more investors for it. So if many are thinking that bitcoin will be popular for having a stable price, I disagree because many investors will not take the risk if they see out of that stability.
November 25, 2016, 03:53:29 AM
IMO, if Bitcoin has a stable price, then it will be even more popular than it is now. The volatility of the exchange rates are forcing vendors to use third party payment processors such as Bitpay and Coinbase, which increases the expenses. If the exchange rates are stable, then the vendors will be able to directly accept Bitcoin payments.
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