If Bitcoin had a stable price, would it still be as popular? - page 118.

Xenophoto

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Quote from: Wandering Soul~ on November 25, 2016, 02:40:31 AM

Quote from: PinkLlama on May 03, 2016, 05:37:56 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?

Yes it will be still popular, Many users got into bitcoin because it is not tied with the users identity and its low fees . As long as these two will not change people will still come for bitcoin .

But the thing that worries me is most bitcoin users have become one because it is a good long term investment , So its popularity might not be as fast as it is now .

If bitcoin alone would have a stable price, then bitcoin users would just have to use a different crypto-currency instead. The art of playing with the price fluctuations is one of the reasons why people invest in bitcoins. If it's not volatile anymore, then bitcoin is not that profitable anymore. I wonder what would be the price of 1 bitcoin though. If it's worth millions, I'm sure we, the first ones to be here, would be rich and would just need to convert our bitcoins to become a millionaire in fiat.

Mastsetad

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Quote from: Text on November 25, 2016, 02:19:04 AM

Bitcoin would still be popular if it had a stable price but not the value of $0.1 or $0.01. It would get more popular especially on online merchants and online shopping if the price will be fixed. Probably they would start to accept bitcoin as payment for buying and selling because we notice that they are only few now.

You have to think this also that if the price of bitcoin was stable then it would not be able to reach where it is today, so the thing that it would have been still popular is actually not right because if it would not have a price like this then no one would have been using it now.

Antoshka

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I am confident that the popularity of Bitcoin drops sharply. They ieteresuyutsya investors only because of the price increase. A 50-60% of all users

Positid

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Quote from: Wandering Soul~ on November 25, 2016, 02:40:31 AM

Quote from: PinkLlama on May 03, 2016, 05:37:56 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?

Yes it will be still popular, Many users got into bitcoin because it is not tied with the users identity and its low fees . As long as these two will not change people will still come for bitcoin .

But the thing that worries me is most bitcoin users have become one because it is a good long term investment , So its popularity might not be as fast as it is now .

I guess it's going to be a different story seeing that price, it's not justifiable anymore and coming from $700+ price to a centavos is not a good price, it's like bitcoin is becoming worthless and you can tell already with that price that people are not using it already.

Wandering Soul~

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Quote from: PinkLlama on May 03, 2016, 05:37:56 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?

Yes it will be still popular, Many users got into bitcoin because it is not tied with the users identity and its low fees . As long as these two will not change people will still come for bitcoin .

But the thing that worries me is most bitcoin users have become one because it is a good long term investment , So its popularity might not be as fast as it is now .

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Quote from: MONKEYJUNK on November 25, 2016, 01:58:42 AM

Quote from: Xester on November 21, 2016, 03:02:10 AM

Quote from: lakisis on November 04, 2016, 05:43:28 PM

Quote from: bitjoin on November 04, 2016, 02:35:37 PM

I think if the price went constantly down it would lose popularity. Price has to go up long term to keep new interest. Even with the current slow increase we've been having over last year or so its still not enough to get people interested. Bitcoin social media is quiet still unless we get new ATHs.

i agree with you if bitcoin drop its price then people will be never interested in bitcoin but bitcoin more increasing its price and a lot of people want to adopt the bitcoin and bitcoin price depend on adoption of bitcoin when adoption increase then bitcoin price already increase and when adoption decrease then bitcoin price already decreasing.

Yes, I agree! Price really matter. Why people now are getting interested with bitcoins? I think its because of its continuously increasing of price was the main reason. People are always looking for the best digital currency of crypto currency, like what they said, Collect and Select. Among all, bitcoins reach the highest price and got more popular and popular, Many investors also recognise bitcoins and invest for it. If its price was stable and too small, it might be left behind.

That's the problem with bitcoin, a lot of people buy just for especulation, just to make money selling in the future, looks like a big scheme.

If people start to use it more as a currency, focusing on accepting the coin on market and things like that would be great and this will increase more the price than just holding and pumping without reason.

You can't blame them because they saw that bitcoin is very progressive and it's the trend that it grows overtime. They have their own mind and conducted their own study for sure before investing for the long term, and we can only tell if they are right after such event.

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Quote from: Text on November 25, 2016, 02:19:04 AM

Bitcoin would still be popular if it had a stable price but not the value of $0.1 or $0.01. It would get more popular especially on online merchants and online shopping if the price will be fixed. Probably they would start to accept bitcoin as payment for buying and selling because we notice that they are only few now.

I am thinking that bitcoin will have a stable price if it become popular first... Right now the price is moving a lot maybe because there are people who are holding and selling and I think even a small amount of bitcoin poured in the market could move the price..

Text

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Bitcoin would still be popular if it had a stable price but not the value of $0.1 or $0.01. It would get more popular especially on online merchants and online shopping if the price will be fixed. Probably they would start to accept bitcoin as payment for buying and selling because we notice that they are only few now.

MONKEYJUNK

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Quote from: Xester on November 21, 2016, 03:02:10 AM

Quote from: lakisis on November 04, 2016, 05:43:28 PM

Quote from: bitjoin on November 04, 2016, 02:35:37 PM

I think if the price went constantly down it would lose popularity. Price has to go up long term to keep new interest. Even with the current slow increase we've been having over last year or so its still not enough to get people interested. Bitcoin social media is quiet still unless we get new ATHs.

i agree with you if bitcoin drop its price then people will be never interested in bitcoin but bitcoin more increasing its price and a lot of people want to adopt the bitcoin and bitcoin price depend on adoption of bitcoin when adoption increase then bitcoin price already increase and when adoption decrease then bitcoin price already decreasing.

Yes, I agree! Price really matter. Why people now are getting interested with bitcoins? I think its because of its continuously increasing of price was the main reason. People are always looking for the best digital currency of crypto currency, like what they said, Collect and Select. Among all, bitcoins reach the highest price and got more popular and popular, Many investors also recognise bitcoins and invest for it. If its price was stable and too small, it might be left behind.

That's the problem with bitcoin, a lot of people buy just for especulation, just to make money selling in the future, looks like a big scheme.

If people start to use it more as a currency, focusing on accepting the coin on market and things like that would be great and this will increase more the price than just holding and pumping without reason.

agamasrori

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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.

Ziskinberg

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Quote from: Xester on November 21, 2016, 03:02:10 AM

Quote from: lakisis on November 04, 2016, 05:43:28 PM

Quote from: bitjoin on November 04, 2016, 02:35:37 PM

I think if the price went constantly down it would lose popularity. Price has to go up long term to keep new interest. Even with the current slow increase we've been having over last year or so its still not enough to get people interested. Bitcoin social media is quiet still unless we get new ATHs.

i agree with you if bitcoin drop its price then people will be never interested in bitcoin but bitcoin more increasing its price and a lot of people want to adopt the bitcoin and bitcoin price depend on adoption of bitcoin when adoption increase then bitcoin price already increase and when adoption decrease then bitcoin price already decreasing.

Yes, I agree! Price really matter. Why people now are getting interested with bitcoins? I think its because of its continuously increasing of price was the main reason. People are always looking for the best digital currency of crypto currency, like what they said, Collect and Select. Among all, bitcoins reach the highest price and got more popular and popular, Many investors also recognise bitcoins and invest for it. If its price was stable and too small, it might be left behind.

We can be more specific I guess, the price matters and it would be better for us to see bigger prices of bitcoin. With the price increasing it encourage us to put our money in bitcoin because we are thinking it as our investment and hoping the future will be great for us.

Xester

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Quote from: lakisis on November 04, 2016, 05:43:28 PM

Quote from: bitjoin on November 04, 2016, 02:35:37 PM

I think if the price went constantly down it would lose popularity. Price has to go up long term to keep new interest. Even with the current slow increase we've been having over last year or so its still not enough to get people interested. Bitcoin social media is quiet still unless we get new ATHs.

i agree with you if bitcoin drop its price then people will be never interested in bitcoin but bitcoin more increasing its price and a lot of people want to adopt the bitcoin and bitcoin price depend on adoption of bitcoin when adoption increase then bitcoin price already increase and when adoption decrease then bitcoin price already decreasing.

Yes, I agree! Price really matter. Why people now are getting interested with bitcoins? I think its because of its continuously increasing of price was the main reason. People are always looking for the best digital currency of crypto currency, like what they said, Collect and Select. Among all, bitcoins reach the highest price and got more popular and popular, Many investors also recognise bitcoins and invest for it. If its price was stable and too small, it might be left behind.

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Quote from: Japinat on November 07, 2016, 12:50:38 AM

Quote from: ?? on ??

Quote from: lakisis on November 06, 2016, 05:18:32 PM

yeah bitcoin will be still popular if bitcoin price had stable , and there is maximum people put their money into bitcoin and people start to more trade in bitcoin and some people growing their bitcoin through altcoin trading.

No it won't be popular as it will be today, because if bitcoin has stable price or let's say the exact price. It will not attract the investors if bitcoin has this kind of characteristic. But because of bitcoins decentralization and not having stable price, this is making thousands and even millions of investors (I think) to attract them into investing with it.

It will be more popular I guess but on a different level, when the price is stable more people will still use it like those shopping in big merchants who will eventually adopt. In addition, the gambling sites will still adopt bitcoin because people are not hoping for the price increase as long as they can use bitcoin to gamble.

When the bitcoin market capitalisation is more than 10 trillion dollars, the price will be more stable.

Japinat

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Quote from: lakisis on November 06, 2016, 05:18:32 PM

yeah bitcoin will be still popular if bitcoin price had stable , and there is maximum people put their money into bitcoin and people start to more trade in bitcoin and some people growing their bitcoin through altcoin trading.

No it won't be popular as it will be today, because if bitcoin has stable price or let's say the exact price. It will not attract the investors if bitcoin has this kind of characteristic. But because of bitcoins decentralization and not having stable price, this is making thousands and even millions of investors (I think) to attract them into investing with it.

It will be more popular I guess but on a different level, when the price is stable more people will still use it like those shopping in big merchants who will eventually adopt. In addition, the gambling sites will still adopt bitcoin because people are not hoping for the price increase as long as they can use bitcoin to gamble.

lakisis

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yeah bitcoin will be still popular if bitcoin price had stable , and there is maximum people put their money into bitcoin and people start to more trade in bitcoin and some people growing their bitcoin through altcoin trading.

KingdomHearts

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Quote from: lakisis on November 04, 2016, 05:43:28 PM

Quote from: bitjoin on November 04, 2016, 02:35:37 PM

I think if the price went constantly down it would lose popularity. Price has to go up long term to keep new interest. Even with the current slow increase we've been having over last year or so its still not enough to get people interested. Bitcoin social media is quiet still unless we get new ATHs.

i agree with you if bitcoin drop its price then people will be never interested in bitcoin but bitcoin more increasing its price and a lot of people want to adopt the bitcoin and bitcoin price depend on adoption of bitcoin when adoption increase then bitcoin price already increase and when adoption decrease then bitcoin price already decreasing.

you are right that bitcoin increasing its price and more people adopting bitcoin in huge amount and i think bitcoin getting more popularity day by day and i think bitcoin will be soon get approve by government because bitcoin is very famous currency.

overcliff433

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It would be a lot more popular, people are, usually, scared about volatility because they always think that their money could be lost at any given second

CroIsBest

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Yea it will be popular why not but i think that bitcoin will be less popular because of govrements laws and then new cryptocurrencies will be popular but i think that it will not affect to bitcoin stole 1 place.

michkima

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Bitcoin won't is stable for a long time, and that is because you have to know that the price is always changing and now it is also rising, so that is very nice for people who are waiting.

And it will be really hard to know what is going to happen in the future so that is the bad thing of it.

xdrpx

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I'm sure in the minds of those who aren't knowledgeable about Bitcoins they might have heard from their friends or news sources about the Bitcoins price and how it used to be about $1000 and rose in just few days from about $600. But popularity of Bitcoin for those who know about it and how it functions means that it's decentralized and not regulated by any Government body. Bitcoin is popular for allowing people to be their own bank and not to rely on Government controlled financial bodies.

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