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?
I do not think that it will happen. If you mean is bitcoin price against fiat, it would not be stable. Why becouse fiat is does not have maximal amount so fiat will get inflation. Fiat value will always decrease every time or every years. 
Topic: If Bitcoin had a stable price, would it still be as popular? - page 121. (Read 171736 times)
i think if more people know about bitcoin then bitcoin can be popular and its not about bitcoin had a stable price, its about more people that will want to know and use bitcoin itself that will make bitcoin more popular
of course bitcoin could remain popular dude, because bitcoin is not only about commodities, and dosen't mean bitcoin price to be stable and you cannot make a profit, you can still make a profit despite stable prices dudeand in addition bitcoin has advantages as digital currency that nice
As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
I don't know, there's a lot of oportunity with the floating price... You can have for example an coffe machine that accept Bitcoins only, and well, you just wait for the best time to trade to a fiat currency, it can be a big deal if you have patience and don't need the money fast.
As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
I don't know, there's a lot of oportunity with the floating price... You can have for example an coffe machine that accept Bitcoins only, and well, you just wait for the best time to trade to a fiat currency, it can be a big deal if you have patience and don't need the money fast.
As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
Long term investment implies that the price should grow in the long run. So it can't be stable by any definition, or otherwise long term investments make no sense (not profitable). And I could add even more, namely, that stable growth (which you might bring forward next time as a counterargument) is even less possible than stable price itself...
The higher the price rises, the more severe the price swings will be
You really have the point because long term investment into bitcoin would be all useless if bitcoins would stabilize its price and many investors and huge bitcoin holders wouldnt be happy with that for sure and they would surely switch to another crypto which do have volatile price. Bitcoin would be still famous though for merchants and others business out there but not the same when its price is in volatile mode.
As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
Long term investment implies that the price should grow in the long run. So it can't be stable by any definition, or otherwise long term investments make no sense (not profitable). And I could add even more, namely, that stable growth (which you might bring forward next time as a counterargument) is even less possible than stable price itself...
The higher the price rises, the more severe the price swings will be
You really have the point because long term investment into bitcoin would be all useless if bitcoins would stabilize its price and many investors and huge bitcoin holders wouldnt be happy with that for sure and they would surely switch to another crypto which do have volatile price. Bitcoin would be still famous though for merchants and others business out there but not the same when its price is in volatile mode.
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As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
I don't know, there's a lot of oportunity with the floating price... You can have for example an coffe machine that accept Bitcoins only, and well, you just wait for the best time to trade to a fiat currency, it can be a big deal if you have patience and don't need the money fast.
As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
Long term investment implies that the price should grow in the long run. So it can't be stable by any definition, or otherwise long term investments make no sense (not profitable). And I could add even more, namely, that stable growth (which you might bring forward next time as a counterargument) is even less possible than stable price itself...
The higher the price rises, the more severe the price swings will be
As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
I don't know, there's a lot of oportunity with the floating price... You can have for example an coffe machine that accept Bitcoins only, and well, you just wait for the best time to trade to a fiat currency, it can be a big deal if you have patience and don't need the money fast.
As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
yes there is no doubt about this that bitcoin will be still stable ever after it become stable and may be become more stable that its previous position.
You would lose a lot of the speculators, but on the other hand, you would also win a lot of average people. So I guess result would be the same.
Nope, it would result the same. If the bitcoin will had stable price then it would led the people to stay away from bitcoin as it has stable value, they would choose to use fiat money or paypal for that case. That is why many investors are starting to come up with bitcoin because of its unstable price, its decentralization, they can see a good way to get profit with it.
You would lose a lot of the speculators, but on the other hand, you would also win a lot of average people. So I guess result would be the same.
Nope, it would result the same. If the bitcoin will had stable price then it would led the people to stay away from bitcoin as it has stable value, they would choose to use fiat money or paypal for that case. That is why many investors are starting to come up with bitcoin because of its unstable price, its decentralization, they can see a good way to get profit with it.
You would lose a lot of the speculators, but on the other hand, you would also win a lot of average people. So I guess result would be the same.
If you will look at the effect of the economy of bitcoin as a whole, I believe that affect would be positive as speculators are just a lower volume compared to the average people you are talking that will adopt with bitcoins. It will create demand if that happens and the price will again increase although it will not fluctuate that hard. I think it is more on a one way price movement and that is an increase trend.
One problem that would ease or become more obvious is how the bitcoin atm units exploit price and currency exchange to hide their true fees. Imagine this would spread into other aspects as well and would kill a bit of the profit margin for like minded companies.
Once bitcoin leveled off exchanges would have to adapt or go the way of the dodo and I think a bit of the lending would also peter out as the percentages would not be as big and speculative.
Once bitcoin leveled off exchanges would have to adapt or go the way of the dodo and I think a bit of the lending would also peter out as the percentages would not be as big and speculative.
You would lose a lot of the speculators, but on the other hand, you would also win a lot of average people. So I guess result would be the same.
I do not know, I guess it still bitcoin become popular. Well, besides the price is not stable, still has a bitcoin transaction so quickly, which makes people perform transactions on the Internet use it. in addition there are many other advantages that bitcoin, but I think its popularity will decrease, because I know, most investors are those who expect profits on price volatility
You're right, Bitcoin will lose investors. As a means of payment, he is not much interested. Therefore, I believe that if the price is stabilized, then Bitcoin will simply die
I do not know, I guess it still bitcoin become popular. Well, besides the price is not stable, still has a bitcoin transaction so quickly, which makes people perform transactions on the Internet use it. in addition there are many other advantages that bitcoin, but I think its popularity will decrease, because I know, most investors are those who expect profits on price volatility
Bitcoin will always be popular whether it has a stable price or a fluctuating price. Investor will be attracted if the price of bitcoin is fluctuating. If it become stable, merchant will be attracted to it, setting up stores to gain more user to use bitcoin as mode of payment. This is the beauty of bitcoin. It adapts in every situation.
I dont agree, several people give up invest at bitcoins because the bubble if bitcoin were worthing a 600 dollars and today fluctuating 50 dollars up or down we would be much bigger then we are.
That is the reason why it catches the attention of investors because when it starts growing it just gives you great profits as an investor, see the price right now, before a few days it was around $610 and now we can see its reaching around $660-670, so if the price was stable that change would not have been possible which in a result would have been the reason of less users.
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