Author

Topic: If Bitcoin had a stable price, would it still be as popular? - page 124. (Read 171764 times)

sr. member
Activity: 336
Merit: 250
The bitcoin will never be popular as now when theprice is stable you knwo lots of people will invest withthee bitcoin because of his value and price
so they wont invest with it when that stops.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
Bitcoin will be popular even if it gets a stable value, because the price is quite high compared to any other currency. This grab the attention of more users and when price gets standardized lot of people who fear of price fluctuations get into the digital currency network.
sr. member
Activity: 298
Merit: 250
If the bitcoin is getting a stable price iut wont be such popular as it is right now becaayse you wont make allot of money with it by investing becaue the price cant
rise again you know.
sr. member
Activity: 364
Merit: 250
If the bitcoin has a stabke price that would never be such popular as he is right now you know lot of people are not getting enough information about
that because investing with the coin right now is awesome.
hero member
Activity: 658
Merit: 500
Yes, because Bitcoin have stable users group - Blockchain have more than 8 millions wallets, plus hardware wallets. BTC user group is also quite popular around Web, so it will be popular also in future, even if BTC price would change.  Grin
legendary
Activity: 1218
Merit: 1000
If the bitcoin prices stable in my opinion it would not be interesting anymore. Because I myself was very interested in the fluctuation of bitcoin, it can be used for short-term investments. But if the price is stable bitcoin might just well be used for the transaction and not profitable to me for short-term investments.
hero member
Activity: 588
Merit: 500
Even fiat currencies like dollars, euro, they still move a little every day. It might not be that much but they still move. It's not stable. Same thing goes for cryptocurrencies, it will continue moving because it's basically a currency and people buy and sell that. But let's just say that Bitcoin gets a stable price, I think it would still be popular because people needs Bitcoin in order to buy/sell stuffs on the Internet.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
i think for now the price of bitcoin is stable, not much to go up and not much to go down, and bitcoin still become popular as we see that more attracted people will use bitcoin for many thing. and if this is for future, then bitcoin still always popular as long as many people still using bitcoin.
For now, but in overall you cannot still call it as stable as in the near future it will start to increase the price again substantially, we are hoping here that the price movement should be mostly on the increase side rather than the fall back, and whatever happen trader will also benefit as bitcoin is destine to be a successful coins.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
i think for now the price of bitcoin is stable, not much to go up and not much to go down, and bitcoin still become popular as we see that more attracted people will use bitcoin for many thing. and if this is for future, then bitcoin still always popular as long as many people still using bitcoin.
legendary
Activity: 806
Merit: 1000
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
sr. member
Activity: 364
Merit: 250
No most likely it will not be so popular as it has become in the years because it was unstable and due to that profitable.
Without a unstable price it would never came so far.
hero member
Activity: 756
Merit: 501
Bitcoin would be still popular even if it had a stable price. Due to stability in its price, more companies have started to accept bitcoin. Due to low transaction fees, Bitcoin would be still popular.
Yes,even it could have become more popular because many companies and people dont accept bitcoin because of its instability in price but if it becomes stable then more and more companies would start accpeting it,and surely bitcoin could became even more popular after that.
Lets look at gold, the price has jumped on the last years, but its value were stable and people did invest huge ammounts at it, if bitcoin were something less volatil we could be and see big companies working with bitcoin already.
full member
Activity: 140
Merit: 100
Bitcoin would be still popular even if it had a stable price. Due to stability in its price, more companies have started to accept bitcoin. Due to low transaction fees, Bitcoin would be still popular.
Yes,even it could have become more popular because many companies and people dont accept bitcoin because of its instability in price but if it becomes stable then more and more companies would start accpeting it,and surely bitcoin could became even more popular after that.
hero member
Activity: 742
Merit: 500
Bitcoin would be still popular even if it had a stable price. Due to stability in its price, more companies have started to accept bitcoin. Due to low transaction fees, Bitcoin would be still popular.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Nevermind about other comments, you still don't get what I'm talking about in this one and I don't think you're trolling either. I understand what you're saying in your comment, some of your analysis may even be a fair guess but it still has nothing to do with the point I was trying to make. It seems we're on completely different wavelengths. I'm sorry but I don't feel I can be any clearer, it could be I'm not finding the right words  Embarrassed

Even when the price wasn't moving, everyone was still counting on it to go up at some point. If you remove this hope completely, like if Bitcoin price is permanently fixed at say $600, the majority of people would lose interest because they can no longer dream that one day Bitcoin will make them rich

I am not challenging your point as such in the first place, namely, people losing interest due to prices being stagnant (that was the message you tried to convey). If people lose interest and faith in Bitcoin because "they can no longer dream that one day Bitcoin will make them rich", the price in no case will remain at $600. Or do you really think that given their lost interest, people will as well forget about the bitcoins they stashed in the vain hope of getting rich fast? They will obviously try to sell their stashes. And now back to what it all started with, isn't that exactly what pumpers and dumpers might want the general public to feel (so "they can no longer dream") with the aim of making them dump their coins cheap as soon as possible (when "you remove this hope completely")? As I said (not me actually but still), there is one thing worse than false hope, and that is false hopelessness (i.e. people falsely no longer hoping for a price rise in the future)...

And then you proceed to claim that I seem not to understand your comments. Who is actually not understanding whom?
sr. member
Activity: 672
Merit: 250
If this happens, those wishing to use Bitcoin will become much smaller. Bitcoin will become uninteresting to investors. lost popularity

Ofcourse that would happen because mostly the ones who are coming to bitcoin for investing are those who wants to get profits out of it which is only possible of the price keeps fluctuating so if it was stable it would not have been so popular at all.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
For me i doesnt matter if bitcoin doesnt have a stable price because i will not make much difference to me,i am the one who uses small amount of bitcoins and some price change will not make much difference to those small amounts,but i will like if bitcoin become more stable.

And in the first place, if bitcoin have a stable price since the beginning, people will look into it as an alternative way to send and receive money and not just by investment purposes.

With this kind of price behaviour if ever it will happened in bitcoin, I see most merchants will accept as one of their payment method since they doesn't need to worry too much about price fluctuations.
newbie
Activity: 28
Merit: 0
If this happens, those wishing to use Bitcoin will become much smaller. Bitcoin will become uninteresting to investors. lost popularity
full member
Activity: 196
Merit: 100
For me i doesnt matter if bitcoin doesnt have a stable price because i will not make much difference to me,i am the one who uses small amount of bitcoins and some price change will not make much difference to those small amounts,but i will like if bitcoin become more stable.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
I see gold not to be too popular despite being around for a long time so Bitcoin having a stable price just might be a different case and can prove popular as it can be used for several kinds of uses
Jump to: