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Topic: If Bitcoin had a stable price, would it still be as popular? - page 127. (Read 171763 times)

legendary
Activity: 2688
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It would be more popular if the price would be high,lets say $1000 then many people would be interested to bitcoin, if the price would be lower $1 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.

Wrong. If bitcoin will reached $1 then no cryptos will be worth to try with investment.

And if we go back in the past, when bitcoin was still on $1 value there are no other coins back then so how can you say that people will look into other coin? Or if ever there was other coins, bitcoin is still on rank 1 in terms of value of it of $1.
member
Activity: 76
Merit: 10
It would be more popular if the price would be high,lets say $1000 then many people would be interested to bitcoin, if the price would be lower $1 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.
hero member
Activity: 3010
Merit: 666
Maybe it would because a lot of shops would see it as more interesting and then adopt it as a payment method which brings more popularity again but Maybe it wouldn't be still as popular cause a lot of people are here just to profit from price swings.
They will adopt for sure as they know they can get a big market, people will also use bitcoin as it is very easy to transact, there is no need to verify an account anymore as it is easy as 1 2 3. That is bitcoin that is why it is superior than the others.
sr. member
Activity: 420
Merit: 250
Maybe it would because a lot of shops would see it as more interesting and then adopt it as a payment method which brings more popularity again but Maybe it wouldn't be still as popular cause a lot of people are here just to profit from price swings.
sr. member
Activity: 672
Merit: 250
I do like what bitcoin has becamed, and the potencial earnings at it made the most people invest into it, but if the price were more stable, without such fluctuations we would see maybe a bigger invest into it, because we would have the support of the medium and low risk investor into bitcoin.

If the price was stable there it would not have been so popular and it was like all other currencies that are used online by just a few people and no one in the world would know about it, but now it is so popular just because of its high value and high price, if it was stable there would not have been millions of people using it.
sr. member
Activity: 378
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yes , still it will remain popular . Because bitcoin in the online world is not only for trading but it is use as payment in worldwide . and no limit to save money and free of taxation .

for the average joe stability is a great thing because that's exactly what they are looking for. i personally wouldn't mind some sort of stability, but as a trader i also like the times where the volatility takes over the market.
trader will surely not happy if bitcoin become a stable price currency , they take profit in the volatility. without volatility bitcoin are just an ordinary thing on internet , nothing special anymore.

so i guess let it be like this , i don't expect bitcoin to have a stable price .
Of course but a certain group particularly the merchant will be happy to see a stable price as they can start doing there business without the risk of losing the value of their money, and I believe in the future the price will be stable so if you are an investor an trader, our time to make money is now.

Merchants would be surely be happy when  bitcoins price would  stabilize its  price because they dont need  to worry on the  deflation on bitcoins  price same as you said  but  the  trades  and  investors would surely switch  to another  crypto  which is more volatile because  being  volatile means  money.
For sure and we can easily shop online but I would want that to happen so because I am still enjoying on the volatility of bitcoin's price, I am earning for being a trader and investor at the same time, as long as it will increase I don't mind not seeing a stable price.
legendary
Activity: 3094
Merit: 1127
yes , still it will remain popular . Because bitcoin in the online world is not only for trading but it is use as payment in worldwide . and no limit to save money and free of taxation .

for the average joe stability is a great thing because that's exactly what they are looking for. i personally wouldn't mind some sort of stability, but as a trader i also like the times where the volatility takes over the market.
trader will surely not happy if bitcoin become a stable price currency , they take profit in the volatility. without volatility bitcoin are just an ordinary thing on internet , nothing special anymore.

so i guess let it be like this , i don't expect bitcoin to have a stable price .
Of course but a certain group particularly the merchant will be happy to see a stable price as they can start doing there business without the risk of losing the value of their money, and I believe in the future the price will be stable so if you are an investor an trader, our time to make money is now.

Merchants would be surely be happy when  bitcoins price would  stabilize its  price because they dont need  to worry on the  deflation on bitcoins  price same as you said  but  the  trades  and  investors would surely switch  to another  crypto  which is more volatile because  being  volatile means  money.
hero member
Activity: 952
Merit: 500
yes , still it will remain popular . Because bitcoin in the online world is not only for trading but it is use as payment in worldwide . and no limit to save money and free of taxation .

for the average joe stability is a great thing because that's exactly what they are looking for. i personally wouldn't mind some sort of stability, but as a trader i also like the times where the volatility takes over the market.
trader will surely not happy if bitcoin become a stable price currency , they take profit in the volatility. without volatility bitcoin are just an ordinary thing on internet , nothing special anymore.

so i guess let it be like this , i don't expect bitcoin to have a stable price .
Of course but a certain group particularly the merchant will be happy to see a stable price as they can start doing there business without the risk of losing the value of their money, and I believe in the future the price will be stable so if you are an investor an trader, our time to make money is now.
legendary
Activity: 2674
Merit: 1048
yes , still it will remain popular . Because bitcoin in the online world is not only for trading but it is use as payment in worldwide . and no limit to save money and free of taxation .

for the average joe stability is a great thing because that's exactly what they are looking for. i personally wouldn't mind some sort of stability, but as a trader i also like the times where the volatility takes over the market.
trader will surely not happy if bitcoin become a stable price currency , they take profit in the volatility. without volatility bitcoin are just an ordinary thing on internet , nothing special anymore.

so i guess let it be like this , i don't expect bitcoin to have a stable price .
hero member
Activity: 938
Merit: 500
I do like what bitcoin has becamed, and the potencial earnings at it made the most people invest into it, but if the price were more stable, without such fluctuations we would see maybe a bigger invest into it, because we would have the support of the medium and low risk investor into bitcoin.
legendary
Activity: 3010
Merit: 1280
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If bitcoin will be stable price someday traders will will stop trading and investors will go out because they are not making profit anymore and i think bitcoin still not so popular as of now.
definitely true,so many traders are into bitcoin because of the unstable price that could give them profit rather than trading fiat that's sometimes stable for a long time,and i think there's so many traders that could take advantage of this unstable price and if the price were stable they will get away from it because it's not profitable anymore to stay here and seeking for another alternative for better earning

I agree that when bitcoin become stable, one kind of trader (those who buy and sell bitcoin because of its high volatility) will stop and look for another profit generating stuff. But another kind of trader (merchants who buy and sell real goods in the neighborhood) will flock in due to the stability of bitcoin.   When this kind of trader takes over, I'm very sure that bitcoin will become more popular than ever.
legendary
Activity: 896
Merit: 1000
yes , still it will remain popular . Because bitcoin in the online world is not only for trading but it is use as payment in worldwide . and no limit to save money and free of taxation .

for the average joe stability is a great thing because that's exactly what they are looking for. i personally wouldn't mind some sort of stability, but as a trader i also like the times where the volatility takes over the market.
sr. member
Activity: 269
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?
I think that if the price was stable that bitcoin would not be as popular as it is at this moment so it would not be as popular.
The price is not stable and that is why people make so much use of it.
sr. member
Activity: 476
Merit: 250
If bitcoin will be stable price someday traders will will stop trading and investors will go out because they are not making profit anymore and i think bitcoin still not so popular as of now.
definitely true,so many traders are into bitcoin because of the unstable price that could give them profit rather than trading fiat that's sometimes stable for a long time,and i think there's so many traders that could take advantage of this unstable price and if the price were stable they will get away from it because it's not profitable anymore to stay here and seeking for another alternative for better earning
And they are just doing right since we are in the early phase and that helps a lot of the increase of demand of bitcoin. When the price increases more people will be attracted to adopt and that is why we are growing bigger now as a community.
Yeah Im agree with it and according to my research bitcoins have more buyers than the seller and base of my understanding they are more people adopt bitcoins now.What do you think

What I see is that if more and more people are buying bitcoins it means that more people are investing.
This is a good thing. The price will rise up along with the establishment of different businesses that people may think of.
sr. member
Activity: 672
Merit: 250
I think of course bitcoin will remain popular. you see some time ago and several times the price of bitcoin be stable for some time but you can see bitcoin still popular?

Being stable for some time is something else but having a stable price is something else, bitcoin has probably been stable in between the period it has been alive but it has a price that always fluctuates so that is the reason which makes it so popular but if it had a price that was always stable then it wouldn't have been where it is today.
hero member
Activity: 882
Merit: 500
yes , still it will remain popular . Because bitcoin in the online world is not only for trading but it is use as payment in worldwide . and no limit to save money and free of taxation .
hero member
Activity: 1148
Merit: 527
Considering some reasons, I think bitcoin would still be popular even if it have a stable price but not as popular as it is today. I said that since many of us use bitcoin to earn more money and if it had a stable price, bitcoin holding will be out of the option to earn money and this method to earn money was the most commonly used by whales so I think it wouldn't be as popular as it is today if it had a stable price.
But I think, at stability it will be more popular than today as if it gains more stability then more and more companies will adopt bitcoins for their business and people will also start to put their money in it without any fear of volatility. Stable price is not a most demanded one, but it also has some advantages.
hero member
Activity: 1022
Merit: 521
If bitcoin will be stable price someday traders will will stop trading and investors will go out because they are not making profit anymore and i think bitcoin still not so popular as of now.
definitely true,so many traders are into bitcoin because of the unstable price that could give them profit rather than trading fiat that's sometimes stable for a long time,and i think there's so many traders that could take advantage of this unstable price and if the price were stable they will get away from it because it's not profitable anymore to stay here and seeking for another alternative for better earning

but if it will be stable then people will put their money in bitcoin more faster and they will start their businesses with bitcoin and in this way the value will start to increase more and no one will be ready to leave bitcoin. The investors will keep their bitcoins in their wallet for more longer.
hero member
Activity: 3010
Merit: 666
I think of course bitcoin will remain popular. you see some time ago and several times the price of bitcoin be stable for some time but you can see bitcoin still popular?
As long as the price is progressive we can expect the the bitcoin will remain popular. There are different groups who have different interest with bitcoins and the group of merchants will really be interested to adopt with bitcoin as they are secured with the price fluctuation that is happening at the current stage.
sr. member
Activity: 476
Merit: 250
I think of course bitcoin will remain popular. you see some time ago and several times the price of bitcoin be stable for some time but you can see bitcoin still popular?
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