If Bitcoin had a stable price, would it still be as popular? - page 129.

virusasog

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Quote from: diodio5 on October 08, 2016, 06:00:38 AM

Quote from: wowanstrong on October 08, 2016, 03:13:11 AM

I hope that this will not happen and the price of Bitcoin will grow. But if it happened, I personally would have no more interest in Bitcoin

I think you should know that while the price of bitcoin will be stable, as some time ago bitcoin prices are very stable at $ 600 but it will happen only temporary?
What do you think when the price of bitcoin be stable for some time only ?

Yup price of the bitcoin will be stable for sometime only. As you said in price wise bitcoin so volatile and It wil rise in the upcoming future. So wait and win with your holding bitcoins.

coynedterm

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Quote from: PinkLlama on May 03, 2016, 04:37:56 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?

in my opinion if it would be lile stability in the bitcoin price then there will be something down for the trader and user of bitcoin who always earn with Bitcoin only .

naidray

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Quote from: gkv9 on October 06, 2016, 01:41:50 PM

Quote from: exscudo on October 06, 2016, 01:25:17 PM

If it is more stable, other people - not speculators - will buy btc. These are long-term investors. And the speculators who are trading it now just move on to other cybercurrencies, with much more volatility.

Why not speculators??? Even it is still a stable currency, but there are still lots of investors getting involved in this and investing more and more, thus running the markets and giving it the volume it needs to remain at its place... Though they won't make anything big in their short term, but they will make at least something which is better than nothing when it is about bitcoins...

I think there is no any difference between other investors and speculators. Speculators are also long term investors.
Among speculators I have some people who have waited for more than a year before the halving when they heard about halving a year ago.

diodio5

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Quote from: wowanstrong on October 08, 2016, 03:13:11 AM

I hope that this will not happen and the price of Bitcoin will grow. But if it happened, I personally would have no more interest in Bitcoin

I think you should know that while the price of bitcoin will be stable, as some time ago bitcoin prices are very stable at $ 600 but it will happen only temporary?
What do you think when the price of bitcoin be stable for some time only ?

mace15

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If bitcoin had a stable price, i think still the same status right now.
Bitcoin is volatile price or not the effect still would be close to
people since they seems want to earn or gain profit more in
btc.

1Referee

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Quote from: pitham1 on October 08, 2016, 05:05:20 AM

Quote from: 1Referee on October 08, 2016, 02:56:14 AM

Quote from: Universat on October 08, 2016, 02:35:02 AM

Quote from: elDano on October 06, 2016, 11:14:49 PM

No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.

but i think if the price of bitcoin remain stable it will become more and more popular, people will then trust on bitcoin and they will then put more and more money in bitcoin. therefore to me if the price of bitcoin remain stable its popularity will increase more.

Stability is a great aspect if it ever comes to happen, but the problem then will be that traders will pull back their money from the market. And exactly this money is needed to keep the market liquid. That's why I prefer Bitcoin to remain volatile, so traders have reason to pump their money into Bitcoin.

If the market is not liquid, then it cannot be stable. Wink

If traders pull their money out, some other class of investors will park their money in Bitcoin, given its stability.

Bitcoin price is driven by hype and speculation, traditional investors looking to use Bitcoin as store of value will head more likely towards Gold. It has always been like that, and I don't think it will change. The thing that scares off potential institutional investors and other high level investors, that there are too many early birds and people with insane amounts of coins. The higher the price goes, the less effort they need to do in order to get the price to tank.

pitham1

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Quote from: 1Referee on October 08, 2016, 02:56:14 AM

Quote from: Universat on October 08, 2016, 02:35:02 AM

Quote from: elDano on October 06, 2016, 11:14:49 PM

No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.

but i think if the price of bitcoin remain stable it will become more and more popular, people will then trust on bitcoin and they will then put more and more money in bitcoin. therefore to me if the price of bitcoin remain stable its popularity will increase more.

Stability is a great aspect if it ever comes to happen, but the problem then will be that traders will pull back their money from the market. And exactly this money is needed to keep the market liquid. That's why I prefer Bitcoin to remain volatile, so traders have reason to pump their money into Bitcoin.

If the market is not liquid, then it cannot be stable. Wink

If traders pull their money out, some other class of investors will park their money in Bitcoin, given its stability.

wowanstrong

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I hope that this will not happen and the price of Bitcoin will grow. But if it happened, I personally would have no more interest in Bitcoin

Rostadom

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Right now we are at a stable price. This is the proof that Bitcoin will continue to be popular even if the market sometimes becomes almost steady. There are just some price fluctuations these days like 10$ range of difference every now and then. Eventually, there's either a whale that will dump or a whale that will fill in his stash so this price stability will never stay forever but it might stay for a little longer.

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Quote from: Universat on October 08, 2016, 02:35:02 AM

Quote from: elDano on October 06, 2016, 11:14:49 PM

No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.

but i think if the price of bitcoin remain stable it will become more and more popular, people will then trust on bitcoin and they will then put more and more money in bitcoin. therefore to me if the price of bitcoin remain stable its popularity will increase more.

Stability is a great aspect if it ever comes to happen, but the problem then will be that traders will pull back their money from the market. And exactly this money is needed to keep the market liquid. That's why I prefer Bitcoin to remain volatile, so traders have reason to pump their money into Bitcoin.

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Quote from: Bitcoinsummoner on October 07, 2016, 11:44:22 AM

Quote from: agustina2 on October 07, 2016, 11:11:33 AM

Quote from: Zadicar on October 07, 2016, 05:37:57 AM

Exactly they would switch to other coin which has more volatile price and traders would like that and its not only a small portion because big investors do also like on bitcoin because of moving prices and if bitcoin would stable its price then popularity would somehow decrease.

Try to read how forex traders are getting profit out of the stable price of fiat currencies and you will have some enlightment.

If bitcoin price is stable, the trades is still profitable. Try to learn new things mate.

But how they are making a profit if the price is very stable i think if the price is increase 1% a month they are making profit?
Honestly i still not try forex trading since they are asking for high investment or deposit..

Bitcoin trading and forex seems to different in some ways. Forex could always be a profitable one and we all know that doing forex trading would require you a lot of money in able to be profitable even in a single or triple pip move but in bitcoin if it would stable its price stable means "steady" no movement at all so how can traders would be profitable with that?

Universat

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Quote from: elDano on October 06, 2016, 11:14:49 PM

No I do not think that if the bitcoin was stable that it was grown so fast because of the instability the bitcoin was growing so fast, people knew they could make some nice amounts due to this.

but i think if the price of bitcoin remain stable it will become more and more popular, people will then trust on bitcoin and they will then put more and more money in bitcoin. therefore to me if the price of bitcoin remain stable its popularity will increase more.

mundang

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Changing in price of bitcoin makes it more popular,some gained profits others not. And if bitcoin will have a stable price some holders will now leave bitcoin. As long as there is change on price bitcoin will be more popular and some will adore it.

goldcoinminer

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Quote from: Newcoins2020 on October 07, 2016, 09:14:13 PM

No I do not think that it will be very popular anymore if it had a stable price because the instability made it attractable for people so they can make profit when its going fast to a high amount when they bought in a low price.

There will two group that will be affected with the stable price, the group one are the merchants and the people who love to spend online to buy products, for sure they will be happy, but the other side will be lonely and will lost its interest with bitcoin as they will no longer earn in trading.

Newcoins2020

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No I do not think that it will be very popular anymore if it had a stable price because the instability made it attractable for people so they can make profit when its going fast to a high amount when they bought in a low price.

KingdomHearts

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Quote from: financetalks on October 07, 2016, 12:51:41 AM

Quote from: PinkLlama on May 03, 2016, 04:37:56 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?

It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.

Yeah bitcoin really become more and more popular , and its really a huge number of organization are using bitcoin and more organization are adopting bitcoin and i am sure bitcoin will be get more popularity and bitcoin will be more increasing its price.

PokerFace3

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Quote from: Altynbekova on October 06, 2016, 05:41:58 AM

If bitcoin had a stable price then it would probably be the same popular or even more popular. Having a stable price attracts a different kind of people more like business owners instead of major investors cause businesses like stable prices when handling in that currency.

I agree with your points I myself when thinking to start a business with bitcoin first I think that how much will be the price of bitcoin stable in that particular period and whenever I see the price in higher fluctuations I do not prefer to start my business with bitcoin until it gain stability.

Bitcoinsummoner

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Quote from: agustina2 on October 07, 2016, 11:11:33 AM

Quote from: Zadicar on October 07, 2016, 05:37:57 AM

Exactly they would switch to other coin which has more volatile price and traders would like that and its not only a small portion because big investors do also like on bitcoin because of moving prices and if bitcoin would stable its price then popularity would somehow decrease.

Try to read how forex traders are getting profit out of the stable price of fiat currencies and you will have some enlightment.

If bitcoin price is stable, the trades is still profitable. Try to learn new things mate.

But how they are making a profit if the price is very stable i think if the price is increase 1% a month they are making profit?
Honestly i still not try forex trading since they are asking for high investment or deposit..

agustina2

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Quote from: Zadicar on October 07, 2016, 05:37:57 AM

Exactly they would switch to other coin which has more volatile price and traders would like that and its not only a small portion because big investors do also like on bitcoin because of moving prices and if bitcoin would stable its price then popularity would somehow decrease.

Try to read how forex traders are getting profit out of the stable price of fiat currencies and you will have some enlightment.

If bitcoin price is stable, the trades is still profitable. Try to learn new things mate.

Ziskinberg

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Quote from: Zadicar on October 07, 2016, 05:37:57 AM

Quote from: Positid on October 07, 2016, 01:27:39 AM

Quote from: simpler2016 on October 07, 2016, 01:02:09 AM

Quote from: financetalks on October 07, 2016, 12:51:41 AM

Quote from: PinkLlama on May 03, 2016, 04:37:56 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?

It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.

It can of course, at a constant interest in Bitcoin price remains at large organizations. But people have lost interest in this.

I don't think people would lose their interest in bitcoin if the stable price will happen, maybe only a certain portion of the group will lost its interest in bitcoin as they will no longer earn by doing day trading, they will surely miss the big price fluctuation of bitcoin.

Exactly they would switch to other coin which has more volatile price and traders would like that and its not only a small portion because big investors do also like on bitcoin because of moving prices and if bitcoin would stable its price then popularity would somehow decrease.

It could possibly happen, if whales trust the new coins they would definitely put money on it and us being a member here in the community we will just follow where the money at, maybe that time we can see a more progressive different coins from altcoins.

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