If Bitcoin had a stable price, would it still be as popular? - page 130.

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Quote from: Positid on October 07, 2016, 02:27:39 AM

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

Quote from: financetalks on October 07, 2016, 01:51:41 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?

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.

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

Quote from: financetalks on October 07, 2016, 01:51:41 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?

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.

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Quote from: financetalks on October 07, 2016, 01:51:41 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?

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.

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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?

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.

doomistake

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Yeah, even bitcoin's price right now is not that good, it is still popular. Many people are still using it because it is really a good way of making money. It also helps us in buying stuffs online having a very fast transaction just by sending bitcoins to that someone that we bought something online. It's too unfair if we're just using bitcoin when it's price is high, but what about when it's low? It will get lower if only few are using it, don't you think? That's why no matter what happens, we must not stop using bitcoin unless the time that it will die.

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Quote from: elDano on October 07, 2016, 12:14:49 AM

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.

Grow fast? I can't see that bitcoin grow fast just because of the price.

Look as a whole and there are only small numbers of bitcoin users in the whole world. It's really popular here in this forum but try to ask some questions outside if they have the idea of bitcoin.

elDano

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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.

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Quote from: vero on October 06, 2016, 02:43:56 PM

Quote from: Noctis Connor on October 06, 2016, 08:46:57 AM

Quote from: bitlancr on September 30, 2016, 10:22:09 AM

If bitcoin had a stable price it would probably be just as popular or even more popular. I think this is the case because when its stable it will me attractive for businesses aswell which will reap in more and more people so some investors leave some join.

Even the bitcoin price is not that stable it always be a popular you way back 2015 when the price of bitcoin is so much cheaper than the price right now if you compare the price before in to the present one you will see the big difference in the price and you will encourage to use bitcoin as well investors are still using bitcoin whenever it is low

Not really sure about that's if the price of bitcoin stable its depends how many store will adopt bitcoin and if not much of course many investor will leave bitcoin.

I don't think the stores and investors will remain in bitcoin if it has a stable price. If that is so, then they will just going to choose fiat money at all.

And don't need it to make it digital as there are some payment processors already making fiat money as digital currency already.

That is why many investors are getting into bitcoins because of its unstable price.

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Quote from: Noctis Connor on October 06, 2016, 08:46:57 AM

Quote from: bitlancr on September 30, 2016, 10:22:09 AM

If bitcoin had a stable price it would probably be just as popular or even more popular. I think this is the case because when its stable it will me attractive for businesses aswell which will reap in more and more people so some investors leave some join.

Even the bitcoin price is not that stable it always be a popular you way back 2015 when the price of bitcoin is so much cheaper than the price right now if you compare the price before in to the present one you will see the big difference in the price and you will encourage to use bitcoin as well investors are still using bitcoin whenever it is low

Not really sure about that's if the price of bitcoin stable its depends how many store will adopt bitcoin and if not much of course many investor will leave bitcoin.

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Quote from: exscudo on October 06, 2016, 02:25:17 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...

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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.

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Quote from: Aamir1 on October 06, 2016, 01:40:05 PM

Quote from: fatima zuhra on October 05, 2016, 04:46:40 PM

to me if the price of bitcoin is becoming stable then the popularity of bitcoin will increase and then more and more people will invest their money in bitcoin for the purpose of trading or just for transferring money from one place to another.

And what about the people who invest for trading bitcoins itself? There are thousands of people who invest their money in bitcoin just to get profits with it by trading it as it fluctuates, so if the price was stable there wouldn't have been so many people doing that right now.

Yeah bitcoin is always depends in demand and supply if bitcoin will be stable some people here in our forum and other are will stop holding it for a long time .. and i think if it will happen i am sure that its associated with government..

Aamir1

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Quote from: fatima zuhra on October 05, 2016, 04:46:40 PM

to me if the price of bitcoin is becoming stable then the popularity of bitcoin will increase and then more and more people will invest their money in bitcoin for the purpose of trading or just for transferring money from one place to another.

And what about the people who invest for trading bitcoins itself? There are thousands of people who invest their money in bitcoin just to get profits with it by trading it as it fluctuates, so if the price was stable there wouldn't have been so many people doing that right now.

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Bitcoin would be still popular even it had a stable price. It will be used for transactions as transaction fees is very low.It has given opportunities to people of all sects to earn. It is a digital currency which can be used for buying products without giving our personal information.It will be popular for decades i hope so.

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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?

Bitcoin would never be as popular because the fact is that most people use it as an investment and not as a currency.
If the price was only stable then it would never be as popular as it is right now.

HilbillyFred

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Quote from: PinkLlama on October 05, 2016, 04:48:45 PM

i would use it, but not as much. i think it would be a bit more used in general purposes in that case.

I do not think that bitcoin would be as popular as it is today because of the fact that the Bitcoin is not stable and people use it as an investment.
If you could only use it as an currency then people would not bother with it is what I think.

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Quote from: bitlancr on September 30, 2016, 10:22:09 AM

If bitcoin had a stable price it would probably be just as popular or even more popular. I think this is the case because when its stable it will me attractive for businesses aswell which will reap in more and more people so some investors leave some join.

Even the bitcoin price is not that stable it always be a popular you way back 2015 when the price of bitcoin is so much cheaper than the price right now if you compare the price before in to the present one you will see the big difference in the price and you will encourage to use bitcoin as well investors are still using bitcoin whenever it is low

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Quote from: mastica on October 06, 2016, 07:24:52 AM

The price were one of the big reasons that made big farmers invest into bitcoin, they are interested into make profit as the most people around bitcoin, but a stable price would be 1000 dollar or less because those value will be reaching again.

That's for sure. The main thing that attracts all (or almost all) in Bitcoin - a rise in its price. And if it stops the growth of Bitcoin will lose its popularity and uniqueness

mastica

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The price were one of the big reasons that made big farmers invest into bitcoin, they are interested into make profit as the most people around bitcoin, but a stable price would be 1000 dollar or less because those value will be reaching again.

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Well the last few weeks the price has been stable but the popularity has not decreased even a bit Cool

Its not the price that matters. People like the advantages offered by bitcoin and prefer to use it. That is why it is so popular and not that people just trade on it because of its price. Trading is one factor but not the only factor.

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