Topic: If Bitcoin had a stable price, would it still be as popular? - page 131. (Read 171736 times)
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.
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.
Same for me as well because i love bitcoin more if it attains a more stable price because it would allow us to manage of coins well and i do believe many peoples will like the same.Bitcoin popularity is not because of its volatile features but because of its other unique features which will stay the same even if bitcoin is more stable.You have a point though that bitcoin would be still popular because of its features not only its volatility but i could assume that its popularity would be less compared on bitcoin it was before because most of bitcoin users are do traders and big investors and they dont like having stable price on bitcoin and they would move into another.
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?
Of course it would not be as popular because most of the Bitcoin users make use of it because they want to make money and use it as an investment. If the Bitcoin was stable then it would not be possible so it would not be as popular.
You are wrong. Bitcoin is unique to other currencies so it's impossible it will not be popular even with a stable price. And besides it will be more adopted by those merchants since no need to worry about the price fluctuations.
Profit is just a bonus while using bitcoin as an investment.
I know that. The point here is popularity.
Yes because bitcoin price is quiet interesting, it really gives a popularity in the digital world. But you know even it's not, bitcoin will still be popular too since it will introduce in the other way. Although it will take time before it reached the massive popularity still it will happen as time goes by.
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.
Same for me as well because i love bitcoin more if it attains a more stable price because it would allow us to manage of coins well and i do believe many peoples will like the same.Bitcoin popularity is not because of its volatile features but because of its other unique features which will stay the same even if bitcoin is more stable.
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.
Same for me as well because i love bitcoin more if it attains a more stable price because it would allow us to manage of coins well and i do believe many peoples will like the same.Bitcoin popularity is not because of its volatile features but because of its other unique features which will stay the same even if bitcoin is more stable.
i would use it, but not as much. i think it would be a bit more used in general purposes in that case.
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.
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.
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?
Of course it would not be as popular because most of the Bitcoin users make use of it because they want to make money and use it as an investment. If the Bitcoin was stable then it would not be possible so it would not be as popular.
You are wrong. Bitcoin is unique to other currencies so it's impossible it will not be popular even with a stable price. And besides it will be more adopted by those merchants since no need to worry about the price fluctuations.
Profit is just a bonus while using bitcoin as an investment.
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?
Of course it would not be as popular because most of the Bitcoin users make use of it because they want to make money and use it as an investment. If the Bitcoin was stable then it would not be possible so it would not be as popular.
You are wrong. Bitcoin is unique to other currencies so it's impossible it will not be popular even with a stable price. And besides it will be more adopted by those merchants since no need to worry about the price fluctuations.
Profit is just a bonus while using bitcoin as an investment.
Bitcoin currently is much stable than it used to be before. The daily averages are often have less variance than it used to 2 years ago. Considering this, it's still popular as of now and the adoption and awareness is increasingly getting popular. I've noticed that exchanges are being setup in various countries and people are learning the benefits of a decentralized currency.
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?
Of course it would not be as popular because most of the Bitcoin users make use of it because they want to make money and use it as an investment. If the Bitcoin was stable then it would not be possible so it would not be as popular.
interest will be only for those who use bitcoints for convenience rather than for investment. And those who have the equipment to produce bitcoints
Only the traders need the price at fluctuating as you described those people who will want to use bitcoin as money for their online purchases and for their businesses will want a stable price and will be more attracted to it when it happen.
i think yes that if bitcoin has a stable price its still be so much popular because then people will have fully trust on it and will use it for different purposes in their business with out any fear of losing their money.
yeah you are right that bitcoin price is stable then bitcoin will be more popular and people more believe in bitcoin and i am sure people store their all money in bitcoin and then bitcoin adoption will be more increase .
It wouldn't be that popular for traders but i am sure that normal people would use it a lot since now they are afraid of not stable price so they don't use it
Those investors may be the guilty of the bitcoin bubbel that made bitcoin reach 1000 dollars and then collapse into small values till it really reach the real value on the time, bitcoin could had became a bigger sucess if the price were a bit more stable, even not reaching the 1000 dollars, without be ready, nowadays we do see bitcoin has a strong support and it may change 50-100 dollars, not unrealistic values as in the past.
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 if its price had stability for longer time then it became less famouse because many people looking toward bitcoin only for its price fall and up . they always ready to trade with bitcoin price . so stability price factor may decrease the popularity of bitcoin .You have a point if its stabilizes its price those investors or traders would go into another crypto which have more volatile price because price movements makes them money anytime if bitcoin price would stabilize then its not good for trading it and it means less profits.
I agree stability of bitcoins price is not going to help for its adoption and a lot of investors will pull out their investments because of it. And bitcoin has been known because of its characteristic that it has unstable price. And I hope that bitcoin is going to keep on rising with that characteristic and not going to go back to its lower price.
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 if its price had stability for longer time then it became less famouse because many people looking toward bitcoin only for its price fall and up . they always ready to trade with bitcoin price . so stability price factor may decrease the popularity of bitcoin .You have a point if its stabilizes its price those investors or traders would go into another crypto which have more volatile price because price movements makes them money anytime if bitcoin price would stabilize then its not good for trading it and it means less profits.
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 if its price had stability for longer time then it became less famouse because many people looking toward bitcoin only for its price fall and up . they always ready to trade with bitcoin price . so stability price factor may decrease the popularity of bitcoin .
i think yes that if bitcoin has a stable price its still be so much popular because then people will have fully trust on it and will use it for different purposes in their business with out any fear of losing their money.
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