Topic: If Bitcoin had a stable price, would it still be as popular? - page 132. (Read 171736 times)
In my opinion, I would say the instability in as much as its one of the disadvantages of bitcoin its actually a great advantage if looked at from another angle in the sense that it makes it fun that youre unable to predict whether you will win or lose. Imagine 1btc worth about $604 as at yesterday and this morning over here now $611. This will even encourage investors to say let me put my money in I could make more money which would not be same if the price were to be absolutely stable and I think this adds to the popularity of bitcoin...
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 . 
interest will be only for those who use bitcoints for convenience rather than for investment. And those who have the equipment to produce bitcoints
Yeah, actually now is the only time to invest with bitcoin since the price is not stable yet, if the time will come in the future that bitcoin's price will be stable we will not earn on our investment anymore because the value will not grow fast unlike nowadays, maybe we should consider that if we really want to earnI'm more inclined to think that the Bitcoin price will never be stable. At least, for any longer period than, say, a few weeks. Why I think so? Since Bitcoin user base is minuscule at best (only around half a million active users), it has much room to the upside. It could be said that the upside is infinite, but let's remain real. For example, if a major currency should collapse (the Euro instantly comes to mind) or just would be dramatically devalued (the Chinese Yuan or Russian Ruble), that will most certainly stir up interest toward Bitcoin (as it seems to be the case with China)...
On the other hand, every year we have at least one major exchange imploding which may also have long-lasting consequences
interest will be only for those who use bitcoints for convenience rather than for investment. And those who have the equipment to produce bitcoints
Yeah, actually now is the only time to invest with bitcoin since the price is not stable yet, if the time will come in the future that bitcoin's price will be stable we will not earn on our investment anymore because the value will not grow fast unlike nowadays, maybe we should consider that if we really want to earn.The price is quite stable these days as it is not going up to a large extent nor it is falling down, but it is not that stability which the OP is talking about, which means the price does not move at all so if that happens to bitcoin there wont be any investors then as people would not see it as an investment but only the people who are using it as a currency will be using it then.
interest will be only for those who use bitcoints for convenience rather than for investment. And those who have the equipment to produce bitcoints
Yeah, actually now is the only time to invest with bitcoin since the price is not stable yet, if the time will come in the future that bitcoin's price will be stable we will not earn on our investment anymore because the value will not grow fast unlike nowadays, maybe we should consider that if we really want to earn.
interest will be only for those who use bitcoints for convenience rather than for investment. And those who have the equipment to produce bitcoints
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.
yeah a stable price or not could not determine bitcoin become more popular or notthe matter is on how to spread this beutiful thing to the world
and sure people to accept bitcoin nicely
have a stable price will make bitcoin just like another currency , bitcoin will be not as unique as now
i totally disagree , as current investor interest are on how fast bitcoin price move up and down
a lot of trader take advantage on this situation to make money
now can you imagine if the price of bitcoin keep on stable?
one thing that i believe , people will just leaving and lost interest
September 30, 2016, 02:15:39 PM
I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors
Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.
well, they are just traders who take advantage of price volatility. but try to imagine, if the price of bitcoin is stable, it will be the same as other currencies. maybe the government could adopt bitcoin as international currency be valid and can be used anywhere. because during this time that becomes a big risk for big investors are bitcoin prices fluctuate. large companies can take benefit from a stable price to pay employees or other benefits will be more if bitcoin has been used for transactions worldwide.
So i think bitcoin will never be stable its just like product stocks.
September 30, 2016, 02:01:47 PM
I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors
Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.
well, they are just traders who take advantage of price volatility. but try to imagine, if the price of bitcoin is stable, it will be the same as other currencies. maybe the government could adopt bitcoin as international currency be valid and can be used anywhere. because during this time that becomes a big risk for big investors are bitcoin prices fluctuate. large companies can take benefit from a stable price to pay employees or other benefits will be more if bitcoin has been used for transactions worldwide.
September 30, 2016, 01:38:21 PM
I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors
Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.
well, they are just traders who take advantage of price volatility. but try to imagine, if the price of bitcoin is stable, it will be the same as other currencies. maybe the government could adopt bitcoin as international currency be valid and can be used anywhere. because during this time that becomes a big risk for big investors are bitcoin prices fluctuate. large companies can take benefit from a stable price to pay employees or other benefits will be more if bitcoin has been used for transactions worldwide.
September 30, 2016, 01:27:41 PM
i think yes it would be popular because mostly people in bitcoin network understand the technology and they are attracted by the features and the price so if price was less then also they are attracted by it because my currency value is lot smaller than 1btc
September 30, 2016, 01:01:03 PM
I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors
Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.
They maybe find something else but more people which is another batch and different kind of investor will hop in replacing those investors who relies solely on the fluctuation of price. this batch of investors who like more stable currency will then come into the scene. This investors are merchants, and users that will benefit in stability of a currency. And we all know that this group of people are far more greater in numbers than those investors you said.
September 30, 2016, 11:10:19 AM
I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors
Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.
And with investors removing their money comes a time where the price falls agin because of the bigger supply of coins.
And a low price leads back to... investments... and a higher price.
No matter how I think about it, I simply can't bring bitcoin in my mind without a volatile price.
That is the nature of bitcoin.
September 30, 2016, 11:01:08 AM
I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors
Thats right, people invest in it because they find it profitable and they see the price fluctuations and by that they get attracted and do investments, so if the price stays stable investors may take their hands out of it as they would be looking for something else then.
September 30, 2016, 10:48:36 AM
Extremely price to rise and drop of bitcoin is why this coin get more interest and popular.
So if bitcoin price stable for long time like 2 years, i think it's not good.
yeah bitcoin is really interesting for me to be honest, in my opinion the price of it is definitely going to grow in the futureSo if bitcoin price stable for long time like 2 years, i think it's not good.
Yeah but the question is would you still be interested if it wouldn't grow in the future so if the price would be stable.
I think alot less people would be interested cause they want money they want to invest and earn money
September 30, 2016, 10:42:36 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.
The price is just the outcome of the popularity of bitcoin, if we want to see a stable price it would happen but not now, the actions of the new adopters will help to create and equal demand of supply which makes the price stable and will lessen the power of the whales to manipulate the price. September 30, 2016, 10:39:20 AM
I am sure that in this case the interest bitkoints lost the majority. At the moment, the constant growth of prices makes it attractive for investors
September 30, 2016, 10:36:42 AM
Stable prices will attract more bitcoin users, but if the price has dropped to less than $1, I think everyone will try to find another coin to replace bitcoin
price cna not drop so low because many will buy before it drop so low, it's a mind thing, it's simply impossible unless some very bad issue is discovered and bitcoin is doomed
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.
September 30, 2016, 10:10:31 AM
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.
If more people will know more about bitcoin then bitcoin would be a popular cyrpto currency someday and there are chance that the bitcoin price will be increase because they converting there money in to bitcoin so there are much more posibility that bitcoin will be increase that much. Jump to: