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Topic: If Bitcoin had a stable price, would it still be as popular? - page 135. (Read 171736 times)

legendary
Activity: 854
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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?
Yes it would still be popular as price is not the only factor that contributes toward bitcoin popularity.Although possibility of increase in price makes it even more attractive
hero member
Activity: 644
Merit: 500
I think bitcoin would be even more popular with a stable price because of course the investing side gets less fun and more boring.
But the people would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.

Thats correct! If bitcoin is stable, theres nothing to lose.you know why? Its a good mode  of payments on internet as its fast,cheap and verifiable online. Though the  trading would be affected and as you say it, its boring since traders cannot earn from it, but it will benefit freelancers as they can opted  for bitcoin payment anytime.
i like the impression of saying it can be boring but for it wasn't since btc is a currency trading are still works like forex it will be depend on the actual movement of btc although its not like the same fluctuation that can give you a lot but i seen its just starting to be stable on its current rate,.
hero member
Activity: 1414
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Backed.Finance
I think bitcoin would be even more popular with a stable price because of course the investing side gets less fun and more boring.
But the people would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.

Thats correct! If bitcoin is stable, theres nothing to lose.you know why? Its a good mode  of payments on internet as its fast,cheap and verifiable online. Though the  trading would be affected and as you say it, its boring since traders cannot earn from it, but it will benefit freelancers as they can opted  for bitcoin payment anytime.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
I think bitcoin would be even more popular with a stable price because of course the investing side gets less fun and more boring.
But the people would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.
Actually seeing a stable price of bitcoin is a result of its popularity, not just popular that people simply know it but most of the people who knows bitcoin are also its supporters and users itself, don't worry it will happen soon.
sr. member
Activity: 462
Merit: 250
I think bitcoin would be even more popular with a stable price because of course the investing side gets less fun and more boring.
But the people would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.
legendary
Activity: 2688
Merit: 1065
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You are right. The stable bitcoin price will make it become a major currency in the world, the price will be high.

If bitcoin price will become stable then there's no large price increase much that will happen since coins will now be regularly used in the market.

I don't think so, because most of us see Bitcoin as being a trading or gambling currency. If it was stable, trading wasn't as profitable so many traders wouldn't have been here. But on the plus side, the price being stable COULD mean Bitcoin being used as a global currency already. I'm curious what Bitcoin will be by the next winter.

No. Even with a stable price, trading is profitable. Look how fiat currency trades works and still have many investors.

Bitcoin will still be popular but will takes time before establishing a name since the main factor why it is popular is not present.
legendary
Activity: 1134
Merit: 1598
I don't think so, because most of us see Bitcoin as being a trading or gambling currency. If it was stable, trading wasn't as profitable so many traders wouldn't have been here. But on the plus side, the price being stable COULD mean Bitcoin being used as a global currency already. I'm curious what Bitcoin will be by the next winter.
sr. member
Activity: 308
Merit: 253
It would be more popular. If people can store lets say $10,000 worth of BTC and in two years it will be worth the same amount, the millions and millions of people would use Bitcoin. It would be popular in the whole world. More accessible. Which means it will hurt companies like Western Union. Imagine an immigrant sending money to their funny without having to pay those fees. Imagine sending $800 to someone in another state and not have to pay an $80 Western Union fee. Bitcoin would be insanely popular.
hero member
Activity: 798
Merit: 505
No I do not think it would be so popular as now because its also the power of the bitcoin itself right now so it has two sides.
Its good for the bitcoin that its going up and down but a stable price would also be nice in my eyes.
Bitcoin would never be as popular as it is right now because people make use of it because of the fact that the value changes.
If the value did not change nobody would bother using it.
I agree Bitcoin would never be as popular as it is right now if the price was stable and the same forever. People come here in the first place to make money.
That happens because of the price changing.

Agree. Bitcoin make us wise and do some prediction out of it. It is really a challenge if you do have a bitcoin because it is unstable that makes it cool amd very nice to use. But if it is stable but has a high price then really a lot of people also usung iy but if it is low then it is not really.famous
newbie
Activity: 81
Merit: 0
Yes, i think even if Bitcoin had a stable price, it would still be as popular , because people use it most likely for its powerful features and not only for its high price
If bitcoin is stable in term of price people will be more confident in using bitcoin especially the business sector, that is all they have been waiting as any price movement will have a big effect on their assets.

You are right. The stable bitcoin price will make it become a major currency in the world, the price will be high.
hero member
Activity: 2926
Merit: 636
Yes, i think even if Bitcoin had a stable price, it would still be as popular , because people use it most likely for its powerful features and not only for its high price
If bitcoin is stable in term of price people will be more confident in using bitcoin especially the business sector, that is all they have been waiting as any price movement will have a big effect on their assets.
hero member
Activity: 672
Merit: 500
Yes, i think even if Bitcoin had a stable price, it would still be as popular , because people use it most likely for its powerful features and not only for its high price
hero member
Activity: 742
Merit: 500
We can only guess,maybe not cause investors wouldn't trade BTC and get profit so I guess it wouldn't make it so popular if the price was stable.Still this is something we can't know

Thats depend with this "stable price", if its high enough i believe investors and traders will continue dealing with it, and it still popular this way. But as Bitcoin is decentralized i think it can't get a stable price
legendary
Activity: 1274
Merit: 1000
We can only guess,maybe not cause investors wouldn't trade BTC and get profit so I guess it wouldn't make it so popular if the price was stable.Still this is something we can't know
full member
Activity: 126
Merit: 100
It would be good for companies and people who use as means of payment, but maybe not for traders, as someone said.
hero member
Activity: 952
Merit: 500
I do not think so that bitcoin will be popular if the price would be stable because more people like bitcoin due to its fluctuating price they can earn lot of bitcoin on trading and also the advantage of higher value of bitcoin.
You don't get the point dude, bitcoin will not be stable if this currency will not be popular, it will happen because when the supply will be fully distributed more people will interest to own bitcoin and the price will not be manipulated.
hero member
Activity: 714
Merit: 531
I do not think so that bitcoin will be popular if the price would be stable because more people like bitcoin due to its fluctuating price they can earn lot of bitcoin on trading and also the advantage of higher value of bitcoin.
legendary
Activity: 3010
Merit: 1028
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I think bitcoin will keep popular even had a stable price, so many people will trust bitcoin because the price not going down and up. In the other hand, it will be good a long term investment.
indeed it'll stay popular but not as popular as for now,bitcoin is well known for traders because of its volatility that really gives profit to the traders,
even some trader now turn from trading fiat now trading cryptocurrency because they just see its huge potential,the volatility give plus point to bitcoin
sr. member
Activity: 434
Merit: 250
I think bitcoin will keep popular even had a stable price, so many people will trust bitcoin because the price not going down and up. In the other hand, it will be good a long term investment.
jr. member
Activity: 59
Merit: 10
No I do not think it would be so popular as now because its also the power of the bitcoin itself right now so it has two sides.
Its good for the bitcoin that its going up and down but a stable price would also be nice in my eyes.
Bitcoin would never be as popular as it is right now because people make use of it because of the fact that the value changes.
If the value did not change nobody would bother using it.
I agree Bitcoin would never be as popular as it is right now if the price was stable and the same forever. People come here in the first place to make money.
That happens because of the price changing.
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