Author

Topic: If Bitcoin had a stable price, would it still be as popular? - page 137. (Read 171763 times)

full member
Activity: 201
Merit: 100
In any case, Bitcoin price cannot stay stable for long.
It's a cork floating in an ocean of fiat currencies.
With luck, the cork will absorb the fiat currencies desirability.
sr. member
Activity: 406
Merit: 250
bitcoin still popular if bitcoin had a stable price, because all altcoins basic rate follow with bitcoin. and altcoins will adjust their rate with bitcoin rate. like now, many altcoin has getting pump and dump, the market said up, and the rate follow up. i think the rate of bitcoin will be stable for now, don't know about next week.
It would not be as popular because of the fact that people make use of Bitcoin because the value can always change, this can allow us to use it as an investment.
So that is why it is so boring whenever the price of the Bitcoin is stable.
hero member
Activity: 518
Merit: 500
If the bitcoin has a stable price it wont be so serious by other people to invest in because the unstable price of the bitcoin is really needed to invest with the bitcoin.
But that instability is what drives some people away from bitcoin. Because most people prefer security and stability over volatility. I think more users would be encouraged to use bitcoins regularly if the price stabilizes, meaning they won't have to worry much about price movements.
sr. member
Activity: 252
Merit: 250
If the bitcoin has a stable price it wont be so serious by other people to invest in because the unstable price of the bitcoin is really needed to invest with the bitcoin.
sr. member
Activity: 336
Merit: 250
The price of the bitcoin is everything for the bitcoin if it is stable i know for sure that there is no one who want to invest with the bitcoin anymore and that is just because there is no body interested in anymore.
legendary
Activity: 1232
Merit: 1000
I would like it more if bitcoin has a more stable price because i am earning in bitcoin but due to its volatile nature its a bit harder to manage money because some times earning are good and some times less if price is low,so i like bitcoin to have to stable price.
So if it has a stable price then i think it would be even more popular that it is now but surely its popularity would not decrease.
It would be good for you and for us who are earning in bitcoin by rendering our service, but for the investors, I think they will not be happy because they are more concern on the volatility so they can make profit in a short period of time doing day trading.
yes pros and cons with price volatility. but I would have preferred if the price of bitcoin is stable at a high price, because with this big investor would be interested in investing in bitcoin. due to price volatility during this only makes them afraid and this advantage only for active users on trade.
hero member
Activity: 798
Merit: 1000
I would like it more if bitcoin has a more stable price because i am earning in bitcoin but due to its volatile nature its a bit harder to manage money because some times earning are good and some times less if price is low,so i like bitcoin to have to stable price.
So if it has a stable price then i think it would be even more popular that it is now but surely its popularity would not decrease.
I don't think stable bitcoin make it more popular. bitcoin is the currency of trading.. I know some people earning through it also. but the major bitcoiners are belong to trading and this price ups and down are very important for a trader. if bitcoin price become stable at only one price value. I believe it effect bitcoin popularity very badly.
hero member
Activity: 952
Merit: 500
I would like it more if bitcoin has a more stable price because i am earning in bitcoin but due to its volatile nature its a bit harder to manage money because some times earning are good and some times less if price is low,so i like bitcoin to have to stable price.
So if it has a stable price then i think it would be even more popular that it is now but surely its popularity would not decrease.
It would be good for you and for us who are earning in bitcoin by rendering our service, but for the investors, I think they will not be happy because they are more concern on the volatility so they can make profit in a short period of time doing day trading.
sr. member
Activity: 350
Merit: 250
I would like it more if bitcoin has a more stable price because i am earning in bitcoin but due to its volatile nature its a bit harder to manage money because some times earning are good and some times less if price is low,so i like bitcoin to have to stable price.
So if it has a stable price then i think it would be even more popular that it is now but surely its popularity would not decrease.
hero member
Activity: 490
Merit: 520
If bitcoin had a stable price, i'm sure many people will start using bitcoin. Because that stable price is really good for long term investment same as gold.
more people would be into bitcoin then for sure, it would be really cool to be honest because people wouldnt be afraid to use it then

I disagree with you guys, because if bitcoin is going to have stable price then it would probably just like a digital fiat. Because fiat has stable price so it is not going to have difference with it. And the investors are liking the characteristic of bitcoin which has unstable price for having a lot of opportunity with it. So it is not going to be popular if it has stable value.
There are a lot of trade-offs when it comes to a stability v volatility debate, especially when it comes to Bitcoin. For example, if it was stable there would like be a lot more people investing larger amounts of money into the technology to keep their funds safe, while at the same time there would be people who would be pulling their money out of Bitcoin because there are fewer and smaller speculator gains to be made out of it, and thus there are a considerably larger number of people leaving and potentially joining at the same time. And that's just one example. There are a ton more that you could have to think about and deal with to get a good answer.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
If bitcoin had a stable price, i'm sure many people will start using bitcoin. Because that stable price is really good for long term investment same as gold.
more people would be into bitcoin then for sure, it would be really cool to be honest because people wouldnt be afraid to use it then

I disagree with you guys, because if bitcoin is going to have stable price then it would probably just like a digital fiat. Because fiat has stable price so it is not going to have difference with it. And the investors are liking the characteristic of bitcoin which has unstable price for having a lot of opportunity with it. So it is not going to be popular if it has stable value.
full member
Activity: 162
Merit: 100
Crypto is love, crypto is life
If bitcoin had a stable price, i'm sure many people will start using bitcoin. Because that stable price is really good for long term investment same as gold.
more people would be into bitcoin then for sure, it would be really cool to be honest because people wouldnt be afraid to use it then
hero member
Activity: 2562
Merit: 586
I dont think that there will be allot of people interested into the bitcoin anymore and that is only because most of the people are thinking to make money with the bitcoin and when the price cant rise of the bitcoin no one will invest into it right ?
That differs from person to person and depends on need. For example if I am a gambler I would always like to have a constant price and if I am a trader I would like to have a variable price because that's my main source of income then, so each view will vary and I personally love variable price.
sr. member
Activity: 448
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
I dont think that there will be allot of people interested into the bitcoin anymore and that is only because most of the people are thinking to make money with the bitcoin and when the price cant rise of the bitcoin no one will invest into it right ?
thats true, either way the people will be coming to bitcoins from time to time, i hope that it will allow me to make huge profit in the future
sr. member
Activity: 406
Merit: 250
If bitcoin had a stable price, i'm sure many people will start using bitcoin. Because that stable price is really good for long term investment same as gold.
sr. member
Activity: 448
Merit: 250
even more because the tust can be higher on a stable rate.

I am sure that it would not be as popular as it is right now because people make use of it because the value constantly changes.
This allows us to use it as a investment instead of only as a currency.
newbie
Activity: 25
Merit: 0
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?

Obviously not, there are already a lot of coins with different values even higher then what you mentioned about what if bitcoin would have been and they are not as popular as bitcoin because bitcoin has increased its user database by the growth of its price otherwise it wouldn't have been so popular in the world and it grows that is why it attracts people.
We cannot say that bitcoin is very popular at a moment and it has reached everywhere but its gaining popularity and many new people are joining the community which is really a good sign.

I think the bitcoin is getting popular day after day. There more companies accepting the bitcoin at the moment.
hero member
Activity: 812
Merit: 1000
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?

Obviously not, there are already a lot of coins with different values even higher then what you mentioned about what if bitcoin would have been and they are not as popular as bitcoin because bitcoin has increased its user database by the growth of its price otherwise it wouldn't have been so popular in the world and it grows that is why it attracts people.
We cannot say that bitcoin is very popular at a moment and it has reached everywhere but its gaining popularity and many new people are joining the community which is really a good sign.
hero member
Activity: 756
Merit: 500
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?

Obviously not, there are already a lot of coins with different values even higher then what you mentioned about what if bitcoin would have been and they are not as popular as bitcoin because bitcoin has increased its user database by the growth of its price otherwise it wouldn't have been so popular in the world and it grows that is why it attracts people.
member
Activity: 97
Merit: 10
it would have became more popular with a certain category of people "That doesn't like the volatility it has right now" But most likely less popular among a majority of the users right now, Even though it would still be anonymous but most likely it wouldn't be as good of a long term investment as it was to those who invested earlier..
Jump to: