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Topic: If Bitcoin had a stable price, would it still be as popular? - page 138. (Read 171763 times)

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There is no such as stable especially the currencies, for example the $, despite of its decreasing and increasing value, still people use it and many businessman are using it and gaining from it.

Its our future money, WORLD MONEY...
hero member
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The bitcoin will be stable or not but its popularity is not removed from the people because of our day many people use and know bitcoin . If and when it becomes more stable still support bitcoin because many large investors who invest in bitcoin . Be established only if not stop bitcoin miner and its investors .
legendary
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Stability attract masses in my opinion, fluctuations in price attract people who like to risk and gamble. I think in this forum there is more people that hold coins in safe place then people who trade and gamble. Most of the people that hold coins earned that coins, and some of them bought it when price was very low. About early adopters is hard to speak, probably many of them regret a bit cause they didn't bought more coins.
Bitcoin is popular cause its something new, and cause its a good thing, I think its hard for bitcoin to be stable for long time, cause there is so many factors that determine the price, and these factors are changing each day.
legendary
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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 ?
yeah there wouldnt be that much investors for sure, in my opinion bitcoin with stable price will be only after a few decades actually

There is still. Look at the USD to other fiat currencies exchange, still has many traders around it and it's profitable. Take note that fiat exchanges have quiet stable price. Same goes for bitcoin if it will become a stable price.

Hopefully bitcoin price will become stable and you will see what I mean.
full member
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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 ?
yeah there wouldnt be that much investors for sure, in my opinion bitcoin with stable price will be only after a few decades actually
sr. member
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Bitcoin is already popular for people who like it cause of benfits that bitcoin giving to users, for other people who intereted only in price it's not so popular nowdays.
legendary
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!!! RiSe aBovE ThE StoRm !!!
If the price would be stable, bitcoins would still be popular based on its anonymity and decentralization features which fiat money can't provide...
The complicacy here is actually of the pump and dump itself, because people start to talk about prices going down, and investors stop buying...
full member
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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 ?
a lot of people would still be interested in it because they would think that bitcoin is a good enough currency to use that can give stable profit
legendary
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I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.
I think that it will make many users are not interested in bitcoin bitcoin again. you should be able to see the interest of the users to buy when the price of bitcoin be stable? precisely the volume to be down so low? be different when the price fluctuations?


no, you are only thinking about speculators aka investors in bitcoin.
but using bitcoin is not restricted to only using it as an investment and profiting from the rise to the moon. it is also designed so you can use bitcoin as a real currency online. and without the need of banks and banking system with the most secure way and the lowest fees.
so in case the price was more stable then you could really consider it as an alternative to other currencies like USD, EUR, ... and as people are using those currencies they would too use bitcoin.

Unless there is a wide market for real goods that can be bought with bitcoins, I don't see any reason why these people would want to use Bitcoin in the way they use national currencies (just in case, they typically use them for buying things)...

Really, why would you be interested in something which is useless to you?
sr. member
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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 ?
member
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even more because the tust can be higher on a stable rate.



True but.., on one side more parties would use it cause it would be a stable currency but on the other hand investors wouldn't invest in it as much because of the low potential. So it depends, do we have more investors or more people who would use it as a stable currency
hero member
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If the bitcoin has a stable price i dont think he would be such as popular as he is right now and that is because there are so many people investing with the bitcoin and as he has a stable vvalue you wont make a lot of profit.

Yeah, bitcoin is becoming popular today because of it's characteristic of being a unstable currency. Because wise investors are seeing the potential of it that if they are going to buy at low price they are going to earn once the price is going to increase. So that is why bitcoin is not going to become popular if it has a stable price.
Not only that, because I believe that it is not the price fluctuation that is the key why bitcoin is becoming popular. It is its benefits in online transaction and since its gives us the benefits to transact fast and pay only a little charges then it attracts people to use it especially those in the gambling industry.
hero member
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If the bitcoin has a stable price i dont think he would be such as popular as he is right now and that is because there are so many people investing with the bitcoin and as he has a stable vvalue you wont make a lot of profit.

Yeah, bitcoin is becoming popular today because of it's characteristic of being a unstable currency. Because wise investors are seeing the potential of it that if they are going to buy at low price they are going to earn once the price is going to increase. So that is why bitcoin is not going to become popular if it has a stable price.
sr. member
Activity: 338
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If the bitcoin has a stable price i dont think he would be such as popular as he is right now and that is because there are so many people investing with the bitcoin and as he has a stable vvalue you wont make a lot of profit.
legendary
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Where is my ring of blades...
I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.
I think that it will make many users are not interested in bitcoin bitcoin again. you should be able to see the interest of the users to buy when the price of bitcoin be stable? precisely the volume to be down so low? be different when the price fluctuations?


no, you are only thinking about speculators aka investors in bitcoin.
but using bitcoin is not restricted to only using it as an investment and profiting from the rise to the moon. it is also designed so you can use bitcoin as a real currency online. and without the need of banks and banking system with the most secure way and the lowest fees.
so in case the price was more stable then you could really consider it as an alternative to other currencies like USD, EUR, ... and as people are using those currencies they would too use bitcoin.
hero member
Activity: 532
Merit: 500
I think it will be good for bitcoin if bitcoin had a stable price, because many people will use bitcoin and invest on it and many gold investment will try bitcoin for long term investment.
I think that it will make many users are not interested in bitcoin bitcoin again. you should be able to see the interest of the users to buy when the price of bitcoin be stable? precisely the volume to be down so low? be different when the price fluctuations?
hero member
Activity: 798
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I am not sure it's truth, cause at my opinion bitcoin price is not making an impact on popularity, i think that bitcoins is not popular cause it's not accepted everywhere.

In online world it is already popular and every online earner and online company think about bitcoin first before taking the start and slowly and gradually it is also coming into the offline world , so we can say that it is popular.
legendary
Activity: 3514
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English ⬄ Russian Translation Services
It's quite impossible for Bitcoin to have a stable price considering the fact that's it's in demand and even fiat like dollars, euro, they don't have a fixed price. But let's just assume that that happens, then its price would be the same no matter which day of the year you buy. Trading wouldn't with it wouldn't be a thing anymore. I think the whole Bitcoin thing will eventually become just a usual thing that you can grab whenever you want. It will lose its popularity eventually

If Bitcoin starts to lose its popularity, this will necessarily affect its price. The price will obviously start to decrease. That, in its turn, will stir up interest from speculators and profiteers, and the price will revert...

In short, your assumption doesn't hold
newbie
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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?

Just like gold and dollar , bitcoin will also be very much popular and people will take interest in that currency and will adopt it for their uses and for their payment system internationally.
sr. member
Activity: 350
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Everyone will be then happy with that and more companies will adopt it, I think we have to work for the bitcoin price to stabilize.

I agree, companies would love it because it is stable and then bitcoins would become more popular, only downside it they wouldnt give as much oppurtunities anymore!

True that the opportunities wouldn't be there as much as they are now, but it would give other benefits besides being able to rise in money in a short time.
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