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Topic: If Bitcoin had a stable price, would it still be as popular? - page 14. (Read 171736 times)

member
Activity: 157
Merit: 10
For me, if this bitcoin has a stable price I would say that this will not be popular like what bitcoin is today because the only reason that I see why bitcoin is very popular is because of its price in the market that goes higher and higher or price that is not stable. They give this an opportunity to everyone to make their money more.
full member
Activity: 845
Merit: 100
It certainly will not be as fast as it is popular, as we know that the thing that makes people speculate to buy bitcoin is because there's a hope the price goes up so keep buying bitcoin.
newbie
Activity: 107
Merit: 0
I would say more business would start accepting Bitcoin if it had a stable price. Some small businesses prefer not to risk it due to Bitcoin's behavior as they may lose money.
newbie
Activity: 56
Merit: 0
not sure about this
hero member
Activity: 3080
Merit: 603
If bitcoin has a stable price it will always be popular because its price is big than 1 USD
You mean people will just get into bitcoin because it has stable price? I would say it's a no. People will have no reason why they need to stay away from USD when bitcoin does have stable price. This is the main reason why there are too many people that are getting into bitcoin now. The unstable price gives them hope and they can see a big opportunity on it when they think the price will increase in the future.
jr. member
Activity: 56
Merit: 9
If bitcoin has a stable price it will always be popular because its price is big than 1 USD
hero member
Activity: 952
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?

In my own opinion, it should be no. To make something more popular, it requires changes in its own self. And as far as I know it wont be stable anymore because the value of money are volatile. It could be increase or decrease at any moment.
The changes is good because the price is increasing which means the demand is getting bigger and the supply will surely be limited as investors
will not sell their bitcoins to get more profit. Price stability is never a thing for bitcoin since we can expect whales will try to move the price for their interests.
sr. member
Activity: 331
Merit: 250
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?

In my own opinion, it should be no. To make something more popular, it requires changes in its own self. And as far as I know it wont be stable anymore because the value of money are volatile. It could be increase or decrease at any moment.
hero member
Activity: 798
Merit: 500
If bitcoin had experienced a stable price it would have been never be so popular as it is now. The reason people love the difference that happens regularly.
The stability of the bitcoin price depends on the amount or value, if it is stable with high value I think it will remain popular because everyone who is in bitcoin aim to get profit and if stable price of bitcoin fall or low I think it will decrease its popularity and will switch to another coin or anything that.
but what I see lately the price of bitcoin is increasing and its users are increasing, we'll see the future bitcoin situation and we always expect bitcoin prices to increase and the bitcoin price stability remains at a high value
The price of Bitcoin is always higher than any other coins. Bitcoin faces no problem if any other case it is consistent in price, consistency is not a bad thing although it won the trust of those people who are hesitate to invest in it. People can do so many activities with Bitcoin and Bitcoin still touches its peak always .but if we think this is impossible that the price of Bitcoin remain consistent Bitcoin is a digital currency and nobody can control over it. So that’s why it is going to more popular day by day. 
newbie
Activity: 29
Merit: 0
It would be another Tether Smiley
sr. member
Activity: 396
Merit: 252
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I say yes it would still popular, Even the price was stable but I don't think it would be stable just like gold, If we follow the currency of other countries just like US to Philippines it depends the exchange rate, Bitcoin makes a transaction easy and convenient for some companies. Maybe today it was not so popular because it was growing in our community/society but later on this would be acceptable to all countries and as a medium of payment of all industries.


I wonder how could you believe that bitcoin will still be popular if its price will just going to be stable? The stability of bitcoin price will mean that bitcoin will stop from making trends. Yes at first it will be good because bitcoin investors will already have the assurance of the price. But take a deep look at it. Once the price will become stable, investment transactions and trading will never be that challenging anymore. It will be like buying bitcoin and selling it with the same price.

full member
Activity: 256
Merit: 100
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 don't think so if it still popular. As far as I know bitcoin become popular because of its uniqueness. Bitcoin value keep on changing everyday also the value of it is very high which can help each people. Bitcoin become popular because of the profit that they can here and also of the price of bitcoin which is not common in our world. It is the first crypto currency or we also known as digital money which we cannot hold it personally.
full member
Activity: 518
Merit: 101
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 as long as the name is there, bitcoin will always be popular and mainstream. Bitcoin has been the alpha of all digital currencies and the trust of people will remain even if it goes for a stable price for a long time.
hero member
Activity: 2856
Merit: 673
It seems that the popularity of bitcoin will decrease if its price continues to stabilize, because bitcoin known price is erratic, that's what the investors like.
I think traders would like it more than investors because as investors we just like to see the price increase but as a trader
we like to see a roller coaster ride so we can find a good opportunity to buy low and sell high to make profit.
As long as there are whales who can manipulate the price, it will never happen that bitcoin will become stable.
member
Activity: 94
Merit: 10
It seems that the popularity of bitcoin will decrease if its price continues to stabilize, because bitcoin known price is erratic, that's what the investors like.
legendary
Activity: 1372
Merit: 1008
Never. BTC got popular among layman because of its growth rate. If its price is stable people will not take it seriously. Even now also most of the BTC users think BTC as an investment tool, not as an alternative transaction mode.
But that is not really the fault of the users, bitcoin cannot be used effectively as a currency, with fees so high, some people reporting fees as high as 80 dollars, then there is nothing to do, we only have the option of keeping our bitcoin in our wallets, or to trade that bitcoin for altcoins and try to earn profits in the market, until the issue with the fees is resolved that is all what we can do.
Bitcoin is not being sent, meaning Bitcoin is not using Bitcoin to pay a high fee. You need to pay a transfer fee even to do trading. This makes Bitcoin a passive currency, this terrible situation is against the structure of Bitcoin, for this reason people are using other coins with lower transfer fees.

although bitcoin users are mostly traders and investors where they do not trade as often as users who use it for currency. but expensive fees will still disrupt the development of bitcoin. believe it or not at this time most users prefer to make transactions using altcoin than bitcoin because it is faster and cheaper. that's what I do. usually when I want to move my bitcoin to another exchange. I convert my bitcoin to altcoin to trim the expensive fee Lol
member
Activity: 266
Merit: 16
If Bitcoin had a stable price it will reduce the mass investors of bitcoin. And also the popularity of bitcoin will reduce also. Bitcoin is popular because of the volatile price. Because of the high value of bitcoin the popularity of it is so known even in social media's.
hero member
Activity: 2576
Merit: 582
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Nowadays, bitcoin is much stronger everday because bitcoin know how to work it out and many people already trust bitcoin. Bitcoin has a good features to make people want to invest again. I think bitcoin is just warming in this year, bitcoin will rise again let us wait. Many will encourage to invest again here just wait.
You are right here but I think what is asked, you have been gone totally in different direction. Yes this is right that bitcoins are being speeded all over the world and people are likely to get into this world and earn money. Prices are getting higher day by day, although there are some dips as well but that doesn’t mean bitcoins are not improving. They are and they will rock this year.
member
Activity: 84
Merit: 10
I say yes it would still popular, Even the price was stable but I don't think it would be stable just like gold, If we follow the currency of other countries just like US to Philippines it depends the exchange rate, Bitcoin makes a transaction easy and convenient for some companies. Maybe today it was not so popular because it was growing in our community/society but later on this would be acceptable to all countries and as a medium of payment of all industries.
full member
Activity: 291
Merit: 119
You know nothing is stable not even the dollar.
Thinking about the gold which is somehow stable and rise and fall in value by just some digits which is not as appreciable.
I do think that it can still be popular as people will have something to invest into without the fear of it going down and then they can easily deal with everything such as the panic selling and stuff it will decrease and we can see a good change .
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