If Bitcoin had a stable price, would it still be as popular? - page 140.

Jeraerid

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Quote from: Lauda on May 03, 2016, 07:58:43 AM

Quote from: xuan87 on May 03, 2016, 07:23:50 AM

If bitcoin has a stable price around 1000$ it will become more popular but if the price has fall down to less than 1 $ i think everybody will try to look for another coin to replace bitcoin

This is what is very wrong with these people. If you are here because of greed (i.e. wanting to profit), then you're most definitely here for the wrong reasons. 1 BTC will always be equal to 1 BTC.

Quote from: eternalgloom on May 03, 2016, 07:20:50 AM

It would be used more as a real payment method than it is now.

I concur.

Quote from: Mumbeeptind1963 on May 03, 2016, 07:15:27 AM

Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin.

To elaborate: We are talking about people that are considered 'sheep' (both ignorant and stupid). They don't even know where their precious fiat comes from nor how it all works, yet they keep using it.

There is just one thing that the bitcoin cannot have and that is a stable price because why would people invest into something that cant rise? That is the biggest question you all need to answere right now. If you cant you are not able to use the bitcoin because you are to stupid of it

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Quote from: rio3233 on August 26, 2016, 08:03:37 PM

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.

nope i think bitcoin will be more popular when bitcoin have fluctuating prices. you can see the volume in each exchange can rise so high that more than 3000 BTC played each day in an exchange when the price movement is very fast (volatile)

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Quote from: utkarshm on August 28, 2016, 02:27:16 PM

I do not think it will make any effect on the popularity of bitcoin if its stable or volatile.Because bitcoin is famous and very useful because of its other important features and that are completely diffetent from fiat currency which makes bitcoin popular.

I guess bitcoin would be more famous if bitcoin prices stable as other currencies that can attract believers to use bitcoin.

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Quote from: utkarshm on August 28, 2016, 02:27:16 PM

I do not think it will make any effect on the popularity of bitcoin if its stable or volatile.Because bitcoin is famous and very useful because of its other important features and that are completely diffetent from fiat currency which makes bitcoin popular.

yes i am also agree with you. if the price of bitcoin remain stable i think more people will become confident to invest in bitcoin. i think if the price of bitcon remain stale its popularity will really increase too much.

uname

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Quote from: utkarshm on August 28, 2016, 02:27:16 PM

I do not think it will make any effect on the popularity of bitcoin if its stable or volatile.Because bitcoin is famous and very useful because of its other important features and that are completely diffetent from fiat currency which makes bitcoin popular.

of course the price changes that become stable bitcoin will make an effect on bitcoin. I am sure of it. perhaps the effect is the popularity of bitcoin will decrease. because most users are trader

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Quote from: utkarshm on August 28, 2016, 02:27:16 PM

I do not think it will make any effect on the popularity of bitcoin if its stable or volatile.Because bitcoin is famous and very useful because of its other important features and that are completely diffetent from fiat currency which makes bitcoin popular.

You are right people like bitcoin in every situation, when the price come to stability then they invest for their businesses and when fluctuations start in there then people start trading with that currency, we all have benefits for us in this currency.

e1e

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i think that it would surely be popular because people would like it

MyIdeas

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If the price of bitcoin will be stable then yes it will be more popular as then more people will put their money into bitcoin and will completely believe and rely for their money to save in bitcoin wallet and will not have any fear of losing their money with volatility.

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If the price were stable, I would expect that it would be more accepted by people as a stable store of value. However, It may not be used as a long term investment because there would be little potential for gain.

utkarshm

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I do not think it will make any effect on the popularity of bitcoin if its stable or volatile.Because bitcoin is famous and very useful because of its other important features and that are completely diffetent from fiat currency which makes bitcoin popular.

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Quote from: ontrackk on August 28, 2016, 01:33:49 PM

Quote from: rio3233 on August 26, 2016, 08:03:37 PM

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.

well of course it would be really good, more people would be willing to put their money into bitcoins if they knew that they are not going to lose anything

There is no such thing. There is not a single investment asset in this world, which guarantees profit 100% of the time. Gold, silver, platinum, treasury bonds, equities, mutual funds, real estate.... all of them can give you a net loss, if something goes wrong. The same with Bitcoin as well. So be ready to take the risk, and you will be rewarded in the end.

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Quote from: noormcs5 on August 28, 2016, 08:01:34 AM

Quote from: Danielzo on August 28, 2016, 07:03:13 AM

I believe that if bitcoin would have had a stable price at the beginning, it would not have been this popular, but more stability now in terms of massive fluctuation may do the coin some good.

Right, because Bitcoin is not made for stable price, bitcoin is popular because of his crypto currency, if it will not crypto, so who use it to make profit. You and me use it because its price give us profit.

Yes, it is not stable and precisely due to its low supply, however handle a stable price it has nothing to do with this is popular or not, perhaps it is the other way, people are interested because of the potential that it has.

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Quote from: rio3233 on August 26, 2016, 08:03:37 PM

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.

well of course it would be really good, more people would be willing to put their money into bitcoins if they knew that they are not going to lose anything

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But a stable price would have advantages as well.
Especially when you want to have it as a payment option in shops.
With a stable price you can calculate and you do not have to worry that the coin price could fall and you lose money that way.
If bitcoin would be implemented in more shops, the popularity would rise too.

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Quote from: noormcs5 on August 28, 2016, 08:01:34 AM

Quote from: Danielzo on August 28, 2016, 07:03:13 AM

I believe that if bitcoin would have had a stable price at the beginning, it would not have been this popular, but more stability now in terms of massive fluctuation may do the coin some good.

Right, because Bitcoin is not made for stable price, bitcoin is popular because of his crypto currency, if it will not crypto, so who use it to make profit. You and me use it because its price give us profit.

The time tells why the price of bitcoin is still unstable and that is normal for now since we are still in the early phase and there is no equal holding of bitcoins yet, in the future when more people will adopt that would be the time to see some stable price as the majority will be voice then.

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Quote from: Danielzo on August 28, 2016, 07:03:13 AM

I believe that if bitcoin would have had a stable price at the beginning, it would not have been this popular, but more stability now in terms of massive fluctuation may do the coin some good.

Right, because Bitcoin is not made for stable price, bitcoin is popular because of his crypto currency, if it will not crypto, so who use it to make profit. You and me use it because its price give us profit.

Danielzo

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I believe that if bitcoin would have had a stable price at the beginning, it would not have been this popular, but more stability now in terms of massive fluctuation may do the coin some good.

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Quote from: rio3233 on August 26, 2016, 08:03:37 PM

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 if prices become stable bitcoin what's the difference with gold? Gold is a safe investment because the price is fairly stable?
but I think most users prefer bitcoin than gold because they want to benefit quickly from fluctuations? then if price of bitcoin became stable. what would we expect ?

20kevin20

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I think Bitcoin will keep being as popular as it is as soon as the price will continue to increase or will at least stay above $500. Soon, I guess we'll see a great increase.

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Quote from: vasrasus on August 28, 2016, 12:00:28 AM

Quote from: Mumbeeptind1963 on May 03, 2016, 07:15:27 AM

If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.

True. The popularity of bitcoin is not much seen due to its not yet used in different or lot of shops but if it once got a big news or having big partners and big value currency too then it probably boost without us noticing it that it became popular more than we imagine it now.

Therefore we need to wait for more time to see that happen, we are in the early stage so it is just a normal situation. There is no sense to rush when what we are seeing is that the market of bitcoin is growing and it is becoming more popular.

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