If Bitcoin had a stable price, would it still be as popular? - page 142.

Ziskinberg

hero member

Activity: 2926

Merit: 636

Quote from: stromma44 on August 25, 2016, 08:00:03 AM

Quote from: groll on August 25, 2016, 03:22:31 AM

Quote from: 0day on August 24, 2016, 02:50:24 PM

Quote from: Universat on August 22, 2016, 06:44:23 PM

to be bitcoin will become more popular if its price become more stable, as people will get confidence on bitcoin and they will start using bitcoin in their daily life, people will use bitcoin for sending method merchants will also use bitcoin for trading ans bitcoin will become more and more popular.

You are right with a stable price everyone will rely on it for their money to put them on bitcoin, and they will not afraid that they will lose their money because of the volatility of the price, I think then all of the bigger companies will also adopt bitcoin for their businesses.

Indeed as people will see that its price is stable many will got interested with bitcoin. If they will see that it is just like the actual money, maybe they would also engage into more use of bitcoins. They would probably buy more bitcoins and invest it. Then more companies like what you said including stores and supermarket would include bitcoin as an option for mode of payments.

Yeah price stability will attract many new people to invest their money in bitcoin as they will be ensure that by investing in it they are not gonna loose their money and they will start treating it as an currency.

That how thing should work for now, we are in the early phase and the price is still unstable so smart people take the chance to invest rather than spending their bitcoins as it was already predicted by most of the members in the community that the price will accordingly rise with the continuous increase of adopters which I do believe also.

stromma44

hero member

Activity: 952

Merit: 1000

Quote from: groll on August 25, 2016, 03:22:31 AM

Quote from: 0day on August 24, 2016, 02:50:24 PM

Quote from: Universat on August 22, 2016, 06:44:23 PM

to be bitcoin will become more popular if its price become more stable, as people will get confidence on bitcoin and they will start using bitcoin in their daily life, people will use bitcoin for sending method merchants will also use bitcoin for trading ans bitcoin will become more and more popular.

You are right with a stable price everyone will rely on it for their money to put them on bitcoin, and they will not afraid that they will lose their money because of the volatility of the price, I think then all of the bigger companies will also adopt bitcoin for their businesses.

Indeed as people will see that its price is stable many will got interested with bitcoin. If they will see that it is just like the actual money, maybe they would also engage into more use of bitcoins. They would probably buy more bitcoins and invest it. Then more companies like what you said including stores and supermarket would include bitcoin as an option for mode of payments.

Yeah price stability will attract many new people to invest their money in bitcoin as they will be ensure that by investing in it they are not gonna loose their money and they will start treating it as an currency.

agustina2

legendary

Activity: 2436

Merit: 1008

Quote from: 0day on August 24, 2016, 02:50:24 PM

You are right with a stable price everyone will rely on it for their money to put them on bitcoin, and they will not afraid that they will lose their money because of the volatility of the price, I think then all of the bigger companies will also adopt bitcoin for their businesses.

And stable price will bring bitcoin alongside with the fiat currencies.

The unique thing here is, it can be used worldwide fast and ease compare to the usual fiat exchanges where you need to go personally to some money exchanger before you can convert foreign currencies to your country.

groll

sr. member

Activity: 336

Merit: 250

Quote from: 0day on August 24, 2016, 02:50:24 PM

Quote from: Universat on August 22, 2016, 06:44:23 PM

to be bitcoin will become more popular if its price become more stable, as people will get confidence on bitcoin and they will start using bitcoin in their daily life, people will use bitcoin for sending method merchants will also use bitcoin for trading ans bitcoin will become more and more popular.

You are right with a stable price everyone will rely on it for their money to put them on bitcoin, and they will not afraid that they will lose their money because of the volatility of the price, I think then all of the bigger companies will also adopt bitcoin for their businesses.

Indeed as people will see that its price is stable many will got interested with bitcoin. If they will see that it is just like the actual money, maybe they would also engage into more use of bitcoins. They would probably buy more bitcoins and invest it. Then more companies like what you said including stores and supermarket would include bitcoin as an option for mode of payments.

0day

hero member

Activity: 742

Merit: 500

Hire me for your campaign management.

Quote from: Universat on August 22, 2016, 06:44:23 PM

to be bitcoin will become more popular if its price become more stable, as people will get confidence on bitcoin and they will start using bitcoin in their daily life, people will use bitcoin for sending method merchants will also use bitcoin for trading ans bitcoin will become more and more popular.

You are right with a stable price everyone will rely on it for their money to put them on bitcoin, and they will not afraid that they will lose their money because of the volatility of the price, I think then all of the bigger companies will also adopt bitcoin for their businesses.

Zedpust

newbie

Activity: 25

Merit: 0

Quote from: Universat on August 22, 2016, 06:44:23 PM

to be bitcoin will become more popular if its price become more stable, as people will get confidence on bitcoin and they will start using bitcoin in their daily life, people will use bitcoin for sending method merchants will also use bitcoin for trading ans bitcoin will become more and more popular.

I think the stability is very important for the bitcoin price. If it is stable, many people will use it as a currency.

purebitco

sr. member

Activity: 337

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: dihari on August 14, 2016, 07:43:08 PM

Extremely price to rise and drop of bitcoin is why this coin get more interest and popular.
So if bitcoin price stable for long time like 2 years, i think it's not good.

yeah bitcoin is really interesting for me to be honest, in my opinion the price of it is definitely going to grow in the future

Universat

sr. member

Activity: 308

Merit: 250

to be bitcoin will become more popular if its price become more stable, as people will get confidence on bitcoin and they will start using bitcoin in their daily life, people will use bitcoin for sending method merchants will also use bitcoin for trading ans bitcoin will become more and more popular.

ajun96

hero member

Activity: 658

Merit: 500

Quote from: ethereumhunter on August 22, 2016, 05:42:16 PM

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.

nope. I think you can see it when bitcoin Become prices stable. Certain it happened in a period in bitcoin. we must admit that the volume of bitcoin exchange in the market will decline when prices Become stable and the volume will go up when the rising and falling price fluctuations occur. I think it Proves that the prices were stable. lowering the interest of buyers to the make purchases

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

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.

ivanst776

legendary

Activity: 1540

Merit: 1003

Quote from: PinkLlama on May 03, 2016, 05:37:56 AM

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?

Not every time the stable price specifies if a cryptocurrency should be popular or not.

Its distribution and adotion can specify if a coin is popular or not, for example I consider ethereum popular because it is listed as the second cryptocurrency in coinbase, then it's one of the most traded coins in popular exchanges.

Even altcoins are going to have people's attention bitcoin is still popular and the coin that people should look first when trading.

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

it's impossible to have a stable price, not even euro or dollar have stable price, there is always swing here and ther,e that is normal, maybe bitcoin should not be influenced so much by bad news this should be true

agustina2

legendary

Activity: 2436

Merit: 1008

Quote from: peta4e on August 22, 2016, 12:11:24 PM

Quote from: Intristing on August 22, 2016, 09:53:40 AM

Quote from: youhgt2 on August 18, 2016, 02:59:09 PM

yes it is a fact, if the price of bitcoin become stable it will remain popular and its popularity will increase too much, more people will invest their money in bitcoin and they will use bitcoin for transaction purpose also,

If the bitcoin is stable, more people will use it as a currency, and the price will rise gradually. But traders might not like it.

Yeah traders will seriously not like to see the stable price of bitcoins as it will take away the advantage of making quick profits that they are making with price fluctuations.

Why there are still lots of forex traders up to day despite that fiat currencies have a stable price and price fluctuations are way different compare to bitcoin?

If you can answer that you might contradict your statement. Have a time to learn and study that thing.

peta4e

hero member

Activity: 672

Merit: 500

Quote from: Intristing on August 22, 2016, 09:53:40 AM

Quote from: youhgt2 on August 18, 2016, 02:59:09 PM

yes it is a fact, if the price of bitcoin become stable it will remain popular and its popularity will increase too much, more people will invest their money in bitcoin and they will use bitcoin for transaction purpose also,

If the bitcoin is stable, more people will use it as a currency, and the price will rise gradually. But traders might not like it.

Yeah traders will seriously not like to see the stable price of bitcoins as it will take away the advantage of making quick profits that they are making with price fluctuations.

Intristing

full member

Activity: 227

Merit: 100

Quote from: youhgt2 on August 18, 2016, 02:59:09 PM

yes it is a fact, if the price of bitcoin become stable it will remain popular and its popularity will increase too much, more people will invest their money in bitcoin and they will use bitcoin for transaction purpose also,

If the bitcoin is stable, more people will use it as a currency, and the price will rise gradually. But traders might not like it.

angryswamp

sr. member

Activity: 268

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: uname on August 14, 2016, 05:51:29 PM

Quote from: universe_ on August 14, 2016, 02:15:15 PM

Quote from: JumperX on August 14, 2016, 07:34:41 AM

Quote from: milewilda on August 14, 2016, 07:16:56 AM

Quote from: Ziskinberg on August 14, 2016, 05:54:24 AM

Quote from: just_Alice on August 14, 2016, 05:30:57 AM

Quote from: PinkLlama on May 03, 2016, 05:37:56 AM

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 think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it.

Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it.

As of now bitcoins price is volatile and its also a good source of income for some or even to those big investors out there. When the time comes that bitcoin would stable its price then it would be still popular since it has advantages of transfering fund to another person without having a big transaction fee.

People who wants to enter into bitcoin will surely love the stable price as it will give them a felling of trust to invest in it but traders will not like stable price for sure.

i personally dont like the stable price as it is really boring for me, in my opinion the price fluctuations might give me some serious profit with trading

nope i think it would not be boring. You can still do mining safer and the risk would be smaller? Of course you also need a substantial capital for this

yeah, it definitely wouldnt be interesting to trade your bitcoins then, i think if bitcoin price was stable then i wouldnt make that much profit

youhgt2

full member

Activity: 124

Merit: 100

yes it is a fact, if the price of bitcoin become stable it will remain popular and its popularity will increase too much, more people will invest their money in bitcoin and they will use bitcoin for transaction purpose also,

expert4knowledge

hero member

Activity: 826

Merit: 1000

The All-in-One Cryptocurrency Exchange

Quote from: GamingBro on August 14, 2016, 05:35:58 PM

At my opinion bitcoin will never had a stable price, cause bitcoin is limited currency and also it's can't be controled by any goverment, so price is unpredictable.

Bitcoin is decentralized from some aspects but we know that if fluctuations of price was less it was better, bitcoin is now a real example of venture capital but with a bit more stable price it can be more considered by many buyers.

nova-rider

member

Activity: 70

Merit: 10

It would be good for companies and people who use as means of payment, but maybe not for traders, as someone said.

dinda22

legendary

Activity: 1232

Merit: 1000

Quote from: Positid on August 18, 2016, 05:35:30 AM

Quote from: Intristing on August 18, 2016, 04:21:54 AM

Quote from: Taki on August 16, 2016, 11:06:58 AM

Quote from: dihari on August 14, 2016, 07:43:08 PM

Extremely price to rise and drop of bitcoin is why this coin get more interest and popular.
So if bitcoin price stable for long time like 2 years, i think it's not good.

I am agree. If the price for bitcoin get fixed many investors and traders will loose interest to bitcoin and start to work with some other crypto currency. And I think it is the big number of people who are making money this way - earning on bitcoin's price changing. So I also think that it's not gonna be good for bitcoin, fixable price.

The bitcoin price volatility will be good for the traders. But it is not good for the long term investors. They will not invest in it.

They will invest I guess though the price is volatile but it is going in an upward direction and that is our main concern as a long term investors, we like to focus on the future and not on the daily fluctuations of bitcoin price.

price volatility in bitcoin it could be a big advantage if you have a good patience. because basically bitcoin prices will always rise in the future. so why do people believe and put a lot of money, even though the price of bitcoin have volatility with a high level of risk.

Topic: If Bitcoin had a stable price, would it still be as popular? - page 142. (Read 171736 times)