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Topic: If Bitcoin had a stable price, would it still be as popular? - page 152. (Read 171736 times)

full member
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it must be noted that the current rate jumps Bitcoin does not make it attractive in the near future, a unit of account. But, on the the other hand, exchange rate fluctuations over the past year and a half have occurred much less frequently. This may well be a sign of the process of stabilization of the course.
legendary
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Well you have all the point guys. But the thing is we really don't know if whales are really manipulating on what is happening with bitcoin.
But if the price is going to be stable I don't think people will still stick to bitcoin.

Big whales not literally manipulating the price. They are the one who can start the trend that may affect the bitcoin price in a big impact that's why as we considered this as a manipulation. It's up for others if they will ride the trend.

And if bitcoin price will become stable, people will still stick to bitcoin since there are no other comfortable way to send and receive money. It will now be used more as a currency rather than investment if that case will happen.
hero member
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With popularity comes more stability. If there are no new users then the price can never really surge. Look at any fiat. There are a certain number of people that don't care about using that currency and a certain amount of people that already use it and will always use it. There are tourists / immigrants that start to use it and people emigrating sell theirs off. So it'll always be little movements.
That's the fact here and the more bitcoin will be stable the more it will be popular not like today that price are controlled by the whales and we are just like gambling with our investments.

Well you have all the point guys. But the thing is we really don't know if whales are really manipulating on what is happening with bitcoin.
But if the price is going to be stable I don't think people will still stick to bitcoin.
legendary
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I strongly believe when price reach 4000-5000$ after some time it will become more stable, high price will attract more long term investments, we need first for most ppl to dump their lot, even if they/we got it from 2012 many here are for quick bucks

But in future when someone buy 1 BTC or less for 2000+ $ you can be sure most will just hold are use... they will not lurk at exchanges all the time or at bitcointalk forum writing crap as its armageddon every few days  Smiley
legendary
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With popularity comes more stability. If there are no new users then the price can never really surge. Look at any fiat. There are a certain number of people that don't care about using that currency and a certain amount of people that already use it and will always use it. There are tourists / immigrants that start to use it and people emigrating sell theirs off. So it'll always be little movements.
That's the fact here and the more bitcoin will be stable the more it will be popular not like today that price are controlled by the whales and we are just like gambling with our investments.
legendary
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With popularity comes more stability. If there are no new users then the price can never really surge. Look at any fiat. There are a certain number of people that don't care about using that currency and a certain amount of people that already use it and will always use it. There are tourists / immigrants that start to use it and people emigrating sell theirs off. So it'll always be little movements.
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The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.

Amen to that!
i cannot agree with you that it would be such a good thing if bitcoin price would be that stable, in my opinion then bitcoin wouldnt be so popular because less traders would use it

i think it is better when bitcoin price is fluctuating wildly, first of all there are pumps that make more people interested in bitcoins, and more traders use bitcoins to make money

Yeah I agree with it, for me bitcoin really is not going to be popular if the price is going to be stable at all.
This is why there are investors and stores adopting bitcoins.
It is because of the fluctuation as there are a lot of opportunities for it.
sr. member
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The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.

Amen to that!
i cannot agree with you that it would be such a good thing if bitcoin price would be that stable, in my opinion then bitcoin wouldnt be so popular because less traders would use it

i think it is better when bitcoin price is fluctuating wildly, first of all there are pumps that make more people interested in bitcoins, and more traders use bitcoins to make money
hero member
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The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.

Amen to that!

I would say that being stable price of having a range and not literally a stable price of bitcoin and doesn't move at all.
For example, the price of bitcoin is stable at the range $800-$900.
I think that's more reasonable for being popular.
newbie
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The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.

Amen to that!
sr. member
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Hell no
Any reason behind it ? I think more people here demand stable prices than the ones asking for variable prices. May be that is because users are worried that the price might go too low also.
pff, dont you think that the stable prices are really boring? in my opinion theres no need for a stable price because less people would be interested in bitcoins then for sure

many traders nowadays need the prices to fluctuate as much as possible to be honest, in my opinion there is no reason not to like the price being not stable, i hope that it will keep on moving
I think you should carefully analyze, if this is going to be stable that means it is strong and it will become more popular because the large merchants will surely adopt and we know that they are not interested in investing so they are after of a stable price.
The answer is very simple, more stable means more popular and that is the general rule, we need to achieve that level if we want to attract more users of bitcoins and to generate massive adoption.
hero member
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Hell no
Any reason behind it ? I think more people here demand stable prices than the ones asking for variable prices. May be that is because users are worried that the price might go too low also.
pff, dont you think that the stable prices are really boring? in my opinion theres no need for a stable price because less people would be interested in bitcoins then for sure

many traders nowadays need the prices to fluctuate as much as possible to be honest, in my opinion there is no reason not to like the price being not stable, i hope that it will keep on moving
I think you should carefully analyze, if this is going to be stable that means it is strong and it will become more popular because the large merchants will surely adopt and we know that they are not interested in investing so they are after of a stable price.
hero member
Activity: 770
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Hell no
Any reason behind it ? I think more people here demand stable prices than the ones asking for variable prices. May be that is because users are worried that the price might go too low also.
pff, dont you think that the stable prices are really boring? in my opinion theres no need for a stable price because less people would be interested in bitcoins then for sure

many traders nowadays need the prices to fluctuate as much as possible to be honest, in my opinion there is no reason not to like the price being not stable, i hope that it will keep on moving
legendary
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Hell no
Any reason behind it ? I think more people here demand stable prices than the ones asking for variable prices. May be that is because users are worried that the price might go too low also.
hero member
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Of course it would, but there would be less traders and speculators. Instead, what we would be seeing are more of regular people using bitcoin as currency rather than investment. Early adopters who were able to buy when the price were really low are the lucky ones if and when the price stabilizes at the high levels.

Agree. Bitcoin is just a normal currency like fiat is. Just in another form since transactions done in blockchain is far way better than the usual money transactions.

And besides, bitcoin was made to give another form to money transactions that really sucks in terms of sending and receiving globally.

Normal users who are earning it will prefer to continue with it but the traders who are earning quick profits from it will not find it interesting to use it, price stability is boring for them.
Also if the price is same then what is the use of those who bought it and risked their money when bitcoin was a kid ?

They must be rewarded and what is better than multiplying their money to 1000x times !
So, stable value is not a thing of new modern money.
hero member
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I think stable price would have made bitcoins just another dead currency like USD, INR, etc because then you have a fixed value and that hardly even changes. So, I prefer changing values over fixed price.

Definitely, that is why bitcoin now is on the trend because of its decentralization and unstable price. Fluctuation is one of the advantage of bitcoin that investors can see.
Because of its characteristics they can have a lot of opportunities on it.
hero member
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I think stable price would have made bitcoins just another dead currency like USD, INR, etc because then you have a fixed value and that hardly even changes. So, I prefer changing values over fixed price.
legendary
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is not that much populaire but bitcoin strong point is not about only the price but with anonyme transaction and saving your own money by your self.
but the strong thing that make populaire now is the price and the grow that bitcoin make every month.
agree with that,popularity of bitcoin not come from price stability,its just some people who care about stable price,and of course trader will not happy with stable price,they will hard to trading and decide the best price for it.
member
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Yes if the price of bitcoin is stabled then it will get more popularity, as more people will then accept it for their business and more people will put their money in bitcoin without any fear of volatility of bitcoin.
I do not think if more people using bitcoin if the price would be stable, because more users are still using bitcoin to gain income in fluctuating on its price.
Then when the price would be stable they do not gain income in their investment its better to invest in banks than bitcoin if ever.
hero member
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Yes if the price of bitcoin is stabled then it will get more popularity, as more people will then accept it for their business and more people will put their money in bitcoin without any fear of volatility of bitcoin.

You are true but more people are wishing that the price of bitcoin do not get stability as they are earning a good amount with the price rise and so they like the rise of the bitcoin value. we can see that in this year a large number of people from all over the world have joined bitcoin it is because they heard that the price will increase in this year in July.
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