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Topic: If Bitcoin had a stable price, would it still be as popular? - page 153. (Read 171763 times)

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.
hero member
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i seriously dought that. actully many users even me belive that it is one of the bad property of bitcoins but its actully a reason which is making it popular. c'mon lets be honnest we like to make few bucks with those ups and downs but if it became stable then we can only use it means only use it

For sure the volatility around bitcoin had attracted several people inside but if the price were stable I believe bitcoin would had reach mainstream and countries would already regulated and accepted it instead being against and banning bitcoin, bot situations make us choose which side we would like to be and the current one.
sr. member
Activity: 266
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i seriously dought that. actully many users even me belive that it is one of the bad property of bitcoins but its actully a reason which is making it popular. c'mon lets be honnest we like to make few bucks with those ups and downs but if it became stable then we can only use it means only use it
hero member
Activity: 658
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?

i am sure that if bitcoin's price would be stable and not changing whole day like usual, it would lose some users, people that buys bitcoin for small price and sells them for larger

but more people, people that only want to use bitcoins would join, as now they are afraid  to invest  in bitcoins because they don't want to lose any of their money because of price drops
legendary
Activity: 1163
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If you see bitcoin value right now , it's higher than gold amount for a moment !
If you're see gold, it's already been popular investment so imagine if bitcoin has higher value, it will more popular than gold ! Many big company will start notice about bitcoin
hero member
Activity: 1470
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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?
No to be honest the Bitcoin would never be as popular as it is right now if the price was only stable because that means you can only use it as an currency and not as an investment.
Many Bitcoin users are making use of the Bitcoin because of the fact that you can use it as an investment as well.

but in case it was stable and could only be used as a currency don't you think more businesses would have used it then?

because i do believe that many people are staying away and are afraid to use bitcoin because of this volatility and that is what you don't ever want in your business.
hero member
Activity: 616
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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?
No to be honest the Bitcoin would never be as popular as it is right now if the price was only stable because that means you can only use it as an currency and not as an investment.
Many Bitcoin users are making use of the Bitcoin because of the fact that you can use it as an investment as well.
sr. member
Activity: 462
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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.
hero member
Activity: 2590
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If you ask me yes because i believe that if the price is stable it will result for getting more popularity because it will be a good chance to those people who have a business to make bitcoin as another mode of payment because of it's being fixed and doesn't change more often than before.
hero member
Activity: 826
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sure, stable prices make people want to buy it and use it. it means that they trust it. first it will be accepted by the young generation. i think that the olders wont trust it so much. it is up for the next generation to decide.
Well, you say like this while people like me think that the changing price is what adds fun and curiosity to bitcoins, because you cannot guess which direction price might go and if you can, you earn with it.
hero member
Activity: 3024
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Hell no
well i guess it is hard to predict this thing, also it is pretty much impossible for bitcoin to have a stable price over a really long time so i think it might be an incorrect question

though if this would ever happen i am pretty sure that bitcoin wouldnt be that popular among the investors because the fluctuations allow people to make a lot of money over time

We will really don't know what is going to be the effect of bitcoin once the price is going to be stable or it can be considered as an online dollar.
We can't tell it.
There are some of people that agree that it will have a good effect it this is going to be implemented and there are some that disagree.
hero member
Activity: 560
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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?

Yes regardless of its price people will still use bitcoin, not so much because of its current price but the usability of bitcoins in daily transactions. If I would vote I would like bitcoins price to be stable so that I will not fear keeping my bitcoins in my wallet worrying about monetary value deflation. But given the scarcity and limited supply of bitcoins it is but we cannot stop the possible increase of monetary value of btc.
sr. member
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Hell no
well i guess it is hard to predict this thing, also it is pretty much impossible for bitcoin to have a stable price over a really long time so i think it might be an incorrect question

though if this would ever happen i am pretty sure that bitcoin wouldnt be that popular among the investors because the fluctuations allow people to make a lot of money over time
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.
Yes, and another thing is, we will not be having any altcoins because price being fixed there was no competition.
I feel there would have been no btc-e and such tremendous sites which now exist because of this fluctuating price of bitcoin.

Yes the fluctuation of bitcoins price is getting the investors attention and without it and if it will going to become stable at all. It won't attract people's attention and they will just tend to think, 'ok an online currency' simple as that and they won't think about an investment on it. But if the price is unstable, it is just like trading your local currency for dollar.
sr. member
Activity: 476
Merit: 250
off course not if the bitcoin has a stable value i dont think it is very interested for people to invest into it because the price wont rise bt also wont drop so you are only changing money for a coin that not has a value
yeah same as in gold. people start looking for profitable investment in a short time. if bitcoin be like gold I doubt bitcoin will have a lot of users
hero member
Activity: 1092
Merit: 523
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.
Yes, and another thing is, we will not be having any altcoins because price being fixed there was no competition.
I feel there would have been no btc-e and such tremendous sites which now exist because of this fluctuating price of bitcoin.
legendary
Activity: 1092
Merit: 1000
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I actually believe it will be less popular because the traders, as they are the majority, are in Bitcoin because the price shows wild fluctuations from time to time. It not being stable is not an issue though.

And actually if you really think about it the traders are actually the most important ones because they keep the cash flowing in the market. Though it can change any time..


On the contrary I think there is no more / most important group in Bitcoin economy.  Each group playing their own role to move Bitcoin economy towards improvement.  Trader are in for profit, they can be short time or long time.   Users are far more in number and they don't care if they profit or not because they just want to use Bitcoin, and they are the reason why Developer aim to develop Bitcoin and upgrade it continuously.  When Bitcoin price is stable, it will be more popular to merchants, but may decrease popularity to Traders.  But to some it all, increase in merchants equals increase in store where one can spend his Bitcoin locally, which equals to increase in adoption of users. the odd 2 : 1, so i think it will be more popular at it's stable price.
Exactly, the benefits will only be experience for the majority if we can see a stable price, in that way we can see massive adoption starting from the large merchants, with the current status only the traders and investors are benefiting much.
legendary
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I actually believe it will be less popular because the traders, as they are the majority, are in Bitcoin because the price shows wild fluctuations from time to time. It not being stable is not an issue though.

And actually if you really think about it the traders are actually the most important ones because they keep the cash flowing in the market. Though it can change any time..


On the contrary I think there is no more / most important group in Bitcoin economy.  Each group playing their own role to move Bitcoin economy towards improvement.  Trader are in for profit, they can be short time or long time.   Users are far more in number and they don't care if they profit or not because they just want to use Bitcoin, and they are the reason why Developer aim to develop Bitcoin and upgrade it continuously.  When Bitcoin price is stable, it will be more popular to merchants, but may decrease popularity to Traders.  But to some it all, increase in merchants equals increase in store where one can spend his Bitcoin locally, which equals to increase in adoption of users. the odd 2 : 1, so i think it will be more popular at it's stable price.
sr. member
Activity: 389
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I actually believe it will be less popular because the traders, as they are the majority, are in Bitcoin because the price shows wild fluctuations from time to time. It not being stable is not an issue though.

And actually if you really think about it the traders are actually the most important ones because they keep the cash flowing in the market. Though it can change any time..


sr. member
Activity: 420
Merit: 250
I think yes, it will make more people use bitcoin because they can use bitcoin as a long term investment same like gold. With a stable price, bitcoin can make's bitcoin's price become good.
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