I actually believe that bitcoin will be as popular as it is today because bitcoin price is the actually what makes it attractive, though it not being that very stable doesn't attract any new people
However there is always a fluctuation going on. Bitcoin is known to be very extremely volatile and unpredictable digital currency. Sadly, I doubt it can ever be that stable like other currencies, oh well...
Topic: If Bitcoin had a stable price, would it still be as popular? - page 154. (Read 171736 times)
Hell no
i doubt that, in my opinion bitcoin would still be very popular because bitcoin is decentralized currency 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.
Of course, a thing is circulating in the economy with it's price. And price tells what the level of importance of it.
Since the price of bitcoin is getting high.
The importance of it really affects, but I don't think bitcoin will still be popular if it has stable price.
People are using it at a moment only because they can advantage from price fluctuations on regular basis, if it gets stable then majority of people will prefer to quit bitcoin and invest in something from where they can make good profits.
Hell no
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.
Of course, a thing is circulating in the economy with it's price. And price tells what the level of importance of it.
Since the price of bitcoin is getting high.
The importance of it really affects, but I don't think bitcoin will still be popular if it has stable price.
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
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
They can always switch to altcoins. I've been always saying that, for example, Dogecoin is more rewarding in this aspect. I mean for speculation purposes
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.
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.
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.
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.
No it would be less more popular because this means its not profitable and the bitcoin is popular because its so profitable on a short term due to the instability it has.
I think we never cam far if it was not like it is right now.
I think we never cam far if it was not like it is right now.
I think that Bitcoin volatility is part of its charm and the way for people to make money. If the price would be stable all the time that would change the whole world of Bitcoin.
Yeah! but it is a better world when the price of bitcoins will be stable, the current reaction of price now is only for the benefits of the investors especially the whales as they can manipulate the price anytime they feel like doing it, it we want to have a strong community bitcoins should be back by volume of users not by amount of investment by whales. 
I think that Bitcoin volatility is part of its charm and the way for people to make money. If the price would be stable all the time that would change the whole world of Bitcoin.
Stability of prices has pros and cons, bitcoin has more trust among some of people but with instability it becomes similar to markets such as forex which attracts some of investors.
thats true though in my opinion better when price is fluctuating as more people then choose to use bitcoin in order to make some money
i'm sure bitcoin will be less popular so many people come to bitcoin just to take advantage of its fluctuation characteristic in order to make some profit
if the price stable,trader would exchange their bitcoin to alt,but will not giving affect to bitcoin that much
I think someone who wants bitcoin fluctuations only traders I'm walkin think they will make sacrifices for bitcoin or want to see the bright future of bitcoin. in fact they are quite happy when the price falls ? because they can do a dump on it. they only think about profit. I think not matter to me if the price of bitcoin becomes stableif the price stable,trader would exchange their bitcoin to alt,but will not giving affect to bitcoin that much
i'm sure bitcoin will be less popular so many people come to bitcoin just to take advantage of its fluctuation characteristic in order to make some profit
if the price stable,trader would exchange their bitcoin to alt,but will not giving affect to bitcoin that much
Yeah I can see that most users bitcoin is a hunter advantage where they want to benefit from price increases or fluctuations. as they seek to profit from short-term investments. but certainly there are some users who are not a problem with a stable price, but with a note that the price is stable at a high priceif the price stable,trader would exchange their bitcoin to alt,but will not giving affect to bitcoin that much
High and stable price is possible only if Bitcoin starts to be widely used as a currency, i.e. as a means of payment for the exchange of real goods and services, and not exclusively as a speculative vehicle as it is used right now...
Until then we will have to cope with high volatility, the opposite of stability
Instability but yes lol we have to deal with that until we all know that it is widely enough used for everyone that we could keep it STEADY and strong. You will notice though that not many would use it because that'd be just like using their regular currency and everyone enjoy that but there is no need for another currency just like their own right?
Have fun trying to make btc a stable currency!
i'm sure bitcoin will be less popular so many people come to bitcoin just to take advantage of its fluctuation characteristic in order to make some profit
if the price stable,trader would exchange their bitcoin to alt,but will not giving affect to bitcoin that much
Yeah I can see that most users bitcoin is a hunter advantage where they want to benefit from price increases or fluctuations. as they seek to profit from short-term investments. but certainly there are some users who are not a problem with a stable price, but with a note that the price is stable at a high priceif the price stable,trader would exchange their bitcoin to alt,but will not giving affect to bitcoin that much
High and stable price is possible only if Bitcoin starts to be widely used as a currency, i.e. as a means of payment for the exchange of real goods and services, and not exclusively as a speculative vehicle as it is used right now...
Until then we will have to cope with high volatility, the opposite of stability
i'm sure bitcoin will be less popular so many people come to bitcoin just to take advantage of its fluctuation characteristic in order to make some profit
if the price stable,trader would exchange their bitcoin to alt,but will not giving affect to bitcoin that much
Yeah I can see that most users bitcoin is a hunter advantage where they want to benefit from price increases or fluctuations. as they seek to profit from short-term investments. but certainly there are some users who are not a problem with a stable price, but with a note that the price is stable at a high priceif the price stable,trader would exchange their bitcoin to alt,but will not giving affect to bitcoin that much
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?
It would surely get more traction among producers, which, as a result, would lead to a wider user base in the long term since Bitcoin would attract not just online gamblers, investors (aka speculators) and traders (aka profiteers) but also the average Joe and Jill...
Though speculators and profiteers wouldn't be quite happy
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