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Topic: If Bitcoin had a stable price, would it still be as popular? - page 155. (Read 171763 times)

sr. member
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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.
i think its always a bad thing if the price is stable because we definitely wouldnt have that much investors if the price is stable
legendary
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Stability would get Bitcoin more popular as it will be able to become a global currency because of that.
And might eradicate fiat out of the game if stability comes into it.
sr. member
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I think Bitcoin will be more stable of it attains a stable price...but right now most of all holding bitcoin for a price increase in next 5-6 years....its quiet volatile now...not easy to predict...but i think stable bitcoin price will does not affect the popularity of bitcoin because it has other advantages as well

Well I think that it's not that easy question to answer. If it becomes a stable currency, it could gain popularity all around the world, but thats highly unlikely, but not saying it can't happen!

When there's not going to be a fear for the price drop, and the price tag stays the same for at least a year, then we could actually theorize on what could might potentially happen.
hero member
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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.

The current sentiment of bitcoin, is it behaving like FOREX, attractive for speculators not so much for merchants and consumers.
If the price becomes stable, stable as stable can be for a currency, it will be more appealing to merchants and consumers, and less appealing for investors, at least the investors who deal in hedging and risk.
sr. member
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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
hero member
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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.
hero member
Activity: 504
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I think Bitcoin will be more stable of it attains a stable price...but right now most of all holding bitcoin for a price increase in next 5-6 years....its quiet volatile now...not easy to predict...but i think stable bitcoin price will does not affect the popularity of bitcoin because it has other advantages as well
You think traders want that to happen? I think traders will always make bitcoin prices continue to fluctuate. because it makes them a profit? maybe if the price of bitcoin becomes stable. traders no longer interested in bitcoin
full member
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I think yes and no. If Bitcoin quires stable price, then Bitcoin will be used as a reserve currency. On the other hand, if the price is stable, it will cause a decline in interest from speculators, I think so. At least to me it would be in exactly the.
full member
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I think Bitcoin will be more stable of it attains a stable price...but right now most of all holding bitcoin for a price increase in next 5-6 years....its quiet volatile now...not easy to predict...but i think stable bitcoin price will does not affect the popularity of bitcoin because it has other advantages as well
legendary
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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
legendary
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I think if bitcoin have the stable prices, the bitcoin will be preferred. bitcoin will be more widely used, but traders certainly do not like it. but I'm sure if it really stable, bitcoin will be legalized by many countries. there will be a guarantee that makes bitcoin has a stronger position in the world financial market.

Oh yes i think a few more people would use it as an actual currency but if it had a stable price it wouldnt be named a stock anymore because there would be no risk, it would be like buying a walmart stock, the price will change a few cents but never anymore really and it just isn't really worth it.
That is the only way to attract mass adoption, we need to have a stable price because that is the mirror that a certain thing is strong. When that time happens we will surely see major investors like merchants adopting with bitcoins.
sr. member
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I think if bitcoin have the stable prices, the bitcoin will be preferred. bitcoin will be more widely used, but traders certainly do not like it. but I'm sure if it really stable, bitcoin will be legalized by many countries. there will be a guarantee that makes bitcoin has a stronger position in the world financial market.

Oh yes i think a few more people would use it as an actual currency but if it had a stable price it wouldnt be named a stock anymore because there would be no risk, it would be like buying a walmart stock, the price will change a few cents but never anymore really and it just isn't really worth it.
legendary
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I think if bitcoin have the stable prices, the bitcoin will be preferred. bitcoin will be more widely used, but traders certainly do not like it. but I'm sure if it really stable, bitcoin will be legalized by many countries. there will be a guarantee that makes bitcoin has a stronger position in the world financial market.
sr. member
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I think if the price were more stable, it would be more popular as a form of payment for merchants and customers. However, I think it would be less popular for investors and traders.
hero member
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Well IMO bitcoin would not be as popular as it is if it had a stable price. Many use it for investment because of it's unstable price. If it have stable price, I don't think many will use it.
yes because majority people who using bitcoins want to earn some profit with trading bitcoin and i think this is common things everybody already know about that and if prices too stable i'm afraid people will start to leave it because bitcoin no longer profitable


Yeah people wants to make profits from it and that is only possible if there is price fluctuations, and if price becomes stable in future then majority of people will prefer to quit bitcoins, especially the traders.

Unfortunately you are right mate. Most newcomers are just interested in bitcoin for speculative purposes, and it seems that most of them have put aside all considerations about the real value of bitcoin as an innovative way to carry out our financial transactions, and all the technological advances behind this useful possibility. These days the bitcoin interest is only focused in the making of money and profitability.
legendary
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Well IMO bitcoin would not be as popular as it is if it had a stable price. Many use it for investment because of it's unstable price. If it have stable price, I don't think many will use it.
yes because majority people who using bitcoins want to earn some profit with trading bitcoin and i think this is common things everybody already know about that and if prices too stable i'm afraid people will start to leave it because bitcoin no longer profitable


Yeah people wants to make profits from it and that is only possible if there is price fluctuations, and if price becomes stable in future then majority of people will prefer to quit bitcoins, especially the traders.
legendary
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Well IMO bitcoin would not be as popular as it is if it had a stable price. Many use it for investment because of it's unstable price. If it have stable price, I don't think many will use it.
yes because majority people who using bitcoins want to earn some profit with trading bitcoin and i think this is common things everybody already know about that and if prices too stable i'm afraid people will start to leave it because bitcoin no longer profitable
legendary
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which makes bitcoin popular is the price, if the price is stable and is in a low price, I do not guarantee it will remain popular, because people may be getting bored with such situations. but if the high price of bitcoin will become increasingly popular

The higher the price the more people want it the lower the price the more experienced people want to buy it... It's all about the information we know and the basic people outside of btc want btc but they just dont know how to get into it

BTC stable would not be as popular as fluctuation btc.

But what if price remains stable at $5k, do you still think that it won't be popular? I am not talking about the traders, but those who are earning bitcoins by campaign or faucets or by offering services, they will be very much satisfied to see that higher price.














hero member
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which makes bitcoin popular is the price, if the price is stable and is in a low price, I do not guarantee it will remain popular, because people may be getting bored with such situations. but if the high price of bitcoin will become increasingly popular

The higher the price the more people want it the lower the price the more experienced people want to buy it... It's all about the information we know and the basic people outside of btc want btc but they just dont know how to get into it

BTC stable would not be as popular as fluctuation btc.
legendary
Activity: 3010
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Well IMO bitcoin would not be as popular as it is if it had a stable price. Many use it for investment because of it's unstable price. If it have stable price, I don't think many will use it.

True, many bitcoin users use bitcoin as investment because it's volatile price. If bitcoin has stable price, people wouldn't interested to it.

Even that so, bitcoin's advantage is it's anonymous and fast transaction. People would still use it as payment method.

I think you are only pertaining to certain group of people.  Remember in Bitcoin economy there are several groups. And each person can belong to one or more of those group.  Volatility  attracts investors, risk takers and gamblers, while stable in price attracts merchants, users, less risk takers and gamblers.  Please bear in mind that Bitcoin economy doesnt consist of investors only.  

Either way as long as Bitcoin is found useable and ahead of other competitor, interest will never cease.
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