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Topic: If Bitcoin had a stable price, would it still be as popular? - page 156. (Read 171736 times)

newbie
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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
sr. member
Activity: 490
Merit: 250
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.
hero member
Activity: 574
Merit: 500
I think bitcoin would be popular even the price is stable. people can use bitcoin as online savings without worrying that their money can decrease.
I think just the opposite because the price of bitcoin that's fluctuation so make everyone is interested in investing in bitcoin if the price of bitcoin stable may bitcoin will not grow as big as this.

Yeah bitcoin would def not grow to as big as it is not because the fluctuation gets everyone excited any everything. The major changes is what makes people money and making people money is what they want.
hero member
Activity: 518
Merit: 500
I think bitcoin would be popular even the price is stable. people can use bitcoin as online savings without worrying that their money can decrease.
I think just the opposite because the price of bitcoin that's fluctuation so make everyone is interested in investing in bitcoin if the price of bitcoin stable may bitcoin will not grow as big as this.
legendary
Activity: 1596
Merit: 1005
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Interesting question and I am afraid there is no ideal and unanimous answer. Because:

From one point of view bitcoin's highly unstable nature is interesting for investors and speculators. Without this 'feature' I probably wouldn't hear about bitcoin myself.
 
But...

I heard many times that we are aiming for total adoption and adoption of bitcoin cannot happen without stability, or so they say.

And the most important auxiliary question is - how high should that stable bitcoin price be? $100, $500, $1000 or maybe even more?

At this point asking about BTC stability is pure speculation, because we have no regulation and no way of influence the price of bitcoin - and I doubt we will ever have.

hero member
Activity: 3010
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I think bitcoin would be popular even the price is stable. people can use bitcoin as online savings without worrying that their money can decrease.
hero member
Activity: 574
Merit: 500
i Dont think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore/

It would not be a very good investment opportunity and that would be a major issue but that isnt the big deal for some people so it would just be a small issue which would drive a lot off but also keep a lot on it.

I would love to see btc at a stable price for a good month or two just to see how people would react.

Yeah but i feel you long term investment is great but the building itself is the foundation of why a lot of us use btc, the extreme jumps and dives is what brings us all back to the moment we first liked deeply about finding btc.

It would really change a lot of it.

I don't think so. Because the whole point of bitcoin is a system of government control and if bitcoin had a stable price then it would mean that bitcoin is basically controlled by the fiat system. so if it was it would just be really stupid.
sr. member
Activity: 294
Merit: 250
i Dont think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore/

It would not be a very good investment opportunity and that would be a major issue but that isnt the big deal for some people so it would just be a small issue which would drive a lot off but also keep a lot on it.

I would love to see btc at a stable price for a good month or two just to see how people would react.

Yeah but i feel you long term investment is great but the building itself is the foundation of why a lot of us use btc, the extreme jumps and dives is what brings us all back to the moment we first liked deeply about finding btc.

It would really change a lot of it.
hero member
Activity: 574
Merit: 500
i Dont think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore/

It would not be a very good investment opportunity and that would be a major issue but that isnt the big deal for some people so it would just be a small issue which would drive a lot off but also keep a lot on it.

I would love to see btc at a stable price for a good month or two just to see how people would react.
sr. member
Activity: 336
Merit: 250
i Dont think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore/
sr. member
Activity: 364
Merit: 250
For my opinion it would be popular when the price is stable because more users can explain the benefits of bitcoin with low risk because the price is stable not worrying that price will going down then it will spread very easy.

The price these days is very important
People think with bitcoin about making money or getting rich, not about how they can use it for transactions.
full member
Activity: 168
Merit: 100
For my opinion it would be popular when the price is stable because more users can explain the benefits of bitcoin with low risk because the price is stable not worrying that price will going down then it will spread very easy.
sr. member
Activity: 294
Merit: 250
I don't think so. Because the whole point of bitcoin is a system outside of government control and if bitcoin had a stable price then it would mean that bitcoin is basically controlled by the fiat system.

definitely not.
hero member
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I do believe that now stability in price is necessary because stability will really make it much more popular.It will be much more popular than now.Many new people will make entry as so many are afraid of all this highly volatility in prices.Stability assure of safer investment and surely popular as well.

I would say really it is the best if bitcoin is going to have a price stability because we just tend to guess for the price of the bitcoin and there is really no assurance on it.
I hope devs of bitcoin will going to consider it as a centralize type of crypto currency.
sr. member
Activity: 447
Merit: 250
Smiley I wish I could believe that a significant majority of people here are dealing with BTC not only for profit_ but for the idea.
i think most of the people are in bitcoins at the moment in order to earn a lot of money

it would definitely still be profitable in my opinion if the price would be stable
legendary
Activity: 1610
Merit: 1183
It would not, probably. We've had Bitcoin at a stable price for months, at around 200-250 a coin, and most people where interested in other meaningless crap instead of learning about Bitcoin. Now the ones that knew Bitcoin was important regardless the price, get the rewards since everyone is getting interested and price will not stop going up.
hero member
Activity: 658
Merit: 500
I dont think that the bitcoin price will become such popular as now because why would people invest into something that cant rise i dont think that would be popular enough.
I also think so. bitcoin become popular because bitcoin is a commodity investment that give big profitable in the short term. The blessing of the fluctuations. if prices stabilize of course people will be increasingly difficult to earn huge profits?
hero member
Activity: 2674
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It's very hard to achieve Bitcoin to be stable. I don't know if that would affect its popularity but it would affect the status on the financial market. But then the whole story with Bitcoin would go in some other way, not necessary better then it is now.
It could be popular only from payments of your bills the structure of inventing bitcoin was to made payment easy and reliable. I think it is possible that bitcoin would popular but not as popular.
hero member
Activity: 784
Merit: 1000
I do believe that now stability in price is necessary because stability will really make it much more popular.It will be much more popular than now.Many new people will make entry as so many are afraid of all this highly volatility in prices.Stability assure of safer investment and surely popular as well.
sr. member
Activity: 266
Merit: 250
No honestly I do not think that it will be so popular as now if it was stable, its profitable and that is also why its very popular now a days.
You can make a lot of money in a relative short time.
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