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Topic: If Bitcoin had a stable price, would it still be as popular? - page 157. (Read 171763 times)

newbie
Activity: 56
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 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.
sr. member
Activity: 336
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Bitcoin wont be stable for a long time and that is because you have to know that the price is always changing and now it is also rising so that is very nice for people who are waiting.
And it will be really hard to know what is going to happen in the future so that is the bad thing of it.
hero member
Activity: 546
Merit: 500
bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...
I do not think that if the Bitcoin price was only stable that it would be as popular as it is right now.
Nobody would make use of it because if that happened then we would not be able to make money with it.
sr. member
Activity: 364
Merit: 250
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.
legendary
Activity: 2912
Merit: 1068
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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.
legendary
Activity: 1232
Merit: 1000
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 as a trader, if bitcoin have a stable price I think it will not use bitcoin. because the risk is greater than profits. Thank you

I see your point here but I, as a merchant,  would gladly accept Bitcoin as payment for my goods as I see lesser risk from it being volatile.  I would even introduce it to my co merchant,so they can experience the benefits of accessing crypto community.  And i bet they will be satisfied for Crypto Community is huge now.
Yes ecactly what I am thinking it will be low risk for merchants as when the price will be stable people can also use them for any time use for any goods or services easily without risk on both buying and selling parties.

That's right it is also be a good thing if bitcoin will have a stable price. But still there is no currency that has stable price or value.
Just like the stock market and foreign exchange it has never been stable.
So, even bitcoin will not be stable it will still has become more popular.

even if bitcoin price is stable I think it's very tedious, especially I was a trader. but no problem if the price is stable at a high price.
when talking about popularity, bitcoin I think really has not been very popular. maybe a few years ahead when the prices are very high, it may become more popular.
hero member
Activity: 3024
Merit: 680
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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?

I as a trader, if bitcoin have a stable price I think it will not use bitcoin. because the risk is greater than profits. Thank you

I see your point here but I, as a merchant,  would gladly accept Bitcoin as payment for my goods as I see lesser risk from it being volatile.  I would even introduce it to my co merchant,so they can experience the benefits of accessing crypto community.  And i bet they will be satisfied for Crypto Community is huge now.
Yes ecactly what I am thinking it will be low risk for merchants as when the price will be stable people can also use them for any time use for any goods or services easily without risk on both buying and selling parties.

That's right it is also be a good thing if bitcoin will have a stable price. But still there is no currency that has stable price or value.
Just like the stock market and foreign exchange it has never been stable.
So, even bitcoin will not be stable it will still has become more popular.
legendary
Activity: 1176
Merit: 1016
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 as a trader, if bitcoin have a stable price I think it will not use bitcoin. because the risk is greater than profits. Thank you

I see your point here but I, as a merchant,  would gladly accept Bitcoin as payment for my goods as I see lesser risk from it being volatile.  I would even introduce it to my co merchant,so they can experience the benefits of accessing crypto community.  And i bet they will be satisfied for Crypto Community is huge now.
Yes ecactly what I am thinking it will be low risk for merchants as when the price will be stable people can also use them for any time use for any goods or services easily without risk on both buying and selling parties.
legendary
Activity: 1092
Merit: 1000
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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?

I as a trader, if bitcoin have a stable price I think it will not use bitcoin. because the risk is greater than profits. Thank you

I see your point here but I, as a merchant,  would gladly accept Bitcoin as payment for my goods as I see lesser risk from it being volatile.  I would even introduce it to my co merchant,so they can experience the benefits of accessing crypto community.  And i bet they will be satisfied for Crypto Community is huge now.
If you are a merchant you can still use bitcoins because you will be making necessary measures to convert your BTC to Fiat at the end of the day, I think there is no problem because the price now is rising to one direction and that is the benefits of the merchants or any person who holds bitcoins.
legendary
Activity: 3010
Merit: 1280
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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?

I as a trader, if bitcoin have a stable price I think it will not use bitcoin. because the risk is greater than profits. Thank you

I see your point here but I, as a merchant,  would gladly accept Bitcoin as payment for my goods as I see lesser risk from it being volatile.  I would even introduce it to my co merchant,so they can experience the benefits of accessing crypto community.  And i bet they will be satisfied for Crypto Community is huge now.
sr. member
Activity: 322
Merit: 250
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 as a trader, if bitcoin have a stable price I think it will not use bitcoin. because the risk is greater than profits. Thank you
hero member
Activity: 3164
Merit: 937
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?

Definitely not,but bitcoin price can`t be stable.It depends of the demand of btc.

The supply is almost fixed.For the price to be altered by 0.01-0.10$ the supply and demand has to

be almost equal.
hero member
Activity: 2814
Merit: 618
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No, because what's the point of having a bitcoin with a stable price? Think about it. Why can't you just use your bank account instead? Or just use cash in real life? The whole point of bitcoin is decentralization.

So no, it's not going to be popular at all.

Bitcoin will be as popular as it is now if the bitcoin price is stable . But the interest and advantage the investors and trader are taking for the unstable price , that interest / advantage will not be there if the prices of bitcoin is stable.
sr. member
Activity: 406
Merit: 250
i think yes, average joe like stable thing, more usage from non tech savy
hero member
Activity: 574
Merit: 500
No, because what's the point of having a bitcoin with a stable price? Think about it. Why can't you just use your bank account instead? Or just use cash in real life? The whole point of bitcoin is decentralization.

So no, it's not going to be popular at all.
sr. member
Activity: 294
Merit: 250
definitely not. The whole bitcoin of bitcoin is basically a system that is away from fiat monetary systems. If we fix the bitcoin's price, then there will be no point for using bitcoin. Just use Paypal instead.

If you want to use USD on a cryptocurrency, try USD tether.
legendary
Activity: 840
Merit: 1000
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?

Well i think that the popularity will not be the same as it is now but something less, because many bitcoin holders are holding bitcoin because of the hope that one day bitcoin price will be higher and to get higher profit. If the price would not change often then it will be as usual use like cash.
hero member
Activity: 1078
Merit: 514
If Bitcoin would be fixed price it would attract more users. Now here in this Bitcoin system only people who are ready to risk. So if no risk - then it's gonna be much more people who wish to use it or hold their money in BTC.
So cause of there is no any stable price currency - people just prefer not to risk
legendary
Activity: 1232
Merit: 1091
No, but it would be more secure than what it is now.

While some people are appealed because of the volatility, some people are scared of it. I prefer a slow and sturdy rise instead of daily pump and dumps.

More secure in what way? And yes, different people, different preferences. One likes to see a stable price where the value remains the same or at least not much lower than the price they bought at. And the other likes the volatility more as they are traders.
legendary
Activity: 3276
Merit: 2442
No, but it would be more secure than what it is now.

While some people are appealed because of the volatility, some people are scared of it. I prefer a slow and sturdy rise instead of daily pump and dumps.
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