If Bitcoin had a stable price, would it still be as popular? - page 158.

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Quote from: JohnyWalkerUK on June 18, 2016, 12:18:31 PM

Quote from: yhansky on June 18, 2016, 08:20:25 AM

If bitcoin will have a stable or lets say " fixed price" then it could be sign that bitcoin is our next currency.
But bitcoin must be known all over the world first.

Bitcoin is know, but it's time for people to use it, alas webshops start accepting this great coin us customers being able to use it.
A stable price will not come for at least a few years.

Stability is the reason people would buy bitcoin or even accept it, These days it is too risky to buy bitcoins or accept it, because as a merchant you want to have a fixed value for your product.

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Quote from: yhansky on June 18, 2016, 08:20:25 AM

If bitcoin will have a stable or lets say " fixed price" then it could be sign that bitcoin is our next currency.
But bitcoin must be known all over the world first.

Bitcoin is know, but it's time for people to use it, alas webshops start accepting this great coin us customers being able to use it.
A stable price will not come for at least a few years.

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Quote from: PinkLlama on May 03, 2016, 04:37:56 AM

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?

yeah i think even if bitcoin price was stable it could still be popular.

the only difference in an stable price would have been popularity as a currency while now bitcoin is more popular as an investment.

so in case of stable price it would have been used more as acurrency like USD, or EUR.

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If bitcoin will have a stable or lets say " fixed price" then it could be sign that bitcoin is our next currency.
But bitcoin must be known all over the world first.

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Minors price changes will not affect bitcoins popularity i think, most of bitcoin users already accustomed that bitocin is not so stable. I think that if bitcoin will become stable we will get more users.

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Quote from: bob123 on June 18, 2016, 06:10:21 AM

To be honestly i think a stable price would make it even more popular..
e.g. if it sattlet itself at about 1k$

It would be more trusted than a "currency" which is not stable at all

I guess you are right, but we can't remove the word 'decentralize' which is the character of bitcoin. And being a decentralized online currency,
there is no stable value at all.
And I guess, it is one of the influential characteristic of bitcoin of why it is getting more popular.

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To be honestly i think a stable price would make it even more popular..
e.g. if it sattlet itself at about 1k$

It would be more trusted than a "currency" which is not stable at all

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Quote from: Ziskinberg on June 18, 2016, 05:45:15 AM

Quote from: ultimatesky on June 15, 2016, 09:34:39 AM

Quote from: xuan87 on May 03, 2016, 06:23:50 AM

If bitcoin has a stable price around 1000$ it will become more popular but if the price has fall down to less than 1 $ i think everybody will try to look for another coin to replace bitcoin

No to be honest I think that it will not be as popular because the most people are using it because they want to make money so they use it as an investment.

Bitcoin will only be popular when the price will become more stable, the price now that is fluctuate hard is only good for the investors or the traders but would not really help to adopt more people to use bitcoins, the best feature should be the fast transactions and the low cost.

I can say it will be more popular because many oppurtunities will be open for bitcoin if price will be stabilized many advertiser will come and maybe we cn see more sig campaign will be open for future, and i can see thay price stability is better than flactuating price is because if price is so high like today we cant really see newly open sig campaigns and also advertiser will pulling of since they cannot shoulder the fee

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Do you think Bitcoin would be more popular if it had a stable price of $100? Surely the investors and speculators wouldn't be as interested as they are nowadays if ever and honestly I am not sure that average online shoppers would be either as there is no incentive to buy a digital currency when there are already alternatives to digital fiat like Paypal, Apple pay and Neteller and all that jazz. But if Bitcoin were more stable and widely accepted it would be used for daily shopping and paying utility bills and everything else people already do with their fiat. Also Bitcoin is great for sending remittances overseas due to the very low fees. I think the low fees are the biggest selling point of Bitcoin. But I guess if it had a stable value it wouldn't be as popular as it is today.

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Quote from: ultimatesky on June 15, 2016, 09:34:39 AM

Quote from: xuan87 on May 03, 2016, 06:23:50 AM

If bitcoin has a stable price around 1000$ it will become more popular but if the price has fall down to less than 1 $ i think everybody will try to look for another coin to replace bitcoin

No to be honest I think that it will not be as popular because the most people are using it because they want to make money so they use it as an investment.

Bitcoin will only be popular when the price will become more stable, the price now that is fluctuate hard is only good for the investors or the traders but would not really help to adopt more people to use bitcoins, the best feature should be the fast transactions and the low cost.

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Quote from: xuan87 on May 03, 2016, 06:23:50 AM

If bitcoin has a stable price around 1000$ it will become more popular but if the price has fall down to less than 1 $ i think everybody will try to look for another coin to replace bitcoin

No to be honest I think that it will not be as popular because the most people are using it because they want to make money so they use it as an investment.

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Quote from: Snorek on June 12, 2016, 10:24:32 AM

Quote from: pearl11 on June 12, 2016, 10:04:24 AM

Quote from: PinkLlama on May 03, 2016, 04:37:56 AM

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?

If thats the price no one will have interest on bitcoin right now,cause its useless and worthless.
And that will lead to hatred and frustrations.

And how exactly will BTC stable price will lead to hatred? I thought that every currency ultimate goal is to achieve stable price.
Free from inflation and whimsical nature of global markets. I know that this is more of an economical utopia but that the fact.

Stable bitcoin will be considered as valid replacement to many weak and unstable national recurrences - with current ultra liquid BTC it is not possible.

Bitcoin is becoming more popular always and that is because there are more people that will get to know about it because there are many people that is using it.
And more stores is accepting it also more so that is perfect so we can spend it more.

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Yes it will be more popular as it becomes more stable. And as it becomes more popular it will help with stability. The halving is going to help big time with both of those so I'm going long on BTC now.

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Yes I think it will still be popular but than more as a pay method and not as a profitable investment anymore.

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Quote from: Mvaporis1961 on June 13, 2016, 11:50:18 PM

I think yes and it will use bitcoin as they other kind of payment like in restaurants,bars and shopping stores. Also if the bitcoin has a stable price i think it will also use to pay the salary of the employee.

It will be still popular if the price of it is high, because people tend to think if they saw they saw the price of it is high, then it can pull them from using it. But since it is decentralize monetary unit, I'm hoping for a good stable price range of bitcoin in the future.

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I think yes and it will use bitcoin as they other kind of payment like in restaurants,bars and shopping stores. Also if the bitcoin has a stable price i think it will also use to pay the salary of the employee.

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Quote from: Snorek on June 12, 2016, 10:24:32 AM

Quote from: pearl11 on June 12, 2016, 10:04:24 AM

Quote from: PinkLlama on May 03, 2016, 04:37:56 AM

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?

If thats the price no one will have interest on bitcoin right now,cause its useless and worthless.
And that will lead to hatred and frustrations.

And how exactly will BTC stable price will lead to hatred? I thought that every currency ultimate goal is to achieve stable price.
Free from inflation and whimsical nature of global markets. I know that this is more of an economical utopia but that the fact.

Stable bitcoin will be considered as valid replacement to many weak and unstable national recurrences - with current ultra liquid BTC it is not possible.

It will becomes more popular and that is because there are now more stores also that is accepting Bitcoin and that is really nice for people who already have Bitcoin.
But of course you never know what the price will be in the future and that is the problem of the currency.

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off course it would be not so popular as it is right now. Because what will happen to peole there investments because they want profit and if you cant make profit you dont need to invest.

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Quote from: expert4knowledge on June 13, 2016, 07:56:39 AM

Compared to the time that bitcoin price is increasing, I would say no, for example now many people are considering bitcoin as a good method of investment.

On the contrary stable bitcoin will give way to mass merchant adoption. Considering the fact that Bitcoin community is not composed of investors alone, stable Bitcoin means a lesser risk for merchants, and will give them reason to adopt it as mode of payment, once merchant adopted this kind of currency, it gives way to promotion and global to local awareness of what bitcoin really is, what it does and so on. This means consumers , merchants, investors will know more about Bitcoin

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Compared to the time that bitcoin price is increasing, I would say no, for example now many people are considering bitcoin as a good method of investment.

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