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Topic: If Bitcoin had a stable price, would it still be as popular? - page 160. (Read 171736 times)

legendary
Activity: 1092
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If Bitcoin had a stable value, it would probably less popular among investors but more popular among consumers and businesses. Bitcoin is quite popular among some freelancers and gamblers because of the fairly unregulated nature of Bitcoin, so as long as that aspect remains there will always be people using it, regardless of if the price was stable or not.
The thing is we need to provide the interest of the majority in order for this bitcoin to prosper, right now bitcoins is still in its early stage due to the fact that major merchants are hesitant to adopt due to price instability.
hero member
Activity: 490
Merit: 520
If Bitcoin had a stable value, it would probably less popular among investors but more popular among consumers and businesses. Bitcoin is quite popular among some freelancers and gamblers because of the fairly unregulated nature of Bitcoin, so as long as that aspect remains there will always be people using it, regardless of if the price was stable or not.
legendary
Activity: 1526
Merit: 1179
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 don't think Bitcoin will have a stable price it's the community that has the say what will be it's price it's the demand it's very volatile but at this point of time it is going up because of the halving..

Yeah you are right. It's hard to make bitcoin's price stable, but it can stable if all people around the world and the government accept bitcoin.
Even then Bitcoin will not get stable. Also, governments will never directly accept Bitcoin as form of payment or in whatever other form.

The only thing they might be interested in is the technology behind Bitcoin for usage within the government. That's all.
newbie
Activity: 56
Merit: 0
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 the price of bitcoin is only 0.01 - 0.10 dollars , i can say bitcoin will not become that popular not like its popularity today and it will be just labeled as an alt coin only, some will invest and wait for the right time to sell it,
sr. member
Activity: 476
Merit: 250
Yes I think it will still be pretty popular to be honest, although the fact is the halving will be less more good for us all.
sr. member
Activity: 406
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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 don't think Bitcoin will have a stable price it's the community that has the say what will be it's price it's the demand it's very volatile but at this point of time it is going up because of the halving..

Yeah you are right. It's hard to make bitcoin's price stable, but it can stable if all people around the world and the government accept bitcoin.
hero member
Activity: 2926
Merit: 567
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 don't think Bitcoin will have a stable price it's the community that has the say what will be it's price it's the demand it's very volatile but at this point of time it is going up because of the halving..
legendary
Activity: 1232
Merit: 1030
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Not as popular but still relatively popular. Bitcoin was many popular mainly by the media, with all the shit about price skyrocketing, Craig Wright, and exchange exit scams.

If it wasn't for the media, bitcoin will be just used by cryptography fanatics.
hero member
Activity: 3024
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I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.

agree. people are afraid of the non-stable price that will risk their money to lost. besides, bitcoin is easy to be used, so it's possible to bitcoin to be more popular
Price instability in bitcoin price attract more people to bitcoin and hence more buying and usage.If bitcoin price were stable it would have been much attractive investment option and people would not have bought it

It might become uninteresting for the speculators. I agree that most people buying bitcoins today are speculators and long-term investors. But what about other (For eg. those looking it bitcoin as a pure payment means)?

If you don't want to get exposed to the volatility when using Bitcoin as currency, then you can choose to convert fiat to Bitcoin at the moment you want to purchase something with Bitcoin. I also do it this way.
I agree, I am gambling everyday using bitcoins and everytime I win I automatically convert the bitcoins to fiat or encash at our local exchange, I feel comfortable doing it.

I think you are far from the topic , topic is all about the stability of bitcoins price and not the convenience of it to gambling and encashing it to fiat.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.

agree. people are afraid of the non-stable price that will risk their money to lost. besides, bitcoin is easy to be used, so it's possible to bitcoin to be more popular
Price instability in bitcoin price attract more people to bitcoin and hence more buying and usage.If bitcoin price were stable it would have been much attractive investment option and people would not have bought it

It might become uninteresting for the speculators. I agree that most people buying bitcoins today are speculators and long-term investors. But what about other (For eg. those looking it bitcoin as a pure payment means)?

If you don't want to get exposed to the volatility when using Bitcoin as currency, then you can choose to convert fiat to Bitcoin at the moment you want to purchase something with Bitcoin. I also do it this way.
I agree, I am gambling everyday using bitcoins and everytime I win I automatically convert the bitcoins to fiat or encash at our local exchange, I feel comfortable doing it.
legendary
Activity: 1232
Merit: 1091
I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.

agree. people are afraid of the non-stable price that will risk their money to lost. besides, bitcoin is easy to be used, so it's possible to bitcoin to be more popular
Price instability in bitcoin price attract more people to bitcoin and hence more buying and usage.If bitcoin price were stable it would have been much attractive investment option and people would not have bought it

It might become uninteresting for the speculators. I agree that most people buying bitcoins today are speculators and long-term investors. But what about other (For eg. those looking it bitcoin as a pure payment means)?

If you don't want to get exposed to the volatility when using Bitcoin as currency, then you can choose to convert fiat to Bitcoin at the moment you want to purchase something with Bitcoin. I also do it this way.
legendary
Activity: 1232
Merit: 1000
I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.

agree. people are afraid of the non-stable price that will risk their money to lost. besides, bitcoin is easy to be used, so it's possible to bitcoin to be more popular
Price instability in bitcoin price attract more people to bitcoin and hence more buying and usage.If bitcoin price were stable it would have been much attractive investment option and people would not have bought it

It might become uninteresting for the speculators. I agree that most people buying bitcoins today are speculators and long-term investors. But what about other (For eg. those looking it bitcoin as a pure payment means)?
sr. member
Activity: 350
Merit: 250
You can see that the price of Bitcoin is becoming more popular and that is really nice because you see also that the value is going to rise slowly and it wont keep stable for a long time.
But it is really hard to predict for what is going to happen and that is the problem of it.
legendary
Activity: 2674
Merit: 1026
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I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.

agree. people are afraid of the non-stable price that will risk their money to lost. besides, bitcoin is easy to be used, so it's possible to bitcoin to be more popular
Price instability in bitcoin price attract more people to bitcoin and hence more buying and usage.If bitcoin price were stable it would have been much attractive investment option and people would not have bought it
member
Activity: 98
Merit: 10
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?
why not say that he was popular? certainly not as we would like but many countries are actively implementing and using it
sr. member
Activity: 323
Merit: 250
probably less popular with the speculators, but more popular with the people using bitcoins for remittances and online payments.
who knows which of these groups has the largest potential ?
sr. member
Activity: 322
Merit: 250
If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
Bitcoin would not be as popular as it is right now. People make use of Bitcoin because the value is changing and people that way can use it as a currency that allows them to make money.
legendary
Activity: 3472
Merit: 10611
I think People would never had love it then. Bitcoin is very popular as investment among many due to it's flexibility. It has very high potential and it's price is improving day by day.

Big company also use ETH so it keep affect bitcoin value even they had stable price.
Also bitcoin value still high so there will be more interest to hold bitcoin  before reach halving

ETH is still depending on bitcoins, if bitcoins have decrease its price, probably ETH will also down.
It has a domino effect to all alt coins and bitcoin is their mother coin.
Maybe as of now but if that altcoins have already established their names in the crypto industry then we can see them being independent and have a stable price too.

well, an altcoin needs to be good in the first place. this means not scam behind the scene, no premine, IPO, ICO, which all means it shouldn't be controlled by a few altcoin rich people who are holding the majority of the coin because they will pump and dump it as they please until they get bored.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
I think People would never had love it then. Bitcoin is very popular as investment among many due to it's flexibility. It has very high potential and it's price is improving day by day.

Big company also use ETH so it keep affect bitcoin value even they had stable price.
Also bitcoin value still high so there will be more interest to hold bitcoin  before reach halving

ETH is still depending on bitcoins, if bitcoins have decrease its price, probably ETH will also down.
It has a domino effect to all alt coins and bitcoin is their mother coin.
Maybe as of now but if that altcoins have already established their names in the crypto industry then we can see them being independent and have a stable price too.
sr. member
Activity: 406
Merit: 250
At my opinion if price will drop lower than 100$ bitcoin will not be popular, sure people will try to make but many of them just will quit. I think i will quit too.
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