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Topic: If Bitcoin had a stable price, would it still be as popular? - page 163. (Read 171736 times)

sr. member
Activity: 420
Merit: 250
Yes, if bitcoin had a stable price, it will make bitcoin more popular and can become the next gold because many people will invest on bitcoin too.
legendary
Activity: 1582
Merit: 1005
beware of your keys.
if it is at high price like $2000, sure because most of the demand is fulfilled in this condition.
however with the current price, not really popular, unless there are at least 30 million bitcoin which is not possible to achieve.
hero member
Activity: 756
Merit: 502
I already see the price of Bitcoin as stable. It's surely even more stable that the national currency of some countries.

I do not agree. Price is now corrected, and therefore we can say that it is stable. It is not known what will happen after Halving, but the price will obviously be different.

With regards to the topic ... I think Bitcoin is popular with traders because of the price spikes, and if it is stable, then Bitcoin is not as popular as before. However, among the common people, the currency will popuryney.

Bitcoin works by timespan, by periods. Therefor you can't say that you'll going to lose half of your investment from day 1 to day 2.
full member
Activity: 196
Merit: 100
I already see the price of Bitcoin as stable. It's surely even more stable that the national currency of some countries.

I do not agree. Price is now corrected, and therefore we can say that it is stable. It is not known what will happen after Halving, but the price will obviously be different.

With regards to the topic ... I think Bitcoin is popular with traders because of the price spikes, and if it is stable, then Bitcoin is not as popular as before. However, among the common people, the currency will popuryney.
hero member
Activity: 756
Merit: 502
I already see the price of Bitcoin as stable. It's surely even more stable that the national currency of some countries.
legendary
Activity: 1092
Merit: 1000
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For me, it bitcoins have a stable job it will become more popular as many merchants will adopt using bitcoins for their daily transactions online, and not only that we can see more online gambling sites that will be opening as soon as they can see stable price.
sr. member
Activity: 476
Merit: 250
Of course bitcoin will be popular, because bitcoin price, and as a matter of fact price of every existing currency is not 'stable'.
There is always fluctuation going on. Bitcoin is known because it was/is extremely volatile digital currency, it can be more stable - but it will never reach 'stability.
yeah agree with you. the interesting thing of bitcoin not only of fluctuations there are many advantages other bitcoin. so if the fluctuations disappear. it will not necessarily make bitcoin be dead.
hero member
Activity: 3024
Merit: 745
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No,people love bitcoin prices volality why people need to risk in virtual money if the profits nearly the same as trading on forex or gold in real world that more secured and trusted  Smiley

I think it will still be popular and will become more popular, since we already know how to use it and still many are adopting it today, but I think there is a possibility if that limit of bitcoin reach it. Since, it is decentralized only government can give it a stable price, I guess.
legendary
Activity: 1596
Merit: 1005
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Of course bitcoin will be popular, because bitcoin price, and as a matter of fact price of every existing currency is not 'stable'.
There is always fluctuation going on. Bitcoin is known because it was/is extremely volatile digital currency, it can be more stable - but it will never reach 'stability.
member
Activity: 210
Merit: 10
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I think bitcoin is still stable .
hero member
Activity: 659
Merit: 502
No,people love bitcoin prices volatility why people need to risk in virtual money if the profits nearly the same as trading on forex or gold in real world that more secured and trusted  Smiley
legendary
Activity: 2940
Merit: 1083
Good question. But I think no.

Gold, oil, silver and copper dont have a stable price hell! even dollar is not stable. But look where they are now. Still living proof of how you could be popular and go way up there as a good investment commodity or a currency.
legendary
Activity: 1372
Merit: 1008
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 if bitcoin had a more stable price it could become much more popular but an stable price doesn't have to be necessarily tiny price changes like 1-10 cents. an stable price can be achieved if the price don't move with sudden swings like $20-$50 in a day to a week.
yeah stable prices can not be interpreted as the price movement is only about 1-10 cents. possibly if the price of 1-10 cents but movements is happen very quickly. could possibly be interpreted as fluctuations?
but I think there are many users who really like to fluctuation? what about them?
full member
Activity: 161
Merit: 100
It will be popular if stable, im lretty sure about that.
For now so many people dont know about btc
Include my friend at school lmao, they didnt know anything about btc
I hope btc will be popular soon  Cheesy
hero member
Activity: 490
Merit: 500
No I think not the thing that makes Bitcoin unique is that the value can always change this is what it attracting people and use it as a investment. If the price was just stable then nobody would make use of it at all.
yeah you're right that makes bitcoin different from the others is the fluctuation. fluctuation currently not used as a problem.
but as an opportunity to profit in a short period of time.
if the price becomes stable as possible bitcoin will lose a lot of their users
sr. member
Activity: 434
Merit: 250
Bitcoin was for a long time stable and that is bad of course for the most people but the most are hoping that it will rise soon so they can earn profit with it and that is nice.
But the bad thing is that it will takes a long time until the value will be more worth and that is bad but it will be of course more popular.
If the Bitcoin price was just stable then I believe that I would not be as popular as it is right know. Bitcoin is poular because of the price changing so people can make money.
Without that feature people would just leave and go look somewhere else to make money.
full member
Activity: 196
Merit: 100
I think yes, it will become more popular in specific circles. I mean the bankers, traders and so on, those who have a direct impact on the currency.
But still it will remain something strange and incomprehensible to most people. If you keep in mind the global popularity, then this is not about price but the people in technical literacy.
hero member
Activity: 658
Merit: 500
I think it will be less popular for traders as the majority of the traders are in Bitcoin because the price shows wild fluctuations from time to time. And traders are important to keep the cash flowing in the market. We need to keep them entertained.
yeah of course trader will begin to leave bitcoin. take a look at the gold market they have stable prices and traders of gold may be very little may only investors who make long-term investment?
I can not imagine if bitcoin can only be used as a long term investment Lol

hero member
Activity: 588
Merit: 500
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?

Yes, now in this time bitcoin is a most popular online currency, if bitcoin will be stable price, than i believe a lot of people will be like it and use it, litter bit situation will be change but i don't think it will be matter. in that time, bitcoin will be the best for me.
legendary
Activity: 1148
Merit: 1000
I don't think Bitcoin would be nearly as popular if it had a stable value, the majority of Bitcoiners are speculators whether it's long term or short term. There aren't a lot of compelling reasons to use it to buy stuff at this point, other than anonymity and even then it might not be worth the hassle for most. If you're new to Bitcoin, why would you want to change dollars into Bitcoin to buy stuff when you can buy stuff directly with dollars? It's mostly the lure of easy money that entices new people to invest in Bitcoin.
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