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.
Topic: If Bitcoin had a stable price, would it still be as popular? - page 165. (Read 171736 times)
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?
ever think about that before,but until now i dont see that bitcoin price gonna stable,i think bitcoinstill popular even the price going stable,because some people need bitcoin for currency,they never care about bitcoin price.Yeah I believe that too, just think that bitcoin doesn't have stable price today but it is now popular, how much more if bitcoins price became stable.
It will really popular if that happens.
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?
ever think about that before,but until now i dont see that bitcoin price gonna stable,i think bitcoinstill popular even the price going stable,because some people need bitcoin for currency,they never care about bitcoin price. Nope. Bitcoin is only popular because of its volatility. If it was similar to other currencies, how would it be different then? People trade in it and hence they can earn and spend it else crypto currencies that are government owned are preferred. Just like google play store cards, payback points are all similar to bitcoins. Also, BTC not being irreversible is an added advantage.
Bitcoin achieved the attention of the people when it hitted the 1100 dollars soo all people wanna to have a miner at home and go work and return with some bitcoin mined.If bitcoin were just worthing around 300 or 500 dollars and never hit those ammounts i believe the mining would keep being with the solo miners and low farmers,bitcoin has become the new run of gold because its potencial to grow .
I personally think that a greater stability is required as an indispensable requisite to make bitcoin a more acceptable currency for a larger number of stores and economic agents. Of course, there would be less interest of speculators, but in the long term it would be beneficial.
Nope. Bitcoin is only popular because of its volatility. If it was similar to other currencies, how would it be different then? People trade in it and hence they can earn and spend it else crypto currencies that are government owned are preferred. Just like google play store cards, payback points are all similar to bitcoins. Also, BTC not being irreversible is an added advantage.
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.
Well that is what fiat is right now. I guess it wouldn't be as popular as most people invest in Bitcoin just to make money. That's my opinion.
Yes, people are investing in bitcoin to increase their money, but such a situation is not only in bitcoin, there are some people whom I know also invested their money into dollars, so bitcoin resembles dollar and other currencies also. yes i think if bitcoin have a stable price will be better, at least bitcoin stable at $1000. chances are many people who invest in bitcoin, so that bitcoin is becoming increasingly popular.
The block reward halving is only a few weeks away (63 days?), so let's hope that it will get Bitcoin to the $1,000 mark for the first time. I am saying "first time" because the last time when Bitcoin went over the $1,000 mark, the Mt Gox exchange guys had rigged the order books. In reality, Bitcoin never went over the $1,000 mark.
Big company won't accept bitcoin nowaday because of its fluctuation will give risk
Yeah, I also think the same a number of big companies do not join bitcoin because they have the fear of its price volatility, and if that fear of those companies removed with the price stability then bitcoin will get its popularity. This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.
Although I do agree with you, take into consideration the traders. They want volatility and may probably lose interest in BTC and look for futher Altcoins. So i think it depends on who you are. 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 think that a more stable price will only attract more people to using BTC. I mean perhaps the main reason that is stopping more people using BTC is volatility. 
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 am sure that bitcoin traders and buyers/sellers wouldn't be interested in it anymore as stable bitcoin means no profit for them, they would start to use litecoins, etherium and others
but normal people would like it more as now they are afraid that price will fall and they will lose their money, if price would be stable, there would be much more bitcoins users
Well yeah traders woulndt see it profitable for them because they cannot do exchange with it and get profit because price are steady but its ok for us because it has lessen chance to lose money for price drop and it would be gain trust for those people who are afraid to stake becAuse.of price drop
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 am sure that bitcoin traders and buyers/sellers wouldn't be interested in it anymore as stable bitcoin means no profit for them, they would start to use litecoins, etherium and others
but normal people would like it more as now they are afraid that price will fall and they will lose their money, if price would be stable, there would be much more bitcoins users
Yeah it will, they will see it as more secure.
yes i think if bitcoin have a stable price will be better, at least bitcoin stable at $1000. chances are many people who invest in bitcoin, so that bitcoin is becoming increasingly popular.
No!!!
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.
You have to know the traders are not much here with bitcoin then other business owners and online earners and if they see the price as stable then they will love that currency and will keep their money as bitcoin for longer time.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.
but if the price drop too low i think people will abandon bitcoin and find another coin
Some of the newer users might abandon Bitcoin in favor of some shitcoin, but the ideologically motivated users, who make up for the majority of the earlier users are not going to abandon it. I have seen Bitcoin dropping from $1,250 per coin to $230 per coin. Still, I held on to the majority of my coins. And what makes you think that these shitcoins will give you profit?
Nope. Interest would die off. Most are here for the prospect of price movement. I doubt usage would increase as the cost and inconvenience of obtaining them is always going to be with us.
Exactly, the reason why people are investing in Bitcoin is due to the returns. The use of Bitcoin for malicious reasons is not a huge percentage of the total population.
Most of the rich Bitcoin people are just waiting for it to explode.
Some have interest to bitcoin is also because of its use, we use btc to buy investments here in the community so btc will always be the first choice even when there are new altcoins today that see to be promising. people will always have interest to btc for merchants accepts it... for gamblers, btc will be great to have.
Yes, the user will be prefer if bitcoin has a stable price, so it can become a good long investment tool, but if the price drop too low i think people will abandon bitcoin and find another coin
Jump to: