Topic: If Bitcoin had a stable price, would it still be as popular? - page 166. (Read 171736 times)
Merchants love stable prices so they don't all of a sudden lose half of their money by not converting it right away but some traders will also lose interest due to less profits day traders will be having so I guess there'll be some pros and cons as well.
When bitcoin price stabilizes it will be more popular.
Yes. But which exchange rate should we take as the benchmark. There are multiple number of them. Examples are BTC vs Gold, BTC vs LTC, BTC vs Silver, BTC vs Brent Crude, BTC vs USD, BTC vs UKP, BTC vs CNY, BTC vs EUR, and BTC vs JPY. I want BTC to stabilize against gold. Fiat is not protected against inflation, and therefore exchange rate against them doesn't matter much.
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.
may be a lot of people out of bitcoin. you see a lot of users bitcoin is a trader? if bitcoin become stable course they will seek a more volatile coins? 
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 so. Bitcoin hits the news when its price explodes, and its price explodes when it hits the news. This has happened several times in the past.Compare it to the stock market: would stocks be popular if the price would be stable? At least stocks can pay dividend to get some return, bitcoin can only give a positive return if the value goes up.
That being said, the people "holding" bitcoin waiting for an increase do so to get more dollars. It will be a long time before bitcoin itself is enough to use everywhere without converting to fiat first.
Bitcoin is by design aiming for deflation. The supply of new bitcoins slowly dries up (most bitcoins are mined already!), while fiat money is continuously created aiming for inflation. That means - as long as it is popular - bitcoin will always go up in value if you measure it in dollars/euros. It may be more stable against gold at some point in the far future.
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.
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.
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.
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.
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.
I believe that stability comes hand in hand with the amount of trust people would put into a currency. The more it is trusted, the more people will use it. Because in the minds of ordinary consumers, stability is what matters most.
Yes this is true. But if bitcoin is a trusted asset, there will be a stable in flow of users.
Limited supply + 4-yearly reward halving + continuous increase in user = stable increase in the value of each bitcoin
The hard thing is that you make some risks if you are going to sell or buy it because you dont know what will happen after that.
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
yeah, i think it would be still used and be popular.
the only difference would be in the usage of bitcoin. right now a big part of the popularity is because of the volatility and people use bitcoin as an investment but when the price is more stable bitcoin will be used more as a currency.
When bitcoin price stabilizes it will be more popular.
If the price were more stable in the begining insted of big ups ans dows we would see bitcoin mass adopted,and would be an option to invest as gold and providing the same service as paypal for lower value. 
When bitcoin price stabilizes it will be more popular.
400$ it's really good price for currency like bitcoin, i think it will be still popular with stable price, but this popularity will start deacrising without growing of bitcoin.
Definitely, it will be still popular if its price is something like that $400 and there is still a possibility to rise up after the halving.
I'm expecting that bitcoin will be stable at the price of $500 before this year ends.
That's depend in the price of Bitcoin, if it had a low stable price, i don't think that it will still as popular, but having a high stable price could encourage more people to use it and make deals and trades with it
400$ it's really good price for currency like bitcoin, i think it will be still popular with stable price, but this popularity will start deacrising without growing of bitcoin.
If it were stable more people would buy it and use it because then they wouldn't see it as a gamble to bank on it any longer.
I know I would buy more if I knew it would keep it's same value next day. But that is not the case.
I know I would buy more if I knew it would keep it's same value next day. But that is not the case.
And as long as the price has a high stability. Because some of us right now are finding the right timing to convert there btc at the exact time the btc gets high. And it is popular right as it was revealed on tv.
Which show did they reveal it on television recently?
Yes it would be still be as popular as it is now because it is now the online currency that most people using. Think of it that today bitcoin doesn't
have stable price how much more if bitcoin will have stable price, so more people will go into bitcoin when it that happens.
have stable price how much more if bitcoin will have stable price, so more people will go into bitcoin when it that happens.
If it were stable more people would buy it and use it because then they wouldn't see it as a gamble to bank on it any longer.
I know I would buy more if I knew it would keep it's same value next day. But that is not the case.
I know I would buy more if I knew it would keep it's same value next day. But that is not the case.
And as long as the price has a high stability. Because some of us right now are finding the right timing to convert there btc at the exact time the btc gets high. And it is popular right as it was revealed on tv.
If it were stable more people would buy it and use it because then they wouldn't see it as a gamble to bank on it any longer.
I know I would buy more if I knew it would keep it's same value next day. But that is not the case.
I know I would buy more if I knew it would keep it's same value next day. But that is not the case.
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