If Bitcoin had a stable price, would it still be as popular? - page 17.

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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?

In my opinion whether the BTC pric is stable or not it will still be popular especially nowadays that BTC is trending all over the world. Although some people still think that this is scam.

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Quote from: Gheka on January 04, 2018, 09:41:34 AM

Quote from: SirLancelot on January 03, 2018, 05:31:10 AM

Quote from: osasshem on December 26, 2017, 03:51:51 PM

Quote from: ?? on ??

I think personally, if the bitcoin prices are stable, bitcoin will remain popular

Bitcoin will be popular, but will not be as popular as it is now. The popularity of bitcoin increased because of the high quantities of investors and the speculation of the price of bitcoin. These where the major reasons for the growth and popularity of bitcoin.

If bitcoin becomes stable at these prices like after this correction is over and bitcoin enters 2018 with a value of 20,000 dollars, it would still remain popular but the way people are frequently investing into it will significantly decrease. People are treating bitcoin as an investment because of its volatile nature and unstable prices provide them opportunity of trading. Bitcoin will lose its charm if the prices become stable.

If it stabilizes, it will no longer be called bitcoin, no longer a potential investment destination for investors, and when it's nothing special, people will not invest more money in it, they will even recover capital and profits to move to another place of investment, this can significantly reduce the price of Bitcoin and make it sink into oblivion. So stability is never a good thing for the development of Bitcoin, people like Bitcoin as now, they will not accept a stable price, they will find ways to cause fluctuations in bitcoin, that makes them more profitable and earns more money than ever

LOL, what? Most investors love stability. Stable growth that is. Traders like volatility and most of the non-professional traders don't have a clue what they are doing and get destroyed. If bitcoin was more stable you'd see a massive influx of institutional investment that would make a Buffett share look like a penny stock. Mark it. Stability is a good thing, as long as that's not because value has dropped so much no one is interested.

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Quote from: SirLancelot on January 03, 2018, 05:31:10 AM

Quote from: osasshem on December 26, 2017, 03:51:51 PM

Quote from: ?? on ??

I think personally, if the bitcoin prices are stable, bitcoin will remain popular

Bitcoin will be popular, but will not be as popular as it is now. The popularity of bitcoin increased because of the high quantities of investors and the speculation of the price of bitcoin. These where the major reasons for the growth and popularity of bitcoin.

If bitcoin becomes stable at these prices like after this correction is over and bitcoin enters 2018 with a value of 20,000 dollars, it would still remain popular but the way people are frequently investing into it will significantly decrease. People are treating bitcoin as an investment because of its volatile nature and unstable prices provide them opportunity of trading. Bitcoin will lose its charm if the prices become stable.

If it stabilizes, it will no longer be called bitcoin, no longer a potential investment destination for investors, and when it's nothing special, people will not invest more money in it, they will even recover capital and profits to move to another place of investment, this can significantly reduce the price of Bitcoin and make it sink into oblivion. So stability is never a good thing for the development of Bitcoin, people like Bitcoin as now, they will not accept a stable price, they will find ways to cause fluctuations in bitcoin, that makes them more profitable and earns more money than ever

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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?

It will be popular if the value of the bitcoin is high like 1k$-10k$ but
If the value of bitcoin is just 1$ it will not be popular because its just waste of time and it is stable price.

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It will become more popular, because larger organizations will consider to use Bitcoin to transfer payments and won't need to worry about daily price fluctuations.

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Yes, Bitcoin will be very popular and many stores will use Bitcoin as a means of payment because the price is very stable

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Quote from: Zooplus on January 04, 2018, 08:40:51 AM

Quote from: Gladz29 on January 04, 2018, 07:17:37 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?

For me if the bitcoin is stable everyone in this world will using bitcoin so bitcoin is very popular and never be vanished in all time. In next generation they also used bitcoin.

I don't think so, bitcoin is a decentralized currency that has a limited supply therefore the supply and demand factor will play.
It cannot be possible bitcoin will become stable because it's the most popular and people love to trade bitcoin so we can always witness the price swings.

I agree...at this price fluctuation people earn...if bitcoin becomes stable, it will lose one of its main advantages

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Quote from: Gladz29 on January 04, 2018, 07:17:37 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?

For me if the bitcoin is stable everyone in this world will using bitcoin so bitcoin is very popular and never be vanished in all time. In next generation they also used bitcoin.

I don't think so, bitcoin is a decentralized currency that has a limited supply therefore the supply and demand factor will play.
It cannot be possible bitcoin will become stable because it's the most popular and people love to trade bitcoin so we can always witness the price swings.

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When that times comes I think bitcoin is already considered as very popular. For sure it will not bring more investors, but in that time bitcoin will be considered as an icon just like gold.

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Quote from: Gladz29 on January 04, 2018, 07:17:37 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?

For me if the bitcoin is stable everyone in this world will using bitcoin so bitcoin is very popular and never be vanished in all time. In next generation they also used bitcoin.

Bitcoin will be used in the next generation if we will continue to support it, majority of the people still do not know about it and some sees bitcoin as a negative thing or a scam investment but we instead of getting disappointed we have to help them understand about bitcoin so they will also adopt and maybe take this great opportunity to invest.

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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?

For me if the bitcoin is stable everyone in this world will using bitcoin so bitcoin is very popular and never be vanished in all time. In next generation they also used bitcoin.

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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?

If bitcoin had a stable price mabye it will not be as popular as now. Because price matters, thats make bitcoin popular. having a not stable price attracts some people to invest in bitcoin.

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For some people, for sure, a stable price would be good. However, a lot of people invest because of high profits, although the exchange rate is very strong.

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Quote from: shaun98 on January 04, 2018, 04:01:50 AM

Definitely think more people would be attracted to Bitcoin, as it can then be easily used as a currency anywhere in the world, essentially creating a universal currency.

I strongly disagree, bitcoins early beginnings its price was just under a dollar, in just 8 years it price took a huge turn and almost past $20k, if bitcoin price was stable it wont be so popular right now and its price will just be under a dollar.

The money system that is working right now have been built for over a century, that why the fiats have value because of its long history.
Bitcoin wont be so popular as of today if it were to have a stable value and just like skrill, webmoney etc. It will just be another online payment system.

Polipog

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For me bitcoin is unsteable price but it's still popular even because the natural movement of bitcoin is rise and lower in terms of price. Popularity of bitcoin is on their quality of being friendly towards all users. Bitcoin is easy to access as long as you have been connected to internet wifi or data cellphones.

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Many new things and innovations that bitcoin brings, and the thing that makes everyone interested in bitcoin is easy to use for transactions and speed better than any payment system.

HV3S

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It would be more popular if the price would be high,lets say $20000 then many people would be interested to bitcoin, if the price would be lower $10000 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.

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Definitely think more people would be attracted to Bitcoin, as it can then be easily used as a currency anywhere in the world, essentially creating a universal currency.

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Quote from: SirLancelot on January 03, 2018, 05:31:10 AM

Quote from: osasshem on December 26, 2017, 03:51:51 PM

Quote from: ?? on ??

I think personally, if the bitcoin prices are stable, bitcoin will remain popular

Bitcoin will be popular, but will not be as popular as it is now. The popularity of bitcoin increased because of the high quantities of investors and the speculation of the price of bitcoin. These where the major reasons for the growth and popularity of bitcoin.

If bitcoin becomes stable at these prices like after this correction is over and bitcoin enters 2018 with a value of 20,000 dollars, it would still remain popular but the way people are frequently investing into it will significantly decrease. People are treating bitcoin as an investment because of its volatile nature and unstable prices provide them opportunity of trading. Bitcoin will lose its charm if the prices become stable.

I think people are having doubts today with bitcoin because of high fee's and slow transaction which become a contributor with the stable price today. But if the platform will be fast again, bitcoin will probably gain more trust again and It will again attract investor which aim higher profit from it.

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Quote from: osasshem on December 26, 2017, 03:51:51 PM

Quote from: ?? on ??

I think personally, if the bitcoin prices are stable, bitcoin will remain popular

Bitcoin will be popular, but will not be as popular as it is now. The popularity of bitcoin increased because of the high quantities of investors and the speculation of the price of bitcoin. These where the major reasons for the growth and popularity of bitcoin.

If bitcoin becomes stable at these prices like after this correction is over and bitcoin enters 2018 with a value of 20,000 dollars, it would still remain popular but the way people are frequently investing into it will significantly decrease. People are treating bitcoin as an investment because of its volatile nature and unstable prices provide them opportunity of trading. Bitcoin will lose its charm if the prices become stable.

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