If Bitcoin had a stable price, would it still be as popular? - page 23.

drunkbillmurray

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Quote from: PinkLlama on May 03, 2016, 05:37:56 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?

Not bitcoin, for that pourpouse we have other less valuable coins such as Doge, if bitcoin falls below 1$ that's the end of the coin for sure.

Wong Gendheng

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If the bitcoin price is stable then it will not be popular because there is no dev. who are interested to develop blockchain technology and of course bitcoin will be associated with banks so it looks the same as the previous payment system is paypal.

androidr

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If bitcoin will have a stable price, Investors and traders they leave this domain of cryptocurrencies. Of course bitcoin will lose the popularity. and i think it will die as soon as the price will be stable. But i don't think it will happen.

TeLlMeFrY

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I would depend on the reason of this stability. If it was because it has become in a great currency with a really high valuation, it would still be popular. However, if it resulted to be a bubble and his valuation decreased, it wont be popular and the people will look for other currencies.

enwi

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Quote from: PinkLlama on May 03, 2016, 05:37:56 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 has a stable price it may not be as popular as it is today, people may turn to other, more profitable coins

Ninmag

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If bitcoin has a high price value may still be very popular even though the price has changed stable and can no longer rise. But if bitcoin values decrease, maybe people who work on bitcoin (the digital world) will shift to real jobs.

Gheka

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Quote from: Jombrangs on December 20, 2017, 01:51:47 PM

I think if Bitcoin had a stable price, it will not be popular or there is might be changes.
The people or the public loved about bitcoins is its value fluctuates in the market; wherein they glad to see ups and downs in price because they can practice here all there crictical jusgement and they are the one on how manipulate their investments.

It will not become popular and people will gradually eliminate it, that's what I think it will happen with bitcoin if bitcoin is stable because exactly as you say, people like Bitcoin in unstable value, the price of bitcoin always fluctuates, sometimes it is very high, sometimes it is very strong, that helps us to make a lot of money, that amount of money can help us become rich. However, if it is stable, we will not have too many opportunities to make money, even the money we earn is not too big, so instead of continuing to invest in it, I believe many people will choose to abandon it and seek another investment

Bondho Kompeni

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Certainly will not be popular and marketcap will not reach more than $ 1 billion, stable prices make it not going to make anybody interested in bitcoin invest, and only buy if it feels the need for transactions.

goldcoinminer

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Quote from: Serious475 on December 21, 2017, 07:28:34 AM

For me it will be not popular, many people invest in bitcoin and that is the reason why bitcoin is becoming popular. Bitcoin is becoming popular because of its unstable price, if the price will be stable then they cannot earn profit. Therefore, no Bitcoin price increase/decrease is equals to no popularity.

Bitcoin cannot be stable because anytime there is a chance that it would pump and dump, whales are holding a great percentage of the total
supply and they love to make active money by trading so they will choose to move the price using their power.
We will grow but will never be stable, we have to accept that reality.

BagzMM

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Quote from: PinkLlama on May 03, 2016, 05:37:56 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?

I think No. Losing its popularity will lose it's purpose and people will not invest on it.
But I don't think so BTC will fall to that value.

Serious475

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For me it will be not popular, many people invest in bitcoin and that is the reason why bitcoin is becoming popular. Bitcoin is becoming popular because of its unstable price, if the price will be stable then they cannot earn profit. Therefore, no Bitcoin price increase/decrease is equals to no popularity.

Gladiator25

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In my own opinion, if bitcoin has a stable price it will not be as popular as it is today. Because if the price of bitcoin will be stable the buyers will not invest in it which results less currency value. But if the bitcoin is not stable the price will play up and down which makes it much popular.

VayneAurelius

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Well there are possibility that people want the Bitcoin to be not stable because in that way they can trade, invest, save and earn money. With the price being stable, they cannot do such things like those. So technically, there are many users nowadays since the price of Bitcoin is not stable, going up dramatically then goes down in a period of time and then goes up again. By these happenings, Bitcoin is getting popular because people want to have the profit.

Vikingr

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Quote from: Prince786 on December 20, 2017, 02:45:40 AM

Bitcoin is just a normal currency like fiat is. Just in another form since transactions done in blockchain is far way better than the usual money transactions.people start looking for profitable investment in a short time. if bitcoin be like gold I doubt bitcoin will have a lot of users.But several people get inside bitcoin because its huge volatility.

I will slightly disagree with your opinion, as I think the demand of bitcoin will rise high if the price gets the stability. Bitcoin is not just an investment for the newbies, it is an advanced form of online currency which is decentralized in its nature. If the stability is guaranteed, then everyone will shift them to bitcoin to avoid double and triple taxation from the governments and also to make the payments in more easy and secure way.

ButtCrack

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Quote from: Prince786 on December 20, 2017, 02:45:40 AM

Bitcoin is just a normal currency like fiat is. Just in another form since transactions done in blockchain is far way better than the usual money transactions.people start looking for profitable investment in a short time. if bitcoin be like gold I doubt bitcoin will have a lot of users.But several people get inside bitcoin because its huge volatility.

Bitcoin has passed Gold in the value, the result is the Bitcoin price increased more high price within short time. Just in this year, Bitcoin has increased x20 in the value (from lowest price to highest price). I think it is enough to overpass Gold.

Jombrangs

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I think if Bitcoin had a stable price, it will not be popular or there is might be changes.
The people or the public loved about bitcoins is its value fluctuates in the market; wherein they glad to see ups and downs in price because they can practice here all there crictical jusgement and they are the one on how manipulate their investments.

trickee

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Quote from: PinkLlama on May 03, 2016, 05:37:56 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?

i think it is still be a popular even the price is stable but it is only popular who people know it and users.because many people did not know about bitcoin and other people they do not care about it because they thought bitcoin is scammed.for me,before they judge why noy try them to join here in bitcointalk and invest to find out what bitcoin is.about the price of bitcoin it may not happen that the price stable.if the price of bitcoin is stable i am sure they get lazy to invest.

Prince786

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Bitcoin is just a normal currency like fiat is. Just in another form since transactions done in blockchain is far way better than the usual money transactions.people start looking for profitable investment in a short time. if bitcoin be like gold I doubt bitcoin will have a lot of users.But several people get inside bitcoin because its huge volatility.

Marianmariana

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my worst decision ended up being to sell all of the bitcoins a year back

kkukkugaga

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Hello World!

The fact is that the currency is not stable and so does the bitcoin. The price depends on the currency but we all know that btc always increases its value, if it happens to go down, we can wait for the right time and price of it.

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