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Topic: If Bitcoin had a stable price, would it still be as popular? - page 25. (Read 171736 times)

full member
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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 won't be as popular as it is at this moment. Its volatility is also where investors of Bitcoin earn huge profit. And if it will have a stable market value, it will not be a more special currency than typical digital currencies and regular currency. Its volatility is what makes it not only as a currency but also a good investment where an investor would earn huge profit. I am not sure about it but this is just my opinion.
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Eventhough bitcoin has a stable price, it will not gained so much popularity. Bitcoin is not used in all transaction like buying your stuff or products in the malls or any industries. Aside from that you need to put an extra effort like joining campaign, airdrops, trade and invest before you can earn bitcoin.
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I don't think so...if BTC price is stable then it would not have been gained so much of popularity.
BTC now a days is very famous as a investment instrument to earn profit rather than a alternative currency (or transaction instrument) Reason behind gaining BTC popularity all around the world is its constant growth with high ROI over a period of time.

Right. If bitcoin became stagnant a year ago, other alts may have overtaken it by now and it wouldn't enjoy the level of popularity it's enjoying today. That's what makes investors interested.
sr. member
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I don't think so...if BTC price is stable then it would not have been gained so much of popularity.
BTC now a days is very famous as a investment instrument to earn profit rather than a alternative currency (or transaction instrument) Reason behind gaining BTC popularity all around the world is its constant growth with high ROI over a period of time.
hero member
Activity: 3038
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If Bitcoin had a steady price, it would not be so popular. Because people make money by investing in general purpose. Forex was already available, forex's status is now responding to this question.

What makes bitcoin different is because we have the volatile market, it will attract big traders and they will play with the price movement because
they have a chance to make more profit, the limited supply cannot be change and that is also the factor why the price is not stable, the demand will increase especially that bitcoin is popular now but bad news and FUD might bring it temporarily dump, which what we called as dump.
hero member
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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 really don't think so. What people like about bitcoin best is the fact that they are able to utilize it's volatility as an investment, whereby they are able to earn a lot of money. So, when bitcoin's price becomes stable then people will tend to look for a different coin that is also as volatile as bitcoin right now.
Have you ever thought about where does that money comes from and why is bitcoin valuable coin? Think the same about gold too. We, people determine bitcoin's price and this depends on how valuable does this coin is for us because there is nothing behind bitcoin + it's virtual thing. Gold is nothing too, people just made it valuable thing because it was hard to mine and it was even hardly findable in future. Talk about this will make it very, very long post, so I hope you understand my idea, bitcoin isn't like invest and sit, we have to be active in using it.
But accept the fact that there are still people who do hoard lots of bitcoin which it doesnt tend to make use of it which would add up on the circulation for more progress and development into bitcoin. Popularity came from its feature which is a decentralized stuff and popularity because of its money making opportunities this is the reason why and talking about price stability if this thing would happen then expect popularity would really be lessen up because traders or investors will really jump out into another volatile thing because if the price is stable then making money out of it is really very hard or not already available.
hero member
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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 really don't think so. What people like about bitcoin best is the fact that they are able to utilize it's volatility as an investment, whereby they are able to earn a lot of money. So, when bitcoin's price becomes stable then people will tend to look for a different coin that is also as volatile as bitcoin right now.
Have you ever thought about where does that money comes from and why is bitcoin valuable coin? Think the same about gold too. We, people determine bitcoin's price and this depends on how valuable does this coin is for us because there is nothing behind bitcoin + it's virtual thing. Gold is nothing too, people just made it valuable thing because it was hard to mine and it was even hardly findable in future. Talk about this will make it very, very long post, so I hope you understand my idea, bitcoin isn't like invest and sit, we have to be active in using it.
sr. member
Activity: 532
Merit: 284
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?
No, its not volatile anymore if that ever happens, its more like a centralized currency now. If that's how small it value would progress in years or even in months then probably they will invest in other coins instead since they are all decentralized and volatile. So that range would affect its reputation and would likely to dump the price than making its way up.

That's mainly the reason why the wanted to invest in Bitcoin, because of its crazy roller coaster ride to its value.
sr. member
Activity: 742
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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 really don't think so. What people like about bitcoin best is the fact that they are able to utilize it's volatility as an investment, whereby they are able to earn a lot of money. So, when bitcoin's price becomes stable then people will tend to look for a different coin that is also as volatile as bitcoin right now.
Well it is into possible to invent any other coin like bitcoin because the power and the price of bitcoin are unbeatable. If bitcoin will stop changing price and will not be volatile any more then I think people will sell bitcoin or maybe they will use bitcoin for payment and shopping only. But right now bitcoin is changing price and increasing it day by day so I don’t think bitcoin will stop growing at any cost.
hero member
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bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...

We know that Higher the risk, higher is the return. Bitcoin’s price is not stable and it fluctuates within minutes so more people tend to invest in it to score more profit. But if it had a stable price, it was not meant to be that popular as it is now. Stable prices suggest that you’ll get the fixed amount of profit which is not interesting... 😊
It is an accurate estimate, precisely the instability that has brought popularity to bitcoin. When bitcoins increase or decrease by several thousand dollars, many articles analyze the cause and lead to the attention of many people.
sr. member
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If Bitcoin had a steady price, it would not be so popular. Because people make money by investing in general purpose. Forex was already available, forex's status is now responding to this question.
jr. member
Activity: 46
Merit: 2
bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...

We know that Higher the risk, higher is the return. Bitcoin’s price is not stable and it fluctuates within minutes so more people tend to invest in it to score more profit. But if it had a stable price, it was not meant to be that popular as it is now. Stable prices suggest that you’ll get the fixed amount of profit which is not interesting... 😊
full member
Activity: 198
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I think it will not be popular cause it have been advertised to our country that bitcoin reaches into $17000.
full member
Activity: 742
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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 really don't think so. What people like about bitcoin best is the fact that they are able to utilize it's volatility as an investment, whereby they are able to earn a lot of money. So, when bitcoin's price becomes stable then people will tend to look for a different coin that is also as volatile as bitcoin right now.
member
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I think no because their is no excitement in the price and as a trader it is not good to see but all price will go stable for a good in some trader also so it depends upon traders trading type
full member
Activity: 350
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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 bitcoins will still be popularize but not as bigbas this because even uf you are non investor but you have the money to buy bitcoins you are buying it because you know that the value of that will rises. And besides the people are just attracted to bitcoins just before of that the bitcoins became a popular investment even if they do not know that this was not make for an investment it is for business money for me a business monetary unit because all those fund that is being transacted was fee less.
sr. member
Activity: 504
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If price was stable bitcoin could truly be used as a currency personally I would not want to buy something with bitcoin for the next week what I spent in bitcoin to be valued twice as much.
hero member
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yes of course btc is still be popular,especially to those people like me i know that the price of btc will become higher. we have to wait for it. if you are working with btc you have to wait for the good price then thats the time we can sell it.

If you are working solely in signature campaign, I doubt it that you will like low price when it happen, probably everyone will be spamming this place for them to earn atleast a dust just like a year before, when the price of bitcoin is lower than $500.

I would agree that it will be popular even if it has a lower value, just take a look at the altcoins, they don't have a high price but people keep on trading them, for profit.
member
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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 of course btc is still be popular,especially to those people like me i know that the price of btc will become higher. we have to wait for it. if you are working with btc you have to wait for the good price then thats the time we can sell it.
newbie
Activity: 12
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Yes i think because more and more people will know it And more people will enter easier.
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