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Topic: If Bitcoin had a stable price, would it still be as popular? - page 29. (Read 171763 times)

full member
Activity: 339
Merit: 120
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?
Possibly yes especially for those who are really in need of a source for their income that are making a hard time to find a stable job to provide income to sustain their daily life needs. It will also be dependable if the price will be on high price when it got stable because if so, people will still get in touch getting engage into bitcoin making it popular.
sr. member
Activity: 639
Merit: 251
Worst feature for Bitcoin, because people are getting rich due to the volatility of Bitcoin, now it's stable then no more profit for you.
And for me noone will talk about it and popularization of bitcoin will be as low as in 2010/2011 so it will be just "currency" for some.
full member
Activity: 323
Merit: 100
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?

Of course. It will make bitcoin even more popular and become the place for everyone to invest. If bitcoin has a stable price then the risk is less to invest in bitcoin. Currently bitcoin is quite popular even though the price is not stable.
hero member
Activity: 2100
Merit: 546
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If Bitcoin price remains stable, then I think it might be popular in the future. Because the prices are seen in stock markets in situation of rise and fall.Then many people lost their believe and they stopped investing.In that situation, if the Bitcoin price is stable then it will be better for investors.But in many cases people want to benefit. Popularity in this situation can be reduce.
The most important actor which is contributing the most in making bitcoin this much popular amongst the people living all over the world is none other than such a drastic increase in the market value of bitcoin. People are investing in because of its volatile nature as it is actually helping them in having huge profit. In case, bitcoin stuck at some value and have stable price, this will greatly affect the demand as well as popularity of bitcoin.
copper member
Activity: 4
Merit: 0
Bitcoin has such a price because it?s so popular... not the other way around..
I first heard of Bitcoin when it was at $40, so in that sense it was popular still at that time
hero member
Activity: 1078
Merit: 501
If the bitcoin had stable price, I think bitcoin could not popular today and boring. I love bitcoin because the value is like a roller coaster ride. Many people think bitcoin as digital currency and today's the value is higher than i think before. So bitcoin made a history of this month, we hope that next month will pump more.
First of all it's not possible that bitcoin price can stay on one place because bitcoin is related with market trade so some time its price will be high and sometime low so no need to worry about anything because its normal and it can happen any time because bitcoin never stay on one place it change its price fast from low to high very fast and there is no doubt that bitcoin always want to be on the top of all currencies that why every country is trying to accept bitcoin.
jr. member
Activity: 58
Merit: 10

I think yes and I also expect it to have a stable price or its price fluctuations are no or little and hence it can do more as a substitute for gold and dola becomes The main payment method in the world and using bitcoin will not cost you any money to convert but will only cost you when transacting from one wallet to another.
newbie
Activity: 10
Merit: 0
Worst feature for Bitcoin, because people are getting rich due to the volatility of Bitcoin, now it's stable then no more profit for you.
member
Activity: 132
Merit: 10
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?
the development of bitcoin at this time is very good, bitcoin shows a very significant development and the price is very good and stable, I think with the current price stability bitcoin will remain popular among users and investors bitcoin because bitcoin itself has become a reference for the other digital currency developers to create and develop various types of digital currency.
hero member
Activity: 2856
Merit: 667
It won't cause it made his popularity when it offered possibilities to earn for people if it won't made this pumps and downs it won't be as much supproters as it is now.
Bitcoin is not stable by nature, the price could pump and dump and we have to live with that reality.
If you are a trader, you understand that very well because you love the price movement as you can get in and get out if you know the right timing.
full member
Activity: 266
Merit: 111
 Well, it is hard to say for sure, but we all know that bitcoin is getting popular day by day. Of course this is happening because of its high growth recently, all the news is talking about it.  General public will be diving into bitcoins  more and more. That means they will buy bitcoin and the marketcap will continue to grow which directly affects bitcoin's price. Those high fluctuations attracts many traders who use bitcoin because of these fluctuations and earn money on them
member
Activity: 686
Merit: 26
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I think no, because Bitcoin is popular because it can make people rich in less time as compared to other things like gold and stock market. If its price will be stable users will not be attracted.

Its volatility in the prices has made the more news in recent years. This has actually help the people who stayed invested from long time to earn a fortune. Since nobody else can provide such returns in financial market people have got attracted to bitcoin and everybody wants to have a pie of it. If it would have being stable people would not have taken that keen interest as now.
sr. member
Activity: 1316
Merit: 257
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.
whether or not stable bitcoin has no effect on reducing bitcoin and bitcoin users will remain popular, as I believe that bitcoin stability will determine which numbers will remain valuable or remain high. because working and joining in bitcoin is simple and besides we will get a lot of experience and good knowledge from bitcoin .. and for me bitcoin besides profitable and very fun so for me it's no problem and will keep pupeler though stable.  Wink
sr. member
Activity: 686
Merit: 253
I think no, because Bitcoin is popular because it can make people rich in less time as compared to other things like gold and stock market. If its price will be stable users will not be attracted.

It wouldn't have been popular at all, look at  a lot of shitcoins with almost negligible value which are stable and noncompetitive on the market, who knows or cares about those shitcoins? They are as good as dead.
member
Activity: 144
Merit: 12
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I think no, because Bitcoin is popular because it can make people rich in less time as compared to other things like gold and stock market. If its price will be stable users will not be attracted.
full member
Activity: 322
Merit: 100
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 thinknyes they will still be popular but mot as popular as today because they are just making noise in the mainstream because of the unexpectable and unbelievable value of bitcoins in the market. But if their proce is stable just like our real currency maybe only businessmen are going to use it because it is decentralized and no third parties so businessmen are the one who will benifits in that. They will be recognized because of high innovation of currency but normal people will not going to be interested in them because no benefits for them at all.
member
Activity: 98
Merit: 10
Bitcoin will going to more popular than ever, and I'm thinking if bitcoin had stable price, maybe that is not a good thing about bitcoin. People tend to come to bitcoin, because they know that there's a fluctuation of price and that's really one of the nice thing about it.
sr. member
Activity: 639
Merit: 251
It won't cause it made his popularity when it offered possibilities to earn for people if it won't made this pumps and downs it won't be as much supproters as it is now.
sr. member
Activity: 1232
Merit: 266
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For me yes only if bitcoin was a currency that could be use everywhere cause that only would make it popular, cause nowadays trading and still growing price make people to interest about crypto.
sr. member
Activity: 574
Merit: 256
No doubt the main reason for Bitcoin's popularity is it's volatile nature due to which price is sometimes very high and sometimes it is low. But I think if bitcoin had a stable price then also it would have been popular. Bitcoin's price is responsible for it's popularity but there are also many other features such as it provides cheap and fast anonymous transactions within and outside the country,it provides a way of income ,it is decentralized,it provides security etc that make it more popular than other currencies.We can say it would have been little less popular than it is now but definitely popular than other crypto currencies .
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