If Bitcoin had a stable price, would it still be as popular? - page 34.

Ailmand

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Quote from: eternalgloom on May 03, 2016, 06:20:50 AM

I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.

I agree; however, we should also consider that it's not just with the stability aspect but the price point it commands. If it is stable and doesn't change value in a volatile manner but is only commanding a low price value, then it wouldn't matter because people would be urged to deal with something that they would not get a substantial profit.

upsidedown75

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Quote from: robotrobert on October 31, 2017, 03:35:04 AM

Quote from: yuriyn on October 21, 2017, 06:52:51 AM

it really is unattainable to have a secure price, not even euro or greenback have steady price, there is often swing right here and ther,e that is regular, probably bitcoin ought to not be influenced so significantly by negative news this ought to be true

Yes they can’t really be that stable, all currencies and even stocks are always volatile and can’t obtain a stable rate. The price of Gold is always unstable, and same thing applies to Bitcoin (it is more volatile than every other)

The volatility is what has really made it what it is today. The fact that the demand can cause a huge upsurge in price and the fact that they can make a lot of profit from it is what has made it these popular. Every other factor or benefit comes after that. Just like you have said, even every other asset is volatile and every currency which is totally based on their demand, the fact that BTC cannot be controlled is what makes it totally different.

MotulDiesel

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as to me, i do not want it become pupolar in general, its also mean that everybody know about it. The most important is the price of bitcoin, if it is stable, it will not attract people include me. In future, it ok because i want to use bitcoin as local money but now i still want earn money from bitcoin,

Redanim

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I think yes. Bitcoin by my opinion can possible to tell that its first cryptocurrency which the world recognized. Even if bitcoin course falls all people still not turn away from bitcoin. But of course it depends on that would be price bitcoin big, if there would be stable very small price, then it would not be so popular in this I'm sure.

Darknight31

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Quote from: virtualkeybuyer on May 03, 2016, 11:55:43 AM

yes, if bitcoin become a stable currency then it will get popularity all over the world, as with that more of the business will believe on it and they will not feel fear for its price drop, and so if it get establish on online market people will also start to adopt it.

If bitcoin's price becomes stable it can be a positive effect and also it can be a negative effect. Positive because some investors will be stable with their feelings upon the stability of the price, that it will not be more risky because of it. And can also be negative because most people will lose itnterets from it and will think that their money will not grow.

andrei56

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Quote from: nitrousteam on November 10, 2017, 02:10:27 PM

Stability is what people are looking for. People like to experiment and with the experimentations come big expectations when investing in BTC. People invest hoping that they will get rich someday, maybe even overnight but in the end, when they see small drops from a current state of value, people would be satisfied with the stable price that would give them some kind of security for their investment.

I disagree. Most people are on bitcoin because of the huge price fluctuations and every time the price of bitcoin goes down threads about the future of bitcoin begin to emerge, even if the drop in price was nothing but a minor correction, just look at the last week there were threads about bitcoin cash replacing bitcoin and it was ridiculous.

EvaGC

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I think it would go totally mainstream!

(In my humble opinion as a non-expert)

noel2123

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Quote from: sandwichman1 on November 17, 2017, 06:57:02 AM

if the bitcoin was as stable as the DJ30 maybe it would be more popular, but on the other hand it is its instability that attracts us!

I agree because of it's volatile nature bitcoin has attracted many investors to invest on it ! I doubt if bitcoin will be populat if it stays as 1 dollar each ? the fact that bitcoin price is not stable is also the fact that keep it strong as a currency !

sandwichman1

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if the bitcoin was as stable as the DJ30 maybe it would be more popular, but on the other hand it is its instability that attracts us!

explosion

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For me instability is the reason I don't believe in Bitcoin, it seems rather unreliable to me. Of course, it's great when the price goes up. But what if it drops?

jessicawelsh

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I think stable price is the worst thing that happen to Bitcoin. We all know how happy if the price of bitcoin is raising and how sad and dissapointed we are when the price of bitcoin is decreasing. So why would we change that volitality of Bitcoin?

Harper6

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Quote from: YinShuiSiYuan on November 15, 2017, 01:13:45 PM

Yes cause it is the famous crypto and bitcoin is not only a reason why it is going so popular cause it is future and whole coins make it.

First thing is that it’s not possible that bitcoin price stay stable on one place because it’s a currency and its related with market trade if the trade is good so the price will be high and if the trade is slow so the price will also be slow so day by day users are going to increased here and the demand of bitcoin is going high so the price will also go high when demand go high.

futuret

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Quote from: ariewashere1 on November 16, 2017, 08:31:42 AM

When the price had been stable, I'd expect that it would be more recognized by individuals like a stable store of value. However, It may not be used as a lasting investment because there would be small possibility of acquire.

The price of the bitcoin is not going to be stable because the bitcoin is very high and the price of the bitcoin will help all the people to earn the bitcoin will give you the profit, it is the time to save the future and to earn a lot of the money in the bitcoin, I am using the bitcoin and I hope the unstable price and the value of the bitcoin is not very good at all if he price will keep on changing we will earn more.

Owl129

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Bitcoin is now popular ever if its price as of now is not stable so i think yes it is possible that bitcoin will still be popular if its price is stable because people are looking for good investment and bitcoin is one of it.

Fatunad

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Quote from: ricardobs on November 16, 2017, 10:09:59 AM

Quote from: wuvdoll on November 07, 2017, 03:55:16 AM

Quote from: Dainye_dyep on October 31, 2017, 04:18:55 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 yes it is, but I think due to the fact that this is a very accessible system which will make usq profitable in short period of time I think all of the forum users will demand for the increase of its value since it will soon store a huge numbers of user in which may help to increase the value of each bitcoin.

The thing is that the innovation would become popular, and people would see bitcoin mostly for what it is and not just as an asset. Maybe by now the government knowing the value can be controlled could have even started adopting it a long time ago.

However, the asset features due to demand and the fact that it cannot be controlled is what makes it more valuable and you cannot have that without having high volatility which to ma has made it more popular in a short term most especially due to the high inflation we have been experiencing all these while.

I don’t really think that Bitcoin will still be needed by most people if the price rate becomes stable, cause the main reason we all are here is to earn money by investing into and waiting for its price to either go up or down. About 90% of the people in the world doesn’t like Bitcoin, I’m sure of that, and we that loves and cherish it are doing so just because of the money we are earning from it. So if it becomes stable, who would still be interested? No one. Although some people will remain, some would definitely give up.

Most of people will really leave out into another coin which do have an unstable price because if bitcoins price comes to a point when it becomes stable then it would really be just like fiat money itself which means investors or traders will really jump out in the ship and find another one because when the price is stable which means we cant really make money out of it specially if we are a trader but talking into this situation regarding price stability on bitcoin would rather somehow an impossible thing to happen. It will remain unstable and volatile which is really a perfect spot on making money.

ricardobs

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Quote from: wuvdoll on November 07, 2017, 03:55:16 AM

Quote from: Dainye_dyep on October 31, 2017, 04:18:55 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 yes it is, but I think due to the fact that this is a very accessible system which will make usq profitable in short period of time I think all of the forum users will demand for the increase of its value since it will soon store a huge numbers of user in which may help to increase the value of each bitcoin.

The thing is that the innovation would become popular, and people would see bitcoin mostly for what it is and not just as an asset. Maybe by now the government knowing the value can be controlled could have even started adopting it a long time ago.

However, the asset features due to demand and the fact that it cannot be controlled is what makes it more valuable and you cannot have that without having high volatility which to ma has made it more popular in a short term most especially due to the high inflation we have been experiencing all these while.

I don’t really think that Bitcoin will still be needed by most people if the price rate becomes stable, cause the main reason we all are here is to earn money by investing into and waiting for its price to either go up or down. About 90% of the people in the world doesn’t like Bitcoin, I’m sure of that, and we that loves and cherish it are doing so just because of the money we are earning from it. So if it becomes stable, who would still be interested? No one. Although some people will remain, some would definitely give up.

ariewashere1

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When the price had been stable, I'd expect that it would be more recognized by individuals like a stable store of value. However, It may not be used as a lasting investment because there would be small possibility of acquire.

bileta

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Quote from: Nanot on November 16, 2017, 05:09:10 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?

Yes still the btc would be pupular because it is too much precious even though it value stays at the same price. Time may passes The btc still there no matter what. Btc is a long life business that can pruduce an economy deals into success.

But then, come to think of it...which currency stays stable, well little fluctuation could be better

Nanot

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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?

Yes still the btc would be pupular because it is too much precious even though it value stays at the same price. Time may passes The btc still there no matter what. Btc is a long life business that can pruduce an economy deals into success.

bryant.coleman

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Right now, the major attractiveness with Bitcoin is the almost constant increase in the exchange rates. If the prices are stable, then Bitcoin will lose its usage as an investment asset. And since the fee remains high, it may not be used as a payment medium as well. In short, Bitcoin will become useless if the exchange rates remain stable.

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