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Topic: If Bitcoin had a stable price, would it still be as popular? - page 39. (Read 171763 times)

sr. member
Activity: 1914
Merit: 328
Yes, if bitcoin had a stable price, it would still be as popular as it's today now. People would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.
Yes! I agree to you. The reason why the bitcoin is so popular today is because it has a stable price. Many people are now entering the cryptocurrency world because of the bitcoin.
Actually people are entering the cryptocurrency world because of the price of bitcoin that  keep increase, so they see that they can get profit by earning bitcoin and altcoin. But yes, bitcoin will be still popular because the merchant will not afraid to adopt bitcoin anymore.
Yes, it's true people are willing to enter the cryptocurrency world, and for them they are hoping a high price and to get a lots of profit when they were earnings, For example in bitcoin, if the price was so high and it is stable for a long time most of people are become willing about it specially to all bitcoiners and by the stable of high price, I'm sure bitcoin will become popular among all of the other cryptocurrency. In additoin, if the price of bitcoin was stable continuously, i believing that there are so many people are invest thier money, and they grab the opportunities. And finally, bitcoin will become popular because of it's stable price and people are taking it because of money. So it is better that bitcoin was have a stable price.
First thing is there is no possibility for bitcoin price that it can be stable on one place and secondly bitcoin is related with market trade and its price is related with trade also so it’s out of question that bitcoin price can be stay on one place because day by day bitcoin is going to improve his trade with world and it’s going to progress every day.
hero member
Activity: 644
Merit: 500
Some day bitcoin price will be more stable and less volatile. Most users are interested in bitcoin just because of pumps and dumps which help them make profit.
The regular user want a currency he can trust, he dont want to use a crypto that can loose its value overnight with no reoson.
The stability of bitcoin value will encourage more people to join the crypto world even merchant wll accept bitcoin as any other regular money since they will now what its price will be.
that's what bitcoin offers and its been so popular nowadays since its been proven that for newcomers who just believe and invest wait for some months and see the results, it been like this for the years that bitcoin exist so regarding to this topic maybe chances that bitcoin wont be that much popular anymore if its already reached the peaked and become steady.
full member
Activity: 364
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 think that would affect bitcoins popularity in a negative matter in a very huge state, most people are very attracted to bitcoin because of its volatility, which is a very huge advantage for crypto traders. But surely, there are people who will still go for bitcoin even if its price is more stable now especially that its price is very high.
newbie
Activity: 27
Merit: 0
No it would not be popular because it will stay stable people will not make any profit out of it and then no one will invest in it people only invest if they see they can make big profit out of it that is why it would not be popular.
legendary
Activity: 2702
Merit: 3045
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Some day bitcoin price will be more stable and less volatile. Most users are interested in bitcoin just because of pumps and dumps which help them make profit.
The regular user want a currency he can trust, he dont want to use a crypto that can loose its value overnight with no reoson.
The stability of bitcoin value will encourage more people to join the crypto world even merchant wll accept bitcoin as any other regular money since they will now what its price will be.
full member
Activity: 462
Merit: 100
Bitcoin will hardly have a stable price (I am sure it will grow further). However, even if it happens, people will still go on dealing with this cryptocurrency.
Tax-free operations that are not totally controlled attract everywhere, and BTC gives the opportunity for this.
legendary
Activity: 2464
Merit: 2094
In my opinion,yes of course because now bitcoin already has a better user base and very strong,of course bitcoin even with stable prices but in my opinion bitcoin will remain popular.
With a stable price alone,bitcoin is very popular especially if the price will continue to rise I think bitcoin will become the most favorite digital currency in the world.
full member
Activity: 1028
Merit: 144
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Bitcoin would be more popular if its price is stable and high. Some people are not into using bitcoins because of its volatility and because of its price before. I don't know if some people prefer to use it nowadays because bitcoin's price is getting bigger than expected. Actually, for me, it is better to have bitcoin as a volatile currency because you do not know when it will be bigger than it is today.
newbie
Activity: 83
Merit: 0
I think it would still be famous because bitcoin is an easy way to earn money. Given that it is an easy way some people intend to use it to save money for their future that is why it will still be famous even if it has a stable price.
newbie
Activity: 9
Merit: 0
when bitcoin have such stable prices, it could be legalized by any country to make it tradeable/ exchangeable for payment tool. because it is convenient to have stable prices if bitcoin want to be legalized. that's what i thought of  Smiley
I think that if bitcoin had a stable price no one would be interested in it because then it would almost be the same as dollars but you can't buy a lot of things with it. So it think that not so many people would be interested in it.
full member
Activity: 518
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 think it won't and that's ironic. If it will be less volatile it will also be less risky. But to think that users and investors are making money of its volatility, it will seem to be not a disadvantage. That's also the la2 of investment, if it is risky the profit can also be big. It will still be used but I think it won't be as this popular. Its volatility is also what makes it profitable particularly with the increase on its value.
member
Activity: 76
Merit: 10
Well not very stable yet people are not using Bitcoin as proper currency or a like instrument but as a gambling tool or easy money. This space needs more time to get mature.
full member
Activity: 294
Merit: 114
If Bitcoin had a stable price then it will be more popular to other users or people will become interested in it. One of the reason why people won't risk in investing into such digital coin is due to its volatility. They fear that the value of what they had bought will be much less than the amount that they had paid for it. Majority of the people doesn't want to risk in such case hence, this volatility issue is one of the biggest cons that bitcoin can't be resolved yet as this is also the same reason why "most of us" did get to it.

In my case, I was became curious about bitcoin back then but there's no interest due to its low value, which I feel is nothing special and my capability to acquire it is limited. Now, when I became aware that the price of bitcoin suddenly rise up, my interest kicks in and investing my savings into it.
legendary
Activity: 1442
Merit: 1025
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.
legendary
Activity: 2044
Merit: 1115
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Yes it would definately be popular

pherphaps even more popular as we could focus more on the underlying blockchain technology and less on the volatility of the price
I don’t think so that it will be possible for bitcoin to maintain its fame and popularity once it will have a very stable market price. It is because of the fact that the only thing which is grabbing the attention of the investors in the significant increase in the market price of bitcoin.

If bitcoin will have a stable market price, then it will lose its importance like that of gold and people will look for some other investment.



The headlines bring the attention and bring more people in. Bitcoin probably doesn't lose importance with a stable price, but it sure does lose it's most important recruiting tool, and that's mainstream media attention. Before anyone knew what cryptocurrency was, nobody had an incentive to learn because it had no applicability to them. It was a foreign concept, and pretty technical system. The only reason people took note was because of the growing number of stories of people making a lot of money. Bitcoin is far more useful as a currency and store of value with a stable price, but an alternative to cash isn't very interesting, especially since digital cash is easier to use and retains value.
full member
Activity: 486
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 think bitcoin will still be popular if its price rate will remain stable as long as it is beneficial to its users and supporters in a way that they can gain an income online. But it will surely be more popular of the assurance of being stable will be on the higher price rate because it will surely and probably attract many people to get engage with it as it will be used on the daily life basis like using fiat in our current time.
The value of Bitcoin depends on the investors, users and traders, it can not create its value, the Bitcoin community are the people can decide the future of Bitcoin and its value in future! Therefore, if the Bitcoin community want the value of Bitcoin can be high, they need to invest more in Bitcoin and keep its value. Wink
sr. member
Activity: 553
Merit: 250
If bitcoin had a stable price it is still popular. If only when its rate is high like today. No doubt it will be known all over the world. But if the price stable at a low price maybe some may feel uninterested. They will impatient with it.

Impossible, of course people prefer paypal who already has a high trust, stable prices will not make people speculate about the future, they just use just in time and will never keep.
full member
Activity: 264
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 think bitcoin will still be popular if its price rate will remain stable as long as it is beneficial to its users and supporters in a way that they can gain an income online. But it will surely be more popular of the assurance of being stable will be on the higher price rate because it will surely and probably attract many people to get engage with it as it will be used on the daily life basis like using fiat in our current time.
member
Activity: 434
Merit: 10
If bitcoin had a stable price it is still popular. If only when its rate is high like today. No doubt it will be known all over the world. But if the price stable at a low price maybe some may feel uninterested. They will impatient with it.
full member
Activity: 350
Merit: 100
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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, as long as it has block chain and a reliable security then I think people will be as popular as today because it will still be the primary used currency online and investors and companies will still use it as a mode of payment online, I also think stability as not a flaw sometimes a stable currency is good and has its own advantage.
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