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Topic: If Bitcoin had a stable price, would it still be as popular? - page 41. (Read 171736 times)

member
Activity: 102
Merit: 10
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.
newbie
Activity: 50
Merit: 0
Sure , even if Bitcoin had a stable price, it would even now be well-liked currency , since simply it is obtaining extremely massive community supporting it, and it is increasing up every day.
full member
Activity: 238
Merit: 101
Decentralize The $15-Trillion Global Trade Industr
Definitely not the huge ROI gains is why most people get into bitcoin in the first place. It should be for other reasons but money is what attracts majority of people and a stable price would not be as attractive.
sr. member
Activity: 462
Merit: 250
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 don't think that if Bitcoin had a stable price, it would be this popular as a large number of believers of Bitcoin are day traders and the volatile nature of Bitcoin helps them to earn good amounts of profits.
Stable price may help to boost it's popularity when it's acceptance has increased and almost everyone accepts it as a means of payment.
sr. member
Activity: 840
Merit: 254
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?
When that happens then it means that bitcoin has become accepted worldwide and by that time we will already rich and bitcoin will be popular anyway, the reason the price of bitcoin changes so much is because it is still relatively small compared to the size of the world economy so the volatility is not going to disappear.
hero member
Activity: 868
Merit: 535
Yes, I agree with you at some point. Nonetheless, let me narrow down on it a bit more. I think, aside from the reason you posted earlier, Bitcoins are popular for the following reasons:

1) Decentralized - People can handle their own money without fear of being deprived of their assets and can solely control their cash inflow and outflow without limitations.

2) Sudden Increase, Little Decrease - This is, as what I describe it as two step forward and one step backward.

3) Not taxed - All transactions involving Bitcoins are not taxed, at least in our jurisdiction.

4) Anonymity - You would not have to fear of being bullied, traced/investigated, among others.

  
sr. member
Activity: 1596
Merit: 335
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?

That actually depends. If bitcoin has a stable high price then it will be very popular. However, when the value is low, it will not be as popular. Still, it will be known for being easy to earn online currency.
sr. member
Activity: 700
Merit: 251
Hmm i wonder about that. But i think no? I mean yes, bitcoin will still be popular.
But not many people wanted to invest in it again, puts all of their money and efforts in bitcoin, and go crazy about the price.
Honestly, for me what's attracted me from bitcoin is the unstable price of it. Many others too though, but that's the first reason why i am here.
hero member
Activity: 798
Merit: 527
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.
Certainly not all wants that but if we really look at the majority of those who do, they are far more. I understand perfectly why that sometimes, and the way it is now, it is just not good for business. I imagine selling an item for $6000 and then it drops down to $5700 and then I will have to wait to hope for the increase. The important thing is you will always have it both ways.

Sometimes, there is always profit and sometimes just loss as it is, but there are options to sell immediately so if you want to then hold for long as a business man, the choice is yours.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
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

Bitcoin is popular because of its value that is consistently increasing. There are always risk in life and if you want to pursue the path of trader but without hardship there is no success so its normal to fail sometimes.
sr. member
Activity: 1988
Merit: 322
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.

sr. member
Activity: 2618
Merit: 335
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.
Everyone has his own opinion but I have a different one. I think it will be very much difficult for bitcoin to maintain its reputation and that too at the time when there will be no increase in the market value of bitcoin. The main reason which has helped bitcoin in making this much of name in the world is none other than the tremendous increase in the market value of bitcoin. Bitcoin needs to have its volatile nature.
full member
Activity: 151
Merit: 100
PITCH – THE FUTURE OF OPPORTUNITY
Yes people will still be on bitcoin even if it has stable price.It will be like dollar that has a stable value.Bitcoin also has increase and decrease of value but still have good value.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
I think not, if bitcoin price is stable then market cap is very small because people do not want to deposit, other than that people are more interested to use payment processor that already exists is paypal.
What makes bitcoin very interesting is its volatile price, it might fluctuate but in general we can expect the value will grow over time.
Just like what we are seeing in the past months, the price has significantly rise and there's plenty of good news that will make it strong despite of the FUDs.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
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, people are getting into bitcoin due to the increased pricing. Price keeps on increasing with bitcoin, but the same has got risks associated with it. To overcome the risk in it people need to learn and update themselves with the market changes. On the whole bitcoin has gained lot importance due to the different earning opportunities available.
member
Activity: 364
Merit: 10
Pawsome
I think not, if bitcoin price is stable then market cap is very small because people do not want to deposit, other than that people are more interested to use payment processor that already exists is paypal.
sr. member
Activity: 714
Merit: 250
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.
full member
Activity: 392
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 don't think so, if bitcoin has a stable price then people can not benefit from bitcoin because they will buy when prices go down and sell when the price is high, if the price is stable how will they benefit? if that happens maybe bitcoin will not become popular anymore
full member
Activity: 350
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?
In my case , i guess no... bitcoin won't popular, depends upon the trend of environment, Im using bitcoins because of money. First and foremost, if bitcoins won't fluctuate, How do we earn money in bitcoins... Most of the users in bitcoins are trader's with different types of coins. It could be one factor of indulging btc..and money comes easier if you have skills to pump and dump alt coins..
sr. member
Activity: 1036
Merit: 281
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.
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