Topic: If Bitcoin had a stable price, would it still be as popular? - page 44. (Read 171763 times)
October 28, 2017, 06:56:47 AM
If bitcoin popular, this means bitcoin has been adopted by financial system wherever we are. Thus, bitcoins are actually easier to use and can act like fiat.
October 28, 2017, 06:19:48 AM
If bitcoin become stable then it will end as there will no profit in investing in it.cryptocurrency are famous because they are unstable just like stock market and their transaction is anonymous.the increasing demand of bitcoin is also a major factor for its price volatility.
People won't be getting different opportunities to earn big, Importantly this could have never been this popular as the present. The increased price it has got will be used by the people for securing their fiats to avoid taxation. Unstable price moves were the key factor for the success of bitcoin. October 28, 2017, 06:10:38 AM
If bitcoin become stable then it will end as there will no profit in investing in it.cryptocurrency are famous because they are unstable just like stock market and their transaction is anonymous.the increasing demand of bitcoin is also a major factor for its price volatility.
October 28, 2017, 06:05:24 AM
If bitcoin had a stable price,then retailers would come forward to accept it as payment as they are very much concerned about its price volatility.Certainly,it would increase the demand for bitcoins.More countries would come forward to legalize bitcoin.
On the other hand,traders who make huge profits out of the difference in bitcoin price would not buy bitcoins as their profits would get very less.They would lose their interests in bitcoin,It may reduce the demand for bitcoin.
If bitcoin becomes stable in price, I believe it will favor the economy of the world, but I don’t really know if people will come to accept it. Many people as of this time are already seeing it as evil or something they shouldn’t even get into. For the people into it now, I believe they are into it because of the volatility, and if it becomes stable in price, lots of them will quit from it. On the other hand,traders who make huge profits out of the difference in bitcoin price would not buy bitcoins as their profits would get very less.They would lose their interests in bitcoin,It may reduce the demand for bitcoin.
October 28, 2017, 05:53:52 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?
From my point of view I think it will popular even with stable price but I think it may decrease on due time because the most affected users where on the line of trading. Since trading users maximize their profit on the price fluctuations of bitcoins, it may bring them a great problem if the price would become stable and it would affect greatly their ROI.
October 28, 2017, 05:12:26 AM
In my opinion, if bitcoin had a stable price it will not be popular. The investors will not be willing to invest into bitcoin. You will just waste your time to buy and sell bitcoin, just to make a profit. Some miner will stop mining bitcoin, because it’s hard to mine and the amount of money they earn is to deficit.
The only one reason behind their behavior will be, they can’t produce much profits. Bitcoin is famous and popular just because of its high yielding percentage of profits. So when price become stable, no such profits thus no such users. Then bitcoin will be just like any other currency we have in this world. Same would be the case with mining, as you said it very right. October 28, 2017, 04:48:03 AM
I dont think so. If bitcoin has a stable price, it would be just like any other currencies. What makes bitcoin unique is that its value increases significantly. Also what makes it unique is that it is decentralize and it is accepted worldwide. Also if its value is stable, there will be no other cryptocurrencies available.
October 28, 2017, 04:46:12 AM
Clearly, bitcoin would not be as popular if it is not that stable. If we look at the status of bitcoin now a days, it shows a progressive trend which attracts more people to be part in bitcoin. In line with this people are becoming more aware of cryptocurrency as a matter of fact here in my country philippines it is now beginning to be well known through social medias and broadcasting companies.
Yes volatility is the thing that attracts people toward It and if there will be stability in its prices there will be no one who will use it and more of it bitcoin main profit depends on the prices and if prices goes down people buy it for sake of profit and as prices goes up then people use it for the sake of profit making so if prices become stable these will be no high profit and it will be like physical money.
October 28, 2017, 04:39:35 AM
Even the bitcoin price is not stable, still it is not that popular, but still improving to become popular. So if the price of bitcoin wil becoming stable, i think it would become popular also, but it is depend upon the price of it. If the stable price is higher, i think it will become popular, but if not maybe it will not become popular.
October 28, 2017, 03:31:06 AM
In my opinion. If bitcoin prices are stable, obviously bitcoin will still remain popular. If the price is stable high, I'm sure it will make bitcoin more popular for the future. Many people will join in bitcoin, arguing that bitcoin can change its life for the better for the future.
October 28, 2017, 02:33:27 AM
Clearly, bitcoin would not be as popular if it is not that stable. If we look at the status of bitcoin now a days, it shows a progressive trend which attracts more people to be part in bitcoin. In line with this people are becoming more aware of cryptocurrency as a matter of fact here in my country philippines it is now beginning to be well known through social medias and broadcasting companies.
Yes volatility is the thing that attracts people toward It and if there will be stability in its prices there will be no one who will use it and more of it bitcoin main profit depends on the prices and if prices goes down people buy it for sake of profit and as prices goes up then people use it for the sake of profit making so if prices become stable these will be no high profit and it will be like physical money.
October 28, 2017, 12:14:07 AM
I do support a stable and less fees 
, the reason that some people underestimate bitcoin, is this exactly the instability of the price.
But in that case there's no trading anymore, it just won't work because the way bitcoin is designed. everyone can choose how much his bitcoins value,
or follow the market price !
, the reason that some people underestimate bitcoin, is this exactly the instability of the price.But in that case there's no trading anymore, it just won't work because the way bitcoin is designed. everyone can choose how much his bitcoins value,
or follow the market price !
October 28, 2017, 12:10:51 AM
I doubt it. Majority of bitcoin enthusiast are in for the money;when there is volatility there is profit whereas in stability you gain nothing.
October 28, 2017, 12:02:55 AM
We have to accept the truth why we are here dealing with bitcoin is for the rate which bitcoin giving us the hope of future for our investment and the opportunity to earn bitcoin for our future as an asset due to its appreciation. If that concept itself not exist I don't think bitcoin will be there but not grow as what the situation here. But it wont happen as the opportunity with bitcoin is as big as the world so hope for the best and look towards a positive future along with Bitcoin.
October 27, 2017, 11:56:47 PM
If the stable price of course makes bitcoin unattractive to all of us, surely people will not care because its value is fixed. let alone the concept of stable prices already exist that is paypal, web money and so forth.
Sure, I won't have doubted once that the attraction would have been less since so many people anyway obviously are making use of bitcoin since they only consider it as a digital asset. It is normal, after all, it is extremely valuable and the usage and the opportunity it has brought is what has made the value what it is today, so there is no way it would have had a stable price or remain invaluable even at the long run.A time will obviously come when we won't always see those huge spikes anymore and people by then will end up seeing the real value of using it than just being a digital asset.
October 27, 2017, 10:05:15 PM
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, Bitcoin will not be popular if it is stable price. It is the uniqueness of bitcoin of having unstable price that is why many people use it. That is why many people nowadays invoved in bitcoin also because it is virtual curency and you can pay using bitcoin.
October 27, 2017, 04:38:21 PM
If bitcoin had a stable price then it would lead to massive adoption by businesses and merchants.
October 27, 2017, 03:53:03 PM
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 I dare guarantee, if Bitcoin price is stable, Bitcoin will be more popular from now, but currently I see resistance to bitcoin is very strong,
hopefully Bitcoin can continue to survive and be recognized by the world ..
The price volatility is a blessing to us because with the price movement we can buy cheap bitcoins which we can sell later, the technology is just very popular now and even merchants are already adopting it as part of their mode of payment.
Indeed, if the price of bitcoin is stable it wont become popular to many because it has no difference in ordinary currency wherein the uses are to purchase things.
Because of the unstable price users are investing to grow their money and for future purposes, its like an asset. Thats why the volatility of btc has a big contribution why it became popular and successful today.
October 27, 2017, 02:10:09 PM
I think it will be. When a currency it will almost always be a good fortune reserve for normal people or even for the country. I think in the future btc will become more and more stable.
Everyone has his own point of view but I don’t think so that bitcoin will maintain its fame and popularity once the market price of bitcoin will get stable. The thing which is playing a major role in helping bitcoin earn this much of fame is none other than the volatile nature if bitcoin. The way the market price of bitcoin is increasing is the only reason to see this much increase in the number of investors. 
October 27, 2017, 12:33:53 PM
If bitcoin had a stable price,then retailers would come forward to accept it as payment as they are very much concerned about its price volatility.Certainly,it would increase the demand for bitcoins.More countries would come forward to legalize bitcoin.
On the other hand,traders who make huge profits out of the difference in bitcoin price would not buy bitcoins as their profits would get very less.They would lose their interests in bitcoin,It may reduce the demand for bitcoin.
Yeah it is true a lot of the people are using the bitcoin is the payment service and the importance of the bitcoin is getting high because of the changing price and the value of the bitcoin, when people use to buy it they start dreaming for the increase in the price of the bitcoin so f they will not find any change they will get dishearten so for me it is very important to change the price and the importance of the bitcoin. On the other hand,traders who make huge profits out of the difference in bitcoin price would not buy bitcoins as their profits would get very less.They would lose their interests in bitcoin,It may reduce the demand for bitcoin.
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