If Bitcoin had a stable price, would it still be as popular? - page 47.

Shishir99

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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?

Bitcoin price also shows the popularity of bitcoin.
If the price of Bitcoin goes higher that means it is getting popular.
Because Bitcoin supply is very little compared to the demand of world population like gold.
So i think it wouldn't be that popular as it is now.

MommyElsa

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In some cases, for sure it will still be popular. Like it gives extra income. But i am sure, bitcoin will not be completely stable now and in the future for these demand always change that result for the price change of BTC and ALTcoins.

marcuslong

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People are depending on the price of bitcoin investors are enjoying the unstable price of bitcoin the real fact here is those holders , investors are earning money from that and i you people will believe that bitcoin will be stable you’re fooling your aelf around and if that happens when bitcoin started there will be no more changes at all

ljtronics

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it'll be popular for online savings and be more worthy to be a payment processor, so many big company won't accept bitcoin nowaday because of its fluctuation will give risk to those company to receive less value than what they should received,but we will lost those traders,so market will get a little bit slow i think. Hope future BTC figuring out a way/ fork to fix this.

Kurokonobasuke

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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?

It would be more popular, I think. Its volatility is what makes investing to Bitcoin somewhat risky. Being volatile makes the value of Bitcoin to change everytime such that there are times that its price is falling. And if it will be stable or less volatile, I think more investors will be attracted to Bitcoin since the profit will be more assured.

Vikingr

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Quote from: Skyshark on October 24, 2017, 05:30:56 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?

I think its not gonna be as popular as it is today, many investors are attracted to Bitcoin because of its volatility, now if its volatility is not so significant, then I think most of its investors now, won't be as attracted to bitcoin as they are today. I think Bitcoin isn't gonna be as popular as today.

Gold is an expensive asset but it has a stable price and made a very little increment in its price over years. Does it gain as much popularity as bitcoin has within a short period of few years? No, it did not for two reasons. New investors have find it difficult to invest in it and due to low progress rate, they don’t even bother buying it. All the fame and support that bitcoin has today is due to the fact that it gives grand profits within few months.

BarbieCasino

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Quote from: Python2.5 on October 25, 2017, 06:22:48 AM

Yes I think it will still be pretty popular.With popularity comes more stability. If there are no new users then the price can never really surge.

Yes the bitcoin price and the profit is getting more high and it is because I use it as the simple and bright, the bitcoin is more reliable and easy to use than to buy it and get into it for the short time, bitcoin value and importance of the bitcoin is now more than the simple currency so buy it and try to hold it as long as you can, it is now being famous at the international level and a lot of people are using it now.

okinnas

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If the price of bitcoin was stable it will not reach the hype and attention it gets today, might as well I am not here if the price were stable. Massive pump made it so popular that government (ours PH) made it legal to be used as way of payments to city services and remittances due to anonymity and availability of exchange sites.

zulkarnaen

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Maybe if the bitcoin price is stable there will be a decrease in the interest of traders and investors to engage in bitcoin because of course it will be a little difficult to get the results in accordance with their profit targets, and some of them using bitcoin course for payment transactions only

Usafstar

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If bitcoin has a stable price then its mean that the demand and supply re come closer to each other and the profit margin become less therefore the current investors will move to other currencies and the ultimate result will be decline in the popularity and approach of popularity of some other coins are also affected. It bitcoin has a stable price I think the popularity will be affected.

astrid.uchiha24

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I do not think it will be as popular as right now because the reason most of the people invest on bitcoin is to gain rather than to use it. but i believe if bitcoin will become stable users are still there but traders will decline in numbers soon.

anhhung409

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I think if its price is low and stable then almost no one will care about it, like gold, because it is too stable and there is no mutation so it is difficult to invest. Bitcoin is now very good, high value, good user support base so it is very promising in the future

Sir Legend

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if the stable bitcoin price certainly will not make us interested to use bitcoin, other options such as paypal or liberty reserve of course better because it has been supported and accepted many countries.

nomad1109

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There's a lot of conflicting views in this thread. A poll for simple yes or no would maybe give a better overview of people's thoughts. There's a lot of speculation in Bitcoin right now, and if the volatility were smaller then these speculators would have less interest in it. On the other hand the high volatility prevents bigger investors to put their money there, as it isn't really fit to put your fortune in it. Right now the only sensible move is to only put money you can afford to lose in Bitcoin.

Loope

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Quote from: DIMKAZDS on October 25, 2017, 04:35:45 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?

No. I don’t think that if bitcoin had stable price then it would have been this popular and users. This is because then there was no difference between banks and bitcoins. The matter of fact that people go for bitcoin over banks is its instability because of which its price fluctuate and have a high chance of increasing resulting in increase in your invested money. So bitcoins biggest weakness is its biggest strength which is it being not stable and not regulated by any government. Which has lead to its increased popularity and users.

Well i think bitcoin maybe also a popular even if it is low prices, goes to the highest value. Although we know that it is world wide currencies some personalities even if your'e ordinary you probably engaged too. in order to stay alive, achieve what you dream you must get interest on what is really in reality. But furthermore i think bitcoin cannot be have an stable value cause of the increasing number of members of it.

Andre#

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Quote from: DIMKAZDS on October 25, 2017, 04:35:45 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?

No. I don’t think that if bitcoin had stable price then it would have been this popular and users. This is because then there was no difference between banks and bitcoins. The matter of fact that people go for bitcoin over banks is its instability because of which its price fluctuate and have a high chance of increasing resulting in increase in your invested money. So bitcoins biggest weakness is its biggest strength which is it being not stable and not regulated by any government. Which has lead to its increased popularity and users.

The price fluctuation, the value and the function of Bitcoin are the reason make many people want to buy it.
If Bitcoin price become stable, no one wants to buy more for investment long term because Gold will be better than and safe than Bitcoin.
In that time, Bitcoin can only be useful for international transfer money.

TheCoinFinder

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Imagine the day when bitcoin was worth only $0.1 with less or no volatility? Imagine how the price reached from nothing to apex?
The moment people started noticing about its quality features, Its popularity got absolved.
It is not only the matter of stability due to which people like bitcoin, but other attributes retains its popularity.

Python2.5

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Yes I think it will still be pretty popular.With popularity comes more stability. If there are no new users then the price can never really surge.

pretius99

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Every day bitcoin users is increasing , i think bitcoin price always stable like that , maybe can increasing because a lot people know bitcoin and start to using bitcoin.

kobmat

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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?

I think no, because bitcoin become popular because of its value was changed every hours. If it is stable it is regular salary like the other job, so its not unique. Being unstable of it is their asset.

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