Topic: If Bitcoin had a stable price, would it still be as popular? - page 50. (Read 171763 times)
October 23, 2017, 07:13:56 AM
I think almost certainly not, there are many many people in bitcoin who are purely in it for price speculation. If the price was stable then they would no longer be here. Though from an economic point of view a stable price implies supply and demand are stable also or adjusting in unison, given that supply is relatively fixed it would mean demand would still have to be quite high for the price not to fall.
October 23, 2017, 07:10:09 AM
One of the things that make bitcoin popular is the fluctuating price that makes people interested to make it as an investment, but on the other side there is a risk that could make investors lose because the price slumped, but that's what makes bitcoin popular, if the price is stable then the number of devotees will be reduced.
October 23, 2017, 05:16:20 AM
No, stable price would mean centralized and controled by a countrie, bitcoin had atracted huge investment into it due to its price being volatil, a lot new players are coming into crypto because there isnt any other investment wich such potencial as bitcoin. For other side if bitcoin would be worthing 300-400 dollars maybe more people would be able to use and trust into it, but the thing is decentralized currencies will always fluctuate.
October 23, 2017, 04:42:57 AM
I think it will be more popular from now even though bitcoin price is still stable, because at this time still bnyak people who do not know about bitcoin. How to easily transact and benefit from bitcoin use and I think people can turn fiat into bitcoin and survive without having to fear losing value.
so they will use bitcoin as a popular online transaction tool from now on.
so they will use bitcoin as a popular online transaction tool from now on.
October 23, 2017, 04:27:14 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
if price take long time in stable point i think you can make real Deals with it but now you must put extra 20$ (if price rise or down) before any deal
October 23, 2017, 04:13:06 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?
One thing that bitcoin users and investors liked about bitcoin is its volatility, and its volatility rate is quite high, it can go from 2000 to 6000 in just a matter of few weeks. I think if its volatility will just range from that amount which you have given, many bitcoin users would definitely go and look for an altcoin which can give them the kind of volatility which butcoin has today, as close as possible if not same as bitcoin.
October 23, 2017, 04:02:05 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?
of course, if the Bitcoin price is stable I'm sure Bitcoin will be very famous even beyond today, and I think Bitcoin will disrupt the stability of US Dollar if only Bitcoin price is stable ..
October 23, 2017, 03:44:56 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 bitcoin would be popular if it had a stable price, as it is mostly used by investors and traders and also speculators, so if bitcoin had a stable price then they would have lost interest and bitcoin would haven't been so popular. And with people you mean idiots, right? If you truly support bitcoin, you support it for its technology, not the price. That's a huge problem right and it is that most people are only seeking to get rich, make money fast and get out, they don't really care about bitcoin and they wont use bitcoin as what it is, a currency.
October 23, 2017, 03:41:06 AM
I would not buy it if it had a stable price because you won't be able to make profit out of something like that in a short term maybe in a long term but is not recommended if you want to make profit in short term.
October 23, 2017, 03:30:03 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 bitcoin would be popular if it had a stable price, as it is mostly used by investors and traders and also speculators, so if bitcoin had a stable price then they would have lost interest and bitcoin would haven't been so popular. And with people you mean idiots, right? If you truly support bitcoin, you support it for its technology, not the price. That's a huge problem right and it is that most people are only seeking to get rich, make money fast and get out, they don't really care about bitcoin and they wont use bitcoin as what it is, a currency.
Are you high ? Most of the people support it because of the money you can get. I am using it for the money every one i know who uses btc also used it to gain money.
Mate you wouldn't use it if you are not gaining money. You are here for the money you can't hide this. You want to be rich so don't try to be a hard boy dude.
October 23, 2017, 02:31:10 AM
If bitcoin is stable then will it be popular like now . Well I said definitely if bitcoin was not having fluctuations in its value then surely it will not be popular like it is now but it will be always regarded as the biggest crypto currency because it is the first crypto currency ever.
October 23, 2017, 02:04:56 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 if bitcoin has a stable price then it will not be as popular now because people will not be interested and profits are also not big maybe people will get bored.
October 22, 2017, 10:03:30 PM
Its a 50-50. First, it depends on its price. High price will make it popular but if its price was low, another cryptocurrency might replace it. Second is why would it be popular if its stable? It would be mainstream if it is stable like others.
October 22, 2017, 05:07:03 PM
I do not know if a less volatile bitcoin would make it a more popular currency, but it would certainly increase its reliability for future investors or companies interested in incorporating it as a payment processor. Ultimately, this greater acceptance would undoubtedly contribute to the expected mass adoption, so popularity would be a direct consequence.
October 22, 2017, 04:58:00 PM
Lol! It is not stable in price but it is still very popular. Still unbeatable.
October 22, 2017, 04:28:23 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?
No I don't think that bitcoin would be popular if it had a stable price, as it is mostly used by investors and traders and also speculators, so if bitcoin had a stable price then they would have lost interest and bitcoin would haven't been so popular. And with people you mean idiots, right? If you truly support bitcoin, you support it for its technology, not the price. That's a huge problem right and it is that most people are only seeking to get rich, make money fast and get out, they don't really care about bitcoin and they wont use bitcoin as what it is, a currency.
October 22, 2017, 08:39:53 AM
in a sense of to days popularity bitcoin will be popular as it is now. but the people like it now a days because of the increase in prices and that's why many people have started trading of these currencies. beside all this the big investors are investing in bitcoin as well as other coins and they are more profitable than in the past.
One of the reasons why people are up to bitcoin is that the price is unpredictable and most importantly its decrease in value is too far compared to its increase over the years. This flactuating price encourages people to join because we are looking at possibilities that it will increase more in the coming days. In case bitcoin has fixed value I think many will still patronize it but it would not be as many if the price is not fixed. Its popularity depends on the impact peoples financial gain.
October 22, 2017, 08:23:03 AM
in a sense of to days popularity bitcoin will be popular as it is now. but the people like it now a days because of the increase in prices and that's why many people have started trading of these currencies. beside all this the big investors are investing in bitcoin as well as other coins and they are more profitable than in the past.
October 22, 2017, 08:08:36 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 bitcoin would be popular if it had a stable price, as it is mostly used by investors and traders and also speculators, so if bitcoin had a stable price then they would have lost interest and bitcoin would haven't been so popular. October 22, 2017, 07:21:12 AM
I think that the stable price of bitcoin will lead to the loss of many users, because most people use it only because of the opportunity to earn on the growth of prices. In this case, I would start looking for another crypto currency that will provide an opportunity to earn.
i agree and we should all know bitcoin as digital cryptocurrency nothing can stop or control it to increase the price, maybe in this prediction comes the bitcoin goes die and the people depending in bitcoin are also affected.
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