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Topic: If Bitcoin had a stable price, would it still be as popular? - page 68. (Read 171736 times)

full member
Activity: 445
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?
It will be more popular I think. Its volatility is the risk that makes other prople on not to invest in Bitcoin, for the reason that its price oftenly changes. In an investment, it won't be good, because investors eill find something that eill surely give them profit they won't go for things that has risk. So if it will have a stable price, it will welcome more people to invest to its that'll make its demand even higher.
full member
Activity: 364
Merit: 106
hmmm, it will actually still be popular but don't you think bitcoin's unstable price makes it insteresting? More like a chances deal/game
It is strange but the price volatility of bitcoin really makes it more popular. This attracts more number of speculative capital. If all speculators will withdraw their capital from bitcoin you can't even imagine what will be the price.
sr. member
Activity: 574
Merit: 250
i think it like gold. and if another coin have unstable price like bitcoin right now, bitcoin will defeated.
so, its more great if bitcoin have unstable price, up and down everyday. its best and give us happiness and regret.
sr. member
Activity: 1246
Merit: 255
hmmm, it will actually still be popular but don't you think bitcoin's unstable price makes it insteresting? More like a chances deal/game
sr. member
Activity: 477
Merit: 501
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?

Well, I guess btc will still be popular even at a stable price. Usually, investors are looking for stability before they invest so I'm sure that btc will not lose an investor. Though, it being unstable is a great factor that attracts more people into it especially traders. It will still be popular even if the value is stable but not so much as popular as it is today. So I'd still go with unstable since it is the very reason why it got so popular that most people are eager to have their own btc.
i don't think so, i think it will lose ts popularity and most of the people goes toward other crypto to gain profit and in the mean of trading. the beauty of bitcoin is that its price is keeps on changing and from the day it has started it is going high and high and that is thing that a lot of people and investors coming towards it in the sake of profit.
sr. member
Activity: 644
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
If you say that the stable value of bitcoin is only .01-.10$ it will be no longer more popular and usable and will be  neglected..the people might look for other currencies that  have big value / price to use. And i dont imagaine what would be happen if the price of the bitcoin is stable.
legendary
Activity: 938
Merit: 1001
If bitcoin had a stable price,traders would have not cherished it more than a regular currency.
Its certain characteristics like quick process in transfers and anonymity keeps a vast distance from being stable in price
legendary
Activity: 1148
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The only reason most of us are here is because of the volatility Cheesy

Essentially, the class of investor would change. The majority of the sphere right now is kids, old heads, and click workers. We thrive on the volatility. If the price stabilized, you would see more institutional investors, and accredited individuals. The thing that makes crypto so great to trade makes it toxic to long term, traditional investors; stability is a desirable trait for a long term holding.

If the price stabilizes, however, it will stabilize far above this price. But the lack of a value basis makes me wonder if we will ever get there, and how long that will take.
hero member
Activity: 2576
Merit: 582
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I think although bitcoin has a stable price .. bitcoin remains popular among the public .. with the bitcoin price stabilization allows bitcoin can be used in payment transactions .. will be many stores or companies that receive bitcoin. Or maybe bitcoin would be legall if the bitcoin price is stable. But if the bitcoin price is stable the gain we get is only a little .. but the risk for loss is very low .. so this can still be used for investment
No, I don’t think so stabilization will be in favor of the traders. The stabilization will restrict bitcoins to few people and the circulation of money not possible then. The unstable price has played a great role in attracting masses because dumping phase provides many opportunity of grabbing bitcoins.
full member
Activity: 126
Merit: 100
I think although bitcoin has a stable price .. bitcoin remains popular among the public .. with the bitcoin price stabilization allows bitcoin can be used in payment transactions .. will be many stores or companies that receive bitcoin. Or maybe bitcoin would be legall if the bitcoin price is stable. But if the bitcoin price is stable the gain we get is only a little .. but the risk for loss is very low .. so this can still be used for investment
sr. member
Activity: 574
Merit: 256
I believe that the stable price of bitcoin will not bring him such popularity as now. It will simply be a conventional e-currency and investors will throw it back into more valuable assets.
bitcoin is popular and it has good price and as the time is passing bitcoin is being more popular because people will not be worry about the price and they will be able to buy bitcoin at any time because the price will not increase or decrease but it will not be good for the people who want to sell bitcoin because the price will be the same they bought so it has both advantage and disadvantage both at the same time.
sr. member
Activity: 882
Merit: 269
If bitcoin is stable in price and the price is around 0.1$ it with be as popular as we see it today because people will not have much interest in it. Bitcoin is the most performing currency in 2017 it has outperform every other currency and still move only in this year three times one oz of gold. Bitcoin is above $4000 it means there is no way it will not be popular.
member
Activity: 83
Merit: 10
If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
Maybe its godd to know. Its becoming more popular. Because i think bitcoins unstableness is the problem why users think that bitcoin is becoming to die. But if bitcoin value become stable in a high price. Maybe more poeple will know about it and they also using bitcoin as of now. They were encouraged or influenced because of the way of earning here.
many users think that fluctuations are just a problem for bitcoins but who assume it is a regular user or a user who uses bitcoin for currency only but you know, most bitcoin users are an investor or trader where they are very dependent and very fond of fluctuations because it will help their profits? of course they will very sad if price become stable
It would still be popular, but not as popular as it is right now.Because there would be no trading anymore.
hero member
Activity: 2926
Merit: 636
If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
Maybe its godd to know. Its becoming more popular. Because i think bitcoins unstableness is the problem why users think that bitcoin is becoming to die. But if bitcoin value become stable in a high price. Maybe more poeple will know about it and they also using bitcoin as of now. They were encouraged or influenced because of the way of earning here.
many users think that fluctuations are just a problem for bitcoins but who assume it is a regular user or a user who uses bitcoin for currency only but you know, most bitcoin users are an investor or trader where they are very dependent and very fond of fluctuations because it will help their profits? of course they will very sad if price become stable
That's not a problem if you understand why the price fluctuate, in fact you can take that as your advantage because in any time you can trade and probably make more money if you master the trend. Bitcoin is news related and the price movement is cause by a hype and FUD, so know the real reason before selling or buying to always make the right decision.
legendary
Activity: 1372
Merit: 1008
If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
Maybe its godd to know. Its becoming more popular. Because i think bitcoins unstableness is the problem why users think that bitcoin is becoming to die. But if bitcoin value become stable in a high price. Maybe more poeple will know about it and they also using bitcoin as of now. They were encouraged or influenced because of the way of earning here.
many users think that fluctuations are just a problem for bitcoins but who assume it is a regular user or a user who uses bitcoin for currency only but you know, most bitcoin users are an investor or trader where they are very dependent and very fond of fluctuations because it will help their profits? of course they will very sad if price become stable
sr. member
Activity: 1274
Merit: 278
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 it will be highly stable in terms of its market value, it surely will. Also, one of the angles why there are still countries that doubt about bitcoin legalization is its volatility. Its market value changes time after time, so they are still studying whether to make it legal or not, or will it be functional or not. So if it will be stable, it will be more popular amongst people and companies and even countries.
full member
Activity: 644
Merit: 103
What makes bitcoin click is the way it changes its price periodically or perhaps instantaneously which in that way, traders can make use of it i.e buying bitcoins when the price is down and selling it when the prices appreciate. Contrary to it having a fixed price, it would just be the same as using fiat which is greatly affected by inflation/deflation.
full member
Activity: 354
Merit: 100
If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
Maybe its godd to know. Its becoming more popular. Because i think bitcoins unstableness is the problem why users think that bitcoin is becoming to die. But if bitcoin value become stable in a high price. Maybe more poeple will know about it and they also using bitcoin as of now. They were encouraged or influenced because of the way of earning here.
sr. member
Activity: 364
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?

Well, I guess btc will still be popular even at a stable price. Usually, investors are looking for stability before they invest so I'm sure that btc will not lose an investor. Though, it being unstable is a great factor that attracts more people into it especially traders. It will still be popular even if the value is stable but not so much as popular as it is today. So I'd still go with unstable since it is the very reason why it got so popular that most people are eager to have their own btc.
sr. member
Activity: 434
Merit: 255
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I think the stable price will not get more popularity than unstable price. it is not like the conventional money that is why the stable price will not suit with it. it has become popular around the world due to its increasing rate of price. if this price value would not increase then this popularity would not have been established as like today. so the stable price will not encourage the people to join this platform.
The fact is that it is an unstable price that gives popularity to bitcoins among traders and this gives an opportunity for a good profit on the difference in the price of Bitcoin. But if we hope for the popularity of Bitcoin Among the whole society, then every person on Earth will be satisfied only because the currency has a certain stability.
In bitcoin invested more amount of speculative money. If for any reason the price of bitcoin will be stable then it could trigger the outflow of speculative capital and to reduce the price of the coins. The result can be panic on the market and a loss of confidence in bitcoin. Hopefully this will not happen, but theoretically it's possible.
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