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Topic: If Bitcoin had a stable price, would it still be as popular? - page 7. (Read 171736 times)

full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
Not even close it wouldn't be popular at all I would argue. The reason it gets such media attention and hype from people is because of the swings, there would be no headlines if the swings were the same as established currencies!
newbie
Activity: 64
Merit: 0
I think it's going to be part of bitcoins natural evolution to go from an emerging technology that is speculated on into a fully utilise and integrated technology that is invisible fast and cheap in the way the internet is. Bitcoins volatility will not go on for ever. This price action is normal for any newly discovered asset. And once the volatile subsides vendors will be able to price items in bitcoin because they have confidence it will be worth the same amount tomorrow. This is one of the biggest things holding bitcoins actual use back. It's a victim of its own success
sr. member
Activity: 994
Merit: 391
Bitcoin investors are the people who love high risk and of course high profit. That's why we are here and investing in bitcoin and we are not investing banks. İf the price is stable I prefer to invest in shares, not cryptos.
This is crazy for many people but this is our profile as an investor.
sr. member
Activity: 419
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 bitcoin popularity will last for the long run if the price would become stable for its possible certain amount. The market will become dead and there is also a zero growth for the numbers of investors. And aside from that its popularity will not be as same as today but it will be taken by an altcoin which can have the ability to take over the rulership over cryptocurrencies.
And this will be the totally truth about the rumor against bitcoin which the term "bitcoin is dead"
Try to remember what the reason make the world be surprise by Bitcoin? Is the profit, the percent growth of Bitcoin? So, if the Bitcoin price become stable, only that time the government accepted Bitcoin is the primary currency or important asset like Gold can help Bitcoin won't be die. Other situations all make Bitcoin will be die by the community.
newbie
Activity: 161
Merit: 0
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 bitcoin popularity will last for the long run if the price would become stable for its possible certain amount. The market will become dead and there is also a zero growth for the numbers of investors. And aside from that its popularity will not be as same as today but it will be taken by an altcoin which can have the ability to take over the rulership over cryptocurrencies.
And this will be the totally truth about the rumor against bitcoin which the term "bitcoin is dead"
member
Activity: 243
Merit: 10
I think it will still be as popular as now, since the current status of btc now is also stable, still people continue using it. As long as it provides benefits to the users, it will continue to be popular.
hero member
Activity: 896
Merit: 500
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. It will be dead. One of the asset of bitcoin is the rise and fall of the price, when it rise it is possible that the price from its former great position will become more higher. And because of this many are getting interested in bitcoin. Also if the price will become stable it will be like a traditional bank that the money of the investors is sleeping so why would you invest to it if bitcoin and traditional bank is not different.
Yes true, if the bitcoin price is stable then it will never make people interested to use bitcoin, the biggest reason people have bitcoin is hope someday expensive price to get profit, if the price is stable of course people prefer payment system that is currently strong that is Paypal.
full member
Activity: 420
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 thinkbthey would not be as popular as it is today and they will not that bloom all aoround the world and the non investors like the normal people like students and mothers that have money to afford bitcoins will not buy bitcoins if the bitcoins are not volatile because the only thing because they are buying bitcoins is because of the future investment because the bitcoins value rises from time to time and the people like that their money rises even if they are not doing anything.
legendary
Activity: 910
Merit: 1001
Revolutionizing Brokerage of Personal Data
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. It will be dead. One of the asset of bitcoin is the rise and fall of the price, when it rise it is possible that the price from its former great position will become more higher. And because of this many are getting interested in bitcoin. Also if the price will become stable it will be like a traditional bank that the money of the investors is sleeping so why would you invest to it if bitcoin and traditional bank is not different.

Yes, its stability would kill its popularity and finally Bitcoin price would go down and even come to zero. Volatiliry arises the people’s interest to the coin and let them trading with a hope to get profit.
The Bitcoin price can not be stability because its trend is just beginning. If Bitcoin does not want to be die soon, it needs to create more fluctuation in the value to make the world surprise more about its price. Of course, the trader also can have more profit or more loss by this fluctuation, but it is still better than a quiet market.
legendary
Activity: 1274
Merit: 1004
I think yes if Bitcoin was stable from the starting then people will also join it just like they do with the PayPal and other payment methods. I am not sure that it can get the current number of users who are in the market because of the price instability. As we already know that more than 40% of the total Bitcoin population joined because of the trading grounds. So if the price was stable then also we are going to get a lot of features like the transparent Network and heavy security which nobody else is providing right now.
newbie
Activity: 75
Merit: 0
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?

Im no sure if still popular if bitcoin have a stable prices. If it will take as investment it will be more popular. People will buy it at lower price and will sale at reasonable price
sr. member
Activity: 504
Merit: 250
It depends on what price will be during its stability, and also I think that bitcoin is popular because the price is unstable and it can grow in a good amount
full member
Activity: 532
Merit: 148
Stable price would surely attract more users to Bitcoin, but aren't we all here looking for a price increase , a big price increase in future time span of 5-10 years? Basically I am looking for that and collecting BTC until that time, so I am only worried for the price of Bitcoin up rather than many other people joining it, although many other people joining it will result in a price increase.
It will be still popular because the price is big.
newbie
Activity: 91
Merit: 0
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, It would not be a popular if BTC price is stable. The reason why BTC became popular Because of the unstable price or value of which the investor attracted to invest. The low value of BTC the more investor would be interest to invest. The moment the BTC pump up the chances of investor to trade or to sell their tokens. That's why BTC became famous.
sr. member
Activity: 882
Merit: 251
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. It will be dead. One of the asset of bitcoin is the rise and fall of the price, when it rise it is possible that the price from its former great position will become more higher. And because of this many are getting interested in bitcoin. Also if the price will become stable it will be like a traditional bank that the money of the investors is sleeping so why would you invest to it if bitcoin and traditional bank is not different.

Yes, its stability would kill its popularity and finally Bitcoin price would go down and even come to zero. Volatiliry arises the people’s interest to the coin and let them trading with a hope to get profit.
member
Activity: 350
Merit: 10
I do not think that he would be so popular if he had a stable price, he is from that and is known to many people that the price for him is fickle
full member
Activity: 518
Merit: 101
Yes, it more be popular' it will be highly use as mode of payment and highly accepted by the business and service provider because of it price stability. The bitcoin user will be secured in holding their coin and feel free to invest..

But what really makes bitcoin popular is due to its market value that is so high making other people curious and attracting investors to invest on it. Satoshi Nakamoto's plan of making bitcoin as a digital currency for payment seems change to investment now.
jr. member
Activity: 69
Merit: 2
Yes, it more be popular' it will be highly use as mode of payment and highly accepted by the business and service provider because of it price stability. The bitcoin user will be secured in holding their coin and feel free to invest..
newbie
Activity: 191
Merit: 0
I don't think so, because base on my opinion I think people know about bitcoin because of being volatility. Maybe for those who are a trader and saver use the volatility of bitcoin as an advantage to earn more profit and saying their experience to many people that bitcoin is good because of it non stable price. So in this case bitcoin will become popular.  Smiley
member
Activity: 336
Merit: 10
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 would make bitcoiners, traders etc. feel much more secured and safe. If that happens, it will really become much more popular than its status today.
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