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Topic: If Bitcoin had a stable price, would it still be as popular? - page 77. (Read 171763 times)

sr. member
Activity: 1197
Merit: 482
It'd still be popular with investors, just not as much with traders is my opinion. Of course if that stable price was 0.0000001 USD like many bankrupt penny stocks then it wouldn't be popular with anyone except as a tax write off.
legendary
Activity: 3094
Merit: 1069
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A stable price will reduce the popularity of bitcoin, because most users use it only for earnings. With a stable exchange rate, it will simply be an electronic currency which is complete.

Nah dude, i'm not sure about that. There's also have a good affect if bitcoin had a stable price, i'm sure bitcoin will still popular even the price of bitcoin become stable. A stable price is good for long investment though.

In my personal opinion If it was stable, it would have been easier to use bitcoins as day to day currency, but due to its limited supply and increasing difficulty, it's price will keep on rising until people won't afford to buy it and will become worthless oneday.
sr. member
Activity: 532
Merit: 250
A stable price will reduce the popularity of bitcoin, because most users use it only for earnings. With a stable exchange rate, it will simply be an electronic currency which is complete.

Nah dude, i'm not sure about that. There's also have a good affect if bitcoin had a stable price, i'm sure bitcoin will still popular even the price of bitcoin become stable. A stable price is good for long investment though.
sr. member
Activity: 924
Merit: 275
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 it would not be popular. One of the quality of the bitcoin that many people are always attracted is because of the price. The price is the main reason why bitcoin is popular.
hero member
Activity: 641
Merit: 505
I don't think that if Bitcoin had a stable price, it would be this much popular because most people buy and invest in Bitcoin for the potential gains and returns they see on their investment. It's the volatility of Bitcoin which makes it one of the better investments available out there.
I agree with that. Some people are only interested in bitcoin because they know that they can have earnings with the use of it. The sudden increased in the price of bitcoin, caused by the investments, have attracted many people to be interested in it.

Months ago, I was trying to explain to a friend what bitcoin is, I told him how useful it is and etc. I also told him that I have been saving up money because of earning bitcoin online. He just shrug about it and I can see the doubt in his face. He asked me how I do it and explained it to him politely but he told me that he is not interested at all and he also told me that he thinks that he can’t do what I am doing. I feel so sad after that. But yesterday, his chat suddenly pops out and it contains questions about bitcoin. He mentioned about the video of an 18-year old guy who is now a billionaire at that age because of bitcoin. This clearly shows how someone can suddenly be interested in something he once thought that was just a scam.
hero member
Activity: 2548
Merit: 950
fly or die
There is stable and there is less volatile.

Less volatile could be good.

Stable would mean the death of BTC. At the very least it should grow some % every year, just because it's not being printed like fiat currencies are.
sr. member
Activity: 1988
Merit: 453
A stable price will aid in popularizing the crypto-currency. Right now, many of the merchants are hesitant to accept Bitcoin, due to its volatility. And since confirmations take 2-3 hours sometimes, this volatility can create a lot of issues. If the exchange rates become stable, then a lot more merchants and websites will be ready to accept payments in Bitcoin.
hero member
Activity: 3052
Merit: 606
I don't think that if Bitcoin had a stable price, it would be as popular because most people who invest in and trade Bitcoin rely on its volatility for everyday's profit. Stable price also means slow growth which can also reduce bitcoin's popularity.
Bitcoin is now popular because of the price volatility, it does serve the interest of the traders like me and I am happy to trade with this kind of nature since I can actively earn. Choosing the best price is easy and especially now the most altcoins are dumping, I am wishing I have more money to buy cheap coins right now because I believe it will be back up soon.
legendary
Activity: 3038
Merit: 1024
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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?
I think no. It would not be a popular if the worth of the bitcoin will have a stable price. The main reason why the people want and attract to the bitcoin because of the price that is always continuing to go up.
The price of bitcoin will stable at $10 and those will never try to bought bitcoin. The main reason those are interested with bitcoin caused by its volatility give a big chance for everyone to play in the trade or money generator.
It will not be popular as now.
member
Activity: 106
Merit: 100
A stable price will reduce the popularity of bitcoin, because most users use it only for earnings. With a stable exchange rate, it will simply be an electronic currency which is complete.
sr. member
Activity: 462
Merit: 250
I don't think that if Bitcoin had a stable price, it would be as popular because most people who invest in and trade Bitcoin rely on its volatility for everyday's profit. Stable price also means slow growth which can also reduce bitcoin's popularity.
full member
Activity: 378
Merit: 111
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?
In my own point of view if bitcoin has a stable price i think bitcoin would be the same because it's not about the price it's about the people, if we kick out all of the scammers here many people would like to join here for them to think that bitcoin is very legit and not a scam.
full member
Activity: 154
Merit: 100
Cindicator Bounty Manager
Price stability can attract many new people to invest their money in bitcoin as they will start treating it as a currency
full member
Activity: 182
Merit: 100
In my opinion bitcoin is become more popular because the people and the investors see the price of bitcoin is stable. And i think more have invest in bitcoin on its stable price. More has interested because of its stable price its still popular. Many people and especially investors also attract to invest in bitcoin because of its popularity and investors believe they can get good profit. If the bitcoin is stable price its a greater chance to accept bitcoin in all shopping and online shopping. And still its become popular because of in demand. If become popular it helps the economy of the country.
sr. member
Activity: 756
Merit: 268
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?
In my own opinion if bitcoin has a stable price and a high price it could be popular becauseany people will be more interested to use bitcoin for an extra income. It is very easy to persuade people if has a relation to earning money.
sr. member
Activity: 1148
Merit: 300
i think the more interesting part of the bitcoin is the price ..the unstable price that make everybody excited about it.
if this called bitcoin has an stable price
everybody had not yet having a chain of it and maybe everybody got nothing to do with it..ang it ends to...make the people have no interest of it


Posted From bitcointalk.org Android App
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
I don't think that if Bitcoin had a stable price, it would be this much popular because most people buy and invest in Bitcoin for the potential gains and returns they see on their investment. It's the volatility of Bitcoin which makes it one of the better investments available out there.

Correct. Many of the users came to bitcoin not because of stability but the vice versa.
With its huge waves of movement there is a lot of room for profit that is why they want to join that wave.
Without that, there might be users but not this many.
I came here for that reason and I know many of us do also.
With just a stable price then I would rather invest my Peso into USD which got movements also or maybe gold or copper.
hero member
Activity: 1190
Merit: 541
I think it would be more popular for rich people, because all rich people will found out that bitcoin is really good for long term investment because the price of bitcoin that keep stable even 5-10 years. But for traders, i think they will not trade on bitcoin anymore. Because the price that stable and hardly to decrease or increase.
Yeah you are right Bitcoin will be more popular when Bitcoin price will stable because there is a lot of people using Bitcoin as money for online shopping and for other online transaction and a lot of people sending their money in Bitcoin to anywhere easily and a lot of people save their money in Bitcoin but it will be too much difficult for traders no one will be trade the Bitcoin if Bitcoin price will stable .
sr. member
Activity: 462
Merit: 250
I don't think that if Bitcoin had a stable price, it would be this much popular because most people buy and invest in Bitcoin for the potential gains and returns they see on their investment. It's the volatility of Bitcoin which makes it one of the better investments available out there.
sr. member
Activity: 1456
Merit: 359
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. It would not be a popular if the worth of the bitcoin will have a stable price. The main reason why the people want and attract to the bitcoin because of the price that is always continuing to go up.
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