Pages:
Author

Topic: If Bitcoin had a stable price, would it still be as popular? - page 8. (Read 171762 times)

full member
Activity: 449
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?
Bitcoin is already bitcoin it is already famous it will be stable now. I think when bitcoin become stable in price people will grab bitcoin because they can hold as much as they can no risk at all.
sr. member
Activity: 504
Merit: 252
If the bitcoin price is stable it will be difficult to grow as it is today, when all things are full of uncertainty then this makes everyone speculate to buy bitcoin. besides, there will be no dev. who are interested in investing into bitcoin because the price is stable then everything is very predictable.
full member
Activity: 462
Merit: 100
Why wouldn't it be popular when it has a stable price. I believe when Bitcoin has been well understood as boringly financial assets by many people, the price will stabilize.
I dont think that bitcoin is we will be very popular if it has a stable price, why? Because people we will not invest there money on bitcoin if the price of bitcoin is we will be stable, right now almost all people are smart and the people wants is to invest if there money is we will be x2 or even x3.
hero member
Activity: 980
Merit: 502
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 have been this popular if bitcoin’s price would have been stable. Those is because bitcoin is used to make money and bitcoin is a very good platform to make money. One can make profit by investing in bitcoin because it’s price fluctuates so it has high probability of increasing resulting in high profit. So bitcoin’s instability is its greatest strength and its greatest weakness. And because of this bitcoin has gained very high amount of popularity.
member
Activity: 319
Merit: 11
No i don't think so , a lot of people wouldn't have been attracted to it. Most people came to make money and a few came because they like the technology.
I think if the price of Bitcoin is stable more people will invest in it as they will be sure they wont be at a loss. We should try to make Bitcoin price stable for larger amount of people and unstable prices only favor handful of traders, but I think it's very hard.
Do you want the Bitcoin become stable? Sorry, but it is impossible. You have to know the interestest things of Bitcoin is its volatility. No one wants to put many money to invest a stable asset, because it does not help them have good profit.
Impossible?, Bitcoin mining is not forever and so the supply is. After all mining done, Bitcoin price is expected to become stable.
Quote
No one wants to put many money to invest a stable asset, because it does not help them have good profit.
Not all traders are at the same level of risk appetite, some are still finding safer haven, and some are hard traders who choose not only risky but too risky trades.
jr. member
Activity: 140
Merit: 1
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.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
No i don't think so , a lot of people wouldn't have been attracted to it. Most people came to make money and a few came because they like the technology.
I think if the price of Bitcoin is stable more people will invest in it as they will be sure they wont be at a loss. We should try to make Bitcoin price stable for larger amount of people and unstable prices only favor handful of traders, but I think it's very hard.
Do you want the Bitcoin become stable? Sorry, but it is impossible. You have to know the interestest things of Bitcoin is its volatility. No one wants to put many money to invest a stable asset, because it does not help them have good profit.
jr. member
Activity: 238
Merit: 2
No i don't think so , a lot of people wouldn't have been attracted to it. Most people came to make money and a few came because they like the technology.
I think if the price of Bitcoin is stable more people will invest in it as they will be sure they wont be at a loss. We should try to make Bitcoin price stable for larger amount of people and unstable prices only favor handful of traders, but I think it's very hard.
If bitcoin had a stable price, it will not be popular anymore. One of the reason why it is popular is because it is decentralized or in other words, the price of it goes up and down. That is why there are investors who are investing in btc so that they can get profit when the btc goes up in price and sell their btc.
hero member
Activity: 896
Merit: 500
No i don't think so , a lot of people wouldn't have been attracted to it. Most people came to make money and a few came because they like the technology.
I think if the price of Bitcoin is stable more people will invest in it as they will be sure they wont be at a loss. We should try to make Bitcoin price stable for larger amount of people and unstable prices only favor handful of traders, but I think it's very hard.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
No i don't think so , a lot of people wouldn't have been attracted to it. Most people came to make money and a few came because they like the technology.
If the price of bitcoin is stable then a lot of people are still attracted into it because they like the technology like you said because the technology is the real value of bitcoin and because of the technology of bitcoin, a lot of ideas will created that could possibly help the world to become better and have a very bright future that is waiting for us.
jr. member
Activity: 182
Merit: 1
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Bitcoin will be more popular if it has a stable price. Especially when people can buy or sell their fait and also get their money
full member
Activity: 214
Merit: 100
No i don't think so , a lot of people wouldn't have been attracted to it. Most people came to make money and a few came because they like the technology.
legendary
Activity: 1442
Merit: 1025
For me if bitcoin had a stable price, it will be much popular.
No, it would not have much popular under those circumstances and the reasons are very clear. Bitcoin is here to make investors gain big profits by buying it at low rates and selling it off during pumps. This would not have been possible if bitcoin had stable prices just like gold. Volatile nature of the bitcoin is the only reason why gold investors are much inclined towards crypto market especially bitcoin.
member
Activity: 140
Merit: 10
Fast profits can be made in many ways. Right now they have most been done through volatility, i.e. Bitcoin price (value) moving up and down in huge swings. If you are lucky to catch the movement right (i.e. buy when the price is low, and sell when the price is high), you would without doubt earn decent profits
member
Activity: 252
Merit: 10
You have to think outside the box dude, the price nowadays is not stable that is why it is popular to the investors and traders alone however in the future if the price will be stable it will be popular to the online merchant and the shoppers, so if you will analyze the bigger popular are from those who spend online
jr. member
Activity: 193
Merit: 4
Bitcoin can never have a stable price due to it volatile nature which add flavor to the whole technology behind bitcoin.
hero member
Activity: 644
Merit: 500
Well, it depends: high volatility is a plus for experienced traders, but for the normal economy this instability make bitcoin practically useless.
When bitcoin will be more stable, it will be even more popular.
At the present moment, everyone is trying to increase his capital and I am afraid that it will become almost, no totally impossible to achieve this if bitcoin becomes stable. If there won’t be any fluctuations, there won’t be any change in the capital.

Moreover, if bitcoin become a lot more expensive than what it is now, only then it can become more popular as a normal economy.
newbie
Activity: 110
Merit: 0
I think bitcoin is still popular because the price is stable or not can not determine the bitcoin becomes more popular or not
about how to spread this beutiful thing into the world
and convinced people to accept bitcoin well
having a stable price will make bitcoin like any other currency, bitcoin will be not as unique as it is now.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
since bitcoin is almost stable, its dominance has dropped so I think we have our answer!  Grin
Exactly just observe the market now. These days, bitcoins have dropped down to low value and prices are continuously working and revolving in these figures. It seems to have a stable price of bitcoins in one level or round. So just see how people are reacting, some are leaving this world of bitcoins. Some are selling in panic, some are just buying altcoins for bitcoins. So yes answer is clear.
newbie
Activity: 168
Merit: 0
It depends upon on how much price in stable, if price is at the bottom, it will affect popularity, and cause less people use and access bitcoin, but if the stable price is at the top or much more higher than today's price, the popularity also of bitcoin is more than like today and popularity even more increase also with high increase of people use and access bitcoin.
Pages:
Jump to: