Topic: If Bitcoin had a stable price, would it still be as popular? - page 80. (Read 171763 times)
If the price of bitcoin will be stable then it will be possible to earn money on investments and deposits. This can significantly reduce the demand for bitcoin because it will cease to be different from conventional currencies. All that is valuable in the present situation that every owner of bitcoin can earn without risk. I hope it will be a long time.
there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.
I am very much optimist person about the bright future of bitcoin.
If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.
No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
into bitcoin than in altcoins, also this means that it's buying time for altcoins while bitcoin remains hot.
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 gains more attention due to its volatile nature.If bitcoin had a stable price,then more merchants would come forward to accept bitcoin as payment since they don't have any risk of loss due to price fall.
On the other hand,traders who get profits mainly due to the price variations in bitcoin would loose their interest in buying and trading bitcoins and would start moving to some other altcoin.
Which is practically the foundation of bitcoins. The merchants will come to us eventually. Making the price of bitcoin stable just for the merchants to accept it is such a foolish move. But it also has its advantage. Since they will be accepting bitcoins then, and then bitcoin dies and people moves to a different cryptocurrency, then maybe they can also adopt that currency even though it's volatile. What I mean to say is that it will at least familiarize them to the basics of bitcoin.
Anything having a stable price is actually impossible since everything is based on supply and demand even the ones that weren't meant to be like that. Scarcity will always give value to something.
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 gains more attention due to its volatile nature.If bitcoin had a stable price,then more merchants would come forward to accept bitcoin as payment since they don't have any risk of loss due to price fall.
On the other hand,traders who get profits mainly due to the price variations in bitcoin would loose their interest in buying and trading bitcoins and would start moving to some other altcoin.
I think merchants would come forward to accept bitcoin as payment only if the transactions work normally as it was before and with low fees. Stable price isn't enough to make merchants accept it.
Big delay and uncertain transactions make merchants fear to accept it, because you can buy a product and pay, but at some point the transaction is cancelled, you receive the product and the seller doesn't receive the payment.
there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.
I am very much optimist person about the bright future of bitcoin.
If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.
No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
into bitcoin than in altcoins, also this means that it's buying time for altcoins while bitcoin remains hot.
there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.
I am very much optimist person about the bright future of bitcoin.
If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.
No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
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 gains more attention due to its volatile nature.If bitcoin had a stable price,then more merchants would come forward to accept bitcoin as payment since they don't have any risk of loss due to price fall.
On the other hand,traders who get profits mainly due to the price variations in bitcoin would loose their interest in buying and trading bitcoins and would start moving to some other altcoin.
there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.
I am very much optimist person about the bright future of bitcoin.
If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.
No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.
I am very much optimist person about the bright future of bitcoin.
If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.
No, the stability of bitcoin will not bring him the same popularity as gold. Bitcoin is becoming popular only because of the rapid price increase, and stability will deter investors.
there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.
I am very much optimist person about the bright future of bitcoin.
If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.
there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.
I am very much optimist person about the bright future of bitcoin.
If the bitcoin is very stable in price, like the gold, then many people will use it as a currency.
there is nothing is stable in the real life, even your life is not stable. so how can a price be stable? whatever the case is bitcoin is getting popular and stronger day by day, it will become a global currency one day.
I am very much optimist person about the bright future of bitcoin.
I am very much optimist person about the bright future of bitcoin.
Stable or not,bitcoin will still be popular especially to the people who don't have stable jobs.Even people with regular jobs still find it interesting,where they can be properly compensated.
Why people with stable jobs? Those people can barely afford to eat or get a decent apartment. I think you're just saying that because you know a couple of people that went to earning bitcoins full-time instead of looking for a regular job. The reason why they did that is probably because the payrate in their country is much lesser than what they can get from joining bounty campaigns in this forum or from trading.
But the rest of the people that have no stable jobs? They are out there. Grinding, doing all the things that it takes just to get some money. They would literally do anything just to have some money. They can't get a stable job because most of their jobs are labor stuffs (they get paid just as long as their contract).
Stable or not,bitcoin will still be popular especially to the people who don't have stable jobs.Even people with regular jobs still find it interesting,where they can be properly compensated.
What ever the price condition of bitcoin is, may it be stable or not, It will still be as popular or probably more popular since the change in high volatility to stable price will add more audience to bitcoin. Probably some will leave but definitely lots will join in. That how market works.
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.
This is true. Many people dont need bitcoin right now. As the dollar goes down in value every year and bitcion goes up, more people will see the benefits. Especiallg if better updates happen.
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 Bitcoin will not be as popular as it is today if it had a stable price to begin with. I believe that its popularity remarkably appreciated because of its suddenness in increase or decrease of value. One time you may realize you have more money than the time when you started investing with Bitcoin, and one time you may realize you have lesser money than the time when you started investing with Bitcoin. It can either go both ways. Its volatility is what makes it attractive to investors.
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From unstable prices we get an advantage, because btc rotation is fast, the more bitcoin purchases, the more transactions. you can buy bitcoin and sell it again 1 minute later, this is what attracts internet users to know bitcoin. And if the bitcoin price is satabil, or just a slight price increase, I guess bitcoin is done, can only use it to buy something and can not resell it. Because I'm sure people are looking for profitable businesses. So let the bitcoin stay in place and let the bitcoin price stay that way.
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 Bitcoin will not be as popular as it is today if it had a stable price to begin with. I believe that its popularity remarkably appreciated because of its suddenness in increase or decrease of value. One time you may realize you have more money than the time when you started investing with Bitcoin, and one time you may realize you have lesser money than the time when you started investing with Bitcoin. It can either go both ways. Its volatility is what makes it attractive to investors.
If it had a stable price, the rules of traditional forex would play out and probably have smaller fluctuations. I think it will be since it has built a very good reputation in the world.
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?
Right now the popularity of bitcoin seems to be tied ti its changing and fluctuating nature but as more people get into bitcoin that is going to change fast since the average user is going to want to just spend his coins. Jump to: