If Bitcoin had a stable price, would it still be as popular? - page 84.

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Quote from: grermezter on May 08, 2017, 12:28:58 PM

Bitcoins popularity has nothing to do with if it's price not being stable, it's popularity is due to the fact that's it's highly anonymity and and the fact that anyone can easily mine and get something from it unlike Perfect Money which can only be bought

Most people don't need even the level of anonymity that Bitcoin offers

As it has been told numerous times, Bitcoin is pseudoanonymous, and there are quite a few coins that are truly anonymous as far as anonymity goes. But if people loved Bitcoin precisely for that feature (as well as mining, which is available only to few nowadays), why we don't see the tremendous success of the coins that offer genuine, hard to break anonymity? I guess you should make a few simple reality checks to gets things lined up properly. Most people are involved in Bitcoin because it is easy to earn profits with it (the notorious "buy low say high" catch phrase)

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Quote from: lukmandog on May 08, 2017, 11:18:42 AM

Bitcoin is definitely more popular if price has stabilized. Because people will make bitcoin as an investment choice for the future.

LOL. If the prices are stable, why would they invest their money in thiss crypto? Where can they have the profit from it? Think wisely before saying something here because it makes you look like a fool

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Bitcoins popularity has nothing to do with if it's price not being stable, it's popularity is due to the fact that's it's highly anonymity and and the fact that anyone can easily mine and get something from it unlike Perfect Money which can only be bought.

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Bitcoin is definitely more popular if price has stabilized. Because people will make bitcoin as an investment choice for the future.

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Quote from: qiwoman2 on May 08, 2017, 10:25:09 AM

Interest would be higher in the Consumer Industry as opposed to the store of wealth side. Now speculators, traders and savers adore bitcoin because of the dream of becoming rich one day satisfies their curiosity. It Bitcoin prices were stable then the interest would switch more to merchants and consumers.

That is exactly the point I was talking about. It would still be popular but for another kind of crowd as it becomes a real stable currency. Right now traders are enjoying the volatility of Bitcoin in which they can profit because of its ever changing price, if it becomes stable it will make the traders look for another way to profit as there is no way for them to be able to profit as to what they are earning before Bitcoin was stable. Now if Bitcoin will be stable, businesses would likely accept it as a mode of payment because it will make their earnings accurate compared to Bitcoin being an unstable currency.

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Interest would be higher in the Consumer Industry as opposed to the store of wealth side. Now speculators, traders and savers adore bitcoin because of the dream of becoming rich one day satisfies their curiosity. It Bitcoin prices were stable then the interest would switch more to merchants and consumers.

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Quote from: stomachgrowls on May 08, 2017, 09:58:40 AM

Quote from: betlord90 on May 08, 2017, 09:51:33 AM

Quote from: Watershin on May 08, 2017, 09:24:49 AM

Quote from: chickenado on May 08, 2017, 07:56:27 AM

Quote from: PinkLlama on May 03, 2016, 05:37:56 AM

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 be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

Now a days people on darkweb have a workaround the bitcoin, they are now using monero which is a truely anonymous cryptocurrency as compared to bitcoin which is pseudoanonymous, so that the feds can't trace the transactions used to buy the drugs or other illegal stuff.

Monero is quitely pretty stable coin and people on darkweb makes it as alternative but still bitcoin is their main choice since anonimosity can be cover up by those mixers that can make their transaction untracable. But can you see any people here claiming that they are using monero? i think no but what will be happen if bitcoins price will go stable? I think people will find another altcoins that has good flactuation and try to earn with it as much as possible.

Price volatility is the main reason why do most people do like to engage on bitcoin or on other crpytocurrency because with this they can able to produce income because of the volatility and if bitcoins price would become stable then for sure it would really lessen its popularity because of that matter and assume that most people will surely switch off on to another coin.

Trading with cryptocurrencies are what excites people, including me, it's because of the volatility and I agree with you. It can be one of the best things that you could have or the worst because you can never expect the price or correctly predict the price. It's hard but knowing the right coins to input is helpful.

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I think if the price went constantly down it would lose popularity. Price has to go up long term to keep new interest. Even with the current slow increase we've been having over last year or so its still not enough to get people interested. Bitcoin social media is quiet still unless we get new ATHs.

i agree with you if bitcoin drop its price then people will be never interested in bitcoin but bitcoin more increasing its price and a lot of people want to adopt the bitcoin and bitcoin price depend on adoption of bitcoin when adoption increase then bitcoin price already increase and when adoption decrease then bitcoin price already decreasing.

Yes, I agree! Price really matter. Why people now are getting interested with bitcoins? I think its because of its continuously increasing of price was the main reason. People are always looking for the best digital currency of crypto currency, like what they said, Collect and Select. Among all, bitcoins reach the highest price and got more popular and popular, Many investors also recognise bitcoins and invest for it. If its price was stable and too small, it might be left behind.

We can be more specific I guess, the price matters and it would be better for us to see bigger prices of bitcoin. With the price increasing it encourage us to put our money in bitcoin because we are thinking it as our investment and hoping the future will be great for us.

YES, price is matter to those who used bitcoin as business or used to earn profit but how about others used this as payment transaction. This is a global currency it increase and decrease based on the investor who want to invest, how about if they don't want to invest? will be bitcoin will be dead in the future? I don't think so, but tom avoid that others use this to buy things or use to earn bitcoin by bitcointalk and join in signature campaign to earn money. Since it's not a cash but there's a same value of cash.

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Quote from: betlord90 on May 08, 2017, 09:51:33 AM

Quote from: Watershin on May 08, 2017, 09:24:49 AM

Quote from: chickenado on May 08, 2017, 07:56:27 AM

Quote from: PinkLlama on May 03, 2016, 05:37:56 AM

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 be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

Now a days people on darkweb have a workaround the bitcoin, they are now using monero which is a truely anonymous cryptocurrency as compared to bitcoin which is pseudoanonymous, so that the feds can't trace the transactions used to buy the drugs or other illegal stuff.

Monero is quitely pretty stable coin and people on darkweb makes it as alternative but still bitcoin is their main choice since anonimosity can be cover up by those mixers that can make their transaction untracable. But can you see any people here claiming that they are using monero? i think no but what will be happen if bitcoins price will go stable? I think people will find another altcoins that has good flactuation and try to earn with it as much as possible.

Price volatility is the main reason why do most people do like to engage on bitcoin or on other crpytocurrency because with this they can able to produce income because of the volatility and if bitcoins price would become stable then for sure it would really lessen its popularity because of that matter and assume that most people will surely switch off on to another coin.

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Quote from: Watershin on May 08, 2017, 09:24:49 AM

Quote from: chickenado on May 08, 2017, 07:56:27 AM

Quote from: PinkLlama on May 03, 2016, 05:37:56 AM

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 be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

Now a days people on darkweb have a workaround the bitcoin, they are now using monero which is a truely anonymous cryptocurrency as compared to bitcoin which is pseudoanonymous, so that the feds can't trace the transactions used to buy the drugs or other illegal stuff.

Monero is quitely pretty stable coin and people on darkweb makes it as alternative but still bitcoin is their main choice since anonimosity can be cover up by those mixers that can make their transaction untracable. But can you see any people here claiming that they are using monero? i think no but what will be happen if bitcoins price will go stable? I think people will find another altcoins that has good flactuation and try to earn with it as much as possible.

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Quote from: Ani1985 on May 08, 2017, 02:13:30 AM

I would still choose the bitcoin although the price stable, this is because a lot of great features when I use bitcoin, thus with a stable price make a certainty, so if I'm investing with funds then there will be a big loss.

Indeed basically bitcoin has features and also the sophistication of a pretty good compared to other currencies. In addition to the sophistication or the prominence of bitcoin, we can get an advantage in investing or just save your bitcoin. Where when we buy bitcoin in price low, then save it and after prices rise very high on sale. Then it's something pretty good investment and highly profitable, but you need to instill that all require a process

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Quote from: chickenado on May 08, 2017, 07:56:27 AM

Quote from: PinkLlama on May 03, 2016, 05:37:56 AM

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 be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

Now a days people on darkweb have a workaround the bitcoin, they are now using monero which is a truely anonymous cryptocurrency as compared to bitcoin which is pseudoanonymous, so that the feds can't trace the transactions used to buy the drugs or other illegal stuff.

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Quote from: chickenado on May 08, 2017, 07:56:27 AM

Quote from: PinkLlama on May 03, 2016, 05:37:56 AM

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 be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

It will still be popular, but it doesn't add value on a large scale because in fiat we also know about fluctuations, the more significant bitcoin fluctuations make it a favorite currency among cyberspace, and theoretically higher than gold enthusiasts.

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Quote from: PinkLlama on May 03, 2016, 05:37:56 AM

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 be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

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Quote from: Ani1985 on May 08, 2017, 02:13:30 AM

I would still choose the bitcoin although the price stable, this is because a lot of great features when I use bitcoin, thus with a stable price make a certainty, so if I'm investing with funds then there will be a big loss.

I never thought that Bitcoin is popular because of its unstable price. I think if bitcoin had a stable price there would be more investors in bitcoins as some people fear the feeling of loss due to high shift of price Up and down. I hope bitcoin price become stable so more small investors can also invest in bitcoin with more security.

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Quote from: n0ne on May 04, 2017, 01:33:16 AM

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Quote from: HongKong on May 03, 2017, 07:12:00 PM

If Bitcoin had a stable price range and didn't go up or down ever then I wouldn't look at the charts as much to see how many people were using Bitcoin. Since Bitcoin is really volatile and the price movement is what most of the people on this forum look for, there would be a small amount of threads being made about the price and the whole Bitcointalk website activity will have a huge decrease. I am sure that this website wouldn't have that much people talking to each other too.

actually things make bitcoin popular not only about price , people nowadays are too naive to call that price are everything . but it is not , once bitcoin has been used and adopted globally almost with everybody who live in this world just like they use fiat .

the price will not as necessary as people thought now i guess , let's see.

You cannot completely deny that the price is not an important factor to get the attention of the common people. Actually in the beginning when it was worthless it haven't gained popularity, only the people who have good knowledge about the technology adopted it. Later on slowly the innovative frame work generated a value for it as well the unique features made user give a try on it and slowly things changed and has now been popular to be used as a currency.

i am not saying the price not important by the way , i just think it is not the real point.

there is a lot of factors out there which have bigger effect into bitcoin development . people nowadays still focus on one thing only and it was the price. i will against those people who keep saying that , and for the records i am not completely deny about it. i still believe price necessary but not that much.

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Quote from: Dimelord on May 07, 2017, 06:45:41 AM

But on the other side,traders who make profits mainly due to bitcoin's price variation would lose their interest in buying bitcoins which would lead to decrease in demand for bitcoins and bitcoin price would decrease gradually

But isn't that what most traders are interested in?

That is, in price decrease so that folks could go for the "buy low" part of the "buy low sell high" mantra? Why don't you have the courage to make a step ahead and draw a conclusion that stable prices in Bitcoin are effectively impossible due to its speculative nature, i.e. precisely because of the traders who are looking for quick profits? It is a self-sufficient and sort of self-supporting scheme. As soon as prices only start turning more stable, the lost interest will destabilize them as fast

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Quote from: hasiramasenju on May 03, 2016, 10:13:50 AM

there is no stable prices for bitcoin because every currency have fluctuatif prices including bitcoin because sometimes it will down and for next day could be rise up and for bitcoin even though the prices looks unstable but currently many people in my country already use it and volume trade also on my local exchange is pretty high

Yes, there is no stable prices see this link (http://bitcointicker.co/). Obviously, the price of bitcoin is fluctuating. Even it rise or fall, bitcoin still popular to all bitcoin users and for other people who have an interest in this kind of business. It is very nice to be stable at a higher value to increase the value of my wallet savings.

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Quote from: Ani1985 on May 08, 2017, 02:13:30 AM

I would still choose the bitcoin although the price stable, this is because a lot of great features when I use bitcoin, thus with a stable price make a certainty, so if I'm investing with funds then there will be a big loss.

I will not do the same, if bitcoin does have stable price for sure many are not going to use it because we can still depend to fiat money.

But because of it's ability that it doesn't have a stable price, many loves to invest to this great crypto currency.

And for sure it will not be popular right now if it's not because of it's decentralization and unstable price.

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Quote from: Sled on May 08, 2017, 12:40:26 AM

Quote from: mornabo on May 07, 2017, 10:20:19 PM

Quote from: Dimelord on May 07, 2017, 06:45:41 AM

Quote from: PinkLlama on May 03, 2016, 05:37:56 AM

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 Bitcoin had a stable price,definitely more merchants would come forward to adopt it since they avoid bitcoin payments mainly due to its price fluctuation.
But on the other side,traders who make profits mainly due to bitcoin's price variation would lose their interest in buying bitcoins which would lead to decrease in demand for bitcoins and bitcoin price would decrease gradually.

I think even though the price of fluctuating bitcoin though. It will not harm merchants because they have a system where if you pay with bitcoin. Then the bitcoin will be converted directly to fiat

I think not all the time bitcoin will converted automatically to fiat because some of the merchants that accept bitcoin just directly go to their bitcoin wallet and it is not that easy for them to convert to fiat because as what you have said, there is fluctuation for the price and that is why it is not always good for them to convert bitcoin to fiat because they might get a loss.

It will be all the time to convert his bitcoin amount to the fiat due to avoid the volatility of bitcoin and they are want to spend a little time for exchange his bitcoin for fiat.

Too running his business and it will not be possible just hold your bitcoin in your wallet especially if the price of bitcoin gets down due the bearish trend and they have a loss.

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