If Bitcoin had a stable price, would it still be as popular? - page 91.

TheUltraElite

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Quote from: nasipadang on April 25, 2017, 08:23:25 AM

Yes it will probably be like gold in digital form but I'm not sure it will happen because bitcoin is decentral and bitcoin holders will not get much profit, I like the fluctuating bitcoin

It wont be happening anytime soon considering the importance as a trading commodity in people's minds. Many traders are thriving on the fluctuation in prices, making daily profits there and thus leveraging the market even more. That drives the economy and the price of bitcoin considering a local currency. If it get stagnant then traders are likely to sell some coins - while others will buy it - so the stagnancy will be temporary and not permanent.

nasipadang

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Yes it will probably be like gold in digital form but I'm not sure it will happen because bitcoin is decentral and bitcoin holders will not get much profit, I like the fluctuating bitcoin

Xenophoto

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Quote from: atronite on April 24, 2017, 08:26:45 AM

People who are earning bitcoins will be satisfied to see the stable price of bitcoins and they will continue to earn bitcoins as it can give them stable income but those who are involved in trading will surely not like the stable price of bitcoins as with stable price they cannot make good profits which they are making at a moment with price fluctuations.

Stable price doesn't mean stable income. Fiat is a concrete example. To be honest, what is bitcoin if you can't take advantage of its price and trade it. Bitcoin was meant to be a currency but because of the price volatility, it has turned into a speculative asset. If people didn't invest money on bitcoins for trading, the price of bitcoin surely have turned out very low instead and someone would have thought to make the exact same coin but the price would be based on the law of supply and demand like it obviously is supposed to be.

Since bitcoin is basing its price as of today on fiat, then save yourself from the conversion effort and transactions fees if the price becomes stable.

Reason? Fiat is inflating, so would be the price/value of bitcoins.

majeed

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Damn

Hm. THis is a hard question and I dont think that many people can answer it with obvious evidence from their perspective. If Bitcoin has a stable prices and the prices are about $10000, I bet that many people will use it in order to avoid the inflation

Wandering Soul~

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Quote from: axorb on April 24, 2017, 01:05:35 PM

Quote from: cluit on April 24, 2017, 12:34:29 PM

Quote from: wicaksono on April 24, 2017, 08:40:12 AM

As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10

So what are you waiting for, just believe with bitcoin now

I do believe on bitcoin and I also think everyone should belive on bitcoin. because besides everything the fact is that bitcoin is the future currency. and I don't think bitcoin's price will matter a lot.

You mean to say that if price of bitcoins falls in future still it will hold the same popularity? I don't think so as if price will crash down then many people would not be interested in using it and will switch to some other investments.

Yes, It's too unrealistic because most of the bitcoin users came cause they wanna earn money rather than finding it as a future if technology or something . Of course there will be people who will stay but don't expect it to be the same as always . But I believe that cryptocurrency will always be popular as it is now because it already gived an impact on peoples life they will just switch to other altcoin if they ever lose hope on bitcoin .

axorb

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Quote from: cluit on April 24, 2017, 12:34:29 PM

Quote from: wicaksono on April 24, 2017, 08:40:12 AM

As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10

So what are you waiting for, just believe with bitcoin now

I do believe on bitcoin and I also think everyone should belive on bitcoin. because besides everything the fact is that bitcoin is the future currency. and I don't think bitcoin's price will matter a lot.

You mean to say that if price of bitcoins falls in future still it will hold the same popularity? I don't think so as if price will crash down then many people would not be interested in using it and will switch to some other investments.

cluit

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Quote from: wicaksono on April 24, 2017, 08:40:12 AM

As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10

So what are you waiting for, just believe with bitcoin now

I do believe on bitcoin and I also think everyone should belive on bitcoin. because besides everything the fact is that bitcoin is the future currency. and I don't think bitcoin's price will matter a lot.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: wicaksono on April 24, 2017, 08:40:12 AM

As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10

So what are you waiting for, just believe with bitcoin now

I do hope the prices touch 1.5kUSD this year at least if not even better. That would be insane for the traders since there is just so much increase in the price of bitcoin currently. The more people are using and buying bitcoin the prices rise and rise even more. We all are here mostly because of the price since we do trading on coins and hope to make profit out of it. Bitcoin is popular due to its own reasons and also due to its price.

wicaksono

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As always bitcoin will remain popular and the price is now soaring from your estimate of $ 0.01 - 0.10

So what are you waiting for, just believe with bitcoin now

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

Quote from: Finestream on April 24, 2017, 07:57:36 AM

Quote from: xSkylarx on April 24, 2017, 01:04:16 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?

BTC will still stay popular because it has a lot of edges it can offer but it is in no doubt that if this will happen the BTC will lose one of its edges but also having a stable price means less risks in your money and let it rest without worrying too much though I still prefer BTC's fluctuating price because I make a lot of profit with it.

It will not be popular, the amount stated was close to being worthless and the current price with $1,200 per bitcoin now is already a big success, so when we will see the value of bitcoin is just $0.01-0.10, I think no one will ever gonna buy bitcoin anymore. At that time, maybe there's a new crypto currency that will take over the position of bitcoin and it could be the ETH or DASH. Grin

i agree, with the value of bitcoin that we can get, i don't think that the price will be back into $0.01-$0.10 again like the beginning and if so, i think there will be a new innovations that will give more benefits than bitcoin and i am sure that people will moving from bitcoin into the new one. but so far, bitcoin will be stay as the best investment and many people wants to join into bitcoin world.

atronite

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People who are earning bitcoins will be satisfied to see the stable price of bitcoins and they will continue to earn bitcoins as it can give them stable income but those who are involved in trading will surely not like the stable price of bitcoins as with stable price they cannot make good profits which they are making at a moment with price fluctuations.

Peashooter

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Quote from: Finestream on April 24, 2017, 07:57:36 AM

Quote from: xSkylarx on April 24, 2017, 01:04:16 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?

BTC will still stay popular because it has a lot of edges it can offer but it is in no doubt that if this will happen the BTC will lose one of its edges but also having a stable price means less risks in your money and let it rest without worrying too much though I still prefer BTC's fluctuating price because I make a lot of profit with it.

It will not be popular, the amount stated was close to being worthless and the current price with $1,200 per bitcoin now is already a big success, so when we will see the value of bitcoin is just $0.01-0.10, I think no one will ever gonna buy bitcoin anymore. At that time, maybe there's a new crypto currency that will take over the position of bitcoin and it could be the ETH or DASH. Grin

I agree. There would be no sense of pumpiny and dumping if that happen so and crypto currency exchange would not be launhed then.

Finestream

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Quote from: xSkylarx on April 24, 2017, 01:04:16 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?

BTC will still stay popular because it has a lot of edges it can offer but it is in no doubt that if this will happen the BTC will lose one of its edges but also having a stable price means less risks in your money and let it rest without worrying too much though I still prefer BTC's fluctuating price because I make a lot of profit with it.

It will not be popular, the amount stated was close to being worthless and the current price with $1,200 per bitcoin now is already a big success, so when we will see the value of bitcoin is just $0.01-0.10, I think no one will ever gonna buy bitcoin anymore. At that time, maybe there's a new crypto currency that will take over the position of bitcoin and it could be the ETH or DASH. Grin

xSkylarx

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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?

BTC will still stay popular because it has a lot of edges it can offer but it is in no doubt that if this will happen the BTC will lose one of its edges but also having a stable price means less risks in your money and let it rest without worrying too much though I still prefer BTC's fluctuating price because I make a lot of profit with it.

Sled

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Quote from: rebakela on April 23, 2017, 10:45:20 PM

If bitcoin had experienced a stable price it would have been never be so popular as it is now, I'm also thinking this because people invested in the bitcoin because it was a easy profit maker

I think you are wrong because if bitcoin is stable on its price then it will become easier for other countries and stores to accept bitcoin as a payment because they will not be confused in putting a price on their products because bitcoin has a fixed value just like fiat and it has a lot of advantages rather than fiat so it will become more popular.

rebakela

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If bitcoin had experienced a stable price it would have been never be so popular as it is now, I'm also thinking this because people invested in the bitcoin because it was a easy profit maker

ipungadhi

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Quote from: Pinkris128 on April 23, 2017, 09:05:55 PM

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?

There is a chance since price doesn't matter in order to give or use something's value.

Fluctuations are popular because most users are traders, when bitcoin becomes stable of course the trader will leave. Maybe the popularity of bitcoin will decrease

MingLee

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Quote from: MMA on April 23, 2017, 07:15:47 PM

Quote from: Rinder on April 23, 2017, 12:02:07 PM

Price is a big question for the most, atleast for me it is, if i have 100 dollars i wont invest into bitcoin i will invest into altcoins wich i can make easy profit from a change in the value. I do believe if the price were more stable we would had reached another status, like legalized currencie and could become a saving option for all people, even knowing for this purpose it would need to get bigger value then it has now.

yes i think it will also remain as popular because then people will be using it for shopping purposes, so i do not think the importance of bitcoin is ever decreasing. i am hopeful that its importance will continne.

I personally don't subscribe to the thought that most people use Bitcoin for shopping, I believe a majority of people use it for a lot of different purposes, the most common of which is often speculation or just holding for the market to go up. If there were more shops across the board that accepted Bitcoin, then I could see it being a more popular portion of the community, but the taste of money is just something most people don't want to ever see get out of their mouths.
Bitcoin will continue to be important as long as the community remains captivated.

Pinkris128

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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?

There is a chance since price doesn't matter in order to give or use something's value.

MMA

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Quote from: Rinder on April 23, 2017, 12:02:07 PM

Price is a big question for the most, atleast for me it is, if i have 100 dollars i wont invest into bitcoin i will invest into altcoins wich i can make easy profit from a change in the value. I do believe if the price were more stable we would had reached another status, like legalized currencie and could become a saving option for all people, even knowing for this purpose it would need to get bigger value then it has now.

yes i think it will also remain as popular because then people will be using it for shopping purposes, so i do not think the importance of bitcoin is ever decreasing. i am hopeful that its importance will continne.

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