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Topic: If Bitcoin had a stable price, would it still be as popular? - page 94. (Read 171736 times)

legendary
Activity: 3486
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of course yes, BTC will continue to be popular despite stable prices for the more forward the BTC more even will be more in the know many communities even though at this time the public has not all acquainted with BTC's, the stable price of BTC will not always in the same position because the stock market will definitely rise and decline.
Btc be popular though at a stable price position.
We can't control the price so we cannot expect a stable price, what is important is more and more people will adopt to make bitcoin stronger and to avoid more manipulation which is not good for the market. As what I have observe now, there are a lot of good news that might attract more adopters and that means we are getting more popular and the price will increase overtime.
Yes , Now huge adoptation has begun and we can expect more fast of increasi in price as soon. But if we get stuck on the point that it stops and had a stable price in time ,there will be a big possibilities that it may start to dump for example stuck at any price for about 2 months ,So in that there is a panic selling to be occur .Its more important to be ready because even adoptation guaranteed bitcoin price will not guarantee us to keep on pumping

Your post is full of contradictions

If you think thoroughly of it, you will understand why after 2 months of stable prices there is little if any chance of panic selling. First, people will get used to such prices, and the very fact that the prices have been stable for so long will entrench in them the thought that these prices are fair. So if the prices start to decline somewhat (let's call it initial phase), many people will think it as a good opportunity to jump in fast as soon as possible, and we will see huge buy walls immediately rising. Second, stable prices themselves will contribute to more merchants accepting Bitcoin as a means of payment, which will further support prices and will likely itself cause them to rise over a prolonged period of stable prices (say, over a few months)
hero member
Activity: 1680
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In order for the price to become stable, there must be a strong support for its usage. And bitcoin must reach a stage where it is matured enough to withstand volatility. That might not happen anytime soon as there is still very little usage going around and admittedly, it is only being treated as an investment by many, I included.
I think one of the best way to have that stability for bitcoin price is by having a lot of users because if we have a lot of users then there will be an enough demand in the market that will buy and lessen the supply with fair distribution in those investors or buyers, As the bitcoin gets stabilize then it will get popular because the stores will accept it because they are used to fixed amount of money and not on volatile one.
hero member
Activity: 2996
Merit: 524
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Will not be. 80% of the demand for bitcoins comes from investors. They invest in the crypto currency only for one reason - the price increase. If there is no growth, then there will be no investments either. Bitcoin will become unnecessary for many people
All of the investors are want to invest his money caused by the profit. No one wants to invest his money as a charity. But it will necessarily need a new adopter to spread the word of bitcoin to the unfamiliar person in every community.
Bitcoin as a valuable investment and more people will be interested in it. The recent price of bitcoin is the answer.
hero member
Activity: 714
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In order for the price to become stable, there must be a strong support for its usage. And bitcoin must reach a stage where it is matured enough to withstand volatility. That might not happen anytime soon as there is still very little usage going around and admittedly, it is only being treated as an investment by many, I included.
legendary
Activity: 2954
Merit: 1159
Will not be. 80% of the demand for bitcoins comes from investors. They invest in the crypto currency only for one reason - the price increase. If there is no growth, then there will be no investments either. Bitcoin will become unnecessary for many people

You got it but I wonder what is the main reason of those other 20% for entering bitcoin? And if there's no way of increasing the price they will soon come out on it even there is a risk that they will lose some amount because of the unstable price. Because it can be down for sometime but still keeping the trust and having a good chart, we do believe on it.

I guess those 20% left are those people who are just exploring bitcoin, they might lose money yet it is just nothing for them, because we have a continued support of the people, they might come and go.
And yes, the price might crash down yet we do believe that it will lift its value higher.
hero member
Activity: 1820
Merit: 537
of course yes, BTC will continue to be popular despite stable prices for the more forward the BTC more even will be more in the know many communities even though at this time the public has not all acquainted with BTC's, the stable price of BTC will not always in the same position because the stock market will definitely rise and decline.
Btc be popular though at a stable price position.
We can't control the price so we cannot expect a stable price, what is important is more and more people will adopt to make bitcoin stronger and to avoid more manipulation which is not good for the market. As what I have observe now, there are a lot of good news that might attract more adopters and that means we are getting more popular and the price will increase overtime.
Yes , Now huge adoptation has begun and we can expect more fast of increasi in price as soon. But if we get stuck on the point that it stops and had a stable price in time ,there will be a big possibilities that it may start to dump for example stuck at any price for about 2 months ,So in that there is a panic selling to be occur .Its more important to be ready because even adoptation guaranteed bitcoin price will not guarantee us to keep on pumping.
hero member
Activity: 3052
Merit: 606
of course yes, BTC will continue to be popular despite stable prices for the more forward the BTC more even will be more in the know many communities even though at this time the public has not all acquainted with BTC's, the stable price of BTC will not always in the same position because the stock market will definitely rise and decline.
Btc be popular though at a stable price position.
We can't control the price so we cannot expect a stable price, what is important is more and more people will adopt to make bitcoin stronger and to avoid more manipulation which is not good for the market. As what I have observe now, there are a lot of good news that might attract more adopters and that means we are getting more popular and the price will increase overtime.
sr. member
Activity: 1792
Merit: 264
of course yes, BTC will continue to be popular despite stable prices for the more forward the BTC more even will be more in the know many communities even though at this time the public has not all acquainted with BTC's, the stable price of BTC will not always in the same position because the stock market will definitely rise and decline.
Btc be popular though at a stable price position.
hero member
Activity: 1190
Merit: 500
- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.
I love Bitcoin only for this feature fluctuation of price. As Bitcoin has treat most popular investment simply here attraction only Bitcoin price which is changing every short period of time. Of course, a stable price will be still popular with many retailers. That's proved different people have a different mentality and it's normal because everyone wants to make a profit.
I think there are millions of users in bitcoin and they have a goal difference while in bitcoin, some of them are investors who depend on the price fluctuations, certainly when bitcoin become stable. they will go


hero member
Activity: 3080
Merit: 603
Will not be. 80% of the demand for bitcoins comes from investors. They invest in the crypto currency only for one reason - the price increase. If there is no growth, then there will be no investments either. Bitcoin will become unnecessary for many people

Yeah, investors aren't going to come in if there's no movement for the price and big chance of increasing. So if ever the price of bitcoin is very stable, that is going to make investors invest in some other things that has a very good progress like stock market but because of bitcoin has a very good feature of it, that made it very popular.
sr. member
Activity: 490
Merit: 250
I guess, it is a big no, this crypto currency that people is using is being popular because it has unstable price and it has a continues increasing value, so if it has a stable price i guess it will be just like our fiat in terms on reality of money, like our countries money, it has fix price and it is not being popular in the world unlike the dollar it is popular because it has continue price increasing value.

But then, I think it will not happen because we have lots of people that will make the bitcoin price shaken.
hero member
Activity: 3024
Merit: 745
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Will not be. 80% of the demand for bitcoins comes from investors. They invest in the crypto currency only for one reason - the price increase. If there is no growth, then there will be no investments either. Bitcoin will become unnecessary for many people

You got it but I wonder what is the main reason of those other 20% for entering bitcoin? And if there's no way of increasing the price they will soon come out on it even there is a risk that they will lose some amount because of the unstable price. Because it can be down for sometime but still keeping the trust and having a good chart, we do believe on it.
newbie
Activity: 37
Merit: 0
Will not be. 80% of the demand for bitcoins comes from investors. They invest in the crypto currency only for one reason - the price increase. If there is no growth, then there will be no investments either. Bitcoin will become unnecessary for many people
sr. member
Activity: 308
Merit: 250
- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.
I love Bitcoin only for this feature fluctuation of price. As Bitcoin has treat most popular investment simply here attraction only Bitcoin price which is changing every short period of time. Of course, a stable price will be still popular with many retailers. That's proved different people have a different mentality and it's normal because everyone wants to make a profit.
You are absolutely right. Big volatility means big risk but also big profit. This is not for everyone. But there are people like us who likes these fluctuations.
- Price fluctuations are what we all want in bitcoin because only fluctuations we can earn money and have money we can buy bitcoin. If the bitcoin does not fluctuate, it will gradually go into the past as gold
- Volatility is a money-making opportunity for traders and investors, no one is complaining about money, so they will always find ways to create volatility if the market stabilizes
legendary
Activity: 2674
Merit: 1048
- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.

Yes and traders will never like price stability in bitcoins as they will never make profits from it as they are making at a moment from the price fluctuations so I think if bitcoin gets price stability then it will become less popular among the people.
things that makes a lot of people love bitcoin are actually because the volitile price which can be exploited to make profit everyday, every hour and even every minutes. with bitcoin have a stable price which i think unlikely happened because of many reasons.

the decentralized system are one of the reason why , the market will always run wild.
hero member
Activity: 729
Merit: 500
Stability is good for miners, atleast this define if they keep mining or stop mining. For some investors a stable coin has no interest at all, we can see at almost all exchanges that bitcoin has a huge volume daily trading due to the high volatility around it, i believe stable would be good for all, but the speculation around bitcoin is where the money is.
sr. member
Activity: 490
Merit: 250
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- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.
I love Bitcoin only for this feature fluctuation of price. As Bitcoin has treat most popular investment simply here attraction only Bitcoin price which is changing every short period of time. Of course, a stable price will be still popular with many retailers. That's proved different people have a different mentality and it's normal because everyone wants to make a profit.
You are absolutely right. Big volatility means big risk but also big profit. This is not for everyone. But there are people like us who likes these fluctuations.

No price volatility means no quick profits and if this is the case then many people will prefer to switch their investments to something else and will not continue with bitcoins as most of the users are using bitcoins only because of the price fluctuations involved in it.
sr. member
Activity: 994
Merit: 391
- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.
I love Bitcoin only for this feature fluctuation of price. As Bitcoin has treat most popular investment simply here attraction only Bitcoin price which is changing every short period of time. Of course, a stable price will be still popular with many retailers. That's proved different people have a different mentality and it's normal because everyone wants to make a profit.
You are absolutely right. Big volatility means big risk but also big profit. This is not for everyone. But there are people like us who likes these fluctuations.
hero member
Activity: 756
Merit: 503
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- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.

Yes and traders will never like price stability in bitcoins as they will never make profits from it as they are making at a moment from the price fluctuations so I think if bitcoin gets price stability then it will become less popular among the people.

It's true that traders may not be able to gain profit or less from what they used to but that doesn't
mean bitcoin will be less popular.

If bitcoins price stabilize it will open new opportunities to users and potential users, store owners
will be interested in using bitcoin without worrying about its price fluctuation and other business might
consider using bitcoin as a payment which is already happening, just think how many companies will consider
bitcoin as a payment if the price is stable.
sr. member
Activity: 378
Merit: 250
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- I think not, many people come to Bitcoin because its value changes continuously over time, it gives investors a good profit. We all know the bitcoin also because of its value and potential, if it is too stable, it will not have anything called potential and there will be no popularity
- The price of bitcoin will never be stable or only stable for a short time, the amount of people who know bitcoin is increasing rapidly, so the value of bitcoin will change. That will make it more popular every day
Suppose if it stable for long time then slowly it ill lose their popularity in digital market. So it keep on changing every short period of time. and this price fluctuation will attract many traders and investors to do Bitcoin business, otherwise people will find other source to make money. If the bitcoin price stable at high price then it is only useful for Bitcoin earners from different source.

Yes and traders will never like price stability in bitcoins as they will never make profits from it as they are making at a moment from the price fluctuations so I think if bitcoin gets price stability then it will become less popular among the people.
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