Ninjastic
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Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Jewell
on 15/05/2017, 23:28:41 UTC
Quote from: Wa(t)ch_night() on May 15, 2017, 04:15:52 PM
Quote from: Harlot on May 15, 2017, 04:11:36 PM
Quote from: Angel777 on May 15, 2017, 04:06:03 PM
When bitcoin is in stable price maybe it will not become popular.Because people are looking for a  much bigger income.
People attrack to an easy money earnings.And have future to be reach their goal.
Maybe people will just ignore bitcoin if the price is constant.
Bitcoin will have low promotion if the price is stable
Honestly it will just shift into a different kind of audience. Right now it is catering the categories of what a trader wants a volatile asset in which they can take profit from. If it becomes stable what will happen will be is that it will have more consumers wanting it as it is a currency in which can buy goods at an accurate price. What I am saying is that when you try to buy with Bitcoin right now you might end up using more or less Bitcoin than needed as it is a volatile currency, which is not too attractive for consumers.
I am also fully confident that Bitcoin will not be strongly quoted in Among the people, because Bitcoin can become a more stable currency and a random one because this currency will be used only as investments and earning real money.
I am also confident that when the price of bitcoin will become stable it will become more and more popular. people will then use btcoin for so many other purposes like transaction of money from one place to another place. i think if bitcoin will become popular then most of the shopkeepers will also start accepting bitcoin. as they will not be worrying about the changing of the price from due to change in the price of bitcoin.