Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Gameroid
on 16/05/2017, 23:57:20 UTC
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 think most of the people have is the same replay that yes if bitcoin has become stable it will be more popular and people will be using it shopkeepers will also start accepting bitcoin from the people, so  i think if the price of bitcoin will become stable then it will also have good effect on image of bitcoin. just like dollar as dollar have very stable price and is one of the most popular currency of the world.