Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
NovaNewbium
on 09/11/2017, 09:27:06 UTC
Yes, if bitcoin had a stable price, it would still be as popular as it's today now. People would see a better currency than fiat with alot more benefits and if its stable theres nothing to lose.
Yes! I agree to you. The reason why the bitcoin is so popular today is because it has a stable price. Many people are now entering the cryptocurrency world because of the bitcoin.
Actually people are entering the cryptocurrency world because of the price of bitcoin that  keep increase, so they see that they can get profit by earning bitcoin and altcoin. But yes, bitcoin will be still popular because the merchant will not afraid to adopt bitcoin anymore.
Yes, it's true people are willing to enter the cryptocurrency world, and for them they are hoping a high price and to get a lots of profit when they were earnings, For example in bitcoin, if the price was so high and it is stable for a long time most of people are become willing about it specially to all bitcoiners and by the stable of high price, I'm sure bitcoin will become popular among all of the other cryptocurrency. In additoin, if the price of bitcoin was stable continuously, i believing that there are so many people are invest thier money, and they grab the opportunities. And finally, bitcoin will become popular because of it's stable price and people are taking it because of money. So it is better that bitcoin was have a stable price.
First thing is there is no possibility for bitcoin price that it can be stable on one place and secondly bitcoin is related with market trade and its price is related with trade also so it’s out of question that bitcoin price can be stay on one place because day by day bitcoin is going to improve his trade with world and it’s going to progress every day.
I agree with you bitcoin can never have a stable price if it was so it would be at the start of bitcoin and not right now i would say it is going to keep growing and keep growing and even if it goes down it will grow again it would never be stable.