Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
oHnK
on 03/05/2016, 13:41:49 UTC
This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.

I will be honest with this, Im here because bitcoin has a high price and it was the only reason that attract me to this digital currency. The volatility as well, it is great if you are into trading and if it is stable I dont think I will be here today so stable price doesnt means that it will attract more people