Post
Topic
Board Speculation
Re: Bear market ended. Now going to $500
by
helloeverybody
on 25/06/2016, 19:16:33 UTC
Quote
I just want the bitcoin price to rise 5% a week in the next few years. The price in recent period is too volatile.

Some people do not seem to understand, stability is not the friend of BTC. Wild swings in price are healthy and necessary for the long term success of BTC, not slow rises.

This isnt true, theres no one out there that wouldnt invest in bitcoin if you were guaranteed a 5% return every week. thats enormous, The wild swings are what keep people from bitcoin because its not a safe bet. More stability would bring more people into bitcoin. Investors like predictability