Quote from: apriyoni on June 27, 2016, 03:10:28 PM

Quote from: 1Referee on June 25, 2016, 08:07:22 PM

Quote from: helloeverybody on June 25, 2016, 07:16:33 PM

Quote from: quake313 on June 25, 2016, 06:57:06 PM

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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

It's different for every group of users. One group prefers the price to show heavy price swings as it allows them to make profit in quite a short time. And the other group prefers the price to remain relatively stable as they are purely interested in the currency aspect of Bitcoin and perhaps even use it as store of wealth. You can't please everyone.

That is right. I am long term investor, so I want the price to be stable and many people will use it as a currency.

I use the bitcoin as a currency. I earn the bitcoin by mining. Then I use the bitcoin to buy the online goods.