Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
goldcoinminer
on 25/10/2016, 08:36:23 UTC

The fast profit will happen when bitcoin will be stable, with that statement it is just right to start investing now with the current price as bitcoin is expected to substantially increase its value in the future, we have to be optimistic as we are seeing people are adopting and that is a good sign of success.
stable mean low profit you can't buy and sell immediatelly because the price were too stable,and buying now is actually not a good idea if you're seeking only for profit and can't afford to lose,the current price is too high in my opinion

You are wrong mate if we applied it to fiat trades. Stable price gives decent profit even at smaller range since the price is stable. Stable price of a currency means the currency is strong.

If ever bitcoin will have a stable price then the same happenings to fiat trades will also applied to bitcoin trades. Could you imagine how many people involves in fiat trades if it's not profitable even with stable price?

When the bitcoin is used as a major currency such as Euro or the Chinease Yuan, it will be much more stable.
That is not happening soon, major currencies are dollars, Euro, and Yuan but not bitcoin. Bitcoin is still independent with fiat and we cannot have our own government sine it is just a decentralized platform where we are all equal here and we have freedom whatever we want to do with our coins.