Quote from: Red-Apple on January 01, 2017, 02:26:07 PM

Quote from: dhampir-D on January 01, 2017, 01:21:07 PM

Quote from: marcoman22 on January 01, 2017, 08:59:15 AM

Bitcoin would have been more popular and accepted by companies as a payment option if it had a stable price as they dont need to face loss due to fluctuation in price. But on the other hand, traders would not have liked bitcoin as now because they could not yield more profits due to its stable price. But for people who use bitcoin only for transactions would feel no differences if bitcoin had a stable price or not.

Given the fact that we need greater adoption, greater price stability would be required for this. But with increase in demand, price would also rise... there could be no sharp fluctuations, and that's a downside for traders, but it's something positive for users and long-term investors.

actually traders would love that. it is their dream to see the prices fluctuate a lot, have you ever seen a big fluctuation with small volume? no because all traders rush to make the most out of it and make lots of profit. and also traders would still like it if the prices were stable. just as gold is stable and they are making money.

Yeah there is many different traders a minute trader hour trader or for long term traders.. we are seeing always if the price was increase and hit high expect that the price will decrease a bit soon just to safe the profit of their bitcoin and if they seen the price is down again they are saving safe the profit and buy a again for a cheap price.. so it is impossible that the price of bitcoin will be stable.