Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Zedpust
on 02/03/2017, 10:28:44 UTC
But if the price of bitcoin come to stability then the traders will still earn a good profit because as the total amount of bitcoin is limited and when the adopters and uses of bitcoin will increase then the price of bitcoin will also increase at that time we will see only increase in the price.
There will have a disadvantage and advantage in bitcoin when its price gets stable. I think the process of circulation will change cause we know that the number of BTC decreases so the value will always go up because of the demand.

I have no confidence that the price will go up when all the Bitcoins will be produced. Until the end of 2017 promise to get 80% of Bitcoin. Difficulty increases. No one can predict what will be the price of Bitcoin.
But I am sure that many will lose interest if the Bitcoin price stabilizes

Yes if the price stable means the traders will lose interest in trading and trading market will go down. But if the price stable at a high price the other business will improve a lot and the bitcoin will become more popular. If it is stable, then investors will make a nice profit. And this year we can not predict what will happen in bitcoin price coming days it may go up or it may fall. 

I think the stable price means there is small volatility, it might rise gradually every year.