Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Vikingr
on 02/03/2017, 19:46:18 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.
he number of bitcoin do not decreases but it is increases and the value of it increases with time it is not that bitcoin decreases in number but it is because the users of bitcoin increases with time and because of it the demand of bitcoin increases.