Quote from: mrcash02 on April 10, 2017, 04:30:24 PM

Quote from: educated on April 10, 2017, 02:45:48 PM

Is there any plausible scenario where the number of bitcoin users and transactions continues to grow exponentially but somehow the price of bitcoin stabilizes to a specific range and doesn't fluctuate much? As in we get 100 times more users and transactions but the price remains around what it is today?

It depends. If there are 100 times more users but the supply for all is ok probably the price won't fluctuate very much, but if the demand of the new users is very high the price will increase as well.

Correct. The price is dictate by the supply and demand. Bitcoin market is not mature yet. Once the market matures, the adoption and speculation dynamics will settle into a predictable growth pattern. But if the market demands more of bitcoin but the supply of it is less than the demand, then price will fluctuate.