Quote from: Idrisu on April 10, 2017, 09:12:11 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?

Even when there is an increase of buying volume up 80% bitcoin price was still stable today. We are getting there, were the price will emulation gold and precious commodity. The margin traders make profit from excessive fluctuations of bitcoin price. But stability of price is a sign of strength as the price struggle to breaks $1200 yesterday and successful break that level today.

The supply is pretty big right now as for the current amount of users in the blockchain system, and the price is fluctuating often, with big moves.
With more users, bitcoin should be stronger hence more stable.
It is because price is an agreement between bulls and bears. So if we will have bigger volume ( overall ) and more transactions, the buy/sell barriers will be bigger and harder to go through.

But before we will see that happening, we need some time to pass.
I would say that 5 years should be fairly enough, without some strange events on the cryptocurrency ship.