Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
X-ray
on 18/04/2017, 06:34:02 UTC
Will not be. 80% of the demand for bitcoins comes from investors. They invest in the crypto currency only for one reason - the price increase. If there is no growth, then there will be no investments either. Bitcoin will become unnecessary for many people
All of the investors are want to invest his money caused by the profit. No one wants to invest his money as a charity. But it will necessarily need a new adopter to spread the word of bitcoin to the unfamiliar person in every community.
Bitcoin as a valuable investment and more people will be interested in it. The recent price of bitcoin is the answer.