Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
TheUltraElite
on 22/04/2017, 13:05:51 UTC
No. Bitcoin can not be stable, because it is not controlled by anyone and depends only on user activity.
Is that what you think? In my own experience since i started use bitcoin in my daily transaction and see's what really happens on bitcoin i think 1 country had a full control of the price of bitcoin thats why the price decrease and increase that fast what do you think

I would rather not think of this on a country basis but I do agree that such things are true since the population using bitcoin is a very small fraction of the entire world and hence they cant influence the price to change by huge amounts in a single month. So maybe there are some underground operations going on and the prices are being pumped by specific countries.