Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Finestream
on 23/04/2017, 00:02:36 UTC
I am sure, although bitcoin prices remain stable, it will become popular. Well, bitcoin prices are higher than other altcoin prices. So of course bitcoin hunters will still look for bitcoin, not as an investment, but as money will be made in cash.

I doubt it. Few people use bitcoin only because of anonymity. Many bitcoins attract only a steady rise in price. Bitcoin will lose a lot of users if this happens
It will not become stable without more people adopting with it, that is the outcome for balance distribution if possible, but if it is only stable because it was manipulated, it would not last for long. The current situation is a game for the investors and the traders, that is because we are still in the early stage but as bitcoin stays longer, we can see a spread of usage and demand in different part of the world which will lessen the price volatility.