Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Taki
on 05/05/2017, 22:48:30 UTC
hello guy's...!! I think bitcoin is day by day most popular currency in the world but the bitcoin price is needs to be more stable.
Precisely what makes bitcoin become popular day by day is price fluctuations. Without fluctuations I'm sure few will be interested in bitcoin. So I prefer fluctuations to continue to exist


For some, fluctuations are not important, but growth. Maybe traders make money by fluctuating prices. But investors make money on growth. I'm sure that if the price does not rise, bitcoin will die

Yes, without rising prices, bitcoin will lose many users and eventually die. After all, most of them use it to earn money on the growth of prices.
I think not stable price is not the one thing that attracts users, yes investors maybe, but this doesn't spreading for all users. I think in tha case of stable price bitcoin would still stay interested for those people who live with bitcoin making and to whom this money is the one that they have.