Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Theb
on 06/05/2017, 10:52:36 UTC
Bitcoin attracts most users only because of its rapid price increase, and its stability will lead to a decrease in interest.

I agree, because most are traders or hodlers at the moment. They would all go into Alts or another form of investment if there was a prolonged period of stability.
Price Stability means there is a stable demand for Bitcoin, but it does not mean there is or will be an decrease in interest because not everyone is a trader but is also using Bitcoin as an actual currency. A stabler pruce will lead to an increase in Bitcoin transaction as a currency.