Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
boyptc
on 07/05/2017, 13:43:45 UTC
Bitcoin attracts most users only because of its rapid price increase, and its stability will lead to a decrease in interest.

Yes it is the most attracted characteristic of bitcoin. And if that is not because of bitcoin's adjustable price, there will be no more new investors that are going to enter to this crypto currency but because of this characteristic, there's a lot of investors that sees a lot of opportunity for it.
I am also seeing that many people come to adopt and invest in bitcoin when the price of it start to increase rapidly that is making bitcoin more popular but still for making it a regular currency we will wait for a stable price as if a stable price will be obtained then people will adopt it as their global currency instead of dollar.

Because it is very convincing, it's our attitude that when we are seeing volumes of money are being included. And it is going to give us more attraction if we are able to proved that there are people that are earning with it. The price increase is the reason why there are a lot of investors that are loving to get into bitcoin.