Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Shikaina
on 22/09/2017, 20:36:26 UTC
This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.

This is economics section though. Smiley
On the other hand i am thinking if bitcoin is not popular how could it reach the value it has rigt now if not of popularity there will be not much people who will ingage in bitcoin and if there is not much usage, no demands, no demands no price up but we see the price rise is continuous.