Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Loope
on 25/10/2017, 13:30:11 UTC
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
No. I don’t think that if bitcoin had stable price then it would have been this popular and users. This is because then there was no difference between banks and bitcoins. The matter of fact that people go for bitcoin over banks is its instability because of which its price fluctuate and have a high chance of increasing resulting in increase in your invested money. So bitcoins biggest weakness is its biggest strength which is it being not stable and not regulated by any government. Which has lead to its increased popularity and users.
Well i think bitcoin maybe also a popular even if it is low prices, goes to the highest value. Although we know that it is world wide currencies some personalities even if your'e ordinary you probably engaged too. in order to stay alive, achieve what you dream you must get interest on what is really in reality. But furthermore i think bitcoin cannot be have an stable value cause of the increasing number of members of it.