Post
Topic
Board Bitcoin Discussion
Re: Is this SUDDEN price rise good for BTC?
by
chichigirl
on 04/11/2017, 00:33:53 UTC
First of I am a BTC HODLER and I am happy it is breaking it's ATH every other day.  But is it really good for future of BTC?

As a currency and day to to day usage BTC price needs to be stable. For regular market to adopt this as a currency the price needs to to stable. Is it not? If BTC fluctuates so much within just few days how can some business adopt this?  For example if they fix a price for a product for $400 equivalent to btc  then  tomorrow the price can be $600 or $200.   Will this sudden price rise/ drop not affect the market adoption?

What you guys think about this?

For me, the sudden changes in price is a good sign for btc, if that continue and reach @$10000, btc is more valuable in the sight of the investor.