Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Prasinos
on 10/11/2017, 16:29:38 UTC
Yes. Because of the fact that it is decentralized. If we are talking about stable price then it should be high enough since the demand in that market would be goods of high value plus the fact that there are many participants in the market. So stable price would be pretty high still and it would be popular still.

I doubt that.  Stable means no changing and if bitcoin will have this it is possible to be stuck at high value but also possible at low price. If I am ot wrong bitcoin is not this popular when its price was just below $1000 and now that it had grown many people became interested on it and in earning it. Its popularity is what driving its price and more investors means more money.

I certainly do doubt that bitcoin will be like this if it is not popular because if that is the case then there will be no graphs and "talks" about it.