Post
Topic
Board Speculation
Re: Bitcoin Stabilizing At $20K
by
senne
on 11/12/2017, 19:21:10 UTC
If bitcoin price gets stabilized,then most of the investors would lose interest as most of the new investors just buy bitcoins to get quick profits.They totally differ from the early investors of 2011 who just bought bitcoins having trust in it and to use it for transaction purposes.

Exactly, volatility is the factor which up-brings Bitcoin to life and once that goes away many investors will lose their faith in it. Bitcoin may get stabilized which can lower the transaction fees but it will rush again either up or down both have equal chances. Bitcoin's price is subject to many factors so we can't determine upon only one thing to stabilize it. Bitcoin's turbulence is here to stay, how long ? it is hard to suspect. Bitcoin Futures might have the possibility of calming the prize, but nothings definite in that either.