Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
clarkgeneral86
on 12/12/2017, 11:56:08 UTC
bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question

and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...

We know that Higher the risk, higher is the return. Bitcoin’s price is not stable and it fluctuates within minutes so more people tend to invest in it to score more profit. But if it had a stable price, it was not meant to be that popular as it is now. Stable prices suggest that you’ll get the fixed amount of profit which is not interesting... 😊
It is an accurate estimate, precisely the instability that has brought popularity to bitcoin. When bitcoins increase or decrease by several thousand dollars, many articles analyze the cause and lead to the attention of many people.