Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Gandam23
on 25/12/2017, 10:26:03 UTC
This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.
If bitcoin has a stable price. Maybe it is not making noise worldwide because just think of it that bitcoin has a stable price. Yes it is good but it hasnt possibility that the value rises up and the bounty hunters didnt want that because theyre holding bitcoins or any tokens that theyll get by joining ICOs.