Post
Topic
Board Bitcoin Discussion
Re: bitcoin cannot replace currency in the world because price is not stable
by
Michellekking
on 17/03/2018, 15:30:35 UTC
bitcoin cannot replace currency in the world because price is not stable.

currency should be more stable.

you may reply me. currency is not stable also but you should think  

USD currency price is up and down 1-2% in 1 month.

bitcoin price is up and down 20% in 1 month.

what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?

bitcoin can become stock but cannot become currency
I don't think that's the main reason. Bitcoin is now developing, and its price is going to go up so its price is not stable. When the price of bitcoin reaches a certain height, its price will become stable. I think it's the trading speed that limits bitcoin to daily currency.