Post
Topic
Board Bitcoin Discussion
Re: Bitcoin too volatile for payment, but what is the problem ?
by
metalglowd
on 05/06/2018, 23:07:35 UTC
I read some criticism around Bitcoin, because is too volatile, but this is the reason for the success of this crypto ( and others), imo

Also, why do you need a stable coin ? If you can't pay with Bitcoin for you coffe, who cares ? I mean, it is just like gold, you don't walk around paying with gold, but you know it has value.

I just can't see a clear disadvantage on being too volatile, something that could make ppl loose interest on Bitcoin. I would like to hear opinions on that.

it can make the owners face a loss, any decision to accept bitcoin payments is certainly a decision that still has a negative side to some particular party
for example, we buy coffee when the bitcoin price is $ 8500 then a few days later, the bitcoin price drops to $ 7500. I think it is very influential on the seller