Post
Topic
Board Speculation
Re: If you knew Bitcoin would never change in value, would you buy it?
by
JohnWick_Bitcoin
on 20/07/2018, 21:23:08 UTC
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it?  My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.

Absolutely not, the reason why bitcoins is very profitable is because of the volatility of the market which can be used by every trader in the market in order to earn more profit.