Quote from: palle11 on October 14, 2018, 04:53:39 PM

Quote from: PsylockReborn on October 14, 2018, 04:09:25 PM

Quote from: sell100 on October 14, 2018, 04:04:10 PM

Bitcoin as Stable as Dollar and Oil Markets, Says New Research

New research published in a leading scientific journal says that Bitcoin has matured and is more reliable than before. A Vote of Confidence for Bitcoin Cryptocurrencies are considered as a highly volatile asset class. Bitcoin price in 2017 rose from $1,000 in January to nearly $20,000 in December before crashing back to $5,800...

Read more: https://www.trackcoinmarket.com/en/crypto-news/33449/bitcoin-stable-dollar-oil-markets-research

Such good news to all of us. With the value of bitcoin being stable then we don't have to worry anymore of the huge dips. All we need to focus now is the future profits of our long term bitcoin investment. As we all know that over time bitcoin's value will really increase due to its scarcity and difficulty of mining one. Adoption increases as well as bitcoin matures.

Here's another article about the stability of bitcoin same as dollar and oil. https://bitcoinnews.com/research-bitcoin-as-stable-as-dollar-and-oil-cites-cubic-law/

How do you then expect your future profit when it becomes stable. If price becomes stable as we know for fiat, profit might be difficult to come and no more long time investment because the store of value would have been taken of, it will then be used as a means of payment.

Isn't it the main goal if bitcoin, to be used as currency?? I believe yes!! Those who are looking from short term profits, are speculators and bitcoin was not built to provide profits to speculators. Even though speculators are also important to the eco system, but their goals are not so healthy for bitcoin eco system.

We all talk about profit and sustainable growth, but not all people realize that sustainable growth is only possible with increased adeptability. Nothing else will bring sustainable growth like the way adeptability does!!

If you are able to buy grocery items using bitcoin at your local store, you will see the true growth! Stability in price is just another step towards that goal.