For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen.
Who the hell thinks about seeing the prices of $ 1500 and $ 3000? Now about $ 20,000, this will be possible in the future, it may be at the end of next year or early 2020.
However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
true, but bitcoins are limited and if we compare how many people there are in the world and how many people have bitcoin, we will realize that few people have bitcoin, if we have too much demand the price will increase a lot, the bitcoin volatility will be very high. I believe the price of bitcoin will be stable in the next 10 years when many people have bitcoin, at that moment we can use bitcoin as a means of payment.