Post
Topic
Board Speculation
Re: Is $6000 to $7000 the stable price for bitcoin?
by
Rustamm
on 21/10/2018, 18:57:02 UTC
There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
This is still bitcoin stopped at such a cost. Its price cannot long be constant in its nature. The situation on the market will change, it will affect the ratio between supply and demand and Bitcoin will again change its price. Its large volatility cannot be changed.