Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?
I think merchants would consider thinking of ways then to adopt bitcoin as one of their payment option because they can see that there is already stability to the price so the risk of losing due to the volatility will be less likely. We know that one of the hindrance why some platforms even those giant companies would not consider adopting cryptocurrencies due to the fact that it is unstable and if this hindrance would be remove then, then there is a possibility that they would push through with the adoption.