Post
Topic
Board Speculation
Re: Will bitcoin stay relatively stable and become a stablecoin?
by
Slow death
on 30/10/2018, 11:05:59 UTC
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.

But this can take many years to happen, I even venture to say that it could take more than 20 years for the price of bitcoin to become very stable. bitcoin is limited and still there are many people who do not know bitcoin and do not have bitcoin, so as more people are entering the world of bitcoin we will always see this volatility that we are already accustomed to.

This year alone has proven that bitcoin can easily be a stablecoin ,comevto think of it upon all the bad news from left and right this year as its still standing strong at 6k plus ,the result is impressive

this year we did not have much demand probably caused by regulations and the fear that people are having to lose money because they saw the price drop from $ 20,000 to $ 6,000