Post
Topic
Board Bitcoin Discussion
Re: If bitcoin prices remain the same until next year, will it be good for the crypt
by
entrepmind23
on 30/10/2018, 13:05:09 UTC
No, I don't want to see anymore retain in the price of bitcoin. If they continue stable , it can make a large amount of investor disappointed and they can sell it to not lose more deep. That can lead to bad situation

However, there is a possibility that as the price becomes stable, more merchants would think that maybe it would be the time that they would adopt bitcoin as their payment option because it is stable and they are less likely to lose due to the volatility. As we all know, one of the reasons that would let the merchants turn down cryptocurrency as one of their payment options is that of the price volatility and if this would be resolved then, we can expect that more businesses would consider adopting it.

We may not be able to see an increase in price or maybe there is a slow increase in price that is far better than it becoming a pump and dump coin. If there is an organic growth then more investors would consider investing in it.