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?
If its value become stable bitcoin would be more usable because people already know that bitcoins value already stabilizes and it is already convenient since the value stay as what it is.Merchants i think would prefer to accept bitcoin as a mode of payments.