Post
Topic
Board Speculation
Re: Will bitcoin stay relatively stable and become a stablecoin?
by
wuvdoll
on 03/11/2018, 06:39:09 UTC
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
Not a chance at all. Bitcoin has always kept its volatile expect, it just not constant and all the time. Even during the 2017 year when price was at lowest 700 dollars it was 20 thousand dollars at most the price was semi-stable except the bull times. There are times the price just gets really high or low but all the rest of the time price is always stable and stands its price for a long time.

I do not believe this stagnant market will continue forever, it will definitely change, maybe when the price hits something really high and the marketcap just hits to a new high that can't pass than it will stay there for a while however until than the price will keep on fluctuating. Maybe it won't happen 7/24 but it will always be around the corner, none of us will be shocked if the price doubles in a month, that is the curse and beauty of bitcoin.