Quote from: BartS on November 03, 2018, 09:10:53 PM

Quote from: Shreek on October 26, 2018, 01:07:30 PM

like that it's a bad idea, where the only way to make Bitcoin prices stable is to make bitcoin a centralized digital currency with total supply adjusting the incoming and outgoing FIAT currency
this is very risky, because everyone also really wants to monopolize bitcoin, even if only in the imagination

There is no point to that stability if bitcoin is transformed into a version of fiat, if that happened I will move immediately to another coin that did not went through that transformation, probably my first choice will be litecoin since it is very similar to bitcoin but if it was transformed as well I will probably get out of the market and wait until a coin emerges as the new leader of the market, but that scenario is impossible since the developers will never agree to something like that.

Possibly the developers will not agree to that scenario, but in a sense that the stability might not help totally in stabilizing the price. However stabilized price didn't have a huge part in making a profitable market price, and if this increasing price will happen you tend to see a well developed price as well.