Post
Topic
Board Bitcoin Discussion
Re: What do you want to see for Bitcoin - A stable or a volatile market?
by
denzkilim
on 08/11/2018, 14:15:22 UTC
The question is very simple as the subject line says,

Do you want to see a stable bitcoin market price or a volatile market price?

Please cast your vote and give us the reasons for your choice!

I know such kind of topic can potentially attract a large number of spam so I have kept it as self moderated! Any invalid reply will be deleted!
I voted for stable but at the back of my mind, I wanted it to be volatile in some ways LOL Grin
We all know that the volatility issue of Bitcoin is real and anything might happen in the market within a short period of time, it may go skyrocketing or it may jump into a dip but this kind of issue might lessen when the mass adoption of Bitcoin happened in the whole world and not only a few people hodls the large amounts of Bitcoin because we know if a person hodls a huge amount of this Crypto Currency that person definitely has a control on Bitcoin's value because of its decentralized nature. Being a decentralized electronic cash doesn't mean that no one has the power to control its price and this is a false belief by other people. The community of Bitcoin decides what will be the price of Bitcoin especially if a person has a large amount of this Crypto Currency he has the ability to shake the whole Crypto space and the only thing that will stop this kind of manipulation of whales is a global mass adoption of this innovation in our monetary and payment system. This is just based on my own opinion and point of view don't take it too seriously. Cheesy

I said that I wanted it volatile in some ways because I also do some tradings and the volatility is profitable especially if you're lucky on predicting what's gonna happen next. Smiley