Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - the future stable coin
by
disappear4ever
on 11/11/2018, 16:37:44 UTC
In the past two months, bitcoin's fluctuation very small except for 10/15 accident of USDT, which caused a sudden & incredible price increase of bitcoin/eth, at the same time, many investors dumped their USDT & bought bitcoin instead - hence in fact, bitcoin took the responsibility of acting as a stablecoin, which is very interesting.

Why did they change to pursue bitcoin in such a panic situation? Which kind of true value bitcoin can bring to them? Will bitcoin turn into a real stablecoin in the future? Is it possible for bitcoin to be a popular tool in the payment industry? .....
BTC is hard to become a stable currency. currently it is being manipulated and make price by so many rich man .
Although BTC  is listed on the stock market and is limited to one day fluctuations of 20% but to Saturday and Sunday when the stock markets closed, inflation occurred again. And Saturday and Sunday are the days when it's most unsettling.

BTC listed on stock market? I do not understand it. Regarding manipulation, I think it will get more and more difficult when bitcoin market cap growing to be big enough and mass adoption in our daily life, then it will reach it is dynamic balancing & meet people's expection.