Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - the future stable coin
by
tenakha
on 12/11/2018, 20:55:20 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? .....
I don't think that Bitcoin has a responsibility to be stable. The stability of Bitcoin is contrary to its nature, only edge interventions can make it stable and it will not continue a long time.
We didn't see a big price change, it was just a minor change. Happenings only caused a small price change and afterwards everything returned back.