Quote from: steampunkz on November 14, 2018, 04:21:34 AM

Quote from: disappear4ever on November 11, 2018, 04:38:17 AM

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? .....

PS:

1) I am not talking about NOW, it is for long-term consideration (maybe 10-20 years). In this period, bitcoin still keep going up & getting very valuable;
2) My assumption based on the mass adoption of bitcoin in global payment sector, together with the development of blockchain & bitcoin itself;
3) "Stable coin" does not mean bitcoin's price is fixed or pegged with fiat currency, it is more like an independent currency beyond any national digital currency which will be the main stream in next 10 years because it is evitable that big economy will issue their own digital currency in the coming future.

We cannot say bitcoin will be stable? Because of all the chaos happening in the cryptocurrencies price right? Pretty sure it will become stable if the government will accept it as a primary financial platform but it will take more and more of years.

Precisely, some people visioning bitcoin as it will grow more promising and pump up immensely like the last year outcome. Consequently, bitcoin is not good at this state, as the market is still on rapid and steady growing. Maybe stable was meant as the stable drop. But still despite all circumstances, let us be hopeful for its fast recovery.