Post
Topic
Board Bitcoin Discussion
Re: Stop calling Bitcoin ''stable'' it's not.
by
Captain Sneeze
on 18/11/2018, 18:49:42 UTC
Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

This somewhat reminds me of the science lesson about active and dormant volcanoes. Right now, bitcoin is in dormant state, bit there would be time (no matter how long) that it can "explode" and reshape the economy. But I have faith that this changes that bitcoin will "emmit" is for the betterment of our economy.