Quote from: CuriousGeorge on December 18, 2018, 11:40:40 AM

Quote from: acheampong64 on December 18, 2018, 07:50:43 AM

Quote from: hardhardy on December 17, 2018, 11:19:53 PM

Adoption requires stable prices, not necessarily high prices.
But with high volumes, high prices are also more stable.
It's a chicken-egg combination

Lol....this thing is a very confusing dilemma. The cryptospace has been experiencing a lot of late and the adoption problems have been an issue as well. Nevertheless i side with you buddy, it isn't all about a high price but it's about a stable price amidst a healthy environment. Without these, people wouldn't have the courage and zeal to enter this ecosystem.

Adoption doesn't need any stable value but it needs utility usage. They wanna use it because it can give advantage for them. they are using it for their benefit and the value doesn't have any important role on this case.

They kinda go hand in hand. If you have adoption without getting a bull people will get into bitcoin like last year but eventually will go away when the price can't sustain those levels. When you create a bull but there is no adoption than the price can't be sustained again because lack of buyers and will go down too.

No matter which one you select if you do not have the other one the price will definitely fall significantly after a bump. That's why you need both adoption and bull run together, you need them to be at the same level as well, when there is a bull there must be adoption so the buyers never become less than sellers and when there is adoption you need to make the price go up according to the level of adoption so people do not get out faster than they get in.