Post
Topic
Board Bitcoin Discussion
Re: Will Crypto mass adoption of crypto stabalize the prices?
by
tbossmitche
on 26/02/2019, 20:48:02 UTC
I do not believe that mass adoption of cryptocurrencies will bring about price stability. This premise should be the other way round as I am of the opinion that price stability will have a key role to play in enhancing widespread adoption of cryptocurrencies. If we do ever get to experience price stability in the cryptocurrency sphere, it might still be a long way off. I also have a feeling that this might be really difficult because there are people still looking to profit from the prevalent hypervolatility in the crypto space and people like that try to trigger the pump and dump effect for their personal gain.