Post
Topic
Board Speculation
Re: Would you be satisfied with steady, gradual rise of BTC price?
by
poptok1
on 05/04/2019, 23:04:44 UTC
Steady and gradual will NEVER happen with crypto though it would be preferable in many ways.
Never say never Smiley

Birth is not a smooth process. It's a series of contractions. That's what's happening here too.
That's a nice analogy and I tend to agree with you, however bitcoin is 10 now, don't you think the labour part is long over?
Sure, in comparison to other, classic assets being 10 is like being 0.1 however a day of birth is also a bad representation.
Maybe this is exactly what we are getting here, following the kid analogy, crypto is becoming a teenager and as such it "decides" its place in life? Still long way to go, I hope and stabilisation is not excluded. It may happen.