We knows this bitcoin showing good sign for their stabilities as currency, hoping this is a chance to hit again the all time high.
I understand the Bitcoin Price was a bit stable as at the time the topic was created. Volatility is what makes Cryptocurrency market the best. Stability in the price of bitcoin would not yield the investors or traders any profit . The general nature of Cryptocurrencies is Volatile , that is what brings profitability. Experienced traders buys at deep and sell when the price improves. Bitcoin will never be a stable Coin . The Volatility helps the market a lot .
Volatility is good for traders but stability create acceptability and adoption. No one will use a currency that is not stable because we actually need retailers or wholesalers to be able to accept bitcoin as a mode of payment and at that bitcoin will realize it potential.
Pros and contras about this, actually something natural. Depends on who see about it, traders must want volatile to make profit and the other want it to stable so it can be payment and adopted in worldwide.
I understand too what do you want to deliver about volatility, but we need to be positive thinker to believe bitcoin gives another opportunity to earn profits.
Hoping about the positive outcomes doesn't change the future outcome. I usually spread the awareness around my family and friends so everyone will be able to take the benefit from the new form of electronic money. Opportunity comes and goes but BTC has strong technology like blockchain.
it really have strong technology. Maybe if want to be payment, it only need to get accepted by a lot of people, then government in some countries. It will really helpful for people itself if it can be payment and for community.
No it is not true, we can see now people from all over the world are accepting and using crypto currency, people are very much interested in crypto currency to use as currency, It is famous investment which is not supported yet by government in my country so it is hard for it to become stable coin, it is not good and not possible as well to see it as stable coin, the rise and fall of price is its real attraction.