Post
Topic
Board Bitcoin Discussion
Re: Will the price of BTC stabilize at around $10,000?🧐🧐
by
Artemis3
on 22/07/2019, 16:39:02 UTC
Will the price of BTC stabilize at around $10,000?🧐🧐

Bitcoin can never stabilize at any price. Bitcoin isn't inflating its price by arbitrarily producing more so it can reach a 2% yearly inflation quota, which is what they do to the USD and other fiat currencies.

When bitcoin matures it will oscillate less, but it will still keep going the opposite direction than fiat money. Its not bitcoin's fault, that the current world monetary policy induces inflation.