Quote from: deisik on February 05, 2020, 02:26:16 PM

Quote from: HarmonyA on February 04, 2020, 11:35:12 PM

Despite the predictions that cryptocurrency markets will settle as they develop, particularly as supposed stablecoins develop in prominence and impact. Consider the possibility that, in any case, the entirety of the instability isn't a bug. It's altogether conceivable that it's a market include that is not leaving at any point in the near future.

These predictions have been proved wrong time and again

In fact, people were making such claims as back as 2015 (and probably even earlier). They claimed that Bitcoin (let's talk about it here) was going to be more stable at higher prices. But it is impossible for a speculative asset to remain stable for any longer amount of time, and still less so at higher prices. And the reasoning can be easily reversed. If we want a more stable Bitcoin, we should make it less speculative (which is a daunting task on its own, though). Dogecoin is an illustrative example of how things should be with Bitcoin in this regard

A decentralized cryptocurrency cannot be price stable by nature. This is especially true of bitcoin, which is more used by people as a speculative means than a means of payment. In addition, in my opinion, the higher the price of Bitcoin rises, the more its price volatility will manifest itself.