I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..
You mean boring investment in a scenario where bitcoin doesn't have much fluctuation in price, becoming a stable or devalued currency.
Then I think it can't bring the market down, instead, it would be already a consequence of the marketing going down or a lack of interest consequence by enthusiasts towards bitcoin, however the *boring investment* isn't the main cause. In a scenario like that we would need to analyze other factors before spelling any theory.
He do basically do mean out with that kind of scenario on which he do call it boring because it doesnt move like in the past showing off big spikes or some sort.
For now we do see the entire market is on a stable-like manner in terms of movement but doesnt mean that it did already become boring stuff. Market can be possibly into this kind of state which is inevitable
but doesnt mean that interest of people or community had already gone.
Im not saying that this would last forever but its too early to make conclusions or negative presumptions basing off on what we are currently seeing.
Expectation is so high for some people thinking that it always have a bubble, but situation is so different right now since we have a big problem in terms of economic stability so we should expect that something not good will happen. but what good thing happen here is the price became stable so we should take this as positive and for us to earn we should be settled for the little profit given by little volatility so that we will not get bored waiting for something big.