Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin's price stabilize someday?
by
Doan9269
on 16/04/2022, 09:41:33 UTC
Ever since mainstream adoption skyrocketed like crazy, prices have never been the same as they were before.

always take note that when dealing with digital currency like bitcoin this is inevitable, expect this as a continuous process

As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth.
As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth.

you're right, bitcoin has been outstanding in terms of profitability, market capitalization, adoption and investment asset over other valuable investments.

If Gold's price is relatively stable, why can't Bitcoin be the same?

They are two different things having different principles that generate their values in the economic market, gold is a physical and stable element of investment while bitcoin is digital decentralized currency that works with the equilibrium of volatility.

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future?

The entire 21m bitcoin is yet to be mined and no any tangible evidence that bitcoin price will be stabilize, because volatility is what backs market profitability of which is the standard of bitcoin, so bitcoin can't have a fix price but rather maintain a range.