Post
Topic
Board Speculation
Re: Will Bitcoin's price stabilize someday?
by
Renampun
on 06/05/2022, 22:44:13 UTC
...

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future? Your input will be greatly appreciated. Thanks in advance. Smiley
Bitcoin is not owned by anyone, it is purely decentralized so I don't find any chance for the bitcoin price to be as stable as fiat (dollars)...

even if all bitcoins are bought by one person, it will not make the bitcoin price stable, the unchangeable supply of bitcoin also has a major effect on bitcoin prices which certainly cannot be manipulated like fiat.