Post
Topic
Board Economics
Re: The BTC price must stabilize in the long run.
by
ultrloa
on 18/08/2022, 11:28:07 UTC
~
Its just common sense and if we do talk about stability then its better to deal with fiat or stable coins but we know the cons of it which it would be less for you to make money or profits.
One of the things on why people do love to invest on something which does have potential on making profits via those movements and this is where people do get interested.
We dont want stability and we dont want for the price on moving less because we cant really make out some money with that and this is what most people do love the most
which its moving price and since it does have the potential then there's no doubt on making profits in the future.

It depends on who are the "we". Daily traders don't want stability for sure, but just holders ... idk. The lack of stability is what scares off many people from using Bitcoin, and we want more of them, right?

Yes, we don't want stability around $20k, but around $100k, I wouldn't mind. Smiley

In trading perspective for sure traders would not like to see bitcoin go stabilize because if this happen for sure many traders lose a lot of profit because they cannot trade it according to what position they like to enter.

But if we also see it on adoption especially to be added on local merchant maybe this is good because for sure many institutions will look at it as valid grounds for acceptance and they will not worry about volatility and they can take advantage on its huge user base.