Post
Topic
Board Bitcoin Discussion
Re: Does everyone want bitcoin to be stable in price?
by
Esther C
on 05/10/2022, 07:35:50 UTC
I was reading some of the replies in of @mr_jk's thread when he asked what will happen if bitcoin's price became stable?

The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.

Stability does not support trading. There would be no margin for profits. And even investors would see little or no value increase over time.