Quote from: bbc.reporter on October 03, 2022, 03:53:04 AM

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.

Stable price indicates that either market is at complete equilibrium always which it can never be all the time. Sometimes demand will increase the supply and vice versa. This means that stability means no more booms in the market. Moreover it will take away livelihood from traders, arbitrageurs and hedgers, because no movement in price means trading closed Altogether and this will take away a big chunk of money as a lot of people are just to invest and make money.