Post
Topic
Board Bitcoin Discussion
Re: Does everyone want bitcoin to be stable in price?
by
Sunrise360
on 21/10/2022, 16:05:50 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.

For me I don't think it will be that beneficial for Bitcoin to have a stable price. Price volatility in my own opinion is what makes it more interesting as investors/stand will have the opportunity to buy at lower price, sell at higher price and make their profits.
That's my own humble opinion.