Post
Topic
Board Bitcoin Discussion
Re: Does everyone want bitcoin to be stable in price?
by
Renampun
on 29/10/2022, 13:09:50 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.

I like the volatility of the bitcoin price as it is now, if the bitcoin price is stable then it's no longer attractive and fortunately the bitcoin price will never be stable because bitcoin will forever continue to be a decentralized coin/asset.
in the market there are many stable coins/assets that already have many users then bitcoins no longer need to be stable coins/assets.