Post
Topic
Board Bitcoin Discussion
Re: Does everyone want bitcoin to be stable in price?
by
SOKO-DEKE
on 16/11/2022, 13:01:45 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 think there's no any way to make the price of Bitcoin stable because it involves buying and selling and I thing that in buying and can never be  stable in price do to law of a reason demand, the higher the demand the higher is increase in price. This can only happen when is only  one person or company involve in holding Bitcoin.