Post
Topic
Board Bitcoin Discussion
Re: Why is bitcoin stability important?
by
Blitzboy
on 06/01/2024, 10:10:17 UTC
I think promoting Bitcoin stability is partly a matter of avoiding the Alcoin crisis, major changes in cryptocurrency activity, high inflation and excessive volatility, and the Alcoin market. Volatility can increase uncertainty, hinder investment, hinder growth in Alcocent.
What is your opinion?
On the other hand, volatility can make the market more exciting right?
Investors will become more excited to invest in it because they believe that volatility will give profits to them. Yes, there's a risk, but all investments have risks.

Promote Bitcoin stability? Bitcoin will never become stable, and FYI, those so-called stablecoins aren't stable as well so what do you expect with Bitcoin? There are some investors out there who see Bitcoin as an asset, and that alone is a good reason why it will never become stable. I mean all assets go up, and down right? That's what makes people rich, but makes them poor as well.

Nevertheless, Bitcoin stability will never happen because it isn't designed to be like that.