Quote from: mornabo on October 17, 2018, 01:09:20 AM

Quote from: harizen on October 15, 2018, 07:25:43 AM

Quote from: omonuyak on October 14, 2018, 07:40:34 PM

For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.

Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable.

Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was.

You just have to trust the process.

I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable

Bitcoin price will never stable because the price depends upon the investment cap and investment cap cannot be the same all the time. Some people withdraw and some put their money in it. Therefore it is natural that the price will up and down with demand investment capital. You should not worry about the price of bitcoin at this point. It is also quite well.

Alfiehob

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