Not stable I would say, I am a trader which spend 12 hours + just to stay on my laptop to trade which used the margin of buy sell and also the volatility of the price. I look up chart and all I can see is the price is lowering gradually. Since you are not a trader you wont even notice this unless the price fall like $10 of course
Yeah, I know what you mean. In a way that's what I'm saying, though. I'm not a trader and only check the price every once in awhile. I think that's how casual Bitcoin users think about it, so to us the price doesn't move much, meaning it's relatively stable. I think that makes people feel more comfortable holding onto it. The daily traders of course notice every little move!
You are right if you see it from that point of view then the price is not moving at all and relatively stable and that makes alot more people comfortable on holding which usually make people lost some amount if suddenly the price crashed. Still my points stand, if you see bitcoin as a currency then price matters , if not then the price is not matters
