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Author Topic: What happens when bitcoin becomes stable?  (Read 1525 times)
assyla
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November 22, 2018, 09:30:57 PM
 #201

The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.
The price of bitcoin os almost stable because of the fact that the supply and demand of the bitcoin is balance, there is no something big rise or drop of the supply and demand of bitcoin in the market. I think every year the price of bitcoin is unpredictable so we cant say that it will last for a long time or it will not.

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saumang2m
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November 28, 2018, 05:24:29 PM
 #202

If Bitcoin becomes stable. So this may have an effect on the market that has bitcoin. Because as many people are connected with Bitcoin so far. And else it's going to be further added. That is the bitcoin that the volatile market is connected only because of that. The people associated with this is a good profit because of volatile market.

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mensahkkofie
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November 28, 2018, 06:31:59 PM
 #203

I think bitcoin can becomes stable whenever bitcoin become stable then it acceptability and adoptability will be global.but it will not for life time just some time.
I believe it is the hope of most crypto enthusiasts including myself that bitcoin would gain the necessary recognition that it deserves and that is the hope that keeps most of us focus on bitcoin. I think more stability means that many people would accept the use of bitcoin.
jhache
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November 28, 2018, 06:45:56 PM
 #204

I believe that when bitcoin finally stabilizes, there we can talk about mass adoption, it would be extremely beneficial, since we would begin to use it for what was really designed, to make transactions and replace fiat currencies, with that the vision of Satoshi would be complete and we would have much more control over our economy.

boakyei
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November 28, 2018, 07:17:51 PM
 #205

Bitcoin is not going to be stable. The demand and supply of bitcoins is not going to let bitcoin to pegged against a particular price. As the assets on stock markets do go up and down so is bitcoin.

burky156
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November 28, 2018, 08:38:39 PM
 #206

I believe that the bitcoin price never become stable, it is impossible. Before the latest market crush bitcoin price were changing between $6.000 - $6.500 and stayed that line like 6-7 months but never stabilized. In bitcoin history the price never been stabilized actually, it always changed. Big ups and downs will keep continue and the price always will be unpredictable.
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