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Topic: Should bitcoin price in the system will stabilize at a current rate? - page 2. (Read 1063 times)

member
Activity: 94
Merit: 10
it wouldn't surprise me to see bitcoin in the 1800-2400 range until late july. after august, all bets are off as to what will happen.
sr. member
Activity: 1484
Merit: 253
I think bitcoin will stabilize it's current price in the system soon, and if has reached and come up with a better price that can sustain a businesses; it could have minimal fluctuations like a fiat currency. Business owners doesn't want an erratic price movement in a currency, that's the main reason why a country's economy will fail, because of fast moving currency which suddenly fall down of a currency price value at exchange market. Nowadays if this $2000 plus will continue to remain productive and demand will eventually rises, there is no wonder we can set a stable price in the future with our bitcoin digital currency system.
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