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Topic: When will bitcoin price become stable? - page 2. (Read 272 times)

legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
February 21, 2018, 06:41:48 AM
#3
I don't think you are really thinking of "stable" but rather thinking of an "upward prolonged trend". That is a different question altogether. Google price history on bitcoin and you'll see that it's in it's nature not being stable. True that there are more prolonged uptrends than down trends, but no stability.

If bitcoin were to be stable the game would be completely different:

* Bitcoing could become a real day to day payment method (technical issues and Tx price aside). Who wants to really purcharse/sell real goods nowdays with bitcoin if price fluctuates on a daily basis and often in a wild maner (dark matters aside).

* The profile of bitcoin holder would change, since it would be less of an investment (we hope..) and more of a real alternative to FIAT.
legendary
Activity: 2576
Merit: 1043
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February 21, 2018, 06:25:34 AM
#2
What do you mean stable? Like the price of bitcoin will be at 11k in one day?? Definitely no, because we know that bitcoin has the volatility nature and we can't do anything about it. Bitcoin for me will never become stable because it can go up or go down anytime. So regarding to your question when will bitcoin become stable? My answer is NEVER.
newbie
Activity: 1
Merit: 0
February 21, 2018, 06:22:20 AM
#1
Since last couple of weeks we can see that the bitcoin price is going up and going down.
Is there any possibility of become the stable price of the bitcoin ?
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