Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on November 18, 2018, 01:19:38 AM
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Stability is what most potential investors seek for before they can join crypto. However, it is with the volatility nature of crypto and Bitcoin that the price can move incredibly to bring profits to its investors. If Bitcoin maintains a steady price range for quite some time, more investors will join and this will be good for the entire crypto market.
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Steady price of bitcoin wont have interest for an investor to invest for there are no flow of currency trading. Bitcoin will become a nornal currency like we are using buying and spending everyday.
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I think we need some more movements of the price than being steady but I hope even on steady or moving price it will going to have a good effect on the market that will bring again some good increase.
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It may be termed as the cosolidation time where a balance seems to be available between the sellers and buyers which is good sign for crypto.
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I think if the price of bitcoin is stable then it will not be attractive for investors to invest because there is no currency trading flow. so Bitcoin will become a national currency like we use everyday and spend every day.
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I think now the price of bitcoin is not stable, because there are many negative issues regarding crypto money, but this is only a matter of time, because I'm sure the price of bitcoin will soon increase in the near future.
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Bitcoin is a decentralized virtual currency whose price will never be steady no matter how much we try to or wish. It's nature is volatility.
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These are our fantasies. However, Bitcoin will never be stable in its price. A stable bitcoin in price means an adjustable bitcoin, and we don’t need such a bitcoin.