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/biz/ - Business & Finance

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339556 No.339556 [Reply] [Original]

will bitcoin's price ever stabilize?

>> No.339569

yes, in a few years

>> No.339604

Yeah, it'll go back to where it belongs when this hype is over in a few years.

>> No.339607

>>339556
depends, right now it has a mark cap of 5bil, pending on how many new players join the price will go up and up and up, or it will go the other way, there's money to make considering the market is still in its infancy and extremely volatile

>> No.339618

Yes, it'all stabilize near zero once it's abandoned.

>> No.339642

>>339618
>>339604
the trends of adoption suggest that you two are wrong

>> No.339671

>>339642
It'll hit a wall once everyone who is going to adopt is on, then the speculators will jump ship an most adopters will try to escape the sinking ship.

>> No.339840

yes at 0

>> No.339850

>>339671
What?

>> No.339935

>>339556
It will stabilize near $100. It doesn't need to be at the market cap it is at to be used.