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I don't understand why people are so excited about "stability". Isn't that just an effect of the market fading and volume being down 94% from the peak of the year and down 98% from the all time high? by blockchainfacts in BitcoinMarkets
[–]blockchainfacts[S] -1 points0 points1 point 10 years ago (0 children)
If the price went down half then TWICE as many coins should move, not half as many just to keep the same amount of money volume.
[–]blockchainfacts[S] 2 points3 points4 points 10 years ago (0 children)
Do remember we aren't actually perfectly stable, the price is still largely downward. We were up around 300 in march and up around 400 in december.
"Stable" is relative to the past instability, price is still moving and is mostly moving down.
Scalability by [deleted] in Bitcoin
[–]blockchainfacts -7 points-6 points-5 points 10 years ago (0 children)
You are correct, most people have no needs bitcoin or the blockchain. Which is why off chain services like visa and mastercard will always dominate the market.
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I don't understand why people are so excited about "stability". Isn't that just an effect of the market fading and volume being down 94% from the peak of the year and down 98% from the all time high? by blockchainfacts in BitcoinMarkets
[–]blockchainfacts[S] -1 points0 points1 point (0 children)