So this January bitcoin saw the first signs of stabilization after the big swinging we had late last year. Many people consider this as the the inevitable maternity of the currency in the eyes of the whole world. It is too early to be sure, but we have gone through alot sins the sudden fall of the coin from its highest point in the end of 2013. AS a currency that is know for is violent exchange rates, and the sudden changes of up to 50% of its value, I think we can see his past month as a good sigh for the coin is here to stay.
So whats so important in the stability of a currency such as this?
Well, the more stability a coin has, the less fuss you’ll make if you loose huge percents in a transaction. And as we know, for the past few months more and more merchants are looking into using the currency in their businesses. as simple as that. The more stable it is, the easier it is for commerce and business to thrive on it.