Post
Topic
Board Economics
Re: What do you guess about he future of bitcoin?
by
deisik
on 19/03/2015, 17:58:28 UTC
So bitcoin will need more people to used it in order to get more stable !
hope it gets stable because for the moment it's heavily unstable

Look at the history of the oil market, oil price was quite volatile at the beginning of the last century, with its market growth and increasing adoption, eventually the price became more stable.

I think we can establish a parallel between bitcon's current market and the first decades of the oil market.

A really strange comparison you have just made. Have you looked at the recent oil prices and their fluctuations? In fact, oil price had been quite stable at the beginning of the last century. For that matter, I would rather say that the bitcon market volatility mirrors that of oil prices...