Post
Topic
Board Beginners & Help
Re: Ask about bitcoin
by
Amph
on 27/11/2015, 07:45:55 UTC
it's because the market is in a heavy speculation phase, when will be in a heavy adoption phase with a very big market cap the price will be more stable for a long time

this does not mean that swings will not happen(gold for example still has its instability phase despite 6T marketcap), but at least you will not see +50% in 3 days or something

what you said is ok but at last you said we will not  see +50% in 3 days how can it be , last month withing 3 days it went above 100%, so it is clear that the market statistics are unpredictable.

yeah , but i was talking what happened in the whole picture, so the final price was +50%

we went from 230 to 460 then 350, which is around 100%--->50%