Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
bryant.coleman
on 10/05/2016, 09:36:41 UTC
The price of bitcoin has been stable for a while now my friend nothing different than cny/usd.

You can't compare the BTC/USD exchange rates to those from CNY/USD. During the past 12 months, the BTC/USD exchange rates have fluctuated by more than 100% (low of $230 per coin, and high of $460 per coin). On the other hand, what was the peak fluctuation in CNY/USD? The high was $1 = 6.19693 CNY, and the low was $1 =  6.60060 CNY.