Post
Topic
Board Economics
Re: Why the price of Bitcoin change more than traditional currencies?
by
facepalm
on 29/07/2016, 13:33:45 UTC
In the last few weeks, the bitcoin price is quite stable. I think it is almost as good as the British Pounds.
I think every user has disagreements to the fluctuations and stable price. me maybe I prefer a stable price compared to prices fluctuate. but maybe traders would prefer to have the price of a high speed compared to the price stable due to the fluctuations they can benefit

I think the stable price is good for the adoption. If the volatility of the bitcoin is less 2% a week and rise 1% every week, that is ideal.

That would be awesome!
It would bring us a 52% increase in one year.
I think a crypto currency can handle that without going down rapidly in some point later.