Post
Topic
Board Bitcoin Discussion
Re: What is big problem in using of bitcoin
by
gerXhonza
on 16/08/2016, 14:29:05 UTC
Biggest problem in using bitcoin is in price instability, this is factor that is stopping many companies and big investors to use bitcoin.if price become stable then more players will join bitcoin.

I'm very agree with you. The price of bitcoin is really big problem for bitcoin, because the price can easily increase and decrease. For some people it's not good for investment.

I think you should take advantage of price volatility by making quick profits, because traders loves this situation and they keep on grabbing profits even with small fluctuations.


Exactly, I am a trader and I make best use of price fluctuations, and if bitcoin gets stable in future then I would be really not interested in investing my money into it as it will never give me quick profits.

Yes with like a calm sea in bitcoin not moving anymore, I would not stay too. There will be no excitement anymore. This risks that are happening and the patience in waiting if it will go up is what makes me feel good and monitoring it.

Majority of users are investing their money in bitcoin only because its allowing them to earn quick profits in trading, and I don't see any problems with price fluctuations.