Ninjastic
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Board Economics
Re: Why the price of Bitcoin change more than traditional currencies?
by
Harlot
on 28/08/2016, 19:07:19 UTC
Quote from: rekinthis on August 28, 2016, 04:58:05 PM
Quote from: purebitco on August 25, 2016, 10:08:15 PM
Quote from: dumada on August 08, 2016, 07:36:42 AM
Quote from: freundes on August 07, 2016, 06:29:35 PM
Quote from: jak3 on August 07, 2016, 04:27:12 PM
traditional currencys like usd, inr, eur has high amount of volumes and still governments are printing more and more money and banks are controlling them but cryptocurrency like bitcoin has a fixed volume and to reach the total of it we are mining it
I totally agree with this, before reaching the fixed volume i personally think there will be lots of fluctuations in the price of bitcoins every now and then. Even after we reached the fixed volume there might be a slight fluctuations in the price like traditional currencies

I agree with that. In 2140, the bitcoin price will still be volatile, but its volatility will be lower than now.
you are right, it is going to be fluctuating all the time though the price is going to be way higher then and make us some decent money
yeah we cannot do anything about it and i dont think that it is going to change any time soon, i hope that the price of the bitcoin is going to be more stable in the future though
The government also need to control on how much money they print as the more you pront the lesser the value you will get. The Supply and Demand concept is still in place. The only different is is that BTC has a finite limit where our Fiat money has not. So that's why BTC prices are more volatile than real money