Post
Topic
Board Economics
Re: Why the price of Bitcoin change more than traditional currencies?
by
skylighters
on 07/09/2016, 22:37:45 UTC
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

In 2014, the price of the bitcoin will be very high, so is the market capitalisation. So the price will be more stable.
2014 has already passed dude, the price of the bitcoin changes that much because in my opinion it depends only on people