Post
Topic
Board Economics
Re: Why the price of Bitcoin change more than traditional currencies?
by
Supercrypt
on 02/10/2016, 18:27:04 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
Those who are traders will like that way as with fluctuation they are much happy and they want that the fluctuation remain in bitcoin forever but maybe it will come to stability in some time as those who want to put their money in bitcoin and want to start business with bitcoin like its stability.