Post
Topic
Board Economics
Re: Why the price of Bitcoin change more than traditional currencies?
by
Universat
on 02/10/2016, 19:05:25 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
I think in that year bitcoin will be more stable as the technology of bitcoin is much faster and its adoption is also on a fastest speed so when a time come when every perso will have bitcoin the price will be pretty stable.
to me it is because bitcoin is a new currency and still its price is not so stable and that is therefore are observing so much change in the price of bitcoin, as much people will inter in world of bitcoin the price of bitcoin will become more and more stable.