Post
Topic
Board Economics
Re: Why the price of Bitcoin change more than traditional currencies?
by
dearbesz1219
on 21/01/2017, 01:25:54 UTC
I noticed that the price of Bitcoin change much like all altcoins.
But the price of other traditional currencies like the euro, for example, are stable and do not change much.
It is the government that control their prices?

It is because Bitcoin is decentralized unlike traditional currency. We all know  that a digital currency like bitcoin is cannot be control by any of the government of each country. That's why fluctuation is always happened in the trading exchange platform. And if ever Bitcoin will become stable in price it is surely that all altcoins will down their value price, if that so many of the cryto enthusiast will get disappoint unto it.