Post
Topic
Board Economics
Re: Bitcoin or gold?
by
bryant.coleman
on 20/02/2017, 18:24:39 UTC
Well i think it will not be the same as 2013 happen that the price hit the price and crash that i think for now its impossible to happen because we are already growing and more people are holding large amount of bitcoin and many people also are using bitcoin they can manipulate the price of bitcoin since we are growing the price gradually increasing..

We didn't had any major Bitcoin robberies (such as the ones with Mt Gox and Sheep Marketplace) for some time now. And this has helped to retain the interest in Bitcoins. Also, the user base is slowly growing and getting more diversified as the early adopters are offloading a part of their coins. The more diversified the Bitcoin sector becomes, that much harder it gets to manipulate the exchange rates.