Post
Topic
Board Economics
Re: Why the price of Bitcoin change more than traditional currencies?
by
Idrisu
on 25/03/2017, 06:16:03 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?
I have see this especially this week bitcoin price is fluctuating to the extent that I cannot imagine what is happening. Just imagine price deep from $1,300 to 997 back to $1,110 and now $905 and it keeps on deeping. Traditional currency don't take that kind fluctuations USD cannot fluctuate like that only crypto currencies which is at it infant stages can behave like that.