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Board Beginners & Help
Re: Bitcoins heavy price movements unfortunately show the advantages of fiat currenc
by
Nath
on 13/06/2011, 15:01:41 UTC
No, because the bigger the market, the bigger the participants of the market.  Also there are well known psychological effects which lead to mass sells/buys in certain occasions.

This is not a problem in some limited sub-market (like a certain part of the stock-market for example), but if it hits the primary means to do trading, it can be very dangerous because it affects the whole economy.