Post
Topic
Board Economics
Re: DON'T DO PANIC SELLING !!!
by
michkima
on 23/10/2017, 09:07:40 UTC
They need to study what bitcoin is. Than they would know what bitcoin actually is. BITCOIN IS UNSTABLE. This is why it can drop very hard and that it can go very high in one week.

For an example bitcoin was nearly 5k worth but in one week it fell to 3k. This means that its unstable.

Yeah it is unstable but bitcoins are really under-priced even at this level of trading. The price is likely way above this, if there would be a great adoption then the prices will likely go up because of the level of demand for it and there is not enough supplies.

This is unstable now because the demand and supply has not yet balanced out. If there is a lot of consistent demand, then likely prices will stabilize as well.