Post
Topic
Board Economics
Re: Bitcoin price fluctuation
by
armansolis593
on 10/01/2018, 06:31:33 UTC
Will bitcoin price ever cease to fluctuate so hard?

We cant hide the fact that a lot of people join bitcoin because of its fluctuation, well its a smart move to gain profit for doing nothing at all.
Yearly bitcoin will fluctuate at an abnormal state (what they call bull run), this fluctuation is the main reason why bitcoin become so popular.

But what if the so called bubble would burst, shouldn't the price get more stable?

After the bubble has burst gradually bitcoin price will become stable, it doesnt happen overnight or even a week for it to become stable.
It will took 2-3 months for bitcoin to have a stable price at the market.