Post
Topic
Board Economics
Re: Bitcoin price fluctuation
by
Bachelorrd
on 14/01/2018, 03:38:49 UTC
Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

I don't think it will ever get stabled, its the main reason why bitcoin is profitable. The price fluctuation gives us a lot of profit because we can buy at a very low price and sell it on a very high price.