Post
Topic
Board Bitcoin Discussion
Re: Will cryptos be so volatile forever?
by
EtherSportz
on 29/01/2018, 19:54:02 UTC
It will definitely stabilize. We have to remember that for most of bitcoin's lifespan, its price was actually relatively "stable" - of course there was volatility, and at some times massive swings, but it was not this daily -+10% kinda stuff we see now. This period is unusual, and in my mind, artificial. It represents the mainstream people finally become aware of crypto and diving on board to make a quick buck. Once those people get burnt out, they'll move on to the next thing, but the core will remain.