Post
Topic
Board Bitcoin Discussion
Re: Will cryptos be so volatile forever?
by
kryptorian
on 29/01/2018, 21:27:16 UTC
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?

Without wider adoption in the real sector the volatility of cryptocurrencies is not going to diminish. Major fiat currencies are rock solid specifically because they have huge application as a means of payment, and this keeps their volatility in check. This is not so with cryptocurrencies. There is a very small market for goods and services which can be bought with these currencies and, at the same time, a huge speculative market which leaves them no chance to become stable.