Post
Topic
Board Economics
Re: Bitcoin price fluctuation
by
CinemaAI
on 31/01/2018, 03:27:11 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?

The fluctuations on a percentage basis are definitely decreasing.
This is a normal process of price discovery for a new asset.