Post
Topic
Board Economics
Re: Why Is Bitcoin's Value So Volatile?
by
Watashi Yamashita
on 12/03/2018, 21:19:52 UTC
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

Bitcoin is volatile because there's no one controling it. It is decentralized meaning the government has no power over it same with any other organization. It has no stable value because it is rotating through blockchain technology and there's no definite assurance that it will always be in demand. You can benefit from the volatility of bitcoin wherein as the value pumps up, your profit will rise with it together but it can also happen in reverse.