Post
Topic
Board Economics
Re: Bitcoin's High Volatility
by
plucking23
on 16/03/2018, 22:20:07 UTC
For now, since many people are now users of bitcoin, it is quite impossible for it to reach 0. But if we compare the users and all of the population, we still are in a very low number. That is why bitcoin's price is very volatile. It can have a drastic change when a big time investor sells or buys bitcoin. A region can also affect bitcoins price, like nationwide banning of bitcoin and like so.