All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
I think bitcoins situation expectedly inevitable scenario that will always occur to it.Bitcoin is an economical asset that based on the demand and supply in the market.Its flactuating price is not a surprise as it is,due to its decentralized nature.To have a stable price is something that we would not know.Everyone might think of negatives about its volatility because of theyre losses but we should accept the fact that bitcoin price will be it either high or low.