Post
Topic
Board Economics
Re: Bitcoin's High Volatility
by
udanemas
on 24/06/2018, 11:26:33 UTC
As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.

Yes, Bitcoin is the high volatile. But It is normal. I think This instability is caused by the inadequate adoption of real use cases and the abundant supply of people who are still on the idea that you just buy bitcoin and get rich. If bitcoin does not work in real life, using it will stay like this. Maybe in the future Bitcoin will more stable.