Post
Topic
Board Speculation
Re: what could cause bitcoin prices to go up and down?
by
Ava Duvall
on 07/09/2018, 07:15:39 UTC
It is bound to fluctuate.
Bitcoin and cryptocurrencies are not backed by any financial system to keep the price sfable.
Volatility is an intrinsic quality of cryptocurrency.
You are correct. It always changes and yes it is downside that there is no financial system to keep the price stable, but at the same time, bitcoin gives you a lot freedom.