Quote from: Irvinn on September 16, 2018, 06:41:53 AM

Decentralized crypto currency can not be stable and its price by its nature. Its price is formed solely on the basis of the supply-demand ratio in the crypto-currency market, and they will never be stable. The stable price for crypto currency can be only in one case - when there will be no demand for it and its price will be zero.

There are other decentralized assets, too. What about gold or oil? By many standards, they're volatile markets, but compared to cryptocurrency they're very tame.

I think it's largely a matter of market liquidity. At higher prices, no one can push the price up with just a couple million dollars. Hopefully that, combined with bigger bid liquidity due to rising demand will help stabilize things.

I agree though, that these markets will always be less stable than lots of assets -- blue chips, bonds, commodities with inelastic supply and demand, etc.