Post
Topic
Board Speculation
Re: When will the price of cryptocurrencies be stable?
by
1Referee
on 16/09/2018, 08:27:54 UTC
The price of cryptocurrency will not be stable for at least two years. Why? Because there are still a large number of merchants and whales in control of the market, only coins can fluctuate to make a profit!

Whales have always been and will always be in control of the market, nothing will ever change there. I rather have whales in control of the market than a bunch of gambling addicted lunatics thinking this is a money making paradise, which it clearly isn't.

Merchants in control of the market? Really? At least you should have said that it were the payment gateways who are in control of the market, which would have made a bit more sense since the far majority of the merchants use payment gateways to settle their crypto payments. Selling pressure from these payment gateways is negligible, especially with how the bear market single handedly trashed people's confidence to spend or invest their coins.