Post
Topic
Board Economics
Re: Why all people moan about the price of bitcoin?
by
Finatu
on 17/09/2018, 12:27:37 UTC
I think there are so many people complaining that the price of bitcoin might be due to the price in the past year in December that the price could touch at a price of $ 20k and is currently falling back which makes traders complain and maybe if you draw the conclusion of the price increase of bitcoin from time to time that is indeed what happened.
I see bitcoin is fine, if anyone complains that prices are down, they don't understand bitcoin as a currency, but are more likely to see bitcoin as an investment. The price of bitcoin is made because of supply and demand, so that the price of bitcoin will gradually be corrected naturally. For most people wanting bitcoin prices to go up and down is not too much and not too fast, so speculators are not playing with prices.