Post
Topic
Board Speculation
Re: When will the price of cryptocurrencies be stable?
by
South Park
on 30/09/2018, 17:23:52 UTC
I think the price of crypto will be stable it will need a very long time, because for now the price of crypto is still very often rising and falling and my estimate of crypto prices will be stable around 3-5 months ahead.
I do not know if the most powerful entities in the world cryptocurrencies would like that bitcoin becomes a stable currency, there is simply too much money to be made if bitcoin is a volatile currency, that is why I think that bitcoin is a lot more volatile than it should be because exchanges benefit a lot with the volatility of the market and they are probably trying to influence the market to remain that way.