Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as Stable as Dollar and Oil Markets, Says New Research
by
beliomir
on 14/10/2018, 16:39:46 UTC
Bitcoin as Stable as Dollar and Oil Markets, Says New Research

New research published in a leading scientific journal says that Bitcoin has matured and is more reliable than before. A Vote of Confidence for Bitcoin Cryptocurrencies are considered as a highly volatile asset class. Bitcoin price in 2017 rose from $1,000 in January to nearly $20,000 in December before crashing back to $5,800...

Read more: https://www.trackcoinmarket.com/en/crypto-news/33449/bitcoin-stable-dollar-oil-markets-research

Such good news to all of us. With the value of bitcoin being stable then we don't have to worry anymore of the huge dips. All we need to focus now is the future profits of our long term bitcoin investment. As we all know that over time bitcoin's value will really increase due to its scarcity and difficulty of mining one. Adoption increases as well as bitcoin matures.

Here's another article about the stability of bitcoin same as dollar and oil. https://bitcoinnews.com/research-bitcoin-as-stable-as-dollar-and-oil-cites-cubic-law/

If Bitcoin has stabilized at the moment, it does not say that it will no longer sharply fall or rise.