Post
Topic
Board Economics
Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
by
Irvinn
on 01/11/2018, 05:59:46 UTC
For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.