Post
Topic
Board Economics
Re: Bitcoin stability
by
gamalzour
on 03/11/2018, 09:39:46 UTC
I am eager to know how do politic situations particular countries affect the Bitcoin stability, is ti really affecting Bitcoin. As we know that Bitcoin is decentralized of blockchain technology and I think that it will not be affected by politic issues of certain states. In other side, politics is affecting of economic stability. It potentially contributes to break or strengthen the economic in many countries. I would like to know other opinions.
Bitcoin is unreliable of such. It is something else on its own and activities that takes place in any country cannot have any effect on Bitcoin or anything cryptocurrency. The only way that Bitcoin becomes stable is when there is lesser demand and the supply is kind of balanced with the demand, that way the price will stay stable and there wouldn’t be much fluctuation.