Quote from: MAJICOIN on November 16, 2018, 05:05:54 PM

Quote from: Dacosta Osei-Tutu on November 09, 2018, 06:44:30 PM

The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.

Bitcoin can be stable but it will not for life time bitcoin is highly volatile currency and it can not be stable forever bitcoin is the word of mouth but the speculators change the market and they buy at low and sell at high value so with this the market can not be stable and if this stable then people who are trading they will avoid trading and if we hold this so if the market rise we can sell at high and it is natural that currencies can never be stable in the case of crypto where no central institute is available to regulate it.

Do not wait for the stability of Bitcoin. It will never happen. We know that its price always depends on the demand, and people mind cannot be predicted. Probably, it will be not so greatly volatile.