Post
Topic
Board Economics
Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
by
MainIbem
on 17/11/2018, 08:46:19 UTC

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.

There are few better ways to put this message across, but you have in these words stated an ominous fact. At the stage, we are now, volatility is like a poison. If there is anything to do, it is to reduce volatility. It is, therefore, a good thing that prices of bitcoin and other coins have remained relatively stable since August. This tempo should be maintained.