Post
Topic
Board Bitcoin Discussion
Re: Stop calling Bitcoin ''stable'' it's not.
by
Bonsaiav
on 17/11/2018, 23:55:03 UTC
Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

So far, precisely in the past 70 days, the price of bitcoin has more often moved up and down ± 1%, and the price has always returned to ± $ 5.500. So on that basis I assume to keep calling it as stable/stagnant bitcoin price.

I am very sure the next Bullrun will be present, but we do not know when this will happen because all this it could be far from what was predicted by many people before.