Post
Topic
Board Bitcoin Discussion
Re: Will Crypto mass adoption of crypto stabalize the prices?
by
gribble
on 07/03/2019, 10:39:26 UTC
As compared to cryptocurrency market, the prices of stocks in stock market are quite stable. Unlike various altcoins, they do not suddenly increase or decrease (pump or dump) with 30-40% in a day. Is this because less people are into crypto market and the cryptocurrency prices are controlled by those who have ample amount of coins?

So, will mass adoption stabalize the prices of Bitcoin and altcoins?
I don't think cryptocurrencies will be on stable because although they have been addopted by mass i don't think stocks market is stable in the price, they always volatility in the price, for example please see the stocks market of comodities sectors they are volatility in the price. And we know that bitcoin will be comodities sectors when it be addopted by mass. So the price of bitcoin will be always volatility in my own analysis.