Post
Topic
Board Bitcoin Discussion
Re: Will Crypto mass adoption of crypto stabalize the prices?
by
voztata
on 07/03/2019, 18:11:26 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?
There are not less peoples engaged into the cryptocurrencies. Stock prices are stable because they do change once the company/Industry has some major ups and downs rather than going for demand and supply.

Crypto markets run on demand and supply factor so they have high viability and changes from 30% to 40% a day. Stock markets are a bit stable and they don't have these huge changes. Mass adoption can stabilize the prices of small volume coin. It is not possible to stabilize the prices of bitcoins or any such major cryptocurrency.