Post
Topic
Board Bitcoin Discussion
Re: Will Crypto mass adoption of crypto stabalize the prices?
by
Lpim01
on 11/03/2019, 09:18:52 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?
most people choose bitcoin because bitcoin is a strong cryptocurrency so that price increases or decreases will not be too significant. most of them make a bitcon become an investment. maybe with a lot of activities using bitcoin, making the price of bitcoin stable.
Even if there is a mass adoption(possible) but still it remains unstable only it lessen its volatility.
The good thing when there is a huge crypto market adoption, it surely it increases it value since the demand will absolutely increase and with that, there is no worries of losing.