Post
Topic
Board Economics
Re: Is bitcoin volatility here to stay?
by
nightways
on 12/07/2019, 10:27:59 UTC
I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?
There are some people who will tell you that very soon that the market cap of Bitcoin will move to trillions and the price rate will be very high and at that time the price is going to become stable. Okay. Maybe that is true or maybe it’s not, because one thing I know for sure is that there are two different kinds of cryptocurrency – the stable ones and the ones that are volatile. If anyone wants something stable, they will and should probably go for the stable coins like PAX, TUSD and the rest of them. Bitcoin is volatile, and I believe that is how it’s going to be… and even if it gets to a trillion market cap and becomes stable, it will still fall back again to a very low price. It won’t stay at that for long. If you don’t like volatility, simply go for the stable coins, they are there for those that needs stability.