Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin so volatile?
by
BitcoinPanther
on 14/08/2022, 20:54:50 UTC
What are your opinions about it? I read this article recently about https://moneyinvestors.net/cryptocurrencies/why-is-bitcoin-so-volatile-4-fundamental-reasons/ do you agree with these 4 fundamental reasons?

Lol, you could have list those 4 fundamental reasons here so that we don't need to get out of the forum to see these fundamental reasons.  But I believe Bitcoin is volatile because there is no central authority that preserves its value.  Bitcoin prices depend on the market demand so it is dictated by supply and demand.  That is the reason I believe why Bitcoin is volatile.