Post
Topic
Board Economics
Re: Why bitcoin prices are always very unstable
by
runam0k
on 10/10/2014, 11:40:42 UTC
Because of the poor liquidity... Even moderate orders can move the price up or down big time.
Gonna have to go with this response IMHO
The correct response.  Anyone with an inkling of how capital markets work will realise liquidity in Bitcoin is a serious issue.  We only just got our very first regulated derivative FFS.  We have a long way to go but ultimately liquidity will bring price stability.