Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: uzair on August 28, 2018, 08:38:38 AM
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Bitcoin is both a currency, a virtual asset and a payment platform, Bitcoin can be understood as a social network special in payment.
Bitcoin is valuable because of its popularity. More and more people are accepting Bitcoin payments, which makes the value of Bitcoin increasingly. The value of Bitcoin is shown that amount of people using this crypto currency, it means that the value of Bitcoin is unstable, which can increase or drop at a rapid rate.
Moreover, remember that Bitcoin is not the only crypto currency. The appearance and growth of many coins have similar properties, even more advanced than Bitcoin about technology and platform also more convenient in payment. That makes Bitcoin will lose its value.
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For now the local eye is less stable, hopefully crypto bitcoin will be more stable and the better it becomes the best for all of us
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Ant crypto can rise or drop. It's not only about Bitcoin. The same thing happens with all world currencies also. So it's the normal way of currency market.
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For now the local eye is less stable, hopefully crypto bitcoin will be more stable and the better it becomes the best for all of us
I believe It will happen at the comung year mate. Bitcoin will be more stable and more valuable. I believe it.
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Bitcoin can not be stable in price by its nature, since its price is formed only on the basis of the ratio of supply and demand, which can not be permanent. Moreover, with an increase in the price of bitcoin, its volatility in price will also increase, as the amplitude of price fluctuations will also increase.
If bitcoin will continue to improve very slowly, it will inevitably lose its popularity and level of capitalization, and with them, and fall in price.