Bitcoin Price Volatility: The Most Challenging Nature of Bitcoin

in #bitcoin • 5 years ago

Jumping_Bridge_Bitcoin_Stock.png

Bitcoin volatility has been tied to Bitcoin since its introduction back in 2009. The famous online digital cryptocurrency has been around for almost decade now, but it has been a bumpy ride! Bitcoin was introduced to the markets as an alternative to fiat currency and also as a result of the financial crisis back in 2008. Nowadays, many insiders of this market see Bitcoin more as a form of digital gold.

Blockchain technology with Bitcoin included can be considered as a revolutionary technology which is still in its infancy. Being in this early stage of the adoption cycle and high Bitcoin volatility compared with USD should be normal then one could say. Still this is the cryptocurrency market and although this market is relatively young it already experienced 4! Bitcoin Boom-Bust cycles.

Read more about this challenging nature on my blog : Bitcoin Volatility: How To Handle Bitcoin Price swings

#crypto #technology
5 years ago in #bitcoin by
$0.00
    Reply 1
    Sort:  
  • Trending
    • [-]
     5 years ago 

    Congratulations @jelmerius! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

    You received more than 50 upvotes. Your next target is to reach 100 upvotes.

    You can view your badges on your Steem Board and compare to others on the Steem Ranking
    If you no longer want to receive notifications, reply to this comment with the word STOP

    Vote for @Steemitboard as a witness to get one more award and increased upvotes!
    $0.00
      Reply

      Coin Marketplace

      STEEM 0.30
      TRX 0.11
      JST 0.033
      BTC 64106.00
      ETH 3129.71
      USDT 1.00
      SBD 4.16