Crypto currency prices are highly unstable as they changes rapidly, I wouldn't know if you have noticed the longest period the price become stable without changes. I have watched it up 5 minutes with out any changes for Bitcoin price.
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It has reached 311 this Evening when i checked its price on my luno wallet. It seems to be appreciating more than before.I can say for xrp..it has been fluntuating around #250 upward, that's in naira and it's been stable within that amount for at least 2 days
Yes that's why I said it was stable at 250 for 2 days and now it is going higherIt has reached 311 this Evening when i checked its price on my luno wallet. It seems to be appreciating more than before.
Sure. I am beginning to think that these coins are more reliable for investment than Bitcoin, at least they are cheap and then they are appreciating better.Yes that's why I said it was stable at 250 for 2 days and now it is going higher
They are to an extent because coin like ethereum has trade-able features much more than bitcoin, ethereum could fall 9% now and rise back in a short time but if bitcoin should fall 10% it takes longer time to recover.Sure. I am beginning to think that these coins are more reliable for investment than Bitcoin, at least they are cheap and then they are appreciating better.
It depends upon after how much time the trade is happened are not. There are there are a lot of people who are trading on different platforms for between so it often happens continuously 10 minute break and in this time bitcoin price will never increase or decrease.Crypto currency prices are highly unstable as they changes rapidly, I wouldn't know if you have noticed the longest period the price become stable without changes. I have watched it up 5 minutes with out any changes for Bitcoin price.
Even analyst said it the other day that there are more Crypto currency holders than the traders, this made the coins to be scarce in the Crypto market.Many people are just storing, not trading, so this becomes wallet companies' profit to use the stored coins. Yet some wallets are just for keeping, this makes such currency disappear from market.
Don't worry about this, there is always more money holders then available in market, yet people keep doing business. What I mean, if people just keep and do not use, then it will become useless.Even analyst said it the other day that there are more Crypto currency holders than the traders, this made the coins to be scarce in the Crypto market.
Yeah it will but as we can more people are willing to buy them ,I guess it is when the value become super and not affordable that it will become useless .Don't worry about this, there is always more money holders then available in market, yet people keep doing business. What I mean, if people just keep and do not use, then it will become useless.
This is how Stable currency works, Like tether is over 17 billion, it cannot be minted, it is the investment it have,Yeah it will but as we can more people are willing to buy them ,I guess it is when the value become super and not affordable that it will become useless .
Short time stability is what is been discussed like in minutes or hours , we are aware of the volatile nature of Crypto currencies.Digital currencies are never stable right from onset. And it will continue to be unstable.
It has gained more acceptance and that's why see people do not get to see the potentials in other coins. They only think of Bitcoin.They are to an extent because coin like ethereum has trade-able features much more than bitcoin, ethereum could fall 9% now and rise back in a short time but if bitcoin should fall 10% it takes longer time to recover.
Most people knows little about other coins so they focus their attention on bitcoin which is much more popular than every other coin.It has gained more acceptance and that's why see people do not get to see the potentials in other coins. They only think of Bitcoin.
I think the ones you may not realize about any significant changes in them are the low valued cryptos even though they do change in price but at very low amounts. But for btc, l have never seen it staying up to a minute without changes.Crypto currency prices are highly unstable as they changes rapidly, I wouldn't know if you have noticed the longest period the price become stable without changes. I have watched it up 5 minutes with out any changes for Bitcoin price.