“This pattern suggests that the extreme price volatility that has bedeviled Bitcoin since its inception is likely to prove a temporary phenomenon,” wrote Lee. “Bitcoin prices become volatile when a wave of media attention attracts a swarm of new users. As the Bitcoin economy grows and matures, these growing pains will become less frequent and less severe.”
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One thought on “The Washington Post thinks Bitcoin will stabilize in the future”
Benedict AshworthPosted on 10:00 am - May 5, 2014
BTC's greatest downside is its volatility. It deflates and inflates without any given warning; it's a roller coaster ride for bitcoin price and it's painful in the ass of all bitcoin holder especially those capitalists who has huge investments. Nevertheless, I believe that bitcoin's price will stabilize in the future. It’s only a matter of time.