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by jafaku
4326 days ago
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If you don't see the difference between a currency that can regulate its price artificially by printing more of it and Bitcoin, then you have definitely misunderstood it. If you don't feel comfortable comparing it with stock, then compare it with gold. Even after thousands of years, and a market capitalization of 8 trillions of dollars, it still has price fluctuations. Bitcoin has only ~7 billions of dollars of market capitalization. It's comparable to what we call a "penny stock". Anyone with a few millions can move the price. And even with hundreds of thousands of dollars, you could move the price in one particular exchange. If you still don't understand it, watch this video: https://www.youtube.com/watch?v=qHUPPYzzZrI |
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