Now EARN MORE CASH on Answeree !! See FAQ for details

High volatility of Bitcoin's price is a good thing?

asked Jan 18 in Business+Finance by jerryred069 earnings (10 cents)

Bitcoin’s high volatile price is a great question mark for me!

In what ways it could be good or bad ?

according to me, bitcoin price plunges could leave a great bad impact on its users!

2 Answers

0 thanks
answered Jan 23 by brijesh1991 earnings (20 cents)
Bitcoin is an another name of fluctuation now-a-days because of its high volatility and fluctuations. In security's point of view, this high fluctuation is very risky for all investors. This volatility is only virtual and not actual. Any time this fluctuation may be run in negative direction. Current prices of Bitcoin is only for trading purpose and the basic price of Bitcoin is very low. So according to me, this fluctuation is risky one.

0 thanks
answered 5 days ago by Bandagecall earnings (150 cents)
These days privacy has been very difficult to protect over the internet, especially while dealing with cryptographic currencies. But *****:// gives you a full privacy because it does not store any information about its clients and does not request any identification information to use its service.