bitcoin volatility

in #bitcoin7 years ago

according to the CNBC article, cryptocurrencies are vulnerable to extreme volatility, which arguably will result in loss of interest by investors.

"A major problem for bitcoin is its extreme volatility, which is a cause of concern for many investors. A lack of liquidity may be to blame for the cryptocurrency's volatile nature, an expert tells CNBC.

"The high volatility I think is due to the low liquidity we have on exchanges today," Cedric Jeanson, CEO of BitSpread, told CNBC's Street Signs on Thursday."

https://www.cnbc.com/2017/09/21/bitcoin-volatility-how-digital-currency-can-overcome-wild-reputation.html