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Yes, Bitcoin price fluctuates. Why is this on the frontpage?
by jafaku 12y ago
Yes, Bitcoin price fluctuates.
Why is this on the frontpage?
- andrewljohnson 12y agoI upvoted because the article provided an interesting technical explanation of the fluctuation.
- cjensen 12y agoThe technical explanations were (1) large sell order causes price depression and (2) ensuing margin calls. Those aren't interesting. The first is expected behavior in any low-liquidity market. The second is expected behavior if foolish investors are involved in low-liquidity markets. In other words, this was expected behavior in the bitcoin markets. Both factors are also seen regularly in traditional stock markets.
- Guvante 12y agoA 10% swing in minutes is out of character even for Bitcoin.
- jafaku 12y agoNot really. From this and your other comments it's now clear that not only you don't know anything about private stock, you don't anything about Bitcoin's history either.