Solution to solve bitcoin volatility price

Solution to solve bitcoin volatility price
Hello, i hope you are doing well. we cannot solve the volatility of bitcoin. above we have the graph of the progression of the value of bitcoin from 2009 to 2014. it started at $0.10 and at its be it reached $1,203. we need to understand that bitcoin was a pioneer in cryocurrencies. Many thought that it was a scam, and unfortunately the general public is still misinformed about cryocurrencies and they think they are scams. when people realized that it was a financial success story people rushed and bought bitcoins and the value went so high. I do not believe that bitcoin will have again high fluctuation like that and reach again $1,203 i believe it will oscillate between $500 and $700. why is that? first of all it is because the algorithm they use can only mine 21 millions bitcoins and already more than 2/3 of those bitcoins have been mined. think of it as vintage cars, the is a limited number and initially the demand is high and people what to pay a huge among to had their own vintage car because they realize that the last one are being produced right now! That is when the price went up to $1,203. Then all the collectors will stop and think i must be reasonable, i cannot spend so much mon. ey on that vintage car. So the market will give that vintage car a certain value and it will be sold around that price the market gave it. seco.nd there are new cryocurrencies that have been inspired by the success story of Bitcoin. But a currency should not be just for a few number of people and the mining should not be only for computer experts, geeks and traders but the general public should be able to mine coin easily. onecoin has an algorithm that can mine 2.1 billion cryocurrencies onecoin. and in 16 months it has made more than 300 millionaires. you see as onecoin has been growing in value and today out of the 710 cryocurrencies in existence bitcoin is number one and OneCoin is number two and is growing faster than bitcoin and is already a 2 billion $US company. so think of onecoin as a ordinary car that can be purased by everybody and it is produced it sufficient numbers so that everybody can own and use a car. unlike vintage cars that are limited in numbers and too expensive for the general public. now because there are other reliable cryocurrencies in circulation it will stabilize the price of bitcoin. the fluctuation of bitcoins value if volatility will no longer be as high as in the past. in the mean time the value of onecoin will increase and almost catch up with that of bitcoin. people have realized that if there are fortunes to be made it is now in invting in new cryocurrencies. at the end i think there will only be three major cryocurrencies bitcoin at this time is still number one in demand, onecoin is number two in demand but is about to overthrow bitcoin just like facebook over threw myspace. So bitcoin will no longer be that volatile because invtors are putting their mon. ey in other cryocurrencies where they have a great potential of making millions like the early invtors in bitcoin succeeded. I hope it has been helpful to you. sincerely Gery http //onlinebizpro/