How does an asset with virtually no underlying value remain so remarkably stable for long periods? (...) There are those with huge holdings who have an interest in stability for the sake of its adoption as a currency, and its long-term value.
Long periods? Long-term? When has ever Bitcoin experienced this? Looking at the graphs, I don't think I can find a single month where Bitcoin remains even close to stable.
Long periods? Long-term? When has ever Bitcoin experienced this? Looking at the graphs, I don't think I can find a single month where Bitcoin remains even close to stable.