Mr. Greenspan – Bitcoin Price Will Take Years To Stabilize

The substantial amount of volatility in Bitcoin price (BTC) is arguably the biggest factor hindering its potential for global acceptability. Retailers, restaurants, and even credit card companies refuse to support cryptocurrencies due to this price volatility.

As a more-than-apt example, the cryptocurrency market cap gained $30 billion in the last twenty-four hours alone, after wiping off $150 billion in the previous three weeks.

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Important investment figures such as Warren Buffett have refused to invest in cryptocurrencies due to the speculation surrounding price movement. Fed Officials and other …

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