Swiss wants to assure people that can have what people want without volatility. However, isn’t the volatility the reason why people are so excited? Let’s admit, there are some major problems in the cryptocurrency market. By far the biggest issue in the cryptocurrency market is the too high volatility. The prices of cryptocurrencies on rise and fall dramatically over a short period of time. When crypto can drop by as much as 49 percent in less than 24 hours, then the volatility of the market is too high. There are a number of reasons for volatility in the market but perhaps the biggest contributor is the activities of “whales.” that have large cryptocurrency holdings. They are able to swing the market by manipulating the price of a cryptocurrency. Another reason Swiss wants to create its own nonvolatile cryptocurrency is this “Pump and Dump ICO schemes”. And last, but not least “The Activities of Cybercriminals and Criminals.
You are viewing a single comment's thread from: