Published: 20 Feb 2018 › Updated: 20 Feb 2018
Bitcoin is highly volatile
Since its launch, in past one decade bitcoin has become one of the most important phenomenon in the digital world. Its price has touched thousands of dollars. However, the price keeps fluctuating and it remains volatile. Predictions have also been made that bitcoin might fall in the future if it follows the current path. This is because a small number of people, about 10, control the majority of bitcoin. This defeats the entire decentralized nature of currency.
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