Microsoft recently announced that it would halt support for Bitcoin over concerns of the cyptocurrency's stability and
wild fluctuations in price.
Nevertheless, if the North Korean government is indeed responsible for the majority of these attacks and
wild fluctuations in price, it may turn out to be an alarming sign that the current marked - up valuation of cryptocurrencies is almost purely driven by the regime.
Not exact matches
With
wild fluctuations in cryptocurrency
prices, finding clients hasn't been hard.
The digital currency has been subject to
wild price fluctuations, driven
in part by heists and insider antics.
We are instead pressing ahead unilaterally with terrible policies: draining the budgets of families and businesses with excessive green taxes; picking losers by giving the most generous subsidies to the most expensive sources of low carbon energy; and recreating the volatility of the housing market with an emissions trading scheme where the supply of allowances is fixed, so
fluctuations in demand lead to
wild swings
in the
price.
While bitcoin has become more of a mainstream investment
in recent years, it still has something of an outlaw reputation among regulators who are wary of the digital currency's history of
wild price fluctuations and its popularity for use
in criminal activities.
At the heart of his critique was the fact that the
wild fluctuations in the bitcoin's
price render it virtually unusable as an alternative to fiat currencies.
The overheating of the cryptocurrency market with speculative money and the
wild price fluctuations have raised alarms and calls for tightening of regulations
in many countries from the viewpoint of financial system stability.
This is to prevent
wild price fluctuations in contract
prices that are all too common with cryptocurrencies.