The intention of the parties against iTcoin is to raise the price imbalance rate, including Jamie Dimon. The price gap is so bad How bad for Bitcoin?
Asset class with high imbalance rate
One reason for the traditional investors' staying away from Bitcoin is that the price ratio is overly unbalanced. The currency, which was $ 1000 at the beginning of the year, rose to $ 5,000 in September, then lost around $ 3,000, losing 40% of its value. In 2011, it went down from $ 32 to $ 2, a similar decline. Although it is a balancing act in durable spots, this is not often the case. Although Bitcoin is given a digital gold name, we can say that this is more of a currency that the stockbrokers manage and have arranged.
Price flexibility is an opportunity for brokers ...
Daily stockbrokers and short-term investors can earn revenues by taking advantage of price flexibility. By making the right predictions, short-term investors are able to earn more income than long-term investors.
Secondary products are emerging in markets with high flexibility, such as options. Here we can see that more options are marketed than primary product marketing.
The point where merchants escape
All stockbrokers, even the most knowledgeable in their field, are reluctant to accept Bitcoin as their product. Their core competence is to supply and service the product, not to balance the flexibility of the bitcoin price ...
Imbalance during growth
As in all products (for example, gold) Bitcoin exhibits imbalance in the growth and development process. One of the two biggest causes of this imbalance is the increase of the price with the demand of this digital money day by day and the price decrease by the increase of the sales volume of the investors with the influence of the news sources.