Wow, BTC can rise that fast?
Since I'm a newbie here, does it keep rising or it'll be like the stock market where it can be 15BCT this week, 16 the next and then 12 after that?
Most national currencies are very liquid. For instance, CHF/USD (Swiss Franc) will only move fractions of a cent in daily trading. Since I'm a newbie here, does it keep rising or it'll be like the stock market where it can be 15BCT this week, 16 the next and then 12 after that?
Since Bitcoin is still very small, its trading is volatile because you can buy a lot of the supply in one go. As Bitcoin gets bigger and the supply becomes more scarce, it will become less volatile and become more like regular currencies that only trade in cents and fractions rather than whole units.
Eventually you'll see long-term prices that hardly change but it will take awhile.
