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RE: Why bitcoin is volatile even after 8 years?

in #bitcoin • 8 years ago (edited)

Volatility is the sign of a healthy and free market. People who bought Bitcoin at 200$ shouldn't freak out when it falls to 800... and if you bought at 1100 then you either have to hold a while or learn an expensive lesson

8 years ago in #bitcoin by
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     8 years ago 

    Its a sign of small base of adoption. The day we stop treating it as an asset and start using it as currency will be start of #BitcionianAge.

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       8 years ago (edited)

      volatility is relative to exposure so Bitcoin will still be volatile if it fluctuates from 10k to 9k in some peoples eyes

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         8 years ago 

        When bitcoin is your only choice of currency, i.e you earn and spend in bitcoin that's what is desirable.

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           8 years ago (edited)

          ok, that wont remove all volatility, and I still like fiat just wish trump would get us on a gold standard. could be verified using blockchain tech or something

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