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Topic: The fluctuation in pricing.. - page 4. (Read 1933 times)

hero member
Activity: 546
Merit: 500
May 30, 2017, 05:20:36 PM
#2
Volatility is typical of something which is scarce as an asset.  However, there just isn't any way to change this, because that would require making the supply flexible, thus making it inherently worth very little like fiat currency.

The problem is that Bitcoin needs to find its place.  Bitcoin volatility basically just happens because people think it happens - if everyone was convinced that Bitcoin was 100% stable and convenient, its usage would be much higher and in turn it would become stable.  

After its price is high enough that trading is kept to reasonable levels in a high-liquidity markets, the price fluctuations as a percentage shouldn't be too much higher than fiat.

The Bitcoin volatility is already beginning its path to getting low, if you have a look at the Bitcoin volatility index.
newbie
Activity: 14
Merit: 0
May 30, 2017, 04:52:08 PM
#1
is creating a wall that makes it harder for BTCto be a universal economic currency. Stores may take 1BTC for a product and in the AM that 1BTC could be valued at .08BTC. Obviously theres a ton of positives to this happening I think more than negatives. I for one hope it does though because USD is getting old Smiley
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