JJG? Definitely a she. No man would or ever could write entire novels just to complain about another man's almost unnoticable mistakes. But we love her.
JJG loves you too..
#nohomo.I had to put that one in the third person.. just to be MOAR safer.At which point, does BTC reach less volatility?
Would you embrace this or no?
Judging by some of the comments in here over the years, some of you defo seem to not like volatility... least not when it is working against you (price down)
Personally, I see it as a feature.... one that people seem to forget for some reason .... "this time is different"
How would you feel, with less volatility?...... what do I mean by that ? well lets call it , not an average high to low of 82.5% , for example...
But one day, you would think that "it will be different" , even potentially desirable ? (for some anyway)
How about you? Do you long for less volatility (yeah, that includes two way price movement) or are you "happy" with the current volatility?
I had long assumed, that, eventually the volatility will dampen, as more and more value becomes locked in.....and I still assume this.... though starting to wonder , where that tipping point could be.... and what , pushes it there? is it actually traditional instruments like futures/options etc?
How do you guys feel about it?
Personally I like the volatility, and also I personally feel that people should be linking cycle lows, rather than cycle highs to "chart" bitcoin
ps, what if that volatility were to become say 7% between cycles, as in each cycle BTC high, or low , moves up by 7%... or a 10 year doubling time ?
You don't really seem to be saying anything new..
Guys (and gal) in this thread have made those kinds of claims for years.
1) BTC volatility is inevitable.. especially in the short to medium term and probably a good 10-20 years into the future, minimum.
2) BTC's volatility is likely to decrease as it's market cap gets higher -
3) - overlapping of 1) & 2), as bitcoin grows, there will be BIGGER and BIGGER players coming into the bitcoin scene with more money and more financial instruments to push the BTC price around, but still net over net volatility will continue for a long time - as suggested by 1), even if BTC's market cap is increasing.. but at the same time, the volatility will still decrease over time because the market cap is increasing - as suggested by 2).