Post
Topic
Board Economics
Re: Is bitcoin too volatile?
by
oblivi
on 25/01/2015, 15:58:29 UTC
bitcoin is not volatile, and it's value is not volatile, only the price is volatile

You are implying Bitcoin has inherent value regardless price.
So how do you set Bitcoin's purchasing power if you are saying its not volatile? one day you can buy a house with your Bitcoin, the other only a car.
Its volatile, price and purchasing power is all that matters at the end of the day.