Post
Topic
Board Speculation
Re: Bitcoin period of volatility is over?
by
ChrisSand
on 23/12/2017, 04:14:21 UTC
I'm looking at Bitcoin charts for the past few days and it looks like a straight flat line. I'm not sure whether to feel happy or sad about this but could this possibly be related to the fact that we now have bitcoin futures? Does this mean bitcoin volatility will be less?

It's not over and it won't ever last. Bitcoin's feature is being volatile in the market, either in downwards or in upwards. This speciality won't end in bitcoin. It will maintain the same.
The high volatility of bitcoin is not a feature of bitcoin is just a characteristic that is going to remain with bitcoin for quite a long time and the reason is simple, there is huge amount of money in the world and only a tiny part of that has entered in bitcoin, that makes bitcoin to be very susceptible to volatility also bitcoin is not a finished product it is constantly receiving updates and when you add politics to the mix then it is not difficult to understand why bitcoin price moves so much.

If the government intervened in bitcoins I think that could be a big problem to its volatility. The fact that more and more investors are coming to bitcoin.