that is a very funny question, I guess bitcoin and the rest of cryptos are volatile in the sense that it rises and falls down drastically..I guess this is its nature? some alts can be pumped even with small amount of money so there is no defend on this. Based on this fact i think the volatility of cryptos will continue as long as crypto exists.
Why is that funny question, its not funny at all. Man wants to know why is that so!
Quote
I guess this is its nature?
No we made it look like that and we programmed it that way to behave like one of those hippies.
Firstly, they were never meant to be currencies which can be used to trade like share market and make out of it. Alts is like shit side of the bitcoin and it should have never come out and we could have seen actual developments of the BTC. The whole idea was just the transaction and nothing else but we ourselves made them to work for ourselves and earn money for us.
The volatility came out of this and nothing else. We were responsible to make it an asset a store value which we can manipulate as and when we want with some investments. The same thing with alts, a greatest manipulated way to earn bucks, no wonder why government want to shut them down.