Post
Topic
Board Economics
Re: Is Bitcoin Volatility A Bad Thing?
by
plasmafrog75
on 28/03/2018, 08:53:25 UTC
Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 Huh Huh Huh
It can be said that Bitcoin is a currency that can change the world but besides there are many people who do not like Bitcoin despite many advantages and disadvantages, in my country Bitcoin is not welcome by this money. can bring many risks for the market today.