Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's volatility is a non-issue
by
Spaffin
on 14/05/2018, 04:48:18 UTC
The arguments that the volatility of the crypto currency is not at all a problem is unconvincing. So far, due to the large volatility of the crypto currency, and primarily bitcoin, the states are very critical of it and this is one of the reasons for their rather weak and slow legalization.
It may also be that, at large price values, large volatility of bitcoin can lead to its complete or partial depreciation. If bitcoin will be very expensive, a sharp drop in it with normal volatility, if it coincides with negative information, can lead to panic that will work as a domino effect and bitcoin may depreciate in one or several days. Is this not worthy of attention and is not a problem related to volatility?