Quote from: johnblaze on November 29, 2013, 12:25:32 AM

Quote from: rebuilder on November 29, 2013, 12:22:15 AM

Quote from: johnblaze on November 29, 2013, 12:12:08 AM

you're confused about what liquidity means

Are you referring to my preferring to consider USD volume? If so, I'd like to hear your thinking there. It'd be pretty amazing to see both, BTC volumes from a year ago and today's prices right now. Yet today, selling enough to, say, buy a house compared to selling the same a year ago isn't a very big chunk of the daily trade volume.

Or maybe you take exception to my ribbing about the general idea here that speculation should increase liquidity, therefore decreasing volatility. I could have phrased that better to begin with, but my point was: if that's true, then given the barrier to speculate has now been significantly lowered, volatility should decrease. I guess we'll see!

you sarcastically said:

"So... increased liquidity leads to decreased volatility, right?"

do you believe that statement to be true or not?

if so, then if you think that we are currently volatile, then that means we must not have increased liquidity

someone is wrong. either you or your quote. you can't have it both ways.

Dude, just quit being a pedantic dick. Its tiring.