Post
Topic
Board Speculation
Re: Bitcoin less volatile than Standards & Poors.
by
davis196
on 04/11/2018, 06:02:12 UTC
I read somewhere that despite the adoption of gold over the years, the value still fluctuated with a level of volatility.
While bitcoin has been stable over the course of the year, it still has that potential to fluctuate widely in a short period of time. By making positive or negative movements in the chart.

But undoubtedly, stability has greatly increased.

The "adoption of gold"?Are you buying stuff at the grocery store using gold? Grin
The gold price volatility isn't caused by the gold itslef.It's caused by the US Federal Reserve's money printing machine.The bitcoin price volatility is way different,but the US money printing machine will increase it's influence over the bitcoin price for sure.