Post
Topic
Board Economics
Re: The volatility in the price of a bitcoin is falling over time
by
redsun114
on 28/02/2021, 18:09:17 UTC
I am optimistic that in the future the volatility in the price of a Bitcoin will be even lower, this is because more and more companies are investing large amounts for long-term investment. Make the Bitcoin price a little more stable, especially with the current price of Bitcoin, the price is very high.
As much I want BTC to be accepted in more and more places which ultimately is gained by a more stable price, I actually cherish the fact that BTC market has high volatility which separates it from the stock market and other trading markets and a low volatility BTC market will lose its identity, I am afraid.

Actually I think it is to early to say that volatiity is falling. Compared to few years ago yes, but let's wait new bear market that is obviously coming, and let's see current volatility. I'm sure it's going to stay pretty high.
I don't think BTC is losing its volatility because we had the price of bitcoin 5x within an year and that doesn't show stability at all. I know its a positive thing but in the context of stability, we can't say that's achieved or even happening anytime soon. And I love it Grin.