Quote from: GreatArkansas on August 13, 2022, 02:02:43 AM

Quote from: Detritus on August 12, 2022, 10:46:25 PM

Quote from: CryptoFuturistic on August 12, 2022, 08:04:48 PM

What are your opinions about it? I read this article recently about https://moneyinvestors.net/cryptocurrencies/why-is-bitcoin-so-volatile-4-fundamental-reasons/ do you agree with these 4 fundamental reasons?

At least when making a post, you should outline your points first even before going ahead to put your reference link. Not everyone has the energy to go over your link reading all that.
From the article, the four fundamental reason were;
1: lack of regulation
2: magic of supply and demand
3: a technology still in evolution
4: world conflict
(.......)

Thanks for putting it here, lol.
Among the list, I am more hooked on the lack of regulation, that's why it is also volatile for example, there is some news that affects negative Bitcoin and the price will get affected in just a short period of time, because you see that Bitcoin market is 24/7, anything can happen anytime.

I feel the number one point is very valid and it will continue to be valid because there is no how every institution, everyone and every country will agree to one term of regulation. The regulation would be country by country base, government by government base.
Apart from the above 4 points listed, it is good that we understand that volatility is a feature of bitcoin, so it can be true to say that it is the nature of bitcoin to be volitile. Let us understand that and have peace of heart.