Post
Topic
Board Bitcoin Discussion
Re: How can we end the *VOLATILITY OF BITCOIN*
by
franky1
on 26/01/2023, 15:30:21 UTC
when bitcoin was 2 years old(2011) swinging by 100x in a few months ($0.30 to $30) was a big deal
we have not seen a 100x swing since

when bitcoin was 4 years old(2013) swinging by 85x in a year (jan $14 to dec $1.2k) was a big deal
we have not seen a 85x swing since

when bitcoin was 8 years old(2017) swinging by 20x in a year (jan $1k to dec $20k) was a big deal
we have not seen a 20x swing since

when bitcoin was 12 years old(2021) swinging by 3x in a year (jan $25k to nov $70k) was a big deal
we may see a 3-7x swing again

the swings are not getting wider. things are calming down

Bitcoin went from 3k in 2020 to 70k a year later no ? But ok indeed it's slowly getting less and less volatile

well i was using calender year not YTD

so lets use YTD
jul 2010-2011 0.03 to $30 = 1000x
nov 2012-2013 11 to 1.2k = 110x
dec 2016-2017 950-20k = 21x
mar 2020-2021 4.8k-61k=13x
apr 2020-2021 6.8k-63k=9x
oct 2020-2021 10k=70k = 7x