Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's liquidity and volatility
by
ranochigo
on 19/08/2024, 10:23:49 UTC
Bitcoin is no longer in an experimental mode
The version number is not an indicator of experimental or beta status.

Bitcoin Core still (intentionally) contains a line that says "this software is experimental". The line saying that Bitcoin Core is beta software was removed in 2014.
Seems like that quote actually says Bitcoin's state as an experiment, beta or whatever hasn't changed. That contradicts your statement.

The price movement isn't a result of liquidity, or the lack thereof. The problem is that Bitcoin is quite speculative in nature and that any news, good or bad will induce traders to either purchase or sell Bitcoins. This is seen quite evidently by the policies enacted by the banks recently, or spikes and dips when regulations are being announced. Traders speculate and either purchase or sell their Bitcoins as and when they deem fit. This trend can't be broken so long as traders are treating it as a speculative asset. I don't see it as a problem that should be solved, thats a feature of the free market.