Movements of anything less than $50 in 2015 or 2016 would have had been a wobble, just like today, anything less than $5k is a wobble.


It does become more significant when we are actually living some of these changes in the unit.. so the older time folks will maybe have the whole size of their investment in profits (or price changes) in a matter of a few minutes... even guys who have BTC price averages as high as $1k per BTC, their whole investment size gets added to the value of their holdings, even 30x between $74k and $104k.. and like you said the $10k to $20k moves within a day or two or even a few days have already happened, but they are going to become more common as intraday events. 

Personally I wished that Vroom would have graduated us a little less abruptly, so perhaps $5k increments would have been a wee bit MOAR better until we get to $200k, yet those are his discretionary choices in terms of slowing down the pace and/or demands of his self-imposed duties.


That helps.

Essentially, you seem to be saying that Bitcoin goes down because it is very volatile and so therefore within the definition of volatility is a tendency to go down from time to time.. so therefore it goes down because it does..

By the way, I am not saying that you are wrong.