Thumbs up! For all the hate that TA/traders receive on this forum, this is very much true. It's funny, but I've actually seen HODLers on this forum claim that traders cause the volatility. Well, just imagine if there were no traders -- empty order books. Imagine the spikes then! More likely, the volatility comes from the fact that bitcoin is a revolutionary new asset class in an illiquid, unregulated market....