Post
Topic
Board Economics
Re: The problem of holding and volatility.
by
karma9
on 23/10/2014, 10:08:34 UTC
Volatility will never go away for currency such as bitcoin.

Reaching consensus on price across all countries and various market participants just isn't possible.

this is true.
everything with fixed/known supply is volatile.
bitcoin behaves more like a commodity, not a developed currency in traditional sense.

however, with lots of users/speculators, this volatility is reduced and you can get used to it just as you're to changing gas prices at the pump.

not a problem, right?