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Gold is highly volatile.

• cies 9y ago
  Volatility only exists in comparison. BTC and Gold in one graph: http://static5.businessinsider.com/image/59975b50f1a85079738b54e0/bitcoin-is-more-valuable-than-gold--but-nowhere-near-as-stable.jpg http://static5.businessinsider.com/image/59975b50f1a85079738... I'd say in this comparison gold is the stable option.
  • brucephillips 9y ago
    No, it doesn't. Volatility is defined in terms of an asset's past prices, not in terms of other assets.
    • cies 9y ago
      Ok. I stand corrected. But what I meant to say is, that labeling something as "very volatile" only works in comparison.