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The volatility of bitcoin has nothing to do with its eventual theoretical maximum (and therefore extremely long-term contraction, as the theoretical maximum wil
by qubex 7y ago
The volatility of bitcoin has nothing to do with its eventual theoretical maximum (and therefore extremely long-term contraction, as the theoretical maximum will be subject to corruption, loss, and so forth).
The volatility of bitcoin and other cryptocurrencies (or more accurately, crypto-assets) is due to their extremely shallow markets and unpredictable volumes.