3 ms·
If you need short term value stability, don't use Bitcoin, because anything rapidly scaling is inherently volatile and unpredictable. This can partially be attr
by scottiebarnes 5y ago
If you need short term value stability, don't use Bitcoin, because anything rapidly scaling is inherently volatile and unpredictable. This can partially be attributed to Bitcoin's protocol (block halving), but mostly due to human speculative behaviours. Block halving is relatively dramatic in the short run, but much less so after more halvings have passed, simply as a matter of math.
If you need long term value storage, use Bitcoin.
Price volatility is a result of trading volume and short term human behaviour. If you have enough imagination, predict what happens to volatility if mass adoption occurs.