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A very emotional article IMO. Volatility is not permanent characteristic of bitcoin. It's like saying that a newborn child will never be able to walk, because
by oznathan 13y ago
A very emotional article IMO.
Volatility is not permanent characteristic of bitcoin. It's like saying that a newborn child will never be able to walk, because now it's only crawling.
At a certain point Bitcoin will stabilize. Whether that will be at 0 or 1 million, no one knows. Not the haters nor the fanboys.
- gnaritas 13y agoBitcoin can't stabilize, the economy is not fixed in size and neither can a currency that represents it be and remain stable in value. Every time demand for liquidity spikes due to a growing economy bitcoin will deflate.