3 ms·
I guess my point was that rather than have Bitcoin grow 3x within a month because of some big news, then crash to 2x of its height, and then grow back "slowly"
by salient 13y ago
I guess my point was that rather than have Bitcoin grow 3x within a month because of some big news, then crash to 2x of its height, and then grow back "slowly" to where it was within another 1-3 months, it could just grow more smoothly to begin with, and even if there were some big news in a row, there could be a lot of people betting against it and having it grow perhaps only 50 percent overall that month, and then another 50 percent the next month, or whatever.
Slower rises, and no (big) crashes.