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Liquidity != Volatility. There are many cases when it's hard to turn BTC into $US/Danish Pastries/Gold Bars; this makes it illiquid. Try getting your money out

by avn2109 13y ago

Liquidity != Volatility. There are many cases when it's hard to turn BTC into $US/Danish Pastries/Gold Bars; this makes it illiquid. Try getting your money out of MT Gox.

yen223 13y ago
The irony is that Bitcoin is supposed to be a replacement for cash. Technically, it should be the most liquid thing out there.
- obi-nine 13y ago
  When it's accepted everywhere for anything it will be. But that's still a ways off.
- dopamean 13y ago
  I got what you're saying and I totally agree. I think the problems with liquidity contribute heavily to the volatility as well.