2 ms·
Volatility is a result of uncertainty. The more people share the same belief, the more stable this belief will be. You see tons of people around you confident i
by oleganza 13y ago
Volatility is a result of uncertainty. The more people share the same belief, the more stable this belief will be. You see tons of people around you confident in short-term safety of USD and you stay confident too instead of selling every buck for gold, silver, gun powder and bitcoins. When Bitcoin becomes world money, it will be so stable (and slowly appreciating) that people can price goods in BTC directly.