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Fluctuation in "hundreds of dollars" doesn't say anything - it has to be talked about in percentage to make any sense. The fluctuations are big in that sense, t
by Legogris 13y ago
Fluctuation in "hundreds of dollars" doesn't say anything - it has to be talked about in percentage to make any sense. The fluctuations are big in that sense, too, but it shows how much credibility the author has on the subject.
- pyalot2 13y agoLiquidity is what makes markets fluctuate less generally. Part of bitcoins high volatility is directly attributable to the dearth of exchanges. The dearth of exchanges is directly attributable to regulations that're difficult to comply with (mainly because of the license cost and difficulty of the process), and to established Banks/MSBs not willing to use their already being in compliance with those regulations to explore bitcoin.