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Volatility will attract traders, the only benefit traders offer is liquidity (a marginal benefit).
by TomGullen 12y ago
Volatility will attract traders, the only benefit traders offer is liquidity (a marginal benefit).
- kolev 12y agoI'm not discussing the validity of the ridiculous statement, just quoting "believers" who would find all excuses for their beloved Bitcoin. The term of the week is "flash crash"! The longer people repeat it (i.e. validating it's not a "flash crash" as time passes by and the price is not recovering), the more ridiculous it gets!
- kasey_junk 12y agoTraders can also reduce the bid/ask spread.