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Yes the actual volatility calculation is better but my numbers illustrate my point which is that the price is by no means stable in an absolute sense. We are in
by mrgordon 12y ago
Yes the actual volatility calculation is better but my numbers illustrate my point which is that the price is by no means stable in an absolute sense. We are in a "quiet period" relative to what happened during a massive bitcoin bubble but even the site you linked indicates that the volatility is twice that of gold and approximately three times that of major currencies even though we're in a quiet period.
Also note that the site is measuring historical volatility instead of implied volatility as is customary for most financial instruments so it can't be compared one-to-one with VIX or similar measures.