Bitcoin News
By Steven Anderson
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Deutsche Bank reportedly has stated that Bitcoin is now too important to ignore. Deutsche Bank analysts have to state that Bitcoin is expected to stay ultra volatile due to…
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Reportedly, “The next two to three years should be a watershed moment for Bitcoin, with people watching digital currency trends for signs of acceptance.”
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Despite there being 5000+ cryptocurrencies in total BTC is set to be the most valuable.
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Michael Saylor reportedly recently expressed, “if we assessed volatility in athletics, we would find that the winners are more volatile than the losers.”
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With regards to Bitcoin, several of them agree that it is a weird analogy and have to state that it is true. Those who understand volatility, know that it is an opportunity.
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One of the users stated, it's not the volatility we should be looking at, it's natural in any new asset. It's the true fundamentals and network effect that truly matters.
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There is no denying that volatility has a major role to play in the success of Bitcoin.
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Someone tried to make the conversation light by stating, if you had a Bitcoin for every time you have been asked about Bitcoin’s Volatility, how many Bitcoins would you have?
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Some of them have to state that by merely monitoring the Bitcoin Volatility Index it is possible to anticipate where the local tops and bottoms are.
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It just looks like spreading the word about Bitcoin to others helps in collectively making it possible for all to do their part to pump Bitcoin?
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One of the users stated that he never understood the volatility argument against BTC - when stepping back and looking at the big picture.
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Someone tried to justify it all stating: There is very low volatility in the 4 year moving average and the returns are very good. Hodlers know this instinctively.
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Still, several boomers and pension funds are looking for slow and stable growth.
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