Re:Analyzing Cryptocurrencies Using PostgreSQL
by dsacco on Thursday June 29, 2017 @12:05AM
(#14660679)
Volatility is not an assurance of consensus valuation or rationality.
[ Parent
| on HN ]
Re:Analyzing Cryptocurrencies Using PostgreSQL
by Frogolocalypse on Thursday June 29, 2017 @12:32AM
(#14660787)
Volatility is a sign of a lack of liquidity in a market that is rapidly gaining (or decreasing) in accumulated capital. In bitcoin, for now, it is increasing. In bitcoin the important point isn't the volatility, but the fact that it is objectively being sought after by an increasing number of people.