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Re:Bitcoin: Update network descriptions to be more accurate by tbabb on Sunday December 31, 2017 @02:36AM (#16039790)
> The volatility has nothing to do with the lack of a central authority distributing it

If you know/believe that supply will generally adjust to cancel demand, then you have much less incentive to speculate.

Re:Bitcoin: Update network descriptions to be more accurate by Joeri on Sunday December 31, 2017 @06:48AM (#16040245)
Not if you make short term plays. Stock shares are also distributed by a central authority incentivized to make the price go up and therefore constrain supply, yet stocks are volatile.