Re:The Bitcoin Bubble and the Future of Currency
by ok_craig on Wednesday April 03, 2013 @01:22PM
(#5487467)
All I'm saying is that right now, while it's being adopted, growth and volatility are the same thing.
Sentiments along the lines of: "For bitcoin to be adopted, it should be stable first" don't make sense, because adoption (demand) drives the instability. That statement is the equivalent of saying "For bitcoin to grow, it should not be growing."
Sentiments along the lines of: "For bitcoin to be adopted, it should be stable first" don't make sense, because adoption (demand) drives the instability. That statement is the equivalent of saying "For bitcoin to grow, it should not be growing."