11 February 2014

Why Bitcoin’s Volatility Problem May Soon Be Solved

Just weeks ago, media outlets like Bloomberg and TechCrunch were all but declaring an end to bitcoin’s price volatility.


Posts like “Bitcoin’s Emerging Price Stability” were widely circulated on the bitcoin forums, and research from Wall Street analysts like ConvergEx Group asserted that bitcoin was “on the road to stability”.


Then, overnight, all was quickly forgotten.


Continue reading at CoinDesk


February 11, 2014 at 09:32PM