7 February 2014

Why Lower Bitcoin Price Volatility is No Panacea

Prior to the nearly 20% pullback in bitcoin’s price we’ve witnessed in the last 24-hours, there had been a fair amount of digital ink spilled suggesting that bitcoin’s price volatility may be decreasing.


Rob Wile of Business Insider , Alex Wilhelm of TechCrunch , and Timothy B. Lee of the venerable Washington Post all wrote pieces over the last week suggesting that bitcoin is becoming less volatile.


Before addressing the question of whether bitcoin volatility is in fact declining, why is bitcoin volatility important?


Continue reading at CoinDesk


February 08, 2014 at 12:21AM