All of the examples I provided do *not* lead to a predictable outcome.
Dynamite killing workers or causing avalanche
Hammer chiseling off too much marble or causing unexpected cracks
Rocket exploding or having to abort or malfunctioning half-way to orbit
Bitcoin’s fiat price volatility is just as unpredictable, at least during Bitcoin’s price discovery phase.
As more people, corporations, banks, and countries adopt #Bitcoin, then volatility smooths out.
The statements/unpredictability you refer to are related to human action, ergo too much dynamite, too much pressure, wrong calculations. The outcome is based on natural laws and therefore not volatile.
The price of bitcoin is subjective and related to all sort of unpredictable factors (available supply, demand, subjective value, liquidity etc…) and therefore volatile.
Dynamite is the volatile means in the beginning phase of a tunnel
Hammering is the volatile means in the beginning phase of sculpting marble
Ignition is the volatile means of rocket lift off
Price-discovery is the volatile means in the beginning phase of #Bitcoin’s fiat value
All carry volatile factors in the beginning phases
With your examples everything can be considered volatile at micro level, which is correct. But like I said earlier, we have a different view on volatility. No worries 🤙🏻
BTC price-discovery phase is like dynamite in the beginning phase of a tunnel
BTC price-discovery phase is like hammering in the beginning phase of sculpting marble
BTC price-discovery phase is like ignition of rocket lift-off
Price-discovery, dynamite, hammering, and ignition are all volatile.
