I would have thought volatility would dampen over time but some of the candles in the past few days have been wildin
Discussion
Candles wax and wane, sometimes flickering.
open price discovery / liquidity
We need to surpass gold's market cap to have anything remotely similar to normie-friendly volatility.
Probably, given BTC's nature, a lot more than gold's market cap, in fact.
people don't understand how early we are still ...
Once the ETFs own 50% of the supply volatility will decline unless their broker friends do a quick P&D or in times of high inflation 🤣
Yes they have.
The volatility will get lower relative to other assets and real utility. Not when denominated in fiat.
Its almost as if the measuring stick is out of wack 🤔
Volatility is trending down: https://www.theblock.co/data/crypto-markets/prices/annualized-btc-volatility-30d
Volatility is built-in into a fixed-amout currency. It'd be weird if it wasn't volatile.