Replying to Avatar tuco

How volatility will drop against fiat when fiat is depreciating way way faster because of the hyperinflation?

I mean, in the best of the cases, say we had an organic growth, steady, there will always be speculators (and they are desirable, and needed) therefore volatility (at least till some level) will always exist, at least as far as the majority is connected to fiat somehow
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shortwavesurfer2009 5mo ago

During a hyperinflation scenario, volatility will just be bad anyway.

For a non-hyperinflationary scenario, such as we are in right now, if a buyer thinks that they can get the item cheaper in Fiat, they will sell their Monero on an exchange for Fiat, which will pull the price downwards towards a moving average.

If the buyer can get the item cheaper in Monero than they can in Fiat, they will buy Monero on an exchange with their Fiat, which will push the price up towards a moving average.

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