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RE: Why bitcoin is volatile even after 8 years?
Volatility is the sign of a healthy and free market. People who bought Bitcoin at 200$ shouldn't freak out when it falls to 800... and if you bought at 1100 then you either have to hold a while or learn an expensive lesson
Its a sign of small base of adoption. The day we stop treating it as an asset and start using it as currency will be start of #BitcionianAge.
volatility is relative to exposure so Bitcoin will still be volatile if it fluctuates from 10k to 9k in some peoples eyes
When bitcoin is your only choice of currency, i.e you earn and spend in bitcoin that's what is desirable.
ok, that wont remove all volatility, and I still like fiat just wish trump would get us on a gold standard. could be verified using blockchain tech or something