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bitcoin dropping FAST!


plommer
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BTC has no measurable volatility and it's valuation is still over influenced by it's ease of utility rather than it's completely unpredictable store of value. Completely blind speculation will always be easily manipulable and have huge variance with little or no predictability.

 

George if you wanted to liquidate, say 25 m in BTC in an instant, how would you do so without affecting it's value?

 

This guy says that there is limited liquidity in crypto currency and that it's store of value is undefined and unpredictable.

 

This guy says that volatility is unavoidable and if you are trying to measure your wealth in cryptics you are chasing a ghost.

 

If you are speculatively trying to create wealth, albeit incalculable,  you are merely holding a ghost rather than chasing it.

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