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Basic Questions about Cryptos / Re: Antonopoulos- we should separate money from the state
« on: Today at 04:58:03 PM »I don't think this volatility will last forever. It is already smaller than 5 years ago.
~snip~
As long as BTC is treated (by most) as a speculative asset, I don't expect that there will be any major changes. People buy BTC in order to profit from the change in price, and at the same time they expect this change to be as large as possible.
At the end of 2022, we had a price of 1 BTC of just over $15 000, today it ranges from $56 000 to $72 000 - looking at history, the volatility remained, only the numbers changed.
Here is the Bitcoin volatility chart since 2018
https://www.theblock.co/data/crypto-markets/prices/annualized-btc-volatility-30d
Every asset is speculative. Even usd. When a war , or covid, or whatever, people buy usd for protection and the price goes up.
If you take a look at dxy (dollar index) you will see its volatility
https://www.marketwatch.com/investing/index/dxy