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$1,391.7 gold futures

Petrol

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bikemad

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08/02/21

07:02

Post #: 50781380
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Originally posted by eztrang: ↑

"How, exactly, are they volatile and if so, so what?"
The price of cryptos is volatile. Within the last 2 months for example, BTC has gone from under $20,000 to over $40,000 then back down to to $32,000 and then over $40,000 again. The price of BTC in gold or other fiat has been just as volatile.

Why does it matter? Imagine trying to run a business where the cost of your raw materials or the price paid by your customers goes up and down and up again, randomly, by 30% or 50% every week or two. It would be impossible.

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Petrol
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