Survey: Most Bitcoin Investors Know Zilch About the Currency | Live Bitcoin News
published: 22 minutes ago
The bitcoin price has been shooting up as of late, which explains why so many people want it, but most traders know nothing about BTC.
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Coppola is skeptical that Bitcoin will ever succeed as a store of value because of its high volatility which, according to her, is a direct consequence of the asset’s fixed supply rate. McGlone, on the other hand, thinks that the fixed supply of Bitcoin will lead the volatility to decline over time. “If you have a certain supply schedule, that means 50 percent of that input for volatility is already gone (...) So, by laws of economics, volatility in Bitcoin should drop”.