Volatility
Volatility
May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...
What a volatile Sunday for Bitcoin as it plunged from $9,800 to $8,100 in a single hour, a very large outsized move for a weekend trading session that even Coinbase suffered an outage. There was no news/catalyst, instead I think it was a planned outsized sale that happened. A likely scenario is that a coordinated selling or take-profit via OTC and exchanges.
Volatility
What is it Like to Own Bitcoin?
Many in the space believe firmly in Bitcoin being the next digital storage of value. Price rises and falls don't affect what they hope is the end goal. Bitcoin dominance and everyone using the currency. But what is it really like to own it?