Bitcoin is ‘a dinghy in the open ocean’
|01/27/2018||Posted by BusinessMediaguide.Com under General World News||
- Bitcoin has been plagued by extreme volatility.
- European COO of exchange BitFlyer says big moves down to the relative size of bitcoin market compared to other assets.
- Foreign exchange is like an “oil tanker on the open sea,” while “bitcoin, relatively speaking, is like a dinghy.”
- Expects volatility to decline as the cryptocurrency grows.
LONDON — Why is bitcoin so volatile?