/biz/ - Business & Finance

The price went up over 1k in 30 minutes just a few days ago you donut.

>>8952719
It is about
>PERCENTAGES IDIOT !

>>8952639
That graph means it's "stabilising" on a high daily volatility... That isn't really the definition of stabilising

>>8952755

And? It was easier to pump and dump when it only took 50k instead of 50 million, who'd have thunk. It's still volatile as fuck.

>>8952771
>>8952831
Imagine you fall of a cliff and spin.
After a while you spin a little less.
You stabilized, but still falling hard.

>>8952881
That's not how it works.
This graph is volatility squared. The acceleration of the volatility
You're describing volatility in itself.
See between 2015 and 2017 where it was constantly under 5 standard deviations; that's much less volatile

>>8952881
herherhe fun analgies

>>8952923
hi, squaring is not the same as derivative, or for discrete data it's called a difference or delta

>>8952956
Good point. All the math I've done is in my native language so it just sounded right in my head.
It's of course volatility double-derived

>>8952771
I'm not trying to say the price is stabilizing, I'm saying the volatility is becoming more predictable. BTC is not stable, but the volatile is becoming more stable.
This doesn't mean its a good investment or anything, but it means that something about bitcoin might be more predictable.

Incidentally, when I made that OP, I wasn't trying to be a bull or a bear or anything. I'm only curious about BTC. I'm not trying to push people to buy or sell. I'm just presenting something I saw.

>>8953051
>the volatile is becoming more stable
*the volatility

>>8953051
So it's predictably more unpredictable.
I don't really know what to do with that info to be honest

Could be a pointer to long every low and short every high.
For if it stays chaotic I guess it means that its movements will be erratic and probably won't go long in one direction

I had a discussion with Andreas Antonopolous at a conference and he described it this way:
Liquidity is like mass of a planet and volatility is the people on it. When liquidity is low, you there is no gravity and people are flying all over the place. When liquidity is high, the mass is strong and people can stand steadily on the ground.
TL;Dr
Volatility IS getting smaller with the rise of market cap and cryptos WILL become stable with high enough market cap.

>implying volatility is bad
dont worry guise

we still have time to make it

>>8953458
oh yeah and ofc alts or individual stocks can be more volatile or less volatile

>>8952639
Don't worry anons, "BTC will never drop below $7k again"

>>8953313
>cryptos WILL become stable with high enough market cap.
but that's gay

trading is funner when volatility is high

wtf im a berr nao

>>8953529
>>8953458
>>8953471
>>8953313
>>8953125
>>8952941
>>8952831
>>8952639
>((((implying))))

Bitcoin volatility might get lower but altcoin will still be volatile as fuck.

>>8952639
>Just realized the graph doesn't show what I thought it did
>Only now kinda vaguely learning about standard deviation in an engineering class, but still haven't taken anything above calc1
>I got in over my head and have almost no idea what I'm looking at
>too late to delete my thread
...um...

>>8953757