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9423866 No.9423866 [Reply] [Original]

Why is crypto so volatile?

>> No.9423884
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9423884

>>9423866
because you touch yourself at night

>> No.9423885

Speculation coupled with no real use.

>> No.9423886

>>9423866
Happens with literally every new technology ever
I could use an analogy relating to the discovery of fire if you would like

>> No.9423898

>>9423866
not enough money in it yet.

>> No.9423916
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9423916

>>9423866
So you can make money if you are not half retarded

>> No.9423929

Because this is the wild west son

>> No.9423935

Real use coupled with no speculation

>> No.9423936

Because it's a market based entirely on the speculative price of internet coins with no intrinsic value

>> No.9423938

Young market with little liquidity. The more money in a market the more stable it becomes. Someone dumping 10mil on wallstreet does nothing but someone dumping 10mil in some shitcoin moves the price a lot since liquidity is low.

>> No.9423944

>>9423866
Low # of coins

>> No.9423945

>>9423935
;)

>> No.9423946

>>9423866
lack of real liquidity

>> No.9424109

market that hasn't fully matured yet where there are some people with a lot of money, lots of bots doing trading, lots of exchanges doing sketchy shit, and its traded 24/7 365 so it can move faster than traditional markets that only trade during certain times of day/week