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Bitcoin Price - CPI, Dormancy Flow and Bloomberg - E235b

Bitcoin & Markets

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Bicoin Volatility Is to the Upside

The biggest challenge for bicoin going forward is its volatility and the boom bus cycles that hinder further institutional adoption. bloomberg missed bitcoin the whole time, right? They missed biccoin for ten years. And now they're starting to have more predictions. I've seen j p morgan and bank of america put out some predictions. It's like saying copper is a substitute for gold. It doesn't work. Same with bicoin. Once this, once these substitutes are discredited, that's when bickin really can cross that monetary chasm to a medium of exchange.

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