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by avn2109 4574 days ago
Liquidity != Volatility. There are many cases when it's hard to turn BTC into $US/Danish Pastries/Gold Bars; this makes it illiquid. Try getting your money out of MT Gox.
1 comments
yen223 4573 days ago
The irony is that Bitcoin is supposed to be a replacement for cash. Technically, it should be the most liquid thing out there.
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dopamean 4573 days ago
I got what you're saying and I totally agree. I think the problems with liquidity contribute heavily to the volatility as well.
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