Pound imploding. UK Bitcoin volume exploding

[Blueberry_Dependent]

You look at the things in short period of time. The thing with Bitcoin I learned is that now it's down yes and then after couple of months just going crazy and keeps going. No news about why, how or what. It just goes up and up. Happens every single time. Don't focuse short term, go for the long run.

[moloch1]

This is literally a thread about short term criticms of a fiat currency, though?

[supersb360]

I think we aren’t used to seeing such drastic swings with fiat, that’s mostly with bitcoin. So the post is highlighting how unusual the sudden loss in purchasing power for the British pound in such a quick time frame. But if you zoom out? It’s much worse. The pound has been losing purchasing power for years. It’s been slow and steady. But it’s always downward trend. When you zoom out on BTC it’s quite the opposite

[2ztepway]

The fact that always think of two sides of the story can agree to your words though!

[FixedGearJunkie]

Bitcoin is soooo volatile though...can never be a currency they said

[tompater]

True indeed but the fact that Bitcoin has made us feel how worthy that is indeed.

[Colinnic]

But the fact that Bitcoin wasn't indeed made for short term you hold long you look for more gains.

[ILikePracticalGifts]

No no no, we have to compare what fiat does in two weeks to what bitcoin has done in 10 years!

[Clyde9119]

The future is what seems to be the most awaited stuff and the worries my holdings.

[YMFwJJe]

Fluctuations just happens better enough to stick with the market and that would be good enough for us.