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it’s important to understand why the price of btc is so volatile.
btc is a startup currency, like any startup, it's highly volatile because people are still experimenting to figure out how useful it is. But over time, more about the potential or lack of btc will be revealed, the uncertainty will diminish and volatility will decline.
A lot of people view btc as a replacement for conventional currencies, that’s a mistake. Bitcoin will (potentially) succeed serving niches that conventional currencies don’t serve well.
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