What's the source for the chart?
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Data is from Coindesk for BTC and FRED for gold. I made it myself.
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Gold is still 50x larger than Bitcoin. Given how far Bitcoin needs to go before being widely adopted, the vol numbers are noise right now (imo). The vol is largely driven by the influx of new people into a still small ownership base.
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Could be... or maybe something fundamental to bitcoin's nature renders it super volatile at all market capitalizations, which I think to be the case. Chart bears my side out, so far.

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Yes, I know. Gold teeth are why gold has such low vol!

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Size + time will lead to stability, not size alone.
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What will happen over time that will cause the vol to fall?
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Lindy effect. Building up trust. Increasing population of observers and hodlers who have seen bear markets recover.
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Is religion an example which contradicts the Lindy effect?
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It is much more difficult to discover price in a market that is growing 10x in a few months than in a stable one. Bitcoin will not match gold's intraday volatility until its market cap line is as flat as gold's and
#hyperbitcoinization has concluded.pic.twitter.com/jFYy1cb1oZ
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Bitcoin contains no mechanism to stabilize its price. It contains a mechanism to stabilize its *quantity* which mainstream theory assumes means price.
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The volatility is because it went up 20x in a year genius.
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It should take a decade or more. Once miners get more in fees then rewards, supply will even out. Until then, enjoy the ride.
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To make this fair you should probably chart a comparable volatiluty for the entire lifespan of gold, say, a couple thousand years? But something tells me you aren't all that interested in actually thinking about the subject objectively.
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Your timeline is too short. Add 25 years.
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Are you sure number of users is increasing? Number of transations doesn't appear to.
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Too early for that story.
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Come back when you have the chart for the first 10 years of gold
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