Bitcoin Value: Understanding Bitcoin's Scarcity, Flexibility And Volatility

Bitcoin Value: Understanding Bitcoin's Scarcity, Flexibility And Volatility

Described by some as an investment roller coaster ride, the value of bitcoin and its unabating volatility can be difficult to comprehend.The fluctuations in bitcoin’s value acts as both a draw and a deterrent to investors, in what has been described by many commentators as a modern-day gold rush. The true extent of bitcoin’s investment volatility can be best understood by examining two hypothetical investment scenarios:Investor A bought $10,000 worth of bitcoin on March 14, 2020. At the time, they were able to buy roughly two bitcoin. Having held them for exactly twelve months, he....


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