No, volatility isn’t decreasing — the fact is, it is most likely undefined.

WARNING: This is not financial advice. Trading can get you REKT very quickly. Only do it if you know what you are doing and have fully comprehended all of the tax and legal obligations and sought the advice of a licensed financial advisor.

The Bitcoin daily return distribution (in percentage returns) has been argued to be decreasing over time (i.e. diminishing returns, decreasing volatility etc). In this article, we will provide some evidence to the contrary.

Below is a histogram of the Bitcoin daily percent return distribution. As can be plainly seen, the distribution does not follow the typical Gaussian…


An oversimplification of a seemingly reasonable concept sold on bamboozling (wrong) statistics, data mining and confirmation bias

“Everyone then who hears these words of mine and does them will be like a wise man who built his house on the rock. And the rain fell, and the floods came, and the winds blew and beat on that house, but it did not fall, because it had been founded on the rock. And everyone who hears these words of mine and does not do them will be like a foolish man who built his house on the sand. And the rain fell, and the floods came, and the winds blew and beat against that house, and it fell…

Nick o͡͡͡╮༼ ಠДಠ ༽╭o͡͡͡━☆゚.*・。゚

#Bitcoin NOT FINANCIAL ADVICE. views expressed here are my own. https://my.paynym.is/+restlesscake71a

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