The reason for volatility is simple.
Somebody probably asked Santa for cheap coins. Santa will probably try to make coins cheap before buying them driving the market downwards. Once that person is given the cheap coins they must go up because otherwise the coins weren't cheap![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
Somebody probably asked Santa for cheap coins. Santa will probably try to make coins cheap before buying them driving the market downwards. Once that person is given the cheap coins they must go up because otherwise the coins weren't cheap
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
So what happens if many people have asked for coins?