[2016-09-01]Bank of Canada Creates a Model to Predict Bitcoin Volatility

[BTCBinary]

Bank of Canada Creates a Model to Predict Bitcoin Volatility

Researchers from the Bank of Canada have developed a model to predict the volatility of cryptocurrencies like Bitcoin and other altcoins. The adoption of Bitcoin and other digital currencies has been slower than expected.  The volatile nature of Bitcoin is one of the reasons for slower adoption. People are worried about the possibility of a downward fluctuation, which may result in huge losses...

http://www.newsbtc.com/2016/09/01/bank-of-canada-bitcoin-model/