On the other side, regulated and registered exchanges will be popping up soon, making it easier and safer for people to enter bitcoin through 'normal' channels. If that money comes in, it may become huge.
Why would people spend real money on BTC if there's no volatility? That's like going to a casino where you can't win & there aren't any hookers. Think before you post, brah.
In my words. (Possible dollar collapse not taken into account).
- Summer 2015
up to ~$700 meandering between ~$180 and $200 - Autumn/Winter 2015 down to ~$160
- Througout 2016 stable as fuck at around ~$160
FTFY, quote me for truth.
bitcoin volatile: no one is going to buy it because it is too volatile and only can be used for gambling, and serious players don't want to lose your money, and volatile is for gambling things, not for a currency. Bitcoin is only for get-rich-quick people and will die soon
bitcoin is stable: no one will buy it because they can't get rich quickly