Post
Topic
Board Speculation
Re: I really like how calm the forum is!
by
HarHarHar9965
on 12/07/2015, 09:41:21 UTC
I agree, and I like it that way. It shows Bitcoin is reaching maturity as a currency, and no longer speculative

wut

no more wild swings and volatility. No merchants would like to receive payment knowing price might drop the next day, and no buyers would like to spend knowing price might rise the next day. Stability is the hallmark of a workable currency.

you know that volatility is not only when bitcoin is going down, but also when it is going up, and has the same danger, especially for buyers(but good for merchants), because if a buy something that cost $300, and i pay in btc, but then the price go to 400(just an example) i would have lost 100 for that thing

Yes, volatility will be around bitcoin for a good period of time, as we say, it is indeed a currency with its flaws. However desirable stability is, volatility does seem exciting when the price increases and is in favor of the seller but also it might be very unprofitable for the buyer so that is something which cannot be avoided now. Its all a gamble for a person who doesn't study price levels