Quote from: YellowMoon on May 01, 2016, 07:55:25 PM

I just hope the price rises slowly from now on. 1 to 5% a year is fine. We just do not want big pump and dump.

That's not going to happen. There is way too much development in the bitcoin space, and since bitcoin's market cap remains so relatively small it remains very easy for rich people to manipulate its price and to create volatility for their own profit-making.

One of the solutions to help with volatility is for the market cap to go up dramatically 10x, and more likely 100x minimum is going to be needed in order to substantially lessen bitcoin's volatility.... In other words, so long as bitcoin continues to exist without any major flaws, upwards volatility is much more likely in the short-term future rather than downwards volatility. Actually when you think about the possibility of any price appreciation above going 2x (which is 100%), you gotta think that bitcoin is a decent investment because the most that you can lose is 1x... but you have these other possible price appreciation scenarios that continue to seem not only possible, but necessary for the continued growth of the space. hahahahahaha.