Quote from: iamTom123 on August 30, 2017, 03:06:05 AM

I read somewhere that someone suggested that Bitcoin should have less volatility if it wants to be part of the mainstream financial system or be adopted by a greater part of the global population. The logic is that if there is too much volatility, the would be less demand for Bitcoin.

Volatility has been identified as one of the most important barriers to its global adoption (though right now there is no question that Bitcoin is getting popular every day!) especially on the side of the merchants or business entities.

Now, we know that volatility can be minimized once more and more Bitcoin holders would be looking at Bitcoin more as a currency than a commodity but right now this is not yet happening because as the value of Bitcoin is rising we all become speculators.

Is volatility a thing we have to accept as a normal thing as far as Bitcoin is concerned?

We have no option but to accept the fact that volatility is going to be with us for a lot of time in bitcoin, but that is going to change since bitcoin is still growing, think of bitcoin as a baby, a baby can grow very rapidly but when bitcoin reaches adulthood then it is not going to change much after that.