Quote from: Eugenar on September 24, 2017, 12:39:57 PM

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?

Less volatility will be a factor for Bitcoin to be globally accepted as a currency and I agree with it. Most of the currencies specifically regular currencies has a stable market value. It is needed for worldwide exchange, and if the value of a currency is volatile or oftenly changes, it will be a risk. We are hoping that in the future, it will be less volatile since the demand is getting higher as of this moment, maybe it will be highly stable and would make it a good currency.

Well, volatility is the key nature of the bitcoin which can't be ignored and would last long with it. Also, it is one of the factors that encourage bitcoin investment for the traders. In fact, it offers a great deal to have to huge profits...
But on an average, its value is annually increasing. So dealing with it is always profitable...