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?
yes, if bitcoin wants to be part of financial system, less volatility is needed. maybe someday if bitcoin is known by all country and almost all people is using bitcoin, the volatility will be too often and bitcoin can enter to the financial system as a new currency. right now, volatility is the main problem for bitcoin but I think it is good because as long as there is any different for buying price and selling price, we can take profit and right now, I think its no problem if bitcoin can not accepting as currency because we can use bitcoin to in online.