Re: Is Bitcoin Volatility A Bad Thing?

I dont think volatility is a bad thing. Bitcoin volatility is because the matket still small. If it is bigger it will have smaller volatility and the volatility now only because bitcoin seeking its true price through supply and demand. When it reach $100k and i think it posibly going to that price we will see small volatility. At stock market smaller market cap stock also have bigger volatility.

Volatility is the norm for trading but Bitcoin is also a payment method, and people do not use it to pay. This is because Bitcoin is very volatile. I do not know what you want to talk about with $ 100k. My imagination was not enough.

Volatility is good for trading and investment for the long term. This is your opportunity to get rich.

For me volatility of bitcoin is not a bad thing because of there negative and positive impact to every each one of us. If the price of bitcoin is radiply falling down, its because of many speculation in a previous months like china have expose of a total banned of bitcoin. So most probably thats the number one probable cases of volatility.

It's not only a chance, it's a risk too man. Much people are losing 1/3 their assets in 1 day just because the volatility of Bitcoin.