Bitcoin isn't moving very much just now. Up a tiny bit and then down a tiny bit. Would this be very boring for people. This might not encourage more people to buy. I think the only way people buy is if it's going up and down more. Because then at least they will have half a chance of making a good profit.
Sorry but your posting is the perfect example for what is wrong with the bitcoin community. ^^ It was designed to be a currency and guess what the best currencies are "boring" as fuck. But 90% of the people that are in bitcoin now don't now shit about currencies, markets, rules and other stuff. They are stupid "OMG, I want to be rich tomorrow." fools The fun part is that these people are the ones that make the smarter people earn money. And right now every newbie is late to the party. I bought my bitcoins 4 years ago and I sold them 4 weeks ago. I made decent money over that 4 years but even that was a.) a very short period of time to earn that much money and b) it was way more than what I expected. But right now it is like almost everyone thinks he has to become rich in no time while the hype train already has left the station.
I agree but dont mean any offence to the OP.
Crypto is seen more now as something to make a profit off.
Crypto should be used more, there needs to be more adoption by buyers and merchants.
Bitcoin is kind of stable now, which is perfect for a situation of buying and selling goods,
instead of the senario where you buy a phone for 100$ today and bitcoin rises by 25% in 2 days and you are kicking yourself for not waiting.
ideally a slow steady rise over the medium to long term is preferable for a proper working coin.