Quote from: kryptorian on January 31, 2018, 12:35:27 PM

Quote from: marcuslong on January 31, 2018, 05:26:52 AM

Quote from: shainasaz on January 31, 2018, 05:20:53 AM

Its a normal status of the crypto wolrd be volatile and this status inspire the businessman to invest long term trading and short term trading or daily trading not only inspire to businessman also to the middle class people of the world investing and doing a business in crypto world.

Yes. I agreed. This is normal. Cryptocurrency is decentralized so that no one can ever control on the price, rate and supply of it. Even government does not control any part of the role in governing Bitcoin. I think that the price of cryptos will always be volatile because the price depended on the demand of it. Being volatile also one of the things that will give benefit for Bitcoin holders and traders. So,That's normal.

I can't agree that it's normal. Volatility is slowly killing Bitcoin. It may be beneficial for Bitcoin traders in the short term, but with these levels of volatility it will remain a purely speculative asset and it will implode eventually! In a few years people will write here or elsewhere that it was kind of obvious and set in stone. That without real use in the real economy the life cycle of a speculative asset like Bitcoin is limited to maybe a decade. There is no light for Bitcoin at the end of the speculation tunnel!

Dude, short term or long term, btc's volatility will always define it's value. Look at what's going right now with btc, its become stagnant for a while at a dip. Surges and corrections are healthy to keep crypto balanced. If bitcoin has a stable price it means people are simply holding on to it without using it as well.