Post
Topic
Board Economics
Re: Can Bitcoin Volatility Be Controlled?
by
wpc143
on 08/03/2018, 11:20:45 UTC
I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).

Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
I think we cannot control the bitcoin's volatilty because the price depends on the demands. When there are more investors than sellers, the price will move up. And when there are more sellers than investors, the price will drop. Just in my own opinion.