Post
Topic
Board Economics
Re: Can Bitcoin Volatility Be Controlled?
by
Nakedbitcoin
on 17/03/2018, 12:46:11 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?
Even fiat money like dollar is not stable. But bitcoin is the most unstable. For me, this cannot be controlled because this is decentralized. But its volatility is helpful in many ways. Like for those investors, they can profit bigger when they buy coins at lower price and sell them at its highest.