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?
No, we cannot control volatility considering bitcoin is sorrounded by too many investors.
Yeah bitcoin is surrounded by millions of investors but still we cannot control bitcoin, for everyone bitcoin is different as some are using it as currency some are suing as asset so bitcoin ahs wide phase and right now it is very hard to control bitcoin, infect some people really like the volatility of bitcoin because the price of bitcoin is not the same, buy now hold with patience if today price is low tomorrow it will be high, bitcoin volatility should be taken positively buy when the price will be low and sell at the high price.