I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and governments.
No, the problem in here is that bitcoin had a drastic change on the price on December, and that was not natural my friend..
Just look at the charts, and tell me.. Do you really think that a "pump" from $7,800 to more than $19,500 in just one week and two days are "normal"?
It is not, and that was the main thing of why a lot of whales decided to take profit in there.
So what do we have now?... Of course, we are on a death market right now, but it is still normal just like it was before (one month ago i mean, maybe)
Its beyond the topic because the question is simple,if its better if bitcoin will grow little by little than a speed rise.
And for me this is much better,because slow growth means long time growing than the speedy one like last December 2017 then what happens after?many correction and lots of pumps and dumps that until now being rides by whales ,they saw how to generate income by just manipulating the market