Post
Topic
Board Bitcoin Discussion
Re: Did we get what we asked for - less Bitcoin volatility?
by
avikz
on 08/10/2018, 18:06:12 UTC
Do you remember the times when Bitcoin prices were all over the place and price swings of $300 to $500 in any direction was

normal.  Roll Eyes  Well, back then, everyone were moaning and complaining about the high volatility and how this negatively

impacted the merchants and using Bitcoin as a payment option.

How things have changed in a matter of 1 to 2 years is astonishing, because now people are complaining about the lack of

volatility and how boring Bitcoin has become.  Roll Eyes


Do we know what we want or are we divided in our goals, since more speculators have entered the Bitcoin scene in 2017.  Huh

Let's discuss.  Wink

Pointed very accurately!! The group of people complaining about less volatility are speculators who trade on cryptos and leveraged the volatility aspect of it. But I see no harm in it because speculators are also an integral part of the eco system. Without them, the crypto market have never experienced such momentum.

But I personally think that stability will do more good in longer term. Less volatility will lead the sustainable growth for the future where increased adoption rate will fuel the growth!

Even though the main roadblock for sustainable growth is the unclear legal framework. But having a stable price will make a lot if merchants interested in accepting cryptos as a method of payment.