I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.
So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
Strong upsurges in bitcoin prices then lead to strong price drops and very long price stagnation. Therefore, it will be better if Bitcoin grows slowly and confidently, but with moderate bursts to revive its trade. If there were no December bursts, Bitcoin would now have a significantly higher price and investors would not be so disappointed with the cryptocurrency market. And most importantly, the Altcoins could calmly and evenly develop and grow, and not lie now for a whole year near Bitcoin.