Quote from: Renaldi blackspadeteam on October 30, 2018, 08:23:14 AM

Quote from: yaphetSGG on October 27, 2018, 11:14:47 AM

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

of course the bank will say like this, because their technology cannot defeat the technology of the blockchain, and they are afraid that someday fiat money that actually comes from the bank will be replaced by Cryptocurrency

Actually, banks will always say whatever they feel like just to make themselves feel good, but in reality, no one actually cares as far as I am concerned. There is really nothing to be afraid of honestly, unless they just want to be afraid for their own pockets, or the fact that cryptocurrency brings competition or will bring huge competition for the banks, but in general sense, it will actually just be an alternative, which is honestly a good thing. The market is decentralized and new, so I expect that volatility is something that is expected. Even when gold hit the market, we all knew how volatile it was, so to me, they really do not have any point at all.

Quote from: Irvinn on November 01, 2018, 05:59:46 AM

For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.

Volatility is even something we cannot hide from at this stage. Cryptocurrency market is a very new one, we all know that we have not even entered the level of mainstream adoption yet, and there is actually more room for growth, and until we probably see a huge level of adoption, greater developments when it comes to real life usage, before we can see any level of volatility subside a little bit.

However, just like you said, whoever wants to complain about volatility is their own choice, but the main reason why a lot of retail traders as well as institutional traders have found this space attractive is as a result of its volatility.