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?
My mind says that for Bitcoin and cryptocurrency as a whole it will be much better if Bitcoin is slow, without large price spikes. We have already seen why such a surge in December last year led the cryptocurrency market.
However, sometimes such a significant surge still want. Therefore, let the cryptocurrency develop as it turns out. Vseravno we can not affect this process.