Post
Topic
Board Economics
Re: Would you rather see steady growth in Bitcoin or strong upward spikes instead?
by
rosepetals
on 21/11/2018, 22:16:04 UTC
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?
I think people still prefer the votality of bitcoin or cryptocurrencies because we already know about the concept of cryptocurrencies existence,the votality gives traders a chance to have huge profit and people will took this opportunity when it will spike to its highest level but i think the steady growth has its advantage also
where merchants can have peace of mind to use it as a mode of payments and the fears that it would eradicate cryptocurrencies or bitcoin will lost because of its steady growth.