In 2017/2018 with the sharp increase in the price to the ATH of $18 000+, people were saying that Bitcoin can never be a currency with that kind of fluctuation and volatility in the price.
In the 3rd & 4th quater of 2018 up to Jan 2019, we have experienced a correction from that ATH and we are seeing much less volatility in the price.
Would you say that Bitcoin has shed it's speculator skin and emerged as a true currency, after this correction? I think with most of the speculators left the Bitcoin scene in the last year or so and Bitcoin has truly transformed into a community of people who are more interested in the technology and using the technology as a currency.
Let's discuss, because I am very curious in what you opinions are about this.
the cryptography of the blockchain technology has never been heard of to be faulty in anyway and the challenges arising in the technological space has never been pointed to as a fault from the design of the blockchain, that is to tell you that the bitcoin is very matured enough to handle the capacity of transaction and its application indifferent section of spheresIn the 3rd & 4th quater of 2018 up to Jan 2019, we have experienced a correction from that ATH and we are seeing much less volatility in the price.
Would you say that Bitcoin has shed it's speculator skin and emerged as a true currency, after this correction? I think with most of the speculators left the Bitcoin scene in the last year or so and Bitcoin has truly transformed into a community of people who are more interested in the technology and using the technology as a currency.
Let's discuss, because I am very curious in what you opinions are about this.