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.
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.
I would say it does. Over the past few years of its tenure in the currency market, I think that it has added many experiences and movements under its belt that would warrant for it to grow and mature. I know, it hasn't been all that good since Bitcoin has many downs and falls than ups and increases, but then, what I would say is a considerable light at the end of the title is the fact that it still show good movements rather than nothing at all. All that is happening, I think, is something that is bound to happen while the coin is stabilizing.