People call bitcoin is highly volatile asset because they hate it. They want to own bitcoin but they fear when they look at newspapers, websites, fake news, and price movements. Years ago, the term "virtual currency" is very common. That term, once upon a time, prevent people to learn what Bitcoin is and invest in bitcoin. Nowadays, we don't see that term too common but there are still many people who hate bitcoin and keep spreading fake news, wrong technical terms on bitcoin.