Quote from: AicecreaME on Today at 11:12:29 AM

Quote from: nitrobetting on September 29, 2021, 04:14:37 PM

Isn't speculation and volatility a problem for Bitcoin?

I don't think speculation and volatility are a problem at all to bitcoin. Both aforementioned factors are what makes bitcoin what and where it is today. In my opinion, speculation and volatility are actually beneficial to bitcoin's price value making it profitable to the users who are investing, trading, and holding it.
Speculation is what triggers the volatility and volatility is the one that is in charge of the trend of bitcoin on the market. I think both play a great role in maintaining bitcoin's value and popularity to the masses. With speculation, people will start to wonder if it's a worthy investment and with volatility, they will be encouraged and enticed to risk into it based on what they have researched.

If we look at a non-crypto perspective, speculation and volatility are terms that may bring negativity. But in the eye of a bitcoiner, speculation and volatility may mean profits. They are the reason why bitcoin value reach any heights and fall into its deepest dip. And without them, the crypto market will not be as exciting as today because these two meaningful words has kept bitcoin and the whole crypto market alive and more interesting especially for newbies. Volatility is what giving us more opportunities to gain good profits particularly if we started it from long term holding until we witness its new all time high.