Quote from: Ever-young on Today at 12:07:35 PM

Quote from: Susano on January 24, 2023, 08:38:37 AM

Still think the ETF funds can solve this problem, or at least will lessen the volatility of Bitcoin.

Bitcoin ETF is already already here, the price of Bitcoin has already shown some positive move over the news. But I don't think that's enough for Bitcoin volatility to be controlled. Volatility is one thing that makes Bitcoin what it is today, you saying Bitcoin volatility should be stopped means you are trying to make Bitcoin a stable coin. Which can't be possible because even the said stable coins out their are not that stable, they still lose value. Bitcoin volatile can only end if it's ever possible for Bitcoin to be controlled which is not possible.

Bitcoin's volatility is a good thing, and that makes it attractive, but I don't understand why so many people want it to be stable? If bitcoin becomes as stable as gold, then I think more people will leave it and look for more volatile investments, let alone it will become as stable as currency. There won't be too many people loyal to bitcoin once it stabilizes.

Honestly, I never expected bitcoin to be stable, I like it to be volatile because it's profitable. If someone doesn't like volatility, they can look to other assets instead of expecting bitcoin to become stable.