Quote from: Rockstarguy on Today at 02:55:08 PM

Quote from: G-aluminum on June 03, 2024, 01:31:08 PM

Examining the challenges bitcoin faces including scalability issues, price volatility, and environmental concerns relating to mining

Price volatility is not a disadvantage of bitcoin instead it is advantage to investors who invest in bitcoin. Without the volatility of bitcoin there will be nothing like profit in bitcoin, no volatility there won't be any investment.

Indeed. In fact, price volatility is also one of the things that functions to get profits in trading. Bitcoin is not a stable coin, and Bitcoin has always been volatile. However, there are many parties who can optimize its volatility to gain profits, trading being one of them. So, if we just look at the negative side, we won't get good results from Bitcoin and whatever it is. Because nothing is 100% perfect, we have to be prepared for all the risks. And we also have to be smart to optimize all existing opportunities, including the volatility of the Bitcoin price, to exploit it for much bigger profit opportunities.

Quote from: Marykeller on Today at 07:29:30 PM

Quote from: G-aluminum on June 03, 2024, 01:31:08 PM

Examining the challenges bitcoin faces including scalability issues, price volatility, and environmental concerns relating to mining

OP, with your mention disadvantages of bitcoin, what's your advice to it? Should we stop investing in bitcoin or stop having it as a store of value knowing its disadvantages?

Maybe it's just to spread negative rumors and make people think about investing in Bitcoin. However, in fact the issues related to the things raised by the OP have actually happened frequently and we have even often encountered various negative news about Bitcoin. However, they still can't stop people from investing and doing various things related to Bitcoin. Yes, because with every risk, there are benefits that we can take advantage of, right? So as long as we can use it well, why not?