I just find out that some new comers are calling Bitcoin volatility a flaw, like really? This is the converstion among my friends, no wonder no one wants to always buy when there is panic in the market.
Something that should be their strength is becoming their fear.
Its volatility comes with an advantage, aka the buying power or buying opportunity.
Without price volitility, Bitcoin will not be an asset or investment. People will not buy and hold with the intention of selling in the future when the price increases. As we are all aware, when the price drops, investors accumulate and they seek when it goes up. However, Bitcoin as a currency will gain more attention if the price remain stable.