If I'm not mistaken it was Michael Saylor that stated volatility is not a flaw. It's a feature.
The reason why people are seeing volatility for its advantage is that unlike most
Bitcoin has a use case and considered a commodity that's scarced.
This makes its volatility bent towards rising more than falling.
It's this volatile because it's still Young

But the thing is, Volatility is One of our limitation of Bitcoin being a medium of exchange
Since many business owners consider it too volatile for their likings.