The volatility (persistent changes in the price of Bitcoin) has drawn a lot of attention, and will continue to. The consequences surely has it's merits and demerits; to various users. To the trader, and investor respectively. Do the merits outweigh the demerits? Would a less volatile nature draw more usage?
No asset lacks volatillity. the extent might differ but all of them experience volatility in their own way.
if bitcoin was not volatile, maybe it would have remained down and might not have worth what it currently worth. if it was too volatile, investors would not have considered it to be an asset class because investors gets interested in asset that stands to give them profit.
The pros will now be that bitcoins volatillity brings more investors into buying it. the cons can be that the fear that bitcoin might go down because of volatility will hinder fearful investors from buying bitcoin. the ballance still makes the pros higher than the cons.