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?
If the bitcoin's price was constant (no volatility), then it is unlikely that this asset would have attracted so much general attention. By and large, the growth of bitcoin can be called volatility (although this is not entirely correct), just over a long period of time (from the moment of creation of bitcoin to the current moment).Volatility over short periods of time (day, month, year, cycle) also creates "emotional swings" for traders and investors, attracting and tempting them to try to earn on these fluctuations.
It seems to me that if the volatility of bitcoin was less or constant, then this "asset" would remain a "toy for geeks".
And what is the point of evaluating the disadvantages or advantages of volatility? It is impossible to get rid of this quality of bitcoin anyway and should be taken as a given. Just "use" it.
