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?
It depends on the user that will view it because we have different preferences on how we can handle volatility.
As a Bitcoin holder, that volatility is not a big deal since I focus on the longer timeframe so there’s no demerit effect for me regardless if the price swing is so strong.
But for futures trader, the result will be significant depending on their current PnL by trading Bitcoin with this volatility.