Quote from: iamTom123 on August 30, 2017, 03:06:05 AM

I read somewhere that someone suggested that Bitcoin should have less volatility if it wants to be part of the mainstream financial system or be adopted by a greater part of the global population. The logic is that if there is too much volatility, the would be less demand for Bitcoin.

Volatility has been identified as one of the most important barriers to its global adoption (though right now there is no question that Bitcoin is getting popular every day!) especially on the side of the merchants or business entities.

Now, we know that volatility can be minimized once more and more Bitcoin holders would be looking at Bitcoin more as a currency than a commodity but right now this is not yet happening because as the value of Bitcoin is rising we all become speculators.

Is volatility a thing we have to accept as a normal thing as far as Bitcoin is concerned?

Indeed already from the beginning bitcoin, it have very high volatility. Some happy about that and some are sad because they lose their funds. Actually no loss of funds. Their money just changed hands. Example "in the year 2013/2014 Bitcoin increased prices up to 1200 dollars and that time decreased drastic to 200 dollars. There is someone who buys Bitcoin at the price of $1200, then the price drops until $200. I think he does not lose if he can manage it by holding / hold Bitcoin until now, and see for yourself the bitcoin price in this year yesterday can reach almost 5000 dollars. You have nothing to lose but just change hands."
Volatility is a chance for traders. This is For daily traders and short-term investors not annual traders, Bitcoin's volatility provides a great opportunity to make a profit. By predicting short-term trends in Bitcoin properly, the traders can generate huge profits; far more than investors who have a buy-and-hold strategy like the story above.

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