Bitcoin Forum

BTC main value proposition is to be a decentralized currency and/or value store. 1. The BTC community desires it to be widely adopted by the population. But price volatility prevents so. A significant amount of people cannot afford the cost of volatility.

A big argument against inflation is that it raises the cost of business. The same argument can be used to criticize BTC. BTC volatility raises the cost of doing business if BTC is your only capital. If we desire BTC adoption to rise we must take care of BTC price fluctuation. BTC demand is highly unpredictable while supply is predictable, resulting in unpredictable prices. That means volatility can't change unless demand stabilizes.

Common counter-arguments:
3 "BTC is volatile but it always rises in the long-term so it doesn't matter". Is it does, it increases the cost of business. I can't start a bakery with only BTC capital because in the first dip I will have to take loans to pay wages.
3.1 "Oh, but you can't see that happening because you can't see far enough." This sounds like a highly utopian view. Pragmatically, we need a path from here to there, I turn to you and ask, how can we get there?
3.2 "Okay, it doesn't matter for some people and that's all". Okay, then BTC will be a niche store of value, contradicting #1.
4 "Demand will stabilize in the long term." How?
5 "Price stability is a myth, market demands always change them" Sure, it's a myth. Yet it is desirable. If we are designing the system, shouldn't we take that in account? "No, we shouldn't, if you want to do that go and create your own coin." Okay, then BTC will be a niche store of value, contradicting #1.

What incentives do savers have to buy-in on a inflationary money supply? The incentive of stability? That's one reason people agree being exposed to the USD. Am I defending inflation tax? No. I'm asking could there be benefits to having a transparent voluntary contract with varying money supply rate. And I'm leaning towards a yes to this question.

If the supply of a coin could be influenced by price then we would have a more stable coin, the cost we pay is inflation. The issue then becomes an optimization issue, on what would be a proper trade-off.

What are your thoughts?

Many people do not want volatility and deflation system, but how can bitcoin operate smoothly if these system will not apply? Bitcoin cannot move a long life operation if volatility and deflation will not apply. It is the way on how the management provide a good balance system between users and operators.

Your truly right that volatility can prevent adoption, because when a certain business institition adopt cryptocurrency and for the next days the price will go down it comes for a big losses, and to avoid losses it is better to used real money which value is fixed, and cryptocurrencies are only used to make a real money, because all cryptocurrencies are having a large value when change it into a real paper money.

Yes I do think so but I still maintain that BTC's largest use case is just an intermediary between USD and alt coin exchanges.. and BTCs volatilty really helps make money in this case.. but as far as currency and using for payments absolutely.. but volatility would be a 3rd reason behind slow and heavy transaction fees.

Yes bitcoin's volatility prevents mass adoptions woldwide. Lets take this situation, a company X gives salary to the employees in bitcoin and suddenly the price of bitcoin increases and after few days it decreases again. It will be a huge loss for the company and what is the reason? Volatility.

In my opinion, bitcoin can be adopted but not a mass adoption because volatility is preventing it.

Exactly as posted above. As a matter of fact Microsoft and Valve for example have stopped accepting Bitcoin due to it's volatility.

Microsoft still does accept bitcoin, AFAIK.
But yeah point being, so much volatility makes makes BTC unusable as an currency. Bitcoin would still be usable if the volatility was restricted to few hundred $, like say for past 2-3 days BTC is going up and down within $8000-$8500 this much of volatility would be fine.

The idea of bitcoin being use as currency by the masses is still far from reality because of the volatility and the limitations when it comes to technology since some places in the world has limited access or no access at all to internet so they cannot use cryptocurrency. Bitcoin is being use now as store of value instead of a currency because it is not practical to use it as such since the fee is more expensive than the actual value of something if it is use as payment to small value transactions.

Unless the fiat currency is eliminated which I think is less likely to happen then volatility of cryptocurrency will continue. It may come to a point where many people will use cryptocurrency thus a mass adoption but it will not become THE currency that will be use because fiat will still be the practical one and accessible by all people.

To decide whether Bitcoin volatility will prevent adoption, maybe we should look at whether it has prevented adoption till now. The people who have been doing business with Bitcoin are pioneers with enough understanding to take on the risks you have mentioned above. Those who has bitcoin to spend have also been doing it to increase circulation and popularity.
A simple way to do it was by using BTC to spend and buying the equivalent in BTC on exchanges. For the merchants, They sell for BTC and convert part of it to Fiat to keep shop running. This is still an enthusiast's game and we haven't reached the stage where BTC should be your only way of doing business.

The primary purpose here is redistribution of BTC. It should be seen as very early stages of a long cycle of adoption. The next paradigm shift is going to come when Lightning Network and cross-channel swaps are fully deployed. Those will enable micro transactions and things like pay-per-view for content producers in the knowledge economy. Once this starts, its upto the participants to decide on how much of fiat they want to maintain as a hedge against bitcoin volatility. The path to adoption seems straight-forward enough but its a community project. Community being the catch word, nobody is going to come and propose that BTC is the best. Like say someone shilling a clone and claiming that its fast and cheap without explaining that it is so because of lack of scale.


The benefits to saving in BTC and not just in USD are many fold. A large part of the value that BTC has comes from its usage as a truly borderless currency. We still have to see how regulation plays out and these truly are the issues the community should be focussing on. The value also comes from underlying infrastructure and its usage. These initial days are filled with scams and clones but it should rationalize over time. If it doesn't, it will be the end for all these clones. Bitcoin movement on the other hand can still sustain itself for its supporters are much more clear about their motivations and aims.
Savings in USD or any other Fiat are subject to inflation as well as the "screw-up tax"  that the public pays when central banks and banking behemoths screw up. BTC is much better in these regards.


Supply is determined by mining algorithm. Number of coins produced per blocks is part of the consensus rules and these cannot simply be changed by linking them with price. Its an idea alright, but i don't see any possible scenario on how this could be implemented without some sort of central control. We wrap back to the same question, do we need value stabilization when it is chiefly a centralized kind of decision?
The centralization associated with any stabilizing attempt is probably the reason nobody wants it.

To the OP, you sound like you are actually thinking to care enough about these questions. Would love to have you continue the discussion without this thread turning into another repository of generic comments.. LOL..Meriting your post so we can keep this working.
Do it in your own time. I'll keep a tab through "new replies". Thanks!

You have good points. It's true that volatility prevents adoption, in order to have a mass adoption of a certain currency it is recommended to have a stable value. It indicates a stable economy too.

Companies including online shop are not adopting bitcoin now because of its volatility and for them to adopt bitcoin it most be stable. Bitcoin is the best form of money and because is the best form of money it most be money like. Many of us are treating bitcoin as stocks and commodities and using bitcoin as an investment opportunities but bitcoin should be see first as money and as a mode of payment for  good and services. We undermine the value of bitcoin as money if we use it as stocks or commodities.

volatility is unpredictable. it continues to change whatever things it can change. it is likely to become dangerous or out of control. but volatility is not good in a way that if what was planned, then it should be followed but sometimes it is volatilized. bitcoin volatility can not prevent adoption. i believe that it is dangerous to companies like internet companies. changing of rules and other things that people knew about can lead to chaos and troubles. people will protest and sometimes leaders or investors will pull out their investments if that happens.

What LogitechMouse said is true, the volatility is really a great factor in considering adoption because there are many risks involved in it. The volatility can directly result to losses which is something many of us is trying to prevent so that unfortunate circumstances would not occur. However, I really think people should look into other factors aside from the volatility since Bitcoin has a lot of potential. If we can be able to adapt to its volatility and consider margins for its movement then adoptation would not be much of a problem.

   Yes bitcoin volatility prevent adoption specialy for those company that only pay their worker at fixed salary and their business also affected.They can't use bitcoin for there company,because it is changeable,they are at risk everytime price drop. I think bitcoin is just invented for investment which is you can buy if price low and sell if the price is high for you to gain more profit.

I also wanted to prove that volatility of bitcoin makes the market equillibrium wherein the demand and supply affects the price of the bitcoin. The volatility of bitcoin makes us more profitable. I know that many speculations are against of its volatility but bitcoin will never be a good coin if the price of it will gradually move.

I'm sure many merchants could make a Bitcoin adaption, but I believe they will sell the profit immediately. They just want a profit in FIAT. So I doubt the volatility will prevent the adoption. The problem is could be the anonymity that company won't deal with.

You could have your profit in FIAT immediately by using a payment processor, they would charge their fees and pay you FIAT, Bitcoin's volatility is not an issue. all the merchants and all the people using Bitcoin and or any cryptocurrency for their advantages are making %2-3 of total daily transactions and trading volume. the remaining %97-98 are taking advantage on each other because there is no central authority to fear.

Is there a country without any government? they all have one, because people need centralization, the only mass adoption for cryptocurrency is the adoption of countries, masses are not capable of bypassing their governments.

It is a sort of a factor. Ofcourse, volatility on n investment as well as a currency is  bit of a downside. But it cn also be n advntge where profit will be made from. They may buy during the dumps and sell whenever its market vlue is on its peak. But also, only few people will be thinking of this thing so it might be a reason for some countries on not to adopt cryptocurrencies including Bitcoin. Let's just hope that in the future this problem will be solved.

But microsoft had once again started to accept bitcoin payments.But at the same time, we should not forget that steem has totally dropped accepting bitcoin payments.

We are still far away from the day people will receive their payment in bitcoin and if that day comes then the price of bitcoin will be more stable than now, the issues with the volatility are several, one problem are the whales, the whales have so much bitcoin they can create trends out of nowhere by just buying and selling coins this creates a market that is even more volatile as it could be if left to move on its own.

Just so you know that even the demand will stabilize in the future it won't affect or make Bitcoin less volatile. If Bitcoin's demand increase in the future it will simply make Bitcoin more volatile as a lot of people will try to buy and sell it for profit. Which means an increase in market participation will not mean all the participants will agree on a stable price but it will mean that all of them will try to get what they want for the price they set it to be. Unlimited demand to a limited supply will simply mean a battle of control.

Not only is it a lost for the company, but it would be a disadvantage to the employees because their salary would become less if the price became lower. If bitcoin were to be adopted as a widely used currency, problems like these would arise. This is what prevents bitcoin from being adopted, along with high transaction fees and slow confirmation times. Volatility is an advantage to some users of BTC such as for traders but it can be said that it is a hindrance for adoption.

Human nature gets in the way, as it tends to do. It is difficult to stabilize prices in a world where people would rather play the market and get instant gratification by re-selling their coins for as high a price as possible.

Bitcoin volatility and lack of regulations are the main causes behind that.


Yes, but if a merchant uses Bitcoin and its price goes down for one or two months ( like what happened last month) he will not be able to recover his losts and afford new products to his customers.

Bitcoin will stabilize when the demand stabilizes but how long will it take to happen?

I think volatily in some ways really prevents mass adoption as, in particular, merchants have a risk of losing profits because of it. In the end, volatility creates many mess around the transaction (which happens not instantly, I must say).

When did Microsoft accept Bitcoin? Dude, you guys are used to making up news on your own and telling lies. Even the volatility of Bitcoin can’t prevent it from being adopted, cause volatility is something that can be worked on easily. Rate of demand moves the price of Bitcoin, but it is not what determines the volatility. Volatility is being determined by the devs, they can choose to make it very less volatile or the opposite.

Not at all although bitcoin volatility does affect the coin's usefulness as a currency which means that because the price is always moving and is never in a single position, prices are always switching so when it comes to using it as a currency it is not viable.

Yes, the volatility is bitcoin's biggest irony. People today are searching for the best banks they could use for storing money. Bitcoin still has a low usage rate because of jts volatility. Not all can understand that volatility is a great instrument for traders and even holders. If bitcoin is not that volatile, many people will use it because of the characteristics that it makes it better.

You can also add to that that people are scared of spending their bitcoin , when you see headlines everywhere predicting bitcoin to go to 50k or even more.

Think about why people by now haven't yet invested in bitcoin even though it became very popular and some have been able to make a lot of profit from it, its because of how its price is always changing, investors and businesses owners are afraid of what could happen if they accept it one day when it is high up and the next day they find themselves losing a lot, if bitcoin was stable not only people and investors will accept it but it won't be a surprise if governments would accept it as well.

It would attract people who are looking for a quick profit, people who actually have money to spare to pursue that goal. That in itself would increase the userbase and slowly drive up the "resting" price. Which would encourage others to adopt it. We still haven't got to the point that we'd regularly use it but people can adopt it as an alternative (or additional) store for their money.

Big volatility of bitcoin is still the main problem, due to which states treat it with caution and even with some hostility. The last increase of bitcoin in December last year presented bitcoin as a financial bubble and therefore many states began to warn their citizens about the greater risks of investing in bitcoin. This also serves as a big obstacle to the full legalization of the crypto currency.

I do agree. It seems to be a factor for countries who are planning to adapt Bitcoin as a currency. It is still a problem because a currency should have a stable market price in order to be used fairly in the market. But since the market value of Bitcoin changes from time to time, stability on its price is lacking. So let's just wait what tomorrow could bring.

I think that it's reasonable - serious businesses cannot rely on such a windy thing. BTC needs time to become really mature.

Governments and central banks have always been 'warning' people for the risks involved in crypto, which makes sense to a certain extent if it remains just a warning as in raising awareness. If they on top of that use it to preach against crypto in the way that it is fraudulent or shady, then their agenda is clear. Regulations aren't strictly related or based on the volatility involved. It might influence things a bit, but it shouldn't be a major factor preventing regulations from being implemented. Volatility is more a potential issue for parties like the SEC when it comes to considering approval of an ETF for example, which have all been rejected where volatility and Bitcoin's unregulated market were the main incentives. Even fund insurance wasn't enough to satisfy the SEC.

I think the volatility does affect the adoption of Bitcoin, the volatility of Bitcoin is very big and quite often, it makes people rethink again to used it daily, theoretically the mass adoption will make the fluctuation become smaller and slower, but in this early stage of adoption, the shop will be having difficulty to adopt Bitcoin because the price moved a lot

I personally think that in that specific time frame the market was indeed not ready for an ETF, which right now might be completely different. Regulations are being thrown out these days like never before.

I can remember that the Winklevoss ETF was granted a review by the SEC, but so much time has gone over that, and still nothing happened, and not even one thing about that is being covered in the media, which is weird.

If it was rejected it would be known, and if it was approved it would be known as well. It's probably pure speculation, but couldn't it be that the Winklevoss ETF has been pulled back by the Winklevoss themselves?

If anyone knows more about this please share what you know. It was a pretty big deal at that point, and suddenly there is complete silence, which isn't normal in my opinion, but who am I?

Well, to some extent the Bitcoin high volatility rate has been scaring a lot from the Cryptocurrency markets for quite a while but from the look of things, I believe that this area is being dealt with and we are observing some smooth trendings of the Bitcoin price.

This is why some businesses do not use bitcoin as a direct payment method but use a third party like bitpay. Bitcoin is still very young and takes a long time to become a mature currency. Volatility is also an issue that is always lifted by the media to frighten people to not go into bitcoin however some people especially those who do trade think volatility is good because it can make them rich in a short time, so is it prevent adoption? I'm not sure.

Price volatility has plagued Bitcoin from nearly the beginning. With what we have learned over the better part of a decade, why have cryptocurrencies still not solved this problem of fluctuating prices?

Human nature gets in the way, as it tends to do. It is difficult to stabilize prices in a world where people would rather play the market and get instant gratification by re-selling their coins for as high a price as possible. Without careful planning from the very onset of a cryptocurrency’s existence, it’s hard to recover from the effects of speculation.

In my opinion, If bitcoin price become stable compare with USD, thats means bitcoin should be controlled by any institution and thats mean USD should reducing supply. From what i can see, bitcoin have limited supply and price always depending on market partipation and not by regulator.

For sure it will prevent adoption as a currency but in my mind Bitcoin already fails as a currency so I don't really view this as a problem.  I'd say BTC could realistically reach 100k in value with its ONLY use cases being a liaison between USD and altcoins and being a store of value.  Bitcoin trying to be currency is in my opinion,  just set it up for failure. With decentralization, you're gonna have to give up something, better to be best at your best skills over being mediocre at everything.

No. Volatility is normal for young markets. ICOs that scam MILLIONS OF DOLLARS will prevent adaption. Take my word for that.

I think bitcoin's volatility is really a big factor not to make it as a national currency.But in my own opinion,i never dreamed of making it as a national currency because for sure lot of higher people in the institutions will develop their own greediness for bitcoin.Honestly,with bitcoin's current position,its already been greatly benefited by the people and i think in the coming years ahead,it will be more profitable by the people.So much contented for bitcoin's performance today.

Perhaps, bitcoin volatility will matter the adoption of BTC but in minimal way. But as long as Microsoft is still accepting it, there always be a bitcoin to exist even until the next generation.

It does. However, volatility attracts a certain crowd itself. It attracts people just looking for a quick profit.

Who knows if it will ever go to mass adoption. The community is growing slow compared to any other break through technology, so one might argue that if it is truly needed, why is the adoption so slow? I think the answer is, since it has something to do with money, people are skeptical about the underlying technology. Thus they refuse to adopt it. 

Im not sure if inflation could solve the problem. Especially since there's no clear way to do it. Maybe we could just give up that btc would be an everyday currency. It could still reach mass adoption as "digital" gold.

Yes,the volatility restricts the bitcoin to be used as a currency so it maybe the reason for not accepted as a direct mode of payment in many places.But this also the reason why it is well developed as a means of investment among the people so the volatility of the bitcoin stops as using as currrency but it the main reason more people buying it to make some quick money.

Depsite the fact that the volatility itself could be taken advantages of or even could make us earning money in an easy way but it's still prevent the adoption as what bitcoin initially aimed to be, as the means of spending to replace the current traditional paper money and revolutionize the whole economic system into a better ones.

Acctually, volatility happen on fiat money too. The different thing is fiat money fluctuation can controlled by central banks and bitcoin fluctuation no one can control because using decentralize system. Indeed bitcoin is young currency and its takes time to make people knowing more about bitcoin as currency

The bolded part is spot on and that is what people are not realizing but at the same time the regulation boost the confidence of people in fiat for them to use as medium of exchange the moment that is being eroded, there is nothing to be done again. In the case of bitcoin, both period of volatility and stability have their own advantage and disadvantages what matters are the players in the market. For me, I would prefer this moment of volatility than a stable period because while the risk is high, so also the opportunity to make profit is also high and I am ready to take it.

However, the accumulation of all of those who are enjoying this period is not compared to the players that would come in when the volatility is not there any longer because multinationals with huge funds can then come in. Imagine Bill Gates being rich into bitcoin, now lets compare it with Microsoft coming into bitcoin itself because of trust. Its then safe to say we should pursue the happiness of many as against the few that we have now and yes volatility is stopping adoption.

Now that you have mentioned about scam ICOs, the digital market is a good platform for scammers. There have already been such projects that were just scam. Many crypto coins were just a trap for attracting innocent people to make investment like the Centra. That is why I recommend any newcomer to stick with the old coins like bitcoin and Ethereum which are trusted by all.

This is a simple way to explain to people and thats the way bitcoin is designed to operate because nobody control its mode. This is one reason it is going to be difficult to adopt too.

Indeed, when the risk more high, there is big opportunity behind that risk. In volatile market, high risk always happen and what we should do is minimizing that risk and thats why many peoples call high risk high yield.

What you said is so true. Bitcoin can not be usable in other transactions like for instance as you stated. Therefore its volatility prevents mass adoption. There are some advantages and disadvantages as to bitcoin's characteristics.

The volatility made people think that bitcoin is not worthy to invest with since it can cause a massive loss to them. But if people try to reach some knowledge and let theirselves learn on how to defy and earn with volatility then maybe a great adoption will came but for now massive adoption will just a myth since for new guys hard to find bitcoins are legit one for their investment.

Yes volatile nature of bitcoin has prevented it from being adopted in mainstream.It is due to its volatile nature that many companies have not adopted it as a payment option.Also some countries which are bitcoin friendly too are restricted from adopting bitcoin because of its high volatile nature.

To some extent volatility of bitcoin is preventing its adoption on mass scale as people fear of losing thier money when market is bearish and huge crash take place and they suffer losses.But if more people will adopt it then volatility will reduce to some point as supply will run short or when supply is over the demand will be less and prices will fluctuate less.But at current many investors want to invest in it but fear only its volatile nature.

Bitcoin can move along despite the volatility and deflation being solved by stability. Only traders and investors are taking advantage of bitcoin's volatility and market manipulation is the norm in the crypto community. If bitcoin will be stabilized, it will have a high chance of getting used as a trusted medium of exchange and in a result, the demand will increase so the deflation will be solved along the way.

I think yes. People are not able to use bitcoin because of the fear that their coin might cost something more than it costs now. For people to use bitcoin as a currency, it pays to know that when you buy a $10 pizza, your pizza will still be worth $10 in the next few hours, days, weeks or even month. If fluctuations becomes rampant then adoption would be very difficult.

Bitcoin as a currency , Bitcoin as a digital asset , Bitcoin as a financial breakthrough etc , it's never enough for those people who looking for something simple , not a complex one like Bitcoin. We need a lot of time indeed to eliminate traditional thinker like that and start the real Bitcoin adoption for the better future. I still optimistic that time would come. Where volatile won't be a big deal anymore.

This attribute of bitcoin make it different from any other product and payment method I've ever encounter its like mode of a girl that changes everytime depending on how you threat them.
This make Bitcoin unique as well.

But I think the is only going to prevent the adoption of bitcoin as a currency, but it's not going to stop the adoption of bitcoin itself, after all there will be many traders that will like to invest in bitcoin so they can benefit from the big movements in the market, so I expect that the volatility will change, sometimes it will be high, sometimes will be lower but at some point after enough money has been invested in bitcoin the volatility is going to subside a little bit and it will allow to us to use it as a currency again.

The volatility of bitcoin, of course, greatly affects its legalization by various states. States do not want to have a means of payment of high cost, the price of which will be constantly and significantly changed. It also discourages organizations that are going to use bitcoin as a means of payment, and even citizens. I think that bitcoin will have high volatility always. Decentralized nature and lack of security will always make bitcoin not stable.

Yes! This issue is mostly in the case of large corporations as even a 1% fall during the transaction might cause them the loss of millions of dollars if they are adopting Bitcoin for their regular transactions. However, volatility must diminish over the time to expand the user base and attracting the institutions who are willing to try crypto for their financial transactions. However, I am optimistic that we will soon see a reduction in the price volatility and it will attract new potential users.

If bitcoin is to be adopted in any establishment as a form of currency or payment system, it has to be stable. Surely nobody wants to send money or earn money where the value increases or decreases in just a matter of hours. If it is increased upon receiving then it is good but what if it is decreased? Would you be happy to receive your money with only half of its value remaining? Certainly not. This makes volatility a problem.

I think this is actually what attracts new people to crypto, they come for this volatility, with a goal of making money using this volatility. I understand your point but I can't say something about that as I think bitcoin is much different than other examples of store of values

I think not, Bitcoin is very small currency right now with market cap around 160 mld $, so Bitcoin have large volatility because of that. But more and more people like this nature of Bitcoin and love positive trend that Bitcoin have, so they joining in this market because of large volatility and hope for selling with higher price in future. Cryptocurrency markets are like boats: the bigger the boat, the bigger the wave you need to move it. So when people buys Bitcoin they make it less volatile.

This is already happening. We saw that exactly from the moment when bitcoin in December last year grew in price to twenty thousand dollars and clearly showed itself as a financial bubble, the Indian government began to warn its citizens about the danger of investing in bitcoin and the risks associated with crypto currency. After that, the Reserve Bank of India recommended that other banks stop providing services in the Crypto-currency. I think that this would not have been, had it not been for the sharp increase in the cost of bitcoin in December of last year. This will greatly complicate the process of legalization of the crypto currency by other states this year.

The truth is that a relatively small and stable inflation rate is pro-business really. The consequences of deflation, however small it might be, are by far more dangerous and detrimental to an economy. That's the primary reason why governments adhere to controlled-inflation economic policies. Other than that, the volatility of Bitcoin can be effectively hedged via market means, so it is not the culprit here (one of). Lack of demand for crypto as a means of payment is the first and foremost one


If there were such demand, prices would enter a self-sustaining stabilization loop. Otherwise, it is a vicious circle, and it could be said that the lack of adoption leads to high volatility, though the opposite is also true (that's why it is a vicious circle)

Thats right votality is a part of bitcoins platforms,if there will be no votality there will never be inflation and cryptocurrency will as good as fiat currencies..Votality might cause fears when bitcoins price falls but the near fact that we can profit when value fluctuates this would be the good effect of cryptocurrency in its investor and holders.

Then you should keep fiat currency because it will not change so easily and you're on the wrong side of the investment. Because people are investing money in cryptos because it can move in either direction fast so they have a chance of making profit more here compared to stable fiat currency. Bitcoin is not just a currency but it is an investment and we all want that investment to grow bigger as soon as possible and if bitcoin is stable than you can't expect prices to go high quickly.

The problem is, as I never forget to repeat, a good currency doesn't make a good investment. These states are mutually exclusive to a great extent, at least as long as we speak of good currencies and good investments. A good currency should be stable (give or take a few percentages of usual volatility) while a good investment should be rising in the long run or, if we talk about purely speculative assets like Bitcoin, it should be volatile enough to be interesting to speculators and their likes

Neither of the latter is good for a currency, but the lack of either makes it a poor investment (speculative) vehicle

But the fact that this high volatility is what hinders the adoption. Government doesn't want to have a mass adoption because they don't want people to invest in a risky thing because in the end they might be the one to blame if they'll acknowledge it.

Though for me even our government won't accept this it's still fine with me as long as we can trade freely there's no issue needed to consider.

Yes, that could be the main reason why bitcoin will not go mass adoption as currency. Although the volatility helps bitcoin to be popular and make a history about crypto currency and now people will use this as a digital assets as the price could rise up to a remarkable profits.

Generally, most of the people hate volatility especially because it is one of the struggles of Bitcoin as a digital currency. Volatility is the number one reason why some businesses and companies doesn't want to asccept Bitcoin as a payment option because its value will be different even after minutes of you making the payment. For me, I agree with that but you have to look at the other side of the story, yes volatility maybe a reason why most people are hesitant in using Bitcoin but we cannot deny the fact that due to its volatile nature, that is why some people are rich here, volatility can multiply your money's worth so it goes two ways, it is a dual edge sword, its up to you how are you going to look at things and make it work for you.

Hardly anything can be further from truth than that, though this thought is somehow prevailing in the forum, i.e. businesses choose to stay away from accepting crypto because of its extreme volatility. It is a technical issue in itself which is effectively solved by payment processors. Strictly speaking, businesses don't even touch bitcoins or other cryptocurrencies (unless they deliberately choose so), it is these payment processors that accept cryptopayments and deal with volatility through a number of hedging strategies and instruments. As I have already said, it is lack of demand for crypto as a payment method which is the primary reason why virtually no one accepts crypto nowadays. Really, why would anyone want to brush off their clients just because they want to pay with Bitcoin while still accepting dollars or whatever fiat currency merchants price their goods in?

To sum it up, don't confuse cause and effect

It is somewhat true, but the people who have enough guts do not mind entering this volatile market. How does it even matter if there is volatility as long as you're making enough profit?
No one comes here for long term, people usually invest and exist within a month. That's what makes this market so attractive and you find people from all around the world investing here. So even though a small percentage of people might never enter the forum because of volatility, majority of them would keep coming back to make easy money.

I think you have a point. It is so hard to all companies that they giving salary in bitcoin mode because it's absolutely btc has no stable value. However, in a long run, I think it is possible that the peoples salary still can be fiat currency therefore the company will do pay the exact value and payment to their employees. So it could be less hassle and less stress when it comes in payroll day. We can also do massive adoption except to payroll system.

having salary paid in bitcoin is only good for those who, well, wants to make additional money by risking it. the volatility bitcoin is indeed what holding the bitcoin adoption, just like when steam decide to delete bitcoin as one of their payment method after the volatility going crazy and the fee peaking.
However, people nowadays are fine with the volatility of bitcoin, they only consider bitcoin as a trading tool, not a currency, that's what make bitcoin will always stay volatile until people change their mind.

Yes, it might true that Bitcoin volatility prevent adoption, but volatility is a built-in tool of Bitcoin. It's not gone this far of existence and popularity without the presence of volatile. For me I love volatility because it makes Bitcoin as the number one crypto.

bitcoin being use as currency by the masses is far from reality because of the volatility that prevents mass adoptions woldwide and the limitations when it comes to technology since some places in the world has limited access or no access at all to internet so they cannot use cryptocurrency. So, in my opinion  bitcoin can be adopted but not a mass adoption because volatility is preventing it.

The volatility of bitcoin has prevented a massive global adoption, but volatility has also allowed bitcoin to have its own unique market, so volatility is a double-edged sword.

True, which is why bitcoin right now is a great investment but a terrible currency no one wants to spend his bitcoin in a product or service because they are afraid that if they do and the price skyrockets then they're going to miss and those profits, this is why many people use bitcoin mostly as an investment by holding for the long term rather than a currency that mostly time is used in a very short frame.

It is true that the bitcoin volatility has a negative impact but when we talk about the unpredictable price of bitcoin i think that we can't aspect to be 100 or 1000$, so i believe that when you measure everything in one coin than it doesn't mater the volatility, not as much as some believe. In conclusion the volatility it not the cause but an excuse in the bitcoin adoption.

So far bitcoin is well adopted or at least the most adopted coin despite all the fluctuations it had experienced since its introduction. Therefore it looks like volatility is not a problem to prevent people from using bitcoin and as a payment option the high fluctuation does not play much a role. If I remember correctly, the basic idea of bitcoin was to use it as an anonymous and decentralized payment system and not as a value storage. So if you use it as a value storage you can win and you can lose. The early adopters won a lot whereas the late investors lost a significant amount. But that is the risk of investments and has nothing to do with the payment function.

The volatility of bitcoin is in a way preventing adoption, many people do not want to put their money in bitcoin just to realize that a day later its value in fiat has gone down, I remember that the very first time that I bought bitcoin that happened to me and I was nervous because I actually bought that bitcoin to use it as a currency so I needed to wait a few days for the price to recover before I could use it.

It's important to understand that the short term market isn't something worthy of your confidence. If you plan to use it as currency, then you should spend your coins as soon as possible after you having bought them.

Even if you buy them in a more stable market, it doesn't really mean much with how the sentiment can change in a matter of minutes based on a dump or certain announcement. It's too speculative.

That being said, due to its speculative nature people are more interested in trading Bitcoin than actually using it as currency, so the adoption won't experience any obstacles due to the volatility, people absolutely love it.

That makes no economic sense

Really, why would you want to buy coins if you want to spend them right away when you can just spend whatever you buy them with directly (dollars, euro, etc)? It could make some sense if you wanted to boost adoption even if that meant losing on trading fees and spreads, but this is definitely not what most people here are looking for (or if you earned these coins somehow). That said, people buy coins as a store of value (kind of) or a vehicle for speculation so that they can sell them later at a massive profit (as they think) and buy something grand like a yacht or an isle

This is what prevents bitcoin from being adopted, along with high transaction fees and slow confirmation times. Volatility is an advantage to some users of BTC such as for traders but it can be said that it is a hindrance for adoption.

Well I think this is a chain. Like people want big profits and big profits come from bitcoins only when prices ranges differently. Whenever people buy at low and sell at high, only then they could be able to earn money. So this low and high will just happen when bitcoins would be volatile.

If they are stuck to one price and don’t come up and down, people wouldn’t be earning enough from them and ultimately popularity just would be faded out.

macroeconomic understanding of Bitcoin behavior combined with price stability that will determine prices accurately after the market recognizes Bitcoin as an asset.

Decentralization has a greater effect of the bitcoin's volatility it also creates uneven distribution and imbalance to the bitcoin ecosystem. To solve this volatility, mass adoption should be takes first place before establishing the right price. We need to saturate the market demand to prevent influxes of prices. Saturation generates slow price movement thus volatility is minimised.

No one will need bitcoin without volatility. Because it's all used as a speculative tool.

People are fearing to buy bitcoin, becouse they think that it will again lost its positions in price, and they would lost their money on it.

Bitcoin is still very young and takes a long time to become a mature currency. Volatility is also an issue that is always lifted by the media to frighten people to not go into bitcoin however some people especially those who do trade think volatility is good.

Volatility is not obstacle for adoption of Bitcoin but it is the issue for Bitcoin to become mainstream currency.
But to be completely honest volatility is also something that made Bitcoin popular and something that traders live from.
Still I don't think that Bitcoin needs to become mainstream and that volatility needs to be something that can block Bitcoin from further development. Volatility is something that is natural characteristic of Bitcoin and we have to accept it.

I agree with you both but isnt it what makes bitcoin special and the most valuable coin today? Volatility is needed for bitcoin to grow, it is like Gold, since not everybody can afford it, that what makes it more expensive, a good criteria for traders and users, if the price of bitcoin will be stable, then it will not reach its present value and the leading crypto in the market today. 

I strongly agree! Bitcoin is volatile by nature and we must enfold that reality. It's not the first time it becomes volatile. Factors affecting bitcoin would be the supply and demand or bad press. What we need is to fully understand of how Bitcoin functions, study its significance and learn to keep calm. Bitcoin is still young, not all people recognized it for now, and I don't think its volatility hinders from adoption. We have to realize that it takes time before we can influence and convince others. Bitcoin is here to stay and although its price may fluctuate, let's remember that there's is still hope that adoption will increase, this trend will change and the volatility will decrease in the long run.

You have point there if price of bitcoin will keep on rise and fall, then everyone will be able to buy and hold bitcoin, I personally wait for bitcoin to get down so I will buy, this way million of people waits for that day when price of bitcoin will be down and they will be able to buy it, I like bitcoin as most volatile currency as it gives opportunity to rich and poor at the same time to buy and store bitcoin, it attracts investors to invest as much as they can.

Right.We can't change its volatility character since it's there from the birth of bitcoin.Besides,volatility is the main reason why people in bitcoin community have become rich already.It's the thing that made them thrilled every minute.So i guess nothing's wrong with volatility,it may drop the price suddenly but i'm sure it will not stay longer in that low price.

Well, sometimes i am a little scared about putting money into bitcoin because of the volatility, but it is true that in most cases we all are gonna earn money out of it.

That is why i think that volatility is a key into it, i like bitcoin, with all it's features.

At first with things unregulated maybe but eventually the price will not be as volatile. Especially with companies like this one https://bitcointalk.org/index.php?topic=3085831.0  who is going to probably lessen volatility with the first arbitrage exchange. The more trading that happens bw price differences in exchanges the less of a price volatility for the market which will actually welcome more ppl into crypto with a more controlled and attractive level of volatility. At least that's the aim, check it out.

If i were a business man, why would i adopt Bitcoin as a currency to my customers if the price of Bitcoin itself is not stable? I would much rather choose fiat, which has a set value and the dips and rises are inconsequential. But u believe that after peopke realize that we need to hold on to our Bitcoin and not just sell at the first sign of a dip then we could see a more stable coin for us to use the future.

It depends from person to person for a guy who needs quick profit volatility is great for him in order to make a quick profit if he knows what he's doing depending on the current market.
Whereas for a person who wants to invest in technology and wants to use bitcoin without any ups and down then it will be hard for him to adopt bitcoin for very long.

I agree fellow. Bitcoin's nature which is the volatility of its price is the one making it usable. People can invest bitcoin because of its volatility. So if it will be just like the fiat currency we can still invest them but the assurance as to its high profit is of low probability.

I do not think it will change anything even vice versa when bitcoin volatility goes up there will be more countries that want to adopt bitcoin for the benefit of their own country.

The volatility of bitcoin is the charm that bring more and more people in the cryptocurrency market, so i believe the volatility is a positive thing.

I do not think that volatility can prevent the BTC adoption. When a guy understands that he can make money on it, he will definitely invest in Bitcoin.

Bitcoin is introduced as a payment system while we are taking it as investment. That's why price is highly votalile.
So, if Bitcoin ever be used as a payment system, it will be stable and many people will adopt it.

Adoption and investment are two different things.
Lot of people may invest for having profit but as long as we are not willing to buy/sell goods with bitcoin, it will not be adoption.

I do not think that even when some countries legalize bitcoin then adoption will be possible and why to get the government to benefit from people using bitcoin.

You know what I find very interesting? It's how people look at Bitcoin and its volatility. One day people put the blame on the volatility for not allowing Bitcoin to be used as currency, and the next day they praise the volatility because it attracts liquidity. In both cases there are pros and cons that you can point out, but in all cases the cons never outweigh the pros. People are acting like a hypocrite when they blame the volatility, because even if the volatility wouldn't be as severe, the incentive to use Bitcoin as currency still isn't there. In other words, with or without volatility, people won't be spending their coins, which all comes down to Bitcoin's long term potential. You don't spend $1000 worth of Bitcoin today when you know that next month or next year your coins are worth way more....

True, if outside audiences know Bitcoin can be used to invest or save, I think they will enthusiastic to learn and start investing in Bitcoin.

Let’s just see it this way that it is an investment at the moment but will become a medium of exchange someday. The reason is its volatility. People think that it can be a hindrance for a large scale adoption but this is the sole reason why many big whales embraced this currency. Definitely, earning ample profits is far better than enjoying a new payment way. Besides, if not now then someday, BTC will be just a currency.