Bitcoin Forum

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.

From the creation of bitcoin till date, the merits are far higher than demerits, because of the potential that bitcoin has. It solved the problem of double spending. Bitcoin is decentralized and censorship resistance which is a big advantage. Volatility is bringing more benefits for long term investors because bitcoin is a long-term store of value. Traders gnash their teeths because volatility a big disadvantage to them in the long run.

Bitcoin volatility is not new. It will continue to draw the attention of newbies and those who see Bitcoin as a get-rich-quick rich. Experienced or knowledgeable investors and traders are aware that the price of Bitcoin will always rise and drop, so they don't panic when it happens. Historically, Bitcoin has been less volatile in the present bull season.

A volatile market gives investors the opportunity to buy discounted Bitcoin and make a profit when they sell later in the future when the price rises. The demerit of volatility is that it discourages people from using Bitcoin as a currency and as a safe-haven asset.      

Looking at it in the short term Yes it does but in the long run No and that is why traders are the most risky in the bitcoin market because they buys and sells at every short times while investors curbs the risk of lost by holding for the long term to give the market uncertainty much to and until then the price is up positively impacting their portfolio and shades profits, there is no other option than to keep holding and until then, the timing prospects for bitcoin investment will be unpredictable while long term goal is the keyword to be successful.


If bitcoin becomes less volatile, it will be more appreciated in the aspect of regular use for payments like the fiats which in time will encourage more adoption.

To traders and investors, it is something to leverage.

There is still usage currently, but not as a currency for most. We will possibly find out in time as Bitcoin grows, with its volatility reducing; it will mature and unlock another usage as a common currency for transactions in even offline spaces.

IMO Bitcoin has a larger potential for growth if its volatility continues to lower, and it is actually lowering as I wrote many times, e.g. in this thread (https://bitcointalk.org/index.php?topic=5513345.0).

This statement may sound like a contradiction, because of course volatility to the upside benefits the investors. But the problem is that an asset that stays volatile forever will always have massive profit taking cycles, as nobody wants to fall the falling knife and hodling can only be afforded by those who have excess money to spend.That could lead into investor exhaustion: some of those who invested in the "wrong moment" simply may not want to deal with the risk anymore and leave it forever.

That's a phenomenon we can see almost in all altcoins, they are more volatile than Bitcoin and thus they should be interesting for investors, right? But in the long term they are losing market share, because people prefer a slightly less volatile, but a bit more predictable asset like Bitcoin.

Is there any asset that has no volatility? Even the world favourite gold do goes up and down in value, also stocks too, it will be boring if Bitcoin has no volatility, remember that downtrend actions creates buying opportunities and uptrend price action creates profit taking opportunities, I wonder what it will be like if these two doesn't exists with Bitcoin, it will definitely be boring. New buyers have the opportunity to accumulate when price is down, Nakamoto is a legend, it's a well crafted idea.

The yearly volatility still remains under 20% - daily volatility might vary a lot.

For people who are selling goods for bitcoin, the number of such users still being very low, the problem is not that big. A 20$ article will cost almost the same even when the price of bitcoin drops by 1%. Otherwise adjustments can be done, still it is not that common and hence such adjustments are not seen yet being done by merchants.

For traders this is a time to buy/sell depending on the type of movement. But of course big capital should not be invested on during short term movements.

Do you think that bitcoin would have been valued as much now if it wasn't volatile in the first place and not gaining attention from investors? I am not saying that bitcoin's only purpose comes from its volatility but I can confirm that it did definitely help bitcoin reach the point where it is now. Besides, how would its volatility even be prevented? We can think about its volatility as something unique to only cryptocurrencies. We can admit that volatility can serve both an advantage and a disadvantage sometimes.

I don't think Bitcoin's volatility is necessarily viewed in the right light by investors.  We are witnessing the death of fiat currency.  It is going to be a violent process with a lot of volatility and those involved are going to make and lose great fortunes as the world switches to a new reserve currency.  It has happened plenty of times in human history and it is never a clean process.  Don't expect it to be a clean process this time either.  Superpowers don't give up their superpower easily and being able to print as much money as you want without real consequence is a superpower.

Bitcoin market is there for everyone and if anyone can understand about the market, they can join it intelligently in order to get good profit. Bitcoin market is not different than other markets as it is a zero sum game that means in a same market, which is volatile or high volatile, there are people who lose money while there are the others who get good profit.

It explains how Bitcoin is good merit for some people and demerit for the others. Losers are more than winners so there are more people who see Bitcoin as demerit as they lose money in this market.

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. :)

Not sure why you're still want to discuss about this topic when there were many thread talks about this:

1. Bitcoin Volatility: More of an Advantage Than Disadvantage (https://bitcointalk.org/index.php?topic=5549259.0)
2. What are some Disadvantages Of Investing In Bitcoin (https://bitcointalk.org/index.php?topic=5532607.0)
3. Seeing BTC volatility as a flaw, the newbies opium (https://bitcointalk.org/index.php?topic=5535466.0)
4. Disadvantages of bitcoins (https://bitcointalk.org/index.php?topic=5498727.0)
5. What are some disadvantages of BTC? (https://bitcointalk.org/index.php?topic=2223603.0)

I would say if there was no volatility in Bitcoin, the system won't survive because miners might quit in 2014 because it's no longer profitable, in 2014 Bitcoin circulation already reach 13 Million.

The demerit of Bitcoin can be solved by those that had had experience in the Bitcoin price pattern, those who has studied the network congestive nature to avoid spending higher fees and many more, sending Bitcoin to a wrong address, exposure to fraudulent attacks. All these are the demerit factors that newbies falls victim of.

I'd say it's more of a disadvantage and lower volatility would probably increase the number of use cases for bitcoin, especially as a means of exchange.

Volatility is good for traders, but bed for everyone else.
Even in the most traditional sense less volatile assets are called more mature because they have greater market depth, which means more users. It's more difficult to cause panic among a million users than a thousand, right? So mature assets are also less prone to FUD and manipulation.

That said, we have to live with volatility because there's not much that can be done about it, but it's been getting lower and lower. Just look at the corrections in the 2017 bull market. We were seeing 30%+ drops every month. Now you maybe se it once per 6 months. Last time a similar event was in March and before that in August 2024.

BTC price will always be volatile, it is never going to be a stablecoin and have a stable price. The question is the level of volatility and how often it experiences spontaneous crash in price, that now happens less frequently, so volatility levels can be said to be reducing.

I don't see volatility to be a negative thing, it has not hindered the growth and adoption of BTC. Volatility would obviously be a problem for merchants who want to accept BTC, and they would probably need a payment processor, but volatility is not a problem for the average investor who wants to hold their coins to avoid inflation or an employee who wants to save for retirement in BTC.

It is a natural thing for an asset that is so new and its price is still being determined. It is neither a very bad or very good thing, it is something that must happen. It is simply not avoidable except in situations where there is complete price control, which itself would be a very bad thing.

Stablecoins are also volatile so this comparison does not stand. 1 BTC is always 1 BTC, 1 USDT is always 1 USDT but both its values fluctuate.

Well, it is disadvantageous because that is one thing that is reducing bitcoin's potential of being used as an everyday means of payment.

Apart from this, investors and traders love it. You buy when the price is low and sell when the price is high, giving you the opportunity to create wealth for yourself.

Volatility is part of bitcoin and we can't take that part away from it. Focus on how you can use that Volatility to your advantage like everyone else is doing. If you focus on the disadvantage, you might not appreciate this beautiful asset.

No, I don't think a less volatile nature for Bitcoin or any cryptocurrency would draw more usage or attention. The reason why Bitcoin is worth more than $114k today, and had an all-time high value of $123k is because it's volatile, if it was less volatile, it would have a lower value, and if it had a lower value, it would have a lower adoption, and then the supply and demand mechanism wouldn't work the way it does at the moment. We know the reason why Bitcoin and cryptocurrencies are volatile, it's their supply.

Those who like making money from Bitcoin and cryptocurrencies would or should never say that their volatility has demerits because it's the volatility that's making them money, and they wouldn't be so interested into them if they weren't volatile, and when there is volatility, there will be both positive and negative volatility, and we will have to accept both.

Least you know, it's the volatility that gives meaning to the coin and why investors sees a need to invest their funds. How do you intend to make profit from bitcoin being a cryptocurrency without volatility?  With the volatility we're provided with couples of opportunities to buy at a good price when it dips, especially for the traders, and if you're a long term investor you have nothing to worry about bitcoin volatility. There's nothing such as demerit outweighing the merit and viz versa.

If we consider bitcoin as a commodity, which it is de facto (now de jure, since all cryptocurrencies are recognized as commodities according to Trump's decree), then volatility is a merit. If we consider bitcoin as a form of money, then volatility makes settlement operations somewhat difficult. In particular, this was one of the reasons for the appearance of stablecoins. Other reasons were the needs of exchange trading, and the need to preserve value (in cryptocurrency form) during bearish cycles.

Volatility is a characteristic of Bitcoin and also offers the best opportunity for profit. This is exploited by traders and long-term investors because it offers the potential for greater profits if you can buy at the right time, buying when the price drops and selling when the price rises. Volatility can also lead to greater losses in a shorter period of time due to its unpredictable nature and inherent risks. Therefore, the best and safest option is to hold Bitcoin for the long term, which will always yield significantly greater profits. You can also take advantage of any dips to continue buying and holding for the long term to achieve greater profits in the future. Thus, volatility can be positive and profitable if managed correctly and effectively, and vice versa.

With time, it won't affect BTC that much, even less than it does now, and even more so from the days we already saw.

The turn is now on those to implement the wider adoption for BTC to become that good alternative for fiat money and to be used in that way..

The volatility of Bitcoin is neither a merit nor demerit because that is the very nature of every asset that is experiencing huge demand and supply. I don't even know why this is becoming a topic of discussion because it is an inherent property of Bitcoin. Every asset that is driven by the forces of demand and supply will always experience volatility. Take for instance gold and oil, they are both subjected to demand and supply hence they will experience volatility. This means that volatility is not limited to Bitcoin neither can it be used as advantage or disadvantage for Bitcoin.

You can answer the question yourself, just go and check the bitcoin price since chart 2010, that is enough to answer your question.

Not only that, you can also check the first 10 assets of the world in market value. That is also enough to answer your question that bitcoin volatility helped.

But what that helped is bitcoin limited supply and increasing demand.

It's a double-edged sword and we shouldn't consider volatility as something completely white or black, more like a gray area, imo, for everybody.

I do not see your post to be necessary at all.

I explained how it is not only about volatility but also how limited bitcoin supply and increasing demand helped. So what are you trying to point out?

Read what people read very well and not just quote someone and post something out of sense.

In that case, is the overall market value built more through broader adoption or because the volatility is such a big factor?

It becomes less and less relevant with each cycle going forward, because we don't see BTC drop or rise sharply (like it was before, that is).

Volatility is just the aftermath of being on the market at all..

Bitcoin is a volatile currency. This is a merit for Bitcoin. Because if it were not volatile, then short-term or long-term investments could not be generated from it. If its price was stable, maybe Bitcoin would not have reached this level today. Why would you buy Bitcoin if you cannot generate profit from it where it is completely decentralized and no one has actually seen who its creator is yet. It is volatile and since Bitcoin came to the market, its price has been increasing in every four-year circle and creating new ATHs, on the other hand, it is going down again and the price is recovering and creating new ATHs. When this circle continues, curiosity about Bitcoin arises among everyone. And from there, Bitcoin is becoming very popular day by day, so I would say that Bitcoin's volatility is definitely a merit.

You would buy and use BTC for its principles and ideals then, and security too: BTC is not only about the profit, though most see it only through these lenses.

BTC is an alternative to fiat after all, not just a coin to hodl, though it can be done and is a great way to invest, it doesn't push the adoption forward, which, in case, pushes the demand forward..

The volatility isn't even that huge, if compared to gold maybe it's more volatile but If I were to use bitcoin for transaction, the few minutes that I needed to send bitcoin won't make the value change that much, probably just pennies.

On the other hand. Without this volatility I doubt the market can become this lively with billions 24h traded every day. It's more of a merit than demerit in my opinion.

I think to some extent that this volatility is what make bitcoin it is today. The 7th highest asset in the world by market capitalization.

I think one of the major reasons why bitcoin has gained these much of popularity in this shortest prior as compared to other financial instruments is the volatile nature of the coin(my thoughts ) and though, its main purpose was to serve as a decentralized digital currency but at the moment, it’s volatile nature has made holders appreciate it more and prefer to use it as a store of value.
For traders, if bitcoin wasn’t volatile, bitcoin traders wouldn’t have what to trade, hence you would believe me that, the markets of the volatility of bitcoin greatly outweighs its demerits regardless.

In as much as people have seized some great opportunities from the volatility of the coin, that doesn’t change its original purpose, which is serving as an alternative currency to the traditional fiat.

At first, the volatile nature helped drew the attentions of investors, making demand outweighing supply and making the price of bitcoin skyrocket but now, I think the skyrocketed price is no longer pushing for adoption as people now think, the coin is too expensive to own(except for those who have the knowledge of DCA)

Bitcoin is a decentralized monetary protocol and money. Money has only three uses a medium of exchange, a store of value, and a unit of account. These are the only three uses of money, and Bitcoin can be used for all of them.However, many people do not understand Bitcoin and treat it as a speculative asset instead of a superior form of money suitable for long-term savings.
The advantage is that you can buy cheaply when many dumb investors are selling. It’s true that volatility scares many normies, but once they realize that Bitcoin only grows, and when it surpasses one million dollars, the volatility will decrease and more normies will start using Bitcoin.

Yeah, but Bitcoin is very different from those class assets, Bitcoin's volatility is not something that we have seen from those. And that's why it remain to be a hot topic as this is also one point that those against Bitcoin are pointing out.

But maybe in the near future is won't be as volatile as we have seen today. Perhaps when we reaches that almost all Bitcoin has been mined, it could be that the price could go a stable flatline as the 1% won't be mind for the next 100 years or so.

It’s a double-edged sword. Traders and speculators benefit from the constant price action, but for mass adoption (like payments or savings), volatility is a barrier. Less volatility would probably mean less hype short-term, but more institutional and everyday usage long-term

The volatility of Bitcoin is a good advantage for Bitcoin because the volatility is what makes it valuable; the volatility brings value. To some people, the volatility might have caused them to lose, but this is just because they don't understand Bitcoin very well. If the volatility of Bitcoin were otherwise, Bitcoin would be considered to be the same as fiat. Bitcoin has rich volatility that you can't even find in other assets.

Only those who don't understand Bitcoin will see volatility as a threat because they have a different understanding of Bitcoin volatility, and this is what causes them to lose.

But you can't deny that bitcoin's volatility is significantly greater than gold, oil, or any traditional asset. It can be said that no traditional asset is as volatile as bitcoin and that brings both advantages and disadvantages to bitcoin. Not everyone likes high volatility, roller coaster rides and that is one of the reasons why many investors are still hesitant and have not invested in bitcoin. Or as some have pointed out, with such high volatility, using bitcoin as a currency is very inconvenient and no one wants to use such a volatile currency.

It will change eventually to the times where BTC would be much more less volatile to be used such a currency, imo, it all comes to such a way of things, because demand for BTC rises, and so rises the power needed to turn its price somewhere.

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.

In my opinion, everything has its advantages and disadvantages, and each thing is unique in its own way. Interestingly,many people view Bitcoin's volatility as a risk. However, considering its consistent appreciation and all-time highs over the years,it's clear that this volatility hasn't deterred long-term investors.In fact, Bitcoin has proven to be a reliable store of value in the long run.While day traders who closely monitor price movements may see volatility as a risk,long-term investors tend to remain calm amidst price fluctuations.
Even traditional currencies,which are considered stable, can lose value due to their unlimited supply.Therefore, Bitcoin's volatility doesn't bother me,as I'm a long-term investor,not a day trader.

Re: The volatility of Bitcoin; A merit or Demerit?

If you can't handle the volatility then forget about bitcoin, just keep your money in a nice safe high-yield savings account.

People who ask such pointless questions are expecting to get high returns without any of the volatility.
But there is no such thing in life. These people are living in fantasyland not the real world.

If there was such a thing as high returns without a lot of volatility then everyone in the world would be a billionaire already.

If bitcoin gradually becomes more stable, it means that the profits from it will also decrease and become significantly smaller.

If bitcoin becomes less volatile, it will be able to attract many other large investors, who like stability but at the same time, those who like high volatility will no longer like it.

The blunt truth is that we like bitcoin not because of its decentralization, but because we like its volatility. Because it gives us more opportunities to earn more profit.

It's not inherently good or bad (a merit or Demerit). Perhaps in the long term, we could get into a debate about this, since when an asset's volatility decreases, it might make more rational sense at that time. Non-volatile assets are "boring" for investors.
 
The situation with Bitcoin is the sheer magnitude of its volatility. Currently, in the traditional market, an asset with 5% volatility is considered desirable, according to the spot market. Therefore, if an asset's volatility is disproportionately high, the question arises: Is this a merit or a demerit?

 :) you get the point!?

Many people would consider it a merit because they are traders, and volatility allows people to make money without having to wait for it. When something is volatile, it means we are going to see it be a lot better. That is why it's crazy easy that we are going to make money from all the ups and downs. Obviously long term holders like me do not like the volatility, because it is boring and doesn't give us the return that we want.

So, it is not really a clear answer for anyone, we do not have that type of same result for every person, some will say volatility is bad and some will say it's great and we will not really face with anything that is risky or changing at all. So we should focus on what we personally believe, and stick to that.

I agree. Bitcoin's volatility will certainly decrease in the future. By the way, I had this thought about it. Indeed, even now, the volatility of bitcoin is less than the volatility of exchange rates against the dollar for some currencies over the past year or two (offhand, for example, the Turkish lira), or at least at the same level. So in this sense, bitcoin has performed well.

As a trader, the volatility of Bitcoin is what I need to make money in the market. Either up or down, a skillful trader will always find a way of making money. Trust me, no trader likes a sleeping or dull market. You don't want to be in the market for longer than necessary just to watch paint dry because price is crawling. Trading thrives better in exciting market than one dominated by boredom.

As an investor, I won't get so much concerned with volatility because my eye is set on exit or TP (take profit). Whether price does it crawling there or it rushes to get there, what matters to an investor is where they've their target for exit set.

Nobody is skillfulin anything if they don't learn and practice so it's the same with trading. Traders must start as newbies in trading and in the volatile market but they must learn about trading, the market, and actually practice trading from demo trading to actual trading with their money. It requires considerable practice and decent time in order to become skillful and experienced in trading.

This means risk through practice, you can lose decent amount of trading capital and if newbie traders are not careful, they can lose all their fund in trading. If they fall into this terrible trading adventure, their life will be destroyed and that's bad ending.

I believe it's not that people don't understand, but they don't want to use bitcoin as a currency because it doesn't bring as much benefit as using bitcoin as a speculative asset. What good is a private, decentralized currency if we are not rich, do not have much money? Do you see any poor people who care about privacy and how does it benefit them? So there is nothing wrong with bitcoin becoming and being used as a speculative asset rather than a currency.


It is true that as bitcoin gets bigger, it will become more stable, but you need to know that if bitcoin reaches 1 million bitcoin transactions will become very expensive. So I don't think normies will use bitcoin as currency at that time.

When bitcoin hits 1 million, bitcoin will be reserved for the rich and used as a safe haven instead of a currency.

It seems to me that bitcoin is now used more as an investment than as a currency, since the possibility of convenient payment with bitcoin is not yet so widespread. But as an investment, it is a very good option, and its high volatility is a good opportunity for this.

Fluctuation of price of bitcoin is matter of great concern as it has impact on different individuals. These price movements will favour these traders since they afford them opportunities to reap profits. In long term there is fear in up and down as this is opportunity to purchase more Bitcoin at lesser price. But to individuals who wish to use Bitcoin as unit of shopping, fluctuation in price is huge burden since person would not like to spend money that would lose their value on next day. More stable price would probably mean more people using Bitcoin but its unpredictable price is what is so alluring and lucrative to those that are not afraid to take risks.

That's the ideal situation – learn and practise before venturing into something. Ironically, it's the other when it comes to trading according to perceived notion by some that trading is a shortcut to wealth. It's sad as many a trader just want to jump into trading without acquiring the set skills for it. Those who've that mindset of course get battered and disappointed after they suffer severe losses in torrents. Trading, like engineering, law, medicine, pharmacy, driving, journalism, just to mention but six, is a profession like many other that should be handled with seriousness and focus it demands.

Actually, the down fall of a man isn't the end of his life. Those who suffered losses as beginners still have opportunities of bouncing back if they're so determined. There's no profitable trader today who didn't pass through losses while starting off.

Volatility is a money printing machine, not a bug. The chop is farmed by the traders but the HODLers prevail as scarcity and adoption make chaos generate higher highs in the long term. The volatility of BTC is still hot but in decline as the asset continues to mature because less volatility gives feel more like digital gold. Use DCA & self-custody to weaponize the swings instead of being afraid of them. And Halvings are used to keep the supply crunch kosher, & the ensuing price lash is literally the price of future reward, and not a flaw, lmao.

Due to its volatile nature, people become curious about this thing. Their interest has brought Bitcoin to its popularity, and it has been talked about by influential people. I'd rather see Bitcoin remain as it was before and today, rather than pushing it to become less volatile.

Perhaps it was a unique feature that Bitcoin has, and this shouldn't be changed. Or else, that will push people to look for another. Of course, we can't deny the risk it has, but because of this volatile nature, it becomes valuable.

I think we have to accept what it truly is rather than changing it. We are the ones who make adjustments instead.

I see no demerit in Bitcoin volatility even to traders. Traders needs daily volatility to be able to trade and take profits. Bitcoin investors, investors who are following effective approach of holding for a long period do not bother about price volatility in a short time, they focus on long intervals of price volatility till it sums up to where they think is wise enough to take profits.

We can only see the merit side of volatility, Bitcoin holders prefer when the price in its volatile nature drops drastically creating an avenue for investors to buy in a lower price, the dip price you buy, the bigger profits when the market begins to make bullish moves.

Price drops and rises happen every now and then but the thing is that people are using it to trade more than spend. While shop owners dont really find much change, we have to see what the regular user finds troublesome.

To them the change in price means money making through trading. So they will not hate this.

So it depends on this perspective, how you are using bitcoin.

People can trade their bitcoins without on chain transactions as what they trade are only credited numbers in their accounts and on order books of centralized exchanges. Trades are only related to on-chain transactions if they do P2P trades which require on-chain transactions and confirmations from Bitcoin miners.

Fortunately, Bitcoin has many use cases and trading is one of its use cases so Bitcoin blockchain is secured by its high hashrate network and many people run Bitcoin full nodes, while demand of owning bitcoin increases over time and make new supply from Bitcoin block subsidy is no longer big enough to satisfy new demand. Therefore, new investors or just new buyers in this market have to wait for weak hands of current Bitcoin owners to buy discount bitcoins when market has dips or crashes.

Because you are just looking at the problem from the perspective of an investor with the goal of making big profits. But if you are looking for a payment method, currency, you will find that bitcoin's volatility is a barrier that prevents you from using it. Or if you are a big investor, your priority is safety and stability, not speculation for huge profits. You will also find that volatility is a disadvantage. That is also why, although bitcoin has become popular and many institutions are investing, there are still many large corporations and investors who are hesitant to invest in it.

In my mind I think that the volatility is way lower than what it used to be.

Sure, you will have changes in the price, but there's no way that BTC goes to, say, $100.

Bitcoin is now here forever, and that means that the longer it exists, the higher highs it will achieve.

Yes, the price will go up and down, but fundamentally it will continue to go up.

This volatility is what can potentially lead to maximum profits or significant losses, especially when it comes to short-term trading. Advantages and disadvantages are inseparable in the market, so those who are able to utilize them effectively will certainly reap commensurate profits. If it weren't as volatile as it is now, Bitcoin might be similar to gold, which tends to move more steadily in terms of price growth, so Bitcoin might not have reached its current price. People hope that a system that is different from what had existed before so that taking an approach to the risk aspect will provide benefits if it is run correctly.

Not only now, it has never been used as a currency in the past and will never be in the future. Not because it is not popular or because the government does not allow it, but because no one wants to use it as currency. If we're being honest, and between profit and privacy, I don't think many people would choose privacy. Most people will choose profit and that will always come first, so the prospect of bitcoin being used as a common currency will never happen.

Of course, volatility is an advantage when it comes to investing because it creates more opportunities for investors.

OP what you should know is that Volatility is actually a price control mechanism that corrects the price of Bitcoin so Volatility has more merits than the demerits that you are suggesting because history about the price of Bitcoin has shown that Bitcoin has bounced back stronger and better in terms of price which went down due to Volatility so what you should know is that Volatility as a nature of crypto currency is not actually bad but play a very key role in the long run by helping to stabilize the price of Bitcoin

Less volatility can reduce the usage of cryptocurrencies because traders and investors wants volatility to make profit if there will be less volatility, they will still trade it they are not going to stop trading because in the consolidation phase the volatility is lower then usual so bro even in that phase, traders are not leaving market and they are making profit.

But temporarily the trading activities reduce but not stop at all so if volatility decreases, the usage will decrease too for short time but with the market's movement traders will find more opportunities and who knows if higher stability could make them more profit in future only not in spot because in spot every trader would need more money.