Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.
That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.
In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices
Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.
I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only
As long as there is no problem associated with the bitcoin itself, more and more business will use the bitcoin.
There might not be true. Other coins are developing fast, for example, the Ethereum can do smart contract and trasnaciton is very fast. If the bitcoin does not catch up, it will not be used.
That is my concern as well. For the time being, I have some investment in digital coin, mostly in Bitcoin. I might have to divest.
