Hey guys! Just want to double check if speculation and volatility is a problem for bitcoin?
Bitcoin is traded on totally free market, and some people believe that it's the only way to determine the true value of something and that speculation and volatility are not inherently bad things. And on the contrary, regulated markets don't reflect true value of something, which eventually leads to a crisis. Also, volatility works both ways - sometimes you receive even more than was inteded, or spend less than later. And people receive Bitcoin are more likely to believe in it and hodl, which might pay off with a huge profit.