Isn't speculation and volatility problem for cryptocurrency?

[Hazir]

Extreme volatility and speculative nature of the market is both problem and the greatest strength of bitcoin, or cryptocurrencies in general.
How do you think volatility and speculation is being dealt with in case of fiat? Of course, we have a central bank which is pulling the strings, controlling the money.
Fiat money is centrally steered, and for normal, everyday usage this is probably a good feature to have. But now imagine the value of your stashed fiat money after 20, 30, 40 years.
Not so fancy thought when your money will lose 30%, 30%, 40% purchasing power.

[1714848152]

1714848152

[1714848152]

1714848152

[1714848152]

1714848152

[1714848152]

1714848152

[x8currency]

There is a new token coming up that will tackle the issue of stability and provide a safe haven for the risk-averse through automatic diversification and AI trading. ICO is on September 14.
https://bitcointalk.org/index.php?topic=2114287.msg21143521#msg21143521
https://x8currency.com/
slack: https://x8currency.herokuapp.com/

[romero121]

There are people who have a negative thinking about the volatility and this being an speculative asset. Same time most of the users who have been making good earnings in term of bitcoin as well through other altcoins available were through the speculative approach and the price volatility happening in accordance to it. Based on this this isn't an issue for cryptocurrency.

[ewonardo]

Speculation and volatility precipitate formation prices, as well those bitcoin and altcoin. speculation is best part of trading to take return from volatility. Isn't a problem, because cryptocurrency has value that can be a comparison against other.

[iram1011]

Volatility keeps investors interested in cryptos. Volatility offers various points for investment and withdrawing. Speculation is something that keep currency running. Speculation is second most effective price driving force after of course supply and demand. It might not be healthy. But volatility and speculations go hand in hand and thus can't be avoided in decentralised market as that of cryptos.

[hatshepsut93]

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.

[ALT67890]

Hey guys! Just want to double check if speculation and volatility is a problem for bitcoin?

It might be a problem for traders but not to bitcoin popularity itself. It helps bitcoin where it stands right now. Public won't be aware if they see only stagnant price of bitcoin. The thrill and the risk making bitcoin more exciting to invest in.

[South Park]

Hey guys! Just want to double check if speculation and volatility is a problem for bitcoin?

It is a problem for business and people like that, but for traders bitcoin is a dream come true, they can make in bitcoin in a day what they could make in the stock market so I’m sure for the true trader bitcoin could not be any better, it has great volatility and yet it is a very liquid market.