Is Bitcoin Volatility A Bad Thing?

[BountyX]

Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 

Good and bad are just subjective categories. You can't compare Bitcoin to Amazon since the first is in theory a currency and the second is a corporation. IF you consider Bitcoin a currency, then volatility is worse than bad - it is mortal. If you consider Bitcoin a speculative asset, then volatility is good, since it allows the speculators on the right side of the trade to make more money.
You chose

[feverpitch]

I see that many of them don't hold bitcoin for a long time and throw it back at once. They try to justify themselves because they stopped supporting and investing now and hope to enter the market again when the situation stabilizes.

[Nikolya]

In the present period of development, the currency volatility is due to the lack of regulation and speculation of some traders. While without this in any way.

[feverpitch]

Volatility is perfect for speculators who buy at bottom price and sell when the value rises up. Don’t estimate volatility from such a new currency as btc.

[Sitipxz]

Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 

[snedyolo]

Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 

I'd consider it as a bad thing if the value doesn't get high, but in bitcoin's case, it's value goes really high that it makes any investment profitable. So for me, bitcoin's volatility is indeed a good opportunity for one to earn, if the volatility is used correctly. In addition, people shouldn't worry when the value is low because it will eventually get back up.

[vergel24official]

Volatility isn't a problem, it's a solution!   This is one trade you can execute without a broker, 1% fee, 24/7.  Currency trading using Bitcoin is so easy compared to Forex.   

This weekend Bitcoin tested and busted $460.00.   Using my USD wallet and my Bitcoin wallet, I just kept taking $5 and $10 profits.  Yes, with a Bitcoin Wallet and a USD wallet, you can trade for a 1% fee.  Just remember, sell into strength, buy into weakness.

[olumyd]

At this point, I would say 'volatility' is the market, without it, it would be hard for most people to trade efficiently and make the humungous ROI almost every day.

[Farvin2]

Not at all. For the experienced trader, volatility is heaven on earth. If Bitcoin is not volatile it would probably be worse because if Bitcoin were to keep a price level that would make investors feel worried about it.

[frankybutterin]

Bitcoin volatility is not a bad thing. If bitcoin has no volatility then no one will be interested in doing bitcoin trade. Nor will anyone invest in cryptocurrency if the value is stable. People invest because volatility brings good luck or loss.

[Blackhammer321]

With its volatility comes the risk. Some investors fall into this risk, they sell when it is falling in the fear of losing profit which in their case they already lost it. Some investors buy when the price is very high then falls down later on. If you know how to act in accordance to the behavior of the value and the market it is not a bad thing. The fluctuating value of bitcoin is because of some factors we don't see behind which is the bonds that is breaking between bitcoin and other marketing entities.

[Betwrong]

I don't think it's a bad thing. Afterall traders live from volatility and some have made a fortune on it. I think it's crucial to accept volatility as completely natural part of Bitcoin and the way how it's functioning. Don't expect that Bitcoin price will ever be stable.

Although I agree that the price of Bitcoin will not be stable in any foreseeable future, I think it may stabilize at some point, for example when it will be known to everyone, after many years of existence of BTC, that Bitcoin will never disappear (this will prevent falling) and that there will be not much of the new adopters(this will prevent rampant rising). Such stability may last for years, but like with gold, the price can't be stable forever. Even gold is volatile to some extent.

[Creepings]

Bitcoin volatility is not a bad thing. If bitcoin has no volatility then no one will be interested in doing bitcoin trade. Nor will anyone invest in cryptocurrency if the value is stable. People invest because volatility brings good luck or loss.

Bitcoin is not just great because of its volatility and being a decentralized digital currency. It is a great technology and it is the most first ever digital currency in a blockchain. Because of Bitcoin, a lot more crypto currency is being developed to help the developing world, Bitcoin's volatility is not that bad, it is just that users are taking advantage of it.

[Jazvebtc18]

For day traders and short-term investors, volatility presents an opportunity for making profits. By correctly predicting the short-term trends in Bitcoin, traders can make substantial profits; much more than investors who have a buy-and-hold strategy. Highly volatile markets also create demand for secondary derivative products like options.

As the cryptocurrency market develops, we could see increased trading of derivative products rather than actual trading of Bitcoin.

[stayeduptolate]

Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 

Volatility of bitcoin has developed due to the dearth of market knowledge amongst it's investors. People investing in bitcoin for a quick cash generally tend to get swayed by market emotions and overambitious claims by the champions of the crypto currency.
The complexity of Blockchain and the esoteric manner in which the currency operates makes it a tough study, this leads to people investing mostly on the basis of little know ledge and hearsay. As a result the market experiences intermittent patterns of sharp rise and fall, this leads to volatility.

[anntlevel]

Volatility is perfect for speculators who buy at bottom price and sell when the value rises up. Don’t estimate volatility from such a new currency as btc.

Definitely volatility is something that attracts all kind of investors because everyone wants to make money here and the best way is to buy low and sell it when the prices are touching the sky. This is not only the case in crypto currency rather in every market, this is the principle for making money. The volatile nature of the virtual currencies is their real charm, they are going to lose large number of supporters.

[sabarr]

I think volatility is not a bad thing because it's the character of the digital currency and maybe it's needed to get a profit because if the price is stable then bitcoin will not have many investors because they will not get a profit in there

[Escan0r]

For me no, volatility is not a bad thing because as we can see everytime that the price will going down this is actually our chance to buy bitcoin in a low price then the price will be higher again we just need to wait when its happen.

[TiffanyLien23]

Volatility effect of bitcoin is always been a part of it which plays a big role in gaining profit. Because of this, we have given a chances to earned more rather than of having a stable price. Fluctuation of bitcoin price will always occurs from time to time, and  we should take advantage on this. Because, the more prices swing the more chances we sell it for a high value.

[munareal]

Bitcoin volatility is not a bad thing as it is what makes it more interesting. Imagine bitcoin value going up right from when it was created .People will rush to get is as the human nature is greedy. Its unstable and unpredictable nature makes it more fun