Bitcoin's volatility is a non-issue

[Simon241084]

The media and the Fudsters like to do bigger. It does not mean that people can not or will not use it. The difference is that if it stops being volatile, it will be more used as both currency and investment. So far, due to the great fluctuations of electronic money, and mostly bitcoin, states are very important and this is one of the reasons for their legalization to be quite weak and slow. If bitcoin would be very expensive , sharply with normal fluctuations, if it coincides with negative information, may lead to panic that will act as a domino effect and bitcoin may lose value in a day or two.

[Swanh]

I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

• Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
• The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
• The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
• If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  
• Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.
  
  

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.

There are several factors causing volatility in the market.However,I believe that unregulated market and lack of maturity are biggest reasons for it.The market is unregulated so anyone can trade with any amount from any corner of the world and he can do it at anytime of the day so a big volume affects the price.

[TheGodFather]

I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

• Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
• The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
• The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
• If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  
• Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.
  
  

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.

Everything would always have a good side and the bad side and pur way of perceiving things would always come from the mentality and the mindset that we have in that moment. With bitcoin some people would think that the volaitlity is something that they can live with as they know or assuming that the price would go up and things would go normal. For most, this is an investment and the volatility can impact how they can do business whether trading or something else.

[kornilovatur]

Those who are investing it as long term investment will not mid it. But for a regular business with daily payments, it can be a huge issue.

[opendata]

yes bitcoin volatility is not a big issue because of peoples getting panic when market is down because its a cryptocurrency but this same thing happen with shares and stock market. if market goes down then definitely in few times market go up so no need to panic for this volatile market Because bitcoin change many peoples live and many investors getting profit from this currency.

[ZahaRip]

I believe this decline is only temporary and then it will be a strong revival of Bitcoin. I see this when looking at 2017 of bitcoin

the year that passed was hipoly, this sludge after a year of hype, waiting for the start of the next there and start buying as young bulls.

[ppifvtpu]

The market is still very immature, it is normal to have violent fluctuations, and it is not necessary to care too much about the volatility of bitcoin. It is necessary to invest in a long term if it is going to invest in the encrypted world.

[yurekaa]

for some people bitcoin price volatility has no effect, but if bitcoin is used as a legitimate currency then it is very bad for all bitcoin users because bitcoin does not have a standard value or patent that can harm us as bitcoin users.

[erundook]

It is the thing that I used to explain the non-crypto people what is Bitcoin and why it is working, I say then that many things were used in the past as a currency and also as a payment method, and so many of them had just agreed value, not the real value.

[emmyxpress19]

as a crypto trader, volatility of bitcoin is not an issue or a big deal to me, i beg to believe that its through market volatile a good trader make profit... but from the perspective of bitcoin as a store of value, volatility is bad for it if it truly want to be accept as store of value

[somebadger]

Well most people consider this as something bad, i like the volatility because it can help you out to make a bunch of money, or to loss a bunch of it. That is why i like volatility, but there are some people that don't like bitcoin because of it, and it is sad

[ZahaRip]

Bitcoins' volatility is not an issue.  You can use its volatility in a positive way. When the price is low, buy it , then sell it when its value goes higher.

for short-term investments it is really good, but for mutual settlements it is very bad. You have transferred the amount of $ 1000? and you only got $ 900 in volatility. this is not acceptable for mutual settlements.

[sitnibtc]

It really is no issue if we are considering bitcoin as an investment simce there are many investments there that are volatile. But as a currency it is an issue because we can't have a currency that can just decrease in value in just months.

[cheezcarls]

Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.

[ZahaRip]

It really is no issue if we are considering bitcoin as an investment simce there are many investments there that are volatile. But as a currency it is an issue because we can't have a currency that can just decrease in value in just months.

if you speculate, you only need to choose on which timeframe you work daily or weekly. and if you invest, you need to choose an entry point, now is the time.

[calumbautista23]

It is an issue alright if we are to look at bitcoin as a currency. We can't have an unstable value for a curency. But as as investment it surely is not an issue.

[olyolali]

Nilai total dari bitcoin yang beredar dan jumlah bisnis yang menggunakan Bitcoin masih sangat kecil dibanding yang semestinya. Karena itu, acara-acara kecil, perdagangan, ataupun aktivitas bisnis dapat secara signifikan mempengaruhi harga bitcoin. Secara teori, volatilitas ini akan berkurang seiring berkembangnya pasar dan teknologi Bitcoin. Sebelumnya tidak pernah ada mata uang yang diciptakan sendiri, sehingga sangat sulit (dan menarik) untuk membayangkan perkembangan apa yang akan terjadi selanjutnya.

[indayburakday012]

Of course volatility is the main reason why people love to invest in cryptocurrency. Taking on its advantage about its volatility and earn. Having fluctuations is very good sign that cryptocurrency is in healthy condition. FOr the times like this which market price for bitcoin has fall it should be nothing to worry about instead it will be the best time to buy crypto or bitcoin.

[rose8963]

I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

• Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
• The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
• The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
• If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  
• Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.
  
  

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.

I believe that bitcoin prices are on a strong recovery, you can see that in 2017 at this time bitcoin prices are also fluctuating a lot and can see that the market is constantly moving and follow the right The price of bitcoin is rebounding strongly throughout the past year and I believe it will continue to rise to the $ 8000 level. I believe that bitcoin prices will recover very quickly and the market is showing very positive signals.

[Nakakapagpabagabag]

Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.

For me its a non issue for people that really knows about bitcoin, and its a issue for some that dont know about it. There are some people that only want to invest but dont do a research about the thing they're investing, and when the price of bitcoin decrease, they're going to panic selling, they dont know that its normal because it was volatile, means that the price is rapidly changing and its unpredictable to know if its going to increase or decrease.