Did we get what we asked for - less Bitcoin volatility?

[Kprawn]

The nice thing of this is that most people are saying that the correction phase has run it's course and that the price bottomed

out now. We might still see a little drop in the price, but it is the end of the "wild" volatility that we saw since the beginning of

January/February. The only way for Bitcoin now, must be to go up again to where it was back in December of 2017 and far

beyond that.    Let's work harder to reach our next all time high for 2018. (Q4) 

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[Symptomatic]

The present condition seems to potray the outcry of many. Researchers are saying bitcoin's price will increase again.

[Thinkable999]

It's kind of boring, bitcoin price staying like this. But it's better than a continuous drop. Also, if you are amused with last year's bubble, rest assured, I can confirm you that it is not good for business.

[Bergqvist]

People use bitcoin for different reason. The complaining depends on the purpose they are using bitcoin for. But I think most of the people prefer less volatility.

[LukeHartman]

The market is always volatile. As people use Bitcoin for different purpose, the rate of volatility can be pleasant to someone while being painful to another. Since the opinion and comfort-zone differs, it will impossible to get what all of us have asked for.

[GenesisDominguez]

Different people use Bitcoin for different purposes. People advocating for bitcoin to be a currency,wants the price to be stable and the people using it for trading.

[libert19]

Different people use Bitcoins for different purposes. In high volatility, one part is happy and in low volatility, other part is happy. In both causes, unhappy part is moaning...

So true. You can't please everyone, btw those moaners who don't like volatility should convert to stable cryptos.

[Ridwan Fauzi]

Previously I found a lot of people who gave a statement that with a volatile price of bitcoin, there would be a few investors who would spend their money to invest in and also, someone who gave a statement that with a volatile bitcoin price it would provide a great advantage for people who really know the gap to get profit.

This is just a contradiction that will always be found in a forum, there will always be pros and cons against something. However, both of them have strong reasons why they want bitcoin prices should be volatile and they want bitcoin prices that shouldn't be volatile.

[Kakmakr]

Previously I found a lot of people who gave a statement that with a volatile price of bitcoin, there would be a few investors who would spend their money to invest in and also, someone who gave a statement that with a volatile bitcoin price it would provide a great advantage for people who really know the gap to get profit.

This is just a contradiction that will always be found in a forum, there will always be pros and cons against something. However, both of them have strong reasons why they want bitcoin prices should be volatile and they want bitcoin prices that shouldn't be volatile.

This kind of thing happens because there are not a specific definition of what Bitcoin is supposed to be. Some governments define it as a commodity and others like Japan acknowledge that it might be used as a currency. I think this might be why people/merchants are undecided on what they want Bitcoin to be. 

I do not place Bitcoin in a specific box, because I feel bitcoins should be used for whatever use case is needed by it's owner.  This will also dictate what kind of volatility is needed by the person using bitcoins for that purpose. 

[aoluain]

Good point, bitcoin has more than one use at the moment and the people using
bitcoin for their own use want different levels of volatility, never thought of it
like that.

I suppose the question is should we be getting hung up on volatility?

[cizatext]

Well volatility in the price of bitcoin is the fun part of bitcoin as it allow for an unpredictable movement in the price of bitcoin and at that most users and investors are left only to predictions. But the most essential part of this all is that bitcoin can never deviate from it nature just because of how it users feels or thought towards it bitcoin is volatile and so it will remain.

[FedorIzmailov]

we got what we wanted but now we are unhappy about it and want to make Bitcoin snvoa start to grow

[princesspoppy]

Volatility of bitcoin makes it more attractive and interesting for investors to invest in. People are making big amount of profit because of this volatility and this is the reason why people keep investing in bitcoin even though they experience losses, but now that Bitcoin is becoming stable and the price is not that volatile unlike before, I think some investors will start to feel bored and will lose their interest in Bitcoin. Some may also feel comfort that their assets doesn't have to go to roller coaster experience because of bitcoin's high volatility.

[Pursuer]

something interesting to consider regarding this is to take a look at the charts and see whether bitcoin has really been that volatile and also see how long does the high volatile states last. for example if you look at the charts for the past 5 years you can see that the stability stages and low volatility stages when price moves up slowly are the majority of the times in past 5 years.
the high volatile stages are usually end of the bubble and the correction of that (like 2013) and then we are left with much more stable market where price is either stable or is moving upwards slowly (like 2015-2018) and (2018-...)

[Zrs]

Bitcoin volatility has both pros and corns. Once it price pump huge amount, all bitcoin holders became very happy.On the contrary, if it dump huge amount, bitcoin holders became upset. So those who like to take risk for a huge profit, bitcoin volatility will be blessing for them.

[louie69]

In the past several months, I think that btc has started to stabilize it's market @ $6.5K where it normally played at this level. In the coming months to come, the expected market may soon the flourish as there will be an expected bullish run that may take place and many are waiting for it to take place. I believe that volatility is still experienced in the crypto market as this is already part of of the crypto  ecosystem and I consider it as a normal thing for btc market.

[xfaqs01]

i just learnt that there is an underlying secret information on why the price of bitcoin have stabilize and consolidates this past few weeks, first there this thing we callled OTC or bitcoin buying over the counter where big institution like yale university invested millions of dollar recently in btc, so the price wont fluctuate in exchanges, 2nd its price intended to stabilize because the etf approval is on the edge, etf will be rejected if its still volatile.

[dablatair]

Hello,

Differents opinion according of the investissors profile, traders love volatility as holders prefer smooth but constant increase.

I think that less volatility is better for long term as it will give less fears and more trusts means more people to join then increase of the price with good potential for BTC.

[Hivalley]

Do you remember the times when Bitcoin prices were all over the place and price swings of $300 to $500 in any direction was

normal.    Well, back then, everyone were moaning and complaining about the high volatility and how this negatively

impacted the merchants and using Bitcoin as a payment option.

How things have changed in a matter of 1 to 2 years is astonishing, because now people are complaining about the lack of

volatility and how boring Bitcoin has become.  


Do we know what we want or are we divided in our goals, since more speculators have entered the Bitcoin scene in 2017.  

Let's discuss.  

Cryptocurrency enthusiast and investors I think really cannot complain about volatility,as that remains a veritable means of earning huge bucks,buy little,wait for a pump and sell to make huge profits,thats where the advantage of volatility comes in,the astronomical rise can be possible at any given time

But merchants really do not favor volatility and you really cannot blame them,they are all about everyday profits,and cannot really accept payments in no exact price(cryptocurrency),they obviously should prefer the more stable fiat..

But generally for the sake of mass adoption,i think less volatility would increase the traffic In this technology,as more and more investments and companies would endorse the bitcoin and other crptocurrencies

[Ucy]

Exactly my thought some days ago, OP. I was wondering if those "crying babies" now have their profits since the volatility of bitcoin has been caged. This present scenario points to that saying, "Be careful what you wish." They have their wish of steady btc price with or without volatility but are they truly happy now?

Bitcoin has not been "caged."
Bitcoin is not like gold or silver. Things can be corrected if we want to.  Artificially induced stability means it has been successfully penetrated.. . Technically it is under central control at the moment. People's bitcoins could be rendered useless if they want to (if I can remember, Bitcoin was created due to financial crisis which was probably man-made). There will be lots of other negative consequences in the future.
Hope this is fixed before it's too late.